Critical Survey: Blackrock Capital Investment (BKCC) versus DIGIPATH INC/SH SH (DIGP) PressOracle DIGIPATH INC/SH SH (OTCMKTS:DIGP) and Blackrock Capital Investment (NASDAQ:BKCC) are both small-cap medical companies, but which is the better … … Continue reading →
What Lies at the End of the Rainbow for Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF)? The Oracle Dispatch We have become bullish on shares of Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) as of a couple weeks ago. The stock was dashed lower … … Continue reading →
Source: Streetwise Reports 01/10/2019 Discoveries, 2019 exploration plans and financings fill the agenda for this gold explorer/developer that has the attention of numerous analysts. From new targets at prime locations to major multi-million-dollar financings, Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) begins 2019 with many projects in the works. New Target at Iskut In late December 2018, the company announced that summer drilling at its 100%-owned Iskut Project in northwestern British Columbia “encountered the hallmarks of a large copper-gold porphyry system.” The company zeroed in on the Quartz Rise lithocap in 2018. Specifically, it focused on testing for high-grade epithermal precious metal occurrences associated with the uppermost portion of a porphyry mineral system. The drill results indicated that most of the Quartz Rise lithocap had eroded. The company noted that hydrothermal breccia (diatreme) discovered in holes QR-18-14 and 17 confirmed that a porphyry source for the lithocap was nearby. Seabridge Chairman and CEO Rudi Fronk noted, “We acquired Iskut in 2016 because it showed clear evidence of a large porphyry system similar in age and geology to our KSM project 30 kilometers to the east. Our view was that the Iskut porphyry was likely too deep to be our primary target and we therefore focused initially on finding a lithocap-hosted epithermal top of the porphyry system. We have since learned that this target is probably not viable in the Quartz Rise area due to erosion. However, we are very excited to find that this same erosion has given us the opportunity to … Continue reading →
Source: Streetwise Reports 01/10/2019 The developer noted the new results complement previous ones from fine grinding and leaching tests. Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX) announced in a news release that metallurgical testing on two 2.5-ton high-grade samples from the Mt. Todd project confirmed previous findings. Specifically, high-pressure grinding roll crusher testing showed “increased concentration of gold in the fine fraction,” the release noted. Ore sorting revealed that sorting of higher-grade ore results in proportionally less gold being lost in the rejected material. “These tests confirm the value-adding benefit of ore sorting for the Mt. Todd gold project in Australia and demonstrate lower gold losses with higher-grade crusher feed,” President and CEO Frederick Earnest said in the release. “We expect that these results will support additional improvements in the economics of the Mt. Todd gold project.” Those economics are expected in an updated preliminary feasibility study in Q2/19, following completion of additional fine grinding and leaching tests in Q1/19. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news Disclosure: 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 companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. 3) Comments and opinions expressed are … Continue reading →
Further Metallurgical Testing on Australian Gold Project Ore Confirms Prior Findings Read More »
Source: Streetwise Reports 01/10/2019 A lithium-focused company adds land at its major projects and submits permit applications. Piedmont Lithium Ltd. (PLL:NASDAQ; PLL:ASX), a lithium-focused energy company, recently announced that it has increased its exploration land position, bringing it to a total of 1,383 acres. The company’s flagship project is the Piedmont Lithium Project in North Carolina. Piedmont Lithium’s goal is to become “a strategic domestic supplier of lithium to the increasing electric vehicle and battery storage markets in the U.S.” According to management, the property expansion highlights are as follows: Properties within the Carolina Tin Spodumene Belt (122 acres). Preferred locations for its concentrator and mine infrastructure (49 acres). Land position at Piedmont Lithium Project increased by 15% to 1,383 acres. Core Property expanded by 93 acres or 18% to a total of 622 acres. Contiguous land acquisitions are along strike. Mineral resource drill targets are being finalized and will be incorporated in upcoming Phase 4 Drill Program. All deals structured as options or deferred purchases to minimize upfront cash outlay. In the map below, the navy blue areas reflect the Piedmont Lithium project. The red areas represent the company’s new land holdings. Source: Piedmont Lithium In additional to the expansion, Piedmont Lithium also controls a 60-acre parcel in Kings Mountain, North Carolina, for the site of its planned chemical plant. “Piedmont is ideally positioned to deliver leverage on rising lithium prices.” – Brien Lundin, Gold Newsletter President and CEO Keith Phillips said, “We continue to pursue our strategy of … Continue reading →
Lithium Explorer Expands North Carolina Properties by More Than 600 Acres Read More »
Source: Streetwise Reports 01/10/2019 A CIBC report reviewed the miner’s recently announced Q4/18 production and cost figures. In a Jan. 4 research note, CIBC analyst Bryce Adams reported that Leagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) met its revised full-year 2018 production guidance of 295–305 Koz with actual production of 302.6 Koz. Q4/18 production alone, of 93.8 Koz, was consistent with CIBC’s estimate of 93.7 Koz. Specifically, the Los Filos mine outperformed in Q4/18, producing 58.2 Koz versus CIBC’s forecasted 55.3 Koz. Fazenda delivered 19 Koz and Pilar, 11.6 Koz, generally in line with CIBC’s projections. RDM’s production of 4.9 Koz, however, came in lower than the expected 7.4 Koz. Looking forward, Leagold is expected to announce results of a technical study of a possible carbon-in-leach plant for the underground ore at Los Filos. As for costs, Leagold reported the all-in sustaining cost (AISC) for full-year 2018 will be around $979 per ounce. Accordingly, CIBC revised its AISC estimates on the company, to $986 per ounce for full-year 2018 and $1,008 per ounce for Q4/18. Having updated its model to reflect new Q4/18 production and cost figures from Leagold, CIBC now projects for Q4/18 an earnings per share of $0.00 and a cash flow per share of $0.06, both up by $0.05 per share. CIBC has an Outperformer rating and a CA$3.50 per share price target on Leagold, whose current share price is CA$1.92. Read what other experts are saying about: Leagold Mining Corp. Sign up for our FREE newsletter at: www.streetwisereports.com/get-news … Continue reading →
Revised 2018 Model on Gold Producer Reflects ‘Better Costs, Upward Earnings’ Read More »
Source: Streetwise Reports 01/10/2019 The reasons behind the oilfield services company’s move, along with projections for 2019, are explored in a Raymond James research report. In a Jan. 7 research note, Raymond James analyst J. Marshall Adkins reported Hi-Crush Partners L.P. (HCLP:NYSE) decided to suspend its quarterly distribution, likely long term, due to the decreased volumes and price deterioration it is experiencing along with oil price uncertainty. The drop in the company’s volumes was 25% in Q4/18 compared to Q3/18, lower than expected. It is attributed to a reduction in the number of completions due to a declining oil price, operators maxing out their year’s budget and a resulting “significant” sand oversupply, Adkins explained. “One of the more significant investor concerns regarding Hi-Crush has been the potential for contracts to be renegotiated during the current bout of weakness,” he added. For example, management is currently renegotiating its Kermit mine contracts. With margins per ton falling by about $20 per ton at Kermit, sales of Kermit sand will yield about $96 million of EBITDA in 2019, Raymond James estimates. As for the future direction of Hi-Crush’s Northern White sand margins, it remains unclear, Adkins noted. On one hand, they are decreasing due to the overall slowing. Raymond James forecasts less overall Northern White tonnage this year, at 5.6 million tons compared to 7.4 million in 2018. “Overall, we currently model in-basin sand pricing falling about 20% in 2019 year over year, compared to a roughly 40% drop in Northern White pricing,” … Continue reading →
Sand Producer to Halt Distribution on Weakening Market Conditions Read More »
Special Situations Investing: If you can profit from crisis, you won’t remain the average Joe Economic Times Among many disruptions, regulatory change can prove to be a big one. … Continue reading →
Head to Head Review: Capgemini (CGEMY) and Blackrock Capital Investment (BKCC) Fairfield Current Capgemini (OTCMKTS:CGEMY) and Blackrock Capital Investment (NASDAQ:BKCC) are both business services companies, but which is the better stock? … Continue reading →
On February, 11 VistaGen Therapeutics, Inc. (VTGN) EPS Estimated At $-0.30 Z Tribune On February, 11 is expected VistaGen Therapeutics, Inc. (NASDAQ:VTGN)’s earnings report, Zacks reports. Analysts forecast 25.00 % diference or $-0.30 from … … Continue reading →
On February, 11 VistaGen Therapeutics, Inc. (VTGN) EPS Estimated At $-0.30 – Z Tribune Read More »
