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drbubb

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  1. From the Astrology Fund Saturday, 24 August 2019, Henry Weingarten <afund@earthlink.net> wrote: If you sold in May & went away SOON (TBD) time to return. Many weak market hands may be gone next week - especially if SPX 2825 does NOT hold. Remember the adage "Buy when there is blood in the streets" so keep powder dry. We first nibble ~MOC 2950 Pivot S1 2925 S2 2790/2800 S3? This was yesterday’s afternoon’s tweet. Markets are being set up for the projected October Rally with unusual risk caveats from both China AND India/Pakistan (TBA). Upside however may be limited to ~ SPX 3000-3100- thereafter we will lock in/hedge/raise cash for a largely trading market until Christmas. When others will be buying (October?), we plan to sell whatever we don’t want into 2020, rather than the usual December time. Most markets are performing as we forecast with the possible exception of our BIG Copper Play: Big rally H2 2019 (which is being delayed by the US/China spat AKA Trade War but that can change on a dime- September/October? Gold is good but getting highly overvalued, so would prefer now just to buy select under appreciated PM stocks to more physical gold above $1500. While the Gold/Silver ratio will soon trade in Silver’s favor now circa 88 P1 85 P2 80, being also an economic metal, will delay its inevitable rise until global economic conditions improve (as which time Gold’s crisis role will also be reduced). When markets are freak out like Friday, it is of course a good day trading buy to hedge long market positions.
  2. BOUGHT Puts again on Wed. & Thursday - Here is why... (this investment in SPY puts, TZA & FAZ Calls got me on the right side of the Market BEFORE Friday's big drop) The recent rally was reflected in a pullback in TZA & FAZ to support levels, ie 21d MA on wed/thi BEAR Side: TZA & FAZ ... Jul.2017-toDate : fr.May2018 : Apr'19 / wed cl. xx / thu cl. xx Above was Wed./Thu when I put on my hedges. Below is what happened next / in shorter time horizon... fr.May2018 : Apr'19 / wed cl. xx / thu cl. xx Stock rally ran out of gas - Low volume prior to the high vol. drop ... 3 mos So what happened Friday? ... update chart - Note heavy Volume Sym. : Close : change, Pct. : Day-Low -High : YrHigh: Fr.Yr.H(L) SOXX 196.81: - 9.08, - 4.41%: 196.25-204.65 : 220.82 : - 10.9 % : SPY -: 284.85: - 7.51, - 2.57%: 283.46-292.76 : 302.23 : - 5.75 % : IWM : 145.43: - 4.80, - 3.07%: 144.93-150.11 : 173.39 : - 20.4 % : TNA-: $49.55: - 4.95, - 9.08%: $49.03-$54.63 : $97.12 : - 49.0 % : TZA-: $54.44: +4.55, +9.12%: $49.78-$54.94 : $39.02 : +39.5 % : FAZ-: $40.56: +2.59, +6.82%: $37.77-$41.16 : $34.29 : +18.3 % : VIX-: %19.87: +3.19, +19.1%: 16.04 -21.07% : %11.03 : +80.1 % : OPTions: s294p 10.59: +4.52, +74.5%: F36C: $4.50: +1.72, +61.9%: T47C: $8.00: +3.95, +97.5%: T48C: $6.30: +2.30, +57.5%: (Spy294p-9/20/19, Faz36C-9/20/19, Tza47C-9/20/19, Tza48C-9/27/19) ==== TZA. FAZ, VIX ... update / Individually: TZA:$54.44, FAZ:$40.56, VIX:$19.87 IWM vs. SOXX, SPY ... fr. May-2018 : / $ ===
  3. Great drill results McEwen drills 24.4 m of 6.66 g/t Au at Gold Bar 2019-08-20 07:03 ET - News Release Ms. Christina McCarthy reports MCEWEN MINING: GOLD BAR UPDATE McEwen Mining Inc. has provided an update on progress at various exploration targets on its Gold Bar mine property. At the Gold Bar South oxide gold deposit located 3.5 miles southeast of the company's Gold Bar mine, a program of 125 drill holes was recently completed. Twenty-five per cent of the new drill intersections were higher grade than the current resource average of 0.029 ounce per ton (one gram per tonne). In addition, several drill holes encountered significant mineralization outside the existing resource, including several notable intersections highlighted in the associated table. These results suggest that there is potential to increase the size of the Gold Bar South resource beyond the current indicated estimate of 3,488,000 tons at 0.029 ounce per ton (one g/t) for 100,000 ounces. Economic studies and permitting are under way with the objective of incorporating Gold Bar South into the overall mine plan this year, and having permitting in place so that open-pit development could begin in late 2020.
  4. Yes. It was a good day for SSP SSP.v / Sandspring ... fr.2014 : fr.2016 : 6mo / Last: $0.32 + 0.05, +18.32%, vol. 1.52 Million - hi.vol! : fr.2016 : : 6mo : 12mo /
  5. I still have my full position, but my lighten up a bit soon ROXG ... 5yr : 2yr : 6mo / Last: C$1.35 +0.10, +8.00%. Vol.2.11 Million
  6. China urges PHL to ban all online gambling August 21, 2019 By AMITA LEGASPI, GMA News The Chinese government has urged the Philippines to ban all online gambling after the latter stopped accepting applications for offshore gaming licenses until all concerns have been addressed. “We have also taken note of the Philippine government’s announcement and appreciates it. We hope the Philippines will go further and ban all online gambling,” Chinese Foreign Ministry spokesperson Geng Shuang said in a press conference in Beijing. He also expressed hope that such move will further strengthen law enforcement with China and jointly tackle criminal activities including online gambling and cyber fraud. “This will help create an enabling environment for the development of bilateral relations and peace and stability in the region,” said Geng. Earlier this week, the Philippine Amusement and Gaming Corporation said it has started reviewing concerns about Philippine Offshore Gaming Operations (POGO). Defense Secretary Delfin Lorenzana and military officials earlier raised the concern that POGO operations near military camps could be used for espionage. PAGCOR has also proposed to transfer Chinese online gambling workers to self-contained communities or hubs, prompting apprehension from the Chinese Embassy. The embassy said it “may infringe on the basic legal rights of the Chinese citizens concerned” as it “strongly urged the Philippine government to effectively protect the legitimate rights and interests of Chinese citizens in the Philippines.” It also lamented that a large number of Chinese citizens have been illegally recruited and hired for POGO and Philippine casinos. “Some Chinese citizens are even lured into and cheated to work illegally with only tourist visas.” Any form of gambling by Chinese citizens, including online gambling, gambling overseas, opening and operating casinos overseas to attract citizens of China as primary customers, is illegal, the embassy said. —KG, GMA News > https://www.gmanetwork.com/news/news/nation/705272/china-urges-phl-to-ban-all-online-gambling/story/
  7. Southeast Asia Pulls Back On Online Gambling as China Rages By Jinshan Hong August 19, 2019, 3:44 PM GMT+8 Cambodia won’t issue or renew online gaming licenses: Xinhua Philippines won’t issue new licenses until end of year Southeast Asian countries are moving against their lucrative online gambling industries amid pressure from China to clamp down on a practice that’s ballooned due to demand from its own citizens. Weeks after China lashed out at the Philippines for encouraging offshore gambling, which it said targets Chinese customers and causes the illegal outflow of hundreds of millions of yuan, the Philippine gaming regulator said on Monday that it would stop accepting applications for new online gaming operations at least until the end of the year to review concerns about the burgeoning sector. Philippines Won’t Halt Online Casinos But to Suspend New Permits The about-turn in gambling policy in these Southeast Asian nations comes as China steps up efforts against what its minister for public security, Zhao Kezhi, called “the cross-border online gambling problem.” Online and phone betting in Southeast Asian countries by Chinese punters many miles away has exploded in the last few years, and there are signs that the offshore services are penetrating more deeply into China’s population than expected. Some online gaming websites offer punters wagers as low as 10 yuan and have round-the-clock live streams. That makes them easily accessible by lower-income Chinese in rural areas, who do not have the means to go to Macau, the only place in China where casinos are legal, to scratch the gambling itch. China Hits Out at Philippines in Offshore Gaming Crackdown (1) The burgeoning industry has also transformed Southeast Asian countries and the abrupt pullback is likely to hurt their economies. In the Philippines alone, more than 50 offshore gambling companies had received permits to operate, over a hundred thousand Chinese workers had surged into Manila to staff the industry, and property prices near gaming sites were booming. Revenue from online gaming operations is projected to reach up to 10 billion pesos ($191 million) next year, according to the Philippines gaming regulator.
  8. Nine Point Energy announces $320MM financing led by AB Private ... https://www.prnewswire.com/.../nine-point-energy-announces-320mm-fina... Jun 17, 2019 - DENVER, June 17, 2019 /PRNewswire/ -- Nine Point Energy, LLC ... of the facility is to fund the continued growth of Nine Point's Williston Basin ...
  9. CA:SRHI / Sprott Resource Holdings Inc. (TSE) ... all-data : update ==
  10. "Multi-year Bull Market"? Eric Nuttall webinar September 24 2018
  11. About Ninepoint Energy Fund Fund Type Open-End Fund : C$7.51 Objective Energy Sector Asset Class Focus Equity Fund Manager(s) Eric Nuttall Share Class F Front End Load Ninepoint Energy Fund is an open-end fund incorporated in Canada. The Fund seeks to achieve long-term capital growth. The Fund invests primarily in equity and equity-related securities of companies that are involved directly or indirectly in the exploration, development, production and distribution of oil, gas, coal, uranium and other related activities in the energy and resource sector. Fund Top Holdings - Aug. 20, 2019 NamePositionValue% of Fund Canadian Natural Resources Ltd : CNQ:CN : 350.000 K : 12.842 M : 0.00% Diamondback Energy Inc : FANG:US : 90.000 K : 12.209 M : 0.00% WPX Energy Inc : WPX:US : 600.000 K : 10.510 M : 0.00% Baytex Energy Corp. : BTE:CN. : 4.400 M : 9.988 M : 0.00% Athabasca Oil Corp : ATH:CN : 11.000 M : 9.350 M : 0.00% TORC Oil & Gas Ltd : TOG:CN : 2.0000 M : 9.220 M : 0.00% Continental Resources Inc/OK. : CLR:US : 150.000 K : 8.973 M : 0.00% Enerplus Corp : ERF:CN : 700.000 K : 7.840 M : 0.00% NuVista Energy Ltd : NVA:CN : 1.800 M : 7.740 M : 0.00% Parsley Energy Inc : PE:US : 300.000 K : 7.736 M : 0.00% > https://www.bloomberg.com/quote/SPROENEF:CN ===> CHANGED Later to... (see below): Ninepoint Fund's Top 10 Holdings @ 11/1/19 NamePositionValue% of Fund ========================: C$8.01, +4.44%: PER, Yield% MEG Energy Corp MEG:CN 2.4000M 12.0480M 12.13%: $ 5.45, +7.71% / -N/A, -N/A- Crescent Point Energy CPG:CN 2.5000M 10.8250M 10.90%: $ 5.03, +4.57% / -N/A, 0.80% Baytex Energy Corp. BTE:CN.5.2000M 10.5560M 10.63%: $ 1.59, +8.16% / -N/A, -N/A- Cenovus Energy Inc. CVE:CN 900.000K 10.3950M 10.46%: $11.44, +1.96% / 19.3, 2.19% Parsley Energy Inc. PE:US. 400.000K. 9.9578M 10.02%: $16.40, +3.73% / 17.7, 0.73% Enerplus Corp. ERF:CN 1.0000M 9.8500M. 9.91%: $ 8.27, +4.03% / 4.59, 1.45% Encana Corp. ECA:CN 1.4000M. 9.4080M. 9.47%: $ 5.44, +5.43% / 3.53, 1.82% WPX Energy Inc. WPX:US 600.000K 9.0438M. 9.10%: $10.17, +1.90% / 5.86, -N/A- Whitecap Resources WCP:CN. 2.0000M 8.5000M. 8.56%: $ 3.84, +4.63% / 29.1, 8.91% Kelt Exploration Ltd. KEL:CN. 1.5000M 5.8500M 5.89%: $ 2.97, +3.13% / 29.6, -N/A- USO / US Oil etf ------- : USO compare: $11.69, +3.45% / === === XLE / Energy Select- : XLE. compare: $59.28, +2.28% / === === === > https://www.bloomberg.com/quote/SPROENEF:CN CHARTS #1: MEG, CPG, BTE, CVE / 5yr: 2yr: 6mo - Last: C$5.45, C$5.03, C$1.59, C$11.43 #2: PE.us, WPX.us, (USO) / 5yr: 2yr: 6mo - Last: $16.40, $10.17, $11.69 #3: ERF, ECA, WCP, KEL / 5yr: 2yr: 6mo - Last: $8.27, $5.44, $3.84, $2.97 ==
  12. Hang Lung Group... is jumping today, & almost catching up with China stocks HK-2823 v.HK10 ... 10d : flip : / Last: Hk2823: $14.56 +0.22 +1.53% / $19.98 +0.44, +2.25% (xx%) But not in the mid- term perspective HK-2823 v.HK10 ... 6mo : flip : / A 25%+ Gap !!!
  13. CHARTS VIEW - How Serious is the DAMAGE IN HK, from the Protests? // See New thread : TINY HONG KONG It is certainly time the issue of HK PROTESTS was more fully discussed on GEI... The protests & tensions are dominating headlines, and moving stock markets & property markets HSI is oversold now, and has bounced off a mid-channel trendline near 25,000 HK:HSI / Hang Seng index ... all-data : 10-yr : 5yrW : 2yrD : 6mo : 10d / Last: 26,225 +490, +1.91%, so far today (mid-Monday) : 10-yr : 5yrW : 2yrD : 6mo : 10d / : 2yrD : 6mo : 10d / HK Property/ Centa-City Leading Index: 188.22 : -0.11% since last week, -0.38% vs Prev. Mo.
  14. Canaccord Preferred vs. CF.t shares CF.prA vs- CF.t ... update : w/prC / 12.24.19: $13.80/ $4.71 = R-293% (was: $13.96/ $5.08 = R-275%) : w/prC / 12.24.19: $13.80/ $4.71 = R-293% ==
  15. NEWS Recent Bulletins News ReleasesIn The NewsOther Date ET Symbol Price Type Headline 2019-08-14 18:15 C:CF 5.08 Street Wire SEC fines Canaccord $250,000 (U.S.) for OTC violations 2019-08-14 10:42 C:CF 5.26 News Release Canaccord Genuity to buy back 7.27M shares for $39.99M 2019-08-12 17:03 C:CF 5.12 News Release Canaccord arranges NCIB for 5.42 million shares 2019-08-12 08:53 C:CF 5.12 News Release Canaccord Genuity to take up 7.27M shares in issuer bid === WAS OVERSUBSCRIBED Canaccord Genuity Group Inc. will take up and purchase for cancellation 7,272,727 of its common shares at a purchase price of $5.50 per common share under the company's substantial issuer bid for aggregate consideration of $39,999,998.50. Common shares purchased under the offer represent approximately 6.28 per cent of the issued and outstanding common shares on a non-diluted basis as at July 3, 2019, the time the offer was announced. After giving effect to the offer, 108,474,831 common shares will be issued and outstanding. A total of approximately 18,918,198 common shares were properly tendered to the offer and not withdrawn. As the offer was oversubscribed, shareholders who made auction tenders at a price of $5.50 and purchase price tenders will have approximately 59 per cent of their successfully tendered common shares purchased by the company ===
  16. The FRUIT of FEAR? HK10 may be at/near a LT Buying window HK10 / Hang Lung Group... update : HK101 : hk10-101-2823 : 10d / Last: $19.16
  17. Missing Punchline! WHY the Low Earnings? > Q2.financials When the GCM stock price rises, the O/S warrants generate Losses "Adjusted net income (1) for the second quarter of 2019 was $14.0 million, or $0.29 per share, up from $8.2 million, or $0.29 per share, in the second quarter last year. For the first half of 2019, adjusted net income amounted to $27.0 million, or $0.56 per share, compared with $18.1 million, or $0.72 per share, in the first half last year." Adj. Net for Q2 was $14.0 Million, Yet... Reported Earnings for Q2 were just: $768k. Why?? Because of the LOSS on Financial Instruments. This rose by over $6.5M in Q2, vs Q1 & very heavy 92% income taxes- See Below ======================= Q1-2019: Q2-2019: 6mo-'19: Income from operations…….. : 25,325 : 24,885 : 50,210 : Other income (expense) Finance income……………….….. : 271 : 367 : 638 : Finance costs………………….….. : (2,707) : (3,843) : (6,550) : Foreign exchange loss……….. : (132) : (427) : (559) : Loss, equity in associate……. : (82) : (128) : (210) : Loss on financial instruments (4,591) : (11,057): (15,648): =======================: (7,241) : (15,088): (22,329) : Income before income tax. : 18,084 : 9,797 : 27,881 : Income tax (expense)……..… : (10,526): (9,710): (20,236): Deferred tax…………………..….. : 345 : 681 : 1,026 : ===================== : (10,181) : (9,029): (19,210): Net income (loss) ……………. : $ 7,903 : $ 768 : $ 8,671 : 15. LOSS ON FINANCIAL INSTRUMENTS ======================== Q1-2019: Q2-2019: 6mo-'19: MTM loss on Gold Notes (7a): $ (1,896): $(4,380): $(6,274): MTM loss on Conv. Debs (7b): $ (0): (1,659): (1,659): Fair value adj. on SSP Wts. : $ (127): (2): (129): (Loss) on gold in Gold Trust : $ 123 : (53): 70: MTM, gold hedging contracts: $ (124): (151): (275): MTM loss on 2024 Wt liability: $(2,569): (4,812): (7,381): =======================. $ (4,591): (11,057): (15,648): Net income (loss) ………….……. : $ 7,903 : $ 768 : $ 8,671 : As at June 30, 2019, the Company had a total of 12,074,808 listed warrants (GCM.WT.B) (the “2024 Warrants”) issued and outstanding. The 2024 Warrants were issued on April 30, 2018 and commenced trading on the TSX on September 6, 2018. The 2024 Warrants have an exercise price of CA$2.21 per share and entitle holders to purchase one common share of the Company for each 2024 Warrant at any time prior to their expiry on April 30, 2024. The 2024 Warrants represent a financial liability as the exercise price is denominated in Canadian dollars, different from the Company’s US dollar functional currency. As such, they were recognized at fair value at inception and subsequently remeasured with the change in fair value being recognized in the statement of operations. The fair value of the 2024 Warrants as at June 30, 2019 was determined based on their last traded price, a level 1 fair value input, of CA$2.28 ($1.74) per 2024 Warrant for the period. ===== Bizarrely, when the price of the warrants goes up, Earnings take a hit ! In the first half of 2019, this almost wiped out earnings. Q3 could be worse ======================== Q1-2019: Q2-2019: 6mo’19: Aug.14th MTM loss on 2024 Wt liability : $(2,569): (4,812): (7,381): (11M ?) : Qtr End Mkt.Value WtB C$1.40: C$1.80 : C$2.28 : C$2.28 : C$3.58 : Change in WtB price …………..…. : C$0.40 : C$0.48 : C$0.88 : C$1.30 : —————————-x 12.07 Mn : C$4,828: $5,794 : 10,622 : 15,691 : —————————- / USDCAD : C$1.350: $1.310 : $1.310 : $ 1.330 : —————————-x 12.07 Mn. : $ 3,576 : $4,423 : $8,108 : 11,798 : Qtr End value, WtB : US$1.026 : $ 1.360 : $1.740 : $1.740 : $2.720 : Change in WtB price ……………... : $ 0.334 : $0.380 : $0.714 : $0.980 : —————————-x 12.07 Mn : $4,031 : $4,587 : $8,618 : 11,829 : But GCM has to pay Income Tax on the earnings BEFORE this odd expense. Is it a real expense? I don't think it is. When they sell Wts at an exercise price, and later the price rises, it is a mere opportunity loss. A company does not take an earnings hit, when it sells stock at a low price, and later the price rises.
  18. Gran Colombia earns $768,000 (U.S.) in Q2 // The Punchline is Missing ! > Q2.financials GRAN COLOMBIA GOLD REPORTS SECOND QUARTER AND FIRST HALF 2019 RESULTS; RAISES 2019 PRODUCTION GUIDANCE AND ON TRACK TO MEET 2019 COST GUIDANCE Gran Colombia Gold Corp. has released its unaudited interim condensed consolidated financial statements and accompanying management's discussion and analysis for the three and six months ended June 30, 2019. All financial figures contained herein are expressed in U.S. dollars ("USD") unless otherwise noted. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company's latest results, said, "We are pleased with our second quarter 2019 operating and financial results. We have now raised our production guidance for the year and we are on track to meet this year's cost guidance. For the first half of this year, our revenue was up 16%, our adjusted EBITDA was up 27%, our operating cash flow up in gold prices, well above the average for the first half of this year, our second half earnings, cash flows and cash balance are poised to benefit from our leverage to gold prices. We've continued to improve our liquidity in the second quarter, bolstering our mid-year cash position to $51.3 million, including the net proceeds of the Convertible Debentures financing completed in April. The recently announced high-grade results from our drilling program at Segovia in the first half of 2019, and the work we are doing to identify and prioritize step out and brownfield drilling targets, increase our confidence in the potential to add mineral reserves and extend mine life at our flagship operation." Second Quarter and First Half 2019 Highlights The strength of the Company's operating performance at its high-grade Segovia Operations in the first half of 2019 has allowed it to raise its annual gold production guidance for 2019 to a range of between 225,000 and 240,000 ounces. Total gold production of 57,882 ounces in the second quarter of 2019, up 9% over the second quarter last year brought the total for the first half of 2019 to 118,483 ounces, up 12% over the first half last year. With another 18,166 ounces produced in July, the Company's trailing 12-months' gold production at the end of July 2019 now stands at 229,776 ounces, up 5% over 2018's annual production. Revenue amounted to $77.6 million in the second quarter of 2019, up 13% over the second quarter last year, bringing the total revenue for the first half of 2019 to $155.1 million, up 16% over the first half last year. 2019's revenue increase has been largely driven by the production growth. Despite a 1% year-over-year decline in spot gold prices to an average of $1,307 per ounce in the first half of 2019, the Company reported a $6 per ounce improvement in realized gold prices to an average of $1,296 per ounce in the first half this year. This was the result of lower charges in a new refining contract that the Company entered into in January 2019 with an international refinery, saving approximately $20 per ounce sold compared with its previous arrangement. With the London P.M. Fix gold price ranging from a low of $1,390 per ounce to a high of $1,506 per ounce thus far in the third quarter, the Company expects to see a significant increase in revenue and operating cash flow in the second half of 2019 compared with the first half of 2019 if spot gold prices remain at the current level. Total cash costs (1) per ounce, continuing to benefit from solid operating performance at its Segovia Operations, was $655 per ounce in the second quarter of 2019, down from $696 per ounce in the second quarter last year, bringing the average for the first half of 2019 to $638 per ounce, down from $683 per ounce in the first half last year. For 2019, the Company now expects that its total cash costs for the full year will remain below 2018's annual average of $680 per ounce. All-in sustaining costs ("AISC") (1) and All-in costs (1) in the second quarter of 2019 were $878 per ounce and $903 per ounce, respectively, both down from $930 per ounce and $937 per ounce, respectively, in the second quarter last year. For the first half of 2019, AISC and All-in costs per ounce were $855 and $873 per ounce, respectively, down from $925 and $929, respectively, in the first half last year. For 2019, the Company expects that its AISC and All-in costs for the full year will remain below $925 per ounce and $950 per ounce, respectively. The Company reported adjusted EBITDA (1) of $33.2 million for the second quarter of 2019, up 25% over the second quarter last year, bringing the total for the first half of 2019 to $68.5 million, up 27% over the first half last year. The trailing 12-months' adjusted EBITDA at the end of June 2019 now stands at $116.9 million, up 14% over 2018, driven by production growth and the reduction in total cash costs per ounce sold. Net cash provided by operating activities in the second quarter of 2019 of $18.2 million brought the total for the first half of 2019 to $38.0 million, up 7% over the first half last year. The Company's Free Cash Flow (1) in the second quarter of 2019 of $7.8 million brought the total for the first half of 2019 to $19.0 million, up 3% over the first half last year. . . . Adjusted net income (1) for the second quarter of 2019 was $14.0 million, or $0.29 per share, up from $8.2 million, or $0.29 per share, in the second quarter last year. For the first half of 2019, adjusted net income amounted to $27.0 million, or $0.56 per share, compared with $18.1 million, or $0.72 per share, in the first half last year. Improved earnings in the second quarter and first half of 2019 compared with the corresponding periods last year continued to reflect the significant contribution of Segovia's operating performance in 2019 on revenues, total cash costs per ounce, adjusted EBITDA and income from operations.
  19. Experion Holdings Ltd Update Recent Bulletins News ReleasesIn The NewsOther Date ET Symbol Price Type Headline 2019-08-06 09:51 C:EXP 0.215 News Release Experion has claim for 10.27 M shares dismissed 2019-07-25 11:08 C:EXP 0.24 News Release Experion's chairman McWatters dies 2019-07-24 13:19 C:EXP 0.24 News Release Experion files Q2 financials, talks recent work 2019-07-24 12:23 C:EXP 0.24 SEDAR Interim Financial Statements SEDAR Interim Financial Statements 2019-07-24 12:23 C:EXP 0.24 SEDAR MD & A SEDAR MD & A VANCOUVER, British Columbia, July 24, 2019 (FSCwire) Experion Holdings Ltd. (“Experion” ... Financials Experion has now filed its Q2 2019 consolidated interim financial statements, and management discussion and analysis for the six months ended May 31, 2019 on SEDAR. Business Update – Domestic and International Market Development Domestic Market: In January 2019, the Company begun to sell clones to newly licensed Standard Cultivators looking for quality genetics to launch their cultivation process. The sales expand Experion’s product line with clones exhibiting the desired specifications and attributes for both the medical and Adult-use market. Under the Cannabis Act, a cultivation license can sell product to other licensed facilities fostering new business to business relationships and the ability to create quick strategic partnerships as the market becomes established. All starting materials sold as clones to other cultivators have a flower buy back program with Experion. As well, Experion can also sell clones for medical purposes to qualified individuals as a licensed medical supplier. International Market: In June 2019, Experion signed a non-binding letter of intent (“LOI”) with a Polish import and distribution company to export medical flower products to Poland. Under the executed LOI, Experion will export medical flower products to Poland for scientific purposes enabling the Polish company to test and develop Experion’s flower products. After the successful completion of this testing, Experion will export its flower products to Poland for consumer medical use. Experion is currently working towards European Union Good Manufacturing Practice (“GMP”) certification of its Mission facility in British Columbia, which will allow the export of cannabis to the EU for medical consumption. Experion is actively seeking export opportunities in Europe and plans to continue to build its international distribution chain. Corporate Update During the current period, Experion continued to strengthen is executive team and appointed Kamini Hitkari to the position of Chief Financial Officer. The Company also hired Judy-Ann Pottinger to provide comprehensive investor relations and corporate communications services. On June 10, 2019, Experion changed its name from Viridium Pacific Group Ltd. to Experion Holdings Ltd. and changed its trading symbol from “VIR” to “EXP” on the TSXV. A focused brand strategy, under one corporate brand, will bring alignment to the market and our shareholders.
  20. I am happy I dumped this shortly after the foray into Marijuana labs VIR > EXP / EXPERION Holdings ... all-data : vs-WEED : 5-yr : 2-yr : 12mo :: : EXP-vs-WEED : “Experion Holdings Ltd.” (TSX-V: EXP). June 10, 2019 (Source) – Viridium Pacific Group Ltd. (the ”Company”) (TSX-V: VIR ) is pleased to announce that the Company has changed its name from “Viridium Pacific Group Ltd.” to “Experion Holdings Ltd.” (TSX-V: EXP).The Company’s shareholders approved the name change at a special meeting of shareholders held on May 31, 2019. Effective on market opening on June 10, 2019, the common shares of the Company will commence trading on the TSX Venture Exchange under the Company’s new name, Experion Holdings Ltd., and under the trading symbol ”EXP”. With the new change in name, there is no consolidation of capital and the CUSIP Number will be 30219B109. Mr. Jay Garnett, Chief Executive Officer, commented, “We are excited to have both our Licence and corporate entity under Experion. Having a focused brand strategy, under one corporate brand, will bring alignment to the market and our shareholders. In addition, it will allow us to better communicate our value proposition as we work to unlock value and communicate our accomplishments to the market and stakeholders.” No action is required to be taken by current shareholders in connection with the change in name and no change has been made to Experion Holdings Ltd. share capital. About Experion Holdings Ltd. Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC; and EFX Laboratories Inc., a medical products production and clinical research company based in Calgary, AB. Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs’ including Medical, Adult-use, and Wellness and Therapeutic products.
  21. Canopy Growth, world’s largest pot company, lost $1 billion in three months MarketWatch Stock falls 10% in late trading after elimination of C$1.18 billion in warrants related to Constellation Brands investment leads to earnings miss Bloomberg News/Landov Analysts surveyed by FactSet had estimated fiscal first-quarter adjusted losses of C$0.38 a share on revenue of C$111.9 million Canopy Growth Corp. reported a C$1.28 billion quarterly loss late Wednesday and missed analyst revenue estimates for revenue, sending shares down 10% in after-hours trading. The world’s largest cannabis company by market value, Canopy Growth CGC, -6.64% WEED, -5.76% reported fiscal first-quarter net losses of C$1.28 billion, or C$3.70 a share, compared with losses of C$91 million, or 40 cents a share, in the year-ago period. The more than $1 billion loss was due to the company extinguishing warrants related to the Constellation Brands Inc. STZ, -1.61% investment. Canopy Growth fired co-Chief Executive Bruce Linton not long after its previous earnings report, amid reports of unhappiness at Constellation with continuing large losses. CEO Mark Zekulin has remained at the helm of the company, but has said he expects to exit once a new leader is found. Net revenue rose to C$90.5 million from C$25.9 million in the year-ago period, excluding excise taxes. Of that revenue, Canopy said that C$50.4 million was Canadian recreational business-to-business, C$10.6 was direct to consumer and C$13.1 million was medical cannabis sales. Canopy also brought in $10.5 million in international cannabis revenue. Analysts surveyed by FactSet had estimated fiscal first quarter adjusted losses of C$0.38 a share on revenue of C$111.9 million. Canopy did not provide any per-share adjusted-earnings information.
  22. (by email from VIT's CEO): Check out our latest Eagle video update. Our women and men are mining, crushing and stacking it! Next month we pour gold. Crank up the volume!
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