Lomiko Metals Outlines 2020 Project Plan for La Loutre Flake Graphite Property in Quebec
(Vancouver, British-Columbia and Montreal, Quebec) February 5, 2020 –
Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the
“Companyâ€) is pleased to announce plans to move forward with assessment
and development of the La Loutre Property for 2020. The goals are as
follows:
1) Complete 100% Acquisition of the Property 2) Complete Metallurgy and Graphite Characterization 3) Complete a Technical Report in accordance with NI 43-101 Guidelines
A “technical report” means a report prepared and filed in accordance
with this Instrument and Form 43-101F1 Technical Report that includes,
in summary form, all material scientific and technical information in
respect of the subject property as of the effective date of the
technical report;
4) Complete Preliminary Economic Assessment (PEA) compliant with NI 43-101 Guidelines
PEA means a study, other than a pre-feasibility or feasibility study,
that includes an economic analysis of the potential viability of mineral
resources;
Further details regarding the plan will be released when consultants are assigned for each task.
Results from Drilling Program
Results from the 2019 program (see Table 1 below, and Figure 1) at the
Refractory Zone of the La Loutre graphite project (the “Projectâ€)
indicate considerable promise. A total of 21 holes were completed in
2019 on the Refractory Zone for a total of 2,985 metres. The Project is
owned by Lomiko (80%) and Quebec Precious Metals Corporation (20%).
The above-noted 2016 mineral resource does
not include the current results or the significant intercepts from the
Refractory Zone in 2016 which were as follows:
LL-16-01 – 7.74% Cg over 135.60 m including 16.81% Cg over 44.10 m LL-16-02 – 17.08% Cg over 22.30 m and 14.80% Cg over 15.10 m LL-16-03 – 14.56% Cg over 110.80 m
The next task is to complete a new resource estimate in compliance with NI 43-101 for the entire Project since the above-mentioned 2016 resource estimate including the 2016 and 2019 drilling at the Refractory Zone.
Posted by AGORACOM-JC
at 1:15 PM on Monday, February 10th, 2020
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mHealth Market Is Generating Revenue of $10.5 billion by 2020, at CAGR 33.5% Growth Rate
Global mHealth market was valued at $10.5 billion in 2014 and is expected to grow at a CAGR of 33.5% during 2015-2020.
Mobile health provides health service and information through mobile communication devices to address the health priorities and concerns. The advanced mobile and wireless technologies have transformed the face of healthcare services across the globe and are rendering the growth of mHealth market.
Moreover, the continued growth in coverage of mobile cellular networks, rapid advances in mobile technologies & applications, increasing lifestyle diseases and growing awareness among patient population in emerging economies, are some of the key factors fostering the growth of mHealth market. On contrary, the lower accuracy of the devices, technology’s infancy in middle and lower income economies, weak reimbursement coverage, uncertainty in government regulations in certain regions, and low adoption among ageing population is hampering the market growth to a certain extent.
The major chunk of mHealth devices market – i.e. ~71% – is
collectively commanded by BP monitors, blood glucose monitors and
cardiac monitors. The largest share of these monitors can be attributed
to increased affordability of mobile compatible devices, integration of
innovative technologies in monitoring devices and the increasing
lifestyle disease such as diabetes, stroke, COPD, ischemic heart to name
a few. Within mHealth services, diagnostic, monitoring and treatment
services collectively hold about 74% of the market. The rapid growth of
mHealth services market is attributed to rising government initiatives,
increasing mHealth awareness programs in underdeveloped regions etc.
Geographically,
North America and Europe constitute the two largest markets for mHealth
and collectively accounted for 67% of the market revenue in 2014. They
are expected to continue its hold on the global market throughout the
forecast period. Early adoption of innovative technology, large patient
population and high capacity to pay for services are some of the key
factors responsible for the growth of mHealth market in these regions.
However, the market outlook across developing economies is looking
favorable and strong owing to the increasing awareness of chronic
diseases, favorable government regulations and increased healthcare
expenditure. Philips healthcare, Bayer Healthcare and Sanofi are some of
the key companies enjoying a strong foothold in mHealth market,
especially in Asian countries.
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Posted by AGORACOM-JC
at 12:45 PM on Monday, February 10th, 2020
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The Landscape Of Edtech: Mapping The Innovation Revamping Education In India
Over $1.8 Bn has been invested into Indian edtech startups from 2014 to 2019
The test prep segment has the highest capital inflow and the greatest demand in India
India’s tech economy growth has pushed the demand for skill development solutions
From classrooms to smart devices, the medium of education and learning in India has gone through a paradigm shift. With over 665 Mn
wireless internet subscribers (Q3 2019), India has seen a massive 14%
increase in the addressable base for internet services in just one year.
This rate of adoption has meant great things for startups and digital
products and services and has given rise to personalisation and
convenience when it comes to the school curriculum and off-classroom
learning.
The growing popularity of online learning has provided a major push
to two of the top subsectors in the edtech market— test preparation
(from K-12 to entrance exams) and online certification. To put this into
perspective, between 2014 to 2019, startups in test prep and online
certification startups earned a whopping 88% ($1.6 Bn) of the total
capital inflow in edtech.
The skewness in funding and investor interest for test prep and
online certification startups is in line with the prevalence of the
grades-first mentality in the Indian market as well as the need for
skilled tech labour. These products are highly in demand in the Indian
market because they mirror the traditional climb up the education ladder
— preparation for exams and getting the right certificate for
employment.
Posted by AGORACOM-JC
at 12:10 PM on Monday, February 10th, 2020
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CBD’s Touted Therapeutic Benefits Help Loosen Regulatory Constraints
Global cannabidiol market is expected to reach USD 9.69 Billion by 2025 while registering a CAGR of 32.6% during the forecast period.
NEW YORK, Feb. 10, 2020 – Most regions that have approved medical cannabis typically see doctors prescribe CBD-based medications to their patients. CBD, or cannabidiol, is a derivative of the hemp plant, yet is unlike its counterpart, THC, which is derived from the marijuana plant. Nowadays, the FDA acknowledges that CBD can possibly become a legitimate alternative medical treatment to a number of traditional therapeutics, further highlight the health benefits associated with the compound. However, the agency is requiring researchers to provide more data on the efficacy of CBD in order for CBD to become an approved medicinal treatment, prompting them to conduct large-scale clinical trials. “As legislation expands rapidly worldwide, the volume of efficacy data is growing, as are legitimate clinical trial studies,” says Liam McGreevy, Chief Executive Officer of Ethnopharm, a European cannabis company specializing in genetics and distribution, “This data will enable us to better understand the effects of the various cannabinoids and terpenes, their synergistic effect and how their impact links to the individual’s genetics or biomarkers.
This data is key to understanding the most effective combinations and
strengths for various conditions, moving towards targeted personalized
medicines.” And according to data compiled by Grand View Research, the
global cannabidiol market is expected to reach USD 9.69 Billion
by 2025 while registering a CAGR of 32.6% during the forecast period.
Global Payout, Inc. (OTC: GOHE), Auxly Cannabis Group Inc. (OTC: CBWTF),
Puration Inc. (OTC: PURA), Green Organic Dutchman Holdings Ltd. (OTC:
TGODF), Liberty Health Sciences Inc (OTC: LHSIF)
As the cannabis industry continues to develop, lawmakers and federal
agencies are actively working towards expanding the market. Recently,
the U.S. Department of Agriculture (USDA) provided an update on its
interim final rule process for hemp. According to the USDA, hemp
production in the U.S. has seen a resurgence in the last five years;
however, it remains unclear whether consumer demand will meet the
supply. High prices for hemp, driven primarily by demand for use in
producing CBD, relative to other crops, have also driven increases in
planting. As such, producer interest in hemp production is largely
driven by the potential for high returns from sales of hemp flowers to
be processed into CBD oil.
And after extensive consultation with the Attorney General, the USDA
issued the following interim final rule to establish the domestic hemp
production program and to facilitate the production of hemp, as set
forth in the 2018 Farm Bill: The USDA upholds the 0.3% threshold as out
of its jurisdictional hands as written into the law. Furthermore, the
lack of remedies for testing noncompliance raised suggestions that
farmers be allowed to ship to processors who could remove the THC to
keep the crop viable. Another subject of worry was the requirement (as
described in the Federal Register) that laboratories be certified by the
Drug Enforcement Administration (DEA), and crops tested within 15 days
prior to harvest. Yet, by the end of January, only 44 labs existed to
support more than 16,000 licensed farmers. Accordingly, the industry
expects to remain bureaucratically constrained yet again after other
fundamental supply-chain bottlenecks limited output and producers’
ability to bring their crops to market.
Tags: CBD, Hemp, Marijuana, stocks, tsx, tsx-v Posted in PRIMO Nutraceuticals Inc. | Comments Off on PRIMO Nutraceuticals Inc. $PRMO.ca – #CBD’s Touted Therapeutic Benefits Help Loosen Regulatory Constraints $CROP.ca $VP.ca NF.ca $MCOA
Posted by AGORACOM
at 4:55 PM on Friday, February 7th, 2020
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Posted by AGORACOM
at 3:00 PM on Friday, February 7th, 2020
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Summary
The palladium market will remain tight and pressure prices higher.
Sibanye Gold with the Stillwater Mine has plunged back into SA.
The Aberdene palladium ETF and Canadian palladium juniors are the best proxies.
Palladium has been the best performing commodity in the past two
years or so, jumping over 100% and there is more to go. This palladium
bull market is much different than the last one. The bull market from
1997 to 2000 was about 3 years and then palladium dropped giving up most
of the gains in less than a year. There was a nice bump up from the
2008 crisis and then the price traded sideways for several years. The
price bottomed at the end of 2015 with the severe bear market in
precious metals. Since then, the price has been going steadily higher
with a major break out in 2016. This bull market is not going to end
anytime soon for the reasons below.
Palladium is mostly used in the auto industry for pollution control
with catalytic converters. Electric vehicles will be a long time coming
to replace any significant amount of gasoline/diesel driven vehicles.
Meanwhile, pollution standards are being tightened that will keep demand
high. China has been gobbling up palladium since their China 5
pollution standards took effect in 2013. China 6 will now be coming into effect that will increase loads per vehicle of palladium. Many analysts have been commenting that China has been secretly stock piling the metal and is driving prices.
Palladium demand by Sector
There is no doubt the demand will remain strong, but the real
story is on the supply side. This next graphic illustrates the supply
deficit since 2016.
It is obvious to expect an increased demand from China as pollution regulations are tightened with ‘China 6’.
This next graphic of global mine production is very important because of the palladium supply is in a very unstable region.
The Russian supply from Norilsk Nickel has always been quite stable
and is of no concern, but as investors, we cannot participate there.
South Africa is the other big producer and that country is becoming very
unstable and more worrisome, that is where most of the future reserves
are.
The world’s largest PMG reserves are in South Africa, precisely in
the Bushveld Complex (in the central-Northern part of the country) which
alone accounts for about 50% of the world’s palladium resources, but,
overall, South Africa has reserves of 63 million kilograms which
represent over 91% of the worldwide availability.
South African (SA) mines have always been plagued with labour issues,
strikes, and high costs. To make matters worse, the country is now
facing an energy crisis with rolling blackouts shutting down mines. The country will probably become much more unstable, with unemployment hitting 10-year highs.
Half of their youth are unemployed and the company that provides 95% of
the electricity (when it can) is reporting record financial losses.
This is a country teetering on the brink of chaos that will likely be
very disruptive to PGM mine supply. I am avoiding palladium and platinum investments there.
With all the issues in SA, Sibanye Gold (SBGL)
began diversifying out of the country and acquired the Stillwater PGM
mine in the US. That use to be my favourite stock to play palladium bull
markets. However, they jumped right back into the fray, acquiring
Lonmin in 2019, a struggling SA, PGM producer. They promptly cut 5,000
jobs at the mine and it now appears Sibanye is moving more into PGMs
from gold. According to what was released in the acquisition news,
Sibanye PGM production will increase from around 1.7M ounces per year
to 2.8M ounces/year. This compares to about 600,000 ounces/year at the
US Stillwater complex plus about 700,000 ounces produced through the
recycling unit, noted from the 2018 annual report.
SA PGM production was 627,991 ounces (this will increase significantly with Lonmin acquisition)
SA gold production was 344,752 ounces (this amount is well below normal because of mine strike)
US PGM production was 284,773 ounces
US PGM recycling was 421,450 ounces
The stock has done well with the rising palladium price, but at these
stock prices and the move back to SA, it has become too risky. I would
suggest selling at these prices.
To highlight risks further, the Q1 2019 financial report highlights a -63% decline in SA gold production in Q1 2019 compared to Q1 201 because of the labour strike. This news out on February 2nd
states that 19 attacks on SA gold facilities nearly doubled from last
year. On December 15, 2019, attackers took hostages and plundered the
smelting plant at Gold Fields Ltd.‘s South Deep mine. “Mining companies are being attacked by thugs and armed gangs and there is a lack of police response,” said Neal Froneman, CEO of Sibanye Gold Ltd., which repelled an attack on its Cooke mine two weeks ago. “It eventually has a knock-on impact into society, it’s lawlessness, it’s anarchy.”
There is the Aberdeen Standard Physical Palladium ETF Trust (PALL).
The investment objective of the Trust is for the Shares to reflect the
performance of the price of palladium, less the expenses of the Trust’s
operations. The ETF Trust physically holds palladium in JPMorgan vaults
in London and Zurich. PALL tracks the movements in palladium spot prices
fairly well and is the best direct exposure to palladium. Aberdeen
purchased the fund effective October 1, 2018, from ETF Securities. The
Aberdeen website is terrible, it just diverts you to something else they
are trying to sell. You can find some more info at etf.com.
One disadvantage, as a Trust it will often trade at a discount to NAV, so short term may not always reflect palladium movements precisely.
The chart of PALL reveals quite a jump in volume on the last rally. I
do not find this alarming, but shows it is really the first time the
palladium market has caught retail interest.
If we compare to the short-term chart on palladium below, it is easy
to see that PALL has tracked the palladium price very well. After a
needed correction, the price jumped higher on Monday. This is probably a
start to the next rally.
There is also Sprott Physical Platinum and Palladium Trust (SPPP), but it is split 50/50 between the two metals.
Canada is the third-largest producing country, so an obvious place to
look. A lot of the palladium production comes from major miners in the
Sudbury nickel/copper complex as a byproduct. Obviously, this is a good
area to look and there was an excellent proxy for investors called North
American Palladium that was operating the Lac Des Isles palladium mine.
Unfortunately, for us, investors, it was bought out last year by SA producer Implats.
The area had a number of discoveries back in the last bull market
around the year 2000, and I visited a number of those projects back
then. I believe the best one in this area is Canadian Palladium that acquired the East Bull project last year. There is also Palladium One that is not Canada but not in SA either.
Palladium One Mining (OTC:NKORF) – PGM project is in Finland.
Shares outstanding 111 million, 185 million fully diluted
Their LK project is located in north-central Finland, approximately
40 km north of the company’s exploration office in the town of
Taivalkoski. The property is 160 km (by road) east-southeast of
Rovaniemi and 190 km northeast of the port city of Oulu. Finland is a
very stable jurisdiction and has a viable mining sector.
The company is run by CEO/President, Derrick Weyrauch, CPA, CA who is
an experienced mining executive and corporate director. Mr. Weyrauch’s
background includes finance, risk management, corporate restructuring
and turnarounds, coupled with M&A strategy development, execution
and post transaction integration. He is the co-founder of Magna Mining
Corp. and is a former corporate director of a number of companies
including Eco Oro Minerals Corp., Jaguar Mining Inc., and Banro Corp.
and is a former CFO of Jaguar Mining Inc. and Andina Minerals Inc.
Currently, he is a non-executive director and at Cabral Gold Inc.
The LK Project is 100% owned by Palladium One Mining Inc.
Palladium One released a mineral resource estimate for the Kaukua deposit within the 100-per-cent-owned Lantinen Koillismaa (LK) project.
Highlights:
An optimized pit-constrained mineral resource, at a 0.3-g/t palladium cut-off;
635,600 PdEq (palladium equivalent) ounces of indicated resources grading 1.80 g/t PdEq contained in 11 million tonnes;
525,800 PdEq ounces of inferred resources grading 1.50 g/t PdEq contained in 11 million tonnes.
Significant potential exists to expand the historic Haukiaho
deposit along strike both to the east and west. For example, 1960s-era
historic drilling by Outokumpu about two km east of the historic 2013
Haukiaho inferred resource returned up to 36.36 m grading 0.20 per cent
Cu and 0.19 per cent Ni from 1.64 m to 38.00 m downhole in hole R692 (no
PGE analysis was conducted). Reconnaissance prospecting by Palladium
One in the vicinity of this historic drill hole returned up to 0.51 per
cent Cu, 0.33 per cent Ni, 0.19 g/t Pt, 0.56 g/t Pd and 0.21 g/t Au
(0.96 g/t PGE) (see press release dated Aug. 12, 2019). Palladium one
recently applied for the Haukiaho East reservation (see press release
date Sept. 5, 2019), which, if approved, the company would control about
24 km of the favourable Haukiaho basal contact.”
The company plans to conduct
a 75-line-kilometre induced polarization (IP) geophysical program,
along with a diamond drilling program of up to 5,000 metres, at the LK
project. Both drilling and geophysics contractor are expected to be
mandated soon.
The Tyko Ni-Cu-PGE project, i65km northeast of Marathon Ontario, Canada.
The Tyko project is an early stage, high sulphide tenor, nickel
focused project with recent drill hole intercepts returning up to 1.06 Ni over 6.22 m including 4.71% Ni over 0.87m in hole TK-16-010 (see press release dated June 8, 2016). On January 21, 2019, Palladium One reported prospecting samples with assay results of up to 0.74% Ni, 4.09% Cu, and 2.51g/t PGE
on the Tyko Nickel-Copper-PGE Property. This project has some
palladium, but if it is developed to a resource, it will be more like
the Sudbury copper and nickel mines with PGMs as a byproduct.
The company is well financed, closing a C$3,786,180 private placement
at C$0.06 per unit issuing 63,102,999 units. Eric Sprott took down
20,000,000 units. While funding is required, this is quite a bit of
dilution.
Currently, the stock is priced around $0.18 so all the warrants and
options are well in the money. So is appropriate to use the fully
diluted shares outstanding for valuation.
Market cap – $20 million. Market cap fully diluted Cdn $33.3 million
Subtracting $3.8 million financing from the market cap, it values
their 635,600 PdEq indicated resource at C$25 per ounce and fully
diluted at C$46 per ounce. This is a quite low valuation.
The stock mostly trades on the TSXV symbol (PDM), so I used the C$
chart. Support is around 16 cents and 12.5 cents. If 16 cents holds, the
stock could begin a leg higher.
Canadian Palladium
Shares outstanding 100.3 million approx.
All warrants and options are at 30 cents and higher.
What I consider one of the most important highlights is the company
is run by Wayne Tisdale. In the last 10 years, he has advanced three
juniors and sold them for large profits for their shareholders. He
helped start and finance the Rainy River project which was sold to NewGold in 2013 for $310 million. He developed US Cobalt and, in 2018, sold it to First Cobalt in a transaction worth $150 million to his shareholders’ delight. Going back further, he helped finance oil & gas company Ryland Oil that was bought out by Crescent Point in 2010 for a $121.8 million
valuation. Mr. Tisdale has a keen eye to find projects that can quickly
be advanced further to make them prime acquisition targets. Canadian
Palladium only has a market value now of about C$20 million, and I have
little doubt that Mr. Tisdale is going to do it again with Canadian Palladium.
Highlights:
Company run by Wayne Tisdale
Low market valuation – C$31 per ounce
East Bull with 43-101, 523,000 inferred palladium equivalent resource
East Bull can open to depth and along strike
Widely spaced drilling only needs infill drilling to upgrade and expand resource
Close to Sudbury complex where ore can be processed
Projects – East Bull, Ontario Canada
East Bull was drilled by Freewest and Mustang Minerals back in the
2000 era and now has a 43-101, 523,000 ounces inferred palladium
equivalent resource. A private company, Pavey Ark Minerals had the
property and in 2017 they twinned old drill holes and completed the work
to bring the project to 43-101 standards. Canadian Palladium (formerly
21C Metals) acquired a 100% option on the project last February.
This graphic from their presentation is a good summary and shows the location
In the 1999, 2000 period, Freewest drilled 27 holes for a total of
2,902 meters and carried out extensive surface trenching. Work by
Mustang on the eastern part of the Property (claim 1227910) included 11
drill holes for a total of 1,766 meters. The work by Freewest and
Mustang forms the majority of the data for the current resource
estimate. Additionally, Pavey Ark reviewed and re-sampled drill core
from the 27 BQ and NQ holes from the Freewest drilling program. Pavey
Ark’s exploration results in 2017 included;
hole EB17-01 that intersected 12.0 m at 2.87 g/t PGM+Au, 0.23% Cu and 0.13% Ni and
hole EB17-03 that intersected 7.0 m of 3.21 g/t PGM+Au, 0.16% Cu and 0.07% Ni.
(Note: Au = gold, Cu = copper, and Ni = nickel.)
In 2019, BULL completed their initial exploration program at East Bull and reported results Sept. 17, 2019.
These are highlights from the first sampling program on the East Bull
palladium project and field program on the Agnew Lake project:
Seventy-three grab samples were selected to help identify the
palladium-bearing rock types of the mineralized trend. Grab samples are
used to determine the presence mineralization and may not be indicative
of the overall grade of the zone
Sampling successfully defined locations for channel sampling and the
higher grades could indicate potential zones within the mineralized
zone for higher-grade starter pits
Range of palladium assay sample results were 37 samples below 0.1
g/t palladium, 17 between 0.1 and 0.5 g/t with 14 above 1 g/t. Nine of
these ran between 2 and 6.5 g/t
Geological mapping and review of the Freewest diamond drilling in
2000, indicates the northeast-trending faults are composed of multiple
intrusions of mafic to diabase dikes. Left lateral movement on the dikes
is measured to be up to 100 metres
This graphic gives a good snapshot of the current resource and
expansion potential. Mineralization starts at surface and the system
appears to be about 30 meters wide. This would be an open-pit operation.
Agnew Lake property
It is located 80 kms. west of Sudbury, Ont., home of Glencore and
Vale’s Canadian nickel-copper-platinum-group-elements mining and
smelting operations. The Agnew Lake property comprises over 260 claims
(about 6,000 hectares) and is part of the larger East Bull Lake-Agnew
Lake mafic-ultramafic complex.
The Agnew Lake magmas have major element compositions that are very
similar to the model parent liquids proposed for the mafic portions of
the Stillwater and Bushveld complexes. The Agnew intrusion and the East
Bull Lake intrusion are also considered to host significant PGE-Cu-Ni
mineralization in marginal rock units (Peck & James, 1990; Peck et
al., 1993a, 1993b, 1995; Vogel et al., 1997).
Financial/Summary
Last financial statements show just over $400,000 cash. The company
just closed a $4 million financing at 12 cents per share. Eric Sprott
bought 12.5 million shares of that financing.
Wayne Tisdale has been successful in financing and increasing the
value of properties and dealing them off for large profits. I believe he
will do it again and also has a loyal following of shareholders from
his past success. BULL just acquired the property last year and there
has been little exploration and no drilling so it has been under the
radar until the recent financing. The discovery is on the surface, so
will be cheap to mine and is close to the Sudbury complex where refiners
can recover PGMs. There is a couple other palladium exploration plays
in Canada, but they are mostly old stale stories and I believe none have
the short-term potential that the East Bull project has.
The current market cap is $20.1 Million less the $4 million financing
gives an enterprise value of C$31 per ounce on their 523,000-ounce
Pd-eq inferred resource. Part of the reason for the low value is the
resource is only inferred. If drilling success starts to prove larger
potential and the resource moves up to the measured and indicated
category it could easily increase the value potential.
Only exploration news last year was sample results that came out last
September just when the junior market started heading south. The stock
made a decent move higher than just drifted lower until a typical
year-end bottom. The stock took off when it hit 12 cents on good volume.
This is when they began marketing a financing that was way
oversubscribed in one day. Probably spill over buying drove the stock up
to the 23-cent level. The stock then came back to support around 16
cents and bounced off higher. Drill news will likely cause the next move
higher with the old highs around 27 cents last year as the first major
resistance.
Conclusion
A recent update on palladium by TD Securities
highlights tightening emission controls and South Africa as I have, but
most interesting is the lack of speculative trading positions. TD
comments positions held by traders are below average. This rally has
room to move and if excessive speculation builds it could go way higher.
Regardless of whether palladium is $1,200 or $2,400 per ounce,
palladium discoveries and deposits will be worth premium valuations,
especially in stable jurisdictions. The potential for discoveries in
South Africa is very good but the political risks are rising. Ivanhoe
Mines (OTCQX:IVPAF), Eastplats, and Platinum Group Metals (PLG)
have projects in SA, and if I had to pick one there, it would be
Platinum Group Metals because they have the most leverage to platinum
and palladium prices.
The best direct related investment to palladium is the PALL ETF, but
it does not offer any leverage. There are not any 2 times or 3 times
palladium ETFs. This leaves the best leverage to junior palladium
companies and there are few. I prefer those outside of SA like Canadian
Palladium and Palladium One. I prefer Canadian Palladium because of the
CEO’s track record, their resource is on surface, near PGM smelters and
likely cheaper exploration costs in Canada vs Finland. For
diversification, owning more than one palladium play is not a bad idea.
Disclosure: I am/we are long DCNNF. I wrote
this article myself, and it expresses my own opinions. I am not
receiving compensation for it (other than from Seeking Alpha). I have no
business relationship with any company whose stock is mentioned in this
article.
Additional disclosure: Canadian Palladium is a paid advertiser at affiliate playstocks.net
Posted by AGORACOM
at 1:45 PM on Friday, February 7th, 2020
SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% 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
Electric vans charge at a warehouse
of the German postal and logistics service Deutsche Post near Frankfurt
in July 2018. Fleet vehicles are increasingly going electric in Europe
and China, and some analysts say American fleets will be following suit.
As electric cars grow in popularity and visibility, experts say a revolution is coming in a place most people overlook: corporate and municipal fleets.
The scooter company Lime is the latest firm to announce
that it plans to completely remove gas- and diesel-powered vehicles
from its fleet and power its new electric work vehicles with renewable
energy.
Lime is famous, of course, for electric vehicles — the small battery-powered scooters
that have popped up on sidewalks across the United States. And as the
world’s largest scooter company, it promotes itself as an eco-friendly
alternative to driving. But so far, some gas-guzzling is still involved
behind the scenes.
“All of our scooters and e-bikes are already electric, already
powered by renewables,” says Andrew Savage, the head of sustainability
at Lime. “We’re going to take the vans and the vehicles used to manage
those programs and transition those to zero emissions as well.”
Lime’s fleet isn’t large — a few hundred vehicles for now. But the company is not alone in plotting the switch.
Lime, along with companies like Ikea and Unilever, is joining the EV100 initiative
to commit to an all-electric fleet. Other large companies, such as DHL,
Amazon and AT&T, have committed to “accelerating” the transition to
electric fleet vehicles.
Millions of fleet vehicles are on the road — everything from delivery
trucks and maintenance vans to police cars and school buses. Right now,
less than 1% of those vehicles are electric, according to the research
firm Guidehouse (formerly known as Navigant).
But in a decade, the group predicts that 12% of fleet vehicles will
be plug-ins. That will mean a rise from about 2 million electric fleet
vehicles now to more than 70 million in 2030.
“Given the life span of vehicles … 12% [of the] population will
require a significant portion of new vehicles sold being plug-in
electric vehicles,” says Guidehouse’s Ted Walker.
Interest in sustainability will drive some of that growth. Companies
like Lime that market themselves as climate friendly or have made
climate pledges to investors and partners need to reduce the emissions
from their fleets in order to restrain emissions. And around the world —
particularly in Europe and China — government pressure is spurring
investment in electric vehicles of all types.
But there are other factors too. In some ways, selling electric
vehicles to companies is easier than selling one to an individual car
owner.
Consider the price. “Electric vehicles are going to have a higher
purchase price, but there’s a lower maintenance, lower fuel cost,”
Walker says. Where an individual might focus on the sticker shock, a
company is more likely to consider the lifetime cost of the vehicle.
Then there’s range anxiety. It takes longer to charge a battery than
to fill up a gas tank, and some people (particularly those who have
never owned or leased an electric vehicle) worry that they’ll go on a
long trip and run out of juice. The concern is common even for drivers
who very rarely drive long distances.
Fleet operators think differently; they know how far their cars go in a day, says Steve Burns, the CEO of Lordstown Motors. The Ohio startup is making a pickup truck specifically to sell to fleets.
“We are catering mostly to people that stay local — whether that’s a
florist, a landscaper, a police officer,” Burns says. “[Our truck] can
go 250 miles on a charge. Most of these type of folks go 60 or 70 miles a
day.”
There are some logistical challenges — fleet operators have to set up
charging infrastructure in their garages or parking lots, for instance.
But there’s another obstacle. Lordstown Motors’ truck, the Endurance,
isn’t available yet. No mass-production electric pickup has yet arrived
on the U.S. market. And in America, options for vans and other work
vehicles are similarly slim.
“It’s only a small handful, and the supply is actually quite constrained,” says Savage, of Lime.
So companies are expressing their interest in electric fleets partly
as a signal to automakers — that they need to catch up with demand.
Posted by AGORACOM
at 1:16 PM on Friday, February 7th, 2020
SPONSOR: Labrador Gold – Two successful gold
explorers lead the way in the Labrador gold rush targeting the
under-explored gold potential of the province. Exploration has already
outlined district scale gold on two projects, including a 40km strike
length of the Florence Lake greenstone belt, one of two greenstone belts
covered by the Hopedale Project. Click Here for More Info
Labrador Gold: District Scale Discovery Potential
First stage drilling on selected targets in 2020 at Hopedale
Large under-explored properties, including the major portion of two greenstone belts
Potential for discovery of new gold district(s)
Experienced exploration success in finding gold deposits (>17 million oz)
First mover advantage
Results of aggressive initial exploration programs already indicate district scale gold targets
Hopedale Project Highlights:
Discovered a new gold showing north of the Thurber Dog gold
occurrence, grab samples from which assayed between 1.67 and 8.26 g/t
Au.
The Thurber Dog gold occurrence has assays in grab and channel
samples from below detection up to 7.866 g/t Au, with 5 samples greater
than 1 g/t Au and 16 samples assaying greater than 0.1 g/t Au.
The discovery extends the potential strike length of gold mineralization by approximately 500 metres along strike to the north.
The new showing occurs within a larger 3km trend of anomalous gold
in rock and soil associated with the contact between mafic/ultramafic
volcanic rocks and felsic volcanic rocks.
Exploration at Hopedale during 2020 will focus on determining the
extent of the Thurber Dog mineralized trend. Such work would aim to fill
in the gaps between showings over the three-kilometre strike length
with sampling and VLF-EM surveys. LabGold also intends to carry out an
initial drill program targeting prospective areas along this trend,
including the new showing.
The Hopedale property covers much of the Hunt River and Florence
Lake greenstone belts that stretch over 80 km. The belts are typical of
greenstone belts around the world but have been underexplored by
comparison. Initial work by Labrador Gold during 2017 show gold
anomalies in soils and lake sediments over a 3 kilometre section of the
northern portion of the Florence Lake greenstone belt in the vicinity of
the known Thurber Dog gold showing where grab samples assayed up to
7.8g/t gold. In addition, anomalous gold in soil and lake sediment
samples occur over approximately 40 kilometres along the southern
section of the greenstone belt (see news release dated January 25th 2018
for more details). Labrador Gold now controls approximately 57km strike
length of the Florence Lake Greenstone Belt.
FULL DISCLOSURE: Labrador Gold is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM
at 2:03 PM on Thursday, February 6th, 2020
American Creek Resources Ltd. (TSXV: AMK) is positioned to take full
advantage of the precious metals bull run that many experts believe we
are only in the early stages of.
Image of the Goldstorm Zone found along the base of this hill at Treaty Creek.
With approximately one billion tonnes of gold enriched rock identified (potential for a resource calculation in 2020), the Goldstorm has potential to become a world class gold deposit.
The 2020 drilling is designed to significantly expand the deposit as the system is open to the north, the east and at depth.
The company raised over $3.3 million to strengthen existing
alliances and create a number of new strategic relationships, bringing
strength, credibility and future increased exposure.
Eric Sprott made two separate investments of $1,000,000 into
American Creek. Mr. Sprott is the largest external investor in Treaty
Creek. He recently stated that he is “very excited about the opportunity there as the project has a great shot at having 20 million ounces.”
If you have not yet read the 2019 REPORT ON TREATY CREEK (potential world-class deposit in B.C.’s GOLDEN TRIANGE) click on the image for the fullreport.
The Treaty Creek Project is a joint venture with Tudor Gold owning
3/5th and acting as project operator. American Creek and Teuton
Resources each have a 1/5th interest in the project. American Creek and
Teuton are both fully carried until such time as a Production Notice is
issued, at which time they are required to contribute their respective
20% share of development costs. Until such time, Tudor is required to
fund all exploration and development costs while both American Creek and
Teuton have “free rides”.
About American Creek
American Creek is a Canadian mineral exploration company with a
strong portfolio of gold and silver properties in British Columbia.
Three of those properties are located in the prolific “Golden Triangle”;
the Treaty Creek and Electrum joint venture projects with Tudor
Gold/Walter Storm as well as the 100% owned past producing Dunwell Mine.
The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample
Goldmax, Silver Side, and Glitter King properties located in other
prospective areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
Posted by AGORACOM
at 12:35 PM on Thursday, February 6th, 2020
Vancouver, British Columbia–(Newsfile Corp. – February 6, 2020) –
Affinity Metals Corp. (TSXV: AFF) (“the Corporation”) (“Affinity”) today
announced that it will be offering on a non-brokered private placement
basis (“the Offering”) up to 5,000,000 units (“Units”) at a price of
$0.20 per Unit for proceeds of $1,000,000 if the Offering is fully
subscribed.
Each Unit consists of one common share of the Corporation (“Common
Share”) and one non-transferrable Common Share purchase warrant
(“Warrant”). Each Warrant may be exercised for one additional Common
Share at a price of $0.30 for a period of 24 months from the closing
date of the Offering.
The securities will be offered to qualified purchasers in reliance
upon exemptions from prospectus and registration requirements of
applicable securities legislation.
Insiders may participate in the Offering. A finder’s fee in cash or
shares may be paid to arm’s length finders in relation to this Offering.
This private placement financing is subject to approval by the TSX
Venture Exchange.
About Affinity
Affinity is a Canadian mineral exploration company focused on
advancing the Regal polymetallic project located near Revelstoke,
British Columbia, Canada.
Information related to the Corporation and the Regal project can be found on the Corporation’s website at:
