Common Stock Warrants

Company’s Share Price Takes a Hit, and This Investor Wonders Why

Common Stock Warrants, The Gold Report /

Source: Peter Epstein for Streetwise Reports 08/24/2019 The market sold off on news from this junior miner operating in British Columbia’s Golden Triangle, and Peter Epstein of Epstein Research questions the logic. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) recently announced results from the first shipment of drill core from its 2019 drill program at the Forrest Kerr gold project in the Golden Triangle (GT) of British Columbia, Canada. Results from three of ten completed drill holes were reported. Nothing too exciting in the assays, the best intercept was 61.7 meters of 0.46 g/t gold (August corp. presentation). The market spoke, and it spoke loudly. The press release was not well received. But why such a negative response? Shares plummeted to $0.135, down 27%, before ending Wednesday at $0.155, and dropping a penny on Thursday to $0.145. Trading volume of 3 million shares was the heaviest of the year. I would have expected something like this if the company was out of cash, with no more results pending. But that’s simply not the case, Aben remains well funded. Eric Sprott is the largest shareholder. (Note: In the remainder of this piece I suggest that Aben’s share price [could, might, possibly, potentially] rebound from $0.145. However, I don’t know when or if this will happen, or how much of a rebound is likely.) First and foremost, we need to see one or more strong drill holes reported in September, October or November. This remains quite possible because the zones being drilled are still … Continue reading →

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Bob Moriarty: Resource Companies to Look at in Times of Financial Turmoil

Common Stock Warrants, The Gold Report /

Source: Maurice Jackson for Streetwise Reports 08/19/2019 Bob Moriarty of 321 Gold explains why he believes the financial outlook is dismal and discusses a handful of resource companies that are on his radar. Maurice Jackson: Joining for us for a conversation is Bob Moriarty, the founder of 321Gold and 321Energy. Glad to have you back on the program and long overdue, I might add, sir. We have a number of topics to address, so let’s get right to it. Earlier, you wrote a musing entitled “We Should Let The Banks Burn Down.” Ladies and gentlemen, this is a must read. If you’re trying to make some sense of the dire global financial situation and the direct implications it will have on you and your family, Bob, you’re a big thinker and you have a unique ability to condense a complicated subject into any easy, concise reading. You’re also very strategic, so I know there’s a method to your genius. Readers could literally take that narrative into 18 different subjects. What compelled you to write this musing right now? Bob Moriarty: I started thinking about the banks and I started thinking about 2008. We had a chance to fix the system in 2008, but we needed to let AIG collapse. We needed to let the banks collapse. We needed to start all over. Now, where this idea came from that you have to keep the crooked banks going is just beyond me. Let me give you an example, and I can’t … Continue reading →

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How To Invest And Prosper With Warrants

Common Stock Warrants, Dudley's Reports, News-Blog, Stockhouse /

April 25, 2019 Stockhouse Editorials Note from Dudley at CommonStockWarrants.com I just stumbled on this article on the Stockhouse website and thought it worthy of bringing to your attention as it is always good to see others writing about warrants besides myself. While I would take exception to one or two points in the article, basically it is a good article and useful to all investors. Direct Link Article On Stockhouse Warrants (“share purchase warrants”) are a financial instrument that can be an important tool for boosting investment returns. For novice investors, this begs the question: what is a warrant? A warrant is a form of stock option that comes into existence most commonly via the private placement process (for further general details here, please see Private Placements 101). Typically, when a company offers a large block of shares to finance a private placement, participating investors also receive share purchase warrants as an incentive for participation in the financing. The most common structure in these private placements is for ½ of a share purchase warrant to accompany each common share (each “unit”) purchased in the private placement. Occasionally, companies will offer a full warrant with each common share. These share purchase warrants entitle the holder to acquire an additional common share at a fixed price (known as the execution price), for a fixed period of time. The way that investors can prosper from the acquisition of these warrants is simple. If the share price for the offering company rises above the … Continue reading →

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Stocks No Bid – Gold No Offer

Common Stock Warrants, Dudley's Reports, Gold Switzerland, News-Blog /

STOCKS NO BID – GOLD NO OFFER July 25, 2019 by Egon von Greyerz It is not difficult to understand Cassandra’s enormous frustration. She was given the gift of accurately predicting important events and her curse was that no one would believe her. Some of us are certain that we can now see the biggest bubbles in economic history coming to an end with totally devastating effects for the world. But like Cassandra, we are also cursed since more than 99.9% of the world’s population would not believe our predictions. The problem is that this time it will not only involve the biggest wealth destruction in history but also lead to major problems in society with mass unemployment, no social security, no pensions, breakdown in law and order, social unrest, civil war and geopolitical conflict. Reading these very dark predictions, I can understand that most people want to stick their head in the sand and ignore these dire forecasts. Obviously I would also hope that all these predictions are false and won’t come to pass. But as Winston Churchill said: “THE TRUTH IS INCONTROVERTIBLE, MALICE MAY ATTACK IT, IGNORANCE MAY DERIDE IT, BUT IN THE END THERE IT IS” The problem is of course that the truth will often only be known after the event. I wrote about Cassandra back in June 2017 and have over a very long period tried to warn anyone who is willing to listen about the risks and the events that will affect us all. We are obviously … Continue reading →

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Chuck E. Cheese Will Soon Be Publicly Traded

Blank Check Company, Common Stock Warrants, Dudley's Reports, News-Blog, SPAC, Special Purpose Acquisition Corporation /

I dare say that every parent, grandparent, aunt and uncle, everyone, has been to a Chuck E. Cheese somewhere in the world. Chuck E. Cheese will soon be completing a merger with Leo Holding Corp., a blank check company, sometimes referred to as a Special Purpose Acquisition Corporation – (SPAC) which will allow CEC to become a publicly traded company. Upon the completion of this business combination, the new name will be Chuck E Cheese Brands, Inc. and new symbols will be issued for trading. Leo issued a press release announcing that it has scheduled the extraordinary general meeting of its shareholders to approve the Business Combination for July 30, 2019. However, I caution investors, until this merger is finalized issues can still arise, and until the deal is done, the deal is not done. Leo Holding Corp. currently trades as LHC on the New York Stock Exchange as do the stock warrants which trade as LHC.WS. Soon investors will have another restaurant and entertainment company trading which might represent an attractive opportunity depending upon your personal investment objectives. My fascination and purpose in writing this article is that Leo Holding Corp. has stock warrants trading which will become stock warrants of the new company which may be of interest to many investors. Currently in our databases, there are 66 blank check companies trading and with each company there is a stock warrant trading which was issued in the initial offering of the blank check company. All of these 66 … Continue reading →

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Some Fool Just Sold These Stock Warrants

Common Stock Warrants, Dudley's Reports, News-Blog /

July 15, 2019 By Dudley Pierce Baker Founder – Editor http://CommonStockWarrants.com I’m going to vent for a moment……. This morning before the markets opened I saw that stock warrants on one of my favorite companies had an Ask Price of $C0.16 and 75,000 warrants available. Meaning I could have bought 75,000 warrants at C$0.16. Well I got busy and missed this trade but I am wondering, what fool sold these warrants? Surely not one of my savvy subscribers. I own a whole bunch of these warrants and while I really don’t need to own more, why not, por que no, as I see these warrants selling at substantially higher before they expire in October 6, 2021. To be specific the stock warrants are on Equinox Gold, TSXV:EQX and EQX.WT The warrants expire on October 6, 2021 and have an exercise price of C$3.00 I love this story and legendary Ross Beaty now heads up the company as Chairman of the Board and currently owns over 66 million shares and 3 million of these stock warrants. Gold production is anticipated to be over 200,000 oz by years end and I am looking for the gold market to explode to the upside over the next year or two, probably much sooner. Of course, with higher gold prices for a producer the revenue goes to the bottom line. Our colleagues at TheTechnicalTraders are very bullish as well and they approach the markets from a technical perspective. Their last article should be of interest … Continue reading →

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Company Named ‘Top Small-Cap Growth Story’

Common Stock Warrants, The Energy Report /

Source: Streetwise Reports 07/06/2019 The reasons for the positive outlook are given in a Raymond James report. In a July 3 research note, analyst Praveen Narra reported that Raymond James maintained its Strong Buy rating but reduced its target price on Newpark Resources Inc. (NR:NYSE) to $12 per share from $13 (current share price about $7.18) due to the “softer U.S. oilfield and rig count.” Due to the market change, Narra noted that Raymond James now conservatively estimates a Q2/19 EBITDA of $22.5 million, a 10% reduction in 2019 EBITDA and a 9% drop in 2020 EBITDA. For Newpark, the financial services firm lowered its Q2/19 margin projection by 5% and its year-end 2019 margin by 6%. However, the analyst highlighted that growth is expected in all of Newpark’s divisions, thereby increasing margins. The company’s fluids segment, he wrote, “still has room for margin expansion as new Gulf of Mexico work and international contracts should offer strong incremental margins.” Margins should see a boost from the company’s move into stimulation chemical sales, from which it achieved its first revenue in Q2/19. “The fruits of the fluids expansion are beginning to pay off,” Narra indicated. “We model about $80 million in stim/chem sales for 2020.” The shift in its composite mats segment, which serves utilities, toward larger transmission and distribution (T&D) customers, once the transition ends, should also positively impact margins due to higher volume and longer term contracts. “For 2020, we expect topline growth of 15.2% year over year as … Continue reading →

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Deadly Mine Collapse in the DRC to Have Repercussions

Common Stock Warrants, The Gold Report /

Source: Streetwise Reports 06/29/2019 The potential effects of the event on the copper market and the project’s major joint venture partner are outlined in a BMO Capital Markets report. In a June 27 research note, BMO Capital Markets analyst Ed Sterck wrote that the fatal mine collapse from suspected illegal mining at the KOV open pit at the Kamoto Copper concession in the Democratic Republic of the Congo will impact Glencore International Plc (GLEN:LSE) and the copper market. News reports indicated at least 36 people died in the accident. Kamoto is a partner with Glencore in the Katanga joint venture, Glencore holding a majority 64.75% interest. Katanga accounts for about 14% of Glencore’s net present value. The joint venture is projected to produce 269,000 tons of copper and about 24,000 tons cobalt in 2019. Although uncertain, the KOV mine is thought to supply about two-thirds of the ore processed at Katanga. Sterck purported that if the mine collapse was related to illegal mining then it could impact production there but only short term after an investigative period. However, “preventative action will likely be needed, and it could impact Glencore’s social license to operate.” More certain, the analyst pointed out, is the effect the event will have on the copper market, already suffering this year. “We see the market as very sensitive to further supply disruptions such as this.” Due to rainfall in South America’s Atacama Desert, cuts in Zambia and the ongoing strike at Chuquicamata in Chile, the annualized rate … Continue reading →

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Gold Price Signals Next Global Crisis

Common Stock Warrants, Dudley's Reports, GoldSwitzerland, News-Blog, The Warrant Report /

GOLD PRICE SIGNALS NEXT GLOBAL CRISIS June 27, 2019 by Egon von Greyerz Finally it happened although it took 6 long years to break through The Gold Maginot Line at $1,350! This resistance was a lot stronger than the original French one in WW II since it took the Germans less than a year to penetrate it in 1940. But we must remember that the rising gold price is a warning signal for the coming economic crisis. In my article on February 14th I said. “No one must believe that the line will hold. It is extremely likely to be penetrated conclusively in 2019 and most probably within maximum the next three months.” It took four months for the break to happen so I was one month out. Still it had to happen. I also said in the article that: “once it is broken, the correction of gold is finally over and we are on our way to new highs and much beyond.” So that’s where we are today. The break has now finally taken place and I doubt that we will see $1,350 decisively broken on the downside in my lifetime. The 6 year resistance line has now become an extremely strong support line. Yes, gold will go quickly to $1,650+ on its way to new highs and far above that. As I have said many times, we will see levels that no one can imagine today. GOLD RALLY HAS BARELY STARTED The precious metals rally hasn’t really started yet. Gold … Continue reading →

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