Power Nickel Raises Flow Through Funds At $0.90 A Share For Next Stage Of Feasibility Study
Power Nickel (TSXV: PNPN) is pushing ahead with an agreement for a project feasibility study that it entered into with CVMR Corporation back in August.
First Quantum Warns Of Cobre Panama Shut Down Over Illegal Blockade
Operations at First Quantum’s (TSX: FM) Cobre Panama operations have been further reduced as the company makes a $567 million tax and royalty payment to the Panamanian government. The reductions come as an illegal blockade continues to impact its operations. Operations at the mine have been reduced to a single ore processing train after shipments […]
Colonial Coal: Recent Met Coal Deals Bode Well For This Small Cap
Two recent metallurgical coal transactions which carried high price tags could benefit Colonial Coal International Corp. (TSXV: CAD) – a small-cap, pure play, British Columbia-based met coal developer. Colonial Coal owns two major coal projects in the Peace River Coalfield in northeastern BC, Huguenot and Flatbed, for which the company is actively seeking buyers. Huguenot and Flatbed […]
Fisker Reports Broadly Disappointing 3Q 2023 Results
On November 13 after the market closed, start-up electric vehicle (EV) maker Fisker Inc. (NYSE: FSR) delivered 3Q 2023 earnings news that neither the company nor the much-maligned EV industry needs. The company slashed its 2023 unit production forecast to 13,000-17,000 units from 20,000+, but unfortunately such a cut no longer qualifies as especially surprising news in this sector. […]
New Startup Groundly Wants To Sell You A House But Not The Land Under It
A recently listed 1,760-square-foot modern white farmhouse on Nassau Street, located just minutes from downtown Durham, NC is currently priced at $355,000, approximately 25% below market value. This stands out as a notable opportunity in the current Triangle housing market, where prices are generally stable. How is it priced so low? One can buy the […]
Congress Letter To Biden Links Hamas To Binance As Firm’s Counter-Terrorism Official Resigns
A letter addressed to President Joe Biden and Secretary of the Treasury Janet Yellen expresses concerns about the potential misuse of digital assets by the terrorist organization Hamas. Signed by 57 members of Congress, the letter highlights claims that Hamas-linked digital wallets received approximately $41 million, and Palestinian Islamic Jihad-linked digital wallets received about $93 […]
Sam Altman Is Already In Discussions To Return To OpenAI
He may be down, but its not quite certain if he’s actually out. The Verge last night reported that Sam Altman may not be entirely out of OpenAi after all. There’s reportedly discussions being held on his “return” to the company, despite hardly being “out” for a mere 24 hours. The revelation follows the board […]
Iconic Toronto Strip Club Location Nominated for Heritage Recognition Amid Redevelopment Plans
Toronto’s iconic Brass Rail Tavern, a historic fixture on Yonge Street since the 1950s, may soon gain heritage recognition. The Toronto Preservation Board is urging the City’s Planning and Housing Committee to designate the properties at 699 and 707 Yonge St., including 701 Yonge St., under the Ontario Heritage Act. Situated on the east side […]
Traynor Ridge: Where Did The Money Go?
The Canadian finance landscape was rocked last month by the sudden death of 30 year old hedge fund founder Chris Callahan. According to a touching and anguished obituary Callahan founded Toronto based hedge fund Traynor Ridge Capital in 2020, making him one of the youngest hedge fund managers in Canada. The plot thickened in late […]
Elon Musk’s Antisemitic Era: Tesla Bulls Changing Tune, X Advertisers Pulling Out
In the current climate, Tesla (NASDAQ: TSLA) investors are facing several concerns. Vehicle sales are being buoyed by significant price reductions, the much-anticipated Cybertruck is expected to incur losses for a year, and there is a lack of clarity on the launch timeline for Tesla’s $25,000 entry-level car. Amidst these challenges, some investors are expressing […]