I've been writing about the rising consumer debt delinquency and default rates for a few months. The "officially tabulated" mainstream b.s. reports are not picking up the numbers, but the large credit card issuers (like Capital One) and auto debt issuers (like Santander Consumer USA) have been showing a dramatic rise in troubled credit card and auto debt loans for several quarters, especially in...Read More
Last month, Medallion Resources (MDL.V) announced it successfully completed additional test work aiming at producing a cerium-depleted REE concentrate. This is a major step forward for the company as the low-value cerium was dragging down the total value per kilogram of REE concentrate.Now the new test results and flow sheet have indicated it is indeed possible to substantially reduce the cerium c...Read More
Wallbridge Mining Company Limited (TSX:WM), a resource junior, glistered after announcing agreements to deliver 10,870 ounces of goldSean Mason | April 4, 2018 | SmallCapPowerA multi-million-dollar gold delivery agreement propelled shares of a resource junior Wednesday. Here's some small stocks making big moves on Wednesday, April 4, 2018 (as of 4 pm EST):Wallbridge Mining Company Limited (TSX:...Read More
Drill-testing for gold in Ghana, West Africa. Source: Cardinal Resources Ltd.Cardinal Resources Ltd. [CDV-TSX, ASX; CRDNF-OTC] on Wednesday April 4 released an update in relation to Stage 1 appraisal programs over four exploration licenses in Ghana, West Africa.The first three exploration licenses are titled Bongo, Kungongo, and Ndongo. All three are located within the company's Bolgatanga Project...Read More
Up Cannabis Inc., a wholly-owned subsidiary of Newstrike Resources Ltd. (TSXV:HIP), has obtained a producer's license to cultivate in its 160,000 sq. ft. greenhouse facility in NiagaraSmallCapPower | April 4, 2018: Newstrike Resources Ltd. (TSXV:HIP) Monday announced that its wholly-owned subsidiary and licensed producer of cannabis, Up Cannabis Inc., has obtained a producer's license to cultivate...Read More
Location map of the New Age Metals River Valley PGM Project near Sudbury, Ontario. Source: New Age Metals Inc.New Age Metals Inc. [NAM-TSXV; PAWEF-OTCQB] has signed a binding letter of intent with Avalon Development Corp., a company that is expected to provide acquisition and geological services to New Age Metals in Alaska.The services to be provided are as follows:Provide New Age with its extensi...Read More
Shares in Eldorado Gold Corp. rose by as much as 14 per cent on Wednesday after it announced that an arbitration panel had ruled in its favour in its dispute with the Greek government over its Madem Lakkos metallurgical plant.The panel rejected allegations that a technical study was deficient and was in violation of a transfer contract and the environmental terms of the project, the Canadian min...Read More
The Canadian healthcare stocks on our list have surged 177% on average over the past three months while the TSX has slumpedSmallCapPower | April 4, 2018: The Canadian healthcare sector is struggling, with the S&P/TSX Capped Healthcare Index declining 14% over the past three months while the Dow Jones Healthcare Index decreased 4%. In contrast, the TSX is down 8% while the Dow Jones has eased 5...Read More
You've never heard of Executive Order 13817.Don't feel too bad; you're not the only one who's been distracted by a news cycle that is measured in minutes.Between the tweets, the protests, and biting your fingernails on which direction the market is going to go today...What everyone missed was a fly-by-night order that Trump hurriedly signed on December 20, 2017.And it was buried under the fiery rh...Read More
Vancouver, British Columbia - April 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to report that the Company has claimed significant additional ground within the Juruena belt in Mato Grosso, Brazil. These new claims total 52,378 hectares and have increased the Company's strategic land p...Read More
Thunder Bay, Ontario - April 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has received the 2017 Bernie Schnieders Discovery of the Year Award, for the Bedivere Gold Project. Benton received the honour last night, awarded by the Northwestern Ontario Prospectors Association ("NWOPA") Awards Committe...Read More
Authoritarianism creeps in from seemingly unlikely places.Government officials will start with a premise that seems pretty legit.“Kids need to be protected. In order for parents and officials to protect them, kids can’t have full rights like adults.”As child labor, compulsory schooling, and other “protective” laws have accelerated over the last 100 years, the definiti...Read More
Vancouver, British Columbia - April 4, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cornerstone Metals Inc.(TSXV: CCC) (OTCQB: CCCCF) (FSE: 1PY) ("Cornerstone" or the "Company") announces the results of 5 holes, DDC18-09 to DDC18-13, of the 20 hole confirmation diamond drilling program on its Carlin Vanadium Project, Nevada. The Carlin Vanadium Project is one of the largest, richest primary...Read More
Junior explorer, MeteoricResources NL (ASX:MEI), this morning informed the market that it has kicked offfield work on its cobalt properties in Ontario, Canada. This is the start of acomprehensive and fully funded exploration program, targeting high-grade,primary cobalt mineralisation.MEI has in its arsenal fivehighly prospective primary cobalt projects in Ontario. The company's exploration strateg...Read More
Perth-based junior developer, AustralianMines (ASX:AUZ | OTCQB:AMSLF), this morning announced its appointment of StuartPeterson in the newly created role of exploration manager.This new addition to the AUZ tech team comesas the company ramps up its project development and regional explorationactivities in 2018. Peterson is a qualified geologist andseasoned exploration manager, with more than 15 ye...Read More
Australian gold and cobalt explorer AlloyResources Limited (ASX:AYR) has announced that it has received assays from alarge soil sampling program at the Ophara cobalt-gold project, and they showextensive new cobalt mineralization trends over a 60 square kilometre area.Further, the assays indicate that the GreatGoulburn anomaly extends from 700 metres to over 3 kilometres, as well as indicatenew ano...Read More
MinRex Resources (ASX:MRR) todayrevealed it has received an encouraging preliminary desktop report on thePacific Express project from its geology consultant.This report is part of a broaderplan to fast-track due diligence on MRR's proposed acquisition of three highlyprospective cobalt-nickel-scandium project areas in NSW and WA. This is the first phase of the duediligence process, which MRR will...Read More
Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More
Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More
Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favour of the company's plans to build a plant for treating concentrates form the Olympias and Skouries projects, in the country's north.The panel rejected allegations that a technical study submitted by Eldorado was deficient and in violation of a transfer contract an...Read More