Posted by AGORACOM
at 8:20 PM on Friday, May 22nd, 2020
SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information
While speaking at a recent online investor conference, GM executive vice president Doug Parks revealed the car manufacturer is working on next-generation batteries that will be even more advanced than the Ultium battery that it unveiled back in March.
Parks said that the car manufacturer is “almost there†with the new long-life battery and added that “multiple teams†at GM are working on advances including zero-cobalt electrodes, solid state electrolytes and ultra-fast charging, Reuters reports.
GM’s Ultium batteries are unique because the large-format, pouch-style cells can be stacked vertically or horizontally inside the battery pack, allowing engineers to optimize battery energy storage and layout for each vehicle design. Ultium energy options will range from 50 kWh to 200 kWh allowing for up to 400 miles (644 km) or more of range on each charge and vehicles that can sprint to 60 mph (96 km/h) in as little as 3 seconds.
Most future electric vehicles produced by GM with the Ultium batteries will have 400-volt battery packs and up to 200 kW fast-charging capabilities, while the brand’s truck platform will have 800-volt battery packs and 350 kW fast-charging capability.
While GM may be close to developing a million-mile battery, Tesla looks set to beat them to the punch. Thanks to a partnership with China’s CATL, the electric automaker’s million-mile battery could premiere in Chinese-built Model 3s later this year or early next year.
Posted by AGORACOM
at 12:25 PM on Friday, May 22nd, 2020
Sponsor: Affinity Metals Corp. (TSX-V: AFF) is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the drill ready Regal Property near Revelstoke, BC where Affinity Metals is making preparations for a spring drill program to test two large Z-TEM anomalies. Click Here for More Info
This has been a tumultuous year for investors, with Brexit, negative bond yields, a global trade war, an oil price crash and, of course, a worldwide pandemic that’s ushered in what’s expected to be the worst recession since the Great Depression. The question, then, is whether our money can be safely invested anywhere.
Fortunately, many experts are bullish about precious metals. Although the price of gold has risen roughly $400 per ounce in the past year, some analysts suggest that silver may be the better buy in the medium- and long-term.
As the CEO and founder of an online alternative investment brokerage, I’m constantly keeping my finger on the pulse of what precious metals experts forecast for the years ahead. In this article, I’ll take a closer look at the silver forecast for 2020 and 2021 to give investors an idea of what they can expect.
How Has Silver Fared So Far In 2020?
Let’s first assess the recent performance of silver bullion during this time of uncertainty. Although the price of silver has fallen since the outbreak of the novel coronavirus, its value has held considerably well compared to the U.S. stock market. During the worst of the stock sell-off in mid-March, May silver futures dropped $0.48 to roughly $12.34 per ounce, according to kitco.com, while the S&P 500 had fallen 27% year to date on March 18.
Virtually every asset price fell in March due to the “sell what you can†mentality many investors held during this frantic period of uncertainty driven by the coronavirus and an oil price war. However, allocating a portion of your portfolio to silver bullion would have softened the blow caused by the coronavirus sell-off.
Is Silver Susceptible To Price Suppression?
It’s worth noting neither the U.S. federal government nor the Federal Reserve system can assert significant control over the price of silver. In 2019, the U.S. accounted for an estimated 3.6% of global silver production (980 metric tons), compared to Mexico and Peru, which produced 6,300 and 3,800 metric tons, respectively. Therefore, the price of silver is ultimately beholden to global market forces rather than domestic price manipulation.
Silver And Industry
Silver is a metal with many industrial applications. In 2018, silver was heavily utilized for industrial manufacturing — in particular, for use in photovoltaic solar panels, brazing alloys and solders, electronics and ethylene oxide. This figure doesn’t include silver used in the production of jewelry, which required another 200 million-plus ounces that year.
What’s particularly noteworthy about silver’s industrial usage is that it’s prominent in the production of solar panels and batteries, which bodes well for the metal’s long-term price. The worldwide market for solar energy was expected to rise in value from $52 billion in 2018 to $223 billion by 2026.
Key Factors That Could Influence The Price Of Silver In The Near Term
In an article forecasting the price of silver in 2020, Capital.com’s Valerie Medleva mentioned that silver tends to perform poorly when the U.S. dollar is strong. The article went on to note that in Q4 2018, the price of silver fell 14% when the U.S. dollar performed well.
Although the U.S. dollar is currently strong, the Fed has recently cut interest rates to effectively zero, which could weaken the dollar, so it remains to be seen how this will impact the price of silver through the year. A strong dollar generally signals a weak silver price, and though there are exceptions, such as we saw in 2018, high interest rates tend to mean higher silver prices. In other words, if the dollar weakens, we could have two competing forces pushing the price of silver up and down simultaneously.
Regarding supply, a January 2020 report by Scotiabank determined the global supply of silver is “fundamentally oversupplied†but remains attractive to investors as a gold proxy. The authors note that silver can play an important role as a currency hedge, and upside growth is expected due to modest increased industrial demand. Overall, the report is mixed about silver prices for 2020, estimating possible outcomes of $15-$23 per ounce, depending on gold performance and demand drivers. The authors estimated that $17.50-$21 per ounce is the fair, market-aligned range for silver in the year ahead.
And according to technical analysts at FX Empire, silver is trending to the upside as price pullbacks throughout April have been met with quick buys from investors looking to fill their pockets with the white metal. They note a critical resistance point at $15.50 per ounce. If silver settles above that mark, that will open the path for it stabilizing around the $16.50 level seen before the crisis.
The Takeaway: A Worthwhile Hold But Not Without Risk
The general consensus among market watchers, researchers and precious metals experts is that the long-term forecast for silver is positive. Although no asset is without downside risk, the case for silver is supported by heavy industrial use as well as its strategic importance as a currency hedge during times of uncertainty. However, the strength of the dollar will play an important role in silver’s performance.
In short, silver is an alternative investment that’s a relatively safe option in a highly volatile market. Many analysts are optimistic about silver prices in the short and medium term. Regardless of how silver performs in the months ahead, the metal remains a strategic hold for many investors looking to minimize risk, diversify their portfolio and safeguard their wealth during times of heightened volatility.
Posted by AGORACOM
at 10:58 AM on Friday, May 22nd, 2020
SPONSOR: American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. 2020 drilling plans 18,000 to 20,000 metres from 7-10 drill platforms with four diamond drill rigs. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits and is fully funded for exploration in 2020. Click Here For More Info
The global economy was flashing danger signs long before the pandemic. For one thing, many countries were clamouring to get hold of as much gold as possible. For the past decade, they have been buying new reserves and bringing it home from overseas storage to an extent never seen in modern times. Then just before the pandemic, there was a pause. What does all this mean?
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
Central bank gold buying 1971-2019
We have also seen a large effort by central banks to repatriate their gold from other countries, mostly from storage in New York and London.
Gold has enthralled humanity since ancient times. Still it glitters from central bank vaults to jewellery bazaars the world over. The Conversation brings you five essential briefings by academic experts on the world’s favourite precious metal. For more articles written by experts, join the hundreds of thousands who subscribe to our newsletter
Venezuela started repatriating its gold in 2011, shipping 160 tonnes from New York. A third of its holdings remain in London, but only because the Bank of England won’t repatriate them – declaring it doesn’t recognise the government in Caracas. Venezuela has now made this the subject of a legal claim.
Then came Eastern Europe. In 2018, Hungary announced it would repatriate nearly 3 tons of gold from London, while greatly boosting its reserves. Poland repatriated 100 tons from London a year later, about half of its national reserve. Next was Romania, while Slovakia and Serbia have been considering moving gold home from England too.
Why it is happening?
This dash to gold is about geopolitics and economics. Gold serves as a patch mark of nationalist identity. To quote Adam Glapinski, governor of the National Bank of Poland, “gold symbolises the strength of [a] countryâ€.
Stocking up has made sense to many countries in the populist climate. It is also a sign of countries diversifying from dollars. The likes of Russia, China and even countries in Western Europe want to break the US dominance of the financial system, having seen it used as leverage in everything from economic sanctions to trade threats.
Following the last financial crisis, many also feared there was more to come. When former Slovak prime minister Robert Fico last year urged his parliament to compel the central bank to repatriate gold from London, he argued that overseas reserves could be at risk in a new global economic crisis.
Citing the 1938 Munich pact between France, Britain, Italy and Germany that allowed the German invasion of Czechoslovakia, he said that “sometimes your international partners can betray youâ€.
Countries also seem unnerved by the row over Venezuela’s gold, plus the fact that Germany’s repatriated bars from the US appeared different to what it thought was in store. This suggested the Federal Reserve was trading them.
Fiat vs gold
In an era where everything is digital, fast and smart, it might sound strange that a static piece of metal could still have a major monetary role. Central banks abandoned the gold standard in the 1970s, led by US President Richard Nixon, which meant that paper currencies were no longer exchangeable for gold. This was necessary because there were too many dollars in the international system and too many countries exercising their right to exchange them for US gold reserves.
After Nixon’s decision, currencies became fiat, meaning that countries could freely decide how much to have in circulation. Currencies now had value not because they were backed by gold, but because the state standing behind them said they had value. Central banks effectively declared gold to be a relic. Fiat money was seen as superior, thanks to central bankers’ supposedly scientific oversight of monetary policy.
The new dash for gold makes economists pause and wonder what is happening. It seems to show many countries looking for a safe haven in these years in which interest rates have been very low and central banks have been printing large amounts of money to stimulate the global economy. Gold continues to have intrinsic value, so it reassures countries – especially if they fear inflation and downturns.
And yet, just as economic uncertainty was about to move to a whole new level with the pandemic, this trend lost momentum. Additions to the gold holdings of central banks and other international institutions in the three months to January 2020 – the most recent figure available – were just 67 metric tons, the least since August 2018.
In truth, this was not entirely surprising. Purchasing bullion at close to a seven-year high, and after a month of prices fluctuating plus or minus about 13%, is no particularly prudent way to consolidate economic and geopolitical power.
It will be a few months before we see how the pandemic has affected central banks’ attitude to gold. It could yet convince them that gold will still move higher. So don’t be surprised if this dash to gold has resumed in recent weeks – in a leading indicator of troubling times ahead.
Posted by AGORACOM-JC
at 9:24 AM on Friday, May 22nd, 2020
SPONSOR: KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. Immunity passports based on Blockchain technology? Why not for this and other matters. Liquid Avatar will make it easier to carry all kind of digital credentials, whether it’s a digital travel or immunity passport and a whole lot more with added biometric, blockchain and other multi-factor verification.
Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream
In the early days of enforced social distancing measures, there was a presiding confidence that any economic disruption would be temporary and fairly short.
Analysts were nearly universally predicting a “V-shaped†U.S. recovery — a fast drop with a quick stop, then a rapid reset back to normal. End-to-end, things would recover by 2020’s end.
But things are looking far less certain now in that regard. While some experts are predicting a quick reset, a rising chorus of voices is noting that the slowdown might extend for some time still to come.
Still, PYMNTs’ surveys have found that consumers are eight times more afraid of dying from COVID-19 than they’re worried about losing their jobs or their nest eggs. As a result, many will need quite a bit of persuading when it comes to getting back out into the real world.
They must believe that the rewards of real-world commerce are worth the frictions and the risk to health — outweighing what they’ll receive if they eschew a physical experience for the digital ones they’ve become accustomed to over the past two months.
It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. He said he envisions using blockchain to create private, consumer-controlled “immunity passports†that will make it easier for customers and businesses to feel comfortable in a real-world environment.
That’s why Overstock’s investment arm Medici Ventures has turned toward firms like Evernym and Vital Chain. These startups are leveraging blockchain technology to create app-based solutions that will let individuals download and control their health records and selectively share them with businesses, industries and health organizations.
Johnson noted that when we think about what it will really take for the average consumer to feel safe sitting on an airplane, in a restaurant or at a store, it’s the knowledge that everyone around them is uninfected with coronavirus.
“I think the solution we are investing in developing is solving a problem that people are going to want solved,†he said. “An immunity passport is what that is going to look like for a lot of industries. If I can prove that I’ve got the antibodies or have steered clear of infection entirely, and I can show that on an immunity passport, that’s pretty powerful.â€
Or at least it could be, in terms of providing a reentry plan for consumers and businesses that balances people’s need for privacy with their need to feel safe and confident interacting with the physical world. But, Johnson noted, the first challenge is adoption.
Leading People To Try A New Thing
Webster asked about the immunity passports being developed from blockchain compared to immunity-passport app usage being enforced by the Chinese government, and whether they are designed to function in a similar way.
“Well, I don’t ever want to say we’re similar to China,†Jackson noted, saying what mainly differentiates the immunity passport Overstock is investing in from the Chinese QR code-based option is choice.
The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.
What will likely push adoption is that some businesses have an incentive to use this technology — and require a submission of a clean immunity passport.
“If you are the Cleveland Indians or the Browns or Cavaliers, your biggest interest right now is getting people back into the seats and watching games in their stadium,†Johnson said. “That creates their incentive to require these.â€
As for consumers, their motivation for adoption is pretty simple: They’ll want to go to a ball game, fly on a plane or eat in a restaurant and will have to participate to do so.
Will This Be Blockchain’s Time To Shine?
There’s a tendency when looking at decade-old blockchain technology to wonder why something billed as a “world-changing†innovation hasn’t had a bigger impact so far.
Johnson agreed that blockchain has been underutilized thus far, but he said he doesn’t believe that’s necessarily a reflection on the technology itself. He said Overstock continues to believe blockchain is “the most important advance since the invention of the internet.â€
The trouble, he said, is blockchain tends to get mixed up with its first killer-use case — cryptocurrency.
As a transactional technology, cryptocurrency has uses that Overstock has seen on its retail site Overstock.com, Johnson said. To buy something via traditional means, customers have to cough up a lot of information about themselves — names, email addresses, credit card numbers, the extra security code and their shipping and billing addresses.
But when they buy with bitcoin, they only need to hand over a single piece of information — a shipping address. The use of blockchain technology creates a self -sovereign identity that imports directly into the transaction and allows for smoother and simpler authentication.
The trouble, Johnson noted, is bitcoin as a use case has speed issues in terms of timing transactions properly.
“I don’t think it is quite immediate enough for payments in some cases,†he said. “It’s tough when I’m in a 7-Eleven and I have to wait for the bitcoin blockchain to confirm the sale. That is not going to work for most people.â€
But a solution that allows consumers and businesses to feel more comfortable returning to physical transactions will. And blockchain’s unique mechanism of securely transferring information in an unalterable way makes it ideally suited for building immunity passports — even if those using them have no idea that they’re working with blockchain.
In fact, Johnson said he advises the firms in which Overstock invests to stay away from mentioning blockchain technology too much because that will get them into a bunch of tangential conversations about cryptocurrency.
“I have worked for an internet company for a long time, [and] I have no idea how my phone works, but I know the apps, and I know how I like to use it, and I know the solutions it is offering me to the problems I need solved,†Johnson said. “I advise companies to talk about the problem [they’re addressing] and how the app solves it. The fact that it is on blockchain and that is why the solution works, that is less important.â€
Posted by AGORACOM
at 10:00 AM on Thursday, May 21st, 2020
Vancouver, British Columbia–(Newsfile Corp. – May 21, 2020) – Affinity Metals Corp. (TSXV: AFF) (“the Corporation”) (“Affinity”) congratulates Advisor Ronni Stoerferle regarding the upcoming much anticipated May 27th publication of the 2020 edition of the “In Gold We Trust” report.
The “In Gold We Trust” report is the preeminent research report for the gold industry as it relates to the state of the global economy in general. The 2020 edition will be in excess of 350 pages of all things gold (and silver). The Wall Street Journal has referred to the report as the “Gold Standard of Gold Research”. The report is free and is available for download on May 27th at the following web address:
Ronni Stoeferle, Founding Affinity Advisory Board Member, and Rob Edwards, Affinity CEO were recently interviewed on the Agoracom network. The interview covers key information regarding the present state of the gold and silver market as well as Affinity’s Regal Project. The interview may be viewed here:
The Corporation has granted a total of 1,000,000 incentive stock options under the Corporation’s stock option plan to certain Directors, Officers, Contractors and Advisors of the Corporation. The options were granted at a deemed price of $0.17 and are exercisable until May 20, 2030. The incentive options are subject to a hold period of four months and a day from issuance.
The granting of options is subject to approval by the TSX Venture Exchange.
About Affinity
Affinity Metals is a Canadian mineral exploration company focused on advancing the Regal polymetallic project located near Revelstoke, British Columbia.
Drill results from preliminary drilling on the Regal project were recently announced and included a significant new silver discovery in the Allco area of the property with drill hole #10 intersecting 11.10 meters of 143.29 g/t silver including 0.55 meters of 2612.0 g/t silver. This intersection also carried high grade zinc and lead with some copper.
Planning for the upcoming Regal exploration program is underway with details to be announced once finalized.
On behalf of the Board of Directors
Robert Edwards, CEO and Director of Affinity Metals Corp.
Posted by AGORACOM
at 9:30 AM on Thursday, May 21st, 2020
Results of the 2019 calendar year audit of Nature’s Exclusive:
Revenue of Cdn$29,034,000
Net income of $3,505,000
Achieved a margin of over 12%
VANCOUVER, BC / ACCESSWIRE / May 21, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC PINK:PEMTF) (the “Company“) would like to thank all shareholders and investors for attending yesterday’s investor call. The main items addressed on the call were the completion of 2019 audit of the Nature’s Exclusive brand and the expansion of business in the natural health products sector through the proposed acquisition of Verrian.
The 2019 financial results for the Nature’s Exclusive brand is a strong indicator of the power of the Company’s eCommerce business model. This growth continued into 2020. For the months January through April 2020, the Company has generated revenue of Cdn$13,968,000 with related expenses of Cdn$13,514,000. Revenue has increased 188% for this time period over the same period during 2019. The Company’s customer acquisition and subscription retention strategies are yielding benefits through the year and into May where the Nature’s Exclusive brand has acquired over 17,613 customers from May 1st through May 18th. With over 60% of these customers electing into a subscription, the Company expects reduced costs in the following months, as customer acquisition expense is a one-time cost per customer.
As a leading business in the natural health products sector, we’ve been aggressively looking to expand our offering into growing segments of the market. Through this process, we identified psychedelic medicine as a unique opportunity, due to the overwhelming momentum of the sector and the incredible health benefits that can be obtained through derivative products.
The Company has come to terms to acquire Verrian, a leading company in the psychedelic medicine sector. Verrian owns and operates an established 110,000 square-foot pharmaceutical manufacturing facility in Germany that holds EU-GMP, ISO 14001, and narcotics manufacturing licenses. The facility and equipment of Verrian have been independently appraised at Cdn$10,600,000 and include an analytical laboratory and full pharmaceutical manufacturing suite.
Beyond the importance of this manufacturing asset, Verrian’s product commercialization process is already underway. The business has invested over Cdn$2,000,000 in clinical trials with two studies that are ongoing. These studies combined with our manufacturing abilities will uniquely prepare us to go-to-market once approval is granted.
Verrian’s product development pipeline is incredibly strong with two products named PSI Gen and PSI Gen+, which are both natural psilocybin extracts from organic mushrooms combined with metabolism-enhancing natural herbs. While there are many benefits patients may realize from utilizing psychedelic medicine, Verrian is focusing on opioid addiction reduction. This is an important mission as a company as it is estimated that over 13 million people in the world take opioids. For those individuals who have suffered a loss due to one’s addiction to a medically prescribed pharmaceutical, this holistic approach provided by Verrian and Mota is even more meaningful. In addition to treatments for opioids, new studies have demonstrated successful psilocybin treatments for both alcoholism and depression, substantially increasing the market size of potential patients. According to Marketdata, the United States market for alcohol and drug addiction rehab will be worth $42,000,000,000 in 2020, with over 15,000 private treatment facilities and growing.
“Our acquisition of Verrian is another step forward in executing our vision to use our powerful eCommerce platform for new and innovative natural health products. While we continue to grow and expand our CBD business units, we will also be ready to fully commercialize the technology created by Verrian. I look forward to working with Verrian’s incredibly talented team of clinical researchers and addiction medicine professionals within our existing ecosystem as it will uniquely position us as a leader in psychedelic medicine,” stated Ryan Hoggan, CEO of the Company.
Completion of the acquisition of Verrian remains subject to a number of conditions, including completion of due diligence, receipt of any required regulatory approvals and the negotiation of definitive documentation. For further information regarding the proposed acquisition, readers are encouraged to review the Company’s news release of May 19, 2020.
Conference replay
Canada/USA TF: 1-800-319-6413 International Toll: +1-604-638-9010 Replay Access Code: 4620
About Mota Ventures Corp.
Mota is an established eCommerce, direct to consumer provider of a wide range of CBD products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its First Class CBD and Nature’s Exclusive brands. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.
ON BEHALF OF THE BOARD OF DIRECTORS MOTA VENTURES CORP.
Ryan Hoggan Chief Executive Officer
For further information, readers are encouraged to contact Joel Shacker, President & CEO at +604.423.4733 or by email at [email protected] or www.motaventuresco.com
Posted by AGORACOM
at 9:27 AM on Thursday, May 21st, 2020
Gratomic has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.
TORONTO, ON / ACCESSWIRE / May 21, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce an update on the purchase agreement between the Company and TODAQ where Gratomic’s Aukam mined graphite will be utilized as a backstop to underpin the value of deployed TODA Notes (“TDN“). TODA Notes are a payment and loyalty asset which are backstopped by a mixed basket of digital economy commodities, land and monetary assets with graphite among the first underlying commodities, which will be supplied by Gratomic Inc.
The Companies are pleased to announce that they are planning to extend delivery schedules against TODAQ’s current Purchase Orders for Aukam graphite, to be supplied by Gratomic Inc., and that they are continuing to work together to execute on the existing off-take agreement.
Co-Founder and CEO of TODAQ, Mr. Hassan Khan, states that “In spite of the upheaval in the markets this year, we’ve been pleased to see overall demand increase for digital assets backed by ‘digital economy’ commodities like graphite. We look forward to working alongside our partner Gratomic in moving this project forward to delivery.”
Gratomic is currently completing its financing, which is intended to bring the mine into commission.
The Company has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.
The Commissioning Phase will lead the company into full production capacity of 20,000 tonnes per annum.
“We are very pleased at the progress of our purchase agreement with TODAQ and the coming completion of our processing facility at Aukam. We anticipate a long and successful business relationship with our partners at TODAQ” ~ President and CEO, Arno Brand
The Company will deliver TODAQ’s Product to an onsite warehouse beginning in November 2020, to fill the first three purchase orders totalling 1800 tonnes. Concurrent with the first delivery, both companies will be working together to implement an interoperable, transparent supply chain tracking solution powered by TODA for graphite along its entire lifecycle. The end goal is to provide the manufacturing, commodity trading or securitization markets a graphite digital asset that is fractionable, self-recording and self-validating with respect to its authenticity and provenance, and can be transacted peer to peer.
Gratomic wishes to emphasize that the supply of graphite pursuant to any off-take or supply agreement referred to in this Press Release is conditional on Gratomic being able to bring the Aukam project into a production phase, and for any graphite being produced to meet certain technical and mineralization requirements. Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of the Aukam project.
Presently the Company uses its existing pilot processing facility to produce certain amounts of graphite concentrate from accumulated surface graphite.
Risk Factors
No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.
The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.
Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.
Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.
About TODAQ
TODAQ is a technology company headquartered in Toronto, with offices throughout the globe, creating a new digitally-driven economic ecosystem that is intended to serve everyone. To date, the company has effectively partnered with enterprises, financial institutions, and governments as our primary customers. TODAQ has created a new Web 3.0 ‘Adot Browser Agent’ with integrated digital asset services. The browser agent provides seamless access to a level playing field for anyone to directly create, own, and trade unique digital assets.
TODAQ has developed two new Web 3.0 protocols: a decentralized digital asset ownership management protocol; and a new internet application protocol. The first protocol is the TODA protocol, a distributed data architecture that allows for the creation, ownership management, and settlement of unique digital assets. Second is the Adot protocol, an internet application protocol that can use the existing internet transport and network layer (TCP/IP) to ensure mass interoperability of digital asset ownership and trade; analogous to what HTTP has done for two-way communication.
TDN is a digital asset designed to offer a global, long-term and stable economic utility that is seamless, borderless and can be used for a truly broad variety of economic and market use cases.
About Gratomic Inc.
Gratomic is an advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene-based components for a range of mass market products.
Gratomic holds a Joint Venture collaboration agreement with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.
Posted by AGORACOM-JC
at 9:13 AM on Thursday, May 21st, 2020
Recent interview with Ronni Stoerferle, Founding Affinity Advisory Board member and Rob Edwards, Affinity CEO regarding the strengthening gold market and the developments at Affinity’s Regal Project. Some good perspective on future potential of Affinity in this strengthening bull market.
Posted by AGORACOM-JC
at 12:40 PM on Wednesday, May 20th, 2020
SPONSOR: Else Nutrition Holdings Inc. (TSX-V: BABY)The award winning, plant-based nutrition company for small cap investors. The company has a $10,000,000 cash balance for US product launch In Q2 2020 with International agreements in Q3. Learn More
Baby food sector is neglecting infants’ nutritional needs, says start-up
By Oliver Morrison
UK baby foods are compromising infants’ health with excessive amount of sugar, according to Little Tummy – a start-up that hopes to disrupt the UK baby food sector with meals that it claims contains half the amount of fruit of sugar compared to many other brands.
Posted by AGORACOM
at 9:15 AM on Wednesday, May 20th, 2020
Sponsor: Affinity Metals Corp. (TSX-V: AFF) is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the drill ready Regal Property near Revelstoke, BC where Affinity Metals is making preparations for a spring drill program to test two large Z-TEM anomalies. Click Here for More Info
The current Gold to Silver ratio high is nearly 120
Precious metals have been on our radar for many months and, if you’ve been paying attention, you probably already know our research suggests Gold and Silver are one of the best investments you can make right now. Recently, we shared this article suggesting Gold would need to rally above our proprietary Fibonacci Price Amplitude Arc (GREEN Arc) level near $1745 before it would attempt a bigger upside price move. Additionally, just a few days ago we published this article suggesting Silver would begin to rally even faster than gold.
Today, both Gold and Silver are making bigger upside price moves with Silver up over 3% while Gold is up 1.3%. We believe this nearly 250% faster Silver advance may be the start of what we have been predicting for many months – an incredible parabolic upside price advance in BOTH Gold and Silver.
Earlier research by our team suggested that a set up would happen in Precious Metals where Silver began advancing much faster than Gold and that this move would likely prompt a downside move in the Gold to Silver Ratio targeting the 50 to 65 level. Our earlier research suggests when this move/setup begins, we could begin to experience a nearly 250% to 350% rally in gold, targeting $3750 or higher, and a 550% to 650% rally in Silver, targeting over $70, over a 12+ month span of time. This article, today, is alerting our readers that we believe this SETUP is happening right now and the upside rally in precious metals should begin to really accelerate over the next 5+ months.
Weekly Gold to Silver Ratio Chart
This Gold to Silver ratio chart (including GOLD and SILVER price levels) clearly illustrates what happens when the Gold to Silver ratio starts to collapse. In 2009, the BLUE Gold to Silver ratio level began to collapse from 85 to 32 – well over 50 points (58%). The current Gold to Silver ratio high is nearly 120. Another 58% collapse from that level would suggest the Gold to Silver ratio could fall to 50 (or further) which would indicate that both Gold and Silver could rally extensively throughout the next 12+ months.
Daily Gold Futures Chart
This Daily Gold chart highlights our proprietary Fibonacci Price Amplitude Arc system as well as our Fibonacci price modeling system. Our researchers believe once Gold rallies above the GREEN Arc, it should begin to skyrocket higher in a series of upside price advances over the next few months or longer. This 1.618 Fibonacci Price Amplitude Arc is acting as a strong resistance level currently. Once Gold breaks above this level, a big rally may take place in Gold – which will drive further a bigger rally in Silver.
Weekly Gold Futures Chart
This Weekly Gold chart shows you what we expect to see happen over the next 30 to 60 days. First, once Gold breaks the GREEN Arc level, a rally will take place driving Gold up to near $1999. Then, Gold prices should stall and rotated downward a bit – targeting the $1900 to $1920 level. After that, Gold will begin another upside price rally targeting $2100 or higher.
Ultimately, our upside price target for Gold is $3750 (many months into the future). Yet we continue to believe this move in precious metals could be one of the biggest and fastest upside price moves in over 100 years. We believe once this move really gets started, it will be almost impossible to accurately predict where the top will setup in Gold and Silver.
Weekly Silver Futures Chart
This Weekly Silver chart highlights the Pennant/FLAG formation that recently APEX’ed. We suggested this setup would prompt a fairly strong upside price move in Silver targeting the $21 to $22 – establishing a new price high. Just after the Apex completed, Silver stalled a bit before beginning a bigger upside move. We believe this is the start of a Parabolic upside price move in metals that should not be overlooked by skilled technical traders.
Concluding Thoughts:
If there is one thing you should understand about this setup and the potential for the future is that between 2008 and 2011, Gold rallied over 300% while Silver rallied over 600% just after the Credit Crisis event. The current COVID-19 global economic crisis is likely much bigger than the 2008-09 Credit Crisis event and that is why we believe this is an incredible opportunity for skilled technical investors.
