Battle Over Solomon Islands Continues to Heat Up, China Yells ‘Fake News’ at US and Aussies
After mulling an expansion of China’s military presence in the Solomon Islands, the pacific nation’s prime minister Manasseh Sogavare officially signed the security pact with Beijing last week, to the ire of Western powers. Although details of the pact remain unclear, a previously leaked draft document unveiled by Reuters suggested that the Solomon Islands government […]
Well Health Looks To Renew Share Buyback Program
Well Health (TSX: WELL) is looking to renew its normal course issuer bid, despite hardly utilizing the last such program it had in place. The company this morning indicated it will be renewing the program through to 2023. The renewed normal course issuer bid will see the company repurchase up to 2.5% of its currently […]
Arctic Star Exploration Launches Drill Program At Diagras Diamond Property
Arctic Star Exploration (TSXV: ADD) has begun drilling its Diagras Diamond Property in the Northwest Territories. The program is part of a larger exploration program being conducted on the property this year as the firm looks towards conducting bulk sampling in 2023. The planned drill program will see at least ten holes drilled to test […]
NGEx Minerals Hits 0.56% Copper Over 876 Metres At Los Helados
NGEx Minerals (TSXV: NGEX) appears to be taking a page out of the Libero Copper (TSXV: LBC) playbook, reporting assay results this morning from just a single hole drilled at its Los Helados copper-gold project in Chile. The hole marks the first assays to be released from its currently ongoing drill program. The company is […]
Electra Battery Materials To Begin Trading On The Nasdaq
Electra Battery Materials (TSXV: ELBM) appears to finally be going to the Nasdaq. The company this morning indicated that it has been approved for trading on the Nasdaq Capital Market. The company is set to begin trading on the US big board exchange as of the open of markets tomorrow, April 27. Much like it […]
Libero Copper Intersects 1,229 Metres Of 0.42% Copper At Mocoa
Libero Copper & Gold (TSXV: LBC) has finally received the remainder of its assay results for the first hole on its Mocoa property in Colombia. This follows the firm reporting partial assays last week, including the intersection of 0.75% copper and 0.114% molybdenum over 251 metres. With full assays now in hand for that first […]
Fission Uranium Announces $50.0 Million ATM Financing
Fission Uranium (TSX: FCU) is looking to capitalize on the recent interest in the uranium sector from investors. The company late last night announced that it will be conducting an at-the-market financing. The financing, which is to be facilitated by Canaccord Genuity, will see the company sell up to $50.0 million worth of its common […]
Meta Platforms: BMO Calls The Bottom, Saying “Sell-Off Feels Overdone”
Meta Platforms (NASDAQ: FB), which is reporting its first-quarter results on April 27, is just 1% below its all-time lows of $185.58 and down more than 50% from its all-time highs of $384.33. Analysts have a consensus estimate of $28.23 billion for revenue for the quarter, which is right in the middle of Meta’s $27 […]
Fundamentals of Thermal Coal, Generally a Hated Commodity, Continue to Look Positive
The fundamentals for one of the world’s most scorned commodities, thermal coal, continue to improve, and it is difficult to see a marked change coming over the near to intermediate term that would cause energy-starved countries to move away from the polluting fuel. In particular, India, the world’s second biggest coal-consuming country (to China) needs to […]
Amazon: BMO Lifts Price Target Following Earnings Preview
Amazon (NASDAQ: AMZN), one of the softest hit names during this market sell-off, is expected to report its first-quarter financial results on April 28. Analyst consensus on the company’s first quarter revenue is $116.29 billion, which is down from $121 billion only three months ago. However, the figure is in the higher range of the […]