Gold Flora Corp Files for Voluntary Receivership Amid Mounting Debt
Gold Flora Corporation (CBOE: GRAM), a prominent California cannabis company with annual revenues exceeding $100 million, has filed for voluntary receivership amid mounting debt and legal obligations stemming from a previous acquisition. The vertically-integrated cannabis operator cited obligations from legacy lawsuits related to its acquisition of TPCO Holding Corp and escalating operational costs as primary […]
New Found Gold Initial Resource: Where’s The Gold?
They say good things come to those that wait. But I don’t think whoever came up with that line was referring to New Found Gold (TSXV: NFG). After over five years since the initial discovery, we’ve finally got an initial mineral resource estimate for New Found Gold’s Queensway project. But as it turns out. There’s […]
Galiano Gold Q4 Earnings: It Could of Been Worse
Earlier this week we covered McEwen Mining’s fourth quarter results, labeling the company as the highest cost public gold producer on the markets. Turns out we were wrong. We just hadn’t reviewed Galiano Gold’s (TSX: GAU) financials yet, despite the two names releasing results on the same day. Yet they still made money. So how’d […]
Spirit Blockchain: The Hunt for Assets Under Management Begins
Spirit Blockchain’s (CSE: SPIR) wholly owned subsidiary, Spirit Digital AG, is shortly launching its first exchange-traded products (ETPs) on the SIX Swiss Exchange and Deutsche Borse Frankfurt. This is a major event for the company, essentially bridging traditional finance and the blockchain space.
Gold Royalty Q4 Earnings: Market Hates The Results
Gold Royalty Corp (NYSE: GROY) may have hit its guidance targets for 2024. But the market doesn’t seem to care, with the equity seeing a massive 11% sell off following the release of their fourth quarter and 2024 financial results. That being said, the company doesn’t exactly appear to be printing money despite the current […]
Nvidia Props Up Customer CoreWeave’s IPO
Nvidia will reportedly anchor the much-anticipated initial public offering of CoreWeave at $40 per share with a $250 million order, according to sources familiar with the matter. This direct intervention comes as CoreWeave priced its IPO at $40 per share, substantially below the earlier projected range of $47 to $55 per share. CoreWeave raised about […]
Could Flooded Namibian Mines Lead To Uranium Oversupply?
In the wake of recent heavy rains in Namibia, observers are closely watching three major uranium mines that collectively produced around twenty million pounds of uranium per year as of Q3 2024. These open-pit operations appear to have been hit hard by flooding, prompting concerns about both immediate disruptions and longer-term market effects. Paladin Energy, […]
MAG Silver Q4 Earnings: Dividends On The Way
It is a good day for Mag Silver (TSX: MAG) investors. The producer has released their fourth quarter financial results, which were positive. But more importantly, the company has announced an effort to increase shareholder returns, in the form of dividends. And not just one dividend per quarter, but two. Kind of. What are we […]
Montage Gold: Strategic Moves In The Ivory Coast
Montage Gold (TSXV: MAU) has added a new asset to its portfolio. Well, sort of. For now, they’re the operator while someone else is bearing the cost of exploration. But they’ve also got some rights in place to take an interest down the road once some conditions are met. And they’ve also taken an indirect […]
Carney: Canada-US Partnership “Is Over”
Prime Minister Mark Carney declared that the long-standing partnership between Canada and the United States “is over.” “The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over,” he said in a press conference. His remarks followed US President Donald Trump’s decision […]