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October 28, 2024

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In the fast-paced world of trading, success often hinges on screening for the best ideas in real-time to find trading opportunities. At OptionsPlay, we are committed to providing our users with the latest cutting-edge tools to automate the manual process of researching options trades. This is why we are thrilled to announce a groundbreaking partnership with StockCharts.com, a leader in technical analysis, charting, and screening.

This new integration merges the world-class technical analysis screening capabilities of StockCharts with the powerful real-time options screening and strategy tools of OptionsPlay, delivering fully personalized opportunities for options traders in real-time.

A Powerful Synergy for Traders

This integration represents the best of both worlds for traders and investors. By combining StockCharts’ robust technical analysis platform with OptionsPlay’s dynamic options strategy engine, users now have a single, unified solution that screens technical analysis and options strategies simultaneously in real time.

  • Comprehensive Technical Analysis. StockCharts.com is renowned for its extensive charting tools and real-time screening capabilities.
  • Advanced Options Screening. OptionsPlay takes this a step further by analyzing all technical ideas for the optimal options strategy and ranking them in real-time.

Key Features of the Integration

With the integration of OptionsPlay into the StockCharts.com platform, users will benefit from a host of new features designed to enhance their trading process:

  • Real-Time Options Strategies. Access personalized options strategies for every trade idea. These strategies are updated in real-time to fit your preferences, ensuring you are always equipped with relevant and actionable ideas.
  • Real-Time Technical and Options Trade Ideas. Each day, you can scan through a curated list of bullish and bearish trade ideas, with strategies ranked and sorted for optimal options strategies. Whether you prefer trend-following or counter-trend approaches, you’ll find several ideas tailored to your trading style.
  • Seamless Integration. The collaboration between StockCharts and OptionsPlay ensures a seamless experience. Users can easily toggle between chart analysis and options strategy development, making identifying and executing trades more efficient.
  • Award-Winning OptionsPlay Platform. The collaboration between StockCharts and OptionsPlay ensures a seamless integration of the OptionsPlay platform within the StockCharts.com tools.
  • Educational Resources. Both StockCharts.com and OptionsPlay are committed to empowering traders with knowledge. Through this integration, users will access a wealth of educational materials that help them understand not just the “what” but the “why” behind each strategy, fostering deeper insights and better trading decisions.

The Best of Both Worlds

This partnership between StockCharts.com and OptionsPlay is more than just a combination of tools—it’s a fusion of expertise designed to elevate your trading. Whether you are a technical analyst looking to incorporate options into your strategy or an options trader seeking the precision of top-tier charting, this integration offers a comprehensive solution that caters to all your trading needs.

What This Means for You

This integration opens up new possibilities for our valued StockCharts users. You no longer have to switch between platforms or manually piece together disparate data points. Instead, you can enjoy a unified, streamlined experience that combines the strengths of two leading platforms.

Imagine analyzing a stock’s trend on a StockCharts.com chart and immediately viewing the best options strategies available for that stock—all within the same screen. With this integration, you can identify trading opportunities for options trades within seconds.

Join Us on the Next Evolution of Trading

We invite all StockCharts.com users to explore the new integration with OptionsPlay and experience how this powerful combination can enhance your trading strategies. Whether you are a seasoned trader or just starting out, this new toolset is designed to give you the edge you need in today’s markets.

With OptionsPlay, StockCharts.com is committed to helping you trade smarter, faster, and more confidently. We’re excited to see how you leverage this powerful new integration to achieve your trading goals.

Learn more: Visit the OptionsPlay support page to explore the full capabilities of this exciting new feature.

The secular bull market in stocks has been epic both in duration and extent. The NASDAQ 100 Index illustrates this bull run best of all. Using Wyckoff Method classic trendline construction techniques, the chart below illuminates this secular bull phenomena. The stride of the bull market run is set with three points in 2010 and 2011. Drawing a Demand Trendline on the two reaction points and an OverBought (Supply Line) on the intervening high price, the Stride of the advance is defined for the next 14 years (and the bull run is still going strong). The upward trend has ebbed and flowed during the long advance, swinging between the Overbought and OverSold Trendline extremes. And at times throwing over and under these Trendline boundaries. These throwovers typically are long term overbought and oversold conditions. Presently the NASDAQ 100 is above the OverBought threshold of the upward channel, creating the classic Wyckoff throwover. Is this index vulnerable to a reaction back into the channel?  

NASDAQ 100 Index 2008-Present

Extremes in sentiment can be characterized by the classic equity put to call volume ratio. In the lower panel the Put/Call Ratio for CBOE equity option volume is plotted. An extremely low reading for this ratio indicates high call option volume in relation to put option activity. High call activity characterizes broad bullishness by option traders. Conversely, a high reading by this oscillator reflects extreme put volume and reflects intense bearishness. What makes this particular view of the Put/Call indicator noteworthy is the 10 Week Moving Average time frame. The long term construction of this indicator moves slowly and deliberately from Bullish to Bearish extreme and back again. This coincides well with the secular view of the upward striding NDX 100. Note the correlation of the OverBought and OverSold extremes around the edges of the trend channel and how well it syncs up with trading sentiment as defined by the 10 WMA Put/Call ratio.

Two notable conditions on the chart have recently occurred. In the third quarter (July) the NDX­-100 jumped above the Supply Trendline and became classically OverBought. Now, as the fourth quarter gets underway a Test of the July high is underway. Second, during the current Test of the July high the 10 WMA of the Put/Call Ratio has suddenly tumbled down into extreme call volume readings signaling that sentiment has become bullish and frothy, on a longer term 10 week basis!

Sentiment indicators are best evaluated as environmental in nature. Thus signaling that the upward trend of the stock market has suddenly become crowded with bullish speculators and investors. Sentiment indicators tell us when the rewards relative to the risks are high or low. The long term Put/Call Ratio now signals that bullish reward potential is diminished, and the risks are high. 

Wyckoffians would be watching the relationship between the NDX-100 index and the Overbought trendline. Often a decline back into the trend channel from an OverBought condition leads to volatility and a decline toward the Demand Line and an OverSold condition. Note also the position of the 39-week moving average (red dotted line) which is poised at the same level as the upper trend channel line. A drop of the NDX-100 into the channel would breach both of these noteworthy lines. 

All the Best,

Bruce

@rdwyckoff

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. 

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I recently joined Dale ‘Coach’ Pinkert at ForexAnalytix for this discussion of the present position of the stock market and interest rates. To view it (Click here).

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Tartana Minerals Limited (ASX: TAT) (the Company), is pleased to advise that it has received assays and metallurgical testwork based on sampling the D15 metallurgical hole drilled in May this year. D15 hole was a diamond hole drilled at initially PQ size and decreasing to HQ size and drilled to 300 metres depth and was drilled parallel and below TRC098 which had previously intersected 77 m @ 0.62% Cu.

Highlights:

Tartana D15 assays confirm broad zones of copper mineralisation including 76 m @ 0.60% Cu, 178 m @ 0.40% Cu or 221 m @ 0.35% Cu, all from 31 m depth downhole.Excellent copper recoveries (89%) to saleable copper concentrate when testing a sample that was below the resource grade average.Bulk Sample Tomra ore sorting results indicate that using this process will result in a 72% grade increase and recover 71% of the contained copper.Mineralisation trends indicates the presence of a higher grade zones (1 million tonnes @ 0.82% Cu) enabling the potential for a high grade starter pit with the remaining resource at 8.5 million tonnes @ 0.38 % Cu which can be upgraded if required.The results form part of a Scoping Study which will investigate options for third party processing and/or installation of a copper sulphide crushing, milling and flotation plant or a combination of both. This is separate from the current copper sulphate pentahydrate production which is ongoing.

The hole was successfully completed on 13th May 2024. The assay and metallurgical data have now been received and as discussed below, have returned positive results which can be incorporated into a Scoping Study which will also consider processing options. These options include third party processing and/or installation of a copper sulphide crushing, milling and flotation plant and which may be a combination of both.

Tartana Primary Copper Mineralisation

The Company has previously advised the presence of primary copper (chalcopyrite) mineralisation below the Tartana pit floor and in early 2023 reported 45,000 tonnes of contained copper resource to 130 m depth (see ASX release dated 9 February 2023). The details are outlined in Figure 1.

The resource grade and tonnage for the total primary and transitional resources at different cut-off grades are presented in Figure 2.

The Company has designed a drilling programme with a target of increasing the current resource to greater than 100,000 tonnes of contained copper which includes drilling to test mineralisation below 130 m depth and also shallower mineralisation on the periphery of the resource.

However, prior to embarking on this drilling campaign, in May 2024 the Company drilled a metallurgical test hole (D15). This was a diamond hole drilled with large diameter core commencing with PQ size and then reducing to HQ core to increase the recovered core sample. It was drilled to 300 metres depth and was drilled parallel and below TRC098 which had previously intersected 77 m @ 0.62% Cu although D15 was drilled beyond the edge of the existing resource. The purpose of the hole was to:

Test mineralisation trends including continuity downdip from TRC098 and other nearby holes and beyond the existing resource.Check assay grade variability between chips from the earlier RC drilling and diamond drill core.Inspect geological features such as lithologies, bedding trends and structural logging.Provide an adequately sized sample for flotation and recovery testwork to produce a saleable copper concentrate. Provide a large bulk sample for testing for Tomra ore sorting

The hole was successfully drilled and completed on 13th May 2024. An outline of the findings is presented below.

Click here for the full ASX Release

This post appeared first on investingnews.com

C29 Metals Limited (“C29” or the “Company”) is pleased to announce it has signed a Memorandum of Understanding (MOU) with Volkov Geology a 100% owned subsidiary of Kazatomprom the National and only Uranium producer of Kazakhstan. C29 Metals anticipates signing a commercial agreement in the coming weeks.

HIGHLIGHTS

C29 Metals signs an MOU with Volkov Geology. C29 Metals anticipates signing a commercial agreement in the coming weeks.Volkov Geology is a 100% owned subsidiary of Kazatomprom the National & only Uranium producer of Kazakhstan.Volkov Geology manages all geological, study and drilling services for Kazatomprom.Volkov Geology is a major company in Kazakhstan with approximately 4,500 employees and is the largest driller in Kazakhstan by annual drill metres.In consultation and coordination with C29 Metals Exploration Manager Volkov Geology will provide geological services.

Volkov Geology manages all geological, study and drilling services for Kazatomprom. Volkov Geology is a major company in Kazakhstan with approximately 4,500 employees it is the largest driller in Kazakhstan by annual drill metres.

Volkov Geology has a very deep Uranium exploration and mining history dating back approximately 75 years and owns and operates certified laboratories and has the full technical capability in house.

Volkov Geology will provide oversight and technical geological services in consultation and co- ordination with C29 Metals Exploration Manager for the upcoming drill program anticipated to commence in November 2024. Volkov Geology holds the Uranium permits required for the drilling and transportation of Uranium and will ensure strict compliance with all regulations during the drilling program.

Volkov Geology’s scope does not include the drilling and geophysical surveys of drill holes outlined for the initial 2024 drill program an independent drilling contractor will be appointed. Moving into 2025, C29 Metals anticipate that Volkov Geology’s scope of works will expand in particular into studies, geological modelling and resource estimation.

Commenting on the signing of the MOU, Mr Shannon Green, said:

“This is a significant milestone for the company to have Volkov Geology join us as our geological partner is quite simply an incredible step forward as we rapidly advance towards our stated goal of becoming a globally significant Uranium development company.”

Project Location and History

The Ulytau Uranium Project is located in the Almaty Region of Southern Kazakhstan approximately 15 km southwest of the Bota-Burum mine, one of the largest uranium deposits mined in the former Soviet Union. Exploration for uranium has been carried out in the area since 1953. Production of Uranium at the Bota Burum mine next to the village of Aksuyek commenced in 1956 and continued until 19911.

Click here for the full ASX Release

This post appeared first on investingnews.com

QX Resources Limited (ASX: QXR, ‘QXR’) is pleased to announce that it has received firm commitments to raise $1,000,000 (before costs) through a two-tranche share placement to new and existing sophisticated and professional investors (Placement).

Highlights

Firm commitments received for a two-tranche placement to raise $1 million (before costs) at $0.005 per share (Placement)
Strong bids were received for the Placement, with support from new and existing institutional and sophisticated shareholders, and $150,000 participation by directors (subject to Shareholder approval)Proceeds from the Placement will be used towards progressing the Company’s Queensland gold projects, Western Australian iron ore and hard rock lithium projects, for working capital purposes, and to identify and assess new complimentary project opportunities

200 million shares will be issued under the Placement at 0.5c per share, being a 16% discount to the Company’s last closing price of $0.006 and a 16% discount to the 15-day VWAP.

170,000,000 New Shares to be issued under Listing Rules 7.1 and 7.1A to professional and sophisticated investors to raise a total of $850,000 (Tranche 1); and30,000,000 New Shares in a second tranche to raise a further $150,000 from directors Maurice Feilich and Daniel Smith (and their associates) (Tranche 2).

The Placement includes one free attaching option for every two Shares subscribed for (Attaching Option), exercisable at $0.01 each and expiring 3 years from the date of issue. Tranche 1 Placement Shares will be issued pursuant to the Company’s existing placement capacity under Listing Rules 7.1 and 7.1A.

The Issue of the New Shares under Tranche 2 of the Placement and all the Attaching Options are subject to shareholder approval at a General Meeting to be held in mid-December. Settlement of Tranche 1 of the Placement is due to occur on 6 November 2024.

Click here for the full ASX Release

This post appeared first on investingnews.com

Overview

Boss Energy (ASX:BOE, OTCQX:BQSSF) is a listed Australian producer of uranium. The company has two projects – the 100 percent owned Honeymoon uranium project in South Australia and the 30 percent owned Alta Mesa project in the US.

The macro-environment and steps taken by the US government remain favorable for uranium producers such as Boss Energy. The United States Congress recently enacted legislation prohibiting the importation of Russian uranium products. Known as the Prohibiting Russian Uranium Imports Act (HR 1042), this legislation was passed by the House of Representatives on December 11, 2023, and later approved by the Senate on April 30, 2024. The prohibition is valid until 2040.

The legislation’s sunset provision, set for 2040, aims to encourage the sustained deployment of uranium conversion and enrichment facilities and services in the United States and its allied nations over the long term. This should benefit domestic suppliers such as Boss Energy.

According to UxC estimates, annual uranium demand could surge by nearly 65 percent, exceeding 300 million pounds (Mlbs) U308 by 2030, up from the current demand level of 197 Mlbs U308. Meanwhile, the projected mine supply for 2024 is approximately 155 Mlbs U308, suggesting a deficit of nearly 40 Mlbs.

Moreover, there is an expected surge in demand for uranium due to the projected 18 percent increase in nuclear reactor capacity from 2023 to 2030. Nuclear energy will be critical in meeting the global ambition of net zero emission. Thus, ensuring a secure supply is crucial, and the Honeymoon mine is strategically positioned to provide uranium from South Australia to a market facing escalating geopolitical instability.

Spot uranium prices have jumped dramatically. They are the highest since 2008, at over US$80/lb. Due to the tightness of the uranium supply/demand balance, prices are expected to remain strong.

The company’s first drum production in April 2024 at the Honeymoon mine is timed with strong market fundamentals. Boss has entered into two binding sales agreements to sell ~1.8 Mlbs U308 to two major Western utilities in 2032. These agreements ensure a stable revenue flow for Boss, offer strong profit margins, and reinforce the trust utilities placed in the supply from the Honeymoon Uranium Mine in South Australia.

Honeymoon utilizes in-situ recovery (ISR) coupled with ion exchange for uranium extraction and processing. The process is environmentally friendly and more cost efficient compared to traditional mining.

Boss is expanding its senior management team to align with its expanding presence as a global uranium producer. Justin Laird, a highly experienced financial executive, has been appointed CFO, while Robert Gordon, a respected mine production executive, has taken on the role of general manager at Honeymoon.

As of 31 March 2024, the company had AU$100 million in cash and no debt. It also holds a strategic inventory of 1.25 Mlb of U308, which has a current spot market value of AU$169 million. Boss Energy possesses multiple producing uranium mines and is strategically positioned to capitalize on the improving fundamentals of the uranium market.

Company Highlights

Boss Energy is an Australia-based uranium producer focused on its two key projects – the 100 percent owned Honeymoon Uranium Project in South Australia and the 30 percent owned Alta Mesa Project in the US.In June 2024 Boss became a multi-mine uranium producer through the Honeymoon and Alta Mesa Projects.The Honeymoon uranium mine commenced production in April 2024, with the first sale of uranium expected in July 2024. Annual production at Honeymoon is forecast to reach 2.45 Mlbs of U3O8. The Alta Mesa uranium mine commenced production in June 2024, with first sale of uranium expected in October 2024. Annual production at Alta Mesa is forecast to reach 1.50 Mlbs of U3O8. Once steady-state operations are established, Boss’s 30 percent share of the production amounts to 500,000 lbs per year. Uranium prices have been the highest since 2008 at over US$80/lb. Prices are expected to remain strong due to the tightness of the uranium supply/demand balance. The company’s first production is timed with strong market fundamentals. The company has signed two sales agreements to supply 1.8 million pounds of U3O8 to leading power utilities in Europe and the US, spanning eight years from 2024 to 2032. The company plans to pursue additional agreements as the price of uranium increases.

Key Projects

Honeymoon Uranium Project

The 100 percent owned Honeymoon uranium project is situated in South Australia, approximately 80 kms northwest of the town of Broken Hill. The project is home to the historical Honeymoon uranium mine, Australia’s second operating in-situ recovery uranium mine. It began production in 2011 under the previous ownership of Uranium One. Operations at Honeymoon were halted in November 2013 due to declining uranium prices. Subsequently, Boss Energy acquired the project in 2015. The company has since restarted the mine, with the first drum of uranium produced in April 2024.

Boss Energy’s enhanced feasibility study (EFS), released in June 2021, demonstrates the financial robustness of the Honeymoon mine. It indicates an 11-year mine life, a production rate of 2.45 Mlb/annum, and a pre-tax NPV of 8 percent of US$309 million at the U3O8 price of US$60/lb. The existing EFS is based on just 50 percent of the existing JORC resource, i.e. only 36 Mlbs of the total JORC Resource of 71.6 Mlbs.

Using the remaining identified JORC resource, there is considerable potential to prolong the mine’s lifespan and enhance the production nameplate capacity of 2.45 Mlb per annum. Boss Energy is currently implementing strategies to boost both the production rate and the lifespan of operations at Honeymoon. This includes targeting satellite deposits such as Gould’s Dam (25 Mlb of U3O8) and Jason (11 Mlb of U3O8).

These target deposits are expected to increase the forecasted production at Honeymoon from 2.45 Mlbs per annum of U308 to over 3 Mlbs per annum.

Alta Mesa Project

The 30 percent owned Alta Mesa project is a high-grade uranium ISR project in South Texas, a prolific US district for sandstone-hosted ISR production, having historically produced ~80 Mlbs. South Texas is the most progressive permitting production jurisdiction in the United States, and the typical AISC for similar ISR projects in the region is US$30-35/lb.

Boss Energy purchased its 30 percent stake in the Alta Mesa project from enCore Energy for US$60 million in cash. enCore Energy is a reputable US uranium developer and operator with a strong track record. They successfully initiated operations at the Rosita ISR re-start project in the United States in just 20 months. Prior to this, the enCore Energy team managed the Alta Mesa project before undergoing care and maintenance.

The Alta Mesa project boasts an NI 43-101 compliant resource with 3.41 Mlbs at 0.109 percent U3O8 in the measured and indicated category, and 16.97 Mlbs at 0.120 percent U3O8 classified as inferred. The project has an annual production capacity of 1.5 Mlbs U3O8, with Boss Energy’s share at 500,000 lbs per annum. The project commissioning is on track, with the first production expected in May 2024.

Management Team

Duncan Craib – Executive Director and CEO

Duncan Craib has been the chief executive officer of Boss Energy since January 2017. He has significant experience in mining, especially in the uranium industry. He has worked in senior leadership roles across geographies, including Australia, the United Kingdom, Namibia and China. Before joining Boss Energy, Craib was the finance director at Swakop Uranium. He played a significant role in developing and constructing the Husab uranium mine in Namibia, a project valued at US$2.5 billion. Husab, considered world-class, was commissioned in 2016.

Justin Laird – Chief Financial Officer

Before joining Boss, Justin Laird was the manager of business projects at Wesfarmers (ASX:WES). During his nine-year tenure, he held various senior roles in business development, led transaction and finance teams, expanded new ventures, and fulfilled other commercial and strategic responsibilities. He is a chartered accountant.

Wyatt Buck – Non-executive Chairman

Wyatt Buck has significant uranium mining experience, having worked with Cameco Corporation for nearly 15 years. He was the general manager of the McArthur River uranium mine and Key Lake Mill, the largest uranium mining operation in the world. He has held key operational positions at Paladin Energy (ASX:PDN), serving as both general manager and managing director of the Langer Heinrich uranium project in Namibia. He held these roles from the initiation of construction in February 2006 until achieving design-level production. From 2011 onward, Buck has served as operations director at First Quantum Minerals (TSE:FM), where he has supervised mining operations across various locations, including Finland, Spain, Turkey, Australia and Mauritania.

Jan Honeyman – Non-executive Director

Jan Honeyman is an experienced human resources professional, most recently with global miner First Quantum Minerals, where she was the director of HR for 16 years. Prior to this, she worked in HR and talent management with various companies, including Halliburton.

Bryn James – Non-executive Director

Bryn James is a member of the Australian Institute of Mining and Metallurgy, with over two decades of involvement in the Australian uranium sector. He possesses extensive experience across all stages of the mining process, with a specific focus on uranium in-situ recovery (ISR), as well as mine development and production. Previously, he worked with ISR uranium producer Heathgate Resources. He also served as the chief operating officer of Canada-based uranium developer Laramide Resources (ASX/TSX:LAM,OTC:LMRXF).

Robert Gordon – General Manager

Robert Gordon brings vast experience in operating processing plants and managing projects within the global resources sector. Previously, he served as the process plant operations manager at Newcrest Mining. His expertise spans various aspects of metallurgy, including hydrometallurgy, which aligns with the processes utilized by Boss at Honeymoon.

Jonathan Owen – Project Manager

Jonathan Owen brings over 25 years of experience in all aspects of the mining cycle, from feasibility to handover. With a background in project management and development, he boasts considerable experience, including a decade spent at First Quantum Minerals as a project manager overseeing the African Sentinel copper/nickel development. More recently, he played a pivotal role in the handover of the Cobre Panama copper/gold processing plant.

Jason Cherry – Geology Manager

Jason Cherry is a seasoned uranium exploration geologist with 17 years of experience and has expertise in diverse mining styles of uranium mineralization. He spent several years at Honeymoon, where he played a significant role in the discovery of new uranium resources, including the satellite deposits of Jasons and Goulds Dam.

This post appeared first on investingnews.com

Troy Minerals Inc. (‘Troy’ or the ‘Company’) (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to announce the completion of its initial exploration program at its Table Mountain Silica Project, located 4 kilometers east of Golden, B.C

The Company has completed a comprehensive surface sampling program across the property’s Mount Wilson Formation quartzite units, which are known to host high-purity silica mineralization. Multiple samples were collected across the property’s extensive strike length, focusing on areas where previous sampling had indicated high-purity quartzite occurrences.

All samples have been securely packaged and are being submitted to ALS Laboratories in North Vancouver, B.C. for analysis. The samples will undergo comprehensive testing to determine silica (SiO2) content and other relevant constituents. Results from this program will help guide future exploration and development activities at the project.

‘The completion of this sampling program represents an important step in advancing our Table Mountain Project,’ stated Rana Vig, President and CEO of Troy Minerals. ‘Given the project’s strategic location near existing infrastructure and other silica mines, we are excited to receive the analytical results and further understand the potential of this highly prospective property.’

The Table Mountain Silica Project consists of 1,698 hectares with excellent year-round access and proximity to the Canadian Pacific Railway Golden Rail Yard. The property hosts up to 10 kilometers of regionally mapped strike length of the Mount Wilson Formation, with apparent widths ranging from 300 to 1,400 metres at surface. (1)

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a ‘Qualified Person’ as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Table Mountain Project vendor.

Sources

ON BEHALF OF THE BOARD
Rana Vig | President & CEO
604-218-4766
rana@ranavig.com

Forward-Looking Statements

Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the ‘Company’) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE: Troy Minerals Inc.

View the original press release on accesswire.com

News Provided by ACCESSWIRE via QuoteMedia

This post appeared first on investingnews.com

Thick, toxic smog has once again enveloped northern India and eastern Pakistan just days before the start of Diwali, a Hindu festival typically celebrated with fireworks that each year sends air quality plummeting.

The air quality index in the Indian capital of Delhi was roughly 250 on Monday morning, after days in the “very unhealthy” zone above 200, according to IQAir, which tracks global air quality.

In the Pakistani city of Lahore, roughly 25 kilometers (15 miles) from the Indian border, air quality surpassed a “hazardous” 500 on Monday – almost 65 times the World Health Organization’s guidelines for healthy air – making it the most polluted city in the world at the time of the ranking, according to IQAir.

Air quality across the region is set to worsen as winter smog season approaches, when an ominous yellow haze blankets the skies due to farmers burning agricultural waste, coal-fired power plants, traffic and windless winter days.

Diwali, the Hindu festival of lights, is set to begin Thursday – a five day celebration during which people gather with their families, feast and set off firecrackers, in some cases in defiance of local bans, further exacerbating air pollution.

Dystopian scenes of orange haze and buildings enveloped by fog emerge each year as smog season dominates the news, raising alarm as doctors warn of the risk of respiratory diseases and impacts on life expectancy. India’s air pollution has been found to be so bad, that experts have warned smog could take years off the lives of hundreds of millions of people.

Residents and experts have long questioned why India has failed to curb air pollution, as Delhi and its neighboring states butt heads over who is really to blame.

Delhi had banned the use and sale of firecrackers ahead of Diwali, but the policy has been difficult to implement.

Last week, India’s Supreme Court condemned governments of the Punjab and Haryana states for failing to crack down on illegal stubble burning, the practice whereby farmers set crop waste on fire to clear fields. Local officials claim they have reduced the practice significantly in recent years.

The Indian government also launched its nationwide Clean Air Programme in 2019, ushering in strategies across 24 states and union territories to reduce particulate matter concentration, a term for air pollutants, by 40% by 2026. The measures include cracking down on coal-based power plants, setting up air monitoring systems and banning burning of biomass.

Officials have also begun sprinkling water on roads and even inducing artificial rainfall to combat air pollution in the Indian capital, though experts say these are band-aid solutions that fail to address the underlying issues.

Some Indian cities have seen improvements in their air quality, according to government data, but progress has been slow.

Between 2018 and 2022, New Delhi’s average PM2.5 concentration (a measure of pollutants in the air) for the month of November, when the pollution season typically begins, more or less stayed the same, according to IQAir.

Experts in the past have questioned whether India has the political will to combat pollution.

This post appeared first on cnn.com

Adam Crapser has become something of a cause celebre for what critics say is a flawed United States law that unfairly leaves tens of thousands of international adoptees in limbo without citizenship.

Eight years after he was deported from the US – his home for decades – Crapser was in a Seoul courtroom on Wednesday, suing for restitution on what he called a flawed adoption process that has made a shambles of his life.

As a bill in Congress that could bring the 49-year-old back to the US waits in committee, Crapser’s case puts a spotlight on an international adoption system loophole – one that has torn some families apart.

“I wanted to be with her. I wanted to raise her. I wanted to be in her life. I wanted to be her father. I wanted to do everything that I could to give her a life that I didn’t have,” Crapser said. “I want her to know definitively that since all of this started — before she was born — that I have been fighting this.”

Crapser was adopted by a Michigan family in 1979 and lived in the US for 37 years. His American family and guardians, however, failed to secure the paperwork for his citizenship and he was deported after a lengthy legal battle in 2016.

“I’m stuck. I’ve been in between like this for a significant amount of time,” Crapser said of his desire to return to his family and the uncertainty of his future.

Crapser made history as the first Korean adoptee to sue the South Korean government and his adoption agency for damages in 2019.

As he awaits a court decision in Seoul, a bill that could grant him US citizenship remains stalled in Congress.

The proposed bill, the Adoptee Citizenship Act of 2024, aims to grant automatic citizenship to international adoptees and rectify the loophole in the Child Citizenship Act of 2000, which excluded those who were 18 or older at the time the law was enacted.

Crapser, who was 25 when the law was passed, did not gain US citizenship.

Crapser remains skeptical about the passage of the new bill, pointing out that it “probably” may not happen “in our lifetimes,” based on the lack of progress since discussions of the recently introduced legislation began in 2017. 

A spokesperson for Democratic Rep. Adam Smith of Washington, one of the co-sponsors of the legislation, said, “While it’s unlikely that we’ll see more movement in the rest of the 118th Congress” — which ends in January 2025 — “given the election and the lame-duck period we’re expecting, we are hopeful that this very necessary bill progresses in future Congresses to become law.”

The bill has been referred to the Senate and House Judiciary Committees for review.

A gap in citizenship

After being abandoned by his initial adoptive parents in the 1980s, Crapser moved between foster homes and care facilities, according to a 2023 court case in the Seoul Central District Court.

In 1989, he was adopted by another couple, who were prosecuted in 1991 for charges of physical abuse and assault against foster and adopted children and found guilty in 1992.

Around 2012, when Crapser applied for the renewal of his expired permanent residency – commonly known as a “green card” – his criminal record, including charges of burglary and assault, drew the attention of US immigration officials, according to the court case.

“It’s been said a lot that I made a lot of mistakes and I got into a lot of trouble in the United States, and I admit that,” Crapser said during testimony Wednesday, according to the Associated Press. “I survived the best that I could in the United States, without a family and without any Korean people around me.”

The criminal record was deemed a violation of his green card status, and in 2016 he lost his fight against deportation back to South Korea, where he was born — but a place where he didn’t know the language or customs.

Having grown up with no exposure to Koreans, he says he grapples with a sense of disconnect from the place he is expected to call home.

“I don’t have any choice,” Crapser said. “All I know is American culture. I didn’t know anything about Korean customs, cultures, rules, history, or anything because it was intentionally kept from me.”

Anguish over his family separation

Despite his 10-year-ban on returning to the US, he said he’s pursued legal avenues to be with his children. He has not seen his 10-year-old daughter since 2017.

“I’ve literally tried every single legal remedy to try and get back to the United States earlier so I could be in my child’s life, and that has not been successful,” he said.

Crapser can file for waivers in two years, he says, but remains uncertain about how long that legislative process will take. Attempting to return to the US beforehand could result in a lifetime ban.

“I want to make sure that there’s a historical record, not only for my children, but also for the history of adoption that this has to do with other countries where they failed to ensure the children receive naturalization in the receiving countries,” he added.

In response to recent media reports about adoptions from South Korea in the 1980s, Holt International acknowledged the potential unethical practices in a public statement and noted Holt Children’s Services separated from Holt International in 1977.

“These reports highlight serious concerns, and we do not take these concerns lightly or dismiss the fact that mistakes were likely made,” Holt said in the statement.

Last year, a lower Korean court ruled that Holt must pay Crapser 100 million won ($72,300) in damages for not informing his US adoptive parents about the steps required to secure his citizenship following the completion of his adoption in a US state court, according to the lawsuit.

However, the Seoul Central District Court rejected Crapser’s additional claims against Holt and cleared the government of liability. Both Crapser and Holt filed appeals, with Holt asserting that it bore no legal obligation to ensure Crapser obtained his citizenship, the AP reported.

An attorney for the government stated that officials at that time had no legal obligation to confirm the citizenship status of adoptees and found no clear reason to question the accuracy of Crapser’s paperwork, according to the AP.

The Seoul High Court is set to render its decision on January 8 regarding Crapser’s seeking of monetary damages.

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A woman who went missing on a solo hike in Australia’s Snowy Mountains was found “dazed and injured” on Sunday, police said, after suffering a suspected snake bite while missing for nearly two weeks.

Lovisa Sjoberg, 48, was spotted by rescuers as she walked along a bush trail in Kosciuszko National Park, southwest of the capital Canberra, on Sunday afternoon.

New South Wales Police Superintendent Toby Lindsay said Monday she was “fortunate to be alive” after being bitten by a snake, potentially a copperhead. The venomous species can deliver a painful bite that can lead to death without medical attention.

“She advises that she was bitten by a snake approximately four days prior and had rolled her ankle and was dehydrated,” Lindsay said. “She’s in fact pretty fortunate to be alive and went through a pretty tough time.”

It’s not known how long Sjoberg was missing in the wilderness – she had last been seen driving a rented car on October 15.

Police only started investigating her whereabouts last Monday after the car rental company reported their vehicle had not been returned.

Officers tracked the car to Kiandra, a former gold mining town near the mountains, and investigated the theory that Sjoberg, an avid photographer and experienced hiker, had become lost in the wilderness when she set off on foot.

Police sent up helicopters, planes, and deployed search teams by road, on foot and horseback for six days before spotting her on Sunday.

The northern part of Kosciuszko National Park recently reopened to visitors after an annual closure during winter. The park was closed two months earlier this year to allow aerial culling of deer, pigs and wild horses, known as brumbies, in an effort to protect its alpine environment.

Sjoberg has an Instagram account dedicated to images of wild horses, and members of brumby advocacy groups expressed serious concern for her welfare on social media.

Plans by the New South Wales National Parks and Wildlife Service (NPWS) to shoot brumbies from helicopters led to a failed legal bid to stop the cull this year.

The government said the cull was necessary to protect native plants and animals in the alpine wilderness, which are vulnerable to damage from large numbers of feral animals.

The Snowy Mountains are part of the Great Dividing Range, a mountainous region some 2,300 miles (3,700 kilometers) long, that contains some of Australia’s highest peaks. It’s popular with hikers and skiers who visit nearby resorts during the annual ski season.

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