Silk Road Energy Acquires Gold Properties In Kirkland Lake Region Of Ontario
Silk Road Energy (TSXV: SLK) has closed on its previously announced purchase of multiple gold property in Ontario. The closing follows the approval from shareholders that was granted at a meeting earlier this week. The acquisition has seen the company acquire the Amikougami and Otto gold properties, both of which are found in the Kirkland […]
Will Nuclear Sentiment Drive Uranium Higher?
Sitting down with us for the first time on video is Justin Huhn, founder of Uranium Insider. Huhn sits down with Steve and Jay on SmallCapSteve Live! to discuss the changing sentiment towards nuclear energy, the strategy behind investing in uranium and nuclear names, and why he likes the uranium investing thesis so much. Uranium […]
Europe Importing More Russian Oil Than Before Sanctions
The EU is importing more Russian oil than before western leaders imposed crippling (or what were meant to be crippling) sanctions on the post-Soviet economy in response to Vladimir Putin’s military conflict in Ukraine. According to the Economist which cited data compiled by Argus Media, Russian oil shipments to the EU rose from 750,000 barrels […]
NIO Reports US$1.56 Billion In Revenue, US$281.2 Million Net Loss For Q1 2022
NIO Inc. (NYSE: NIO) reported today its financial results for Q1 2022, earning US$1.56 billion in revenue. This is a relatively flat increase from Q4 2021’s revenue of $1.56 billion and an increase from Q1 2021’s revenue of US$1.26 billion. The company reported a total of 25,768 vehicle deliveries during the quarter, up from the […]
New Found Gold: BMO Initiates With $10 Price Target
BMO Capital Markets this week initiated coverage on New Found Gold (TSXV: NFG) with an outperform rating and a C$10 12-month price target, which is an upside of 40%. In announcing the initiation they comment that the rating is based “on the high-profile Queensway discovery in Newfoundland, Canada.” They add that the company has found […]
German Lithium Production Facility Faces Potential Shutdown Should EU Classify the Metal as Hazardous
Uh-oh! It turns out that electric vehicles— or at the least the materials making up their batteries— are not all that safe for human health despite their role in reducing carbon emissions. That is, according to the European Union, which may soon classify lithium metal as a hazard to humans. As a result, major lithium […]
Grande Portage Resources Mobilizes For 10,000 Metre Drill Program At Herbert Gold Project
Mobilization has now begun for Grande Portage Resources (TSXV: GPG) and their planned 2022 drill program. The company has seen its crew and equipment begin the process of readying for the previously announced 10,000 metre drill program at the firms flagship gold property. Located in Alaska, the Herbert gold project will see multiple targets drill […]
FansUnite Looks To Conduct Buyback Program Amid Share Price Weakness
FansUnite (CSE: FANS) is set to conduct a share buyback program. The firm this morning announced that it will be seeking approval from the Canadian Securities Exchange to conduct a normal course issuer bid. Under the proposed program, the company is looking to repurchase up to 5% of the currently issued and outstanding shares. The […]
Pegasus Begins Process Of Permitting South Dakota Uranium Property For Exploration
Pegasus Resources (TSXV: PEGA) is looking to waste little time in the development of its newly acquired property in South Dakota. The firm this morning indicated it is looking to begin exploring its Chord uranium property, which was acquired in late April. The company has begun the process of permitting the property for exploration, with […]
Helium Evolution Enters Proposed Farmout Deal With North American Helium
Helium Evolution (TSXV: HEVI) has apparently struck a deal with one of the leading operators within the North American helium space. The company will see an investment from North American Helium, while also working towards conducting a proposed farmout agreement with the company. As one of the largest firms within the helium space on the […]