Rockland Resources Sees Channel Samples Assay 25.2 Metres Of 1,388 PPM Lithium
The latest assays have been released for Rockland Resources’ (CSE: RKL) channel sampling program at its new Lithium Butte Claystone property in Utah. The sampling program follows strong initial grab sample assays conducted by the company earlier this year. A total of 21 samples have reportedly been taken on the property, with the channel samples […]
Medmen Closes Sale Of Florida Assets To Ex-Bluma Wellness Execs
Medmen Enterprises (CSE: MMEN) has finally closed the sale of its Florida operation, albeit at a reduced price. The firm announced yesterday after the bell that the asset had been sold to a private firm referred to as Green Sentry Holdings. At the time of announcement in February, the asset, which includes the required license […]
Terra Balcania Identifies Polymetallic Sulphides In First Drill Hole
Terra Balcanica (CSE: TERA) has started off its 2022 drill program strong at its Viogor-Zanik property in Bosnia and Herzegovina. The firm this morning reported preliminary results from the first hole conducted on the property. The company has reportedly seen its first drill hole intersect a massive polymetallic sulphide vein at a shallow depth of […]
“There Will Be Looting”: Swiss Police Chief Warns The Possibility Of People Rebelling To Impending Power Shortage
As Switzerland prepares for the energy shortage come winter, the country’s police chief conjectures the importance of considering the ramifications on security, claiming that law enforcement should be better involved in the overall preparatory work. In an interview with Swiss daily Blick, Fredy Fässler, chief of the Security and Justice Department of the St. Gallen […]
Elon Musk Subpoenas Jack Dorsey as Twitter Buyout Battle Escalates
The battle of billionaires escalated on Monday, after Elon Musk subpoenaed co-founder and former Twitter CEO Jack Dorsey as the social media company looks to make the Tesla CEO go through with his proposed $44 billion buyout. In preparation for the Twitter versus Elon Musk October 17 trial date at the Delaware Court of Chancery, […]
Is Chamath Palihapitiya Ready To Accept That The SPAC Era Has Ended?
Recent Securities and Exchange Commission filings confirm that two of Chamath Palihapitiya’s special-purpose acquisition companies (SPACs) are struggling to complete deals. The filings follow after warrants on both stocks rose, seemingly signaling that the man once hailed as the ‘SPAC King’ would be able to close deals for two of his blank-check companies. But apparently, […]
Ford to Cut 3,000 Jobs Ahead of Potential Recession
Ford is embarking on a restructuring process that will cut about 3,000 employees from its workforce, in an effort to reduce costs ahead of a potential recession and 40-year high inflation. According to a letter to employees obtained by CNBC, Ford began notifying its staff that about 2,000 salaried positions and 1,000 agency jobs across […]
Ecommerce Firm GigaCloud Soars 206% Since US$36 Million Nasdaq IPO
B2B ecommerce solutions provider GigaCloud Technology Inc (Nasdaq: GCT) started trading on the Nasdaq Capital Market on Thursday. The Hong Kong-based firm aimed to raise US$36 million in its debut on the US big board. The offering consisted of 2.94 million Class A common shares priced at US$12.25 per share. The shares are trading on […]
Natural Gas Prices Soar After Gazprom Announces Another ‘Routine Maintenance’ Shutdown
A major Russian pipeline shipping natural gas to Europe is expected to go offline for maintenance come the end of August, putting additional pressure on Germany’s economy as the country struggles to fill its reserves ahead of the winter months. The price of natural gas futures for September on the TTF hub jumped 10% to […]
Finding The Next Great VMS District, With Jim Franklin
Joining SmallCapSteve today is Canadian geology legend James “Jim” Franklin. The “Godfather of VMS” begins today’s chat by talking about how he found his way to geology, before he gives us the lowdown on finding VMS deposits and his exciting new project with Vortex Metals (TSXV: VMS), where they stand on the brink of a […]