Emergent Metals Intersects Visible Gold In Early Drilling At Trecesson Property
Visible gold has reportedly been intersected by Emergent Metals (TSXV: EMR) as they get underway with their previously announced drill program at the Trecesson Property in Quebec. The visible gold has reportedly been encountered in two holes completed to date at the Cossette South target, with the company reporting a total of six holes have […]
Atlas Salt Reports Post-Tax Net Present Value Of Great Atlantic Project Of $482 Million
Atlas Salt (TSXV: SALT) last night released the results of a preliminary economic assessment for it s Great Atlantic Salt Project, found on the west coast of Newfoundland. The report was headlined by a pre-tax net present value with an eight percent discount of $909 million, and a project payback period of 4.2 years. The […]
Power Nickel To Use Sound Mapping Tech To Further Explore Nisk Project
Power Nickel (TSXV: PNPN) is going high-tech. The firm has revealed that it has partnered with Fleet Space Technologies, an Australia-based firm using microsatellites for mineral exploration. The arrangement will see Power Nickel employ the use of sound mapping technology developed by Fleet Space to locate further high-grade nickel sulfide deposits at the firms flagship […]
Lithium Americas To Receive $650 Million Investment From General Motors
Mining investors this morning might have received the news required to pump some life into the sector. General Motors (NYSE: GM) and Lithium Americas (TSX: LAC) have jointly announced that they will work together to develop the Thacker Pass mine in Nevada, which is currently viewed as the third largest lithium deposit globally. The deal […]
Hindenburg vs. Adani Group, Explained
In a economic situation marred by recessions and fraudulent schemes left and right, we found ourselves in yet another massive public skirmish coming all the way from India. Financial research firm and short seller Hindenburg Research exposed one of New Delhi’s largest conglomerates Adani Group as a firm that “has engaged in a brazen stock […]
Is Tesla Overvalued As We Enter An EV Price War?
After the regular market close last Wednesday, Tesla, Inc. (NASDAQ: TSLA) reported impressive 4Q 2022 earnings. Automotive gross profit was US$5.5 billion, up 13% from US$4.9 billion a year ago. Tesla’s 4Q 2022 adjusted EBITDA and EPS from continuing operations were US$5.4 billion and US$1.19, up 32% and 40%, respectively, from 4Q 2021 levels. Tesla shares have exploded higher […]
Impossible Foods Puts Employees on the Chopping Block, Prepares to Fire 20% of Staff
Impossible Foods, the California-based company focused on making plant-based meats, is allegedly preparing to axe 20% of its staff, as demand for its products subsides. According to people familiar with internal discussions, Impossible Foods is proverbially trimming some more fat, this time eliminating around 140 people from its 700-employee head-count. In a document seen by […]
Pierre Poilievre Calls Out Liberal Transport Minister’s Incompetence During Holiday Travel Crisis
During a recent House of Commons committee meeting, executives from Via Rail stated that Federal Transport Minister Omar Alghabra wasn’t communicating with them during a treacherous winter storm on Christmas Eve that left hundreds of travelers stranded during the Christmas holidays. The executives said that while Transport Canada and the minister’s staff were in contact […]
Coinbase Leads Explosive January Nasdaq Rally, Investors Continue To Ignore Risks
Many high-risk stocks which were crushed in 2022 have soared in January 2023, and Coinbase Global, Inc. (NASDAQ: COIN) has been one of the best-performing of those “discarded” stocks. The shares have soared 73% in the first four weeks of 2023 after plummeting 86% in 2022. Clearly, Coinbase stock has been boosted by the revival in cryptocurrencies in […]
CRA Shies Away From Full Review Of $15 Billion In Ineligible Payments
The Commissioner of Canada Revenue Agency (CRA), Bob Hamilton, has stated that it is not worth conducting a full review of over $15 billion in pandemic wage benefits that may have been sent to ineligible recipients, according to the December audit report by Auditor-General Karen Hogan. The report states that the Auditor-General found $4.6 billion […]