Goldman Sachs downgrades Boston Beer stock, and millennials are to blame - Allentown Morning Call

Goldman Sachs downgrades Boston Beer stock, and millennials are to blameAllentown Morning CallGoldman Sachs recently downgraded the stocks of two major brewers — Samuel Adams maker Boston Beer Co., which has its largest brewery in Breinigsville, and Constellation Brands (the third-largest beer company in the United States, and one known for … Continue Reading … Continue reading

4 Top Mining Execs Share Secrets to Success

This year’s Sprott Natural Resource Symposium is in full swing, and a highlight from day two was a panel featuring Robert Friedland, Randy Smallwood, Ross Beaty and Bob Quartermain.  Chaired by Rick Rule of Sprott US Holdings, who has long argued that good management is crucial in the resource space, the talk gave attendees the chance to learn what makes the industry’s most successful leaders tick. The participants, billed as “living legends,” fielded questions about their past successes and failures, and discussed who the industry’s next up-and-coming CEOs may be. Read on to learn what they said. table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } “Resource Forecast 2017 – Expert Opinions Covering Precious Metals, Energy, Critical Metals, and More” Click here to discover what the experts see coming in 2017 and beyond with our INN Insider’s Report (value of … Continue reading

Noram Closes Acquisition of Arizaro East Project in the Lithium Triangle

Noram Ventures Inc. (TSXV:NRM) (“Noram” or the “Company”) is pleased to announce it has closed the acquisition of the 2,709 hectares Arizaro East mineral claim is located in the eastern portion of the Salar de Arizaro in north-western Argentina in Los Andes Department, Salta Province (see: Photo/Map). In keeping with the terms of the Option Agreement previously announced July 21, 2017, the Company has now issued 28,500,000 common shares to earn a 90% interest in the Property and can earn the remaining 10% by making a payment of US$150,000 on or before July 31, 2018. “We are very  pleased to have closed on the 90% acquisition of a land position in Argentina, which will diversify and compliment our existing asset mix of lithium and graphite properties,” said Noram’s President Mark Ireton. Our focus is not only on finding and developing lithium and graphite deposits, but also on sourcing and supporting new, environmentally-friendly, processing techniques to produce our … Continue reading

Ascendant Resources Inc. June and Second Quarter Production Update

Ascendant Resources (TSXV:ASND) (“Ascendant” or the “Company“) (“Ascendant” or the “Company”) President and CEO, Mr. Chris Buncic provides a June and second quarter production update. Currently the company is focused on operating its El Mochito mine in Honduras while continuing to evaluate producing and advanced development-stage mineral resource opportunities, principally in North, South and Central America. Watch Full Video Here  Click here to connect with Ascendant Resources (TSXV:ASND) to receive an Investor Presentation. The post Ascendant Resources Inc. June and Second Quarter Production Update appeared first on Investing News Network. Continue Reading … Continue reading

Cryptocurrencies Still On the Rise Despite Recent Losses

Last week, cryptocurrencies such as bitcoin and ethereum were back on the rise after dropping off significantly over the weekend of July 15 ($1,758.20 for bitcoin; $130.26 for ethereum). However, as of Wednesday (July 26), both digital currencies are on pace for another stretch of losses. On Thursday (July 20), bitcoin had rebounded handsomely to $2,853 per token and remained close to that range until early this week. By Tuesday (July 25), bitcoin had tapered off to $2,469.46 before recovering slightly on Wednesday. However, as of 3:06 p.m. EST, the price of bitcoin was $2,493.27–a 3.67 percent loss since the open on Wednesday. The story is similar for ethereum, which sat comfortably between the $220 and $230 mark until mid-Tuesday.  On Wednesday, ethereum had dropped to as low as $196.80, but has since increased marginally to $199.19. Overall, ethereum has dipped 3.81 percent since Wednesday’s open. table.inline-text-ad { border-left: none; border-right: … Continue reading

Uruguay Faces Cannabis Shortage Through First Week of Legalization

Demand has met and surpassed supply for the recently legalized adult cannabis market in Uruguay. It took all but one day for the cannabis supply to run out in Uruguay. According to local press, on the first day of full legalized adult-use consumers were left with nothing in the capital city of Montevideo, which hosts four pharmacies allowed to sell cannabis. There are 16 total licensed pharmacies in all Uruguay. “I was left with no stock,” Sebastian Scaffo, the owner of one of the four licensed pharmacies in Montevideo told La Nacion. “[I] couldn’t call to get my stock replenished.” table.inline-text-ad { border-left: none; border-right: none; } .inline-text-ad h1 { font-size: 18px !important; font-weight: bold !important; } .inline-text-ad p { font-size: 1.0rem; } “Ready to start investing in Cannabis? Get your Investor guide today” Click below to get an INN Insider’s Report on marijuana investing (value of $49) for FREE. Limited … Continue reading

Medallion’s Don Lay Talks Magnet Prices

In an interview with CEO.CA, Medallion Resources Ltd. (TSXV:MDL) CEO Don Lay talked about the magnet market and rebounding prices. To listen to the interview, click here. Click here to connect with Medallion Resources Ltd. (TSXV:MDL) to receive an Investor Presentation. The post Medallion’s Don Lay Talks Magnet Prices appeared first on Investing News Network. Continue Reading … Continue reading

ABcann Global Provides Construction and Expansion Update

ABcann Global Corporation (TSXV:ABCN) and Cannabis Wheaton Income Corp. (TSX.V:CBW) (“Cannabis Wheaton” or “CW”) is pleased to provide an update on the Company’s construction and expansion timelines for its Vanluven and Kimmett facilities, both located in Napanee, Ontario. ABcann confirms that plans to commence construction at the Company’s Kimmett facility in Q3 2017 remain on track, and the previously announced plans for a 71,000 square foot Phase 1 plan have been expanded to 100,000 square feet. In addition to the Kimmet construction plans, ABcann has initiated immediate expansion and construction at its current production facility at Vanluven to double production capacity and service the Company’s growing patient base on an expedited timeline. ABcann’s current cash position is approximately $43 million, which the Company expects will be sufficient to complete both the Phase 1 100,000 square foot construction at Kimmett and the expansion at Vanluven. “ABcann’s strong cash position from its go public transaction, … Continue reading

Valens Groworks Announces Private Placement, Insider Participation

Valens GroWorks (CSE:VGW)(CSE:VGW.CN) (the “Company” or “Valens“), a vertically integrated provider of cannabis products, is pleased to announce a non-brokered private placement of up to 4,000,000 units (the “Units“) at a price of $1.00 per Unit for gross proceeds of up to $4,000,000 (the “Offering“). The net proceeds of the Offering will be used for plant expansion, including additional growing and oil extraction capacity at existing facilities, marketing & branding initiatives and other growth opportunities and general corporate purposes. The Company anticipates significant insider participation in the Offering. The issuance of those Units to the insiders will be considered related party transactions within the meaning of Multilateral Instrument 61-101 (“MI 61-101“). The Company intends to rely on the exemptions from the requirements of MI 61-101 in respect of any Insider Participation. Each Unit will consist of one common share of the Company (a “Common Share“) and one-half of a Common Share purchase … Continue reading

Fundamental Research Initiates Coverage on BlackIce Enterprise Risk Management Inc.

Fundamental Research has initiated coverage on BlackIce Enterprise Risk Management (CSE:BIS), with a BUY rating and fair value estimate at $0.16 per share. As quoted in the report: BIS’s products / solutions are advantageous for banks, as building an in-house platform is capital and time consuming. In addition, most third-party vendors offer solutions that are ‘black boxes’ and closed, requiring expensive license fees and consulting engagements to customize and implement. In contrast, according to management, BIS’ products and solutions are open, flexible, customizable, elementary to implement and fully integrated. … We are initiating coverage on the company with a BUY rating and a fair value estimate of $0.16 per share. We believe the company is exposed to the following key risks (not exhaustive): The company has yet to build a track record of sales. There is no guarantee that the company will be able to gain traction in the U.S. … Continue reading