Common Stock Warrants

Calibre Has Some Safety in the Storm

Source: Bob Moriarty for Streetwise Reports 03/01/2020 Bob Moriarty of 321gold discusses a company he sees as a safe haven amid economic chaos. Last week provided a glimpse into the future of the stock market. Only a glimpse. It is going to get a whole lot worse. On January 1, I said in an article I titled Beware the Stock Market, “As the Everything Bubble pops, the financial system will destroy most investors because they are unprepared.” Lest my readers misconstrue what I meant, I followed that up with another article on January 27 where I repeated, “Now would be a great time to be prepared for a disaster bigger than any in history.” The two biggest measures of metals stocks would be the XAU and HUI. Both peaked on the 24th of February and began to tumble. I wrote another piece a couple of days later and said, “The Greatest Depression is going to have negative effects on everyone. No one will escape entirely no matter how well prepared you are.” When the metals shares fell out of bed I got fifty emails essentially asking why I hadn’t warned my readers. Sigh!! One of the smartest people I follow thinks the stock market is going to drop by 50%. I like David Collum a lot but this time he’s dead wrong. Another very bright financial investor named John Hussman believes not only that the Fed is powerless, he says the stock market is going to collapse by 67%. Both … Continue reading

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Standard Lithium Closes Financing; Works Toward Completion of PFS

Source: The Critical Investor for Streetwise Reports 02/29/2020 In this interview, the Critical Investor and the company CEO delve into the “impressive” capital raise and what it means for the junior’s future. Building demonstration plant at Lanxess Project site After Standard Lithium Ltd. (SLL:TSX.V; STLHF:OTCQX) managed to arrange a CA$5 million (CA$5M; US$3.75M) convertible loan and guarantee agreement with Lanxess AG (LXS:DE) on Oct. 30, 2019, management hasn’t been sitting on its hands. On Feb. 26, 2020, the company announced that an ongoing capital raise, intended to raise CA$6M, was closed at no less then CA$12.1M. I found this to be very impressive, as sentiment for lithium developers has recovered slightly on the back of Tesla’s unexpected positive results and the following run-up of the share price of the car and battery manufacturer, but is still neutral to negative. The proceedings will be used for the ongoing development of the mentioned demonstration plant, which is capital intensive. All presented tables are my own material, unless stated otherwise. All pictures are company material, unless stated otherwise. All currencies are in U.S. dollars, unless stated otherwise. The original announcement on Jan. 30, 2020, mentioned a non-brokered private placement of up to 8 million special warrants, at a price of CA$0.75 per special warrant, for gross proceeds of up to CA$6M. On a side note: The financing being non-brokered is already impressive in itself, as Standard Lithium didn’t have to tap the brokers who usually dominate these financings. Each special warrant or unit … Continue reading

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Genesis Metals: Discovery Group Icons John Robins and Jim Paterson Taking a New Look at Chevrier

Source: The Critical Investor for Streetwise Reports 02/29/2020 In this Critical Investor guest post, Resource Maven Gwen Preston discusses developments with the company and its Quebec project. This article by Gwen Preston was originally published December 12, 2019, at Resource Maven. All pictures are company material, unless stated otherwise. Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) has been around for a decade. Over that time, it worked and dropped a few projects, but more importantly it found two projects that the team really liked. The bear market made it hard to raise capital so work programs were limited. The work that was done returned good results, good enough that a strong technical team took an interest in the company early this year. I should clarify: a few key people asked the technical team to take a look at the Chevrier project. Those people were John Robins and Jim Paterson, founders of the Discovery Group (Great Bear, Kaminak, Bluestone, Northern Empire, Fireweed, etc.). Genesis had long been associated with the Discovery Group because President Jeff Sundar has supported several of the group’s companies through a board position or similar, but GIS had not officially been part of the group until early 2019 when Paterson decided to rotate his Northern Empire winnings into the stock. Paterson cleaned up the market (i.e., bought up lots of the stock available for sale) and joined as an advisor. With him came a few other advisors and board members who strengthened the deal. And Paterson asked Rob Carpenter … Continue reading

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