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$KEYS | #Keysight Technologies Breakout Targets
Potential breakout on Fridays for KEYS after a earnings beat.
Previous ATH sits at $110 which is first major resistance.
Higher targets then sit at Fibonacci confluence @ $115 & $118 .
Messy but possible Inverse H&S formed.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$KEYS | #Keysight Technologies Breakout Targets
Potential breakout on Fridays for KEYS after a earnings beat.
Previous ATH sits at $110 which is first major resistance.
Higher targets then sit at Fibonacci confluence @ $115 & $118 .
Messy but possible Inverse H&S formed.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$AAPl | #Apple Targets/Resistances @ $500 & $515 Hit
Its seems just a matter of hours before the $500 level is hit by AAPL , what it does then
will have a huge impact for the market.
RSI is at 74 so has room to run higher.
Fibonacci targets to consider $486 & $515.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$AAPl | #Apple Targets/Resistances @ $500 & $515 Hit
Its seems just a matter of hours before the $500 level is hit by AAPL , what it does then
will have a huge impact for the market.
RSI is at 74 so has room to run higher.
Fibonacci targets to consider $486 & $515.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$MOBL | #MobileIron Exploring Potential Sale Up 12% Afterhours.
MobileIron is working with a financial adviser to explore options, including a possible sale, Bloomberg's Liana Baker reports, citing people familiar with the matter. The company has not made any final decision and could decide to stay independent, Baker notes. Shares of MobileIron surged 10% in after-hours trading following the new
Source - https://thefly.
$MOBL | #MobileIron Exploring Potential Sale Up 12% Afterhours.
MobileIron is working with a financial adviser to explore options, including a possible sale, Bloomberg's Liana Baker reports, citing people familiar with the matter. The company has not made any final decision and could decide to stay independent, Baker notes. Shares of MobileIron surged 10% in after-hours trading following the new
Source - https://thefly.
$XERS | #Xeris Pharma On Breakout Watch
Alert set for a break above the 200ma and $5.00 level.
Highly speculative with high Risk| Reward .
Company profile
Xeris Pharmaceuticals , Inc.is a pharmaceutical company, which develops and commercializes ready-to-use, liquid-stable injectables. It offers XeriSol and XeriJect formulation technologies. Its products include Gvoke Pre-Filled Syringe and Gvoke HypoPen. The company was founded by Steven Prestrelski and John Kinzell in 2005 and is headquartered in Chicago, IL.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$XERS | #Xeris Pharma On Breakout Watch
Alert set for a break above the 200ma and $5.00 level.
Highly speculative with high Risk| Reward .
Company profile
Xeris Pharmaceuticals , Inc.is a pharmaceutical company, which develops and commercializes ready-to-use, liquid-stable injectables. It offers XeriSol and XeriJect formulation technologies. Its products include Gvoke Pre-Filled Syringe and Gvoke HypoPen. The company was founded by Steven Prestrelski and John Kinzell in 2005 and is headquartered in Chicago, IL.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CCLP | #CSICompressco Upside Targets High R/R
CSI Compressco LP engages in the provision of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. It offers compression services, new equipment sales, and aftermarket services. The company was founded on October 2008 and is headquartered in The Woodlands, TX .
$CCLP | #CSICompressco Upside Targets High R/R
CSI Compressco LP engages in the provision of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. It offers compression services, new equipment sales, and aftermarket services. The company was founded on October 2008 and is headquartered in The Woodlands, TX .
$ADSK | #Autodesk Earnings Bullish Targets
Stock enters earnings within a 3 month congestion channel phase, with indicators all turning bullish .
Potential Targets
$273.50 is measured channel move (100% of current channel)
$260-266 Local Fibonacci expansion target zone.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$ADSK | #Autodesk Earnings Bullish Targets
Stock enters earnings within a 3 month congestion channel phase, with indicators all turning bullish .
Potential Targets
$273.50 is measured channel move (100% of current channel)
$260-266 Local Fibonacci expansion target zone.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PANW | #PaloAlto Earnings Targets
Potential targets for continuation in Palo Alto.
Confluence of Fibonacci expansion & extension levels provide
reasonable resistance levels.
$284.50 & $294.50
Stock is somewhat extended & well above support in the $250 zone,
so care is needed and no certainties, stock has history of violent selloffs
in the past.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PANW | #PaloAlto Earnings Targets
Potential targets for continuation in Palo Alto.
Confluence of Fibonacci expansion & extension levels provide
reasonable resistance levels.
$284.50 & $294.50
Stock is somewhat extended & well above support in the $250 zone,
so care is needed and no certainties, stock has history of violent selloffs
in the past.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$OSUR | #Orasure Tech Reversal Trade
The stock has retraced and bounced perfectly of the Fibonacci Golden pockets once again.
Fridays seen increased volume and bullish price action.
50 & 100 Moving Averages support once again
Alert set for break above $15.25 for long into huge gap.
Stochastic and RS bottomed and reversing.
Speculative and high risk
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$OSUR | #Orasure Tech Reversal Trade
The stock has retraced and bounced perfectly of the Fibonacci Golden pockets once again.
Fridays seen increased volume and bullish price action.
50 & 100 Moving Averages support once again
Alert set for break above $15.25 for long into huge gap.
Stochastic and RS bottomed and reversing.
Speculative and high risk
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CCL | #Carnival Corp Bullish Inverse H&S
Potential Inverse H&S forming, will look for surge in volume
upon breakout above neckline.
Upside Targets $17.56-$18.16 to Fibonacci retrace levels.
Volume resistance declines greatly and set up a potential run to $19-$20 as
long as the market rotation continues.
Previous rallies have been short lived so take care with increased exposure.
$CCL | #Carnival Corp Bullish Inverse H&S
Potential Inverse H&S forming, will look for surge in volume
upon breakout above neckline.
Upside Targets $17.56-$18.16 to Fibonacci retrace levels.
Volume resistance declines greatly and set up a potential run to $19-$20 as
long as the market rotation continues.
Previous rallies have been short lived so take care with increased exposure.
$FUSEF Could Rally Hard As Demand For #Cobalt Surges!
Fuse Cobalt Inc. ( FUSEF )
Alert Price: $0.0588
Float: 62.49M
Technical Analysis
SmallCap Voice Interview
It is cobalt that could become the battery boom's biggest winner...
This brings our attention to a promising Canadian cobalt exploration company who is working next to Glencore, the world’s biggest cobalt producer!
Canada is one of the most prolific mining regions in the world. Not only does the country have mining friendly laws, but mining makes up a sizable portion of GDP and employment in the country.
Just how promising is cobalt exploration in Canada? Pretty promising when you have several world titans including Jeff Bezos and Bill Gates backing a Canadian start-up mining venture!
If there were ever a sign of optimism for cobalt’s outlook it would be Tesla’s recent agreement to buy as much as 6,000 tons of the metal annually from Glencore.
A source familiar with the situation has said the contract will help Tesla shore up its cobalt supply for its new plants in China and Germany.
When you have a giant like Tesla making moves like this and big tycoons investing into the cobalt space, one can only imagine how important cobalt will be for the growing electric vehicle market!
With the cobalt industry outlook looking this favorable, it is the producers of cobalt that may stand to reap astronomical rewards.
Our latest trade idea, Fuse Cobalt Inc. ( FUSEF ) is an emerging player in the explosive cobalt boom.
Add Fuse Cobalt Inc. FUSEF ) to the Top of Your Watchlist
The company “seeks to generate and develop energy metal projects that accelerate our modern and environmentally conscious world.”
With a focus on “becoming a provider of strategic metals with an emphasis on cobalt via exploration and development using the latest technologies in conjunction with fiscal prudence, strategic acquisitions and efficient execution of plans and objectives.”
There could be a "Gold Mine" of Cobalt in Canada
Some of the biggest names in the world are backing a Canadian cobalt mining venture called KoBold Metals, which aims to create a “Google Maps” of the Earth’s crust, with a special focus on finding cobalt deposits.
The company's backers include big names such as Venture capital firm Andreessen Horowitz and Breakthrough Energy Ventures.
The latter is financed by well-known billionaires including Jeff Bezos (Founder of Amazon (NASDAQ: AMZN ), Ray Dalio (Founder of Hedgefund Bridgewater Associates), Michael Bloomberg (Founder of Bloomberg LP and former NYC Mayor), Richard Branson (Founder of Virgin Group and Virgin Galactic NYSE: SPCE ) and Bill Gates (Founder of Microsoft (NASDAQ: MSFT ).
KoBold Metals has acquired rights to an area in northern Quebec, just south of the world's largest cobalt producer Glencore’s (LSE: GLEN), nickel mine (Raglan Mine).
Fuse Cobalt Inc. ( FUSEF ) also has a long-term business relationship Glencore, having purchased the Glencore Bucke Cobalt Property from them, and along with ownership of the adjoining Teledyne Cobalt Property, the company has a 100% owned large land position located in the historic cobalt mining region of Cobalt, Ontario Canada.
These properties have three distinct agreements with Glencore, namely a back-in provision, a production royalty, and an off-take agreement.
“This recent activity from such knowledgeable and powerful people like Bill Gates, Jeff Bezos, Mike Bloomberg and Richard Branson, confirm that FUSE is on the right path to secure a cobalt metal resource in Canada. Canada is a friendly and supportive mining jurisdiction and FUSE is in a solid position to capitalize on this heightened interest in Canadian cobalt to supply the global technology and EV industries.”
- Mr. Robert Setter, FUSE President & CEO .
Mr. Setter recently discussed the strong state of the global cobalt market in an interview with SmallCapVoice.com
Speaking with SCV’s Stuart Smith, President and CEO Robert Setter explained Fuse’s business model and focus on exploring high value metals through the Company’s two wholly owned properties in Northern Ontario Canada.
Fuse’s strategy is to advance these projects into operations mining cobalt for use in a variety of end-use applications, such as batteries for EVs - a global market expected to reach $802 billion by 2027. (SOURCE)
Cobalt is a key component used in the majority of EV batteries, and Tesla’s ( TSLA ) recent deal to buy cobalt from Swiss miner Glencore is a key indicator that the cobalt market is heating up.
“These are exciting times for our company,” Setter told Smith. “We are well-positioned to take advantage of the massive growth that we see coming in the battery market for electric vehicles. Cobalt is considered a strategic metal with the Canadian and the U.S. governments agreeing to work together to secure private sources of cobalt and other strategic metals in North America.”
Fuse Cobalt Inc. ( FUSEF ) is a well-funded Canadian company whose focus is directed towards exploration of high value metals related to the cobalt battery industry.
The company's Ontario Cobalt Properties cover the southern extension of the former producing 15 Vein on the past-producing Agaunico Mine Property.
Historically, the Agaunico Mine produced 4,350,000 lbs . of cobalt and 980,000 oz. of silver during the mining boom of the early 1900’s (Cunningham-Dunlop, 1979).
Recent 2017 drilling on these Ontario cobalt properties revealed intersections of 21.9% cobalt over 0.36 M and 18.7% cobalt Over 0.15 M at Teledyne, (News Release Jan 18, 2018), plus intersections of 8.42% Cobalt over 0.30 metres on the Glencore Bucke Property (News Release Jan 17, 2018).
FUSE has two 100% wholly owned properties, Glencore Bucke (subject to a back-in provision, production royalty and off-take agreement) and Teledyne (subject to a 2% NSR) Cobalt Properties, located in Cobalt, Ontario.
The Glencore Bucke property is one of Glencore's longstanding Canadian cobalt assets!
Glencore Bucke Property
In 2018, the Glencore Bucke property was acquired from Glencore, a leading integrated commodity producer and trader, operating worldwide with diversified operations comprising around 150 mining and metallurgical, oil production and agricultural assets.
Glencore is one of the world’s largest producers of cobalt as a result of by-products created from its copper assets in the DRC and nickel assets in Australia, Canada and Norway.
The Purchase Agreement included a back-in provision, production royalty and an off-take agreement in favor of Glencore.
Prior to the commencement of Commercial Production, the Purchaser shall enter into an off-take agreement with the Vendor for all ores and/or concentrates produced from the Property and/or the Teledyne Property. The off-take agreement shall be on such terms and conditions as are commercially reasonable and at prevailing market prices.
This means Glencore will have to purchase the cobalt back at top tier prices!
The Glencore Bucke property consists of two patented mining claims totaling approximately 16.2 ha in area located on the west boundary of Fuse’s Teledyne Cobalt Project.
In 1981, Teledyne leased mining claim 585 (“Glencore Bucke Property”) from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of the Cobalt Contact veins on mining claim T43819 that projected southward onto the Property.
In the fall of 2017, Fuse completed 21 diamond drill holes totaling 1,913.50 m at Glencore Bucke in a first phase of drilling designed to confirm and extend the existing known mineralized zones on the property. The program tested the Main Zone for a strike length of approximately 55 m and the Northwest Zone for a strike length of approximately 45 m.
Results were encouraging with a majority of holes hitting cobalt mineralization including 4.45% cobalt over 0.30 metres in hole GB 17-06 and 8.42% cobalt over 0.3 metres in hole GB-17-15 (core lengths only, not true widths.)
In 2018, Fuse completed 24 diamond drill holes totaling 2,559 m in phase II at Glencore Bucke with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in 2017 on the Main and Northwest Zones.
The Phase 2 program also tested several outlying targets with drill hole GB18-41 aimed at testing for mineralization at depth beneath a historical trench which intersected anomalous cobalt mineralization. Cobalt, zinc, silver and copper were present.
Not all holes were released, with holes GB18-31 through to GB18-40 expected in Q2 2020.
Teledyne Property
In the spring of 2018, FUSEF announced that it had earned a 100% interest in the Property with the vendors retaining a 2% (net smelter royalty (NSR).
The Property, located in Bucke and Lorrain Townships, consists of 5 patented mining claims totaling 79.1 ha, and 46 unpatented mining claim cells totaling approximately 705.99 ha. The Property is easily accessible by highway 567 and a well-maintained secondary road.
The property is subject to a production royalty in favor of New Found Gold and an off-take agreement in favor of Glencore Canada Corp.
Again... This means Glencore, the biggest cobalt player in the world, will have to purchase the cobalt back at top tier prices!
Based on historical drilling and data a cobalt resource was developed in the 1980’s however, it is not consistent with current 43-101 standards and will require work to be completed by a QP in order to be brought up to current NI -43-101 resource standards.
As such the Company is not treating the historical reserve estimate as a current mineral resource or mineral reserve. Over $25 million Can has been spent thus far, (2020 dollars inflation-adjusted) on the Teledyne Property resulting in valuable infrastructure including a development ramp and a modern decline going down 500 ft parallel to the vein.
During the fall of 2017, Fuse Cobalt Inc. (TSXV: FUSE | OTC: FUSEF ) had completed 11 diamond drill holes totaling 2,204 m designed to confirm and extend the existing known mineralization along strike, and up and down dip. The program tested the Teledyne Main Zone for a strike length of approximately 220 m. Significant results included TE-1704 with 1.82% cobalt over 6.00 m from 138.00 to 144.00 m, including 5.06% Co over 1.75 m from 141.25 to 143.00 metres (not true widths.)
In the fall of 2018, 9 additional diamond drill holes in Phase 2 drilling were completed totaling 1,713 m at Teledyne with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in 2017. This program also tested several outlying targets including beneath a historical trench with veining present at surface and to intersect the East Zone.
These results are expected to be available in Q2 2020.
We need green energy and cobalt is critical to the renewable energy transition.
The metal has a has a key role in developing renewable energies such as solar power, wind power and biogas.
A global response to deadly air pollution, the world's greenhouse gas emission targets, and energy poverty are just a few reasons the global green energy revolution has momentum. It is the future of our planet.
From the electric vehicle movement to energy storage systems, to our global population staying connected with modern technology, the need for rechargeable lithium-ion batteries and green energy continues to grow.
Cobalt is additionally super-important in the production of batteries for cellphones and electric vehicles.
Cobalt is an essential ingredient in lithium-ion batteries that power millions of plug-in electric cars.
The largest use of cobalt is in portable consumer electronics like cell phones, laptop computers, and tablets, which are also all powered by lithium-ion batteries.
The outlook for cobalt is incredible:
The global cobalt market size is projected to be valued at USD 12.93 billion by 2025, according to a new study by Adroit Market Research.
Powering more of the cars we drive with electricity is one of the keys to reducing greenhouse gas emissions. Shell’s Sky scenario predicts that most new car sales could be electric vehicles by 2050. By 2070 almost all cars could be electric vehicles.
The global demand for cobalt is expected to surge to 200000 mt per year by 2025, according to Eurasian Resources Group ( ERG ).
According to Allied Market Research, the global lithium-ion battery market was valued $36.7 billion in 2019, and is projected to hit $129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027.
Reports surfaced earlier this year that revealed iPhone maker Apple is in talks to procure cobalt, the essential component in smartphone batteries, direct from mining companies.
For tech giant Apple to make such a move signifies an impending supply shortage.
“Apple is a buyer of batteries, not a buyer of battery components, and it’s a number of steps away from the raw materials side. So this is significant — the reason they’re doing it is supply chain visibility,” Simon Moores, managing director of Benchmark Minerals, told CNBC.
Another important component in a lithium-ion battery is lithium.
Lithium prices plummeted in 2019 but production of the battery metal is set to almost triple by 2025 to more than 1.5 million metric tons says S&P Global . (SOURCE)
FUSE announced in July that it has as acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
The property is called Teels Marsh West and is highly prospective for Lithium brines!
It is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine-based Lithium mine supporting lithium production since 1967.
The electric vehicle car revolution is already underway and this could be one of the best times to pay attention to cobalt and lithium stocks such as FUSEF
“Vertical integration between battery manufacturers and auto makers with exploration companies like FUSE appears to be inevitable. We find that global technology companies and global EV automakers themselves are in the best position to facilitate the mining required to supply them with cobalt, lithium, nickel and other input metals from safe jurisdictions. These manufacturers have cash flow and access to financing to fund these exploration operations."
"The world’s largest technology companies like Microsoft (NASDAQ: MSFT ), Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), Tesla (NASDAQ: TLSA) and others are very interested in securing a safe and ethical supply of this strategic metal internationally for their global supply chains. Canada is a shining example of this type of safe and ethical mining jurisdiction.”
- Mr. Robert Setter, FUSE President & CEO .
Currently, about 65% of the world’s cobalt is mined in the Democratic Republic of Congo, much of it by hand and employing children and young men.
New cobalt mines outside the DCR, such as Canada, could become the preferred source of ethically-mined cobalt in the medium-term.
It was in 2016 that Darton Commodities projected that battery consumption will account for ~60% of all cobalt demand in 2020, representing a staggering 58% increase in battery demand from 2016 levels.
Cobalt is a critical component in lithium-ion batteries, perhaps even more critical than lithium…
Gates and Bezos wouldn't spend billions backing a Canadian cobalt venture if they didn't think Canada is a hotbed for cobalt...
Tesla CEO Elon Musk has said in the past that he is trying to lessen his dependence on cobalt but striking a huge deal with Glencore to buy cobalt says otherwise.
Tesla has been skyrocketing since 2020 started and hit nearly $1,800 a share before announcing plans for a 5-for-1 stock split. The company has been adding billions of dollars to its market cap as traders continue to see the appeal of electric vehicles and how important it is to remove dirty fossil-fueled cars from the roads .
Being a significant future customer of Glencore could quickly get FUSEF recognized!
Recent months have shown growth in the Canadian markets and we are thrilled to be the one bringing these young, “growth-focused” companies to light.
Technical Analysis
We've done our very own chart analysis and see the potential for a big move from here!
The share structure also seems attractive to those looking for a ticker with tremendous upside potential!
Bullish Indicators:
RSI Bounced Off Long Term Support
Major Moving Averages Rising In Support As Stock Bounces Off Strong Horizontal Support Level .
Possible Cup & Handle Formation
Stochastic Bottomed & In Bullish Reversal
The Bottom Line
FUSEF is a quality Canadian company that is flying under-the-radar at present, yet that could soon change - they seem to be building momentum and catching more eyes.
Now may be the perfect time to take a closer look at FUSEF
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,
$FUSEF Could Rally Hard As Demand For #Cobalt Surges!
Fuse Cobalt Inc. ( FUSEF )
Alert Price: $0.0588
Float: 62.49M
Technical Analysis
SmallCap Voice Interview
It is cobalt that could become the battery boom's biggest winner...
This brings our attention to a promising Canadian cobalt exploration company who is working next to Glencore, the world’s biggest cobalt producer!
Canada is one of the most prolific mining regions in the world. Not only does the country have mining friendly laws, but mining makes up a sizable portion of GDP and employment in the country.
Just how promising is cobalt exploration in Canada? Pretty promising when you have several world titans including Jeff Bezos and Bill Gates backing a Canadian start-up mining venture!
If there were ever a sign of optimism for cobalt’s outlook it would be Tesla’s recent agreement to buy as much as 6,000 tons of the metal annually from Glencore.
A source familiar with the situation has said the contract will help Tesla shore up its cobalt supply for its new plants in China and Germany.
When you have a giant like Tesla making moves like this and big tycoons investing into the cobalt space, one can only imagine how important cobalt will be for the growing electric vehicle market!
With the cobalt industry outlook looking this favorable, it is the producers of cobalt that may stand to reap astronomical rewards.
Our latest trade idea, Fuse Cobalt Inc. ( FUSEF ) is an emerging player in the explosive cobalt boom.
Add Fuse Cobalt Inc. FUSEF ) to the Top of Your Watchlist
The company “seeks to generate and develop energy metal projects that accelerate our modern and environmentally conscious world.”
With a focus on “becoming a provider of strategic metals with an emphasis on cobalt via exploration and development using the latest technologies in conjunction with fiscal prudence, strategic acquisitions and efficient execution of plans and objectives.”
There could be a "Gold Mine" of Cobalt in Canada
Some of the biggest names in the world are backing a Canadian cobalt mining venture called KoBold Metals, which aims to create a “Google Maps” of the Earth’s crust, with a special focus on finding cobalt deposits.
The company's backers include big names such as Venture capital firm Andreessen Horowitz and Breakthrough Energy Ventures.
The latter is financed by well-known billionaires including Jeff Bezos (Founder of Amazon (NASDAQ: AMZN ), Ray Dalio (Founder of Hedgefund Bridgewater Associates), Michael Bloomberg (Founder of Bloomberg LP and former NYC Mayor), Richard Branson (Founder of Virgin Group and Virgin Galactic NYSE: SPCE ) and Bill Gates (Founder of Microsoft (NASDAQ: MSFT ).
KoBold Metals has acquired rights to an area in northern Quebec, just south of the world's largest cobalt producer Glencore’s (LSE: GLEN), nickel mine (Raglan Mine).
Fuse Cobalt Inc. ( FUSEF ) also has a long-term business relationship Glencore, having purchased the Glencore Bucke Cobalt Property from them, and along with ownership of the adjoining Teledyne Cobalt Property, the company has a 100% owned large land position located in the historic cobalt mining region of Cobalt, Ontario Canada.
These properties have three distinct agreements with Glencore, namely a back-in provision, a production royalty, and an off-take agreement.
“This recent activity from such knowledgeable and powerful people like Bill Gates, Jeff Bezos, Mike Bloomberg and Richard Branson, confirm that FUSE is on the right path to secure a cobalt metal resource in Canada. Canada is a friendly and supportive mining jurisdiction and FUSE is in a solid position to capitalize on this heightened interest in Canadian cobalt to supply the global technology and EV industries.”
- Mr. Robert Setter, FUSE President & CEO .
Mr. Setter recently discussed the strong state of the global cobalt market in an interview with SmallCapVoice.com
Speaking with SCV’s Stuart Smith, President and CEO Robert Setter explained Fuse’s business model and focus on exploring high value metals through the Company’s two wholly owned properties in Northern Ontario Canada.
Fuse’s strategy is to advance these projects into operations mining cobalt for use in a variety of end-use applications, such as batteries for EVs - a global market expected to reach $802 billion by 2027. (SOURCE)
Cobalt is a key component used in the majority of EV batteries, and Tesla’s ( TSLA ) recent deal to buy cobalt from Swiss miner Glencore is a key indicator that the cobalt market is heating up.
“These are exciting times for our company,” Setter told Smith. “We are well-positioned to take advantage of the massive growth that we see coming in the battery market for electric vehicles. Cobalt is considered a strategic metal with the Canadian and the U.S. governments agreeing to work together to secure private sources of cobalt and other strategic metals in North America.”
Fuse Cobalt Inc. ( FUSEF ) is a well-funded Canadian company whose focus is directed towards exploration of high value metals related to the cobalt battery industry.
The company's Ontario Cobalt Properties cover the southern extension of the former producing 15 Vein on the past-producing Agaunico Mine Property.
Historically, the Agaunico Mine produced 4,350,000 lbs . of cobalt and 980,000 oz. of silver during the mining boom of the early 1900’s (Cunningham-Dunlop, 1979).
Recent 2017 drilling on these Ontario cobalt properties revealed intersections of 21.9% cobalt over 0.36 M and 18.7% cobalt Over 0.15 M at Teledyne, (News Release Jan 18, 2018), plus intersections of 8.42% Cobalt over 0.30 metres on the Glencore Bucke Property (News Release Jan 17, 2018).
FUSE has two 100% wholly owned properties, Glencore Bucke (subject to a back-in provision, production royalty and off-take agreement) and Teledyne (subject to a 2% NSR) Cobalt Properties, located in Cobalt, Ontario.
The Glencore Bucke property is one of Glencore's longstanding Canadian cobalt assets!
Glencore Bucke Property
In 2018, the Glencore Bucke property was acquired from Glencore, a leading integrated commodity producer and trader, operating worldwide with diversified operations comprising around 150 mining and metallurgical, oil production and agricultural assets.
Glencore is one of the world’s largest producers of cobalt as a result of by-products created from its copper assets in the DRC and nickel assets in Australia, Canada and Norway.
The Purchase Agreement included a back-in provision, production royalty and an off-take agreement in favor of Glencore.
Prior to the commencement of Commercial Production, the Purchaser shall enter into an off-take agreement with the Vendor for all ores and/or concentrates produced from the Property and/or the Teledyne Property. The off-take agreement shall be on such terms and conditions as are commercially reasonable and at prevailing market prices.
This means Glencore will have to purchase the cobalt back at top tier prices!
The Glencore Bucke property consists of two patented mining claims totaling approximately 16.2 ha in area located on the west boundary of Fuse’s Teledyne Cobalt Project.
In 1981, Teledyne leased mining claim 585 (“Glencore Bucke Property”) from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of the Cobalt Contact veins on mining claim T43819 that projected southward onto the Property.
In the fall of 2017, Fuse completed 21 diamond drill holes totaling 1,913.50 m at Glencore Bucke in a first phase of drilling designed to confirm and extend the existing known mineralized zones on the property. The program tested the Main Zone for a strike length of approximately 55 m and the Northwest Zone for a strike length of approximately 45 m.
Results were encouraging with a majority of holes hitting cobalt mineralization including 4.45% cobalt over 0.30 metres in hole GB 17-06 and 8.42% cobalt over 0.3 metres in hole GB-17-15 (core lengths only, not true widths.)
In 2018, Fuse completed 24 diamond drill holes totaling 2,559 m in phase II at Glencore Bucke with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in 2017 on the Main and Northwest Zones.
The Phase 2 program also tested several outlying targets with drill hole GB18-41 aimed at testing for mineralization at depth beneath a historical trench which intersected anomalous cobalt mineralization. Cobalt, zinc, silver and copper were present.
Not all holes were released, with holes GB18-31 through to GB18-40 expected in Q2 2020.
Teledyne Property
In the spring of 2018, FUSEF announced that it had earned a 100% interest in the Property with the vendors retaining a 2% (net smelter royalty (NSR).
The Property, located in Bucke and Lorrain Townships, consists of 5 patented mining claims totaling 79.1 ha, and 46 unpatented mining claim cells totaling approximately 705.99 ha. The Property is easily accessible by highway 567 and a well-maintained secondary road.
The property is subject to a production royalty in favor of New Found Gold and an off-take agreement in favor of Glencore Canada Corp.
Again... This means Glencore, the biggest cobalt player in the world, will have to purchase the cobalt back at top tier prices!
Based on historical drilling and data a cobalt resource was developed in the 1980’s however, it is not consistent with current 43-101 standards and will require work to be completed by a QP in order to be brought up to current NI -43-101 resource standards.
As such the Company is not treating the historical reserve estimate as a current mineral resource or mineral reserve. Over $25 million Can has been spent thus far, (2020 dollars inflation-adjusted) on the Teledyne Property resulting in valuable infrastructure including a development ramp and a modern decline going down 500 ft parallel to the vein.
During the fall of 2017, Fuse Cobalt Inc. (TSXV: FUSE | OTC: FUSEF ) had completed 11 diamond drill holes totaling 2,204 m designed to confirm and extend the existing known mineralization along strike, and up and down dip. The program tested the Teledyne Main Zone for a strike length of approximately 220 m. Significant results included TE-1704 with 1.82% cobalt over 6.00 m from 138.00 to 144.00 m, including 5.06% Co over 1.75 m from 141.25 to 143.00 metres (not true widths.)
In the fall of 2018, 9 additional diamond drill holes in Phase 2 drilling were completed totaling 1,713 m at Teledyne with the intent of intersecting mineralized zones along strike and vertically above and below previous intersections reported in 2017. This program also tested several outlying targets including beneath a historical trench with veining present at surface and to intersect the East Zone.
These results are expected to be available in Q2 2020.
We need green energy and cobalt is critical to the renewable energy transition.
The metal has a has a key role in developing renewable energies such as solar power, wind power and biogas.
A global response to deadly air pollution, the world's greenhouse gas emission targets, and energy poverty are just a few reasons the global green energy revolution has momentum. It is the future of our planet.
From the electric vehicle movement to energy storage systems, to our global population staying connected with modern technology, the need for rechargeable lithium-ion batteries and green energy continues to grow.
Cobalt is additionally super-important in the production of batteries for cellphones and electric vehicles.
Cobalt is an essential ingredient in lithium-ion batteries that power millions of plug-in electric cars.
The largest use of cobalt is in portable consumer electronics like cell phones, laptop computers, and tablets, which are also all powered by lithium-ion batteries.
The outlook for cobalt is incredible:
The global cobalt market size is projected to be valued at USD 12.93 billion by 2025, according to a new study by Adroit Market Research.
Powering more of the cars we drive with electricity is one of the keys to reducing greenhouse gas emissions. Shell’s Sky scenario predicts that most new car sales could be electric vehicles by 2050. By 2070 almost all cars could be electric vehicles.
The global demand for cobalt is expected to surge to 200000 mt per year by 2025, according to Eurasian Resources Group ( ERG ).
According to Allied Market Research, the global lithium-ion battery market was valued $36.7 billion in 2019, and is projected to hit $129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027.
Reports surfaced earlier this year that revealed iPhone maker Apple is in talks to procure cobalt, the essential component in smartphone batteries, direct from mining companies.
For tech giant Apple to make such a move signifies an impending supply shortage.
“Apple is a buyer of batteries, not a buyer of battery components, and it’s a number of steps away from the raw materials side. So this is significant — the reason they’re doing it is supply chain visibility,” Simon Moores, managing director of Benchmark Minerals, told CNBC.
Another important component in a lithium-ion battery is lithium.
Lithium prices plummeted in 2019 but production of the battery metal is set to almost triple by 2025 to more than 1.5 million metric tons says S&P Global . (SOURCE)
FUSE announced in July that it has as acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
The property is called Teels Marsh West and is highly prospective for Lithium brines!
It is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine-based Lithium mine supporting lithium production since 1967.
The electric vehicle car revolution is already underway and this could be one of the best times to pay attention to cobalt and lithium stocks such as FUSEF
“Vertical integration between battery manufacturers and auto makers with exploration companies like FUSE appears to be inevitable. We find that global technology companies and global EV automakers themselves are in the best position to facilitate the mining required to supply them with cobalt, lithium, nickel and other input metals from safe jurisdictions. These manufacturers have cash flow and access to financing to fund these exploration operations."
"The world’s largest technology companies like Microsoft (NASDAQ: MSFT ), Apple (NASDAQ: AAPL ), Amazon (NASDAQ: AMZN ), Tesla (NASDAQ: TLSA) and others are very interested in securing a safe and ethical supply of this strategic metal internationally for their global supply chains. Canada is a shining example of this type of safe and ethical mining jurisdiction.”
- Mr. Robert Setter, FUSE President & CEO .
Currently, about 65% of the world’s cobalt is mined in the Democratic Republic of Congo, much of it by hand and employing children and young men.
New cobalt mines outside the DCR, such as Canada, could become the preferred source of ethically-mined cobalt in the medium-term.
It was in 2016 that Darton Commodities projected that battery consumption will account for ~60% of all cobalt demand in 2020, representing a staggering 58% increase in battery demand from 2016 levels.
Cobalt is a critical component in lithium-ion batteries, perhaps even more critical than lithium…
Gates and Bezos wouldn't spend billions backing a Canadian cobalt venture if they didn't think Canada is a hotbed for cobalt...
Tesla CEO Elon Musk has said in the past that he is trying to lessen his dependence on cobalt but striking a huge deal with Glencore to buy cobalt says otherwise.
Tesla has been skyrocketing since 2020 started and hit nearly $1,800 a share before announcing plans for a 5-for-1 stock split. The company has been adding billions of dollars to its market cap as traders continue to see the appeal of electric vehicles and how important it is to remove dirty fossil-fueled cars from the roads .
Being a significant future customer of Glencore could quickly get FUSEF recognized!
Recent months have shown growth in the Canadian markets and we are thrilled to be the one bringing these young, “growth-focused” companies to light.
Technical Analysis
We've done our very own chart analysis and see the potential for a big move from here!
The share structure also seems attractive to those looking for a ticker with tremendous upside potential!
Bullish Indicators:
RSI Bounced Off Long Term Support
Major Moving Averages Rising In Support As Stock Bounces Off Strong Horizontal Support Level .
Possible Cup & Handle Formation
Stochastic Bottomed & In Bullish Reversal
The Bottom Line
FUSEF is a quality Canadian company that is flying under-the-radar at present, yet that could soon change - they seem to be building momentum and catching more eyes.
Now may be the perfect time to take a closer look at FUSEF
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,
$CPMD | #CannaPharmarx - Low-Float #CBD Play w/ Monster Gain Potential
CannaPharmaRX, Inc. (CPMD)
Alert Price: $2.20
Float: 838.27K
CannaPharmaRx, Inc. (CPMD) aims to become a leading licensed cannabis producer in Canada
CannaPharmaRx, Inc. aims to become a leading licensed US Expansion Underway: CannaPharmaRx (CPMD) agrees to acquire California cannabis facility—production expected to exceed 100,000 pounds of cannabis per year. producer in Canada
The global cannabis market has been an extremely appealing investment sector with a revenue of $14.8 billion in 2019 — a robust 46 percent jump from the prior year.
while COVID-19 has had a dampening effect on many industries, the market is still expected to reach $47 billion by 2025, according to analysts at BDSA and Arcview Market Research.
The Canadian pot market, in particular, is poised for exceptional long-term growth. As one of just four nations with legalized pot, Canada is the largest fully legal recreational market in the world.
Combined with the country's roll out of its Cannabis 2.0 legalization of edibles, vapes, infused beverages and other products , Canadian cannabis producers could be a smart pick for investors.
The Canadian marijuana revolution is anticipated and CannaPharmaRx, Inc. (CPMD) is an under-the-radar producer that looks poised to explode.
Cannabis Production Climbing to Keep Up with Demand
Cannabis-related stocks are well below their all-time highs, although many have experienced a bounce along with the recent market recovery.
The legal marijuana industry is still in its early stages and has experienced sporadic growing pains, but the long-term expectation for marijuana is looking bright .
CannaPharmaRx has secured a role in Canada's growing cannabis economy as the focus on increased production intensifies.
IBISWorld estimates that revenue for the cannabis production industry in the country has increased an annualized 116.3 percent over the five years to 2020, reaching an anticipated $3.5 billion in 2020 itself.
CannaPharmaRx (CPMD) is positioned to become a future leader in ultra modern, highly efficient cannabis production facilities in Canada.
CannaPharmaRx, Inc. is focused on the acquisition and development of state-of-the-art cannabis grow facilities located in Canada.
The company owns a 48,500-square-foot cannabis grow facility presently under development and is currently in discussion with other companies regarding potential acquisitions.
CPMD’s business strategy is to become a leader in high-quality and low-cost production of cannabis through the development, acquisition and enhancement of existing facilities.
The company is committed to operating high-quality facilities utilizing the latest technology in combined heat and power generation to ensure being a low-cost producer of cannabis.
"While there has been a fundamental shift in the way many businesses are forced to operate due to these unprecedented circumstances, the need to produce high quality, pharmaceutical-grade medical cannabis in ultra-modern, highly efficient facilities remains constant. We are firmly committed to our unique business model," said Nick Colvin of CannaPharmaRx, Inc.
A Commitment to Quality
CannaPharmaRx, Inc. aims to produce the highest quality wholesale cannabis and hemp in the market in whatever format their business clients need it.
The cannabis sector has been saturated with vertically integrated producers and the company believes vertical integration is a short-sighted approach.
Instead, CannaPharmaRx, Inc. leverages its strengths by combining with other experts in the supply chain to provide the highest quality products to the industry.
With the sole focus of supplying the wholesale market with pharmaceutical grade cannabis, the company does not compete with its clients. It will supply the quality and consistency required as cannabis reaches a larger, more-discerning consumer base.
This will allow the company to meet its clients’ needs and collectively focus on the value that it creates for the consumer.
Entrance into Revenue Growth Phase
CannaPharmaRx, Inc. has entered into a fundamental revenue growth phase via strategic acquisitions and end-product opportunities.
The company is confident the strategy of acquiring complementary businesses and adding value will provide the most efficient path towards significant revenue generation.
"There are many undervalued opportunities that could benefit our business going forward. We believe we are entering a critical business phase that should enable material revenue growth for our company. Our plan is to continue to generate revenue through acquisition while simultaneously remaining active with the existing business within CannaPharmaRx," Colvin said.
"We remain confident with our growth forecast,” he continued. “Our commitment to become one of the top licensed producers in Canada remains our focus and we are excited to expand our vision as we increase revenues and continue acquisitions. The company looks forward to communicating with shareholders as materials events occur in the near term."
CPMD Stevensville Facility
CPMD Facilities
The company’s Hanover facility in Ontario was installed in May 2014 and includes 10 acres of land and a 48,800-square-foot growing space to produce 21,000 pounds (9,600 kilograms) of cannabis annually.
The Stevensville facility in Ontario was acquired in February 2019 and includes 38 acres of land and a 60,000-square-foot growing space to produce 27,500 pounds (12,500 kilograms) of cannabis annually. The site allows for expansion of several additional grow facilities. Production began Q1 2020.
Market Integrity
Among CannaPharmaRx's strengths are:
Access to unique financing to fund growth.
A marketing approach whereby CPMD will wholesale via fixed-price offtake agreements to other licensed producers.
Fixed operating costs achieved through operating agreements with experienced cannabis operators.
Unique construction methodology leading to low-cost production.
Utilization of on-site heat and power plants that support environment initiatives and contribute to low- cost production.
In addition, the company is strengthening its position in the market through a variety of moves:
Begun the process of moving from the Pink Open Market to the OTCQB. The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.
In the process of completing an application to list its common stock on the Canadian Stock Exchange with initial trading anticipated to being during the third quarter of 2020.
Working toward closing the acquisition of the Okanagan Falls project, a 760,000-square-foot glass house located on a 114-acre parcel in southern British Columbia, CA. Once fully built out, the facility has an annual production capacity of 265,000 pounds (120,000 kilograms). As a result of the current pandemic, like many other companies, CannaPharmaRx has experienced certain delays with closing the financing for this acquisition. The company believes those issues have been resolved and expect to close on this investment during the current quarter.
Continues towards its goal of reviewing and researching multiple new acquisition and development opportunities within the area of cultivation and genetics.
Is fully expecting to file its annual report within the SEC's newly allotted time frames and intends to update shareholders periodically.
Expansion Plans
CannaPharmaRx, Inc. is also looking to expand with a new genetics division.
In addition to accurately labeling the varieties of cannabis, genetics is one of the most impactful issues within the current industry.
The importance of genetics cannot be underestimated in creating the desired effects for consumers and patients.
According to an article in Nature, David Kideckel, a cannabis analyst with financial-services company AltaCorp Capital in Toronto, Canada, describes genetic engineering as a “disrupter” that “promises to take a centuries-old agricultural practice into the biotechnology era, with the resulting ripples being felt throughout the cannabis sector worldwide.”
As the cannabis industry progresses, cultivators are increasingly trying to develop new strains through crossbreeding. Genetic modification could enable industrial-scale production of cannabinoids that have pharmaceutical potential. "Different cannabis users are looking for different results within the various strains of cannabis they are utilizing. We are very excited by the prospect of incorporating a genetics division into the company to not only ensure quality control, but also to produce the best possible product,” Colvin said. “These genetics can also help us to develop heartier strains that are able to grow in a shorter time period, thus enabling us to get the end product to the user as quickly and efficiently as possible."
The Bottom Line
Pot stocks could be ready for a major second-half 2020 rebound.
CannaPharmaRx Inc. may start getting recognized by Wall Street for its production facilities and plans in Canada.
According to BNN Bloomberg, for every 1 gram of cannabis priced at $10 in Canada, producers are estimated to profit $3.60. In addition, it is estimated that the private sector will generate close to $1 billion in EBITA with 85 percent coming from production and the rest from retail.
The loosening of government regulations has resulted in strong demand for the cannabis industry. In addition, the passing of the Cannabis Act and Cannabis 2.0 being rolled out in Canada have created a strong opportunity for industry producers such as CannaPharmaRx, Inc.
CannaPharmaRx, Inc. (CPMD) could become one of Canada's biggest and most important companies in the cannabis market and is worth watching at current levels.
By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
$CPMD | #CannaPharmarx - Low-Float #CBD Play w/ Monster Gain Potential
CannaPharmaRX, Inc. (CPMD)
Alert Price: $2.20
Float: 838.27K
CannaPharmaRx, Inc. (CPMD) aims to become a leading licensed cannabis producer in Canada
CannaPharmaRx, Inc. aims to become a leading licensed US Expansion Underway: CannaPharmaRx (CPMD) agrees to acquire California cannabis facility—production expected to exceed 100,000 pounds of cannabis per year. producer in Canada
The global cannabis market has been an extremely appealing investment sector with a revenue of $14.8 billion in 2019 — a robust 46 percent jump from the prior year.
while COVID-19 has had a dampening effect on many industries, the market is still expected to reach $47 billion by 2025, according to analysts at BDSA and Arcview Market Research.
The Canadian pot market, in particular, is poised for exceptional long-term growth. As one of just four nations with legalized pot, Canada is the largest fully legal recreational market in the world.
Combined with the country's roll out of its Cannabis 2.0 legalization of edibles, vapes, infused beverages and other products , Canadian cannabis producers could be a smart pick for investors.
The Canadian marijuana revolution is anticipated and CannaPharmaRx, Inc. (CPMD) is an under-the-radar producer that looks poised to explode.
Cannabis Production Climbing to Keep Up with Demand
Cannabis-related stocks are well below their all-time highs, although many have experienced a bounce along with the recent market recovery.
The legal marijuana industry is still in its early stages and has experienced sporadic growing pains, but the long-term expectation for marijuana is looking bright .
CannaPharmaRx has secured a role in Canada's growing cannabis economy as the focus on increased production intensifies.
IBISWorld estimates that revenue for the cannabis production industry in the country has increased an annualized 116.3 percent over the five years to 2020, reaching an anticipated $3.5 billion in 2020 itself.
CannaPharmaRx (CPMD) is positioned to become a future leader in ultra modern, highly efficient cannabis production facilities in Canada.
CannaPharmaRx, Inc. is focused on the acquisition and development of state-of-the-art cannabis grow facilities located in Canada.
The company owns a 48,500-square-foot cannabis grow facility presently under development and is currently in discussion with other companies regarding potential acquisitions.
CPMD’s business strategy is to become a leader in high-quality and low-cost production of cannabis through the development, acquisition and enhancement of existing facilities.
The company is committed to operating high-quality facilities utilizing the latest technology in combined heat and power generation to ensure being a low-cost producer of cannabis.
"While there has been a fundamental shift in the way many businesses are forced to operate due to these unprecedented circumstances, the need to produce high quality, pharmaceutical-grade medical cannabis in ultra-modern, highly efficient facilities remains constant. We are firmly committed to our unique business model," said Nick Colvin of CannaPharmaRx, Inc.
A Commitment to Quality
CannaPharmaRx, Inc. aims to produce the highest quality wholesale cannabis and hemp in the market in whatever format their business clients need it.
The cannabis sector has been saturated with vertically integrated producers and the company believes vertical integration is a short-sighted approach.
Instead, CannaPharmaRx, Inc. leverages its strengths by combining with other experts in the supply chain to provide the highest quality products to the industry.
With the sole focus of supplying the wholesale market with pharmaceutical grade cannabis, the company does not compete with its clients. It will supply the quality and consistency required as cannabis reaches a larger, more-discerning consumer base.
This will allow the company to meet its clients’ needs and collectively focus on the value that it creates for the consumer.
Entrance into Revenue Growth Phase
CannaPharmaRx, Inc. has entered into a fundamental revenue growth phase via strategic acquisitions and end-product opportunities.
The company is confident the strategy of acquiring complementary businesses and adding value will provide the most efficient path towards significant revenue generation.
"There are many undervalued opportunities that could benefit our business going forward. We believe we are entering a critical business phase that should enable material revenue growth for our company. Our plan is to continue to generate revenue through acquisition while simultaneously remaining active with the existing business within CannaPharmaRx," Colvin said.
"We remain confident with our growth forecast,” he continued. “Our commitment to become one of the top licensed producers in Canada remains our focus and we are excited to expand our vision as we increase revenues and continue acquisitions. The company looks forward to communicating with shareholders as materials events occur in the near term."
CPMD Stevensville Facility
CPMD Facilities
The company’s Hanover facility in Ontario was installed in May 2014 and includes 10 acres of land and a 48,800-square-foot growing space to produce 21,000 pounds (9,600 kilograms) of cannabis annually.
The Stevensville facility in Ontario was acquired in February 2019 and includes 38 acres of land and a 60,000-square-foot growing space to produce 27,500 pounds (12,500 kilograms) of cannabis annually. The site allows for expansion of several additional grow facilities. Production began Q1 2020.
Market Integrity
Among CannaPharmaRx's strengths are:
Access to unique financing to fund growth.
A marketing approach whereby CPMD will wholesale via fixed-price offtake agreements to other licensed producers.
Fixed operating costs achieved through operating agreements with experienced cannabis operators.
Unique construction methodology leading to low-cost production.
Utilization of on-site heat and power plants that support environment initiatives and contribute to low- cost production.
In addition, the company is strengthening its position in the market through a variety of moves:
Begun the process of moving from the Pink Open Market to the OTCQB. The OTCQB Venture Market is for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.
In the process of completing an application to list its common stock on the Canadian Stock Exchange with initial trading anticipated to being during the third quarter of 2020.
Working toward closing the acquisition of the Okanagan Falls project, a 760,000-square-foot glass house located on a 114-acre parcel in southern British Columbia, CA. Once fully built out, the facility has an annual production capacity of 265,000 pounds (120,000 kilograms). As a result of the current pandemic, like many other companies, CannaPharmaRx has experienced certain delays with closing the financing for this acquisition. The company believes those issues have been resolved and expect to close on this investment during the current quarter.
Continues towards its goal of reviewing and researching multiple new acquisition and development opportunities within the area of cultivation and genetics.
Is fully expecting to file its annual report within the SEC's newly allotted time frames and intends to update shareholders periodically.
Expansion Plans
CannaPharmaRx, Inc. is also looking to expand with a new genetics division.
In addition to accurately labeling the varieties of cannabis, genetics is one of the most impactful issues within the current industry.
The importance of genetics cannot be underestimated in creating the desired effects for consumers and patients.
According to an article in Nature, David Kideckel, a cannabis analyst with financial-services company AltaCorp Capital in Toronto, Canada, describes genetic engineering as a “disrupter” that “promises to take a centuries-old agricultural practice into the biotechnology era, with the resulting ripples being felt throughout the cannabis sector worldwide.”
As the cannabis industry progresses, cultivators are increasingly trying to develop new strains through crossbreeding. Genetic modification could enable industrial-scale production of cannabinoids that have pharmaceutical potential. "Different cannabis users are looking for different results within the various strains of cannabis they are utilizing. We are very excited by the prospect of incorporating a genetics division into the company to not only ensure quality control, but also to produce the best possible product,” Colvin said. “These genetics can also help us to develop heartier strains that are able to grow in a shorter time period, thus enabling us to get the end product to the user as quickly and efficiently as possible."
The Bottom Line
Pot stocks could be ready for a major second-half 2020 rebound.
CannaPharmaRx Inc. may start getting recognized by Wall Street for its production facilities and plans in Canada.
According to BNN Bloomberg, for every 1 gram of cannabis priced at $10 in Canada, producers are estimated to profit $3.60. In addition, it is estimated that the private sector will generate close to $1 billion in EBITA with 85 percent coming from production and the rest from retail.
The loosening of government regulations has resulted in strong demand for the cannabis industry. In addition, the passing of the Cannabis Act and Cannabis 2.0 being rolled out in Canada have created a strong opportunity for industry producers such as CannaPharmaRx, Inc.
CannaPharmaRx, Inc. (CPMD) could become one of Canada's biggest and most important companies in the cannabis market and is worth watching at current levels.
By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
$GRWG | #GrowGeneration $12.00 Target
GrowGeneration Corp . engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Denver, CO.
$GRWG | #GrowGeneration $12.00 Target
GrowGeneration Corp . engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Denver, CO.
$HTBX | #HeatBiologics, Inc. Reversal Targets
Heat Biologics , Inc. is a clinical stage company, which engages in the development of immunotherapies designed to activate and expand a patient's T-cell mediated immune system against cancer. The company's T-cell activating platform (TCAP) produces therapies designed to turn immunologically cold tumors to hot, and be administered in combination with checkpoint inhibitors and other immuno-modulators to increase clinical effectiveness. Its TCAP product candidates from the company's ImPACT and ComPACT platforms are produced from allogeneic cell lines expressing tumor-specific proteins common among cancers. The company was founded by Jeffrey Alan Wolf on June 10, 2008 and is headquartered in Morrisville, NC .
$HTBX | #HeatBiologics, Inc. Reversal Targets
Heat Biologics , Inc. is a clinical stage company, which engages in the development of immunotherapies designed to activate and expand a patient's T-cell mediated immune system against cancer. The company's T-cell activating platform (TCAP) produces therapies designed to turn immunologically cold tumors to hot, and be administered in combination with checkpoint inhibitors and other immuno-modulators to increase clinical effectiveness. Its TCAP product candidates from the company's ImPACT and ComPACT platforms are produced from allogeneic cell lines expressing tumor-specific proteins common among cancers. The company was founded by Jeffrey Alan Wolf on June 10, 2008 and is headquartered in Morrisville, NC .
$CCO | #ClearChannel Outdoor Holding 20% Upside
Clear Channel Outdoor Holdings, Inc. provides outdoor advertising solutions. It operates through Americas Outdoor Advertising and International Outdoor Advertising segments. The Americas Outdoor Advertising segment consists of operations primarily in the U.S. The International Outdoor Advertising segment consists of operations primarily in Europe, Asia and Latin America. The firm products include billboards, street furniture and transit advertising in traditional and digital formats. The company was founded in 1995 and is headquartered in San Antonio, TX .
$CCO | #ClearChannel Outdoor Holding 20% Upside
Clear Channel Outdoor Holdings, Inc. provides outdoor advertising solutions. It operates through Americas Outdoor Advertising and International Outdoor Advertising segments. The Americas Outdoor Advertising segment consists of operations primarily in the U.S. The International Outdoor Advertising segment consists of operations primarily in Europe, Asia and Latin America. The firm products include billboards, street furniture and transit advertising in traditional and digital formats. The company was founded in 1995 and is headquartered in San Antonio, TX .
$Riot | #RiotBlockchain, Inc. On Watch List for Channel Break
Riot Blockchain , Inc. engages in the provision of investment services to the blockchain ecosystem as well as manufacturing in-vitro substances. Its portfolio includes Verady, Coinsquare, and Tesspay. The company was founded on July 24, 2000 and is headquartered in Castle Rock, CO.