Trillion Energy Begins Multi-Well Drill Program In Black Sea
The multi-well drill program at the SASB gas field in the Black Sea is officially underway for Trillion Energy (CSE: TCF) as of this morning. The much-anticipated program will see a total of seven wells drilled under the initial phase of the program, which will then be followed by a ten well phase two drill […]
Denarius Metals Announces Maiden Resource Estimate Of 169,300 Tons Copper Equivalent
The maiden resource estimate for the Lomero-Poyatos project was released this morning by Denarius Metals (TSXV: DSLV). The resource estimate follows a phase one surface drill program carried out over the course of the last two years. The estimate is based on a total of 26,000 metres of drilling in aggregate via 83 holes, and […]
Skeena Resources Looks To Repurchase 0.5% NSR At Eskay Creek
Skeena Resources (TSX: SKE) is looking to repurchase a net smelter return royalty currently outstanding on its flagship property. To do so, the firm announced on Friday a $30 million bought deal financing to fund the purchase. The NSR consists of just a 0.5% royalty, which can be repurchased from Barrick Gold Corp (TSX: ABX) […]
BMO: Investors Remain Underweight In Base & Precious Metals
BMO Capital Markets Metals & Mining analysts recently met with several U.S investors, both long & short specialists as well as long-only investors, during their roadshows and have condensed their thoughts into a note. They say both investors, “view the current environment as an appropriate entry point.” Many continue to stay on the sidelines however […]
Real Estate: Yield Spreads Point To Improving Housing Affordability
In addition to marked declines in headline stock indices this year, investors also have had to cope with an erosion in real estate values over the last six months Tightening actions by the U.S. Federal Reserve and the Bank of Canada have lifted mortgage rates, making home ownership less affordable for many. In turn, housing prices have […]
PI Financial: US Cannabis Sector Showcased Strong Q2 Earnings
Earlier this month PI Financial came out with their post-second-quarter U.S cannabis update, in which they say, “Second quarter earnings are now in the rear-view mirror we are able to reflect on themes and trends in the US cannabis sector.” They say that generally, the sector showcased strong earnings and fundamentals during the second quarter […]
Peter Schiff Finally Sees Puerto Rico Allow Euro Pacific Bank Liquidation
Euro Pacific Bank (EPB) owner Peter Schiff and Puerto Rico’s Office of the Commissioner of Financial Institutions (OCIF) have reached an agreement on the liquidation plan for the bank. The decision comes two months after the territory’s regulators issued a cease-and-desist order against the bank based on inadequate capital levels and compliance controls. This follows […]
Robinhood Posts Constructive August 2022 Operating Metrics
On September 12, Robinhood Markets, Inc. (NASDAQ: HOOD) reported several key operating statistics comparing the month of August to prior trading months. While one important data point, assets under custody, was somewhat disappointing, the totality of the release has to be considered hopeful. Assets under custody (the total value of customer accounts) was US$71.0 billion as of August […]
TerrAscend: Canaccord Initiates Coverage With $4.25 Price Target, Buy Rating
On September 12, Canaccord Genuity initiated coverage on TerrAscend Corp (CSE: TER) with a buy rating and C$4.25 12-month price target, writing, “We believe TER offers a compelling investment due to its exposure to limited license states in which it has secured a full suite of vertical licenses.” They add that the Gage acquisition, which […]
Ferrari Unveils Its First 4-Door Model—And No, It’s Not An SUV
On Tuesday, Ferrari unveiled the Purosangue, the Italian car maker’s first-ever four-door production model since the company was founded in 1947. But don’t be fooled, it may look more similar to the SUVs of luxury brands like Maserati’s Levante and Porsche’s Cayenne with its thicker stance, but, as the Italian sports car maker insists, it’s […]