The Jericho Oil (JCO.V) management team has been very busy in the past few months as it completed a series of strategic transactions to A) raise more money and B) strengthen its position in the STACK play.This has resulted in Jericho entering into a farm-in agreement with a private operator to participate in the completion of 2-5 horizontal wells in Major County. Once the first two horizontal well...Read More
Avalon's Separation Rapids lithium deposit in northwestern Ontario. Source: Avalon Advanced Materials Inc.As planned, six holes totalling 1,500 metres were completed in just under one month. The program ran very smoothly without technical issues, the company said in a press release.The objective of the drill program was to expand lithium resources of both the lepidolite and petalite-rich mineraliz...Read More
Pascal Biosciences Inc. (TSXV:PAS) discovered certain cannabinoids that enhance the immunogenicity of tumor cells, making them more easily recognizable by the immune systemSmallCapPower | February 23, 2018: Pascal Biosciences Inc. (TSXV:PAS), a drug development company focused on harnessing immune system to fight cancer, announced Wednesday that it has discovered certain cannabinoids that enhanc...Read More
Diamond drilling at Northern Dynasty's Pebble Project in Alaska. Source: Northern Dynasty Minerals Ltd.The highlight of the report is a minor increase in the estimate of the mineral resources at Pebble. The increase results from a change in the metallurgical processing approach as outlined in the Project Description submitted to the U.S. Army Corps of Engineers in late 2017 and resulted in changes...Read More
Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base MetalsGlencore metal traders banked a record $2 billion in profits in 2017 - a year where traded volume of copper, zinc and ferro-alloys grew substantially.Wieland Group will strengthen its position as Europe's largest semi-finished copper products producer by acquiring Aurubis' rolled-prod...Read More
Millions of tonnes of material are likely to be redirected to steel markets outside of the United States if US President Donald Trump levies strict tariffs or quotas on imports after the Section 232 investigation. While US domestic steel prices are expected to spike if the US Department of Commerce's 232 recommendations lead to trade defense measures, there are two schools of thought as to how thi...Read More
Global ferrous scrap prices moved upward in the week from Monday February 19 to Friday February 23, amid strong demand for finished steel in countries including Turkey and India, sources told Metal Bulletin.Turkish importsTurkish import scrap markets recorded further price increases this week, shrugging off the negativity surrounding the trade defense recommendations in the United States' Section...Read More
The UK inter-merchant price range for austenitic alloy steel fell by ?10-20 per tonne this week, with the nickel price softening over the week, sources said on Friday February 23.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-990 ($1,322-1,378) per tonne delivered on Friday, compared with ?960-1,010 per tonne on February 16."While the scrap pric...Read More
I’m sorry for cursing, but I have to be frank. Most people just don’t do the required work to get what they want. They may work hard in other areas, usually to someone else’s benefit. But the timing just never seems right to do the work to make the changes they want in their own lives.This is a story of two people who did, and are still doing, the hard work. This is the story of...Read More
The base metals complex on the London Metal Exchange is mixed this morning, Friday February 23, with prices down by an average of 0.2%. Zinc prices lead the decline with a 0.8% fall to $3,501 per tonne, copper and nickel prices are off by 0.4% with the former at $7,143 per tonne, aluminium prices are bucking the trend with a 0.4% rise, while the rest are little changed. Volume has returned to arou...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTCBB: SPMTF) Intersects Targeted Clay Formation on its Clayton Valley Lithium Prospect Vancouver, British Columbia - February 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF)...Read More
CloseGain/LossOn WeekGold $1329.30-$2.20-1.44%Silver$16.52-$0.09-0.96%XAU80.53+0.64%-3.24%HUI176.71+0.49%-4.46%GDM613.86+0.90%-2.83%JSE Gold1089.59-10.40-9.51%USD89.92+0.15+0.86%Euro122.99-0.30-0.91%Yen93.77-0.08-0.24%Oil$63.55+$0.78+3.03%10-Year2.867%-0.055-0.14%Bond144.125+1.00-0.11%Dow25309.99+1.39%+0.36%Nasdaq7337.39+1.77%+1.35%S&P2747.30+1.60%+0.55% The Metals: Gold fell $5.70 to $132...Read More
Millions of tonnes of material are likely to be redirected to steel markets outside of the United States if US President Donald Trump levies strict tariffs or quotas on imports after the Section 232 investigation. While US domestic steel prices are expected to spike if the US Department of Commerce's 232 recommendations lead to trade defense measures, there are two schools of thought as to how thi...Read More
By Ira EpsteinGold staying directionless as Dollar rises and stock indices rally.http://iraepstein.com/ Read More
Widely followed proprietary analyst Rob Kirby sounds the alarm that the facts can no longer be denied that MAJOR FINANCIAL PLAYERS ARE ABANDONING THE US DOLLAR. Kirby names specific examples to prove that the drumbeat of new hard evidence is accelerating, as we are rapidly approaching the point of no return. Kirby further blazes through hot topics ranging from the real root causes behind mass trag...Read More
Indian mills are likely to increase their domestic prices for hot-rolled coil (HRC) by about 1,500 rupees ($19) per tonne in March because import prices for the material remain higher than those to local buyers."We are selling HRC in India at a discount compared with international prices. There is scope to increase the domestic price of HRC by at least 1,500 rupees per tonne," an official from an...Read More
Mainstream economics uses a fairly simple equation when it comes to public policy: More government spending equals more growth, which is just about always a good thing. The problem is with the "just about always" part. At the bottom of recessions, tax cuts and higher government spending can indeed stop the shrinkage and get things going again. And fiscal stimulus might be relatively harmless whe...Read More
"Debt levels have reached a point where they have to be defaulted upon," Michael Pento of Pento Portfolio Strategies tells Silver Doctors.The rate of the 10-year Treasury is at a four year high nearing three percent. Pento forecasts it will rise to four percent, which will be a "floor rather than a ceiling." If the rate rises to four percent, people will have lost about 25 percent from a "risk fre...Read More
By Alasdair Macleod"While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen" - President Grover ClevelandThe point President Cleveland made back in the 1880s was that individuals and vested interests had no rights to preferential treatment by a government elected to represent all. For if preference is given, it is always at the expense of...Read More
Prices for flat steel goods imported into South America were stable this week, with Chinese mills yet to place new export offers in the market after the lunar new year holiday."The Chinese market opened very slow [on Thursday February 22], with most people yet to come back," a Brazil-focused trader said. "We didn't see producers making offers, and we expect new prices to be announced next Tuesday....Read More