Posted by AGORACOM-JC
at 8:07 AM on Tuesday, December 18th, 2018
Tax loss selling season is upon us once again and you know what that means … George vs Allan Stock Picking Contest!! In this special episode, George and Allan give their Top 5 Tax Loss Selling Candidates (+ 1 Bonus Pick) that are most likely to provide a pop to their portfolios by January 30, 2019. There is a lot on the line in the wager between the two, with each providing completely different picks from the other and some great potential trades for viewers.
*NOTE – Due to a family emergency in February, Allan and I weren’t able to post our contest closing video with the results. However, the final results were as follows:
George + 40.2% (Winner)
Allan + 19.74%
Pretty damn good returns by both of us for 45 days!
Posted by AGORACOM-JC
at 6:19 PM on Monday, December 17th, 2018
Entered a commercial agreement with a Major Canadian Financial Institution to provide credit facilities that will give GLN access to an aggregate total of $11,250,000.
Included among the credit facilities is a $5,000,000 revolving line of credit to help support working capital as the company scales, and an acquisition line of credit to support company M&A strategies
VANCOUVER, Dec. 17, 2018 – Good Life Networks Inc. (“GLN“, or the “Company“) (TSXV: GOOD) (FSE: 4G5), a programmatic advertising technology company, today announced that it has entered a commercial agreement with a Major Canadian Financial Institution to provide credit facilities that will give GLN access to an aggregate total of $11,250,000. Included among the credit facilities is a $5,000,000 revolving line of credit to help support working capital as the company scales, and an acquisition line of credit to support company M&A strategies. Management plans to access funds from the acquisition line of credit to complete a recently announced acquisition.
“The credit facilities will help us meet our growth objectives while
maximizing shareholder value,” said GLN CEO Jesse Dylan. “We are
thrilled to be working with a Major Canadian Financial Institution now
and in the future as we continue to scale our business.”
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
The GLN Story GLN’s technology is the engine that
sits between advertisers and publishers. The GLN Platform is built for
cross device video advertising: Mobile, In-App, Desktop and CTV
(Connected Television). The Programmatic Video Marketing Platform is
powered by GLN’s Patent Pending proprietary machine learning technology
that targets and connects digital advertisers with consumers three times
faster than industry standards, with among the lowest fraud rates among
vendors without collecting PII (Personal Identifiable Information).
The Programmatic Video Technology Platform features integrations at
the server level with both Publishers and Advertisers. Our technology
quickly finds the most valuable advertisement for every consumer.
Publishers make more money through improved CPM (advertising fill rate)
combined with a more engaged consumer experience. Advertisers make more
money by reaching their target audience more effectively. GLN makes
money by retaining a percentage of the advertiser’s fee.
GLN is headquartered in Vancouver, Canada with offices
in the US and UK and trades on the TSX Venture Exchange under the stock
symbol “GOOD” and The Frankfurt Stock Exchange under the stock symbol
4G5.
Addressable Market: The total media ad spend worldwide will rise 7.4% to $628.63 billion
by this year, according to “Global Ad Spending: The eMarketer Forecast
for 2018.” By 2020, digital’s share of total advertising will near 50%.
Forward Looking Statements: Forward-looking
statements relate to future events or future performance and reflect the
expectations or beliefs regarding future events of management of GLN.
This information and these statements, referred to herein as
“forwardâ€looking statements”, are not historical facts, are made as of
the date of this news release and include without limitation, statements
regarding discussions of future plans, estimates and forecasts and
statements as to management’s expectations and intentions with respect
to the performance of the company. These statements generally can be
identified by use of forward-looking words such as “may”, “will”,
“expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue”
or the negative thereof or similar variations. These forwardâ€looking
statements involve numerous risks and uncertainties and actual results
might differ materially from results suggested in any forward-looking
statements. Important factors that may cause actual results to vary
include without limitation, risks relating to the digital advertising
industry and general economic conditions, success of acquisitions and
any growth strategies implemented utilizing the noted debt instrument.
In making the forwardâ€looking statements in this news release, the
Company has applied several material assumptions, including without
limitation that any acquisitions and corporate directives and
initiatives will be successfully completed in the time expected by
management and produce the desired results, generate the anticipated
revenue and expand GLN’s global reach per management’s expectations. GLN
does not assume any obligation to update the forward-looking
statements, or to update the reasons why actual results could differ
from those reflected in the forward looking-statements, other than as
required by applicable securities laws. Additional information
identifying risks and uncertainties is contained in GLN’s filings with
the Canadian securities regulators, which filings are available at www.sedar.com.
Posted by AGORACOM-JC
at 4:45 PM on Monday, December 17th, 2018
Announced today that it intends to complete a non-brokered private placement financing for gross proceeds up to $3,045,000, by issuing 5,250,000 Units at a price of $0.85 per Unit for which it has received conditional approval from the TSXV.
“The timing of this financing may seem a bit unusual given recent press releases,†said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “However, management decided to take advantage of this proposal given the opportunities before us, all of which we expect will become much clearer within the next 3 weeks.â€
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, Dec. 17, 2018 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF), a TSX Venture 50® high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it intends to complete a non-brokered private placement financing (the “Offering”) for gross proceeds up to $3,045,000, by issuing 5,250,000 Units at a price of $0.85 per Unit for which it has received conditional approval from the TSXV.
“The timing of this financing may seem a bit unusual given recent
press releases,†said Mr. P. Peter Pascali, President and CEO of
PyroGenesis. “However, management decided to take advantage of this
proposal given the opportunities before us, all of which we expect will
become much clearer within the next 3 weeks.â€
Each Unit will consist of one common share in the capital of the
Company and one full common share purchase warrant (“Unit Warrantâ€),
each full Unit Warrant entitling the holder to acquire one common share
of the Company at a price of $0.85 until December 18th, 2020.
The Corporation will pay a finder’s fee of 7% on a portion of the
proceeds of this Private Placement. The Corporation will not issue any
finder’s compensation warrants in connection with this Private
Placement.
The proceeds from the Private Placement will be used by the Corporation for general corporate purposes.
The Private Placement is subject to the final approval of the TSX
Venture Exchange (“TSXVâ€) as well as other customary closing conditions.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in the United
States. The securities have not been and will not be registered under
the United States Securities of 1933, as amended, or any state
securities laws and may not be offered or sold within the United States,
unless an exemption from such registration is available.
PyroGenesis Canada Inc., a TSX Venture 50® high-tech company, is the
world leader in the design, development, manufacture and
commercialization of advanced plasma processes and products. We provide
engineering and manufacturing expertise, cutting-edge contract research,
as well as turnkey process equipment packages to the defense,
metallurgical, mining, advanced materials (including 3D printing), oil
& gas, and environmental industries. With a team of experienced
engineers, scientists and technicians working out of our Montreal office
and our 3,800 m2 manufacturing facility, PyroGenesis maintains its
competitive advantage by remaining at the forefront of technology
development and commercialization. Our core competencies allow
PyroGenesis to lead the way in providing innovative plasma torches,
plasma waste processes, high-temperature metallurgical processes, and
engineering services to the global marketplace. Our operations are ISO
9001:2015 certified, and have been since 1997. PyroGenesis is a
publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker
Symbol: PYR) and on the OTCQB Marketplace. For more information, please
visit www.pyrogenesis.com
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward- looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Corporation’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Corporation with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Corporation’s ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual
results, events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Corporation undertakes no obligation to publicly update
or revise any forward- looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
Neither the TSX Venture Exchange, its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) nor the OTCQB accepts responsibility for the adequacy or
accuracy of this press release.
Posted by AGORACOM-JC
at 3:56 PM on Monday, December 17th, 2018
Pursuant to the Plan of Arrangement and the Arrangement with Beauce Gold Fields Inc. (BGF)
HPQ declares the special dividends stemming therefrom and that December 24, 2018 will be the Record Date for the distribution and the dividends consist of 10,680,000 Beauce Gold Fields common shares.
MONTREAL, Dec. 17, 2018 — HPQ Silicon Resources Inc (“HPQâ€) (TSX Venture: HPQ) is pleased to inform shareholders that, pursuant to the Plan of Arrangement and the Arrangement with Beauce Gold Fields Inc. (BGF), HPQ declares the special dividends stemming therefrom and that December 24, 2018 will be the Record Date for the distribution and the dividends consist of 10,680,000 Beauce Gold Fields common shares.
Only shareholders of record as at the share distribution record date
will be entitled to receive the share dividends. Shareholders of record
on that date will receive one share of BGF, for 0.0480466 shares they
own of HPQ, the dividend per share ratio is subject to adjustment based
on the number of shares of HPQ to be issued until the record date.
December 31, 2018 would be the expected payment date. Fractional shares
of BGF will be rounded down to the nearest whole number. Shareholders
who sell their HPQ shares prior to the share distribution record date
will not be entitled to receive shares of BGF. BGF confirms the
definitive and unconditional closing of the plan of arrangement and BGF
Private Placement of $550,000 announced on December 12, 2018.
Distribution Details:
Accordingly, HPQ will distribute 10,680,000 BGF shares to
it’s shareholders on a pro rata basis of 0.0480466 shares for every HPQ
shares they own hold as of close of business on the record date.
Issuer Name:
HPQ-Silicon Resources Inc.
Declaration Date:
December 17, 2018
Security Symbol
TSX-Venture Exchange: HPQ
Type of Security:
Common Shares
Type of Dividend:
Special Dividend distribution of BGF Shares
Record Date:
December 24, 2018
Ex-Distribution Date:
December 21, 2018
Payable Date:
December 31, 2018
The Company will announce the Listing Date of BGF shares on the
Venture Exchange as soon as it receives confirmation form the Exchange.
About Beauce Gold Fields
BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold
assets were transferred. Subject to approval by TSX-V, HPQ is in the
process of listing BGF as a new public junior gold company., following
the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of
the proposed terms of the plan of arrangement.
The Beauce Gold Fields project is a unique, historically prolific
gold property located in the municipality of Saint-Simon-les-Mines in
the Beauce region of Southern Quebec. Comprising of a block of 152
claims 100% owned by HPQ, the project area hosts a six kilometre long
unconsolidated gold-bearing sedimentary unit (a lower saprolite and an
upper brown diamictite). Textural observations (angularity) of gold
nuggets suggest a relatively proximal source and therefore a short
transport distance. The gold in saprolite indicates a close proximity to
a bedrock source of gold, providing possible further exploration
discoveries. The property was also hosts numerous historical gold mines
that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).
HPQ Silicon Resources Inc. is a TSX-V listed resource company
planning to become a vertically integrated and diversified High Purity,
Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi
and monocrystalline solar cells of the P and N types, required for
production of high performance photovoltaic conversion.
HPQ’s goal is to develop, in collaboration with industry leaders,
PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their
fields of interest, the innovative PUREVAPTM “Quartz Reduction Reactors
(QRR)â€, a truly 2.0 Carbothermic process (patent pending), which will
permit the transformation and purification of quartz (SiO2) into high
purity silicon metal (Si) in one step and reduce by a factor of at least
two-thirds (2/3) the costs associated with the transformation of quartz
(SiO2) into SoG Si. The pilot plant equipment that will validate the
commercial potential of the process is on schedule to start mid-2019.
Disclaimers:
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward-looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Company’s current expectation and assumptions, and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Company with respect to future events and are subject to certain risks
and uncertainties and other risks detailed from time-to-time in the
Company’s on-going filings with the securities regulatory authorities,
which filings can be found at www.sedar.com. Actual
results, events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Company undertakes no obligation to publicly update or
revise any forward-looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further information contact
Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011 Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239 www.HPQSilicon.com
Posted by AGORACOM-JC
at 11:08 AM on Monday, December 17th, 2018
PEEK: TSX-V
WHAT IS PEEKS?
Peeks
is a live streaming platform where people can interact and transact in
real time by sending cash tips as appreciation for content and or
selling goods and services to their live viewers.
HIGHLIGHTS
The Peeks Social platform generated gross revenue of $2.1 million during Q2 2019, up from $1.3 million during Q2 2018;
User
sessions were 6.50 million for the three months ended August 31, 2018,
as compared to 4.63 million for the three months ended August 31, 2017
(and as compared to 6.20 million for the three months ended May 31,
2018).
The Shifting landscape
Digital marketing spend is projected to grow from $57.3B USD in 2014 to $103.4B USD in 2019
Viewers spend 8x longer with live video than on demand: 42.8 min vs. 5.1 min      Â
Live video is outpacing growth of other types of online video with 113% increase in add growth yearly  Â
100,000,000 internet users watch online video everyday
By 2019 online video will be responsible for 80% of global internet traffic.
In the U.S. online video will be responsible for 85% of domestic US traffic
Posted by AGORACOM-JC
at 10:34 AM on Monday, December 17th, 2018
SPONSOR: Esports Entertainment $GMBL – Esports audience is 350M, growing to 590M, Esports wagering is projected at $23 BILLION by 2020. The company has launched VIE.gg esports betting platform and has accelerated affiliate marketing agreements with an additional 42 Esports teams, bringing total to 176 Esports teams. Click here for more information.
Esports as an industry is poised for a healthy growth over the next three years.
A survey has predicted a 5.3% growth rate for the Asian eSports market, while in the middle east the growth will be as high as 9.4%.
Referring to inputs from the “Unlocking
potential: The eSports Rrevolution in India†segment at the Times of
India Global Sports Show, indiantelevision.co has
reported that the state of eSports industry over the next three to five
years is estimated to grow by 5.3% in Asia and 9.4% in Middle East and
Africa, according to PwC Sports Survey 2018.
The growth is attributed to the factors
like the improved internet speed, smartphone penetration, government
digital push and highest youth population. The factors put together put
eSports in India in the right territory for growth. Voot, Hotstar,
Youtube and Twitch are keeping the eSports’ passionate new generation
engage
“Once you have a large enough mass in a
region or a country then I would think it’s a matter of time to really
become big. The three things we can do from our side to make it really
popular are the infrastructure, devices and data where people can play
and watch others play,†the website has quoted Tencent GM Aneesh Arvind,
as saying.
Tencent’s sensational PlayerUnknown’s Battleground’s (PUBG) Mobile game, a phenomenon with young generation in India, has crossed 100 million downloads.
“We have such a large player base in India
that all the assumptions we used to have in the gaming industry doesn’t
hold true anymore. We have built the game and the ecosystem around it by
doing TV commercials, advertisement in different media, got influencers
on board,†Arvind added.
According to Tencent, Esports is a video
game, which is played competitively with rewards attached to it and an
ecosystem where people are ready to watch that.
Esports for the first time became a part of
a major sporting event in 2018 Asian Games Jakarta as a demonstration
sports. This was announced by Asian Esports Federation (AESF). 10 Indian
Gamers had qualified for the event.
The eSports market size this year is
supposed to be $900 million, which is likely to reach $3 billion by
2021. “We as the eSports industry are trying to figure out ways in which
we can grow and models of monetisation,†Arvind added.
“I think for us it is an investment time.
As a company which is building IPs we are very clear that for the next
3-5 year time frame we have to invest in the fan base, create the
infrastructure getting the right stakeholder and the right federations,â€
opines Nodwin Gaming MD Akshat Rathee.
“We are the only sport in the world which
is not run by the federation because the publisher owns the trademark of
the game,†Rathee concluded.
According to UK-based Juniper Research, the
advertising spend will dominate in terms of revenue and spend
(accounting for 50 per cent in 2022).
Posted by AGORACOM-JC
at 10:18 AM on Monday, December 17th, 2018
Announced today that it received a purchase order to provide specialty metal powder from a government entity, the name, origin, amount, and type of powder are not permitted to be disclosed.
This order will require PyroGenesis to produce specialty reactive metal powder using its plasma atomization expertise
The Client intends to qualify this powder for undisclosed purposes.
MONTREAL, Dec. 17, 2018 — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF), a TSX Venture 50® high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) a Company that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today that it received a purchase order to provide specialty metal powder from a government entity (the “Clientâ€), the name, origin, amount, and type of powder are not permitted to be disclosed.
This order will require PyroGenesis to produce specialty reactive metal powder using its plasma atomization expertise. The Client intends to qualify this powder for undisclosed purposes.
First delivery is expected to occur Q1 2019. It is expected that,
upon successful qualification, follow-on orders would be anticipated.
“Although small, under 1 ton, this commercial order reinforces the
fact that we are, once again, the go-to Company for an entity that has,
at its fingertips, many options. Not only does this opportunity allows
us to expand our powder offerings but it also creates a potentially high
value niche market, which, once again, highlights our competitive
advantages,†said Mr. P. Peter Pascali, President and CEO of
PyroGenesis. “This order is clearly a recognition of PyroGenesis’
strengths as an innovative plasma Company, and further underscores our
position, and value, to the Additive Manufacturing industry.â€
PyroGenesis Canada Inc., a TSX Venture 50® high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward- looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Corporation’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Corporation with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Corporation’s ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual
results, events, and performance may differ materially. Readers are
cautioned not to place undue reliance on these forward-looking
statements. The Corporation undertakes no obligation to publicly update
or revise any forward- looking statements either as a result of new
information, future events or otherwise, except as required by
applicable securities laws.
Neither the TSX Venture Exchange, its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
nor the OTCQB accepts responsibility for the adequacy or accuracy of
this press release.
Posted by AGORACOM-JC
at 9:16 AM on Monday, December 17th, 2018
SPONSOR:Â New Age Metals Inc. (TSX-V: NAM) The company’s new Lithium Division has already made significant acquisitions in Canada and the USA. The company also owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. The property hosts M+I 4,626,250 Palladium Equivalent Ounces. Click here for more information
——————–
Palladium is one of the best-performing commodities of 2018.
Its price has surged more than 50% in the past four months.Tiffany Hsu
Palladium inside a catalytic converter at Alpha Recycling in the
Bronx, New York City. Palladium, a silvery-white metal, used in cars and
sometimes jewellery, has topped gold in commodities trading for the
last three days.
PHOTO: NYTIMES
GOLD was long the most valuable of precious metals until, suddenly,
it wasn’t. Last week, an obscure and far less sexy rival called
palladium swung ahead, for the first time in 16 years. Gold briefly
retook the lead, but spot palladium prices have beaten out gold prices
for the past three days. Palladium hit a record high on Wednesday before
settling in at US$1,255.12 an ounce at the market close in London on
Thursday, according to data from SP Angel, an investment research firm.
Gold was US$1,243.02 an ounce.
It is an impressive dethroning aided by economic shifts,
antipollution legislation, union campaigns by mine workers and global
trade negotiations. Until recently, palladium was perhaps best known for
sharing a name with several popular entertainment venues and for
powering the fictional arc reactor mechanism hooked up to Iron Man’s
heart.
Its primary purpose is far less glamorous: More than 80 per cent of
the world’s palladium is used in the catalytic converters that help
vehicles manage their pollutant output.
Palladium is one of the best-performing commodities of 2018. Its
price has surged more than 50 per cent in the past four months. Some
dealers have sold out of the metal.
For at least the near future, palladium will most likely remain in
high demand and short supply, experts said. Here, we explain how a metal
usually ignored in favour of gold, silver and platinum has recently
eclipsed them all.
What is palladium?
A cousin of platinum and traditionally much less expensive, palladium
is part of a family of metals known as the “noble metals” because they
resist corrosion and oxidation. Palladium was discovered in the early
1800s by William Hyde Wollaston, a British scientist. It was named after
Pallas, a recently identified asteroid. Silvery-white and durable, the
metal is used in surgical instruments, dental alloys and in cellphones
and other electronics.
Jewellers like Jenny Windler in Berkeley, California, sometimes use
it because it is hypoallergenic and “not too fussy to work with”, she
said. Palladium was also less expensive than other precious metals like
gold or platinum. In the past few months, palladium men’s rings have
been among the most popular search terms on her online store, Ms Windler
revealed. But she uses the metal in less than 10 per cent of her
products.
Recently, Ms Windler was buying platinum online and noticed a price
chart that listed palladium as more expensive. “I thought: ‘That can’t
be right; it must be some kind of typo,'” she said.
Increasing efforts to regulate tailpipe emissions in the 1970s paved
the way for palladium’s gradual popularity. The metal, along with
platinum and rhodium, helps keep toxic exhaust in check by reacting with
carbon monoxide, hydrocarbons and nitrogen oxide to make them less
harmful. For decades, palladium has been a major, but largely unseen,
component of cars.
A shift away from diesel vehicles, whose catalytic converters rely
more heavily on platinum, has intensified the demand for palladium,
especially in Europe. Sales of petrol-fuelled cars had surged for
several years until this year. Tighter emissions regulations have led
automakers to use more palladium.
Demand for the metal for catalysts will reach a record high of 8.5
million ounces this year, according to the consulting firm Metals Focus.
But car sales are beginning to soften. In the United States, drivers
are keeping their cars longer and, faced with rising interest rates, are
hesitating to replace them. US President Donald Trump is pushing ahead
with his proposal to significantly roll back emissions rules for cars
and light trucks.
In China, demand for palladium could be tempered by worries about the
slowing economy, tariffs by the Trump administration and curbs on
lending to consumers. “That’s collectively weighing on demand for new
cars,” said Rohit Savant, the director of research at the commodities
research firm CPM Group.
Tight supply
Palladium is extremely rare, mostly generated as a byproduct of
platinum mined in South Africa and nickel mined in Russia. Palladium’s
price spiked in the early 2000s in reaction to disruptions in supply
from Russia and increased interest in catalytic converters.
Demand for palladium has steadily increased for eight years and is
expected to outstrip supply by 1.2 million ounces in 2018, and Metals
Focus has forecast “further, sizable deficits to come”. As supply
tightens, palladium’s price has climbed.
In South Africa, contentious wage negotiations with miners and
complaints about hazardous working conditions have resulted in strikes
that have sometimes stymied production. Many mining companies are loaded
with debt and trying to cut costs.
Mining more palladium requires more platinum mining. But diesel’s
decline, exacerbated by the emissions cheating scandal that engulfed
Volkswagen in 2015, has depressed platinum prices.
Even as the prices for most other metals struggled this year,
palladium hit high after high. Experts expect it to stay elevated for at
least a few months. But coming investments by mining companies and
shifts in clean-air technology could cause the price to slip.
In Russia, the Norilsk Nickel mining giant indicated this week that
it would spend more than US$12 billion to raise production during the
next five years. The company is the world’s largest producer of
palladium.
Investors might move into gold and other safe-haven assets as they
digest predictions of slowing global growth, the roiling equities market
and the fading effects of last year’s tax cuts in the US, analysts
said. NYTIMES
Posted by AGORACOM
at 12:06 PM on Saturday, December 15th, 2018
Phase 1 Drilling Identified 4 Epithermal Veins -3 Have Demonstrated Greater Thickness at Depth:
AGT-02 Tabasquena intersected 19m of core and is discovery hole of 1.7m of 9.64g/t gold in first 10 metres assayed.
AGT-03 La Nina (OxideZone)
La Chiquita – 4.70m Intersection from (109.25 to 113.95) in AGT-04
AGT-04 Intersected new Vein Yaki for 0.8m, crosscutting La Chiquita vein for 4.70m,the Tabasquena vein for 10 metres in the oxide zone & the La Nina vein for 11m (129-140m depth)
Phase 2 Drilling Identified 30 new Epithermal veins in 2 drill holes
FULL DISCLOSURE: Advance Gold is an advertising client of AGORA Internet Relations Corp.
Posted in Advance Gold, All Recent Posts | Comments Off on CLIENT FEATURE: Advance Gold ( AAX.TSX) Discovery Hole at Tabasquena of 1.7m of 9.64g/t Gold
Posted by AGORACOM-JC
at 4:28 PM on Friday, December 14th, 2018
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————-
Fintech on Blockchain is fast disrupting the financial industry
The speed and scale of this disruption will mainly depend on the adoption of the new economy by the users
Fintech on Blockchain is fast disrupting the financial industry. The
speed and scale of this disruption will mainly depend on the adoption of
the new economy by the users. People have spoken, everyone is tired of
black boxes, we want to be the ones to determine how much we pay for the
transfer of information and finances between us.
Why long, expensive money/asset/information transfers with the
participation of several intermediaries through multi-layer systems? We
do not wait for days to send urgent mail across the world. We expect the
technology to work for us. Then why should we accept long lead times
for cross-border payments? Could it be a question of trust?
Perhaps, we still rely on traditional banks to provide consultancy,
security or dispute resolutions. We rely on banks to protect us to
ensure that the counterparty will meet obligations. Banks are seen by
government institutions, as guarantors for safeguarding our rights and
contract agreements.
But the problem remains; banks are slow at solving our problems and
this slows down the markets. Time costs money and, in order to
validate each other, we are paying huge commissions to third parties
for this process. Anonymity does not exist, yet we want to understand
that those who we deal with go through a clear verification procedure to
provide the legitimacy of transactions.
One interesting company which aims to offer change the way banking is done is Platio.
It claims to be one of the first fully licensed companies that aims to
provide the complete spectrum of services in its multi-asset banking
system. Platio’s function is banking as a service and its CFO, Irina
Berkon certainly has her ideas clear on where blockchain and fintech are
going.
“The future is in blockchainization and tokenization of the finance
industry. Blockchain is the most convenient environment in which AML
regulation can be applied. All transactions have trusted track records.
The wide spread of blockchain in the finance industry results in
self-regulation of the financial system and the best option for further
development, Berkon says.
Now, let’s not confuse blockchain with unregulated crypto
transactions. Legitimacy and regulation of all transactions is required.
As soon as the asset is converted into cash, regulation must kick in.
For people in their early and
mid-twenties, when reflecting on their parent’s life, though full of
admiration for putting up what they had to in order to get where they
wanted to go, feel that since tomorrow is never guaranteed, there is a
little more emphasis on living in the moment whilst still planning and
saving for the future.
The idea that a bank could be part of
that, instead of being the nightmare that they tend to be, with
inconvenient opening times and red tape galore is very intriguing. Now
when I previously stated that there is a bigger sense of carpe diem with
millenials, I do not mean in a frivolous way. Rather however they seem
to invest more in wellness.
Millennials would perhaps gladly
invest 20 minutes of their precious time into a TED talk, on the off
chance that it might inspire us or change our perspective. A criticism
aimed at forty-somethings like me would be that we will never bother to
listen to someone not known to be an expert on a subject, talk about it.
We would be full of questions like, “Why should I listen to him/her?â€
or “What does she/he know about anything?â€
Moreso in today’s world of social
media, where most of us seem so connected…but only on the surface, are
really quite lonely. Again the idea of emotionally connecting to a bank
is really quite radical. Moreover, a bank that goes the extra mile and
tries to connect you to like-minded individuals or a community even to
help them reach their full potential, their authentic self.
With other online banking apps and
systems, like Revolut being such a hit, clearly there is a huge gap in
the market that is yearning to be filled. Mazlow
is meant to help to foster excellence and help twenty-somethings reach
their full potential by not only being a bank, but also a mentor on
their journey through life. To embark with them on their personal
development journey.
Having been an entrepreneur from an
early age, initially in the Sports & Entertainment sectors and more
recently as an Ambassador for a Blockchain technology company, Mazlow
founder Kash Amini said that he came to realize that consumers are
looking for much more than just a product or service.
Mazlow founder Kash AminiMazlow
“What is missing from most
businesses, and particularly in finance, is a focus on authenticity and
an investment in aesthetics that will cultivate and foster an emotional
connection between the product or service and the ultimate end user, the
consumer themselvesâ€.
Mazlow claims to have pioneered the
theory of the hierarchy of needs, the pinnacle of every human’s life
being self-actualization – to be your own authentic self. They promise
to help people to become their authentic self by helping them grow their
community so they feel supported enough to succeed. Though it may seem
like a millennial’s dreamboat, we struggle to see how speeches and a
community can really lead to growth and so-called self-actualization.
Ever looking to the future, Mazlow
also gives users access to 5 cryptocurrencies – which is supposedly the
next big horizon in finance and banking. Designed by a veteran
entrepreneur, Mazlow is certainly promising and is definitely an
original idea however it remains to be seen whether they can actually
deliver on all that they pledge. A personal touch is certainly needed in
the cold world of banking but catering to the specific niche of
millennials may backfire altogether. After all, everyone wants to reach
their potential, however, whether financial health really could lead to
overall well being may be a bit of a stretch.
I am an established journalist with over 15 years of experience in
politics, economy and sports journalism. I have now specialized in
crypto and blockchain and have taken on several high profile jobs in
this space.
