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February 15, 2025

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The news cycle is in high gear lately, leading to some extra volatility. Traders reacting to the news are getting whipsawed, while chartists remain focused on what really matters. Price. Price isn’t everything, it’s the only thing. News, rumors, fundamentals, the Fed, government policy and everything else are reflected in price. And, perhaps more importantly, it is easier to follow price than to distill the news. 

As chartists, it is not our job to interpret news events or fundamentals. Our job is to set biases aside and focus on price action. We need to answer three questions in a matter-of-fact manner. What is the long-term trend? Is the ETF/stock showing relative strength? Are there any bullish patterns in play? We want to be long when the answer to all three is yes.

TrendInvestorPro specializes in unbiased analysis that focuses exclusively on price action. Each week we define the big trends, identify the leaders and highlight bullish trading setups. We are currently tracking breakouts from mid January (XLI, KRE, ITA) and leadership in several tech-related ETFs (CIBR, IGV, CLOU, AIQ). Click here to take a trial and gain full access.

So what do we do with the news? Ed Seykota, a legendary trend-follower, advocated a systematic approach to trading. His rules-based focused on riding the trend, setting stop-losses and filing the news. This strategy is summed up in his classic Whipsaw Song, which includes the lines:

What do we do when we get a hot news flash?

We stash that flash right in the trash.

Do yourself a favor and stash that flash right in the trash!

Here is a recent “matter-of-fact” example from our ETF Report. SPY is in a long-term uptrend as a bullish cup-with-handle pattern takes shape. First, SPY is trading near a new high and well above the rising 200-day SMA. Second, the middle window shows the SPY/IWM ratio breaking out in mid December and again in February. This ratio rises when SPY (large-caps) outperforms IWM (small-caps).

SPY is in a long-term uptrend and showing relative strength. This leaves us with the third question. Is there a bullish pattern or trading setup on the price chart? SPY corrected from mid December to mid January and broke out on January 21st. At the time, a falling wedge (pink lines) formed and this bullish breakout featured in our report/video that week. New patterns emerge as bars are added and I now see a cup-with-handle, which is a bullish continuation pattern (blue lines). Rim resistance is set at 610 and a breakout here would confirm the pattern.

For subscribers to TrendInvestorPro, this report continues with a video covering the cup-with-handle pattern in detail. We discuss the rationale behind the pattern, a confirmation level, the price target and the re-evaluation level. Click here to take a trial and gain full access.

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As part of the DP Alert, we cover Bitcoin and the Dollar every market day. We have been watching some bearish indications on both Bitcoin and the Dollar with the double top chart patterns.

On Bitcoin, price has been moving mostly sideways above support at 90,000. This happens to be the confirmation line of the double top formation. The chart pattern calls for a decline the height of the pattern, which would give us a minimum downside target at about 75,000. The PMO is now in negative territory, but we do see that Stochastics have turned up. Support could hold here and price could continue to meander sideways, but, with this pattern, it is highly vulnerable.

On the weekly chart we see a parabolic advance followed by high level consolidation that formed a bull flag. After the last rally powered price up, we aren’t seeing high level consolidation; it instead looks like a topping formation with the double top very visible. The weekly PMO is nearing a Crossover SELL Signal, which doesn’t bode well.

The Dollar also has a bearish double top visible on the daily and weekly charts. It looked pretty good for the Dollar coming out of a bullish flag formation, but the rally stalled and set up the second top. Technically, the confirmation line (middle of the “M”) has been broken with Friday’s action. The RSI is negative and the PMO is in decline. Unlike Bitcoin, Stochastics are moving lower, suggesting we will see more downside out of the Dollar. That would be good for Gold, which is already enjoying a strong rally. The minimum downside target of the pattern would be around 28.25.

We had an especially bullish breakout from a bearish rising wedge, but now we have that double top. The weekly PMO has turned down, and price looks as if it will be back within the wedge soon.

Conclusion: We have bearish double tops on Bitcoin and the Dollar. Bitcoin has an opportunity to avoid the breakdown given rising Stochastics, but the Dollar seems destined to continue to make its way lower with dropping Stochastics. Downside targets are 75,000 for Bitcoin and 28.25 for the Dollar.


The DP Alert: Your First Stop to a Great Trade!

Before you trade any stock or ETF, you need to know the trend and condition of the market. The DP Alert gives you all you need to know with an executive summary of the market’s current trend and condition. It covers more than the market! We look at Bitcoin, Yields, Bonds, Gold, the Dollar, Gold Miners and Crude Oil! Only $50/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!


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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. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


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Bear Market Rules


How can we define the market trend on multiple time frames, so we can better identify trend changes and ensure we are following the drive of market forces?  Today I’ll describe my proprietary Market Trend Model to define the short-term, medium-term, and long-term trends, and share what it’s telling us about market conditions in February 2025.

Using Moving Averages to Define the Trend

Using a simple daily chart with the 50-day and 200-day moving averages, we can show why the slope of the moving average can provide valuable insights on trend direction.  Let’s look at the daily chart of Apple (AAPL), and we’ll focus on a highlighted period in 2023-2024.

Starting with the 200-day moving average, we can see that the 200-day tends to slope higher during uptrends and lower during downtrends.  So for the highlighted period in 2023 and 2024, the 200-day moving average tended to slope higher through that entire trend.

Note how there were a couple meaningful pullbacks in the price of AAPL in Q3 2023 and Q2 2024.  While the 200-day moving average was still sloping higher, the 50-day moving average sloped downward in each of those pullbacks.  So by using two moving averages of varying periods, we can define the trend by simply looking at the slope of the moving averages.

We can also use a crossover technique and look for golden crosses (short-term moving average crosses above long-term moving average) and death crosses (short-term moving average crosses below long-term moving average) as a way of determining changes in those trends.

Exponential Moving Averages Improve Trend Detection

The problem with simple moving averages, as used above, is that they weigh all the data points equally in the calculation.  So what happened two days ago has the same impact as what happened 192 days ago!  By using exponential moving averages, which weight the most recent data the most, our charts will react more quickly to changes in the trend.

My Market Trend Model uses a series of exponential moving averages on a weekly chart of the S&P 500 to define the secular (long-term), cyclical (medium-term), and tactical (short-term) time frames.  By using the PPO indicator, I can chart the trends using a histogram and simply check if the comparison is above or below the zero line.

Based on my model, the long-term trend has been bullish since March 2023.  The medium-term trend, which is the most important one for my own portfolio analysis, turned bullish in November 2023.  And the short-term trend just turned bullish in early January after flipping bearish in early December of last year.

Tracking the Market Trend Model in February 2025

When my Market Trend Model is bullish on all three time frames, as it is as of this Friday’s closing price data, it tells me to be looking for long ideas and make sure I am taking on risk in my portfolio.  If the short-term trend would turn bearish, that would indicate a pullback phase within the long-term uptrend, as we observed a number of times in 2024.

The key signal I’m looking for would be the medium-term trend turning bearish, which last occurred in September 2023.  That signal would tell me to go more risk-off, to get more defensive, and to focus more on capital preservation than capital appreciation.  For now, my Market Trend Model is suggesting a market trending higher.  And until the medium-term trend turns bearish, I’m inclined to assume the market trend is innocent until proven guilty!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

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.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

The stock market is like a river — constantly changing without knowing what lies ahead. Sometimes it’s calm. Other times it’s choppy. And when the stock market is choppy, it can leave investors in a dilemma, leading them to make irrational investment decisions.

The broader stock market indexes have been choppy lately, going up one day and down the next. Frequent news headlines such as tariffs, inflation data, and earnings influence market price action. This makes it a very challenging environment for investors. So how should you position your portfolio in this type of market?

Instead of chasing headlines, navigate the market by analyzing the overall trend and momentum. Start with the big picture before diving into individual stocks or exchange-traded funds.

The View From the Top

The S&P 500 ($SPX) has seen a lot of sideways choppiness (see daily chart of the S&P 500 below). After it broke out of the downward channel (blue dashed lines), it continued moving sideways with a series of lower highs. The up-and-down price action reflects the headline-driven characteristic of the market.

FIGURE 1. DAILY CHART OF THE S&P 500 INDEX. The overall trend remains bullish, but don’t be surprised if the consolidation extends further.Chart source: StockCharts.com. For educational purposes.

The index looks like it wants to reverse the “lower highs” series and resume its uptrend. It tried hard to hit a record close but, alas, closed shy of it on Friday. The new 52-week highs outnumber the new 52-week lows, which is a sign of healthy market breadth.

The overall trend is in favor of the bulls, as of this writing, but there’s a lot of hesitancy among investors. If we continue to see a headline-driven market, there’s a chance of an extended consolidation period. We need to see a breakout of the consolidation, with a series of higher highs and higher lows to confirm the continuation of the uptrend.

Expect to see more headlines in the near term. So far, we’ve seen the news rattling the market sometimes and, at other times, not impacting the markets at all. Tariffs, inflation, tax cuts, and deregulation are a handful of topics you’re likely to hear about in the near term. Let’s analyze how each of these factors will impact your investment portfolio.

Trade Tariffs

Trump has imposed 10% tariffs on China and 25% on steel and aluminum imports. He has delayed tariffs on Canada and Mexico but is still scheduled to impose them in early March. President Trump was expected to sign an order for reciprocal tariffs, but that turned into a memo requesting a plan of action for these tariffs. This could take a few months to get implemented. The market was quick to shrug this off.

There’s no doubt that tariffs are front and center in investors’ minds. Trump’s main objectives of tariffs are to collect revenues for the government, protect specific industries, and curtail the flow of illegal drugs into the US. But there are headwinds, the biggest of which is inflation. A restriction in global trade could send ripples through complex supply chains, resulting in higher prices.

Inflation: Will It Create Waves?

The Federal Reserve is already planning to pause rate cuts in 2025, and January’s hot CPI increased the probability of this happening. The dot plot now suggests one rate cut in 2025, which, according to the CME FedWatch Tool, is pushed out until the July Fed meeting, as of this writing.

A rise in inflation would mean the Fed would be more cautious with interest rate cuts. Tariffs and an expansion of the federal deficit could impact the interest rate cut path. A good chart to monitor inflation is the chart of the ProShares Inflation Expectations ETF/iShares TIPS Bond ETF (RINF:TIP), which approximates the market’s inflation expectations.

FIGURE 2. THE STOCK MARKET’S INFLATION EXPECTATIONS. Inflation expectations seem to be lowered after the market shrugged off recent inflation reports and tariff news.Chart source: StockCharts.com. For educational purposes.

Inflation expectations aren’t as low as they were in September 2024 but are below the January highs.

Why impose tariffs when it upsets global trade and results in inflation? One of President Trump’s tariff objectives is that tariff revenues will offset his planned tax cuts. 

Lower Taxes and Deregulation

Trump plans to extend the 2017 Tax Cuts and Jobs Act (TCJA) provisions. He also plans to add other tax cuts — eliminating taxes on tips, overtime pay, and Social Security benefits. Lower taxes means more money for consumers and corporations. But will the tax cuts be enough to make up for the higher prices consumers will have to pay for goods?

These are just one piece of the change puzzle. Other policy changes include less oversight across different industries. Three sectors that could benefit from deregulation are Financials, Industrials, and Energy.

  • Financial companies can benefit the most, especially if rules for banks, credit card companies, etc. are more relaxed. The biggest beneficiary could be the big banks.
  • Dialing back on environmental regulations such as carbon emissions will benefit oil and gas companies.
  • Less compliance costs would mean more productivity. As a result, the Industrials sector could see gains.

The PerfChart below compares the one-year performance of the Financial Select Sector SPDR ETF (XLF), Industrial Select Sector SPDR ETF (XLI), and Energy Select Sector SPDR ETF (XLE).

FIGURE 3. PERFCHART OF FINANCIALS, INDUSTRIALS, AND ENERGY. A deregulatory environment would benefit certain industries more than others. Financials are in the lead and are likely to benefit the most from deregulation.Chart source: StockCharts.com. For educational purposes.

The Financials are leading the pack, while the Energy sector is lagging. In a deregulatory environment, the Financials could remain in the lead.

The Bottom Line

Expect to see a boatload of news stories as the year unfolds. As a smart investor, the best way to navigate the stock market’s up and down waves is to follow the charts discussed in this article. There are many uncertainties in the market, so don’t sway your investment decisions based on what you hear in the news.

You never know what lies ahead, just like a river. But if you look at the overall trends, determine which sectors are being impacted by policy changes, and keep an eye on inflation expectations, you’ll be able to navigate steadily through the rough patches.


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.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Mawson Finland Limited (‘ Mawson ‘ or the ‘ Company ‘) (TSXV: MFL) is pleased to announce that due to significant demand, it has entered into an agreement with Stifel Nicolaus Canada Inc. (the ‘ Agent ‘) to upsize its previously announced ‘best efforts’ private placement financing (the ‘ Offering ‘) to up to C$6,000,000 in gross proceeds from the issuance and sale of up to 3,157,895 common shares of the Company (each, a ‘ Share ‘) at a price of C$1.90 per Share (the ‘ Offering Price ‘).

The Company intends to use the net proceeds from the Offering to continue exploring and advancing its flagship Rajapalot Gold-Cobalt Project and for general working capital purposes.

All Shares issued pursuant to the Offering will be subject to a four-month hold period from the date of closing. The Offering is expected to close on or about March 5, 2025 , and is subject to certain conditions including, but not limited to, receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy securities in the United States , nor in any other jurisdiction.

About Mawson Finland Limited

Mawson Finland Limited is an exploration stage mining development company engaged in the acquisition and exploration of precious and base metal properties in Finland . The Company is primarily focused on gold and cobalt. The Company currently holds a 100% interest in the Rajapalot Gold-Cobalt Project located in Finland . The Rajapalot Project represents approximately 5% of the 100-square kilometre Rompas-Rajapalot Property, which is wholly owned by Mawson and consists of 11 granted exploration permits for 10,204 hectares and 2 exploration permit applications and a reservation notification area for a combined total of 40,496 hectares. In Finland , all operations are carried out through the Company’s wholly owned Finnish subsidiary, Mawson Oy. Mawson maintains an active local presence of Finnish staff with close ties to the communities of Rajapalot.

Additional disclosure including the Company’s financial statements, technical reports, news releases and other information can be obtained at mawsonfinland.com or on SEDAR+ at www.sedarplus.ca .

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.   No securities regulatory authority has reviewed or approved of the contents of this news release.

Forward-looking Information

This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable securities laws (collectively, ‘forward-looking information’) which are not comprised of historical facts. Forward-looking information includes, without limitation, estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking information may be identified by such terms as ‘believes’, ‘anticipates’, ‘expects’, ‘estimates’, ‘aims’, ‘may’, ‘could’, ‘would’, ‘will’, ‘must’ or ‘plan’. Since forward-looking information is based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, and management of the Company believes them to be reasonable based upon, among other information, the contents of the Company’s technical report on the Rajapalot Project, entitled NI 43-101 Technical Report on a Preliminary Economic Assessment of the Rajapalot Gold-Cobalt Project, Finland , with an effective date of December 19, 2023 (the ‘ PEA ‘), and the exploration information disclosed in prior news releases, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, any expected additional exploration of the Rompas-Rajapalot property, any expected receipt of additional assay results or other exploration results and the impact upon the Company thereof, the estimation of mineral resources, exploration and mine development plans, including drilling, soil sampling, geophysical and geochemical work, any expected search for additional exploration targets and any results of such searches, potential acquisition by the Company of any property, all values, estimates and expectations drawn from or based upon the PEA, statements concerning the Company’s expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering, and the completion of the Offering, on the terms described or at all, and the date of such completion. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: any change in industry or wider economic conditions which could cause the Company to adjust or cancel entirely its exploration plans, failure to identify mineral resources or any additional exploration targets, failure to convert estimated mineral resources to reserves, any failure to receive the results of completed assays or other exploration work, poor exploration results, the inability to complete a feasibility study which recommends a production decision, the preliminary and uncertain nature of the PEA, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, including the approval of the TSX Venture Exchange for the Offering, any inability of the Company to complete the Offering on the terms described herein or at all, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE Mawson Finland Limited

View original content: http://www.newswire.ca/en/releases/archive/February2025/14/c7067.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Launches ‘Never on Hold Again Club’   Referral Marketing Campaign

Hosting Investor Night in Vaughan, Ontario   on February 20 th , 2025

Syntheia Corp. (‘Syntheia’ or the ‘Company’) (Syntheia.ai), CSE SYAI, a leading provider of conversational AI solutions for inbound telephone call management, proudly announces its first 1,000 subscribers for its AssistantNLP platform ahead of Management’s expectations.

Originally, Management had set a milestone of obtaining 10,000 subscribers for the year 2025. Management is pleased to report that it achieved 10% of its internal forecast within the first two weeks of February 2025, significantly ahead of schedule and forecast.

Management now looks to revise its original subscriber forecast for the balance of 2025. Management will provide its revised subscriber guidance at the beginning of Q2 2025 once it has reassessed growth potential.

Businesses subscribing to our platform often require translation assistance as for many owners, English is their second language. Syntheia not only serves as their automated AI receptionist but also eliminates the language barrier that challenges many small and medium businesses today in North America and globally.

Syntheia Referral Program: Never on Hold Again Club

Further to our press release dated February 4, 2025, we are pleased to provide more details on Syntheia’s Never on Hold Again Club , our referral program which is live and operational.

‘In 2025 our primary objective is to grow our subscriber base by prioritizing adoption and community growth, similar to how other major platforms have built their user networks. Our goal is to foster a strong and engaged community, with monetization strategies to follow’ commented Tony Di Benedetto CEO.

Never on Hold Again Club is a referral program that rewards customers for sharing the power of AI-driven call handling. By referring businesses to Syntheia, customers can earn exclusive benefits while helping others elevate their customer service experience.

The Never On Hold Again Club allows any user to sign up via the Company’s referral portal and refer others using email or social media platforms. No paid subscription is required to participate – ‘freemium’, ‘basic’ and ‘pro’ users can refer others. Both individuals and businesses can participate, and rewards include free minutes and free monthly subscriptions. For more details on the Never On Hold Again Club, including rewards, terms and conditions, please visit: https://www.syntheia.ai/the-never-on-hold-again-club . The program is available to users in all countries subject to local rules and regulations.

With user onboarding of approximately 10 minutes, businesses can sign up through a frictionless experience to take advantage of our AI technology without upfront costs – making it an ideal solution for startups and enterprises alike.

Once a business is subscribed, it can later elect to upgrade its service to a paid subscription.

‘The growth we’ve seen in just the first two weeks of February is a testament to the increasing demand for AI-driven call management. Surpassing 1,000 subscribers ahead of schedule signals a paradigm shift in how businesses are embracing automation to enhance customer interactions’ commented Paul Di Benedetto Chief Technology Officer of Syntheia AI.

Flexible Plans and Pricing: Syntheia’s Three Pricing Models

AssistantNLP’s Receptionist service is available today to customers in three pricing tiers:

  • Freemium – Includes essential features with 60 minutes included per month at no cost;
  • Basic – Priced at $99.99/month, includes 500 minutes per month with additional functionalities such as email messaging; and
  • Pro ‘ – At $299.99/month, includes 2,000 monthly minutes, advanced analytics and customizable features.

Please access https://www.syntheia.ai/pricing for more details on each pricing tier.

Investor Night, Vaughan, ON – February 20, 2025 – 6:30 p.m.

The Company will be holding an investor night on February 20, 2025, at Venu Event Space in Vaughan, Ontario at 6:30 p.m. Shareholders and interested parties are welcome to attend the event where management will be providing a corporate overview and will be demonstrating Syntheia technologies and discussing the future technology roadmap for the platform.

To RSVP for the event, please email: rsvp@syntheia.ai

We are excited about the opportunities and growth for Syntheia,’ commented Tony Di Benedetto, Chief Executive Officer of Syntheia. ‘I invite all shareholders and interested parties to attend our investor night in which we will be showcasing our platform and discuss the future roadmap of the Company

About Syntheia

Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally.

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the Company’s mission and business objectives, the Company’s efforts to grow brand awareness, customer base and sales, and the availability of the Never on Hold Again Referral Program. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.

Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company’s listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250214455030/en/

Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ( ‘ Skyharbour ‘ or the ‘ Company ‘) is pleased to announce that partner company Terra Clean Energy Corp. (‘Terra’, previously Tisdale Clean Energy) has announced the mobilization of crew and equipment at the South Falcon East Uranium Project which hosts the Fraser Lakes B Uranium Deposit. The South Falcon Project lies 18km outside the edge of the Athabasca Basin, approximately 50 km East of the Key Lake uranium mill and former mine. Skyharbour optioned the Project to Terra and under the Option Agreement assuming the 75% interest is earned, Terra will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled for shares in the capital of Terra (‘Shares’) over the five-year earn-in period.

Map of South Falcon East Project Claims:  
https://skyharbourltd.com/_resources/maps/Sky_SouthFalconEast_20250109.jpg?v=1

Mobilization of crew and equipment has commenced for an extensive winter drill program consisting of up to 2,500 meters of drilling. The field program will be executed by Terralogic Exploration Inc. under the supervision of Brett Lavigne, Project Manager with TerraLogic Exploration and C. Trevor Perkins, VP of Exploration for Terra Clean Energy Corp.

Terra’s inaugural drill program in early 2024 (news release dated April 1, 2024) at South Falcon East confirmed the presence of uranium mineralized pegmatites and graphitic pelitic paragneiss along the Way Lake Conductor. Graphitic pelitic paragneiss are a key lithology associated with uranium deposits within the eastern Athabasca Basin, and their presence at the Fraser Lakes B deposit is a good indication of the potential for high-grade basement-hosted unconformity related uranium mineralization, in addition to the known pegmatite/alaskite-hosted uranium mineralization at the deposit.

The priority of the Winter 2025 program is to expand on the Winter 2024 program by extending the mineralized footprint associated with the Fraser Lakes B Uranium Deposit and test nearby targets with prospective alteration and structure identified in historical drilling. Modeling of the existing data indicates the presence of a north-northwest trending structure crosscutting the way Lake conductor through the Fraser Lakes B deposit. The presence of this structural intersection with the Way Lake conductor and structure bodes well for a scenario where remobilized uranium mineralization can be concentrated at this area resulting in a higher-grade zone within the overall deposit. Efforts will be made to locate and characterize this structural trap and test the model as this is the best scenario for a high-grade unconformity related basement hosted uranium deposit.

2025 Drill Target Areas at the South Falcon East Uranium Project:  
https://www.skyharbourltd.com/_resources/images/2025-Drill-Target-areas-at-the-south-Falcon-East-Uranium-Project.png

The infill and step out drilling planned at Fraser Lake B will confirm the presence and continuity of existing mineralization and expand the footprint of the deposit; currently the mineralization is open both down dip and along strike. The results of infill and step-out drilling will aid in preparation of an updated NI 43-101 compliant resource estimate and deposit model for Fraser Lakes B. The upgraded resource will also integrate other results not included in the historical resource estimate, including higher-grade mineralization encountered to date at Fraser Lakes B, intersected in drillhole FP-15-05. FP-15-05 returned 0.165% U 3 O 8 and 0.112% ThO 2 over 2.0 metres at 135.0 metres depth within a broader interval containing 0.103% U 3 0 8 and 0.062% ThO 2 over 6.0 metres at a depth of 134.5 m, and a second high grade intercept of 0.172% U 3 O 8 and 0.113% ThO 2 over 2.5 metres at 146.0 m depth. The mineralization at Fraser Lakes B is accompanied by anomalous pathfinder elements, including Bi, Mo, Pb, and Zn, that are also associated with ultra high-grade basement-hosted unconformity uranium deposits in the Athabasca Basin.

While the Fraser Lakes B uranium deposit will remain a primary focus of early efforts on the property, Terra has ample additional drill-ready targets along the Way Lake conductor at South Falcon East. This includes the T-Bone Lake area, just north of Fraser Lakes B, where limited drilling encountered highly prospective clay alteration, anomalous radioactivity, and uranium mineralization (including up to 0.055% U 3 O 8 over 0.9 m at 39.5 metres depth in drillhole WYL-10-53) associated with a north-northwest trending fault cross-cutting the northeast-trending Way Lake conductor. The alteration encountered at T-Bone Lake is similar to that encompassing several high-grade basement-hosted uranium deposits in the eastern Athabasca Basin, including the former Eagle Point Mine and the Millennium uranium deposits. Regional drilling will focus on this area and other untested areas of structural complexity along the folded Way Lake conductor that are highly prospective for high-grade basement-hosted unconformity-related uranium mineralization and additional pegmatite-hosted uranium mineralization.

‘We are very happy to be getting back on the ground at South Falcon East and continue what we started in 2024’, commented Trevor Perkins, VP Exploration for Terra Clean Energy Corp. ‘We are eager to expand the existing deposit as well as characterize and explore the identified north-northwest structure and related complexity’ continued Mr. Perkins. ‘This is presenting the ideal structural scenario where uranium sourced from the mineralized pegmatites and surrounding rock can be concentrated and give us a high-grade basement deposit. This has been seen at other deposits, and we want to find it here.’

‘We have a unique and exceptional exploration opportunity that includes continuing to expand the Fraser Lakes B Uranium Deposit which is open in all directions and at depth as well as pursuing high-grade basement hosted uranium deposits.’ ‘The team is very excited about the prospects identified and eager to unlock the abundance of value for shareholders.’

South Falcon East Project Summary:

The South Falcon East Project is a uranium exploration project in the southeast Athabasca Basin and covers approximately 12,464 hectares. It lies 18 kilometres outside the Athabasca Basin, approximately 50 kilometres east of the Key Lake Mine. Historical exploration at the South Falcon East Project identified an area of U-Th-REE mineralization at the Fraser Lakes Zone B over an area comprising 1.5 km by 0.5 km along an antiformal fold nose cut by an east-west dextral ductile-brittle cross-structure adjacent to a 65 km long EM conductor.

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Sedar Donmez, P.Geo., VP of Exploration for Skyharbour as well as a Qualified Person.

About Terra Clean Energy Corp.:

Terra Clean Energy (formerly Tisdale Clean Energy Corp) is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project, which holds a 6.96M pound inferred uranium resource within the Fraser Lakes B uranium/thorium deposit, located in the Athabasca Basin region, Saskatchewan, Canada.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with interest in thirty-six projects covering over 614,000 hectares (over 1.5 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project, which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization in several zones at the Maverick Corridor. Adjacent to the Moore Project is the Russell Lake Uranium Project, in which Skyharbour is operator with joint-venture partner RTEC. The project hosts widespread uranium mineralization in drill intercepts over a large property area with exploration upside potential. The Company is actively advancing these projects through exploration and drilling programs.

Skyharbour also has joint ventures with industry leader Orano Canada Inc., Azincourt Energy, and Thunderbird Resources at the Preston, East Preston, and Hook Lake Projects, respectively. The Company also has several active earn-in option partners, including CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the Highway Project; CSE-listed Mustang Energy at the 914W Project; and TSX-V listed Terra Clean Energy at the South Falcon East Project. In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $36 million in partner-funded exploration expenditures, over $20 million worth of shares being issued, and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:  
https://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-11-21_v1.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com .

Skyharbour Resources Ltd.

‘Jordan Trimble’
__________________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
‎Skyharbour Resources Ltd.
‎Telephone: 604-558-5847
‎Toll Free: 800-567-8181
‎Facsimile: 604-687-3119
‎Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be ‘forward-looking statements’. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management 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 or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.


News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (February 12) as of 9:00 a.m. UTC.

Bitcoin and Ethereum price update

Bitcoin is trading at US$96,208, recording a 1.9 percent decrease over 24 hours.

The day’s trading range has brought a high of US$98,231 and a low of US$94,864.

Meanwhile, Ethereum is priced at US$2,627.82, marking a decline of 2.7 percent over the same period. The cryptocurrency reached an intraday high of US$2,708.90 and a low of US$2,581.55.

Altcoin price update

  • Solana (SOL) is currently valued at US$196.92, 2.9 percent lower over 24 hours, after hitting a daily high of US$203.17 and a low of US$193.64.
  • XRP is trading at US$2.42, reflecting a 2.8 percent decrease. The cryptocurrency reached an intraday high of US$2.50 and a low of US$2.38.
  • Sui (SUI) is priced at US$3.29, having experienced a 7.1 percent decline. It achieved a daily high of US$3.54 and a low of US$3.22.
  • Cardano (ADA) is down, priced at US$0.7897, reflecting a 1.3 percent decrease over 24 hours. Its highest price on Wednesday was US$0.8127 and its lowest was US$0.7556.

Crypto news to know

While meme coins continue to dominate headlines, recent analysis from Godex, an online crypto exchange platform, sheds light on specific blockchain platforms that are quietly driving real-world impact.

The firm’s research highlights five key networks that show crypto isn’t just about speculation — it’s also about solving major global challenges in finance, sustainability and supply chain security.

To do this, Godex analyzed 100 blockchain platforms, filtering out those built purely on speculation and emphasizing real-world applications. It found five standouts that are making waves through real-world use cases, major industry partnerships and solid market growth. These are the blockchain platforms it lists:

  • Ethereum — Powering decentralized finance, humanitarian aid and sustainable development. Ethereum’s smart contracts enable transparent charitable donations and verifiable digital identities for refugees.
    • Stellar — Revolutionizing financial inclusion by offering low-cost remittance services and digital wallets for unbanked populations.
    • VeChain — Enhancing supply chain traceability, from pharmaceutical safety to sustainable fashion verification.
    • Avalanche — Driving carbon credit markets, streamlining disaster relief funding and digitizing vehicle ownership records to prevent fraud.

    While speculative tokens grab headlines, Godex believes these blockchain platforms are demonstrating that real utility is what drives long-term industry growth. Institutional adoption is accelerating, and as businesses and policymakers recognize blockchain’s full potential, the focus is shifting from hype to real-world applications.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    The Trump administration announced on Monday (February 10) it would be expanding steel and aluminum tariffs to all countries. The tariffs, set to come into effect on March 12, will disproportionally impact Canadian exports as Canada is the largest supplier of steel and aluminum to the United States.

    This isn’t the first time the president has imposed sweeping tariffs on the global steel and aluminum industries. The effect from the first round in 2018 was mixed. While it allowed domestic producers to charge more for their products, that increased downstream costs for consumers and manufacturers, leading to tighter profit margins and layoffs.

    Even though the US produces enough steel to meet its own demand, incoming tariffs could still have negative implications for the North American auto industry. Coming into 2025, the sector anticipated growth but was also wary that some consumers were concerned about affordability. Increases in steel costs due to import fees and the potential for additional tariffs on cars and parts produced in Canada and Mexico could dampen vehicle sales.

    Rising consumer costs came into view when the US Bureau of Labor Statistics released January’s consumer price index (CPI) data on Wednesday (February 12). The figures showed inflation ticking up in January to 3 percent on a yearly basis, up from the 2.9 percent increase in December. On a monthly basis, there was a 0.5 percent increase, up from the 0.4 percent the previous month.

    Some analysts are expecting costs to rise even further as new tariffs take effect and producers begin raising prices accordingly. Higher CPI figures are also likely to impact the Federal Reserve’s next meeting in March, with most analysts predicting the central bank will maintain the current rate of 4.25 to 4.50 percent.

    Markets and commodities react

    US equity markets saw sharp selloffs following the release of CPI data on Wednesday, but rallied to finish the week in positive territory, with the S&P 500 (INDEXSP:INX) gaining 1.13 percent to end at 6,114.62, and the Nasdaq-100 (INDEXNASDAQ:NDX) rising 2.05 percent to 22,114.69. The Dow Jones Industrial Average (INDEXDJX:.DJI) was flat, gaining just 0.34 percent to 44,546.09.

    In Canada, the markets were more positive. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 0.96 percent on the week to close at 640.26 on Friday, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.31 percent loss to hit 25,483.23 and the CSE Composite Index (CSE:CSECOMP) dropped 0.65 percent to 135.03.

    After hitting new all time highs early in the week, the gold price was also affected by Wednesday’s CPI announcement. In the end, it managed to eke out a 0.78 percent increase to close the week at US$2,883.91 per ounce on Friday at 5:00 p.m. EST. Silver fared a little better, closing the week up 1.1 percent at US$32.13.

    In base metals, the copper price climbed as high as US$4.88 per pound on the COMEX during trading Friday before pulling back to close at US$4.68, up 1.3 percent for the week. Copper is up significantly from the end of January, when it was just US$4.28. The S&P GSCI (INDEXSP:SPGSCI) was also up this week, gaining 1.07 percent to close at 569.44.

    Top Canadian mining stocks this week

    So how did mining stocks perform against this backdrop?

    We break down this week’s five best-performing Canadian mining stocks below.

    Data for this article was retrieved at 4:00 p.m. EST on February 14, 2024, using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

    1. Durango Resources (TSXV:DGO)

    Weekly gain: 115.38 percent
    Market cap: C$15.54 million
    Share price: C$0.14

    Durango Resources is a polymetallic exploration company that is developing a portfolio of projects in Québec and British Columbia, Canada.

    Shares have seen significant gains in 2025 following several news releases. The first came on January 15 when the company announced it had acquired five critical mineral projects: an antimony site in Haida Gwaii, BC, and a rare earth project and three historical copper mines in Québec.

    The properties were acquired for C$5,000 cash and the issuing of 4 million common shares to arm’s length vendors.

    This was followed by news on January 30 that the company had completed an AI-powered study of its Babine West copper and gold project near Smithers, BC. The results suggested a large structure that coincides with a moderate magnetic anomaly.

    The team hypothesizes the magnetism could be from a widespread zone of early-stage alteration, which may be related to copper-gold porphyry systems at the neighboring American Eagle Gold’s (TSXV:AE,OTCQB:AMEGF) NAK project and AMARC Resources’ (TSXV:AHR,OTCQB:AXREF) Duke project.

    Durango’s Babine project consists of four claim blocks covering 4,635 hectares and is located within one of BC’s most prolific porphyry copper and gold belts. According to the project page, exploration at the site has returned broad areas of mineralization, including 1.09 percent copper equivalent over 302 meters.

    After slowly climbing through the week, Durango’s share price spiked to C$0.16 on Thursday. The company’s most recent news came on Tuesday, when it announced it had increased the project area for its recently acquired Victory antimony project in Haida Gwaii to 1,387 hectares. Newmont (TSX:NGT,NYSE:NEM) originally discovered the site in 1988, and a chip sample at the time contained 1.24 percent antimony.

    2. Turmalina Metals (TSXV:TBX)

    Company Profile

    Weekly gain: 106.67 percent
    Market cap: C$12.77 million
    Share price: C$0.14

    Turmalina Metals is a gold, silver and copper explorer that is developing a portfolio of projects in South America.

    Its primary focus is the Colquemayo project in Moquegua, Peru. In July 2024, Turmalina entered into an option agreement with Compania de Minas Buenaventura to acquire a 100 percent ownership stake in the property.

    The 6,600-hectare site has seen more than 20,000 meters of historic core drilling and hosts multiple porphyry targets that have been identified but have gone untested. Highlighted drill samples from the property have demonstrated results of 2.4 percent copper and 10 grams per metric ton (g/t) silver over 237.3 meters, including intersections of 3.4 percent copper and 14 g/t silver over 161.2 meters and 14.8 percent copper and 47 g/t silver over 31.3 meters.

    In news released on Wednesday, the company said it was intensifying its focus on the project and would be relogging historic cores. Additionally, Turmalina hired INSIDEO, a Lima-based environmental consulting firm, to help advance baseline studies and a Declaración de Impacto Ambiental, which is needed for drilling permits. The release also indicated that the company is also in the process of rebranding which will include updating its name, ticker and website.

    As part of the restructuring of Turmalina, company CEO Roger James will be stepping down, but maintaining a seat on the board, he will be replaced by Jonathan Richards as interim CEO.

    3. Power Metals (TSXV:PWM)

    Company Profile

    Weekly gain: 70 percent
    Market cap: C$111.12 million
    Share price: C$0.85

    Power Metals is a lithium and cesium exploration company focused on its Case Lake project.

    Located in Northeastern Ontario, the site is 10 kilometers by 9.5 kilometers in size and comprises 585 cell claims. Exploration at the site between 2017 and 2024 led to the discovery of pegmatite dykes bearing lithium, cesium and tantalum (LCT). Case Lake now consists of six spodumene dykes that form a mineralization trend of about 10 kilometers.

    Recent assays from the site released on February 14 included a highlight of 8.07 meters grading 2.19 percent lithium oxide, 5.19 percent cesium oxide and 1,438 parts per million (ppm) tantalum. The results also included a 1 meter intersection bearing 1.85 percent lithium oxide, 11.7 percent cesium oxide and 208 ppm tantalum.

    In addition to its most recent exploration news, Power Metals announced on February 10 that it had brought on DRA Global to begin work on a maiden mineral resource estimate and preliminary economic assessment for the Case Lake project. It expects to have the former completed by the end of Q1 2025, with the latter to follow in Q2.

    Adding to Power Metals’ recent share gains was a release on February 5 in which the company reported that it had been awarded a new exploration permit for Case Lake. The new permit will remain valid for the next three years and will be used to target newly identified cesium targets uncovered in late 2024.

    4. Cascada Silver (CSE:CSS)

    Company Profile

    Weekly gain: 57.14 percent
    Market cap: C$10.16 million
    Share price: C$0.055

    Cascada Silver is an exploration company working to advance its copper and molybdenum projects in Chile. Since the start of 2025, the company’s main focus has been on its Angie copper-molybdenum project in North-central Chile.

    Cascada carried out its Phase 1 drill program at the 2,000 hectare site in 2024, with work focusing on an 800 by 1,500 meter target with molybdenum mineralization. The assays from the initial drill program, released on November 20, revealed results of 476 ppm molybdenum over 64 meters, including an intersection of 1,208 ppm molybdenum over 8 meters.

    On December 17, the company announced it was mobilizing for the second phase of drilling at Angie using data acquired through a drone-based magnetometer survey. The Phase 2 program will consist of up to 2,000 meters of diamond drilling, with the first hole planned for a depth of 500 meters. Cascada announced on January 9 that drilling at the site had commenced and was expected to be completed in February, with assays available four to six weeks later.

    Cascada’s most recent news came on February 3, when it announced that it would be listing on the OTCQB market under the symbol CSSCF. The company said this was a strategic step in enhancing its visibility and accessibility to US investors.

    5. THEMAC Resources (TSXV:MAC)

    Weekly gain: 55.56 percent
    Market cap: C$11.91 million
    Share price: C$0.14

    THEMAC Resources is a copper exploration and development company that is developing the Copper Flat mine in southwest New Mexico, United States.

    The brownfield site was mined until the early 1980s and hosts significant existing infrastructure, including a primary crusher structure, a coarse ore reclamation tunnel, and several building foundations. These will provide THEMAC with US$54 million in capital savings. An April 2020 feasibility study demonstrated a base case after-tax net present value of US$545.16 million with an internal rate of return of 20.8 percent over a payback period of 3.3 years.

    In addition to the economics, the study also included a measured and indicated resource estimate of 1.39 billion pounds of copper, 40.66 million pounds of molybdenum, 737,000 ounces of gold and 14.74 million ounces of silver.

    Shares in THEMAC climbed this week, although the company has not reported news so far in 2025.

    FAQs for Canadian mining stocks

    What is the difference between the TSX and TSXV?

    The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

    How many companies are listed on the TSXV?

    As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

    Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

    How much does it cost to list on the TSXV?

    There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

    The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

    These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

    How do you trade on the TSXV?

    Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

    Article by Dean Belder; FAQs by Lauren Kelly.

    Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    Two years ago, two days of protests were enough to force Georgia’s government into an embarrassing U-turn. It had tried to introduce a “foreign agents” bill – which critics likened to legislation passed by President Vladimir Putin to stifle dissent in Russia – but backed down after fierce demonstrations sparked by the bill’s first reading.

    “We fought it off like hell, used every instrument at our disposal,” recalls Ana Tavazde, one of tens of thousands who demonstrated against the bill, which would have forced media and other organizations receiving more than 20% of their funding from abroad to register as “agents of foreign influence” or be fined.

    But the protesters’ victory was short-lived. The government revived the bill last year – and this time would not back down. The parliament approved it in May, despite huge opposition on the streets.

    After the ruling Georgian Dream party – which declared victory anew after a disputed election in October – delayed the country’s long-awaited European Union membership bid until 2028, Tavazde was one of thousands of Georgians to take to the streets once again. The government invested in water cannons, according to local media reports, and started making mass arrests.

    Since then, Georgia’s government has shown little sign of shifting its course, which many in the former Soviet country feel is taking the country back into the Kremlin’s orbit. And with the protest movement now approaching its third month, it is not clear what can break the stalemate.

    Multiple opposition politicians have been publicly beaten, some in broad daylight. Hundreds of protesters have been arrested, of whom more than 300 allege suffering beatings, torture and other ill-treatment at the hands of law enforcement, according to Amnesty International. The police’s presence at rallies has been bolstered by masked men, who do not wear uniforms displaying their department and rank.

    Extreme measures

    “Today, almost a year later, you would say this has become a really nasty authoritarian regime.”

    Pro-Western Salome Zourabichvili, who described the elections as “rigged” and called on Georgians to protest in October, was replaced as president by far-right former soccer star Mikheil Kavelashvili in mid-December. The government imposed further restrictions on freedom of assembly at the end of the year.

    At the start of February, it proposed more extreme measures that would increase detention periods and fines for certain offenses, such as disorderly conduct or disobeying law enforcement officers, and limit the areas in which protests can be held, local outlet OC Media reported.

    On February 5, the party announced it would be introducing unspecified laws targeted at the media and civil society and expelled 49 opposition MPs from Parliament. Three Georgian Dream MPs resigned, supposedly to form a new “healthy opposition ” – with the approval of the ruling party’s parliamentary speaker. On the same day, the prime minister called for “a sort of Nuremburg trial” to investigate the rule of UNM, the opposition party which governed from 2003 to 2012. The Georgian government has been approached for comment, but did not respond.

    Journalist Mzia Amaglobeli is facing up to seven years in prison if convicted of assaulting a police officer. The founder of two independent publications, Batumelebi and Netgazeti, she was detained after allegedly slapping a police officer at a protest last month. The European Parliament has claimed Amaglobeli was “unlawfully arrested” and that the charges against her are “politically motivated.”

    Soon after her detention, Amaglobeli started a hunger strike, which she has now been on for 34 days, to demand her release. When asked on February 4 how Amaglobeli’s hunger strike could end, Georgian Dream’s chairman said: “Hunger usually leads to death.”

    The International Federation of Journalists has urged the Georgian government to “release Amaglobeli immediately and to stop its crackdown on journalists and independent media.”

    Staying on the winning side

    For many in this ex-Soviet country, the idea of pivoting towards Russia – which invaded in 2008 and continues to occupy 20% of Georgia’s territory – is unthinkable. Over 80% support EU membership, according to polls, and every party’s campaign platform for the October election included the pursuit of EU membership. Campaign posters for Georgian Dream even merged its logo with the gold stars of the EU flag.

    So why has the government turned away from such a popular policy?

    “I think he just kind of assumes that Moscow is going to win this war,” Mitchell added, referring to Bidzina Ivanishvili, Georgian Dream’s founder and honorary chairman.

    “And he’s going to stay on the winning side.”

    Bidzina Ivanishvili made his fortune in the years following the collapse of the Soviet Union in Russia in the 1990s and is estimated by Bloomberg to be worth $7.7 billion – a quarter of Georgia’s GDP in 2023. Protesters, some of whom have donned masks of his face at protests, see him as pushing Moscow’s agenda in this ex-Soviet country despite no longer holding any elected position.

    Chugoshvili was one of several Georgian Dream politicians who resigned in 2019 after the parliament did not pass an amendment which would have made the electoral system fully proportional. “It was obvious that (Georgian Dream) was becoming obsessed with control,” said Chugoshvili, who co-founded Egeria Solutions, an NGO which has worked on European integration projects, after leaving the party.

    “Georgian Dream and Bidzina plan to stay in power for ever. And they cannot do this while integrating into the EU and NATO.”

    “Some local outlets are totally funded by USAID or affiliated organisations,” said Ostiller.

    “They have no back-up, no savings. They will close, and if funding returns, reopening them will be far more difficult.”

    Culture war rhetoric

    In a country where the conservative Georgian Orthodox Church exerts massive influence, Ivanishvili has also leaned into “culture war” politics, observers say.

    The results of last year’s elections, in which Georgian Dream claimed to receive about 54% of the vote, have been widely disputed; however, the party undoubtedly still has some support.

    “It’s probably got a solid 35 to 45%,” Mitchell estimated. “They’re popular enough that they still have a base.”

    But for a younger generation, who have only known Georgia as committed to EU and NATO membership and Russia as a threat, the anti-Western rhetoric doesn’t seem to land, and the government’s moves towards authoritarianism don’t seem to inspire fear. Protests are continuing into their third month.

    Since protests broke out on November 28, Keren Esebua has been on the streets almost every night in Zugdidi – a city located just 60 kilometres (37 miles) from Abkhazia, a breakaway Georgian region occupied by Russia since 2008.

    “I lost my home in Sukhumi, in Abkhazia, in 1993. And I was here in Zugdidi, blocking the way for Russian troops in 2008 when I was 19.

    “I’m not giving Russia any kind of opportunity to swallow up Georgia again.”

    This post appeared first on cnn.com