Fortuna Silver Sees BMO Cut Price Target To $6.50 Following Mixed Q4 Results
In late March Fortuna Silver Mines Inc. (TSX: FVI) reported its fourth quarter and full-year financial results. The company announced sales of $198.9 million, up 92% year over year for the fourth quarter. Mine operating income grew from $46.9 million to $58.3 million, or 24%, while its operating income grew to $38.9 million, or 38%. […]
Investors Remain Active in Uranium Space; Global Commercial Nuclear Plant Construction Remains Robust
The uranium business continues to grow (from a low level) and, perhaps equally important, garners increasing investor attention. For example, on March 31, two uranium developers which trade on the Australian exchange, Deep Yellow Limited and Vimy Resources Limited, agreed to merge in an A$658 million share-for-share exchange. The merged company will have two advanced uranium projects in separate Tier-1 […]
NATO No More! US-Led Bloc Should Have Been Dissolved in 1991, China Says
According to China, NATO should have been sent straight to the waste bin after the USSR was dissolved, and the current conflict between Russia and Ukraine could have been avoided. “As a product of the Cold War, NATO should have become history when the Soviet Union disintegrated,” said Beijing spokesperson Zhao Lijian during a press conference […]
Xebec: Canaccord Views Three Year Plan As Ambitious, Without Risk
After an uneventful and lackluster quarter, Xebec Adsorption (TSX: XBC) provided investors with a three-year strategic plan to power growth. The company says that it plans to generate $300 million to $350 million in revenue and adjusted EBITDA of 8% to 10% by the year 2024. To meet this estimate, the company says it will […]
IMF: Western Sanctions Against Russia Threaten to Weaken US Dollar
As the White House proudly pats itself on the back as its sanction list against Russia grows exponentially by the day, the reality is, no one in Washington can think two moves ahead, let alone comprehend the grave implications of shutting Moscow out from the world’s reserve currency. While the US runs out of creative […]
Chemical Giant BASF Warns of Catastrophic Economic Collapse if Russian Gas Exports are Halted
Chemical company BASF SE warned bureaucrats that cutting natural gas shipments into Europe would have a “catastrophic” impact on the economy not seen since the end of World War II, in yet another testament of the EU’s self-sabotage and its ineptitude to comprehend the dire implications of not playing nice with Russia’s energy supplies. In […]
This Is Not The End Of The US Dollar As The Reserve Currency – The Daily Dive
For the final episode this week of The Daily Dive, we see the return of Tavi Costa, Partner & Portfolio Manager for Crescat Capital. Tavi sits down with us this afternoon to discuss the recent news of Tesla securing its nickel supply chain, how he expects the Russian oil and gas Ruble payment demand issue […]
Commodities And The New World Order: What You Need To Know From Zoltan Pozsar’s Bretton Woods III
If you would ask Credit Suisse contributor Zoltan Pozsar, the world is heading into a new monetary order – what he calls the Bretton Woods III. In a nutshell, we are bound to see the rise of commodities as a primary monetary influence that might see the fall of the dollar and the rise of […]
Meta Reportedly Financed ‘Bare-Knuckle’ Campaign Against Tiktok: “From Dances To Danger”
Meta Platforms’ (Nasdaq: FB) paid Republican consulting firm Targeted Victory to push a campaign that communicates TikTok as the “real threat” to young teens. In a The Washington Post piece, the campaign is said to use “bare-knuckle” tactics to malign the Chinese social media giant “as a danger to American children and society.” This includes […]
PyroGenesis Ends 2021 With $31.1 Million In Revenue, $38.4 Million Net Loss
PyroGenesis Canada Inc. (TSX: PYR) shared on Thursday evening its financial results for Q4 and full-year 2021, highlighting revenue of $8.3 million. This is an increase from 2020’s revenue of $17.8 million. Breaking down the topline revenue figure, the company’s Drosrite technology contributed $7.9 million, Purevap generated $6.1 million sales, torch-related sales amounted to $2.1 […]