Illumina Shares Fall Sharply on Lower Revenue Guidance

Sourced from: https://www.countingpips.com/2019/07/illumina-shares-fall-sharply-on-lower-revenue-guidance/

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In an announcement released that afternoon, Illumina Inc. (ILMN:NASDAQ) reported lower preliminary revenue for Q2/19 and adjusted yearly sales guidance over three distinct business areas. The company advised that later this month it expects to report Q2/19 earnings of approximately $835 million, up from $830 million in Q2/18.

Illumina shares have been trading down over 15% today from yesterday’s final price of $363.66 on greater than average volume. With 147 million outstanding, its market cap has taken a hit of around $8 billion today dependent on the current share price of $308.55.

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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or associates of their families, in addition to persons interviewed for articles and interviews on the site, might have a long or short position in securities mentioned. Employees, officers, employees or members of the immediate families are prohibited from making purchases and/or sales of these securities in the open market or from the time of their interview or the decision to write a post until three business days after the book of the meeting or article. The foregoing prohibition doesn’t apply to articles that in material just restate previously published company releases.

Francis deSouza, president and CEO of Illumina, commented,” “We’re obviously disappointed with our second quarter fiscal results. Our preliminary analysis indicates that these struggles are transitory and do not signify a macro shift to the fundamentals of our enterprise. ” Additionally, the firm proposed that in light of the lower revenue growth expectations for 2019 it is taking immediate action to correct operating expenses for the rest of the year.
Illumina is established in San Diego, Calif., also describes itself as a global pioneer in DNA sequencing and array-based technology fueling progress in life sciences, oncology, reproductive health, genetic disease, agriculture, microbiology and other emerging segments. The company states that is devoted to improving human health by imitating the power of this genome. The firm provides reproductive-health alternatives, including non invasive prenatal testing (NIPT), preimplantation genetic screening and identification, and neonatal and hereditary health testing.

The company advised that Q2/19 results were impacted by approximately $30 million reduced earnings than expected associated with population genomics initiatives; $10 million reduced earnings than expected associated with continuing weakness from the direct-to-consumer (DTC) market, primarily array solutions; and $10 million lower revenue than anticipated using Illumina’s non-high-throughput sequencing systems and consumables. NovaSeq consumable volume growth was up 40% , and over 100% with system imports ahead of expectations in the second quarter.

Investors can expect extra information from the company including full year revenue guidance during the company’s forthcoming quarterly conference call scheduled for July 29, 2019, at 5:00 pm EDT.
Resource: Streetwise Reviews   07/12/2019

Illumina Inc. shares are now trading down more than 15% now because the company reported lower preliminary Q2/19 revenues and upgraded its annual earnings guidance.
Illumina now anticipates fiscal year earnings growth of about 6 percent, primarily associated with reduced near-term expectations in DTC.
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Feasibility Study Reveals ‘Attractive’ Gold Project

Sourced from: https://www.countingpips.com/2019/07/feasibility-study-reveals-attractive-gold-project/

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Canaccord Genuity or even more of its affiliated companies wish to seek or hope to obtain damages for Investment Banking
providers out of Orezone Gold Corporation at the subsequent three months.


Additionally , he pointed out that Orezone is now trading at a “substantial ” discount to its peers. “We search for a rerating to relieve these reductions in the aftermath of the shipping of this positive updated feasibility analysis near term and in expectation of clarity on funding options. ”
1) Doresa Banning compiled this article for Streetwise Reports LLC and supplies solutions to Streetwise Reports as an independent contractor. She or members of her family own securities of the following businesses mentioned in the article: None. Members or her of her household are paid by these companies mentioned in this post: Not one.
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3) Opinions and opinions expressed are those of the specific experts and not of Streetwise Reviews or its officers. The information supplied above is for informational purposes only and is not a recommendation to purchase or sell any security.
4) The article doesn’t constitute investment advice. Each reader is encouraged to consult with their respective financial professional and any actions a reader takes because of information presented here is his or her own duty. By opening this site, every writer accepts and agrees to Streetwise Reports’ terms of use and total lawful disclaimer. This report is not a solicitation for investment. Streetwise Reports doesn’t leave general or specific investment advice and the information on Streetwise Reports shouldn’t be regarded as a recommendation to purchase or sell any security. Streetwise Reports does not endorse or recommend the company, goods, services or securities of any business mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of the families, in addition to persons interviewed for interviews and articles on the site, might have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases or earnings of those securities in the open market or from the time of the meeting or the choice to compose a post prior to three business days following the book of the meeting or article. The foregoing prohibition doesn’t apply to articles that in substance only restate previously published company releases.

Zaunscherb included that Orezone’s “direction has done a superb job optimizing the undertaking and providing abundant detail before this NI 43-101 technical report filing expected within 45 days. ”
Disclosures can be found here.

Specifically, Zaunscherb relayedthe feasibility study summarizes a initial pour from phase one oxide ore occurring in late 2021, with commissioning and ramp-up to commercial creation of 5,200,000 heaps (5.4 Mt) annually in Q1/22. The research indicates greater gold production than expected, which should result from the catch of higher-grade oxide and sulphide.
Resource: Streetwise Reviews   07/13/2019

The feasibility study also shows initial capex to be better than expected, at US$153 million versus US$225 million. This results from changing it, US$63 million rather than US$20 million, to the expansion year three, in which time capex can be financed through cash flow.
In a July 4 research note, analyst Eric Zaunscherb noted that Canaccord Genuity increased its target price on Orezone Gold Corp. (ORE:TSX) to CA$1.50 per share by CA$1.40. This signifies a 127% proposed yield from the firm ’s current share price of CA$0.64.
The authoring analysts that are responsible for the preparation of the research have obtained (or will receive) compensation based upon (among other variables ) the Investment Banking revenues and general profits of Canaccord Genuity. However, these authoring analysts haven’t received, and won’t receive, compensation that’s directly based upon or connected to one or more specific Investment Banking activities, or to recommendations contained in the research.
Disclosures out of Canaccord Genuity, Orezone Gold Corp., July 4, 2019
Canaccord Genuity includes a rating on this exploration and development company.

Analysts employed outside the US are not registered as research analysts using FINRA. These analysts might not be associated persons of Canaccord Genuity Inc. and therefore might not be subject to the FINRA Rule 2241 and NYSE Rule 472 restrictions on communications using a subject company, public appearances and trading securities held by a research adviser accounts.

A stage two sulphide circuit is going to be constructed via 2023, together with which 2.2 Mt a year of material could be added into the annual 5.2 Mt. “The stage two plant enables Orezone to wrap arms around transition and sulphide ore to expand reservations, throughput and mine existence while at the same time raising level,” Zaunscherb noted.

This change caused Canaccord Genuity updating its model on Orezone in accordance with the recently published feasibility analysis on Bomboré. The research confirmed the Burkina Faso golden project, 90% of that Orezone owns, is “robust” as expected, which ought to help the company in its own pursuit of project financing.

The study’therefore highlights are discussed and presented in a Canaccord Genuity report.

Disclosure:

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Gold Project is ‘Robust, Strong Acquisition Candidate’

Sourced from: https://www.countingpips.com/2019/07/gold-project-is-robust-strong-acquisition-candidate/

Smith reviewed the recently reported effects. Of those eight holes, half were in the North zone, and 2 from the South zone.

Bluestone plans to update its existing source and reserve estimates in Q3/19 and 2020, respectively.
Results from the two South zone holes demonstrated the best intercept to become 8.4 g/t gold within 9m.

At a July 3 study note, Haywood analyst Kerry Smith noted that Bluestone Resources Inc.’s (BSR:TSX.V) recent drill results “continue to emphasize the capability to upgrade Inferred resources to the Measured and Indicated (M&I) category at Cerro Blanco” at Guatemala.
Smith discussed the company’s present Cerro Blanco resource and its makeup. He suggested that about half of those existing 357,319 ounces of Inferred resources in a typical 8.1 g/t gold level could probably be converted to M&I resources without additional drilling.

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Each of these North zone holes intersected multiple veins in addition to individual veins around 1 meter (1m) accurate width and also of gold grades in the 5– 5 10 g per ton (5–10 g/t) range.

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Source: Streetwise Reports   07/13/2019

On the other hand, the source could be enlarged even further, Smith emphasized. It might just likely take some opportunity to do so. He also added, “We fully anticipate the current defined veins will expand further along strike and fresh veins are also discovered as more drilling is completed, and the source should double to approximately 500,000 ounces over time. ”
Other stuff conflict of interest of this research analyst of which the researcher or Haywood Securities Inc. understands or has reason to know in the time of publication or in the time of public appearance: n/a.
The following Important Disclosures apply for Juggernaut Exploration:
Representative Certification: I, Kerry Smith, hereby certify that the views expressed in this report (which contains the rating assigned to the issuer’s shares in addition to the analytical substance and tone of this document ) accurately reflect my/our personal viewpoints about the subject securities and the issuer. No component of my/our compensation has been, is, or are directly or indirectly linked to the specific recommendations.

1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following firms mentioned in the article: None. Members or her of her family are compensated by these companies mentioned in this article: Not one.
Two ) The following businesses discussed in this article are billboard sponsors of Streetwise Reports: None. Click here for significant disclosures about sponsor fees.
3) Opinions and opinions expressed are those of their particular experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and isn’t a recommendation to buy or sell any security.
4) This content does not constitute investment advice. Each reader is invited to consult with their individual financial professional and any actions a reader takes as a result of information presented here’s his or her own responsibility. By opening this page, every reader agrees and accepts to Streetwise Reports’ terms of usage and total lawful disclaimer. This guide is not a solicitation for investment. Streetwise Reports doesn’t leave general or specific investment information and the advice on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports doesn’t support or recommend the company, products, services or securities of any business mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officials, employees or members of the families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or associates of their immediate families are prohibited from making purchases or earnings of those securities in the open market or from the time of their meeting or the decision to compose a post until three business days after the publication of this interview or article. The foregoing prohibition doesn’t apply to posts that in substance only restate previously printed company releases.

Bluestone will continue drilling from top during 2019 to complete the current 8,000m effort.
Research coverage is available here.

Haywood has a Buy rating and a CA$2.75 per share target cost on Bluestone, whose stock was trading at about CA$1.03 per share in the time the report was composed. “We recommend accumulating shares at present levels,” composed Smith.


▪ Haywood Securities, Inc. has analyzed lead jobs of Bluestone Resources and also a portion of the expenses for this journey have been reimbursed by the issuer.

▪The Analyst(s) preparing this report (or a member of the Analysts’ households) have a financial interest in Bluestone Resources.
Looking forward, Smith remarked that the upcoming significant step for the company and Cerro Blanco is funding, which the company aims to procure by year-end 2019. Therefore, and with significant infrastructure already set up there and all licenses in hand, Haywood anticipates first generation at Cerro Blanco from mid-2021.

“The project is quite strong and can be a powerful acquisition candidate for midtier gold firms looking to bring a shovel-ready, allowed endeavor to their job portfolio,” Smith composed.
▪ Haywood Securities, Inc. or one of its subsidiaries has handled or co-managed or engaged as advertising set in a public offering of securities for Bluestone Resources at the previous 12 months.
Highlight hole, UGCB19-144, intersected 12 veins and returned 19 g/t gold over 7.5m, including 98.5 g/t gold within 1m. The rest of the North zone pockets returned an average gold grade of 6.8 g/t. “We expect this ore body is going to have a positive tier reconciliation into the reserve version when excavated, given the high level, nuggety nature of the deposition,” remarked Smith.
Major Disclosures

Recent drill results in the advantage and its present resource are discussed in a Haywood report.

CVS Declares Quarterly Dividend and Gets a Boost from Relaxed Rebate Policy

Sourced from: https://www.countingpips.com/2019/07/cvs-declares-quarterly-dividend-and-gets-a-boost-from-relaxed-rebate-policy/

CVS:NYSE,
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The analysis also raises questions about whether the administration’s other attempts to lower costs will affect the significant pharmaceutical manufacturers immediately.

CVS Health Corp. (CVS:NYSE) along with a number of other pharmacy benefits managers (PBMs) and healthcare providers got a massive shot in the arm on news from Washington today the Trump administration will alleviate back on plans to limit drug rebate plans.
Reuters reported earlier today that the Trump administration just scrapped one of its toughest suggestions for decreasing prescription medication prices, backing down from a policy that would have required health insurers to pass billions of dollars in rebates they receive from pharmaceutical firms to Medicare patients. The Reuters report concluded that firms like CVS and Cigna Corp. (CI:NYSE) that pay rebates with pharmaceutical manufacturers on behalf of their government’s Medicare application will continue to profit from those reductions.
( Companies Mentioned: CI:NYSE,

Shares of many of the huge health insurers, PBMs, and shops are coming today on the news. Cigna, which partners closely using CVS on walk-in and pharmacy programs, is seeing a higher than 10% increase on its share price now.

CVS is a leading pharmacy benefits manager with 94 million program members and operates over 9,900 retail locations and 1,100 walk-in medical clinics. As an estimated 38 million individuals are also served by the company through traditional consumer-directed health insurance products such as Medicare Advantage offerings.
The company’s $2/share yearly dividend equates to an yearly return of 3.45% based upon now ’s share price of about $58/share.
Resource: Streetwise Reports   07/11/2019
Cigna is a international health service firm offering services and products that include an integrated suite of wellness services, including health, dental, behavioral health, pharmacy, vision, supplemental benefits, and related products such as group life, disability and accident insurance to 165 million clients in 30 nations.
CVS shares are trading up today greater than 5% above the previous day’s closing of $55.38 on considerably higher than average volume. Cigna shares are also trading considerably higher between $177.38-185.77 on Wednesday closing price of $160.51.

From The Life Science Report
Disclosure:

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CVS Healthcare announced a $0.50/share quarterly dividend and got an added boost now as news spreads seeing easing of national constraints on pharmacy lien programs.

He or associates of the household own securities of the following businesses mentioned in the post: None. He or associates of the family are paid by the following companies discussed in this article: None.
Two ) The following businesses discussed in this article are billboard sponsors of Streetwise Reviews: None. Click on here for important disclosures about host fees.
3) Opinions and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information supplied above is for informational purposes only and isn’t a recommendation to purchase or sell any security.
4) The content does not constitute investment advice. Every reader is invited to consult with their individual financial professional and any action a reader chooses as a result of information presented here’s his or her own responsibility. By opening this page, every reader accepts and agrees to Streetwise Reports’ terms of use and total authorized disclaimer. This guide isn’t a solicitation for investment. Streetwise Reports doesn’t leave general or specific investment information and the advice on Streetwise Reports shouldn’t be regarded as a recommendation to purchase or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. Directors, officers, employees or associates of the immediate families are prohibited from making purchases or earnings of these securities in the open market or otherwise from the time of the interview or the choice to compose an article prior to three business days following the publication of this interview or post. The foregoing prohibition doesn’t apply to posts that in substance simply restate previously published firm releases.

Is a Lithium Sector Rebound Coming? Is This Company Too Cheap to Ignore?

Sourced from: [LIT.v, PNN.ax, ULI.v, NGZ.v, AN.v, LEXI.v, GLN.ax and LKE.ax]


Portofino Resources moving ahead, several peers dead from the water
For instance, Salar de Pocitos was drilled with Pure Energy Minerals and Liberty One Lithium, neither company had any luck. Salar de Arizaro was also drilled, the assays showed low-grade Li with high levels of calcium. Additional salars certainly fall into this class, no-go zones, at least before another lithium bull market!

In taking a look at the 13 names on the chart–in which their houses are, the amount of recent press releases and their money balances–you can find a few that I believe are not as likely to survive as lithium juniors with jobs in Argentina compared to Portofino. However, Portofino has an enterprise value that’s roughly 90 percent below the typical firm value of [LIT.v, PNN.ax, ULI.v, NGZ.v, AN.v, LEXI.v, GLN.ax and LKE.ax].

I sold AGY.ax & LIT.v as outliers. That average of 651/ha is going to move higher as several companies drop land packages in the next 6–12 weeks.


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At the time this post has been published, Peter Epstein owned shares of Portofino Resources and Portofino was an advertiser on [ER].

Last year, 18 near-surface samples were obtained, and two duplicates, on the 2 concessions that complete 1,804 hectares. The top three samples averaged 906 mg/L Li and had a reduced common Mg:Li ratio of 1.8 to 1.
Portofino is moving the ball ahead on two of its three projects, and it does not owe a great deal of cash to property sellers. Though it’s too early to know whether the company has great assets, among its two main jobs, Hombre Muerto West (HMW), is at the single best salar in Argentina–Salar del Hombre Muerto.
Interpretation of this poll by a local geological adviser suggests multiple zones of reduced resistivity (i.e., conductivity). Conductive anomalies were discovered to extend from top to approximately 250 meters and stretch for at least 2.5 kilometers (on the Condor concession).
The Energy Report

Is this news sexy? Could it be highly exciting? No. But, to reiterate, Portofino Resources includes a sub par C$1 billion market cap and is advancing two potential lithium brine jobs. Most juniors have really little, or nothing else to say.

However, how lots of these companies are proactively moving forward? Just how many have good jobs? Which companies still have to make substantial cash payments to complete purchase (s)?
Streetwise Reports Disclosure:

If a person believes that lithium prices and investor sentiment will rebound, exact timing unknown, Portofino Resources can provide tremendous bang for your dollar. Obviously, a great deal is riding on the drilling at HMW after this season. But, Portofino’s Yergo job is alive and kicking, fighting not to be forgotten if all eyes have been on HMW. If management can provide good drill results, that should allow the funding of the follow up work in HMW and, perhaps, a first drill program at Yergo in 1h 2020.
Readers know and agree that they have to conduct their own due diligence over and outside reading this article. While the author believes he’s meticulous in screening out companies that, for any reasons whatsoever, are unattractive investment opportunities, he cannot ensure that his attempts may (or have been) powerful. [ER] is not accountable for any perceived, or real, errors including, but not restricted to, commentary, opinions, opinions, assumptions, reported details & financial calculations, or even to the completeness of the guide or future content. [ER] is not anticipated or required to follow or cover events & information, or write any particular company or subject. [ER] isn’t an expert in any company, industry sector or investment topic.

Peter Epstein of Epstein Research explains why he considers this business stands out from many of the lithium ion explorers in Argentina.

At least 13 businesses, POSCO, Galaxy, Livent, Lithium Americas, Ganfeng, Albemarle, Orocobre, Neo Lithium, Argosy Minerals, Millennial, Advantage Lithium, Lake Resources and Galan Lithiumhave a tactical motive to be watching Portofino’s progress in Hombre Muerto carefully. Acquiring Portofino might be a inexpensive alternative on three projects that, while not known, have yet to be disproven either.
His background is in company and fiscal analysis. He holds an MBA degree in financial evaluation from New York University’s Stern School of Business.
Last week, Portofino Resources [ER] of a geophysical survey performed on its 100 percent -regulated Hombre Muerto West project. The geophysical survey follows last year’s near-surface brine sampling program, which identified attributes up to 1,031 mg/L lithium and a positive average magnesium into lithium ratio of 1.99.

To reiterate, most of Portofino’s peers in Argentina have jobs in and about salars with rather recent mining disappointments (bad or inconclusive drill results, drilling mishaps, etc.). Most projects aren’t being actively researched, especially if a sizable property payment is expected. Many companies are waiting for payment dates, hoping to get a business rebound, before investing any extra funds.

Having possessions in and around salars that haven’t hosted poor bicycle results is of utmost importance. Many of the salars from Argentina that were explored in 2017 and 2018 ended up the topic of bad, really poor or simply moderate drill outcomes.
Even the 2,932 hectare Yergo project is much less than 20 km out of Neo Lithium’s high tech 3Q project and shares geological attributes with 3Q. Exploration thus far has been promising. As an example, near-surface samples showed good Li values and incredibly low sodium into lithium ion ratios. Most jobs in Argentina have Mg/Li ratios between 2.5 and 4.5 to 1. The Yergo samples averaged less than 1.0 to 1. The reduced the Mg/Li ratio, the less costly it’s to process the brine.

Within the past six months, POSCO paid ~$364 million to Galaxy to get 17,500 hectares, that’s ~$20,800/ha–a guess 187 times larger compared to $111/ha Portofino trades in (see chart below).

[ER]

Unlike many companies in the graph below, Portofino has minimal money payments to create. And, importantly, there are no work obligations or royalties.

Graphics supplied by writer.

Make no mistakethis is a really high risk situation, but with high risk, there’so often the opportunity for high payoff.

I’m not suggesting that Portofino’s three project areas are worth north of 20K/ha, not really close, but if management produces good drill results at HMW, there’s likely ample room for advancement in the business ’s evaluation.


[ER] is a speculative lithium ion with three brine projects in Catamarca province, Argentina. I state “high-risk,” but should go without saying. All lithium juniors are high danger. There are 13–14 publicly listed, pre-PFS (prefeasibility study) stage companies (Neo Lithium has finished a PFS, Millennial Lithium is predicted to produce a BFS at August) with all, or substantially all, of the properties in Argentina.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for interviews and articles on the site, might have a long or short position in securities mentioned. Employees, officers, employees or associates of their immediate families are prohibited from making purchases and/or sales of these securities in the open market or otherwise from the time of their interview or the decision to write a post prior to three business days following the publication of the interview or post. The foregoing prohibition doesn’t apply to posts that in substance simply restate previously published company releases.

4) The article does not constitute investment advice. Each reader is invited to consult with their respective financial professional and any action a reader chooses because of information presented here is their own responsibility. By opening this site, each writer accepts and agrees to Streetwise Reports’ terms of usage and full legal [ER]. This report is not a solicitation for investment. Streetwise Reports does not leave specific or general investment information and the advice on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, goods, services or securities of any company mentioned on Streetwise Reports.
Disclosures: The information of the report is for info only. Readers fully understand and agree that nothing contained herein, written by Peter Epstein of [ER] [ER], (together, [ER]) about Portofino Resources, including but not restricted to, commentary, opinions, views, assumptions, documented facts, calculations, etc., isn’t to be contemplated implicit or explicit investment information. Nothing contained herein is a recommendation or solicitation to buy or sell any security. [ER] isn’t liable under any circumstances for investment actions taken by the reader. [ER] hasn’t been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, dealer, money manager, legal or compliance officer, and does not perform market making activities. [ER] isn’t directly utilized by any company, group, organization, party or person. The shares of Portofino Resources are highly insecure, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It’s presumed and agreed upon by subscribers they will consult with their very own registered or licensed financial advisors prior to making any investment decisions.
In a much better lithium juniors marketplace, Portofino would be a prime takeout goal…
Promising near-surface samples at HMW, today a promising geophysical survey

One peer reviewed in Argentina has had only 1 press launch the entire year, and it had been a manager had resigned! Another has zero project-related press releases so far from 2019. If and as soon as the sector collapses, many juniors across the globe will find themselves 6–12 months behind the companies that were able to progress their jobs.

Two ) The following firms mentioned in the post are equipping sponsors of Streetwise Reports: None. Click [ER] for important disclosures about sponsor fees. The information supplied above is for informational purposes only and isn’t a recommendation to purchase or sell any security. The author is wholly responsible to the validity of the statements. The writer wasn’t paid by Streetwise Reports with this report. Streetwise Reports wasn’t covered by the author to publish or syndicate this report. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports depends upon the authors to accurately provide this information along with Streetwise Reports without any means of verifying its accuracy.

In case the lithium industry improves later this year and direction can provide good drill results at HMW, the company’s 24.0 million shares outstanding might be tough to find near the present price of C$0.04. The average share count of the other Canadian-listed juniors from the graph is 90.1 million.
Since Portofino has quite low near-term financial commitments, particularly in contrast with peers, (each job is held via a 4-year option agreement), direction has managed to prudently advance HMW and Yergo at a really hard sector. In my view, based on peer company press releases, just four (for example Portofino) of the nine firms in the upper section of the chart are actively exploring / developing.

Management considers that a probable cause of the conductivity is lithium-bearing brines. But before the house is drilled after this year, no one knows for sure. According to previously recognized, near-surface Li-brine outcome and the newest geophysical survey, multiple promising drill targets have been identified.

The Phony Wealth Effect and Gold

Sourced from: https://www.countingpips.com/2019/07/the-phony-wealth-effect-and-gold/

Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, discuss what real wealth is and when financial assets ought to be considered real riches.

By The Gold Report
The international picture is no better. Overall stock market valuations are about $78 trillion although the international bond market is projected at about $110 trillion from planet real GDP of about $75 billion.

Our contention is that gold will be actual wealth. Gold is its very own final settlement and nobody else’s liability. What this signifies is simply that golden stands for itself, so it does not rely upon the religion and great credit of another individual or thing…it is universally accepted as ultimate compensation. It’s been for thousands of years.

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Rudi is the current Chairman and CEO of Seabridge and Jim is among its biggest shareholders. Disclaimer: The writers are not registered or accredited as investment consultants. Information contained herein was obtained from sources considered reliable but isn’t necessarily complete and accuracy is not guaranteed. Any securities mentioned on this site are not to be construed as trading or investment recommendations especially for you. You have to consult your own advisor for trading or investment advice.
The question is this: Why are monetary assets…securities like stocks and bonds…real wealth? Our response is they are if a buck ’s values of securities can be exchanged for a dollar’s worth of products and services. Unlike stone, financial assets are claims on some thing different. By way of instance, a common share is a claim on a proportionate share of future earnings from the sale of products and services by an enterprise for which the common share represents a part ownership. Gold backs itself. Securities need the backing of this entity which issued them; the claims issued must be money great for its securities to represent wealth.

Disclosures:

The current dollar value of the planet ’s above ground gold supply will be about $8 trillion, more than half of that is likely not immediately tradable as it is in the form of artifacts and jewelry.
To debt asserts we have to add about $34 trillion in equity promises, the estimated present value of the U.S. stock exchange. This tally doesn’t include private company ownership, independently generated debt, property and cash balances which are also stores of value and possible claims against the true economy.
Clearly, from these amounts, there are more players of this musical chairs game than there are seats. Claims against the real market have risen exponentially faster than the market that must satisfy these claims. Either actual GDP must grow at an unprecedented pace or the worth of monetary assets need to fall precipitously. We’ve got a huge phony wealth problem which is unsustainable and it can’t be fixed by monetary policy which has as it means the printing of more claims.
And in these days of radical central bank policies, gold has no central bank to control its issuance or its own worth. Its value is determined by people who wish to exchange it for other precious things. Its issuance is established by the fact that it is uncommon and hard to extract.

The authors are wholly accountable for the validity of their statements. Streetwise Reports wasn’t included in any facet of the content prep. The writers were not paid by Streetwise Reports to this article. Streetwise Reports was not paid by the writers to print or syndicate this article. The information supplied above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports depends upon the writers to accurately provide this information along with Streetwise Reports without any means of confirming its accuracy.
Two ) Rudi Fronk and Jim Anthony: we, or associates of our immediate family or family, own shares of the following companies discussed in this article: Seabridge Gold. We personally are, or members of our immediate family or family are, compensated by these companies mentioned in this article: Seabridge Gold. Click here for significant disclosures about host fees.
4) This article doesn’t constitute investment advice. Each reader is invited to consult with her or his individual financial professional and any action a reader takes as a result of information presented here’s their own responsibility. Streetwise Reports does not leave specific or general investment information and the advice on Streetwise Reports shouldn’t be regarded as a recommendation to purchase or sell any security. Streetwise Reports does not support or recommend the business, goods, services or securities of any business mentioned on Streetwise Reports. Employees, officers, employees or members of their immediate families are prohibited from making purchases or earnings of those securities in the open market or from the time of the meeting or the choice to compose an article until three business days following the publication of the interview or article. The foregoing prohibition doesn’t apply to articles that in substance only restate previously published firm releases.

Resource: Rudi Fronk and Jim Anthony for Streetwise Reports   07/08/2019

What’s the settlement of the mismatch of actual vs. monetary assets? Investors will start to flee to reliable value that protects their wealth and buying power. We think that inevitably means fleeing into the backing of gold.

So, it makes sense that securities should finally be endorsed by an equal value of goods and services at the real economy.

What, then, can we make of how the U.S. market has credit of 70 trillion as claims from a $22 trillion economy as measured by real GDP (which, incidentally, includes a great deal of less than actual things like government spending)? The $70 trillion (of which about $40 trillion is in domestically issued bonds) is somebody ’s accountability but it’s also someone’s advantage , including pension funds and other savings vehicles meant to defer paying to the future in which it is depended upon in order to finance consumption.

Rockridge Resources Reports 7 Assays

Sourced from: [ER]

Readers know and agree that they have to conduct their own due diligence above and outside reading this article. While the writer thinks he’so diligent in analyzing companies which, for any reasons at all, are unattractive investment opportunities, he cannot guarantee that his efforts will (or have been) effective. [ER] is not accountable for any perceived, or actual, errors including, but not restricted to, commentary, opinions, views, assumptions, documented facts & financial calculations, or to the completeness of this report or prospective content. [ER] isn’t anticipated or required to follow or cover events & news, or write about any particular business or subject. [ER] isn’t an expert in any business, business sector or investment topic.

Significantly, this represents the first important work on the house since 2001. Readers may remember from reading previous interviews and articles on [ER], [ER] and [ER], and seeing [ER], that the firm ’s primary aim is to research districts that have been underexplored, never researched or not recently explored. Management’s exceptionally proficient and professional technical staff and advisers deploy the most recent exploration technologies and techniques. A whole lot has changed in 18 years; a simple example would be the use of lower-cost, high-energy drones to soar different polls.
( Companies Mentioned: ROCK:TSX.V,

)

[ER]
[ER] is an exploration company focused on acquiring, exploring and developing mineral resource properties in Canada. Its concentration is copper and base alloys –specifically base, green power and battery alloys –of that copper is . It is centered in not in almost any place, just top-tier mining jurisdictions like Saskatchewan. And only in mining districts that have experienced substantial past mining, development or production. And only on jobs in near proximity to infrastructure. Rockridge’s management staff, advisors and board expertly and methodically eliminate many of the risk factors, early on, which may kill projects. This is a huge team to get a business with a market cap of just CA$5.6 million (CA$5.6M) / US$4.2M.

Graphics supplied by the author.

Copper prices are down into the ~US$2.60/lb. From close to ~US$3/lb. , however near-term changes in the cost are meaningless for anybody who believes that copper is needed for 1) clean-green energy storage( two ) the global electrification of commercial and passenger vehicles, and 3) the surge of infrastructure building required to accommodate a developing international middle-class population migrating to ever-larger cities. Not to mention the rebuilding of old and destroyed infrastructure like buildings, roads and bridges. Everything uses copper; everything will continue to use copper. The price of copper has to rise, or there won’t be enough aluminum: It’s that simple. Several experts believe that the copper price is led to US$4-$5/lb. By 2021 or 2020. If this is that’s the case, a firm like Rockridge Resources includes a great deal of leverage to this outcome.
Last month Rockridge reported additional results from its winter diamond drill program. The first five holes are displayed in the graph above. Readers may recall that a key takeaway was that holes KF19001 and KF19002 mostly confirmed historic grades, intercept widths and geological problems. , significantly better than the first couple holes. X depth (in yards ) worth of 91, in comparison to 41 and 49. Significantly, it confirmed high-grade mineralization up-dip of KF19002 in a place where no historical drilling is proven to have already been done. Thus, this assay, and perhaps nearby assays to follow along, could increase the size and caliber of the upcoming mineral resource estimate.

Rockridge’so president and manager, Jordan Trimble, commented: “The outcomes in this first-pass drill software have exceeded our expectations with nearly all drill holes having intersected high quality aluminum mineralization, and in doing this, we’ve successfully confirmed that the tenor of mineralization reported by previous operators, while expanding known zones of mineralization. We are working towards devoting an NI 43-101 compliant resource estimate in addition to planning a regional summertime application, each of which will provide steady news stream and catalysts over the long run. We will continue to perform our value creation strategy of going into overlooked but potential projects in prolific mining jurisdictions and using modern exploration methods to test new ideas and make new discoveries. ”
Disclosures: The content of the article is for info only. Readers fully understand and agree that nothing contained herein, composed by Peter Epstein about Rockridge Resources, (together, [ER]) including but not restricted to, commentary, opinions, views, assumptions, documented facts, calculations, etc. will be considered implicit or explicit investment information. Nothing contained herein is a recommendation or solicitation to purchase or sell any security. [ER] hasn’t been, and is not currently, a registered or licensed financial adviser or broker/dealer, investment adviser, stockbroker, dealer, money manager, compliance or legal officer, and doesn’t perform market making activities. [ER] isn’t directly utilized by any business, group, organization, party or person. The stocks of Rockridge Resources are highly insecure, not suitable for all investors. Readers agree and understand that investments in small cap stocks can result in a 100% reduction of invested money. It’s presumed and agreed upon by readers which they will talk to their very own registered or licensed financial advisors prior to making any investment decisions.

However, no modern mining, drilling technology or method was deployed at Knife Lake. It had been discovered 50 years back and last researched in the late 1990s. Airborne geophysics, regional mapping and geochemistry has been done, but technologies have improved. Management believes that contemporary geophysics; large resolution, deep penetrating EM and drone mag surveys to cover huge regions in detail, can make a significant difference.

As mentioned, Rockridge Resources has a tremendous team–direction, board and advisors–for a business with a market cap of CA$5.6M US$4.2M. Clients should take just five to ten minutes to review the company’s new June [ER]. And, the most recent press releases [ER]. Even the flagship Knife Lake job is large enough, at ~85,200 hectares, to keep the company busy for many years to come. Even though management were to farm out (buy free-carried) that a part of the property, there would be tens of thousands of hectares staying to explore in a leading mining district in Canada.

Best Intercept in Last seven Holes: 15.2 m of 2.45percent Cu Eq.

Streetwise Reports Disclosure:

By the time this post has been posted, Peter Epstein owned stock in Rockridge Resources along with the Business had been an advertiser on [ER].

His background is in company and financial analysis.
This is going to be a significant milestone that will draw the interest of prospective strategic partners. Subsequent to that de-risking occasion, Rockridge is financed to get a summer exploration program that will probably stretch into collapse. The purpose is to recognize and refine targets at depth and regionally. Modern vectoring methods will be set up, with metal ratios and structural manipulation to identify “primary” VMS deposits.

Something I found fascinating were the 2 portions of the 15.2m intercept in KF19006 that assayed 7.25m of 0.72 g/t gold, (out of 8.75 into 16.0m), and 5.0m of 0.93 g/t gold, even (from 11.0 to 16.0m), either inside 16.0m of surface. Those 2 grades (accurate widths undetermined) will be the maximum gold values reported to date. The 0.93 g/t revealing is almost 50% greater, and 1.0m longer, (5.0 versus 4.0m) compared to next highest-grade gold showing, in blockbuster hole KF19003. While interesting, these values in isolation may not amount to a lot. Still, they’re worth keeping an eye on.

Source: [ER]

Flagship Project, Knife Lake, 12 Drill Hole Results Today In

Jordan Trimble stays as president and a director. Grant has more than 25 years’ expertise in the metals and mining distance. His experience covers the mine development cycle, from early stage exploration through to manufacturing. I talked with Grant a week and has been impressed with his own extensive knowledge of base metals and his comprehension of the district which hosts the firm ’s Knife Lake project. Grant seems to be an perfect person to help advance the project and make new discoveries. Please see more about [ER].
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, in addition to persons interviewed for articles and interviews on the website, may have a long or short position in securities mentioned. Employees, officers, employees or associates of the immediate families are prohibited from making purchases or earnings of these securities in the open market or from the time of their interview or the decision to compose an article prior to three business days after the publication of the interview or post. The foregoing prohibition doesn’t apply to articles that in material just restate previously published firm releases.

4) The article doesn’t constitute investment advice. Every reader is invited to consult with her or his individual financial professional and any activity that a reader takes as a result of information presented here is his or her responsibility. By opening this site, each reader accepts and agrees to Streetwise Reports’ terms of usage and total lawful [ER]. Streetwise Reports doesn’t render specific or general investment advice and the information on Streetwise Reports shouldn’t be thought of as a recommendation to purchase or sell any security. Streetwise Reports does not support or recommend the company, products, services or securities of any company said on Streetwise Reports.

The job is within the renowned Flin Flon-Snow Lake mining district which includes a prolific VMS base metals belt. Management believes there’s tremendous exploration upsidedown. The goal? High-grade discoveries at a mineralized belt which could host several deposits, as VMS–fashion zones often comprise clusters of mineralized zones. Of course, the trick would be finding them.

2) The following firms mentioned in the article are billboard sponsors of Streetwise Reports: None. Click [ER] for important disclosures about sponsor fees. The author is wholly responsible to the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not covered by the author to print or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic connections with, companies they write about. Streetwise Reports relies upon the writers to accurately supply this information along with Streetwise Reports has no means of confirming its accuracy.


Conclusion
The firm ’s flagship job, Knife Lake, is currently in Saskatchewan, Canada (ranked the third greatest mining authority on earth ), in the Fraser Institute Mining Company Survey. The project hosts a near-surface, (high-grade copper) VMS (volcanogenic massive sulphide) copper-zinc-silver-gold-cobalt deposit, open along strike and at depth. Management considers there’s strong detection possible in and about the deposit place, and at other goals on about 85,200 hectares of neighboring states.
In the company’s June 10 [ER], holes KF19006 during KF19012 did not include any blockbusters, however six were well mineralized, with Cu eq. Values ranging from 0.46% to 2.45 percent. The span widths averaged nearly eight meters. The best infusion was 15.15m 2.45% Cu eq. In hole KF19006. This intercept is a good one, like those located in pockets KF19001 and KF19002, reported at the [ER]. Significantly, KF19006 tested the up-dip extension of the Knife Lake deposit in an area that had not been previously tested. Similarly, hole KF19007 analyzed the down-dip expansion of the deposit close KF19006. KF19007 intersected a solid 2.95 m of 0.82% Cu eq. grade. The most recent property map supplied from today’s media release is too big to fit comfortably within this report, please [ER].
Other modern methods incorporate high-resolution geophysics, deep-penetrating EM to identify conductors, and drone mag surveys to cover large areas in detail. Ultimately, ground function and sampling will be conducted, analyzing rock geochemistry to identify prospective VMS-style hydrothermal systems. Significantly, very small beyond drilling was performed below 100 meters (100m), but of these deeper holes, many intersected mineralization at about 300m. Could they’re mineralized lenses?

Peter Epstein of Epstein Research summarizes the most recent news from this explorer, such as an abbreviated of 15m at 2.45% copper equivalent.
Rockridge’s CEO, Grant Ewing remarked: “The Knife Lake property bundle is highly potential for new discoveries using modern exploration methods and methods given the lack of recent field work. The famous deposit is thought to be a remobilized portion of a presumably larger chief VMS deposit, and there is excellent potential for deposit expansion in depth which we plan to try in future apps. Additional there are many high quality goals to check in the expansive landholding, and there’s to become satellite deposits found in the area as VMS systems frequently host clusters or stacked deposits. ”

Best Intercept from First 5 Holes: 37.6 m of 2.42percent Cu Eq.
Added discoveries are extremely potential as the house is nearly 85,200 hectares in size and vastly under-explored. The winter exercise program gives the company’s technical team valuable information regarding geology, alteration and mineralization which will be applied to regional exploration goals. The company is presently working toward completing an NI-43-101-compliant resource quote for Knife Lake together using all the results from this drill application.

Target Price Raised on Metals Firm Following Drill Results

Sourced from: https://www.countingpips.com/2019/06/target-price-raised-on-metals-firm-following-drill-results/


In addition, I certify that no portion of my compensation was, is or will be, directly or indirectly, related to the specific recommendations or views expressed within this report.

She or members of her family own securities of these firms mentioned in the post: Not one. Members or her of her household are paid by these companies discussed in this article: Not one.
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3) Opinions and opinions expressed are those of their specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and isn’t a recommendation to purchase or sell any security.
4) This content does not constitute investment advice. Every reader is encouraged to consult with her or his respective financial pro and any action a reader takes because of information presented here is his or her responsibility. By opening this site, every reader accepts and agrees to Streetwise Reports’ terms of use and full authorized disclaimer. This article is not a solicitation for investment. Streetwise Reports doesn’t leave general or specific investment information and the advice on Streetwise Reports should not be regarded as a recommendation to purchase or sell any security. Streetwise Reports will not endorse or recommend the company, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officials, employees or members of the families, as well as persons interviewed for interviews and articles on the website, may have a long or short position in securities mentioned. Employees, officers, employees or members of the immediate families are prohibited from making purchases or earnings of these securities in the open market or otherwise from the time of their meeting or the decision to compose an article until three business days after the book of the interview or article. The foregoing prohibition does not apply to articles that in substance simply restate previously published firm releases. As of the date of the interview, officers or employees of Streetwise Reports LLC (such as members of the household) own reports of New Pacific Metals, a company discussed in this article.

The intercepts and their implications are discussed in a ROTH Capital Partners report.
Earlier in the week, the New Pacific announced the outcomes of the initial eight holes, infill holes, from its 2019 drill software at Silver Sand, plus they confirmed “the grade and thickness of the deposit,” Reagor indicated.
( Businesses Disclaimer: NUAG:TSX.V; NUPMF:OTCQX,

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The highlight was 169 grams per ton (169 g/t) of silver over 144.2 meters (144.2m). The average complete intercept of these pockets was 95.4 m hole with a mean grade of 114.7 g/t silver. “The holes demonstrated improved grades and depth than the averages we saw from the 195 holes this past year,” Reagor commented.

ROTH produces a market in stocks of Silvercorp Metals Inc. and as such, buys and sells from customers on a principal basis.
An Associated Person owns equity or debt securities of New Pacific Metals Corp..

At a June 7 research note, analyst Joe Reagor reported the ROTH Capital Partners increased its target price on New Pacific Metals Corp. (NUAG:TSX.V; NUPMF:OTCQX) to CA$3.50 per share from CA$3 on news of positive, high-grade drill results out of Silver Sand at Bolivia. The stock is currently trading at around CA$2.02 per share.
Upcoming catalysts to New Pacific Metals include the release of additional results, which might be expected during the calendar year, however the most important one, based on Reagor, is release of an initial resource estimate as a result later in 2019. “We hope to find the company’s share price rise significantly over the remainder of the year since it gives a steady flow of results,” the analyst noted, adding that the recent increase in precious metals prices may help buoy the stock in a high degree.
)

Resource: Streetwise Reviews   06/10/2019

By The Gold Report

Ethos Swings for the Fence Three Times

Sourced from: https://www.countingpips.com/2019/06/ethos-swings-for-the-fence-three-times/

I begged Freeman for a long time to set the leach pad back into production. According to some SWAG, the pad had 10 –$15 million in silver and gold on the pad simply begging for cyanide. He kept promising he would but he lied and I wanted to strangle him. As soon as Argonaut took over, they flipped the pad back on and they obtained the gold and silver from the mined and crushed ore.
I composed a new publication for source traders in January of this year called Basic Purchasing Resource Stocks. Inside I called that 2019 would be the year that the bubble could be hauled along with our lives changed in a major way for a long time.
I’ve learned and that I will ’t prove it sounds correct, I’ve heard that AOC believes that Cheerios are donut seeds. I’m not sure if that is appropriate or not but just in caseI have planted some in our backyard and I see eagerly to the first sprouts to pop up.

La Purisima is totally allowed and a 15-hole drill program has begun. The first drill funding for 2019 is $350,000 CAD and will likely be enlarged if results thanks in late July or August merit.

In case you’d listened to me years back, you might have picked up Novo shares at $0.45 and you had the identical opportunity to buy Irving at $0.45 a couple of years back. Novo went up 1900% and Irving is going to. While Ethos remains an unknown proven, it’s lottery ticket with a possibly giant payoff. It is possible to purchase currently at $0.24 or you can wait till it’so safe to buy as it’s $3–$4, so it’s ’s your selection. I have made my wager currently.
Should my forecast of doom be true, I will return into the history books as being excellent. On the other hand, since the odds are always against a collapse occurring in a specific year if I am wrong, I’ll go down as a blithering fool.
1) Bob Moriarty: Ipersonally, or members of the immediate household or family, own stocks of the following companies mentioned in this article: Ethos Gold. My company has a financial relationship with these companies discussed in this post: Ethos Gold is an advertiser on 321 Gold. I determined which businesses would be contained within this informative article based on my research and understanding of the industry.
Two ) The following companies mentioned are billboard patrons of Streetwise Reports: None. Click here for significant disclosures about host fees. The author is wholly responsible to the validity of their statements. The author was not compensated by Streetwise Reports with this article. Streetwise Reports wasn’t covered by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires leading writers to disclose any shareholdings in, or economic relationships with, companies they write about. Streetwise Reports depends upon the authors to accurately provide this information and Streetwise Reports without any way of verifying its accuracy.
4) The content does not constitute investment advice. Every reader is encouraged to consult with his or her respective financial specialist and any action a reader chooses because of information presented here’s his or her own duty. By opening this site, every reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This report is not a solicitation for investment. Streetwise Reports does not leave general or specific investment advice and the advice on Streetwise Reports shouldn’t be considered a recommendation to buy or sell any security. Streetwise Reports does not support or recommend the company, goods, services or securities of any business said on Streetwise Reports. Employees, officers, employees or members of the immediate families are prohibited from making purchases and/or sales of these securities in the open market or from the time of their meeting or the choice to compose a post prior to three business days following the publication of the meeting or article. The foregoing prohibition does not apply to posts that in substance only restate previously printed company releases.

Iron Point drilling will begin by the end of June. Expect results to come in between August and September.
Mel Herdrick had his eyes another gold project in Northern Mexico at Chihuahua called La Purisima. Craig and Mel hauled it to the business in 2017. To date they’ve paid $145,000 USD and 150,000 stocks. Yet another payment is expected of $250,000 USD and 250,000 shares in late November of the year.
I enjoy that project a whole great deal. I am actually a giant Quinton Hennigh fan. For $1 million Ethos will be buying a lottery ticket to 50 percent of a potential 10 million ounce gold deposit. Once Saturday night comes along with the lottery system spits out the amounts, possibly Ethos begins drinking champagne with their cheerios in the afternoon or tears the ticket up and attempts to get a real job.
Com to the web nearly 16 decades back. They later included 321energy. Com to cover oil, gas, gasoline, coal, gas, wind and nuclear power. Previously, Moriarty was also a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 global aviation documents.
Trench samples reported in May revealed 0.49 g/t Au over 118 meters including 1.13 g/t gold more than 20 meters along with 4.17 g/t over 5.4 meters. That’s all easy to leach oxide gold. Another trench showed 0.47 g/t gold over 127 meters and another trial revealed 0.84 g/t Au over 10 meters. These are terrific holes.

So. In May Ethos declared an option on a Canadian job they call Perk Rocky to earn a 100% interest in a gold wealthy copper porphyry of a 6,700 ha assert block 225 km west of Williams Lake, BC. 2019 plans involve extensive airborne geophysics together with floor mapping and sampling. The target is to decide high potential drill targets with the objective of drilling as soon as acceptable.

And because 3 home runs isn’t a full ball game in Canada it seems, Ethos simply announced involvement in a private placement at a company named Carlin Sort Holdings Ltd. at which Ethos compensated $198,000 CAD for 8 percent of CTH.

Ethos Gold Corp

I have to mention here Ethos is one of the better-financed junior gold businesses in the sector. With only at $7 million in cash they’re absolutely positioned to progress both the slam-dunk Mexican surface gold project and the Carlin style lottery ticket in Iron Point. They have about 55 million shares and at Friday’s close a market cap of only $13 million and an enterprise value of a tiny $6 billion. Great results from Mexico or Nevada would blast the value of the shares higher. But wait, there is more.

Financial terms call for 100% ownership according to a direct $350,000 in mining expenses in the year, milestone payments of a total of $3.85 million USD at the time a choice is made to visit commercial production. At that point the vendors retain a 3% NSR.

Bob Moriarty of all 321 Gold explains why he thinks this exploration company may be a good bet.
Iron Point is on an intersection of the Getchell along with the Battle Mountain trends. Quinton had gotten connected with Victory Metals regarding searching for Carlin style gold in Iron Point previously. In early May of this year Craig, Paul and Quinton negotiated a most unusual deal for its undertaking.
CTH has three Carlin style targets and will be drilling one and possibly two this year. Ethos will get exposure to three interesting and thoroughly potential projects for minimal price. Better yet the drilling is going to be on the top of these three programs already intended for Ethos from Mexico, Canada and Nevada.

That created a small problem for them. Keep in mind, stream through funds need to be invested in Canada. Though it’s a rotten time to be attempting to raise money for exploration in the real estate market, it’s a great time to be doing bargain for lottery tickets if you happen to have your hands on some cash. Ethos not only gets cash in their hands, they need to invest it soon in Canada.
Ethos Pathfinder Maps
( Companies Mentioned: ECC:TSX.V; ETHOF:OTCQX,

We had a massive rise in the general stock exchange starting as Christmas and that I did get this right. And for months I’ve said we were coming a shirt and also the beginning of a wreck. Which seems to have happened in April and we are in yet another dead cat bounce that I think. When it makes the next turn I could either look like a genius or a fool. But so far, so good.
Craig Roberts has a lot of excellent sense so Ethos is a advertiser. I own shares and I’m biased. I won’t share on your profit or hold your hands if you lose. It’s ’s your money and your choice.
“Bitcon,” Mary Jane and the Dow all have the interest of the mob. I hate audiences but in the event you’re able to track what they are doing, all you have to do would be to do the opposite and you’re able to create a whole lot of money. After the fools following the 2568 versions of Bitcon have now been burned once more, their focus will be focused on something a lot more real than electronic Beanie Babies. I think gold and silver are going to run.

Honestly the holes either hit economical Carlin tier gold or Ethos walks from the home and Victory Metals works to the vanadium.
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Ethos had a vanadium job in BC they called the Pine Pass property. In December of 2018 they raised $1.96 million in stream through currency to drill Pine Pass. Subsequently the BC government notified them in March there may be a moratorium on mining from that region so Ethos suspended work within the house.
I’ve done really well over time investment in every lottery ticket together with Quinton Hennigh’s brand onto it. I’ve had to throw away a few that didn’t win the jackpot but who knows, someday they could. And that I ’ve done tremendously well on other people. As soon as I heard Quinton was an advisor to Ethos I wanted it. I have bought a reasonable number of shares in the open marketplace and participated in the past private placement as well.

USGS data from the 1970s reveal among the greatest concentrations in Nevada of pathfinder elements for Carlin style gold including arsenic, mercury and antimony. Quinton desired to put in deep holes 1994 however, his boss maintained that anything below 1000 ft was uneconomic. Since then Getchell drilled a 3,000 foot deep 10 million ounce deposit at Turquoise Ridge 30 miles north while Newmont drilled a 2,800 foot 10 million ounce job in Leeville, 50 miles to the east.

From the source stock exchange you have a great clue as to where you stand in the event you just follow quantity. If it’s large and stocks are quite easy to buy, you are nearing a shirt. If you’re able to ’t give stocks away and what is in a yearly low cost, you’re near at least a tradable bottom. That’s the time to buy.
From The Gold Report

While I love La Purisima, it’s good quality at a friendly country and oxide gold suitable for a heap leach, Ethos next job was that which made me a purchaser of shares in the open sector.

I’ve talked a Couple of times in the past about the meeting between Mark Creasy and Quinton Hennigh at Perth in 2009 which led to the production of Novo Resources. I was at the meeting but was another person, a long time friend, Craig Roberts who had been working with Cal Everett in the time.

)

Following the untimely passing of the company founder, Gary Freeman, Craig took over Ethos Gold (ECC-V). When you are chatting with anyone who claims to have a great deal of expertise in the gold and silver stock industry, ask them for a Gary Freeman story. If they don’t have you, they harbor ’t been around long. Gary Freeman was a personality. You never quite knew if you wanted to hug him or strangle him or do both at exactly the exact same time. He couldn’t walk into an area without becoming the center of attention. I miss him a whole lot.
The gem from the Ethos’ Crown as much as I am concerned is that the option for 50 percent of what they predict the Iron Point stone undertaking. The project is currently possessed by Victory Metals based by Paul Matysek and Collin Kettell. They drilled it as a vanadium project but it’s property with more than 20 million of prior drilling throughout the past 30 decades. Quinton Hennigh drilled over 20 years ago as a Carlin Style Deposit for 3 different groups but the drilling was way too shallow.

Ethos can make a 50% interest in the gold simply at Iron Point by spending $5 billion CAD over a three-year period. The company has budgeted $1 million to three deep pockets between 500 and 800 meters deep.
Disclosure:
I found enough about the excursion that matched Quinton’s theory which I became a believer. Nothing has ever changed my perspective since and I’ve spent with Quinton looking at jobs in Mexico to Tanzania into Japan to Aussieland.
The technical expression for a gold deposit for example La Purisima is a “Slamo, Dunko” at Spanish. I am able to translate for almost any readers not familiar in Spanish.
However, Gary had established the foundation for a good, perhaps great, junior resource provider in Ethos. Gary had founded Pediment Gold with Mel Herdrick and financed by Cal Everett and Craig Roberts.

Fed to Tank Dollar And Will Not Save the Stock Market

Sourced from: https://www.countingpips.com/2019/06/fed-to-tank-dollar-and-will-not-save-the-stock-market/

The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund’s remarks are his very own, and aren’t a recommendation or an offer to purchase or sell securities. Though a capable and skilled stock market analyst, Clive Maund isn’t a Registered Securities Advisor. Therefore Mr. Maund’s opinions on the marketplace and stocks can only be construed as a solicitation to purchase and sell securities when they’re subject to the previous approval and endorsement of a Registered Securities Advisor operating in compliance with the appropriate regulations in your area of jurisdiction.

Therefore, a key purpose for us to appreciate here is that a new rate reduction system from the Fed will get the dollar to drop difficult –and it is currently under threat from the move to de-dollarize from countries like China and Russia, that have been the subject of U.S. bullying and risks for a long time now. The Fed can’t have its cake and eat it too–whether it wants to go ahead and drop rates to rescue the stock market, fine, and the dollar will tank, and the stock exchange too into the bargain because lots of foreign investors facing money losses will pull their funds out of the usa.

Charts furnished by the writer.

Clive Maund has been president of www.clivemaund.com, a prosperous resource business site, since its inception in 2003.

Technical analyst Clive Maund discusses moves from the Fed and what they might mean for the U.S. buck and precious metals.

Instead what they are most likely to achieve by cutting rates is to cause a severe decline in the dollar, that until now has basked in its “king of hell” status, since although prices at the U.S. were historically low, they had been greater than at other places like Europe and Japan, and so money was attracted into the buck and U.S. investments. Pretty soon we’re likely to discover how attractive U.S. investments would be to foreigners once the dollar tanks.
It’s measure of just how delicate and precarious the situation is that the minute the markets seemed like they were on the brink of crashing again, which of course they were, the Fed moved to face it off by stating that they would start cutting rates. How things change as it was only late last year they were speaking about increasing rates three or four times annually. Basically what has happened is they have lost control they don’t control the markets, the markets command them. The reason that they gingerly elevated rates into last year was that they were trying to develop some “wiggle room” ahead of the next crisis–well, the next catastrophe is on our own doorstep, and they are already using up their now quite limited ammo.

That is why gold is strong now and the reason it is soon going to split abouve $1400 into a significant new bull market, and this is the reason we’ll be concentrating increasingly more on the very undervalued precious metals industry going forward.
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There’s a big difference between now and 2008, if they were able to drop rates from 5 percent to zero, since today they could simply drop them from approximately 2%. This discuss cutting prices and the true cutting of prices going forward is too little too late–the effects of the earlier high rates against a background of enormous debts and also of the transaction warfare are working their way through the machine, are a harmful juggernaut which won’t be halted by tinkering around with already very low interest prices. Thus the relief rally yesterday that is continuing this morning is expected to peter out and undo into the disadvantage before much longer.


By The Gold Report