The QualityStocks Daily Tuesday, October 1st, 2024

Today's Top 3 Investment Newsletters

360 Wall Street(UAVS) $0.1582 +68.12%

MarketClub Analysis(INDO) $3.7400 +57.81%

QualityStocks(CNF) $1.9461 +55.69%

The QualityStocks Daily Stock List

CNFinance Holdings (CNF)

StockEarnings, StreetInsider, TradersPro, The Stock Dork, StocksEarning, QualityStocks and MarketBeat reported earlier on CNFinance Holdings (CNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

CNFinance Holdings Limited (NYSE: CNF) is a loan service provider that is engaged in the provision of home equity loan services.

The firm has its headquarters in Guangzhou, the People’s Republic of China and was incorporated in January 2014. The firm serves consumers in China.

The enterprise’s main target segment is small and micro-enterprise owners who possess properties in Tier 2 and Tier 1 cities across China. Its objective is to serve its target borrowers by offering them tailored services and facilitating home equity loans. Geographically, the enterprise has an operation in PRC. It generates its revenue in the form of financing service fee and interest on loans and interest on deposits with banks.

The company also provides loan lending agency services for financial institutions as well as bridge loan products, which are unsecured short-term loans that help borrowers to pay off existing loans secured by property. It operates a network of nearly 40 sub-branches and branches in various cities in China and over fifty sub-branches and branches in the Yangtze River Delta region. The company’s risk mitigating system is integrated in their loan product design and is supported by offline and online processes which focus on the risks of collateral and borrowers. This is enhanced by an efficient post-loan procedure.

CNFinance Holdings (CNF), closed Tuesday's trading session at $1.9461, up 55.688%, on 1,184,620 volume. The average volume for the last 3 months is 103,376 and the stock's 52-week low/high is $0.86/$4.10.

Yiren Digital (YRD)

VectorVest, StreetInsider, StocksEarning, StockEarnings, MarketBeat, Zacks, The Street, TradersPro, InvestorPlace, BUYINS.NET, QualityStocks, MarketClub Analysis, Trading Concepts, FreeRealTime, Cabot Wealth, Investing Futures, Short Term Wealth, StockMarketWatch, The Stock Dork and Seeking Alpha reported earlier on Yiren Digital (YRD), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Yiren Digital Ltd. (NYSE: YRD) (FRA: 19YA) operates as an online consumer finance marketplace that connects investors and borrowers in China.

The firm has its headquarters in Beijing, the People’s Republic of China and was incorporated in March 2012 by Ning Tang. Prior to its name change in September 2019, the firm was known as Yirendai Ltd. The firm is a subsidiary of Creditease Holdings Ltd and operates as part of the financial sector, under the financial services industry in the specialty finance sub-industry.

The company operates through the Grade I, Grade II, Grade III and Grade IV segments. It carries out its operations in the country through Heng Cheng Technology Co. Ltd, which is its consolidated variable interest entity; and Yi Ren Heng Ye Technology Co. Ltd.

The enterprise’s online marketplace provides vertical and express loan products as well as standard loan products to borrowers. These products can be used in continuing education, travel and home remodels. It also offers post-origination services like SMS services, cash collection and processing, as well as loan facilitation services. The enterprise’s loan products portfolio includes secured consumer loans and unsecured consumer loans. In addition to this, the enterprise provides online investor education services, customer support, system maintenance and IT services and other training programs on consultancy information technology support, investment strategies, market insights and wealth planning.

Yiren Digital (YRD), closed Tuesday's trading session at $7.3, up 28.2953%, on 945,549 volume. The average volume for the last 3 months is 1.19M and the stock's 52-week low/high is $2.16/$7.4499.

LexinFintech Holdings (LX)

Kiplinger Today, MarketBeat, InvestorPlace, StreetInsider, Trades Of The Day, BUYINS.NET, StockMarketWatch, Daily Trade Alert, Schaeffer's, Zacks, StocksEarning, Top Pros' Top Picks, Trading Concepts, FreeRealTime, QualityStocks, The Online Investor, MarketClub Analysis, The Street, InvestorsObserver Team and Wealth Insider Alert reported earlier on LexinFintech Holdings (LX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

LexinFintech Holdings Ltd (NASDAQ: LX) (FRA: 1LFA) is a holding firm which is engaged in the provision of online consumer financial services.

The firm has its headquarters in Shenzhen, the People’s Republic of China and was incorporated in 2013, on November 22nd by Qian Qiao and Wen Jie Xiao. Prior to its name change in March 2017, the firm was known as Staging Finance Holding Ltd. The firm has eight companies in its corporate family and serves consumers in China.

The company integrates Fenqile, its e-commerce-driven installment finance platform, with its online investment platforms, dubbed Dingsheng and JuziLicai, and advanced risk management technologies, to create a comprehensive consumer finance ecosystem.

The enterprise operates a membership platform known as Le Card, which provides benefits, savings and membership privileges to the leisure, hospitality, apparel, beverage and food sectors; and a consumption and consumer finance platform known as Fenqile.com, which offers online direct sales with installment payment terms, as well as providing personal installment loans, installment purchase loans and other loan products. It also uses technologies like artificial intelligence, cloud computing and big data to allow the instant matching of user funding requests with offers from its many funding partners on the JuziLicai online investment platform. These partners include consumer finance companies, 3rd party commercial banks and other licensed financial institutions.

LexinFintech Holdings (LX), closed Tuesday's trading session at $3.45, up 26.8382%, on 15,107,299 volume. The average volume for the last 3 months is 777,503 and the stock's 52-week low/high is $1.56/$3.465.

Houston American Energy (HUSA)

Wall Street Resources, UndiscoveredEquities, Jason Bond, StockMarketWatch, MarketClub Analysis, QualityStocks, MarketBeat, StocksEarning, Prism MarketView, The Street, TheStockfather, Stock Analyzer, TradersPro, MonsterStocksPicks, Stock Stars, INO Market Report, BUYINS.NET, Dynamic Wealth Report, StreetInsider, InvestorPlace, Greenbackers, Daily Trade Alert, Mega Stock Pick, Mega Stock Picks, OTCPicks, PennyPro, PoliticsAndMyPortfolio, Promotion Stock Secrets, The Online Investor, TopPennyStockMovers, Trades Of The Day, Trading Markets, UltimatePennyStock and PowerRatings Stocks reported earlier on Houston American Energy (HUSA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Houston American Energy Corp. (NYSE American: HUSA) is an independent energy firm focused on the acquisition, exploration, development and production of condensate, crude oil and natural gas properties.

The firm has its headquarters in Houston, Texas and was incorporated in 2001, on April 2nd. It serves consumers in South America and the United States Gulf Coast region.

The company’s gas and oil operations and assets are mainly found in the onshore Gulf Coast region, especially in Louisiana, Texas and Colombia. It manages its resources via divestitures and acquisitions. Its development and exploration projects are focused on future acquisition of more property interests in South America and in particular, Colombia, as well as the Texas Permian Basin, Louisiana and the onshore Texas Gulf Coast region. It is also focused on its existing property interests. The company also holds some acreage in Oklahoma.

The enterprise’s exploration and producing properties in Texas comprise of the Matagorda County while its properties in Louisiana include the Jefferson Davis Parish, the Assumption Parish, the Iberville Parish, the Vermilion Parish, the Plaquemines Parish and the East Baton Rouge Parish. As of December 2020, the enterprise owned interests in 4 gross wells, with reported proved reserves of over 115,000 barrels of oil equivalent.

Houston American Energy (HUSA), closed Tuesday's trading session at $1.33, up 20.9091%, on 14,261,462 volume. The average volume for the last 3 months is 3.686M and the stock's 52-week low/high is $0.9606/$2.81.

Vertex Energy (VTNR)

MarketClub Analysis, Wall Street Resources, TradersPro, Schaeffer's, QualityStocks, InvestorPlace, MarketBeat, TraderPower, Investopedia, Zacks, Daily Trade Alert, Trades Of The Day, Money Wealth Matters, Money Morning, BUYINS.NET, FeedBlitz, Investing Futures, Market FN, Marketbeat.com, AnotherWinningTrade, Wealth Insider Alert, Short Term Wealth, Stock News Now, Stock Research Newsletter, StockOodles, The Best Newsletters, The Street and Weekly Wizards reported earlier on Vertex Energy (VTNR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Vertex Energy Inc. (NASDAQ: VTNR) (FRA: 5VE) is an environmental services firm that is engaged in the provision of various services designed to amass, process and recycle commercial and industrial waste systems in the Central Midwest and Gulf Coast regions of the U.S.

The firm has its headquarters in Houston, Texas and was incorporated in 2001 by Benjamin P. Cowart. It operates in 3 segments, namely, the recovery, refining and marketing and black oil segments.

The recovery segment is engaged in the sale of non-ferrous and ferrous recyclable metal products as well as the marketing of various petroleum-based products, including group 3 base oils. It also offers marine salvage and transportation services. On the other hand, its refining and marketing segment is engaged in the sale of end products like fuel oil cutter stock, pygas and gasoline blendstock to petroleum blending and trading firms or oil companies. The black oil segment buys used motor oil from 3rd party generators and is also involved in the sale of used motor oil to consumers as replacement fuel for industrial burners or feedstock. It is also engaged in the production and sale of base oil products to lubricant distributors and packagers; and vacuum gas oil products to marine fuels markets and refineries.

Vertex Energy (VTNR), closed Tuesday's trading session at $0.1338, up 15.7439%, on 20,037,364 volume. The average volume for the last 3 months is 89,112 and the stock's 52-week low/high is $0.1011/$5.035.

Gold Reserve, Inc. (GDRZF)

QualityStocks, MarketBeat, OTC Markets Group and Equities.com reported earlier on Gold Reserve, Inc. (GDRZF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

OTCQX-listed, Gold Reserve, Inc. acquires, explores, and develops mining projects. The Company has a history in mining dating back to 1956 and established for the purpose of acquiring, exploring, and developing mining properties and placing them into production. An exploration stage enterprise, Gold Reserve is headquartered in Spokane, Washington.

The Company’s goal to successfully develop proven and probable reserves through making selective property and/or corporate acquisitions. In 1992, Gold Reserve acquired and started developing what is now known as the Brisas gold and copper project in the historic Km 88 mining district of the State of Bolivar in southeastern Venezuela. The Brisas deposit contains ore reserves of 10.2 million ounces of gold and 1.4 billion pounds of copper.

Gold Reserve announced in 2018 that the mixed company Empresa Mixta Ecosocialista Siembra Minera S.A. (SM), owned 45 percent by Gold Reserve and 55 percent by the Bolivarian Republic of Venezuela, received the Permit to Effect for the Siembra Minera Gold Copper Project (SM Project) from the Venezuelan Ministry of the Environment. The Permit to Effect permits site clearing, construction of a temporary camp and warehouse facilities, drilling of dewatering and development drill holes, construction of access roads on the property, and opening of the quarry for construction aggregates.

Gold Reserve completed a positive NI-43-101 compliant Preliminary Economic Assessment (PEA) on the Siembra Minera project in 2018. It also completed preliminary design and cost estimates and related tailings dam facilities for the Small Plant. In addition, the Company began activities associated with the preparation of a Venezuela Environment Impact Statement (VEIS) and International Environmental and Social Impact Assessment (IESIA), collected a surface saprolite material sample for transport to the U.S. for metallurgical testing and acquired the permit to effect the environment for the Siembra Minera Project (Permit to Effect) from the Venezuelan Ministry of the Environment.

Gold Reserve, Inc. (GDRZF), closed Tuesday's trading session at $1.82, up 12.3457%, on 234,912 volume. The average volume for the last 3 months is 449,187 and the stock's 52-week low/high is $1.31/$4.92.

Ermenegildo Zegna (ZGN)

MarketBeat, MarketClub Analysis, DividendStocks, TradersPro, Schaeffer's and Early Bird reported earlier on Ermenegildo Zegna (ZGN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Ermenegildo Zegna N.V. (NYSE: ZGN) (FRA: JN0) (BMV: ZGNN) is a company focused on designing, manufacturing, marketing, and distributing luxury menswear, leather goods, footwear, and other accessories.

The firm has its headquarters in Trivero, Italy and was incorporated in 1910 by Ermenegildo Zegna. It operates as part of the apparel manufacturing industry, under the consumer cyclical sector. The firm serves consumers around the globe.

Ermenegildo Zegna operates through the Thom Browne, Zegna, and Tom Ford Fashion segments. The Thom Browne segment refers to the womenswear and accessories luxury market while the Zegna segment is composed of the Zegna Branded Products, Textile, and Third-Party Brands product lines. On the other hand, the Tom Ford Fashion segment includes all activities related to the Tom Ford Fashion business. The company operates as a subsidiary of Monterubello Societa’ Semplice.

The enterprise provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances. It also offers luxury womenswear and childrenswear under the Thom Browne brand, as well as provides eyewear, cufflinks and jewelry, watches, underwear, and beachwear manufactured by third parties under licenses. It serves customers through its retail stores and online channels internationally.

Ermenegildo Zegna (ZGN), closed Tuesday's trading session at $9.28, off by 5.6911%, on 1,188,572 volume. The average volume for the last 3 months is 25.466M and the stock's 52-week low/high is $7.89/$15.26.

Alphabet Inc. (GOOGL)

The Street, InvestorPlace, Kiplinger Today, Zacks, The Online Investor, Schaeffer's, Daily Trade Alert, Investopedia, Trades Of The Day, Market Intelligence Center Alert, Money Morning, Early Bird, MarketBeat, MarketClub Analysis, StreetInsider, Uncommon Wisdom, StreetAuthority Daily, Top Pros' Top Picks, Wealth Insider Alert, Daily Profit, StrategicTechInvestor, Wyatt Investment Research, The Street Report, Wall Street Daily, The Wealth Report, TopStockAnalysts, Money and Markets, CustomerService, Louis Navellier, AllPennyStocks, MarketWatch, StocksEarning, All about trends, Investing Daily, Daily Wealth, TipRanks, ProfitableTrading, Stansberry Research, CNBC Breaking News, INO.com Market Report, Marketbeat.com, Investors Alley, INO Market Report, QualityStocks, MarketTamer, MarketArmor.com, Market Intelligence Center, Darwin Investing Network, Trading Tips, Power Profit Trades, InvestorGuide, Stock Up Featured, InsiderTrades, Options Elite, Barchart, InvestorIntel, DividendStocks, Money Wealth Matters, Cabot Wealth, Total Wealth, The Night Owl, StockEarnings, SmallCapNetwork, Daily Dividends, GorillaTrades, TheOptionSpecialist, WStreet Market Commentary, FreeRealTime, The Daily Market Alert, Insider Wealth Alert, Jon Markman’s Pivotal Point, Dynamic Wealth Report, Investiv, Investing Futures, Trader Prep, The Weekly Options Trader, Investing Signal, Investor Guide, InvestorsObserver Team, Eagle Financial Publications, SmallCap Network, Short Term Wealth, Smartmoneytrading, StockMarketWatch, The Motley Fool, Trading Concepts, Chaikin PowerFeed, Average Joe Options, Market Authority, Trade of the Week, 24/7 Trader, Investing Lab, Jim Cramer, Wealth Daily, TradingPub, Equities.com, The Wall Street Transcript, Investment House, Shah's Insights & Indictments, Financials Trends, Inside Investing Daily, Investing Breakout, Investment U, Earnings360 Newsletter, Stock Barometer, TrendAdvisor, Tradespoon, TradeSmith Daily, Traders For Cash Flow, Top Pros Top Picks, The Trading Report, The Stock Dork, RedChip, BUYINS.NET, ChartAdvisor, Profit Confidential, Lance Ippolito, Mind Over Markets, StockReport, Pennystockmania, CNBC, Contrarian Outlook, Schaeffer’s, bullseyeoptiontrading, BillionDollarClub, Beat The Street, empirefinancialresearch, Earnings360, 360 Wall Street, Day Trade Alert, Candle Stick Forum, Energy and Capital, Economic News Room, Dividend Opportunities, Energy & Resources Digest, StreetAuthority Financial, Rockwell Trading, Roundtable Roundup, SECFilings.com News, SmallCapVoice, Smart Investing Today, Smart Money Press, SmartTrading, Microcapmillionaires, Street Insider, PoliticsAndMyPortfolio.com, Summa Money, SwingTradeOnline, SystemTrading, Technology Profits Daily, Tim Bohen, Tim Sykes, wyatt research newsletter, Stock Gumshoe, Liberty Through Wealth, Greenbackers, HotStockProfits and iDigital Market reported earlier on Alphabet Inc. (GOOGL), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Alphabet (NASDAQ: GOOGL, GOOG) has announced plans to invest $1 billion in Thailand to build digital infrastructure, including a new data center. This significant investment is expected to support 14,000 jobs in the country. The new hubs will be located in Bangkok and the industrial area of Chonburi, aiming to meet the growing demand for cloud computing in Southeast Asia.

Ruth Porat, president and chief investment officer of Google and its parent company Alphabet, stated, “These investments will empower Thai businesses, innovators and communities to harness the power of cloud and AI technology.” The details of the investment were revealed following a meeting in Bangkok between Porat and Thai Prime Minister Paetongtarn Shinawatra, who praised the move as evidence that Thailand is becoming a major digital hub in Southeast Asia.

Google’s expansion is projected to add $4 billion to Thailand’s GDP by 2029 and support 14,000 jobs between 2025 and 2029, according to a report from Deloitte. This announcement follows a major push for investment from U.S. tech giants by Shinawatra’s predecessor, Srettha Thavisin, during a trip to New York, where he sought finance from Google, Microsoft and Elon Musk’s Tesla.

Alphabet is currently trading at $164.92 on the NASDAQ. The stock has experienced a slight decline of 0.56%, dropping by $0.93. Today’s trading has seen a low of $164.63 and a high of $169.16. Over the past year, the stock has ranged from a low of $120.21 to a high of $191.75. Alphabet’s market capitalization stands at approximately $2.04 trillion, with a trading volume of 9.28 million shares.

This move by Google comes in the wake of Microsoft’s announcement in May to create Thailand’s first data center region to enhance cloud and artificial intelligence infrastructure. Additionally, other Southeast Asian countries, such as Vietnam, are also vying for U.S. tech investments. Vietnam, for instance, is aiming to move up the value chain from its traditional manufacturing base and recently reported that Musk’s SpaceX plans to invest $1.5 billion in the country.

To view the company’s latest earnings release, visit https://ibn.fm/1vFFk

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, California. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

Alphabet Inc. (GOOGL), closed Tuesday's trading session at $166.99, up 0.6873681%, on 28,338,123 volume. The average volume for the last 3 months is 16.467M and the stock's 52-week low/high is $120.2057/$191.75.

Alibaba Group Holding Ltd. (BABA)

InvestorPlace, The Street, Kiplinger Today, Schaeffer's, MarketClub Analysis, Zacks, Money Morning, StreetInsider, Trades Of The Day, Daily Trade Alert, Marketbeat, Market Intelligence Center Alert, StocksEarning, Investopedia, The Online Investor, Wealth Insider Alert, StreetAuthority Daily, Early Bird, ProfitableTrading, CustomerService, Marketbeat.com, TopStockAnalysts, Louis Navellier, QualityStocks, Uncommon Wisdom, GorillaTrades, TipRanks, StockEarnings, Top Pros' Top Picks, Cabot Wealth, CNBC Breaking News, Profit Confidential, AllPennyStocks, The Wealth Report, Options Elite, Investors Alley, Total Wealth, Daily Profit, INO.com Market Report, Street Insider, Money and Markets, Wyatt Investment Research, Barchart, The Street Report, SmallCapVoice, StrategicTechInvestor, Investing Daily, Insider Wealth Alert, Market Intelligence Center, Daily Wealth, Power Profit Trades, Average Joe Options, Investing Signal, FreeRealTime, Trade of the Week, Wealth Daily, INO Market Report, MarketTamer, WStreet Market Commentary, Trading Concepts, Trader Prep, BUYINS.NET, MarketWatch, Short Term Wealth, Wall Street Daily, The Best Newsletters, Earnings360, Dynamic Wealth Report, InvestmentHouse, ChineseWire, Rick Saddler, 24/7 Trader, Visual Capitalist, Inside Investing Daily, TheOptionSpecialist, Wealthpire Inc., Investing Lab, InvestorsHQ, Energy and Capital, Investment U, Investing Futures, SureMoney, Investors Underground, OptionAlarm News, Agora Financial, MarketArmor.com, The Weekly Options Trader, Daily Dividends, Goldman Small Cap Research, Beat The Street, BillionDollarClub, wealthmintrplus, Financial Freedom Post, Atomic Pennies, 24-7 Stock Alert, Equities.com, Direction Alerts, Dividend Opportunities, DividendStocks, Energy & Resources Digest, Eagle Financial Publications, wyatt research newsletter, Wallstreet Journal, The Trading Report, The Stock Dork, The Night Owl, The Growth Stock Wire, Terry's Tips, Summa Money, StockReport, StockMarketWatch, Stock Gumshoe, SmallCapNetwork, Shah's Insights & Indictments, Rockwell Trading, Profits Run, InvestorsObserver Team, MarketDeal, Hit and Run Candle Sticks, Inside Trading, Investiv, Investment House, Weekly Wizards, Outsider Club, InvestorGuide, Navellier Growth, Jim Cramer, TheoTrade, Kiplinger’s Weekly Update, Liberty Through Wealth, Market Authority, Greenbackers and Investor Guide reported earlier on Alibaba Group Holding Ltd. (BABA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Fortune has included Alibaba Group Holding Ltd. (NYSE: BABA) on its 10th edition of the yearly Change the World ranking, which highlights the top global companies that leverage their profit-seeking operations to drive innovation and create social impact. An editorial team at Fortune combed through an extensive 250-nominee list and whittled it down to only 52 enterprises. Alibaba came in eighth on the list, and it is notable that it was the only company from China that grabbed a spot on the top ten of that elite ranking.

Matt Heimer, executive features editor at Fortune, said in a press statement that the selected companies on the list spoke through their actions by tapping capitalism-driven creativity to generate revenues while addressing the different problems that society faces.

Alibaba made its way onto this prestigious list by virtue of a tool that DAMO Academy, the research wing of the company, developed in order to make the diagnosis of cancerous tissues quicker and cost effective. This detection tool is powered by artificial intelligence (AI) and is used to screen for pancreatic cancer in its early stages. Estimates indicate that approximately 500,000 fatalities occur annually as a result of this cancer type.

The AI tool, called PANDA, was put to work in the first half of this year in the province of Zhejiang at a pair of hospitals. The study findings published last year revealed that the tool racked up an impressive 34.1% superiority over radiologists in spotting abnormalities in scans used to screen for the cancer; 10 medical institutions collaborated during this study. The scans used in this process were noncontrast Computed Tomography (CT) scans. This variety is preferred because it requires a smaller radiation dose as compared to contrast scans using CT technology.

Since its unveiling last year, this AI tool has seen its utility expand beyond pancreatic cancer. It can now be leveraged in the detection of other cancers, such as tumors in the colon, esophagus, liver and other organs.

The different units of Alibaba are leveraging artificial intelligence in various ways for social good. For example, the company unveiled Xiaomo, a virtual avatar, to help in translating from Chinese to sign language and vice versa. This was during the 2023 Asia Games. By using this tool, those with a hearing impairment were enabled to view schedules of events and request directions, among other actions. This year, the company also unveiled an AI-backed tool that could make picture books targeting autistic kids. These books feature enhanced audio artbooks.

These innovations showcase some of the different use-cases for which AI can be harnessed in order to address some of the most pressing issues that society is grappling with.

Alibaba Group Holding Ltd. (BABA), closed Tuesday's trading session at $112.74, up 6.2382%, on 44,505,025 volume. The average volume for the last 3 months is 474,757 and the stock's 52-week low/high is $66.63/$112.79.

Compass Pathways PLC (CMPS)

InvestorBrandNetwork, QualityStocks, InvestorPlace, MarketBeat, PsychedelicNewsWire, Daily Trade Alert, Top Pros' Top Picks, StreetInsider, Schaeffer's, Prism MarketView, Trades Of The Day and The Street reported earlier on Compass Pathways PLC (CMPS), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

The U.S. Drug Enforcement Administration (DEA) recently announced new production quotas for controlled substances under schedules 1 and 2. The new quotas show increases in the supply of psychedelics such as ibogaine, psilocybin and psilocyn, which the federal agency notes shall be used for research purposes.

Specifically, the 2024 quotas for psilocyn and psilocybin have risen to 36,000 grams and 30,000 grams respectively. Ibogaine’s quota has also risen, from 150 grams to 210 grams, to help meet the increasing demand for research.

The agency’s increased focus on the production of psychedelics comes at a time when more anecdotal reports and studies are highlighting the potential these substances have in managing various mental-health conditions. For instance, studies have found that ibogaine may be useful in treating addiction. Advocates and researchers are calling for the DEA to support further studies on the substance.

In its statement, the DEA added that it remained committed to ensuring that all patients with legitimate medical needs can access prescribed drugs.

Cannabis production quotas remain unchanged, however, with the DEA maintaining its aggregate quota of 6.6 million grams since 2023. Quotas for other drugs such as mescaline, LSD, MDMA and DMT also remain the same.

This stability in marijuana production quotas comes as the agency prepares to decide on its rescheduling in December. This comes after it was recommended that the drug be rescheduled to schedule 3. Other substances under this schedule include ketamine and anabolic steroids.

Currently, cannabis is classified under schedule 1 of the Controlled Substances Act. Drugs under this classification are said to have no accepted medical use along with a high potential for abuse. If the drug is rescheduled, it could change how scientists access the drug for research, eliminating it from the aggregate production quota process.

A recent report by the Congressional Research Service notes that rescheduling may not eliminate all barriers in research, however. The report explains that researchers and drug sponsors of cannabis or CBD-containing drugs can only benefit from looser restrictions linked to rescheduling if congressional action is taken.

In other news, the DEA is expected to take part in a hearing involving a proposed ban on DOC and DOI. The two psychedelic compounds are analogs of DOM, a hallucinogen classified under schedule 1. These compounds act on an individual’s central nervous system and are highly selective agonists for serotonin 2 receptors in the brain.

The 10-day hearing comes after a lawsuit that challenged the scheduling process for these compounds was dismissed by a federal court.

These increasing production quotas for psychedelics suggest that more companies are joining the likes of Compass Pathways PLC (NASDAQ: CMPS) in studying hallucinogens with a view to leveraging their therapeutic potential.

Compass Pathways PLC (CMPS), closed Tuesday's trading session at $5.96, off by 5.3968%, on 1,080,798 volume. The average volume for the last 3 months is 97,739 and the stock's 52-week low/high is $5.01/$12.75.

enVVeno Medical (NVNO)

StockEarnings and QualityStocks reported earlier on enVVeno Medical (NVNO), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

enVVeno Medical (NASDAQ: NVNO), a late-clinical stage medical device company setting new standards of care for the treatment of venous diseases, recently announced the pricing of an underwritten public offering. Led by existing institutional investors, the offering involved the issuance and sale of 4,285,715 shares of the company’s common stock (or pre-funded warrants in lieu thereof) at a public offering price of $3.50 per unit. enVVeno expected to receive aggregate gross proceeds from the offering of about $15.0 million. The offering was anticipated to close on or about September 30, 2024, subject to customary closing conditions.

To view the full press release, visit https://ibn.fm/LdAMR

About enVVeno Medical Corporation

enVVeno Medical is an Irvine, California-based, late clinical-stage medical device company focused on the advancement of innovative bioprosthetic (tissue-based) solutions to improve the standard of care for the treatment of venous disease. The company’s lead product, the VenoValve(R), is a first-in-class surgical replacement venous valve being developed for the treatment of deep venous Chronic Venous Insufficiency (“CVI”). The company is also developing a non-surgical, transcatheter based replacement venous valve for the treatment of deep venous CVI called enVVe(R). CVI occurs when valves inside of the veins of the leg become damaged, resulting in the backwards flow of blood (reflux), blood pooling in the lower leg, increased pressure in the veins of the leg (venous hypertension) and in severe cases, venous ulcers that are difficult to heal and become chronic. Both the VenoValve(R) and enVVe(R) are designed to act as one-way valves, to help assist in propelling blood up the leg, and back to the heart and lungs. The VenoValve(R) is currently being evaluated in the SAVVE U.S. pivotal trial and the company is currently performing the final testing necessary to seek approval for the enVVe(R) pivotal trial.

enVVeno Medical (NVNO), closed Tuesday's trading session at $3.2, off by 4.7619%, on 275,676 volume. The average volume for the last 3 months is 312,738 and the stock's 52-week low/high is $3.17/$6.97.

TerrAscend Corp. (TSNDF)

QualityStocks, CannabisNewsWire, InvestorPlace and Cabot Wealth reported earlier on TerrAscend Corp. (TSNDF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Delaware, Ohio, has put a temporary pause on recreational cannabis businesses operating within its city limits; the city council voted 5 to 2 to enforce a six-month moratorium. This decision halts recreational marijuana businesses from opening in the city, giving officials time to consider how to best regulate them. The move follows the approval of Ohio’s Issue 2, which legalized recreational marijuana in November 2023.

The ban applies strictly to businesses and does not affect residents using cannabis in their homes. Although the council has the authority to lift the moratorium before the six-month deadline, opinions on the matter varied.

Councilmember Cory Hoffman, who ultimately supported the ban, stated, “I don’t think we need any kind of moratorium currently. The state is issuing licenses, so I believe Delaware should allow businesses to operate here.”

Despite this, other members, such as Vice Mayor Kent Shafer, argued that the city needed more time to decide on regulations that align with local standards. Shafer noted, “We’re not looking to ban these businesses, but we need time to discuss any potential additional limitations.”

In addition to the moratorium, the city is also reviewing separate legislation that could place further restrictions on the location of certain businesses, including those selling cannabis, tobacco or vape products. The proposed ordinance would prohibit these establishments from setting up within 500 feet of places such as parks, schools, playgrounds, churches and libraries. It also includes a clause to prevent two or more similar businesses from being within one mile of each other. The rule would apply only to businesses of the same type, meaning a vape shop could be near a marijuana dispensary, but two vape shops could not be within a mile of each other.

The new regulations would also limit the types of signage businesses can use. Temporary signage, such as banners or yard signs, would be banned, and flashing or animated signs would not be allowed. Businesses would also be limited to only two illuminated window signs.

More than 56 townships or municipalities in Ohio have also enacted moratoriums on recreational marijuana businesses. As in other states where recreational marijuana has been legalized, Ohio permits local governments to set their own rules about whether marijuana sales can take place within their borders.

Many of these moratoriums, like Delaware’s, are temporary, providing time for local authorities to evaluate existing laws and address potential conflicts.

The cannabis industry, including leading companies such as TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF), could be hoping that the different local authorities in Ohio finalize their rule-making processes so that adults who would like to consume marijuana can access the products easily.

TerrAscend Corp. (TSNDF), closed Tuesday's trading session at $1.25, off by 3.1008%, on 110,054 volume. The average volume for the last 3 months is 553,717 and the stock's 52-week low/high is $1.07/$2.45.

The QualityStocks Company Corner

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)

The QualityStocks Daily Newsletter would like to spotlight McEwen Mining Inc. (NYSE: MUX) (TSX: MUX).

Well positioned to capitalize on the surging demand for crucial minerals in the AI industry.

An asset rich gold and silver producer with large exposure to copper.

Guided by Rob McEwen, a mining legend and pioneer with a proven track record and significant ownership stakes in McEwen Mining and McEwen Copper subsidiary.

McEwen Copper's Los Azules project is among the world's largest and most economically robust undeveloped copper projects.

Changing the mining paradigm and minimizing environmental impact by utilizing exceptionally responsible mining practices.

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, believed to be the 8th largest undeveloped copper resource in the world.

Led by a management team with a track record of success, MUX owns and operates mines in some of the most prolific gold producing regions of the Americas. The company proactively took cost-saving measures months ago to lower expenses and increase production across its portfolio of gold assets, driving some production costs below industry averages. Gold and copper prices, already in an upswing, are forecast to enter an explosive uptrend over the next couple years. Drawing from its experience, McEwen Mining planned, prepared and laid the groundwork to capitalize on this emerging opportunity.

The company currently holds a Zacks Rank #1 (Strong Buy), placing it in the top 5% of over 4,000 stocks ranked by Zacks, based on trends in earnings estimate revisions and EPS surprises. Seldom is management so aligned with investors’ interests and committed to the company’s success. With a combined investment of over $220 million, CEO Rob McEwen holds a 17% ownership stake in McEwen Mining and a 13% ownership in McEwen Copper. Acclaimed in the mining industry, McEwen founded Goldcorp, where he increased the company’s market capitalization 160 times – from $50 million to over $8 billion. That same vision and tenacity led MUX in creating McEwen Copper.

For McEwen Mining shareholders, beyond the company’s exposure to gold upsurges, its 47.7% stake in McEwen Copper is expected to be a blockbuster, turbocharging MUX by creating the world’s next prolific copper unicorn.

McEwen Copper

With continuous industrial need, new critical demand for copper is rapidly emerging, increasingly driven by the green energy transition. The price of copper rose from a low of about $2 per pound in 2020 to over $4.60 per pound in May 2024, and strong demand is expected to intensify. A study by S&P Global, titled The Future of Copper: Will the Looming Supply Gap Short-circuit the Energy Transition?, projects global copper demand to nearly double over the next decade, from 25 million metric tons today to about 50 million metric tons by 2035. Based on current trends, S&P Global forecasts annual supply shortfalls to reach nearly 10 million metric tons in 2035.

McEwen Mining owns a 47.7% equity stake in McEwen Copper, the holder of a 100% interest in the Los Azules copper project in San Juan, Argentina, which is ranked the 8th largest undeveloped copper deposit in the world. Current copper resources at Los Azules are estimated at 10.9 billion pounds at a grade of 0.40% Cu (Indicated category) and an additional 26.7 billion pounds at a grade of 0.31% Cu (Inferred category). McEwen Copper also owns a copper exploration project in Nevada, USA, called Elder Creek.

In a 2023 Preliminary Economic Assessment (PEA), Los Azules was estimated to have a 27-year life, producing an average of 322 million lbs. of copper cathode annually, at a cash cost of $1.07 per lb. of copper, in the lowest quartile of the copper cost curve. The project could ultimately become an even larger mine with a longer life, since the extent of mineralization has not been fully assessed on the property.

The project’s 2023 PEA presents a distinctly different development strategy from a prior PEA published in 2017. By proposing a heap leach project using solvent extraction-electrowinning instead of the previously detailed mine with a conventional mill and flotation concentrator, McEwen Copper aims to decrease its environmental footprint and reduce permitting risk, albeit with a lower overall copper recovery, slightly higher unit costs and a delay in immediate cashflow due to extended leach cycles.

After securing a $25 million investment from mining giant Rio Tinto’s technology arm, Nuton LLC, McEwen Copper closed its non-brokered, private placement offering of $82 million in August 2022. Shortly after, in February 2023, Nuton agreed to invest an additional $30 million into McEwen Copper, and in October 2023, Nuton once again expanded its stake, investing an additional $10 million to bring its ownership position in McEwen Copper to 14.5%.

“We are extremely pleased to have Nuton’s strong continued participation in McEwen Copper,” Rob McEwen stated in a news release. “Together we are exploring new technologies that save energy, water, time and capital in the pursuit of delivering green copper to Argentina and the world, a product that will contribute to the electrification of transportation and the protection of our atmosphere.”

Also in February 2023, FCA Argentina S.A., a subsidiary of Stellantis N.V., one of the world’s leading automakers, invested ARS $30 billion in McEwen Copper. In October 2023, Stellantis invested an additional ARS $42 billion, bringing its current stake in McEwen Copper to 19.4%.

“We are delighted to have Stellantis as a partner in the future development of our Los Azules copper project,” Rob McEwen said of the investment. “Together, we share a vision to build a mine for the future based on regenerative principles that can achieve net-zero carbon emissions by 2038.”

Following the capital raise, McEwen Copper is well-funded to advance its Los Azules Project, with a Feasibility Study planned for Q1 2025. MUX strategically reduced its interest to increase its treasury, in order to reduce debt and fund the further development of its gold and silver assets.

Gold & Silver Projects

The Fox Complex

McEwen Mining owns a 100% stake in the Fox Complex in the heart of a prolific gold district in Timmins, Canada.

“When MUX bought the Fox Complex, in late 2017, it was a distressed asset with a history of high operating cost/oz. While it has taken longer than I expected, the cost to produce an ounce of gold is significantly lower,” CEO Rob McEwen stated in a news release.

McEwen Mining issued 2024 guidance for its cash cost/oz at the Fox Complex of $1,225-1,325 on annual production of 40,000-42,000 GEOs. Fox Complex produced 44,450 GEOs in 2023, which was within the company’s guidance range.

Located in one of the most prolific gold production areas in the world, along the Destor-Porcupine Fault Zone within the Abitibi Greenstone Belt, the Fox Complex includes the Black Fox mine and Froome mine which together have yielded over 1,000,000 ounces of gold to date. Also, the complex includes the Grey Fox and Stock deposits that have over 1,800,000 ounces in gold resources. The 2.7-billion-year-old Abitibi Greenstone Belt, formed by ancient volcanic activity, has proved to be one of the world’s richest and most abundant gold regions, with a total gold content currently estimated at over 300 million ounces.

In 2024, MUX commenced development of underground ramp access to the Stock orebodies at the Fox Complex. This development will become the primary source of feed following the completion of mining the Froome deposit in 2026. As part of the future mining sequence initiative, the company has already reported a 31% year-over-year increase of gold resources at Stock West and Stock Main (historical Stock Mine), with confirmation of good grading structures plunging to depth. It has also identified Stock East as a potential new near-term source of future revenue.

The Gold Bar Mine

McEwen Mining owns a 100% stake in the Gold Bar mine, located in an area well known for gold production, the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The Gold Bar mine is on the same geological structure, 25 miles south of Nevada Gold Mines, a Barrick-Newmont joint venture, part of the Cortez-Goldrush complex. This complex contains estimated reserves and resources of over 50 million gold ounces, with an annual production of 1,000,000 gold ounces.

Gold Bar had been mined between 1991 and 1994, producing 134,000 gold ounces. A new facility was built by MUX in 2019. Gold Bar accounted for 42,700 GEOs in 2023, within the company’s guidance for the year. For 2024, McEwen Mining issued guidance of 40,000-43,000 at a cash cost of $1,450-1,550. The first half of the year is expected to deliver higher production relative to the second half, due to a scheduled waste stripping phase in the Pick pit, in preparation for the 2025 mining program.

Notably, in April 2024, McEwen Mining announced its entry into a definitive agreement and plan of merger with Timberline Resources Corporation (TSX.V: TBR) (OTCQB: TLRS) in a transaction valued at roughly $18.8 million. The merger with Timberline is expected to augment McEwen’s existing portfolio of development and exploration projects in Nevada, leveraging synergies between Timberline’s projects and the Company’s Gold Bar mine.

El Gallo/Fenix

Project Fenix is the proposed redevelopment plan for McEwen Mining’s El Gallo Complex in Mexico. There is a long history of mining in this region. MUX began operating it as an open pit, heap leach mine in 2013, which produced 281,000 gold equivalent ounces at average cash cost of $655 per ounce. Due to the transition to deeper sulfide mineralization that is not amenable to heap leaching, mining activities ceased in the second quarter of 2018 and residual heap leaching followed until mid-2022. The redevelopment plan envisions constructing a mill at the existing mine site that will initially reprocess the existing heap leach material, then transition to open pit mining and processing of the sulphide mineralization. The company recently acquired a complete process plant on very advantageous terms that has considerably reduced the projected capital requirements for the project.

CEO Rob McEwen stated in a news release, “This acquisition has made Fenix more attractive to build and could provide a new long life mine for McEwen Mining.”

The initial development approach is to build a mill to reprocess the material on the heap leach pad and produce approximately 17,000 oz of gold annually for eight years. Construction of the Fenix project is expected to begin in the second half of 2024.

San José Mine

McEwen Mining is a 49% owner and non-operator of the San José gold and silver mine, located in Santa Cruz province, Argentina, encircling Newmont’s prolific Cerro Negro (approx. 300,000 gold ounces produced in 2023). This high-grade underground mine has been operating since 2007 and currently has an expected life of six years with a reserve grade of 296 gpt silver and 5.4 gpt gold.

Exploration is continuing to extend high-grade veins and discover new veins at the complex. San José’s drilling programs to define additional resources and reserves have a long history of success due to a high vein density, aided by good geophysical response from hidden veins.

Production guidance for 2024 for MUX’s 49% interest is 50,000-60,000 GEOs. As a minority shareholder in the mine, MUX equity accounts for its investment in San José, and receives 49% of the dividends from the mine’s free cash flow.

Market Outlook

Mining stocks suffered significant losses in the wake of the COVID-19 pandemic. However, this has turned, and many analysts now forecast a gold bull market in 2024 and beyond.

“The operating challenges we faced in recent years have severely damaged our credibility with our shareholders and the market. As a result, few investors have taken a close look recently at our assets,” Rob McEwen said in a news release. “If they did, I believe some would see the potential value that I see today… I believe there is considerable potential value in MUX, and that is a big reason why I have a personal financial commitment of $220 million in MUX and McEwen Copper.”

Management Team

Robert R. McEwen is Chairman, CEO and Chief Owner of McEwen Mining. He has been associated with the gold industry all his career, with his first 18 years in the investment industry and, since 1990, as CEO of several gold mining companies. He founded Goldcorp and took that company from a $50 million market capitalization to more than $8 billion. He owns 17% of McEwen Mining and is in complete alignment with investors – his investment in MUX and McEwen Copper is $220 million and he takes an annual salary of only $1. He was awarded the Order of Canada and the Queen Elizabeth’s Diamond Jubilee Award, was inducted into the Mining Hall of Fame, was named an Ernst and Young Entrepreneur of the Year and has Honorary Doctor of Law degrees from York University and Western University.

William Shaver is interim COO and a Director of McEwen Mining. He has decades of management and executive experience in mine design, construction and operations. He was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as Ernst and Young Entrepreneur of the Year. Most recently, he served as COO of INV Metals. He is a Professional Engineer with a B.Sc. in Mining Engineering from Queens University.

Perry Ing is interim CFO at McEwen Mining. He has 25 years of experience in the Canadian mining industry. Over the past 15 years, he has held positions as CFO of Mountain Province Diamonds, Kirkland Lake Gold and McEwen Mining. Prior to that, he worked at Barrick Gold and Goldcorp and started his career in the mining practice at PwC. He has a Bachelor of Commerce from the University of Toronto and is a Chartered Professional Accountant in Canada and Certified Professional Accountant in the U.S.

Adrian Blanco S. is the company’s Director of Operations for America and Mexico. He has extensive international experience in several industrial sectors and has held executive positions in Mexico, the United States, Peru and Argentina. He joined the McEwen Mining team in 2015 and has led a successful business transformation toward operational discipline, best business practices and financial profitability at subsidiaries Compañia Minera Pangea and McEwen Mining Nevada. He graduated from an Executive Management Program at IPADE and Harvard Business School.

Michael Meding is Vice President and General Manager of McEwen Copper. He has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold’s Veladero mine in Argentina, Mr. Meding played a key role in the turnaround, extension of the mine life and subsequent strategic partnering with Shandong Gold. He holds an MBA from Indiana University in Pennsylvania and an MBA from the Leipzig Graduate School of Management in Germany.

McEwen Mining Inc. (NYSE: MUX), closed Tuesday's trading session at $9.31, up 0.1075269%, on 399,005 volume. The average volume for the last 3 months is 39,210 and the stock's 52-week low/high is $5.92/$12.50.

Recent News

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF)

The QualityStocks Daily Newsletter would like to spotlight First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) .

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced the receipt of additional data from the 3D DC-resistivity and induced polarization ("IP") survey at its Deer Horn property in British Columbia. According to the information provided by the company's Qualified Person ("QP") and consulting geologist Dr. Lee Groat, the resistivity model within the survey area was dominated by a low resistivity (increased conductivity) zone on the east side of the survey area. This data shows that the zone extends about 1200 meters from south to north, about 500 meters from east to west, and is approximately 300 meters thick.

The announcement noted that this zone is under a ridge that is oriented northeast-southwest, with the zone's overlaying area sloping to the west. While the ridge and west-facing slope have only been lightly prospected and sampled, the announcement stated that a 2023 geological mapping found a "fault striking north-south that could host tellurium, gold, and silver mineralization." Groat stated that the numerous molybdenum ("moly") porphyry showings on the east and north parts of the Deer Horn property suggest an underlying moly porphyry and that "the sulfide mineralization at the Pond showing on the west part of the property are associated with a copper porphyry." However, more reconnaissance, as well as more detailed prospecting, sampling, and mapping, are needed, according to Groat.

To view the full press release, visit https://ibn.fm/DHBqi

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) is committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets. This objective is anchored by the company’s Deer Horn tellurium-gold-silver-copper project in British Columbia, Canada, and further enhanced by its property option on the Klondike tellurium-gold prospect located in Colorado, USA.

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in indigenous territory with sustainable exploration potential.

The company is headquartered in Vancouver, British Columbia.

Tellurium and the Green Energy Revolution

Tellurium has a key role to play in the ongoing green energy revolution. It is widely used in the manufacturing of photovoltaic cells for solar panels.

Despite this utility, ongoing trade tensions between China and the U.S. create implications for both tellurium and the production of cadmium-tellurium solar cells. Earlier this year, China announced plans to restrict exports of critical metals gallium and germanium, both essential for the production of semiconductors. For reference, China produces around 80% of the world’s gallium and approximately 60% of the world’s germanium.

China’s recent trade restrictions amplify the fragility of the North American tellurium supply, as the Asian nation currently produces about 60% of the world’s tellurium. This sustained supply vulnerability is why First Solar, the United States’ largest solar panel producer, set up a worldwide search for tellurium deposits in the mid-2000s.

“In North America alone, our understanding is that First Solar looked at over a hundred tellurium properties,” First Tellurium CEO Tyrone Docherty stated in a news release. “Their number one property by far, which they acquired, was the Colorado Klondike which we now control.”

The U.S. is now looking to secure safe, domestic sources of tellurium and many other critical metals to pre-empt potential shortages. The Biden administration has instituted a stream of policies, particularly the U.S. Inflation Reduction Act, to source solar components from North America and other “friendly” jurisdictions.

As the only junior mining company in the world focused on tellurium exploration, First Tellurium is ahead of the curve in capitalizing on these initiatives to establish strategic, domestic supplies of key resources for solar panel manufacturers.

First Tellurium’s ESG Initiatives

Through its exploration and partnerships with Fenix Advanced Materials, Cheona Metals and IRMA, First Tellurium strives to generate a measurable, beneficial social or environmental impact alongside a financial return. The company conducts a diversified search for metals, working in alliance with indigenous peoples, NGOs, governments and leading metals buyers. First Tellurium believes this is the future of mineral exploration — generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and, in particular, the fundamental proposition of free, prior and informed consent.

 

Projects

Deer Horn Tellurium-Gold-Silver-Copper Project

Deer Horn is located on 51.33 square kilometers (km) in west-central British Columbia, 36 km south of the prolific Huckleberry copper-molybdenum mine and 135 km southwest of the community of Burns Lake. It is one of few significant tellurium discoveries outside Asia and includes a 2.4 km-long vein system of high-grade gold, silver and tellurium, as well as broader zones of bulk-tonnage gold, silver and tellurium mineralization. The company completed a positive Preliminary Economic Estimate and has begun permitting for a 10,000-tonne bulk sample program to advance the project toward mine feasibility. It is North America’s only silver-gold-tellurium property with an NI 43-101 compliant tellurium resource, and it hosts a number of other mineralized targets and zone containing critical metals such as copper, tungsten and zinc.

First Tellurium owns 50% of the property, with an option to acquire up to a 75% interest. The company has engaged Dias Geophysical of Saskatoon, Saskatchewan, to conduct induced polarization (IP) geophysics on the Deer Horn Project in summer 2023. The program is designed to help develop drill targets for a subsequent drilling program.

Klondike Gold-Tellurium Project

The Klondike property is located in Saguache County, Colorado, southwest of Buena Vista in the state’s historical mining district. The company reports it has engaged Burgex Mining Consultants of Sandy, Utah, to stake additional claims around the Klondike property. The claims have been filed with the Bureau of Land Management.

Klondike demonstrates exceptional tellurium grades. Tellurium, used in high-efficiency cadmium telluride (Cd-Te) solar panels, next-generation lithium-ion batteries and thermoelectric devices to change heat into energy, is an essential element for the world’s transition to green energy.

The Klondike property was a top tellurium prospect owned previously by First Solar Inc., one of the world’s largest solar panel producers. First Solar terminated its worldwide raw materials exploration program in 2012 and sold the property to Colorado Klondike LLC, which optioned the project to First Tellurium. Colorado Klondike, led by First Solar’s former Exploration Manager in North America, is managing the upcoming exploration program.

The Colorado Geological Survey (CGS), in partnership with the Colorado School of Mines, reported on First Solar’s exploration at Klondike in 2015, noting: “Surface sampling by First Solar, Inc. in 2006 found very high tellurium grades of up to 3.3% (33,000 ppm), along with locally high gold grades. Tellurium grades at Klondike were the highest encountered in the company’s nationwide exploration program.”

Market Outlook

First Tellurium in spring 2023 referenced recent forecasts by the International Energy Agency (IEA) pointing to rapid growth in solar photovoltaic (solar PV) deployment worldwide. According to the agency, solar PV installations will generate more power by 2027 than any other energy source, including coal, natural gas and hydro. To meet this demand, consumption of both silver and tellurium, key components of solar panels, is expected to surge in coming years.

Chen Lin, founder of Lin Asset Management, has written in his investment newsletter for clients that solar PV is now the largest industrial usage of silver. He said that in 2022 solar PV production used about 12% of total silver demand, or about 120 million ounces of silver. Lin expects this number to rise dramatically in the coming years, and that is likely to lead to silver supply deficits for decades to come.

Lin points out that solar power is now the cheapest source of energy in many parts of the world and that all forecasts point to dramatic expansion of solar PV in the coming two decades. Conservative estimates forecast 300 gigawatts of solar PV production by 2027, up from the current level of about 200 gigawatts.

Management Team

Tyrone Docherty is President, Director and CEO of First Tellurium Corp. He previously served as President and CEO of Quinto Mining Inc., taking over when it had a market cap of $4 million. With limited resources in a difficult market environment, he raised more than $30 million and advanced Quinto’s Quebec iron ore property to a viable project. Quinto later sold for $175 million, with Quinto management taking shares of the purchaser, Consolidated Thompson Iron Mines, amounting to approximately 20-21% of that company. Consolidated Thompson Iron Mines sold two years later for $4.9 billion, giving the former Quinto team an enterprise value of approximately $1 billion. From 2012 to 2018, Mr. Docherty was Director and Chairman of Mason Graphite Inc. He has worked in the financial and minerals markets for more than 30 years.

Tony Fogarassy, M.Sc. LL.M., is Chairman of First Tellurium Corp. He is a lawyer and a geologist. His extensive legal and technical expertise includes minerals, oil and gas, coal and renewable energy projects and environmental and aboriginal/indigenous law in North America, Africa and Asia. He graduated as gold medalist in geological sciences from the University of British Columbia and in law from the London School of Economics.

First Tellurium Corp. (OTCQB: FSTTF), closed Tuesday's trading session at $0.0955, up 0.5263158%, on 34,100 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $12.50/$.

Recent News

Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF)

The QualityStocks Daily Newsletter would like to spotlight Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF).

Gold prices have surged to record highs, providing a favorable market for gold exploration companies.

Bullion rose to $2,634.90 an ounce and spot gold was at $2,666.99 an ounce on September 25.

Emperor Metals' flagship Duquesne West Gold Project is believed to host a historical estimated mineral resource of 727,000 ounces of gold, at a high grade of 5.42 g/t and a robust average thickness of 5.7 meters.

The company's current drill program is focusing on the open-pit concept revealed during last year's program, with the open-pit model indicating gold potential on top of the existing high-grade underground gold resource, enabling multiple production scenarios.

Gold prices have continued to hit all-time highs through September, with the spot price reaching $2,666.99 an oz on Sept. 24, 2024. Global conflicts, financial uncertainty, central bank buying, and the Federal Reserve lowering interest rates are driving investors and governments to the safe haven asset. Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) is in an especially strong position to benefit from increasing investor interest in the precious metal, given its noteworthy unusually high grade and thickness historical resource in one of the most prolific and productive gold mining camps in the world.

Emperor Metals Inc. (CSE: AUOZ) (FRA:9NH) (OTCQB: EMAUF) is an advanced stage gold exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. The Project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of 5.71 m*.

In 2023, with the use of AI (Artificial Intelligence), Emperor Metals created the first ever 3D mineralized and geological model, which illuminated the potential to add significant ounces to this deposit. Using these models, Emperor’s had a very successful 2023 drilling campaign of 8,579 m. In addition to laterally extending high grade zones by intercepting grades of 15.8 g/t Au over 10.8 meters, Emperor encountered intercepts of lower grade bulk tonnage in the host rocks (1.69 g/t Au over 25 m). This led to envisioning a different strategy of exploration and the revelation that a conceptual open-pit potentially overlies this high-grade gold deposit. Historic core sampling began (2,500 m) for discovering overlooked lower grade gold in the host rock around the high-grade lenses. Lower grade bulk tonnage gold improves the open-pit economics by reducing stripping ratios and adding overlooked incremental ounces for open pit mining.

Emperor Metals is set to begin a fully funded Phase II 8,000 m drilling program in May 2024. The company also plans on assaying an additional 8,000 m of historic core within the open pit model. Emperor is working toward producing an updated NI 43-101 Mineral Resource Estimate by Q1 2025.

The company is led by a dynamic group of resource sector professionals who have a strong record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver exceptional shareholder value.

Project

Emperor Metals has an option to earn 100% ownership of the Duquesne West Gold Project, a mineral claim package comprising 38 claims covering approximately 1,389 ha (3,432 acres) in Quebec.

The Duquesne West Gold Property is located 32 kilometers northwest of the city of Rouyn-Noranda and 10 kilometers east of the town of Duparquet. The property lies within the historic Duparquet gold mining camp in the southern portion of the Abitibi Greenstone Belt in the Superior Province.

Emperor is targeting the potential multimillion-ounce resource in a combination of conceptual open pit and underground mining scenarios. A Phase I drill campaign and historical core sampling program was completed in 2023, which included resource confirmation and exploration drilling, focusing on delineating and growing the resource toward development.

The property hosts a historical inferred mineral resource estimate of 727,000 ounces of gold at a grade of 5.42 grams per ton (g/t) and average stope thickness of 5.71 m. The mineral resource estimate predates modern Canadian Institute of Mining guidelines, and a Qualified Person on behalf of Emperor Metals has not reviewed or verified the mineral resource estimate. Therefore, it is considered historical in nature and is reported solely to provide an indication of the magnitude of mineralization that could be present on the property. The gold system remains open for resource identification and expansion.

Reinterpretation of the existing geological model was created using artificial intelligence and machine learning. This AI model shows the opportunity for additional discovery of ounces by revealing gold trends unknown to previous workers and the potential to expand the resource along significant gold-endowed structural zones. Multiple scenarios exist to expand additional resources, which include:

  • Underground High-Grade Gold
  • Open Pit Bulk Tonnage Gold
  • Underground Bulk Tonnage Gold

The Duquesne West-Ottoman property straddles the Porcupine-Destor gold localizing fault several kilometers east of the town of Duparquet. A number of previous drill campaigns have outlined an inferred resource of 4.17 million tons grading 5.42 g/t of gold (cut) or 6.36 g/t (uncut), as reported in the NI 43-101 report titled “Technical Report and Mineral Resource Estimate Update for the Duquesne-Ottoman Property, Quebec, Canada.”

Emperor Metals is funded for an 8,000-meter drilling program focusing primarily on adding ounces to the current resource within and lateral to the open pit model. An additional 8,000 m of historical core sampling and assaying is included in the budget to help build incremental ounces in the open-pit environment.

Market Opportunity

The World Gold Council, the industry association for the world’s gold producers, estimated in 2023 the physical financial gold market, which is made up of bars, coins, gold ETFs and central bank reserves, to be worth nearly $5 trillion.

The council reports that gold mine production adds approximately 3,500 tons of the precious metal to the world’s supply annually, equivalent to about 2% growth. This historical scarcity and relatively slow production of new supply, as compared to other commodities, is a primary reason gold has retained its value for millennia, according to the council.

In May 2024, the market price of gold was approximately $2,340 per ounce.

Management Team

John Florek, P.Geol., is President, CEO and Director of Emperor Metals. He has more than 35 years of technical and senior management experience with major and junior mining companies, including roles as founder, vice president and director. He has helped identify and develop significant asset value for mines and exploration projects from grass roots through development. He has worked for several major mineral producers, including BHP, Placer Dome, Barrick, Teck and Detour Gold/Kirkland Lake Gold/Agnico Eagle.

Sean Mager is CFO and Director of Emperor Metals. He has worked more than 30 years in the mining sector, including extensive experience in corporate development, stakeholder relations, regulatory, financial and operations.

Alex Horsley is Head of Corporate Development and Director of Emperor Metals. He has more than 20 years of experience in the mining sector and capital markets with a focus on finance, marketing, management, corporate development and communications. He is founder and former CEO of Emperor Metals. He has assisted in raising more than C$40 million for exploration and development mining companies.

*Power-Fardy and Breede, 2011. The Mineral Resource Estimate (MRE) constructed in 2011 is considered historical in nature as it was constructed prior to the most recent Canadian Institute of Mining and Metallurgy (CIM) standards (2014) and guidelines (2019) for mineral resources. In addition, the economic factors used to demonstrate reasonable prospects of eventual economic extraction for the MRE have changed since 2011. A qualified person has not done sufficient work to consider the MRE as current. Emperor is not treating the historical MRE as current. The reader is cautioned not to treat it, or any part of it, as a current MRE.

Emperor Metals Inc. (OTCQB: EMAUF), closed Tuesday's trading session at $0.06495, up 1.3972%, on 281,590 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.05715/$0.14505.

Recent News

Software Effective Solutions Corp. (OTC: SFWJ)

The QualityStocks Daily Newsletter would like to spotlight Software Effective Solutions Corp. (OTC: SFWJ).

Last week California's Office of Administrative Law approved the ban instituted by Governor Gavin Newsom on THC in all hemp products. While announcing the ban, Newsom stated that lenient regulations had allowed minors to access these intoxicating products, which could be found in regulated cannabis stores as well as at retail locations such as gas stations. In its directive, the office agreed with the governor, noting that the new regulations were an emergency. The ban went into effect immediately after approval, meaning all hemp THC products are now illegal in the state of California. It prohibits retailers from selling popular products, including beverages with THC, as well as many medicinal products made with CBD. THC and CBD are the two primary compounds found in the cannabis plant. While THC induces a high when ingested, CBD does not. Now that the rules have been approved, all hemp products in the state will be required to have no detectable THC amounts. Additionally, only individuals aged 21 and above can purchase these products. The ban on hemp THC shall be in effect until March 25, 2025. Entities such as that have interests in CBD and other cannabinoid production, such as Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ), may be hoping that a less radical way is found to regulate hemp derivatives so that the substances aren't completely taken off the market as this ban seeks to do.

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ) is a global infrastructure and holding company in the cannabis industry. MedCana currently has five companies focused on pharmaceutical cannabis production, as well a software company focused on managing processes for plant-to-patient operations. The recent acquisition of an irrigation and greenhouse technology company has rounded out MedCana’s portfolio of holdings.

MedCana’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals throughout the world. MedCana is building the technology, laboratories, growing facilities and scientific teams to provide premium pharmaceutical-grade cannabis extracts to the world.

MedCana’s goal is to be the world’s premier resource for pharmaceutical cannabis products. The company believes its advantage is its global view and reach. From initial cultivation to final product, MedCana aims to help partners produce pharmaceutical CBD and other extracts that will have no equal.

The company’s mission is to utilize its technology to partner with and develop companies that provide premium pharmaceutical-grade cannabis extracts with absolute integrity, sustainability and social responsibility. MedCana’s team of pharmaceutical scientists includes some of the most respected chemists in the world. They aim to ensure that the company’s customers and partners create premium cannabis extracts that meet the growing worldwide demand. MedCana’s software is designed to ensure traceability and quality from seed to finished product.

MedCana is headquartered in Austin, Texas, with offices in Colombia.

Production

MedCana announced in May 2023 the beginning of full-scale production of non-THC cannabis for export to Europe in response to high demand in that market. This expansion comes after the successful completion of full crop cycle testing and infrastructure development at production sites in Columbia.

The recent acquisition of the assets of Tokan Corp., a software company focused on creating an enterprise resource planning (ERP) platform for the cannabis industry, and Eko2O S.A.S., a greenhouse and irrigation engineering company, has positioned MedCana for explosive growth in the region.

As a MedCana subsidiary, Eko2O SA will increase the company’s revenue potential in Central and South America. The subsidiary specializes in the construction and distribution of greenhouses and sophisticated irrigation platforms. A positive outlook has resulted from the company’s expansion as it investigates new opportunities for greenhouse and irrigation system installations in Panama and Uruguay. These opportunities are expected to accelerate Eko2O’s development and strengthen its position as a top supplier of innovative agricultural solutions in cannabis and other sectors that are quickly moving to high technology agricultural production.

In addition, MedCana has started talks with the government in Argentina about possible incentives for beginning operations in that country as part of its ongoing worldwide development strategy. Support from the Argentinean government and the start of new operations there would greatly increase MedCana’s market share in Latin America and solidify the company’s position as the market leader in the cannabis industry.

Market Opportunity

According to a report by Grand View Research, a San Francisco-based market research and consulting company, the global cannabis extract market was valued at $3.5 billion in 2022 and is expected to expand at a CAGR of 20% from 2023 to 2030 to be worth more than $15 billion.

Growing demand for cannabis extracts, including oils and tinctures, and the increased legalization of marijuana for the treatment of different chronic ailments like arthritis, Alzheimer’s, anxiety and cancer are driving the expansion of the industry. The marijuana derivative industry is flourishing due to a greater understanding of its various medical benefits.

Management Team

Jose Gabriel Diaz is CEO of MedCana. He has successfully built, grown and sold multiple telecom companies. He was senior vice president of sales at IP Communications, a national high-speed data provider. He also founded Reallinx, a national data carrier later sold to GTT Communications. Additionally, he is currently president of the A.E.M. Business and Entrepreneurship Association in Austin, Texas.

Claudio Jiménez Cartagena, QF, Ph.D. is Chief Scientific Officer at MedCana. He joined MedCana after working with Sosteli Pharma as Technical Director and serving as a director consultant for the Corporation for Agricultural Industrial Development at the University of Antioquia in Colombia. Before that, he worked as the scientific director at the Institute of Food Science & Technology. He holds a bachelor’s degree in pharmaceutical chemistry, a master’s degree in basic biomedical sciences and a doctoral degree in Environmental Engineering from the University of Antioquia.

Julián Alberto Londoño Londoño, Ph.D., is Senior Vice President of Operations at MedCana. He previously served as general manager for the Corporation for Agricultural Industrial Development, and as Chief Scientific Officer at Sosteli Pharma in the Resource Management Department. He has developed multiple U.S. patents, and recently served as senior advisor to the Secretariat of Agriculture Development for the Government of Antioquia. He holds a doctorate in Chemical Sciences from the University of Antioquia.

Software Effective Solutions Corp. (OTC: SFWJ), closed Tuesday's trading session at $0.042, up 10.5263%, on 97,510 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.000001/$0.09.

Recent News

Horizon Fintex | Upstream

The QualityStocks Daily Newsletter would like to spotlight Horizon Fintex | Upstream

Big things are taking place in the gaming and blockchain world. Google Cloud and Solana Labs have decided to collaborate again by launching an exciting new tool called Gameshift. This new development application programming interface (API) is a game-changer, helping developers bridge the gap between traditional games and Web3, which includes cool features such as blockchain technology and digital assets. So, what is this Gameshift that everyone is raving about? In simple terms, it is a set of tools designed to help game developers add Web3 components — think non-fungible tokens (NFTs) and other digital goodies — into their games quickly and easily. It is meant to help game studios step into Web3 easily without the need to be experts in the complicated tech behind it. At the same event, Solana also introduced a Web3 store and a blockchain-powered smartphone. Fast forward to 2024, and history is repeating itself: this year's Breakpoint event showcased not only Gameshift but also the newest version of Solana's blockchain-enabled smartphone. As more companies collaborate in the way Google is working with Solana, the world could see more Web3 innovations that address the needs of various companies, such as Horizon Fintex, in serving their customers.

Horizon Fintex is a software business specializing in compliant securities solutions. The company aims to facilitate the future of capital markets by leveraging the regulatory experience of Wall Street bankers and the proven track record of technology veterans to bring focus to compliance, efficiency, security and transparency.

Horizon’s flagship product is the revolutionary trading app ‘Upstream’, a MERJ Exchange Market, and the first regulated market powered by a blockchain to offer both digital securities and NFT trading. Upstream traders experience T+0 settlement, best bids and offers displayed on a transparent public orderbook that prevents predatory market practices – all from a user-friendly trading app.

Products

Horizon Fintex offers a full suite of end-to-end blockchain-enhanced software solutions to create a seamless experience for both issuers and investors. Its product suite includes:

  • Securitization & IssuanceETSware is an end-to-end Electronic Trading System streamlining capital raising from primary issuance through compliant secondary trading.
  • KYC Compliance OnboardingKYCware is a white label Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance software solution offering best-in-class cryptographic security to compliantly onboard and verify user identity through a smartphone application.
  • AML Screening SoftwareAMLCop offers advanced Anti-Money Laundering (AML) software to streamline the verification of user details against a proprietary database of global sanctions, politically exposed persons (PEPs) and watchlists.
  • Cap. Table Management ToolsCustodyWare equips registered U.S. transfer agents with next-generation cap. table management software to manage securities on behalf of their clients pursuant to an SEC-registered or exempt securities offering.
  • Exchange & Trading App TechnologyOpen Order Book offers Ethereum blockchain securities exchange software to power the next generation of trading venues for digital assets.

Upstream – The Horizon-Powered Trading App

Upstream is a joint venture with MERJ Exchange (merj.exchange), an affiliate of the World Federation of Exchanges.

Upstream aims to be the premiere global trading hub offering issuers around the world exposure to a digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD (fiat) to increase liquidity and enhance price discovery; while also offering investors access to dual-listed companies, IPOs, crowdfunded companies, U.S. & Int’l. equities, digital coupons and NFTs directly from a user-friendly trading app.

Upstream aims to unlock liquidity for investors of all levels while offering industry-leading levels of transparency, accessibility and investor protections enforced using Ethereum blockchain technology.

Management Team

Brian Collins is the CEO of Horizon Fintex. He founded the company in 2010. From 1999-2010, Mr. Collins was CEO of Abbey Technology in Switzerland, specializing in the design of trading software for Swiss banks. Prior to this, he worked for Credit Suisse in Zürich, designing and building proprietary equity trading solutions. Mr. Collins graduated in 1990 with a BS in Computer Systems from the University of Limerick, Ireland.

Mark Elenowitz is the company’s President. He is a Wall Street veteran with over 29 years of experience. Mr. Elenowitz was the co-founder of a U.S. broker dealer and is Managing Director of two U.S. broker dealers, responsible for advising clients on compliance, capital structure and capital market navigation. He was responsible for leading the first successful Reg A+ IPO of a company to list on the NYSE and others which listed directly onto Nasdaq. He is a noted speaker at Small Cap and Reg A events, including the SEC Small Business Forum, and has been profiled in BusinessWeek and CNBC, as well as several other publications. Mr. Elenowitz is a graduate of the University of Maryland School of Business and Management with a BS in Finance and holds Series 24, 62, 63, 79, 82 and 99 licenses.

Dr. Andrew Le Gear is the CTO of Horizon Fintex. Prior to joining the company in 2013, he worked as a software engineer with Dell Inc. (2012-2013) and Lehman Brothers and Nomura Plc. (2007-2012). Dr. Le Gear was a co-founder of Juneberi Ltd., a research-driven software tech start-up (2004-2007). He graduated in 2006 with a Ph.D. in Computer Science from the University of Limerick, Ireland.

Peter Hall is the company’s CIO. Prior to joining Horizon Fintex in 2011, he worked at Microsoft (2008-2011), Atos Origin (2004-2008) and AIT Group Plc. (1998-2002). Mr. Hall has held CISSP certification since 2010. He graduated from the University of Sheffield, UK in 1995 and earned an MS from the University College London in 2006.

Mike Boswell is the CFO of Horizon Fintex. A Wall Street veteran, he co-founded a U.S. broker dealer and served as Chief Compliance Officer. Mr. Boswell was also Managing Director of TriPoint Capital Advisors, a merchant banking and financial consulting company, and CFO of Mission Solutions Group, a privately held defense sector firm. He earned an MBA from John Hopkins University and a BS in Mechanical Engineering from the University of Maryland. Mr. Boswell holds Series 24, 62, 63, 79, 82 and 99 licenses.

Recent News

chart

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF)

The QualityStocks Daily Newsletter would like to spotlight Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF).

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting the results of voting held during its annual and special meeting of shareholders; the meeting was held on Sept. 30, 2024. According to the report, a total of 32,499,132 common shares representing 40.475% of the company`s issued and outstanding common shares were voted.

Agenda items voted on during the meeting included the election of seven director nominees, setting the number of directors at seven, the reappointment of RSM Canada LLP as the company auditors, and the issuance of certain common shares in connection with a debt settlement agreement. Directors nominated during the meeting included Thomas Larsen, Francis Sauve, Alexander Horvath, Dusan Berka, Richard Stone, Pablo Ordoñez and Caroline Cathcart.

To view the full press release, visit https://ibn.fm/FRgXt

Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) is a publicly traded exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

The company has an option to acquire a 99% interest in the highly prospective Iska Iska Property, classified as a silver-tin polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department of southern Bolivia. Iska Iska is a road-accessible, royalty-free property.

Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing approximately 89 square kilometers. La Victoria has good infrastructure, with access to road, water and electricity, and is located at an altitude that ranges from 3,150 meters to 4,400 meters above sea level.

The company has a strong management and technical team working diligently to uncover the value of both Iska Iska and La Victoria. Eloro is based in Toronto, Canada.

Projects

Iska Iska – Potosi, Bolivia

Iska Iska is associated with a Miocene possibly collapsed/resurgent caldera, emplaced on Ordovician age rocks with major breccia pipes, dacitic domes and hydrothermal breccias. The property is wholly controlled by the title holder, Empresa Minera Villegas S.R.L. It is located 48 kilometers north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. This is an important mineral deposit type in the prolific South Mineral Belt of Bolivia. Eloro commissioned a NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited and is available on Eloro’s website and under its filings on SEDAR.

A fully financed drill program is currently underway on the property, situated near world-class deposits including Silver Sand, San Bartolomé, Pulacayo, San Cristobal, San Vicente, Chorolque, Tasna, Choroma and Siete Suyos. Iska Iska is in the southwest part of the Eastern Cordillera, which hosts a number of major polymetallic mines and mineral deposits. Drilling and continuous channel sampling results have demonstrated some very high metal values, especially silver and tin, within an immense system, where mineralization has been encountered in every drill hole to date. The company believes there is excellent potential for world-class bulk mineable deposits.

La Victoria – Ancash, Peru

The La Victoria project, targeting gold and silver production, is situated near world-class, low-cost gold producers Pan American Silver and Barrick Gold Corporation. Located in Ancash Department, La Victoria sits on the western slopes of the Peruvian Andes. The property is located 12 hours from Lima, with a travel distance of 600 kilometers. The nearest road accessible population centers from La Victoria are Huandoval, Pallasca and Cabana. The project includes four principal mineralized zones in Peru’s prolific North-Central Mineral Belt – San Markito, Victoria, Victoria South and Ccori Orcco – with excellent potential for gold discovery. Operations at La Victoria are planned to proceed with a 2,000-meter diamond drilling program to test targets to outline potential resources at San Markito. Trenching and sampling confirmed high silver values and veins at San Markito in 2020.

Market Outlook

According to industry association The Silver Institute, the outlook for silver demand is exceptionally promising, with global demand forecast to rise to a record high of 1.112 billion ounces in 2022. The increase will be driven by record silver industrial fabrication, which is forecast to improve by 5%, as silver’s use expands primarily in solar energy and electric vehicle (EV) manufacturing. The institute states that government commitments to carbon neutrality have resulted in a rapid expansion of green energy projects, driving record photovoltaic panel installations which are expected to lift silver demand in this segment to an all-time high in 2022.

Rising demand in the electronics industry is also boosting the demand for tin, which is primarily used in solder. The electronics and electrical industries use solders containing 40-70% tin, which provide strong and reliable joints under a variety of environmental conditions. At present, the majority of the assemblers are using patented tin-and-copper-based solders. Mordor Intelligence estimated tin demand at 387 kilotons in 2021 and forecasts demand growth of 2.5% annually through 2027. Over the medium term, surging demand from the EV market and increasing applications in the electrical and electronics industry is expected to drive the market.

Management Team

Thomas G. Larsen is CEO of Eloro. He has more than 40 years of experience in the investment industry, specializing in corporate finance and management of junior resource companies, raising in excess of C$200 million. He previously held the position of President and Chief Executive Officer of Champion Iron Limited. Prior to that, he was President and Chief Executive Officer of Champion Iron Mines Limited.

Dr. Bill Pearson is Executive VP of Exploration for Eloro. He has more than 40 years of direct experience in the exploration and production of minerals worldwide. He played an integral role in the acquisitions of Desert Sun Mining Corp. by Yamana Gold in 2006 and Central Sun Mining by B2 Gold in 2009. He was formerly VP Exploration at Desert Sun Mining and Senior VP at Central Sun Mining.

Miles Nagamatsu, CPA, is CFO at Eloro. He has over 30 years of experience in accounting, management, lending, restructurings and turnarounds. Since 1993, he has acted as a CFO of public and private companies primarily in the mineral exploration and investment management sectors. He holds a Bachelor of Commerce degree from McMaster University.

Osvaldo Arce Burgoa is General Manager at Eloro. He is a geological and mineral processing engineer with 26 years of experience in Bolivia. He is a former President of the Bolivian Geological Society, Main Technical Advisor of the National Mining Corporation (COMIBOL) and has served as exploration manager and chief geologist at various mining and exploration companies. He has authored two books on Bolivian geology and holds a doctorate in mining engineering from Tohoku University in Sendai, Japan.

Eloro Resources Ltd. (OTCQX: ELRRF), closed Tuesday's trading session at $0.665, even for the day, on 4,226 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.569/$1.915.

Recent News

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF)

The QualityStocks Daily Newsletter would like to spotlight Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF).

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced the commencement of phase two of its 2024 exploration program. According to the announcement, the company's crew has already arrived at its Thundercloud property in northwestern Ontario. Ivy Chong, President and CEO of Dynasty Gold, noted that recently released drill results, which confirmed grades of up to 24.53 g/t gold within a broad zone of mineralization at Pelham, demonstrate the continuity of high-grade gold discovered in 2022 and 2023.

"With additional drilling this fall and into next year, and gold trading above $2,600 an ounce, we anticipate the resource could expand considerably when the NI 43-101 Resource Estimate Report is updated," continued Chong. "Drilling on the property in the last two years are shallow holes of less than 250 m. Mineralization is open at depth and along strike and 90% of the property has not been systematically explored, providing excellent potential for resource expansion."

To view the full press release, visit https://ibn.fm/O7Gdz

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) is rapidly emerging as a notable player in the gold sector. With its impressive portfolio of high-potential projects and recent drilling results, Dynasty Gold is capturing the attention of investors and industry analysts alike. As the company continues to advance its exploration efforts, the potential for substantial gains becomes increasingly evident.

Many respected analysts agree that gold is in the early stages of a new commodities supercycle, where multiple forces like inflation, infrastructure spending, and global demand are driving the price surge. The question is, ‘how to profit from it’.

Dynasty Gold’s recent drilling campaign at its flagship Thundercloud project in Ontario, Canada, has delivered results that are likely to reshape expectations and could significantly impact the company’s fortunes. The latest drilling assays from the project reveal high-grade gold mineralization, confirming the project’s potential for substantial resource development.

With high-quality North American assets, renowned leadership and a miniscule market cap, Dynasty Gold looks perfectly positioned to capitalize on any potential updraft in prices and potentially deliver outsized returns. In fact, if the next batch of drill holes (expected within weeks) is successful in expanding the economics of the resource, DYG could easily outperform the market and lead the pack to the upside.

There are only about 61 million Dynasty shares issued and outstanding, with roughly 40% owned by insiders and long-term shareholders. It’s important to note that Rob McEwen owns 9.7%. A mining legend, McEwen founded Goldcorp and increased the company’s market cap 160X – from $50M to over $8B. He must see value in Dynasty Gold, too. Around 50% of outstanding shares are held by retail investors, and any positive news on top of surging global demand could catapult the stock.

High-Grade Deposits, 100% Owned

The Thundercloud Property

The Thundercloud property is situated in the prolific Archean Manitou-Stormy Lakes greenstone belt in Western Ontario, which has a geological setting similar to the Abitibi belt but is much less thoroughly explored. The region contains numerous gold showings, along with several deposits and historic producers. Initial results suggest excellent potential for bulk-tonnage orogenic gold mineralization, with the possibility of high-grade mineralization. In recent years, nearly 30 million ounces of gold have been discovered in the area.

Dynasty Gold’s Thundercloud project is strategically located within one of Canada’s most prodigious gold-producing regions. Ontario is renowned for its rich mineral deposits and supportive mining infrastructure, providing a favorable environment for exploration and development. The Thundercloud property covers approximately 5,560 acres and is located 47 kilometers southeast of Dryden, Ontario. It is accessible via the Trans-Canada Highway (Hwy 17). Dryden, a resource-based town, offers essential infrastructure for mining operations.

Dynasty recently completed Phase 1 of its 2024 Drill Program at its Thundercloud property, announcing results in an August press release.

Ivy Chong, President and CEO, commented, “Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters. The eight holes within the Pelham Zone all intersected intervals from 10+ to 70 meters of strong pyrite veinlets and disseminations similar to that associated with high-grade mineralization in the previous two years of grades up to 8.4 g/t gold over 73.5m including 151.7 g/t gold over 3.0m. We look forward to receiving the assay results from Phase 1 drilling within the next several weeks and will re-commence drilling in early September, once these results have been analyzed and an additional 10 or more drill holes sited.”

The recent drilling results at Thundercloud have substantial implications for the project’s future. High-grade gold intercepts are indicative of a robust mineralized system, which could lead to a significant increase in the project’s resource estimate. Despite this high-grade, the company’s drill holes are comparatively shallow (less than 250 meters in length). Many similar projects are required to drill as deep as 700+ meters to obtain grades similar to Dynasty’s recent results. This, in turn, enhances the project’s attractiveness to major mining companies and institutional investors.

The impressive drilling results from Dynasty’s Canadian project will be followed by more drilling with more news expected in the next few weeks. Roughly 90% of the project has thus far seen limited drilling and therefore represents untested potential. Positive assay results often generate increased interest and confidence as the market reacts to the potential for significant resource discoveries.

The Golden Repeat Property

Located on the north slope of the Midas Trough, along the Carlin Trend within the Northern Nevada Rift, the Golden Repeat gold property comprises 49 contiguous mining claims totaling approximately 968 acres. These claims share geological similarities with gold properties in the well-known Midas Gold Camp.

Hecla Mining Company’s Midas Mine is located 18 kilometers east of the property, with other major Carlin-style gold mines, including Nevada Gold Ventures LLC’s Getchell-Twin Creeks-Turquoise Ridge mines (15 kilometers southwest) and its Goldstrike Mine complex (50 kilometers southeast) nearby.

The property is easily accessible from Interstate 80, with excellent local mining infrastructure. Gold Fields and Romarco Minerals briefly drilled the property in the 1990s, but a large portion remains unexplored.

Market Opportunity

In 2023, the World Gold Council estimated the physical financial gold market – comprising bars, coins, gold ETFs, and central bank reserves – was valued at nearly $5 trillion.

This historical scarcity and relatively slow rate of new production, compared to other commodities, are key reasons gold has retained its value for millennia. In September 2024, the spot price of gold was quoted at just over $2,497 per ounce.

Dynasty Gold’s strategic focus on expanding its resource base and advancing its exploration efforts positions it well for future success. The company’s ongoing drilling programs are designed to further delineate and expand the high-grade zones identified, which could lead to a substantial resource upgrade and increased project valuation.

Additionally, the potential for resource expansion and the attractiveness of Dynasty Gold’s project in a top-tier mining jurisdiction such as Ontario could attract interest from strategic partners or acquisition targets. Options include both smaller scale high-grade production in the near term or bulk tonnage production in the years ahead. Such developments would provide additional opportunities for capital infusion and project acceleration, further supporting a positive trajectory for the stock price.

Management Team

Ivy Chong has served as CEO of Dynasty Gold since 2008. With over two decades of experience in the mining and oil & gas industries, she has negotiated several option and joint venture agreements with major companies such as Teck, AngloGold Ashanti, Azimut, and Avocet Mining. She has assisted numerous companies with IPOs and raised capital for resource firms across Asia, Europe, and North America. Before entering the resource industry, she worked at the Hong Kong Stock Exchange and Deloitte and Touche LLP.

Larry Kornze, VP of Exploration and Director at Dynasty Gold, brings over 30 years of international gold exploration experience to the company. He is credited with discovering Barrick’s 40-million-ounce gold deposit at the Betze Mine on the Carlin Trend in Nevada during the late 1980s. Kornze was also involved in the discovery of other significant deposits in Nevada, including Miekle, Deepstar, Screamer, and Rodeo. He has held positions with Newmont and Getty Mining in North America and serves on the boards of several public gold exploration companies.

Dynasty Gold Corp. (OTC: DGDCF), closed Tuesday's trading session at $0.0935, even for the day. The average volume for the last 3 months is and the stock's 52-week low/high is $0.077/$0.1893.

Recent News

NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW)

The QualityStocks Daily Newsletter would like to spotlight NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW).

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced the completion of the proposed Merger Agreement and Plan Reorganization with Progressive Care Inc., a controlled subsidiary of the company, following shareholder approvals. Pursuant to this merger and business combination, Progressive Care has become a wholly owned subsidiary of NextPlat. As a result, Progressive Care's common stock no longer trades on the OTCQB exchange, effective October 1, 2024.

"The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal health and wellness. Through the first half of 2024, each of our business operations have successfully generated strong top-line growth and steadily improving operational performance, and through elimination of redundancies, business integration and the launch of new products planned throughout next year, we expect to produce continued improvements in our consolidated financial performance," said Charles M. Fernandez, Executive Chairman and CEO of NextPlat.

To view the full press release, visit https://ibn.fm/q4HTw

NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), a next generation e-commerce platform, was created with vision and purpose to capitalize on high growth sectors and global markets. The company collaborates with businesses – large and small – to simplify and accelerate online commerce and uniquely enables customers and partners to optimize their e-commerce reach, presence and revenue. NextPlat recently launched a new e-commerce development program to provide American businesses with easy access to the massive Chinese consumer market.

Current Initiatives

NextPlat provides cutting edge technology in an advanced e-commerce ecosystem. The company is actively expanding its global network of online storefronts serving thousands of consumers, enterprises and governments. The company also has developed a next generation platform built for Web3 that enables the creation and sale of digital assets, as well as optimizing e-commerce transactions and business building activities. The company’s current initiatives include:

  • E-Commerce Development Program – In April 2023, NextPlat announced it had entered into a merchant sourcing agreement with Alibaba.com Singapore E-Commerce Private Limited (“Alibaba”) and its Tmall Global e-commerce platform whereby the two companies will collaborate to increase the sale of products produced and sold by American companies to the multi-trillion-dollar Chinese consumer market. Alibaba’s Tmall Global e-commerce platform will provide NextPlat customers a turn-key solution through which products can be sold to the Chinese consumer market. The launch of the Florida E-Commerce Development Program is the first in a series of new NextPlat programs designed to assist U.S. businesses in expanding their online sales capabilities to reach new international customers in the Chinese market. NextPlat intends to rapidly expand this unique e-commerce development opportunity to businesses throughout the United States and all of North America, as well as Central and South America. The new development program features NextPlat’s turnkey global e-commerce solution for customers and leverages NextPlat’s relationships with key partners, including Tmall Global, China’s largest cross-border B2C online marketplace.
  • Progressive Care Inc. – In August 2022, NextPlat completed a strategic $7 million investment in Progressive Care Inc. (OTCQB: RXMD), a personalized health care services and technology company. In a news release announcing the investment, NextPlat CEO Charles M. Fernandez noted that the company is “committed to harnessing the power of digital technologies to capitalize on the ongoing digital transformation of Progressive Care and the entire health care industry.” NextPlat intends to accelerate Progressive Care’s digital health care transformation with the launch of a new e-commerce platform for health care products later this year.
  • NextPlat NFT Platform – Building on its existing e-commerce initiatives, NextPlat is working to bridge the gap between tangible and digital e-commerce marketplaces by incorporating burgeoning Web3 technologies. The company intends to launch a fully integrated NFT platform in the coming months that will enable brands to create, manage and authenticate digital assets while serving as a new source of revenue for NextPlat. Through this model, the company will receive a portion of the revenue generated from branded NFT drops, as well as subsequent secondary market transactions.
  • Global Telesat Communications and Orbital SatCom Corp. – Targeting both domestic and international markets, NextPlat’s subsidiaries leverage partnerships with major e-commerce platforms such as Amazon, Alibaba, eBay and Walmart to serve a growing base that includes more than 50,000 corporate, governmental and individual customers. In total, the brands market more than 10,000 individual products, with a focus on satellite-based connectivity solutions. In addition to exploring accretive M&A opportunities, NextPlat aims to diversify its range of products and broaden its geographic footprint moving forward in an effort to better capitalize on the tremendous growth potential in the United States, Europe and Asia.

“Our goal for 2023 and beyond is to leverage our improved operational capabilities and enhanced leadership team as we expand our offerings in communications and connectivity into the high-growth health care market where we intend to launch an array of innovative new offerings,” Fernandez said in a March 2023 news release detailing the company’s record top-line performance. “Although there remain supply chain headwinds and the challenge of global inflation, we are confident that we have the right combination of market-tested expertise, technology and partnerships that will enable us to bring the power of e-commerce to more customers, brands and industries in the United States and abroad.”

Market Opportunity

The rapid growth of e-commerce over the last decade is expected to continue for the foreseeable future. According to data published by Forbes, roughly 20.8% of all retail purchases are expected to take place online in 2023, accounting for total sales of $6.31 trillion worldwide. It total, e-commerce sales are expected to grow by 10.4% YoY in 2023, accounting for a whopping 24% of all retail purchases by 2026.

For NextPlat, existing partnerships in the industry could be key to capitalizing on this growth. The Forbes report indicates that Amazon accounts for roughly 38.7% of e-commerce sales, while sites like Walmart, eBay and Alibaba round out the list of most visited e-commerce websites. Alibaba is especially interesting due to NextPlat’s recent strategic merchant sourcing agreement with Tmall Global. The Chinese market is “mammoth,” as a recent Alizila report noted. The country’s annual online retail sales of physical goods have nearly doubled in the last five years, reaching approximately 13.8 trillion yuan in 2022, which is nearly $2 trillion USD.

The health care portion of the e-commerce market is generating particularly bullish forecasts, bolstered by the continued adoption of the 340B Drug Pricing Program in the U.S., which requires most drug manufacturers to provide outpatient drugs to covered entities at significantly reduced prices. Industry reports suggest that the global health care e-commerce market will expand at a compound annual growth rate of 16.8% from 2022 to 2030, climbing to a value of more than $1.37 trillion by the end of the forecast period.

Management Team

Charles M. Fernandez, CEO, Executive Chairman and Director of NextPlat, has over three decades of experience in identifying profitable start-up and dislocation opportunities, building significant value and executing exit strategies as an entrepreneur and global investor. Successful across multiple sectors, Fortune Magazine actually labeled Fernandez ‘a restructuring whiz’. As President of Fairholme Capital Management, which he joined in 2008, Mr. Fernandez co-managed all three Fairholme funds and brought in a $2 billion gain for shareholders. Throughout his impressive career, he has participated in more than 100 significant mergers, acquisitions and product development projects across multiple industries. Mr. Fernandez was the founder, Chairman and CEO of eApeiron Solutions LLC, a brand protection and e-commerce company in partnership with Alibaba (NYSE: BABA) and Eastman Kodak (NYSE: KODK), which was successfully sold to Smartrac, a unit of Avery Dennison Corp. (NYSE: AVY).

Rodney Barreto is Chairman and CEO of the Barreto Group and Director of Nextplat. Mr. Barreto’s business career spans over 35 years, including his role at the Barreto Group and, earlier, as the founding partner of Floridian Partners LLC, a corporate and public affairs consulting firm recognized by policy makers as one of the top in its industry in Florida. He chaired the Super Bowl Host Committee in 2007, 2010 and 2020, helping to raise more than $100 million for the success of Miami Super Bowls. As a philanthropist and conservationist, Mr. Barreto is also a three-time appointee to the Florida Fish and Wildlife Conservation Commission, where he has served for over 10 years including holding the title of Chairman eight times. He has twice chaired the Annual U.S. Conference of Mayors, was Chairman of the 1999 Breeder’s Cup Championship held in South Florida and was the Chairman of the 1999 Sister Cities International Convention in Miami. Currently, Mr. Barreto is the Membership Chairman of the Florida Council of 100, and a member of the Boards of Fairchild Tropical Botanic Garden, the Baptist Health South Florida Giving Society, the Bonefish and Tarpon Trust, the Guy Harvey Ocean Foundation, and a member of Miami Dade County Schools Superintendent Carvalho’s Business Advisory Council. Prior to his career in public affairs and real estate, Mr. Barreto was a City of Miami police officer and is a member of the Florida Highway Patrol Advisory Council.

NextPlat Corp. (NXPL), closed Tuesday's trading session at $1.3, off by 7.8014%, on 114,961 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.9857/$2.68.

Recent News

Nightfood Holdings Inc. (OTCQB: NGTF)

The QualityStocks Daily Newsletter would like to spotlight Nightfood Holdings Inc. (OTCQB: NGTF).

Nightfood Holdings (OTCQB: NGTF), an acquisition and development holding company, has signed a letter of intent ("LOI") outlining the acquisition of Stratford Education Group Inc., which is known as the Los Angeles Cooking School. The school is widely recognized for its culinary training and education programs with planned classes that will also include state-of-the-art training for hospitality and foodservice operators wanting to leverage robotics and automation solutions. Nightfood plans to establish the Los Angeles Cooking School as the world-class leader in integration of food preparation automation, robotics and artificial intelligence ("AI").

"The acquisition of the Los Angeles Cooking School marks an important milestone in our growth strategy," said Nightfood Holdings CEO Sonny Wang in the press release. "We see tremendous leverage in pioneering a platform where culinary education meets the future in automation technology. By making it easier to integrate automation, AI and robotics, we will empower food entrepreneurs to launch and scale the technology needed to survive and thrive in the marketplace of the future."

To view the full press release, visit https://ibn.fm/SEuOV

Nightfood Holdings Inc. (OTCQB: NGTF) is a visionary holding company focused on identifying and capitalizing on explosive market trends within hospitality, food services and consumer packaged goods. By leading newly emerging categories and seizing opportunities in markets undergoing transformational upheaval, the company’s mission is to create unparalleled upside potential in industries ripe for innovation and growth.

Subsidiaries

Nightfood Inc.

The company’s flagship subsidiary, Nightfood Inc., is changing the way the world snacks at night. Humans are biologically hard-wired to crave sweets and fats at night – a survival mechanism from our hunter-gatherer days. Modern consumers know bingeing excess calories before the long nightly fast is no longer necessary for survival, but exploding screen time and decreased willpower at night results in over 90% of American adults snacking between dinner and bed every week, contributing to an estimated one billion nighttime snack occasions weekly (according to SleepFoundation.org).

The most popular choices – ice cream, cookies, chips and candy – are not only unhealthy but also impair sleep quality due to their nutritional profiles. Nightfood snacks are uniquely formulated by sleep and nutrition experts to satisfy nighttime cravings AND support better sleep.

Market Opportunity

Euromonitor International projects the American snack market will grow from $150 billion in 2022 to $170 billion in 2027. Snacking between dinner and bed is estimated to account for over $60 billion annually, creating an opportunity for a multi-billion-dollar sub-category to emerge in the coming years: sleep-friendly snacking.

Nightfood is the brand pioneering that category.

Nightfood’s innovation has led to partnership overtures from global giants, including the largest food and beverage company in the world, Nestlé, with whom Nightfood completed a “test-and-learn” joint initiative in 2023.

Management believes that successfully scaling Nightfood’s 2024 direct-to-consumer launch of sleep-friendly cookies will bring the category to life, opening the door for partnerships with and potential acquisition by global snack giants seeking to lead this potential billion-dollar emerging sub-category.

Future Hospitality Ventures Holdings Inc. (d/b/a roboOp365)

Future Hospitality Ventures Holdings, operating under the brand roboOp365, is revolutionizing the hospitality industry with cutting-edge automation and robotic solutions.

roboOp365 enhances operational efficiency and guest experiences through innovative technologies, including automated culinary bot, server robots and AI-enhanced applications. roboOp365 helps hospitality providers reduce costs, streamline operations and deliver superior service by integrating these advancements.

Market Opportunity

The robots-as-a-service (RaaS) business model has gained significant traction, super-charged by the COVID-19 pandemic, which instantly catalyzed game-changing growth and application. According to Verified Market Research, the service robotics market is projected to reach $173.17 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.25%. Compared to Asia, the United States market is in the early stages of adopting these technologies, but acceptance is accelerating aggressively.

Several factors are driving this trend. Key industries such as hotels and restaurants are still struggling to rebound from the pandemic’s impact, hoping to return to pre-pandemic levels, if possible. Such recovery will largely be dependent upon service robots. In California specifically, factors such as rising labor costs, more rigorous labor laws and ongoing high turnover rates in labor-intensive sectors make it impossible for businesses to survive, thrive and compete without robotics.

Innovation Across Sectors

Nightfood Holdings Inc. is dedicated to driving innovation across its focus sectors of food services, automation and hospitality applications. In food services, the company leverages automation technology to drive operational efficiency for operators while meeting evolving consumer needs. In the hospitality industry, it’s deploying solutions that redefine guest experiences. Nightfood’s consumer-packaged goods initiatives are key to breakthrough trends in health and wellness.

Synergizing Food and Technology

The synergy of food and technology within Nightfood Holdings Inc. creates a holistic approach to innovation and automation. By integrating these areas, the company offers comprehensive solutions that address multiple facets of market needs. Its automation and artificial intelligence solutions in food service and hospitality create a seamless and enhanced consumer experience.

Through this integrated approach, Nightfood Holdings Inc. not only meets current market demands but also anticipates and influences future trends, positioning itself as a leader in innovation across these interconnected sectors. Synergies in these related and explosive categories result in operational efficiency and benefits for the company’s customers and partners and outsized upside and opportunity for its investors.

Management Team

Sean Folkson is the Chairman and President of Nightfood. He founded Nightfood when he couldn’t find a solution to his nighttime snacking problem. Recognizing the growing body of research linking nutritional intake with sleep quality, he launched the first snack brand specifically formulated to give consumers better, healthier and more sleep-friendly snacks for that peak-cravings slot between dinner and bed. He is a serial entrepreneur and problem-solver, having previously founded Specialty Equipment Direct, an online distributor of floor removal equipment, and AffiliatePros.com, a pioneering company in online affiliate marketing.

Lei Sonny Wang is the CEO of Nightfood Holdings. He is a strategist and business driver for early-stage and growth-stage companies. He is the founder and former CEO of Future Hospitality Ventures Holdings Inc., which was acquired by Nightfood Holdings Inc. At Future Hospitality, he leveraged his significant international business development experience into distribution relationships with leading global robotics manufacturers. At Nightfood, he is working to grow revenue and improve performance and profitability across all subsidiaries.

Nightfood Holdings Inc. (OTCQB: NGTF), closed Tuesday's trading session at $0.0143, off by 13.3333%, on 128,594 volume. The average volume for the last 3 months is and the stock's 52-week low/high is $0.0075/$0.0425.

Recent News

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF)

The QualityStocks Daily Newsletter would like to spotlight Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF).

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) is a strategic minerals company focused on locating and developing economic properties in the strategic metals and advanced materials space. The company aims to improve domestic specialty mineral infrastructure efficiencies to meet surging national demand from North American manufacturers, effectively positioning itself as one of the only North American suppliers of high purity natural graphite for hi-tech applications.

Reflex Advanced Materials is based in Vancouver, British Columbia. Its project portfolio includes the Ruby Graphite Deposit in Montana and the ZigZag Lithium Property in Ontario.

Projects

Ruby Graphite Project

Located in a mining-friendly jurisdiction in southwest Montana, the Ruby Graphite Deposit is a low cost, rapid re-entry opportunity that produced roughly 2,400 tons of graphite from 1902 to 1948. Reflex Advanced Materials holds mining rights for 755 hectares at the Ruby Graphite Project, with 96 federal lode mining claims. Recent samples assay at 95.8% to 98.4% total carbon.

The site is notable as the only combined U.S. graphite flake and vein graphite source. Vein graphite is ideal for energy storage applications, because it requires fewer steps to achieve purity than synthetic alternatives and is therefore far less environmentally damaging. This is expected to play a key role in the project’s development as demand for electric vehicles continues to surge.

In March 2023, the company announced its submittal of permit applications to the Bureau of Land Management in respect of its exploration of the Ruby Graphite Project. Its initial drill program, expected to take place in the summer of 2023, includes plans for 3,500 total meters of drilling, cored to an average depth of 130 meters. The targets for this drill program have been identified using historical data from original mine operations and data gathered for the initial 43-101 technical report on the project, dated January 31, 2023.

ZigZag Lithium Property

Located in the Thunder Bay Mining Division of Ontario, the ZigZag Lithium Property consists of eight mining claims spanning roughly 2,710 hectares. Mineralization at the property, most notably lithium, is based in pegmatite dikes and concentrated in spodumene crystals, which are consistent throughout the entire unit.

Spodumene is readily observable in outcrops and in drill cores, with crystal sizes ranging from 3-15cm, on average.

Reflex Advanced Materials and American Energy Technologies Company Metallurgical Partnership

Reflex Advanced Materials has entered into a material processing agreement with American Energy Technologies Co., which is based in Arlington Heights, Illinois, to conduct metallurgical testwork with the goal of creating a technical support data package for Reflex’s target customer base, U.S. Federal agencies and qualification programs with hi-tech customers in the battery and battery storage business.

The resulting coated, spherionized, purified graphite (CSPG) material that is expected to be created from the aforementioned tests will be used to provide potential customers of CSPG with samples so that they can begin the material qualification process.

Market Opportunity

Graphite is an ideal battery anode and has dominated the market since the proliferation of lithium-ion batteries. Despite this demand, there is currently no significant production of lithium-ion battery anode material in North America.

Instead, most graphite sold in North America today is sourced from Chinese producers. U.S. President Joe Biden highlighted this sourcing disparity in a 2022 address:

“The United Stated depends on unreliable foreign sources for many of the strategic and critical materials necessary for the clean energy transition – such as lithium, nickel, cobalt, graphite and manganese for large-capacity batteries,” he said. “Demand for such materials is projected to increase exponentially as the world transitions to a clean energy economy.”

The U.S. Department of Energy is in the process of awarding $2.8 billion to expand domestic manufacturing of batteries for electric vehicles and combat this foreign dependency. Reflex Advanced Materials has identified its Ruby Graphite Project as a prime candidate for U.S.-sponsored initiatives due to the rarity and scarcity of natural graphite deposits in the country.

Processing graphite domestically in the U.S. is expected to provide Reflex Advanced Materials a competitive advantage as manufacturers begin to seek out American supply in the face of increased diplomatic tension. This is critical, as a rise in anode demand is expected to fuel a shortage of 8 million tonnes of graphite by 2040. World Bank Group projects 494% growth in total graphite demand by 2050.

Leadership Team

Paul Gorman is the CEO and a Director of Reflex Advanced Materials. He brings to the company over 25 years of experience in junior mining finance, public listings, viability assessment and operational rationalization. For 18 years, Mr. Gorman served as president and managing partner of Riverbank Capital, where he played an instrumental role in raising more than $85 million for small-cap companies. In 2008, he funded Industrial Minerals Inc. (later Northern Graphite) and served in an advisory role for four other graphite companies, contributing significantly to the revitalization of the junior graphite space in North America. Mr. Gorman founded Mega Graphite Inc. in 2009 and has served as chief executive for three other companies.

Tasheel Jeerh, CPA, is the company’s CFO. He is a finance and accounting professional with over a decade of experience spanning both public and private sectors. Prior to joining Reflex Advanced Materials, Mr. Jeerh played a pivotal role in the growth of a private upstream oil and gas firm, dealing with over $2 billion in M&A activity and $1 billion in financing activities. He gained his designation at PricewaterhouseCoopers, where he worked as a manager in the assurance practice.

Greg Bell is Project Manager for Reflex Advanced Materials. He is a multi-disciplined engineering management professional with more than 40 years of experience in the natural resources sector. Mr. Bell has successfully built and managed several start-up operations in various capacities. He has been active in graphite and lithium exploration for the past seven years.

Christopher W. Hill leads the company’s Corporate Development initiatives. He is an investor and entrepreneur with over a decade of experience in the capital markets. Mr. Hill began his career as an investment advisor and then began to consult and advise private companies on their paths to becoming publicly traded. He specializes in corporate development and strategic financing utilizing his large network in the capital markets.

Reflex Advanced Materials Corp. (RFLXF), closed Tuesday's trading session at $0.0298, up 5.6738%, on 9,000 volume. The average volume for the last 3 months is 20,025 and the stock's 52-week low/high is $0.0203/$0.2269.

Recent News

SuperCom Ltd. (NASDAQ: SPCB)

The QualityStocks Daily Newsletter would like to spotlight SuperCom Ltd. (NASDAQ: SPCB) .

SuperCom Ltd. (NASDAQ: SPCB) provides secured solutions for the e-government, IoT and cybersecurity sectors. Since 1988, the company has been a trusted global provider of traditional and digital identity offerings, providing cutting-edge electronic and digital security solutions to governments and organizations, both private and public, around the world.

SuperCom’s mission is to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and complementary services.

The company is headquartered in Tel Aviv, Israel, with offices in California and other regions in the U.S.

Business Units

IoT and Connectivity

SuperCom IoT products and solutions provide advanced electronic monitoring solutions and services to criminal justice agencies, enabling customers to detect unauthorized movement of people, vehicles, and other monitored objects. The company provides an all-in-one, field-proven PureSecurity offender monitoring suite, accompanied by services such as GPS monitoring, home detention, domestic violence prevention, and more. The company’s services are specifically tailored to meet each client’s needs.

SuperCom’s proprietary Puresecurity suite of hardware, connectivity, and software components is the foundation for its criminal justice services and offerings. SuperCom is leveraging its extensive technology expertise to implement groundbreaking artificial intelligence (AI) technologies into various parts of its core offerings. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new abilities, such as amplified data analysis, predictive modeling, and streamlined automation – all geared toward optimizing decision-making and operational efficiency.

Competitive advantages of SuperCom’s technology include:

  • Long Battery Life (No Tag Charging Required)
  • Ultra Lightweight Form Factor
  • Next-Gen Location Tech
  • Protection of Domestic Violence Victims
  • And More

 

Cybersecurity

In 2015, SuperCom identified the cybersecurity market as a fast-growing space with significant advantages due to synergistic technologies and a shared customer base with its e-Gov and IoT business units. Consequently, SuperCom strategically acquired Prevision Ltd., a company with a strong presence in the market and a broad range of competitive cybersecurity services.

During the first quarter of 2016, SuperCom acquired Safend Ltd., an international provider of cutting-edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control.

Both acquisitions significantly expanded the breadth of the company’s global cybersecurity capabilities.

e-Gov

Through proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has helped governments, and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors, and lands.

The company has focused on expanding its activities in the traditional identification, or ID, and electronic identification, or e-Gov, markets, including the design, development, and marketing of identification technologies and solutions to governments in Europe, Asia, America, and Africa using SuperCom’s e-Government platforms.

Market Opportunity

Data from Berg Insight estimates the market for electronic monitoring solutions will grow from $1.2 billion in 2021 to $2.1 billion in 2026, marking a CAGR of 10.8% for the forecast period.

High recidivism rates, prison overcrowding, and soaring incarceration costs are some factors that are driving the electronic monitoring of offenders’ market growth.

An analysis by ReportLinker forecasts that the global cybersecurity market will grow from an estimated value of $173.5 billion in 2022 to $266.2 billion by 2027, achieving a CAGR of 8.9% for the period.

The increased number of data breaches worldwide, the ability of malicious actors to operate from anywhere in the world, the links between cyberspace and physical systems, and the difficulty of reducing vulnerabilities and consequences in complex cyber networks are some factors driving the cybersecurity market growth.

Management Team

Ordan Trabelsi is President and CEO of SuperCom. He has over 15 years of experience as CEO, growing high-tech companies globally. He also has experience in research and development and product innovation, as well as hands-on experience in cybersecurity, encryption, advanced mathematics, and mobile and internet network technologies. Prior to joining SuperCom, he served as co-founder and CEO of Klikot Inc., a global social networking company. He holds an MBA from Columbia University and a B.Sc. in Computer Engineering from The Technion: Israel Institute of Technology.

Barak Trabelsi is COO of SuperCom. He has expertise in big data, cyber, mobile, and internet network technologies, as well as extensive experience in product development and strategies. Prior to joining SuperCom, he served as Senior Product Manager at Equinox Ltd. Before that, he served for four years as VP of R&D at Sigma Wave, a wireless, security, and internet-focused company. He holds a B.Sc. in Computer Science and Business, as well as an MBA from Tel Aviv University.

Gil Alfi is VP of Sales at Safend Ltd., SuperCom’s cybersecurity subsidiary. He joined SuperCom in 2016 as VP of Business Development for Safend. He has more than 18 years of experience in technology companies. He served as an R&D team technology lead for more than seven years and as Director of Product Management for various telecom and wireless companies for more than 10 years. Prior to joining SuperCom, he served as Regional Sales Director at Safend, managing sales regions in Europe and Africa. He holds a B.Sc. in Computer Science and Mathematics and an M.Sc. in Computer Science from Bar-Ilan University.

SuperCom Ltd. (NASDAQ: SPCB), closed Tuesday's trading session at $4.17, up 10.9043%, on 857,098 volume. The average volume for the last 3 months is 238,531 and the stock's 52-week low/high is $2.55/$22.60.

Recent News

Bebuzee Inc. (OTC: BBUZ)

The QualityStocks Daily Newsletter would like to spotlightFathom Bebuzee Inc. (OTC: BBUZ) .

Bebuzee Inc. (OTC: BBUZ), formerly Engage Mobility Inc., is a social platform and streaming service focused on development and deployment of America’s first superapp. The superapp will allow members to watch a wide variety of content, such as movies, series, documentaries and talk shows, on any internet-connected device.

Bebuzee’s technology scans the world’s news, features and information-flow to give its dedicated readers the best of the internet in one place – a one-stop platform for breaking news, interesting and important blogs, videos and photos.

The core features of the superapp include video streaming; photo sharing; Bebuzee Messaging service, which allows users to send text and voice messages and make voice and video calls; Shortbuz, used to make a variety of short-form entertaining videos; Blogbuz, a resource for people without time to scavenge the internet and other sources for news and information; Properbuz global real estate search; global tradesmen search; location reviews of neighborhoods, cities and even regions to help others find their ideal rental or real estate purchase; ShoppingBuz, a unique technology-driven e-commerce platform which gives merchants incredible tools to sell their products; Bebuzee Pay, a mobile payment and digital wallet service that allows users to make mobile payments and online transactions; TravelBuz, an online travel booking service; EventBuz, a ticket exchange and resale platform; and FlightBuz, a flight search engine.

The company is headquartered in Miami.

Introducing the Superapp to Western Markets

A superapp is a mobile phone app that offers a wide range of services within a single platform. This technology allows users to access various services without downloading and switching between multiple apps.

While superapps are popular in many parts of the world, including Latin America, Africa, the Middle East, Asia and Russia, they have achieved little adoption in Western markets. Perhaps the most widely known superapp is WeChat, which is estimated to have as many as 1.24 billion users, mostly in China.

Bebuzee aims to be the first developer to introduce and grow to widespread popularity a superapp in the U.S. and Europe. It took a strong step toward achieving this goal during the COVID-19 pandemic, when Bebuzee’s user base surged by 78% with over 42 million new users.

Whereas most social platforms are generic and only local postings make them somewhat relevant to local communities, Bebuzee has localized its platform for most countries by providing local content, entertainment and information that is frequently updated and refreshed.

The company says the average age of its superapp users is 39, with female users making up 62.8% of its user base. Its monetization strategy includes sales of video advertising, sponsored posts, banner ads and premium listings, as well as promotion of featured brands and property listings.

Market Opportunity

A report from Allied Market Research, a global market research, consulting and advisory firm, estimated that the worldwide superapps market was valued at $58.6 billion in 2022. The report projects the market to expand to $722.4 billion by 2032, growing at a CAGR of 28.9% for the forecast period.

The report identifies a few of the most popular superapps as Rappi in Latin America, Snapp in Iran, Line in Japan and Yandex Go in Russia and Kazakhstan.

Increasing adoption of mobile services and growing advancements in digital technologies are driving the growth of this market. In addition, a rise in government support for promoting the use of superapps is lending to expansion, according to the report.

Integration of blockchain technology in superapps is likewise anticipated to provide numerous opportunities for the expansion of the market during the forecast period, the report states.

Management Team

Joseph Onyero is Founder and CEO of Bebuzee. He has a background of managing multiple products from ideation to market launch and profitable monetization and has been building commercial web presences since 2005. He has worked as a Chief Marketing Officer and in business development. He previously owned and operated a travel and tourism company. He began in 2005 working on the concept and features that have evolved into the Bebuzee suite. He has grown Bebuzee from a living room start-up into a U.S. publicly traded company.

Claudia S. Spagnuolo is Chief Operating Officer at Bebuzee. She began with the company in 2014 as a user experience manager before being promoted to CMO in 2017. She previously worked as an assistant marketing director at the National Secretariat of the union CISL in Italy. Prior to that, she also worked as a researcher at the Complutense University of Madrid on issues of corporate management. She speaks three languages and holds a bachelor’s in political science and a master’s in administration from the University of Perugia in Italy.

Bebuzee Inc. (OTC: BBUZ), closed Tuesday's trading session at $0.0697, up 31.1383%, on 59,000 volume. The average volume for the last 3 months is 39,646 and the stock's 52-week low/high is $0.01955/$0.359.

Recent News

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPRMissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

QualityStocks is compensated by the companies in The QS Company Corner. These companies will include a disclaimer with the amount and term of compensation.

Please consult the QualityStocks Market Basics Section on our site.

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


QualityStocksTwits

QualityStocksTwits is your stock tracking service portal to Twitter's universe of stock picks, commentary and research.

Visit Portal


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPRMissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

QualityStocks is compensated by the companies in The QS Company Corner. These companies will include a disclaimer with the amount and term of compensation.

Please consult the QualityStocks Market Basics Section on our site.

The QualityStocks Numbers Report

By The Numbers Chart

Top Performers


QualityStocksTwits

QualityStocksTwits is your stock tracking service portal to Twitter's universe of stock picks, commentary and research.

Visit Portal


The QualityStocks Sponsored News


The QualityStocks DailyNetwork Sponsors

CannabisNewsWireCanadianCannabisNewsWireCNW420CannabisNewsWatchCBDWireCryptoCurrencyWireGot Stocks?Got Stock Tips?Green On The StreetHempWireNewsInvestorOutreachCenterMissionIRMissionIR MediaMissionPR MissionSMRNetworkNewsWireNetworkNewsWatchNetworkWireQualityStocks MediaQualityStocksQualityStocks TwitsSeriousTradersSmallCapRelationsSocial Media RelationsSmallCapSocietyTiny GemsTip.usTraderPower

ActionStockPicksAgressive StocksBetting On Wall StreetGreen Car StocksGreen Energy StocksHomeRunStocksInvestorBrandWireQStocksStock BeatsStockTipsStocks To Buy NowTerrificStocks

About The QualityStocks Daily

The QualityStocks Daily Newsletter brings you the latest company News and Profiles featuring the "Top Movers and Shakers" from the Small Cap Market each trading day. QualityStocks is committed to bring our subscribers Public companies in our Newsletter Section "Free of Charge" based on Percentage gained, Momentum, Press, and or Company Fundamentals.

Why do we spotlight companies for Free?
We Want To bring our subscribers the top movers in an unbiased setting.

"Homework Eliminates Mistakes"
Please never invest in a company anyone profiles unless you do the proper research and due diligence.

QualityStocks is compensated by the companies in The QS Company Corner. These companies will include a disclaimer with the amount and term of compensation.

Please consult the QualityStocks Market Basics Section on our site.