Benton Resources: Unveiling Newfoundland’s Copper Potential
In our last video, Small Cap Steve is joined by Stephen Stares, CEO of Benton Resources (TSXV: BEX), a junior explorer focused on Newfoundland and Labrador. Stares joins us today to largely discuss the Great Burnt Copper Project, which Benton has acquired an option in from Spruce Ridge Resources (TSXV: SHL). Within, we cover the […]
US Venture-Backed Tech Startups Face ‘Mass Extinction’
It hasn’t been a good year for private venture-backed tech startups. A New York Times article reported that approximately 3,200 US companies that raised $27.2 billion in venture funding have shuttered this year. This number, compiled by PitchBook, likely undercounts the total and excludes a number of the more spectacular failures like WeWork (which raised […]
xAI’s Grok Was Caught Responding Like It Thinks It’s ChatGPT
Elon Musk’s “rebellious” chatbot Grok, which had a lackluster launch in early November, is behaving even more strangely, this time copying a response from OpenAI’s ChatGPT. It was found returning a query with the line “I’m afraid I cannot fulfill that request, as it goes against OpenAI’s use case policy.” The response, xAI engineer Igor […]
Anti-‘Succession’ Succession: Hermès Heir to Pass On Fortune to Gardener
80-year-old billionaire Nicolas Puech, the fifth-generation heir of Hermès founder Thierry Hermès, is reportedly planning an unconventional succession move. Puech, worth between 9 and 10 billion Swiss francs, is in the process of legally adopting his 51-year-old former gardener and handyman. Puech, unmarried and childless, owns around 5% or 6% of the $220 billion luxury […]
Texas-Based Apartment Syndicator to Lose Two Properties After $125 Million Default
Austin-based multifamily syndicator GVA is on the brink of losing two properties, Falls on Bull Creek and Park at Walnut Creek, to foreclosure. The firm, founded by Alan Stalcup in 2015, is facing a default on approximately $125 million in loans, adding to the $288 million loan default for Houston properties earlier this year. GVA […]
Canada Increases Cash Requirements for International Students
Canada is making significant changes to the financial requirements for international students starting January 1, 2024. The move, announced by Minister of Immigration, Refugees, and Citizenship Marc Miller aims to ensure that international students “are financially prepared for life in Canada.” The cost-of-living financial requirement for study permit applicants has remained static since the early […]
First Phosphate Enters MOU For 6,000 Tonnes Per Year Of LFP Cathode Active Material, LFP / LFMP Tech
First Phosphate (CSE: PHOS) continues to work its way into the North American battery supply chain, announcing this morning that it has signed another memorandum of understanding.
CGX Energy Reports 514 – 628 Million boe In Unrisked Gross Prospective Resources At Corentyne Block
CGX Energy (TSXV: OYL) and Frontera Energy (TSX: FEC) this morning provided an estimate for oil resources in the northern portion of the Corentyne Block, which is found offshore of Guyana. The duo report that between 514 and 628 million barrels of oil equivalent PMean unrisked gross prospective resources exist within the Maastrichtian horizons, while […]
Carlyle Commodities Begins Phase Two Drilling At Newton Gold Project
Phase two drilling has begun at Carlyle Commodities’ (CSE: CCC) flagship Newton Gold project in British Columbia.
Israel Issues 48-Hour Ultimatum On Lebanon
In a significant development, Israel has reportedly issued a “48-Hour Ultimatum” to the Lebanese Government and Military, urging them to commence negotiations on an agreement to return Hezbollah to positions stipulated by United Nations Security Council Resolution 1701. Failing compliance, the Israel Defense Forces (IDF) stand poised to launch a military operation targeting Hezbollah infrastructure […]