The “cobalt story” is becoming increasingly familiar to metals investors. The explosion in the electric vehicle market has led to surging demand for the lithium-ion batteries that power these vehicles. In turn, battery-makers are scrambling to source sufficient supplies of the metals that go into these batteries.
In particular, the cobalt market is already showing signs of stress. With cobalt production almost exclusively (98%) a byproduct of copper and/or nickel mining, this makes increasing the supply of cobalt especially challenging. Compounding this issue, Tesla Motor’s CEO, Elon Musk, has famously stated his intention to use North American metals sources for all North American “Gigafactory” production.
From where will this additional cobalt come? One of the companies looking to answer that question is Cobalt Power Group Inc. (TSX: V.CPO, OTCQB: CBBWF, Forum), symbol “CPO”. Cobalt Power is seeking to develop prospective cobalt properties in Canada’s “Cobalt Camp”, situated in Northern Ontario, centering around the town of Cobalt, Ontario.
The Company’s flagship property is the Smith Cobalt Property, a land package which now totals 1,170 hectares in size. CPO has focused on developing this property, but is also busy adding additional properties that are prospective for cobalt exploration.
Stockhouse recently had the opportunity to sit down with the President and CEO of Cobalt Power Group, Dr. Andreas Rompel, to discuss CPO’s operations and its long-term strategy for unlocking market opportunities in the cobalt sector.
FULL DISCLOSURE: Cobalt Power Group Inc. is a paid client of Stockhouse Publishing.
Cannabis has come to Canada. It’s already here in terms of medicinal usage. It’s coming soon in terms of the recreational market. But cannabis is coming to the United States too. It’s evolution in the U.S. is on a state-by-state basis. However, because of the much larger American population, this already means even greater economic potential in the U.S. than for the entire Canadian market.
Just one state – California – represents a larger cannabis market than all of Canada. Recreational cannabis is already legal in California, along with seven other U.S. states.
This has lured a number of Canadian cannabis companies to base their operations in the U.S. One of these companies is Nutritional High International Inc (CSE: EAT, OTCQB: SPLIF, Frankfurt: 2NU, Forum) [symbol “EAT”]. As its name implies, one of EAT’s focal points is the high-margin market for cannabis edibles products. It’s equally involved in high-margin cannabis extracts.
In a Q&A from May 2017; CEO Jim Frazier discussed EAT’s cannabis business. At that time, Nutritional High’s U.S. operations were spread across four states. Along with the enormous California market, the Company is also active in Colorado, Illinois, and Oregon.
Today we interview David Posner, Chairman of Nutritional High. He’s looking to talk about acquisitions, joint ventures, and Nutritional High’s growth strategy.
FULL DISCLOSURE: Nutritional High International Inc. is a paid client of Stockhouse Publishing.
Las Vegas is well-known as a global party capital. Nevada is one of eight U.S. states that has fully legalized adult use of cannabis. It doesn’t take a genius to connect the dots on this business opportunity.
In terms of public companies, first out of the starting block in looking to capitalize on this opportunity is Friday Night Inc. (CSE: TGIF, FWB: 1QF, OTCQB: VPGDF, Forum). This Canadian-based cannabis company already has a significant foothold in this market, via its acquisition of Alternative Medicine Association (AMA).
AMA is a local, vertically integrated Las Vegas cannabis enterprise, with cultivation operations and a robust line of retail cannabis products. AMA is presently operating a 12,000 sq. ft. facility, with 5,000 sq. ft. devoted to cannabis cultivation. But not for long.
On August 25, 2017; Friday Night announced a Nevada land purchase agreement to acquire 1.39 acres of land already zoned for cannabis cultivation. The site is suitable for a 33,000 sq. ft. cultivation facility, providing up to 66,000 sq. ft. of canopy, in a two-tiered cultivation model.
On October 16, 2017; the Company announced that AMA has received preliminary approval by Clark County for this proposed facility. Final approval is anticipated by November 8th, at which time Friday Night will finalize its land purchase and move to quickly commence construction.
After a quiet summer where valuations pulled back, Canadian cannabis companies have recently been seeing stronger sentiment and rising valuations again. Today, Friday Night’s CEO, Brayden Sutton has checked in to provide the Stockhouse audience with an update on TGIF.
These are exciting days for Molori Energy Inc (TSX: V.MOL, OTCQB: MOLOF, Forum). After buying into some prospective leases in the Texas Panhandle, MOL has steadily and successfully built up production and reserves primarily by working over or rehabilitating older wells. This was a solid business in itself, but then came the discovery of real blue-sky potential: the Red Cave formation.
Red Cave is a geological formation situated above the conventional oil reservoirs in which the Company is currently drilling. Reviewing older geological data established that this formation is amenable to modern “fracking” technology. The significance of this is that Red Cave has the potential to deliver producing wells at pumping rates that dwarf Molori’s conventional operations – with (potentially) 600 drilling locations.
Testing the Red Cave has already commenced, and on September 27, 2017, success was announced with Molori’s M1 well, produced at an initial rate of 20 – 25 barrels of oil per day, without even factoring in the gas content.
That’s big news, but not the biggest recent news. Just in the past two weeks, Molori has made two blockbuster announcements. First, on October 17, 2017; Molori announced a new deal with its operating partner, Ponderosa Energy LLC. Under the terms of the deal, MOL is increasing its working interest in these Panhandle leases from 25% to 50%.
Then this week, Molori announced a deal to more than triple its Red Cave acreage. Along with this, the Company has announced a major, new Red Cave drilling program.
Molori’s CEO, Joel Dumaresq, has once again taken time out of his schedule to check in with the Stockhouse audience. We sat down with MOL’s head of operations to get an update on these three pieces of news.
FULL DISCLOSURE: Molori Energy Inc. is a paid client of Stockhouse Publishing.
Diamond exploration is a challenging business, a hunt for the proverbial “needle in a haystack”. Regional till sampling for kimberlite indicator minerals identifies broad areas of interest that often need multiple years of tighter spaced follow-up sampling to narrow down their source areas.
Airborne geophysical surveying can identify anomalies near these source areas. Ground geophysical surveying and drilling of these targets may then lead to discovery of kimberlite, the type of volcanic rock responsible for transporting diamonds to the surface from 150 km beneath the surface. It’s time consuming and expensive – with no guarantees of any success.
North Arrow Minerals Inc. is already assessing one “needle”: its Naujaat Diamond Project. That Project contains a population of unique fancy diamonds with a very rare orangey-yellow colour that commands a premium in the gem trade.
Now the Company is reporting its second “needle”: a new diamond discovery on NAR’s 100%-owned Mel Project. Mel is also located in Nunavut, on the Melville Peninsula, roughly 210 km northeast of Naujaat. On October 16, 2017; North Arrow announced that a 62.1 kg sample had returned 23 diamonds larger than 0.106 mm in size. One of those diamonds exceeded 0.85 mm.
New exploration has identified kimberlite over a length of 100 meters. This is one of several kimberlite indicator mineral (KIM) trains already identified within the Project boundaries. Equally important to the Company (and its shareholders), exploration results at Mel have been achieved very efficiently. Stockhouse recently had the opportunity to check in with NAR’s President and CEO, Ken Armstrong, to dig beneath the surface of the Company’s new discovery.
FULL DISCLOSURE: North Arrow Minerals Inc. is a paid client of Stockhouse Publishing.
These are exciting days for Global UAV Technologies Ltd (CSE: UAV, OTCQB: YRLLF, Forum). The Company just reported its first quarterly profit in only its second full quarter of operations. Powering UAV into the black was an 84% increase in revenues over the previous quarter.
A large part of the reason for this bottom-line success are the operations of one of UAV’s subsidiaries, Pioneer Aerial Services. Pioneer is an industry leader in providing its trademark UAV-MAG™ aerial surveys. Magnetometer surveying produces graphical representations which effectively “see” beneath the Earth’s surface. For this reason, such aerial surveying is of particular importance to the mining industry.
Pioneer has attracted an international reputation in the mining industry for the caliber of its imaging and has already conducted its surveys on three continents. The subsidiary recently broke new ground in signing its first contract for UAV-MAG™ surveying in South America.
However, this wasn’t the biggest news for Pioneer over the previous quarter. Last month it reported completing an aerial survey around Pearl Harbor, Hawaii.
With a profitable bottom line, an expanding sphere of operations, and this recent high-profile assignment, Pioneer Aerial is flying high. Stockhouse recently had the opportunity to talk with Michael Burns, the co-founder of Pioneer Exploration Consultants and now the Director in charge of operations for Pioneer Aerial.
FULL DISCLOSURE: Global UAV is a paid client of Stockhouse Publishing.
Taking a mine to production is not an easy feat. With depressed conditions in the mining sector in recent years, it has become especially challenging. So when a company announces it is preparing to construct a second mine, that’s big news.
That’s the news being reported last week by Teranga Gold Corporation (TSX: TGZ, OTCQB: TGCDF, ASX: TGZ, Forum). On September 7, 2017; the Company released a much-awaited Feasibility Study on its Banfora Project. Teranga’s operations are based in West Africa, a region currently producing many gold discoveries.
The Company’s flagship project is its Sabodala Gold Mine, located in Senegal. Sabodala is expected to generate $80 million in cash flow over the next two years, and a total of $230 million over the next five years. This puts Teranga in a solid position to fund development and construction of the Banfora Project – which has an estimated price tag of $232 million.
The Banfora Project is based in Burkina Faso, another West African nation. Burkina Faso boasts ten discoveries of 3 million ounces of gold or more in recent years. Banfora is reporting initial gold reserves of 1.2 million ounces. However, the Company is presently engaged in infill drilling, and expects to produce an updated reserves estimate in the first half of 2018.
Stockhouse recently caught up with Teranga’s CEO, Richard Young, to get the latest news on the Banfora Project as well as an update on overall operations.
FULL DISCLOSURE: Teranga Gold Corp. is a paid client of Stockhouse Publishing.
Lasers in healthcare? It’s old news. From laser eye surgery to pain management, laser technology has already made a big impact on the healthcare industry.
Using lasers to cure cancer? That’s a different story. Laser technology has been introduced to help treat cancer, in various ways. Theralase Technologies Inc. (TSXV: TLT, OTCQX: TLTFF, Forum) is going beyond these therapies – way beyond.
The Company’s proprietary laser technology is currently being tested to not merely treat cancer, but to destroy certain forms of cancer. Here it is important to note that this research is targeting internal forms of this dreaded disease that currently provide poor options (and outcomes) for patients.
The Stockhouse audience has already been introduced to Theralase, in a feature article from April 13, 2017. That article posed the question, “Is a Trojan Horse the key to curing cancer?”
Lasers, Trojan Horses, curing cancer – pretty exciting stuff.
The important point for investors is that this is not merely theoretical. TLT has already advanced well beyond the “pre-clinical testing phase”, involving non-human test subjects. The Company is now into full clinical testing – human testing. This is the final “proof of concept” work which is necessary before obtaining regulatory approval and being able to take its potentially revolutionary technology to market.
Stockhouse recently had the opportunity to sit down with the Company’s President and CEO, Roger Dumoulin-White, to hear about the latest developments with this cutting-edge healthcare technology.
FULL DISCLOSURE: Theralase Technologies Inc. is a paid client of Stockhouse Publishing.
Molori Energy Inc. (TSX: V.MOL, OTCQB: MOLOF, Forum) is a junior oil-producer with established production and reserves in the Texas Panhandle. The Stockhouse audience is rapidly becoming familiar with the Molori story.
On June 1st, Stockhouse published a feature article on the Company. That original piece pointed to MOL’s strong growth profile in both production and revenues since it started working its Panhandle leases. More importantly, investors were alerted to the additional blue-sky potential, Molori’s low risk exploration drill program for these operations.
I spoke with Molori’s CEO Joel Dumaresq on July 17th where we got an update on what Molori has dubbed “a Company game-changer”: the Red Cave exploration drill program. In addition, Molori’s CEO summarized the compelling metrics on the Red Cave formation.
Today, Joel Dumaresq is back, having announced on August 9th that the first of MOL’s three Red Cave wells was permitted and will soon be spudded with results anticipated by the end of August. As MOL launches its much-anticipated Red Cave drilling, Molori’s CEO is here to provide greater detail on the next step in the Company’s Texas growth strategy.
FULL DISCLOSURE: Molori Energy Inc. is a paid client of Stockhouse Publishing.