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$MRNA | #Moderna At Critical Support Level
Stocks decline has been painful for bag holders recently and the current level is in the MUST HOLD category.
- Fibonacci GP is strong support
- There is also a volume shelf to help hold the decline
The loss of the 50ma is negative and the 100 ma is well below at $60.00
Not ready to jump in yet, wise to wait for indicators to signal a reversal or bottoming
$MRNA | #Moderna At Critical Support Level
Stocks decline has been painful for bag holders recently and the current level is in the MUST HOLD category.
- Fibonacci GP is strong support
- There is also a volume shelf to help hold the decline
The loss of the 50ma is negative and the 100 ma is well below at $60.00
Not ready to jump in yet, wise to wait for indicators to signal a reversal or bottoming
$LDDAF - Low-Float IPO Style Gold Mining Breakout Play $LIDA (LONG)
Lida Resources Inc. (LDDAF)
Canada: (CSE: LIDA)
Alert Price: $0.1625
Float: 45.872M
Recently, Warren Buffett, the CEO of Berkshire Hathaway Inc . BRK.B , disclosed his quarterly (April-June) 13F filings with the Securities and Exchange Commission.
The portfolio of the legendary investor shows stocks being shuffled. Interest in airline stocks, petroleum companies, restaurant chain and media stocks were cut and stakes were added in supermarket, energy, REIT stocks.
The most intriguing changes to this investment portfolio are the reduction in bank stakes and financial transaction services stocks and a new investment in gold mining stocks.
Buffett indirectly took a shine to gold despite being staunchly against parking his money on it as the yellow metal is considered of low productive value. But the surge in gold price is likely to generate high returns on the gold mining stocks.
One of the most attractive mining stocks in the market right now is Lida Resources Inc. (LDDAF)
The Company Could Skyrocket, as its CEO is a Mining Pioneer who was Once Chairman of a Company that Sold for $500M!
This Canadian mining player only recently started trading on the CSE and has assets exploring gold , silver , lead, and zinc in one of the most prolific countries to mine in: Peru.
Within Latin America, Peru has, perhaps, the greatest untapped potential for new discoveries and production!
Gold and gold related stocks may be the best opportunities around right now...
Many are turning to gold as a safe haven in 2020, due to the global uncertainty surrounding the economy amid the coronavirus pandemic.
This year gold has been on fire!
At $2,052 in the early hours of August 5th, gold had already climbed 35% this year!
In July the metal saw its best monthly gain in YEARS! The 10.3% gain in July marked the best monthly rise since February of 2016, according to FactSet data.
In fact, Gold is — and always has been — the world’s favorite safe-haven. This goes back thousands of years...
Whether there is economic or political upset, war, times of uncertainty, it is usually the precious yellow metal that comes out ahead as #1. The metal's long-term track record has been nothing short of incredible.
As gold prices breached $2,000 an ounce and may continue to march higher, one analyst sees momentum continuing all the way to $2,500 by the time 2020 ends.
E.B. Tucker, director of Metalla Royalty and Streaming and author of “Why Gold , Why Now? The War Against Your Wealth and How to Win It?” said that this current bull rally still has more momentum.
“Normally I would say but what I’m seeing in the daily action is that gold is rising in a very measured way and is not meeting much resistance, so when that’s happening you just step out of the way and let it go, that’s what you do,” Tucker said.
This is the same analyst who correctly called that gold would go to $2,000!
Gold has so far outperformed ALL major assets in 2020.... and the current environment could support gold rising even further...
There may be no better time to pay attention to gold and the companies in the arena than right now when you consider the raging global health crisis, heightened political tension, and economic collapse all bubbling together.
Bank of America forecasted in April that prices could almost double to $3,000 by the end of 2020!
Paul Singer's New-York based Elliott Management, which manages about $40 billion in assets, regarded gold as "one of the most undervalued" assets available earlier this year.
Lida Resources Inc. (LDDAF) may soon gain major recognition being led by a mining genius who was involved with the sale of Norsemont's Constancia Mine to Hudbay for roughly HALF A BILLION DOLLARS!
Lida Resources Inc. (LDDAF) only recently closed its IPO and listing onto the Canadian Securities Exchange which means not too many people may know about the company yet!
This could be to your advantage...
CEO Mr. Leonardo De Melt stated, "I am very pleased to announce the successful completion of our IPO on the CSE and I would like to take this opportunity to thank our existing shareholders for their continuing support and to welcome our new shareholders; this is an exciting and critical phase in the development of our business. The management team and I will now focus on progressing stage one of our two phase exploration program of the San Vincente property.
Peruvian miners are set to restart operations in coming days and ramp up to around 80% of normal production levels within a month according to senior official at the country’s mining industry group who spoke to Reuters back in May.
Miners in the country were currently operating at between 35% and 40% of capacity due to the impact of the coronavirus pandemic.
“We are talking about 39 operations by 22 large mining companies,” De la Flor told Reuters. "These represent approximately 95% of (local) copper production, 65% of silver production, 62% of zinc production and 26% of gold production."
Major global miners including Aluminum Corp of China (601600.SS), MMG Ltd (1208. HK ), Freeport-McMoRan ( FCX .N), Newmont Corp ( NEM .N), Barrick Gold ( ABX .TO) and Southern Copper ( SCCO .N) operate in Peru among others.
Lida Resources Inc. (LDDAF) looks poised to become a notable player with its Peruvian assets and at these share prices, looks heavily under the radar!
There could be significant upside ahead for Lida Resources Inc. (LDDAF) as the stock looks to be a golden ground-floor situation right now!
About the Company:
Lida Resources Inc. (LDDAF) is a Canadian mineral exploration and development company, focused on advancing the San Vincent deposit located a short drive from Trujillo, Peru.
The Company also owns the Fruta del Sur deposit, with the potential to be one of Peru’s most prolific mines!
Lida Resources Inc. (LDDAF) acquires properties by staking initial mineral claims, negotiating for permits from government authorities, acquiring mineral claims or permits from existing holders, entering into option agreements to acquire interests in mineral claims or purchasing companies with mineral claims or permits.
On these properties, the corporation explores for minerals on its own or in joint ventures with others. Exploration for metals usually includes surface sampling, airborne and/or ground geophysical surveys and drilling.
Lida Resources Inc. (LDDAF)'s mission is to identify, develop and enhance shareholder value through:
Acquiring, exploring and developing quality mineral properties, initially in Peru.
Engaging an experienced, professional team.
Applying rigorous capital discipline.
Practicing good corporate citizenship.
The Company is not limited to any particular metal or region, but the corporate focus is on precious and base metals in South America, specifically Peru.
A Proven Leader On Board
Lida Resources Inc. (LDDAF) is a De Melt Group Company. Leonard De Melt is the third generation of De Melt miners and is the CEO and president of the company.
Why is his role with the company significant?
He is one of the most respected and youngest mine managers in Canada!
He was the youngest mine manager of Canadian mine: McIntyre's Smokey River Coal.
The Yellowknife Con Mine was staked by Mr. De Melt's grandfather in 1935. He was born at the Con Mine in the first aid shack. DeMelt Cresent in Yellowknife Northwest Territories Canada is named in his Family’s honor.
Living in Lima, Peru, Mr. De Melt is an engineering technologist and a graduate of the Haileybury School of Mines. He also holds a bachelor of arts degree in business and economics and a diploma of mechanical studies from the British Columbia Institute of Technology.
He has held management positions with 12 mining companies internationally and was instrumental in starting and building six mines, including:
Gulf Oil's Rabbit Lake mine (uranium)
Syncrude mine ( oil sands)
Denison Mines' Quintette (coal)
Homestake's Golden Bear mine ( gold )
BHP's Ekati mine (diamonds)
Goldust's Croiner mine ( gold )
He has also served as a director of the mining companies Norsemont Resources Inc. and Vena Resources Inc.
Norsemont's Constancia Mine, sold to Hudbay for about $500 million!
San Vicente Property
Lida Resources Inc. (LDDAF) has a 100% stake in the San Vicente property in the Alto Chicama Mining District of Trujillo, Peru.
The development metals and minerals are:Lead, Silver , and Zinc
The San Vicente Property is located approximately 120 kilometres east of the coastal city of Trujillo, Peru in the district of Agallpampa, Province of Otuzco in the department of La Libertad.
Access to the Property is 70 kilometres by paved road to the community of Otuzco and then a combination of gravel and clay roads to Chota where the Property is located.
Otuzco and the community of San Vicente Bajo La Union, which is in close proximity to the property, are capable of providing basic services and amenities in the support of mineral exploration activities.
The Property is located in the occidental part of the Tertiary Volcanic Belt of the Western Cordillera and is underlain by rocks of the Calipuy Formation, a precious and base metals metallotects formation found in Peru. The Calipuy Formationis the product of post tectonic volcanism in the Cordillera region.
It represents the effusive magmatism that followed the final emplacement of the Costal Batholith. At the San Vicente Property, the Calipuy Formation consists of andesite as a massive greenish grey fine to intermediate grained rock with local millimetric sized feldspathic phenocrystals and Andesite tuff which is greenish grey to purple in color with a fine grained matrix.
Lida Resources Inc. (LDDAF) has an agreement in place with the local community ( San Vicente Bajo La Union) for surface rights of 2,500 metres surrounding the mine opening.
The agreement gives Lida a permit for surface use for a period of 20 years. The rest of the surface rights are held by the communities of San Vicente Bajo La Union and San Vicente Alto La Union.
The majority of the ground in the Concession is controlled by San Vicente Bajo La Union. The company is in discussions to obtain further surface rights from the community of San Vicente Bajo La Union so that a new mine access can be forged approximately 80 metres below the current level.
Accessibility, Climate, Local Resources, Infrastructure and Physiography
The San Vicente Property is situated in the upper part of the Moche river basin at altitudes that vary between 3,100 metres to 3,400 metres above sea level. The topography consists of moderate relief, ranging from hilly to flat. The slopes are typically covered with small brush and grasses which constitute natural pasture. Trees (predominantly eucalyptus) can be found growing in all areas and vegetables are grown through subsistence farming.
From Trujillo, the Property is accessed via the districts of Laredo, Samne and Agallpampa to the town of Chota. From Chota, an unpaved two kilometre long road leads to the Property. It takes approximately two hours to travel from Trujillo to the Property.
Access to the San Vicente Property is considered good along the paved road that leads to Otuzco; however, after Otuzco the road is of poor quality.
The Property is located in a moderately populated area where small villages are scattered within the landscape.
As the San Vicente Property is situated approximately 10,000 feet above sea level, crops are restricted to potatoes, vegetables and some cereals. Climatically, the region is characterized by dry and cold temperatures between May to October while from November to April, the climate is warmer with frequent rain. Exploration and surface activities can get disrupted during the rainy season.
There is 220 volts of electricity installed at the Property. Larger voltage installations power other projects in the area and could be extended to the San Vicente Property mine when and if necessary. Water is readily available all year around from streams that run through the Property. However, to date this water has not been used in the extraction process.
The closest big players and mines to the project area are:
Quiruvilca - a very large mine with narrow veins that tend to have extensive lateral and vertical continuity within various structure types.
Barricks' Luganas Norte - a world class high sulfide mine. In 2010, the mine produced 808k ounces of gold at total cash costs of $182 per ounce. The proven and probably gold reserves were then 6.6 million ounces!
Trinity Mining Holding AG - another interesting area close to the property is the Caupar project. Recoveries of gold and silver , as demonstrated by bottle roll tests conducted by Kappes, Cassiday & Associates, are high: more than than 80% for gold and in the range of 65% for silver (when above 10 g/t in content). The Caupar property covers an area of 3,000 hectares and tying on to it are properties owned by Barrick and Goldfield .
Mineralization
Various areas of mineralization exist within the Concession. The main mineralized areas identified to date are comprised of a series of closely spaced narrow veins that strike Northeast-Southwest.
These veins have been mined along the strike for approximately 75 metres on the 100 level of the mine and the veins can be traced intermittently on the surface over a total distance of 825 metres.
Of all the mineralized structures identified at the San Vicente Property to date, only three are described in detail within the Technical Report, these are the mineralized structures that have been cut with exploration drives in the mine.
The three structures are: (i) MZ1; (ii) MZ2; and MZ3. The three mineralized structures are located within a plagioclase porphyritic sub-volcanic andesite member of the Tertiary Lower Calipuy Group of volcanic rocks. MZ4 was encountered in January of 2011 and is also described in this section as it appears to be gold bearing, unlike the other base metal veins.
The Property is located within a well known Miocene Oligocene epithermal silver and gold metallogenic belt in Northern Peru. The Yanacocha, Lagunas Norte andQuiruyilca mines are world class deposits located within this belt. Based on the current geological knowledge of the San Vicente Property, the mineralization fits the igneous hosted poly metallic veins of silver , lead, zinc and gold deposit types.
Recent Developments
In June, Lida Resources Inc. (LDDAF) announced that it had entered into two agreements to acquire 400 hectares which encompass the Quiruvilca mine. While several million has been spent on this property, the total acquisition cost to the Company was $200,000 with no further obligations.
The mine is located at an elevation of 3,800 meters in the Andes Mountains of Northern Peru, approximately 80 miles inland from the coastal city of Trujillo, Peru in the district of Agallpampa, Province of Otuzco.
The Property is located in the occidental part of the Tertiary Volcanic Belt of the Western Cordillera and is underlain by rocks of the Calipuy Formation, a precious and base metals metallotects formation found in Peru. The Calipuy Formation is the product of post tectonic volcanism in the Cordillera region.
Quiruvilca Mine
Quiruvilca is one of Peru's oldest mines with mineralization first reported in the area in 1789.
Mining at a corporate level started in 1907 and more or less until 1930 or so. The Quiruvilca Mine has been in continuous operation since about 1940 until 2018 and was initially, focused on the silver bearing veins on the property. In 1967, the mill started to treat complex ores producing silver , lead and zinc concentrate. In 1995, Pan American acquired an 80% interest in the Quiruvilca Mine and increased their interest to 99.7% by 1996.
The workings are extensive, spread out over a wide area, in many veins. Currently, grades run at about 150 g/t silver , 4% zinc, 1.5% lead and 0.5% copper . Stoping has taken place in, reportedly, 60 places. Considering the 1,725 tons/per/day that the mine can process, that is a lot of small stopes! The underground working places are accessed by several adits/ramps and one shaft. Ore is moved to surface, primarily, by one long conveyor belt system but also supplemented by rail movement from ore passes plus skip-hoisted ore.
The Quiruvilca deposits are in layered volcanic rocks of the Miocene Calipuy Formation which includes andesite and minor basalt flows. The Calipuy formations have an estimated thickness in excess of 2,000m. Intrusive rocks include andesite stocks and dykes. The ore zones have four distinct zones. Ores in the central part of the district are mesothermal and are dominated by enargite.
The mesothermal deposits grade outward to the epithermal deposits. Lewis (1956) described the various zones in some detail. The inner zone is called the Enargite Zone and, in the past, encompassed the major part of the Quiruvilca Mine.
Little mining is done in that zone today. Minerals associated with the enargite in this zone are pyrite tennantite, wurtzite, sphalerite, chalcopyrite, orpiment, galena and rare hutcinsonite. The second zone outwards is the Transition Zone which is up to 1,400m wide.
Its dominant ore mineral is sphalerite with pyrite and tennatite-tetrahedrite. Other sulphides include chalcopyrite, galena, marcasite, arsenopyrite, covellite and wurtzite. Gangue minerals are mostly massive quartz and occasional rhodochrosite and calcite. The third zone outward is the epithermal Lead-Zinc Zone characterized by sphalerite and galena accompanied by pyrite, chalcopyrite, tetrahedrite-tennantite, marcasite, arsenopyrite and gratonite. Gangue minerals in the lead zinc zone are quartz, dolomite, rhodochrosite and calcite.
The outermost zone is the Stibnite zone. In addition to stibnite, the other minerals there are arsenopyrite, pyrite, sphalerite, galena, chalcopyrite and arsenic.
Leonard De Melt, CEO of Lida stated:
"This transaction is an important consolidation of land in an important part of Peru. The San Vicente mine was in production of gold and silver concentrate until 2011. The Quiruvilca Mine is only 6 miles away from the Company's San Vincente Property and we feel that mineralized zones connect the two properties. I feel that the large near massive sulphide copper rich zone near the bottom of the Quiruvilca mine has excellent potential and I believe this structure had a 2.5km potential that had only a few drill holes into it. I believe this combined project would potentially make an excellent exploration/ resource build project that could return to mining with some key investment and management. Our goal is the completely change the mining methodology. The 2.5km gold / copper sulfides zone requires infill drilling to prove out tonnage. Our objective is to change from a vein type silver mine profile to a high tonnage gold / copper mine profile."
Lida Resources Inc. (LDDAF) also announced in July that it has staked 2,500 hectares in the vicinity of its San Vincente Property and the recently acquired Quiruvilca Mine Property.
The Company's San Vincente Property, Quiruvilca Mine Property and additional ground (the "Property") are all located in the Quiruvilca District, Santiago de Chuco Province, La Libertad, Peru.
"We are very pleased to pick up additional ground in this area. This is a very prolific gold / silver / copper property. We are adjacent to the Barrick Gold Lagunas Norte mine. We want to consolidate our land position in the vicinity of Quiravila Mine. Our objective is to change from a vein type silver mine profile to a high tonnage gold / copper mine profile", stated Len De Melt, CEO .
At the peak during its initial 80-year mine life the Quiruvilca Mine was mining the narrow veins at 3,000 tons per day. The mine was mining at 1,000 tons per day when it closed down!
Management Team
Leonard ( Len ) De Melt, age: 73, Director, President and Chief Executive Officer (full time; employee)
Mr. De Melt is an engineering graduate of the Haileybury School of Mines and also holds a Bachelor of Arts degree in business and economics. He has held management positions with 12 mining companies internationally. Mr. De Melt has nearly 30 years of project management and mine development experience to the Corporation.
Geoffrey Balderson, age: 42, Director and Chief Financial Officer
Mr. Balderson is the President of Harmony Corporate Services Ltd., a company that provides corporate, secretarial, bookkeeping, accounting and filing services to public companies or companies that are working on going public. In addition, Mr. Balderson has been an officer and director of several TSX Venture Exchange listed companies over the past 12 years. Prior to that he was an investment advisor at Union Securities and Georgia Pacific Securities Corp. Mr. Balderson holds a Sales and Marketing Diploma from the Sauder School of Business at the University of British Columbia. Mr. Balderson completed the Canadian Securities Course in 2000 and the Professional Financial Planners Course in 2003 both through the Canadian Securities Institute.
Andrew von Kursell, age: 83, Director
Mr. von Kursell has been involved in mining operations in Chile, Peru, Bolivia, Ecuador, Uganda and China. Mr. von Kursell is a Professional Engineer, registered in BC , Ontario, Life Member in Nova Scotia and retired in Yukon. He earned a Bachelor of Mining Engineering degree from McGill University in 1963.
Patrick Morris, age: 51, Director
Mr. Morris is an entrepreneur and capital markets executive with over 15 years of experience. In addition, Mr. Morris co-created and co-produced Canada's first nationally syndicated radio show about growth stock opportunities, which was broadcast on 14 of the top-rated news talk stations across Canada. Prior to entering the capital markets, Mr. Morris had five years of experience in wine and spirits importing, sales, and portfolio management.
Erick Underwood, age: 51, Director
Mr. Underwood has over 25 years of experience in corporate development, business planning and analysis, treasury and accounting for the mining industry including 14 years while being based in Chile and Peru. Mr. Underwood holds a CPA , CMA professional designation from CPA Ontario. Mr. Underwood holds an MBA from the Rotman School of Management of University of Toronto, a Graduate Diploma in Management from McGill University and a B. Comm . (Finance & International Business) from McGill University. He has successfully completed all the requirements for the CPA-CMA designation and will become a Certified Management Accountant in Ontario, Canada in 2014.
The Bottom Line
Lida Resources Inc. (LDDAF) is fresh to the scene on the Canadian Stock Exchange and may soon be catching major attention with its mining endeavors in Peru!
With a CEO leading the way who has been a part of a mine sale at $500 million, anything could be possible here….
Gold , silver , zinc, and lead are all expected to head higher as the level of uncertainty related to the coronavirus is unprecedented.
With gold exploding, looking at junior gold explorers may be next best thing next to owning physical gold .
Last year gold's price soared nearly 20%, making it the best year for the precious metal in a decade. This year, the metal is up way past that, and the year isn't even over!
The price of gold has traded to fresh yearly highs during every single month so far this year!
The COVID-19 pandemic is having a devastating effect on the global economy and with so much uncertainty, investors are embracing the precious metal as a key portfolio hedging strategy.
"The upward momentum in gold and silver is still fairly solid at this stage because there's a lack of interest in other asset classes; many factors of the economy are still struggling," Bank of China International analyst Xiao Fu recently said.
Gold is often looked at as a safe haven many think the metal will head a lot higher. The metal thrives in an uncertain atmosphere and with this year also being an election year, the sky could be the limit.
One grand prediction comes from Frank Holmes, the CEO of US Global Investors, who believes gold's true value is as high as $10,000!
The biggest gold enthusiast in Canada is the legendary mining billionaire Eric Sprott who is known for his interest in junior gold miners. Sprott believes these companies could be on the verge of striking the motherlode!
He has said that gold equities are "the investment opportunity of lifetime,” adding that he fully expects gold to almost double in value in the next year.
With an economic recession, metals may be a safe haven for months to come and mining companies such as Lida Resources Inc. (LDDAF) could be hitting the spotlight!
Lida Resources Inc. (LDDAF) could become one of the next big mining players and may be at ground-floor entrance levels right now!!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.)
$LDDAF - Low-Float IPO Style Gold Mining Breakout Play $LIDA (LONG)
Lida Resources Inc. (LDDAF)
Canada: (CSE: LIDA)
Alert Price: $0.1625
Float: 45.872M
Recently, Warren Buffett, the CEO of Berkshire Hathaway Inc . BRK.B , disclosed his quarterly (April-June) 13F filings with the Securities and Exchange Commission.
The portfolio of the legendary investor shows stocks being shuffled. Interest in airline stocks, petroleum companies, restaurant chain and media stocks were cut and stakes were added in supermarket, energy, REIT stocks.
The most intriguing changes to this investment portfolio are the reduction in bank stakes and financial transaction services stocks and a new investment in gold mining stocks.
Buffett indirectly took a shine to gold despite being staunchly against parking his money on it as the yellow metal is considered of low productive value. But the surge in gold price is likely to generate high returns on the gold mining stocks.
One of the most attractive mining stocks in the market right now is Lida Resources Inc. (LDDAF)
The Company Could Skyrocket, as its CEO is a Mining Pioneer who was Once Chairman of a Company that Sold for $500M!
This Canadian mining player only recently started trading on the CSE and has assets exploring gold , silver , lead, and zinc in one of the most prolific countries to mine in: Peru.
Within Latin America, Peru has, perhaps, the greatest untapped potential for new discoveries and production!
Gold and gold related stocks may be the best opportunities around right now...
Many are turning to gold as a safe haven in 2020, due to the global uncertainty surrounding the economy amid the coronavirus pandemic.
This year gold has been on fire!
At $2,052 in the early hours of August 5th, gold had already climbed 35% this year!
In July the metal saw its best monthly gain in YEARS! The 10.3% gain in July marked the best monthly rise since February of 2016, according to FactSet data.
In fact, Gold is — and always has been — the world’s favorite safe-haven. This goes back thousands of years...
Whether there is economic or political upset, war, times of uncertainty, it is usually the precious yellow metal that comes out ahead as #1. The metal's long-term track record has been nothing short of incredible.
As gold prices breached $2,000 an ounce and may continue to march higher, one analyst sees momentum continuing all the way to $2,500 by the time 2020 ends.
E.B. Tucker, director of Metalla Royalty and Streaming and author of “Why Gold , Why Now? The War Against Your Wealth and How to Win It?” said that this current bull rally still has more momentum.
“Normally I would say but what I’m seeing in the daily action is that gold is rising in a very measured way and is not meeting much resistance, so when that’s happening you just step out of the way and let it go, that’s what you do,” Tucker said.
This is the same analyst who correctly called that gold would go to $2,000!
Gold has so far outperformed ALL major assets in 2020.... and the current environment could support gold rising even further...
There may be no better time to pay attention to gold and the companies in the arena than right now when you consider the raging global health crisis, heightened political tension, and economic collapse all bubbling together.
Bank of America forecasted in April that prices could almost double to $3,000 by the end of 2020!
Paul Singer's New-York based Elliott Management, which manages about $40 billion in assets, regarded gold as "one of the most undervalued" assets available earlier this year.
Lida Resources Inc. (LDDAF) may soon gain major recognition being led by a mining genius who was involved with the sale of Norsemont's Constancia Mine to Hudbay for roughly HALF A BILLION DOLLARS!
Lida Resources Inc. (LDDAF) only recently closed its IPO and listing onto the Canadian Securities Exchange which means not too many people may know about the company yet!
This could be to your advantage...
CEO Mr. Leonardo De Melt stated, "I am very pleased to announce the successful completion of our IPO on the CSE and I would like to take this opportunity to thank our existing shareholders for their continuing support and to welcome our new shareholders; this is an exciting and critical phase in the development of our business. The management team and I will now focus on progressing stage one of our two phase exploration program of the San Vincente property.
Peruvian miners are set to restart operations in coming days and ramp up to around 80% of normal production levels within a month according to senior official at the country’s mining industry group who spoke to Reuters back in May.
Miners in the country were currently operating at between 35% and 40% of capacity due to the impact of the coronavirus pandemic.
“We are talking about 39 operations by 22 large mining companies,” De la Flor told Reuters. "These represent approximately 95% of (local) copper production, 65% of silver production, 62% of zinc production and 26% of gold production."
Major global miners including Aluminum Corp of China (601600.SS), MMG Ltd (1208. HK ), Freeport-McMoRan ( FCX .N), Newmont Corp ( NEM .N), Barrick Gold ( ABX .TO) and Southern Copper ( SCCO .N) operate in Peru among others.
Lida Resources Inc. (LDDAF) looks poised to become a notable player with its Peruvian assets and at these share prices, looks heavily under the radar!
There could be significant upside ahead for Lida Resources Inc. (LDDAF) as the stock looks to be a golden ground-floor situation right now!
About the Company:
Lida Resources Inc. (LDDAF) is a Canadian mineral exploration and development company, focused on advancing the San Vincent deposit located a short drive from Trujillo, Peru.
The Company also owns the Fruta del Sur deposit, with the potential to be one of Peru’s most prolific mines!
Lida Resources Inc. (LDDAF) acquires properties by staking initial mineral claims, negotiating for permits from government authorities, acquiring mineral claims or permits from existing holders, entering into option agreements to acquire interests in mineral claims or purchasing companies with mineral claims or permits.
On these properties, the corporation explores for minerals on its own or in joint ventures with others. Exploration for metals usually includes surface sampling, airborne and/or ground geophysical surveys and drilling.
Lida Resources Inc. (LDDAF)'s mission is to identify, develop and enhance shareholder value through:
Acquiring, exploring and developing quality mineral properties, initially in Peru.
Engaging an experienced, professional team.
Applying rigorous capital discipline.
Practicing good corporate citizenship.
The Company is not limited to any particular metal or region, but the corporate focus is on precious and base metals in South America, specifically Peru.
A Proven Leader On Board
Lida Resources Inc. (LDDAF) is a De Melt Group Company. Leonard De Melt is the third generation of De Melt miners and is the CEO and president of the company.
Why is his role with the company significant?
He is one of the most respected and youngest mine managers in Canada!
He was the youngest mine manager of Canadian mine: McIntyre's Smokey River Coal.
The Yellowknife Con Mine was staked by Mr. De Melt's grandfather in 1935. He was born at the Con Mine in the first aid shack. DeMelt Cresent in Yellowknife Northwest Territories Canada is named in his Family’s honor.
Living in Lima, Peru, Mr. De Melt is an engineering technologist and a graduate of the Haileybury School of Mines. He also holds a bachelor of arts degree in business and economics and a diploma of mechanical studies from the British Columbia Institute of Technology.
He has held management positions with 12 mining companies internationally and was instrumental in starting and building six mines, including:
Gulf Oil's Rabbit Lake mine (uranium)
Syncrude mine ( oil sands)
Denison Mines' Quintette (coal)
Homestake's Golden Bear mine ( gold )
BHP's Ekati mine (diamonds)
Goldust's Croiner mine ( gold )
He has also served as a director of the mining companies Norsemont Resources Inc. and Vena Resources Inc.
Norsemont's Constancia Mine, sold to Hudbay for about $500 million!
San Vicente Property
Lida Resources Inc. (LDDAF) has a 100% stake in the San Vicente property in the Alto Chicama Mining District of Trujillo, Peru.
The development metals and minerals are:Lead, Silver , and Zinc
The San Vicente Property is located approximately 120 kilometres east of the coastal city of Trujillo, Peru in the district of Agallpampa, Province of Otuzco in the department of La Libertad.
Access to the Property is 70 kilometres by paved road to the community of Otuzco and then a combination of gravel and clay roads to Chota where the Property is located.
Otuzco and the community of San Vicente Bajo La Union, which is in close proximity to the property, are capable of providing basic services and amenities in the support of mineral exploration activities.
The Property is located in the occidental part of the Tertiary Volcanic Belt of the Western Cordillera and is underlain by rocks of the Calipuy Formation, a precious and base metals metallotects formation found in Peru. The Calipuy Formationis the product of post tectonic volcanism in the Cordillera region.
It represents the effusive magmatism that followed the final emplacement of the Costal Batholith. At the San Vicente Property, the Calipuy Formation consists of andesite as a massive greenish grey fine to intermediate grained rock with local millimetric sized feldspathic phenocrystals and Andesite tuff which is greenish grey to purple in color with a fine grained matrix.
Lida Resources Inc. (LDDAF) has an agreement in place with the local community ( San Vicente Bajo La Union) for surface rights of 2,500 metres surrounding the mine opening.
The agreement gives Lida a permit for surface use for a period of 20 years. The rest of the surface rights are held by the communities of San Vicente Bajo La Union and San Vicente Alto La Union.
The majority of the ground in the Concession is controlled by San Vicente Bajo La Union. The company is in discussions to obtain further surface rights from the community of San Vicente Bajo La Union so that a new mine access can be forged approximately 80 metres below the current level.
Accessibility, Climate, Local Resources, Infrastructure and Physiography
The San Vicente Property is situated in the upper part of the Moche river basin at altitudes that vary between 3,100 metres to 3,400 metres above sea level. The topography consists of moderate relief, ranging from hilly to flat. The slopes are typically covered with small brush and grasses which constitute natural pasture. Trees (predominantly eucalyptus) can be found growing in all areas and vegetables are grown through subsistence farming.
From Trujillo, the Property is accessed via the districts of Laredo, Samne and Agallpampa to the town of Chota. From Chota, an unpaved two kilometre long road leads to the Property. It takes approximately two hours to travel from Trujillo to the Property.
Access to the San Vicente Property is considered good along the paved road that leads to Otuzco; however, after Otuzco the road is of poor quality.
The Property is located in a moderately populated area where small villages are scattered within the landscape.
As the San Vicente Property is situated approximately 10,000 feet above sea level, crops are restricted to potatoes, vegetables and some cereals. Climatically, the region is characterized by dry and cold temperatures between May to October while from November to April, the climate is warmer with frequent rain. Exploration and surface activities can get disrupted during the rainy season.
There is 220 volts of electricity installed at the Property. Larger voltage installations power other projects in the area and could be extended to the San Vicente Property mine when and if necessary. Water is readily available all year around from streams that run through the Property. However, to date this water has not been used in the extraction process.
The closest big players and mines to the project area are:
Quiruvilca - a very large mine with narrow veins that tend to have extensive lateral and vertical continuity within various structure types.
Barricks' Luganas Norte - a world class high sulfide mine. In 2010, the mine produced 808k ounces of gold at total cash costs of $182 per ounce. The proven and probably gold reserves were then 6.6 million ounces!
Trinity Mining Holding AG - another interesting area close to the property is the Caupar project. Recoveries of gold and silver , as demonstrated by bottle roll tests conducted by Kappes, Cassiday & Associates, are high: more than than 80% for gold and in the range of 65% for silver (when above 10 g/t in content). The Caupar property covers an area of 3,000 hectares and tying on to it are properties owned by Barrick and Goldfield .
Mineralization
Various areas of mineralization exist within the Concession. The main mineralized areas identified to date are comprised of a series of closely spaced narrow veins that strike Northeast-Southwest.
These veins have been mined along the strike for approximately 75 metres on the 100 level of the mine and the veins can be traced intermittently on the surface over a total distance of 825 metres.
Of all the mineralized structures identified at the San Vicente Property to date, only three are described in detail within the Technical Report, these are the mineralized structures that have been cut with exploration drives in the mine.
The three structures are: (i) MZ1; (ii) MZ2; and MZ3. The three mineralized structures are located within a plagioclase porphyritic sub-volcanic andesite member of the Tertiary Lower Calipuy Group of volcanic rocks. MZ4 was encountered in January of 2011 and is also described in this section as it appears to be gold bearing, unlike the other base metal veins.
The Property is located within a well known Miocene Oligocene epithermal silver and gold metallogenic belt in Northern Peru. The Yanacocha, Lagunas Norte andQuiruyilca mines are world class deposits located within this belt. Based on the current geological knowledge of the San Vicente Property, the mineralization fits the igneous hosted poly metallic veins of silver , lead, zinc and gold deposit types.
Recent Developments
In June, Lida Resources Inc. (LDDAF) announced that it had entered into two agreements to acquire 400 hectares which encompass the Quiruvilca mine. While several million has been spent on this property, the total acquisition cost to the Company was $200,000 with no further obligations.
The mine is located at an elevation of 3,800 meters in the Andes Mountains of Northern Peru, approximately 80 miles inland from the coastal city of Trujillo, Peru in the district of Agallpampa, Province of Otuzco.
The Property is located in the occidental part of the Tertiary Volcanic Belt of the Western Cordillera and is underlain by rocks of the Calipuy Formation, a precious and base metals metallotects formation found in Peru. The Calipuy Formation is the product of post tectonic volcanism in the Cordillera region.
Quiruvilca Mine
Quiruvilca is one of Peru's oldest mines with mineralization first reported in the area in 1789.
Mining at a corporate level started in 1907 and more or less until 1930 or so. The Quiruvilca Mine has been in continuous operation since about 1940 until 2018 and was initially, focused on the silver bearing veins on the property. In 1967, the mill started to treat complex ores producing silver , lead and zinc concentrate. In 1995, Pan American acquired an 80% interest in the Quiruvilca Mine and increased their interest to 99.7% by 1996.
The workings are extensive, spread out over a wide area, in many veins. Currently, grades run at about 150 g/t silver , 4% zinc, 1.5% lead and 0.5% copper . Stoping has taken place in, reportedly, 60 places. Considering the 1,725 tons/per/day that the mine can process, that is a lot of small stopes! The underground working places are accessed by several adits/ramps and one shaft. Ore is moved to surface, primarily, by one long conveyor belt system but also supplemented by rail movement from ore passes plus skip-hoisted ore.
The Quiruvilca deposits are in layered volcanic rocks of the Miocene Calipuy Formation which includes andesite and minor basalt flows. The Calipuy formations have an estimated thickness in excess of 2,000m. Intrusive rocks include andesite stocks and dykes. The ore zones have four distinct zones. Ores in the central part of the district are mesothermal and are dominated by enargite.
The mesothermal deposits grade outward to the epithermal deposits. Lewis (1956) described the various zones in some detail. The inner zone is called the Enargite Zone and, in the past, encompassed the major part of the Quiruvilca Mine.
Little mining is done in that zone today. Minerals associated with the enargite in this zone are pyrite tennantite, wurtzite, sphalerite, chalcopyrite, orpiment, galena and rare hutcinsonite. The second zone outwards is the Transition Zone which is up to 1,400m wide.
Its dominant ore mineral is sphalerite with pyrite and tennatite-tetrahedrite. Other sulphides include chalcopyrite, galena, marcasite, arsenopyrite, covellite and wurtzite. Gangue minerals are mostly massive quartz and occasional rhodochrosite and calcite. The third zone outward is the epithermal Lead-Zinc Zone characterized by sphalerite and galena accompanied by pyrite, chalcopyrite, tetrahedrite-tennantite, marcasite, arsenopyrite and gratonite. Gangue minerals in the lead zinc zone are quartz, dolomite, rhodochrosite and calcite.
The outermost zone is the Stibnite zone. In addition to stibnite, the other minerals there are arsenopyrite, pyrite, sphalerite, galena, chalcopyrite and arsenic.
Leonard De Melt, CEO of Lida stated:
"This transaction is an important consolidation of land in an important part of Peru. The San Vicente mine was in production of gold and silver concentrate until 2011. The Quiruvilca Mine is only 6 miles away from the Company's San Vincente Property and we feel that mineralized zones connect the two properties. I feel that the large near massive sulphide copper rich zone near the bottom of the Quiruvilca mine has excellent potential and I believe this structure had a 2.5km potential that had only a few drill holes into it. I believe this combined project would potentially make an excellent exploration/ resource build project that could return to mining with some key investment and management. Our goal is the completely change the mining methodology. The 2.5km gold / copper sulfides zone requires infill drilling to prove out tonnage. Our objective is to change from a vein type silver mine profile to a high tonnage gold / copper mine profile."
Lida Resources Inc. (LDDAF) also announced in July that it has staked 2,500 hectares in the vicinity of its San Vincente Property and the recently acquired Quiruvilca Mine Property.
The Company's San Vincente Property, Quiruvilca Mine Property and additional ground (the "Property") are all located in the Quiruvilca District, Santiago de Chuco Province, La Libertad, Peru.
"We are very pleased to pick up additional ground in this area. This is a very prolific gold / silver / copper property. We are adjacent to the Barrick Gold Lagunas Norte mine. We want to consolidate our land position in the vicinity of Quiravila Mine. Our objective is to change from a vein type silver mine profile to a high tonnage gold / copper mine profile", stated Len De Melt, CEO .
At the peak during its initial 80-year mine life the Quiruvilca Mine was mining the narrow veins at 3,000 tons per day. The mine was mining at 1,000 tons per day when it closed down!
Management Team
Leonard ( Len ) De Melt, age: 73, Director, President and Chief Executive Officer (full time; employee)
Mr. De Melt is an engineering graduate of the Haileybury School of Mines and also holds a Bachelor of Arts degree in business and economics. He has held management positions with 12 mining companies internationally. Mr. De Melt has nearly 30 years of project management and mine development experience to the Corporation.
Geoffrey Balderson, age: 42, Director and Chief Financial Officer
Mr. Balderson is the President of Harmony Corporate Services Ltd., a company that provides corporate, secretarial, bookkeeping, accounting and filing services to public companies or companies that are working on going public. In addition, Mr. Balderson has been an officer and director of several TSX Venture Exchange listed companies over the past 12 years. Prior to that he was an investment advisor at Union Securities and Georgia Pacific Securities Corp. Mr. Balderson holds a Sales and Marketing Diploma from the Sauder School of Business at the University of British Columbia. Mr. Balderson completed the Canadian Securities Course in 2000 and the Professional Financial Planners Course in 2003 both through the Canadian Securities Institute.
Andrew von Kursell, age: 83, Director
Mr. von Kursell has been involved in mining operations in Chile, Peru, Bolivia, Ecuador, Uganda and China. Mr. von Kursell is a Professional Engineer, registered in BC , Ontario, Life Member in Nova Scotia and retired in Yukon. He earned a Bachelor of Mining Engineering degree from McGill University in 1963.
Patrick Morris, age: 51, Director
Mr. Morris is an entrepreneur and capital markets executive with over 15 years of experience. In addition, Mr. Morris co-created and co-produced Canada's first nationally syndicated radio show about growth stock opportunities, which was broadcast on 14 of the top-rated news talk stations across Canada. Prior to entering the capital markets, Mr. Morris had five years of experience in wine and spirits importing, sales, and portfolio management.
Erick Underwood, age: 51, Director
Mr. Underwood has over 25 years of experience in corporate development, business planning and analysis, treasury and accounting for the mining industry including 14 years while being based in Chile and Peru. Mr. Underwood holds a CPA , CMA professional designation from CPA Ontario. Mr. Underwood holds an MBA from the Rotman School of Management of University of Toronto, a Graduate Diploma in Management from McGill University and a B. Comm . (Finance & International Business) from McGill University. He has successfully completed all the requirements for the CPA-CMA designation and will become a Certified Management Accountant in Ontario, Canada in 2014.
The Bottom Line
Lida Resources Inc. (LDDAF) is fresh to the scene on the Canadian Stock Exchange and may soon be catching major attention with its mining endeavors in Peru!
With a CEO leading the way who has been a part of a mine sale at $500 million, anything could be possible here….
Gold , silver , zinc, and lead are all expected to head higher as the level of uncertainty related to the coronavirus is unprecedented.
With gold exploding, looking at junior gold explorers may be next best thing next to owning physical gold .
Last year gold's price soared nearly 20%, making it the best year for the precious metal in a decade. This year, the metal is up way past that, and the year isn't even over!
The price of gold has traded to fresh yearly highs during every single month so far this year!
The COVID-19 pandemic is having a devastating effect on the global economy and with so much uncertainty, investors are embracing the precious metal as a key portfolio hedging strategy.
"The upward momentum in gold and silver is still fairly solid at this stage because there's a lack of interest in other asset classes; many factors of the economy are still struggling," Bank of China International analyst Xiao Fu recently said.
Gold is often looked at as a safe haven many think the metal will head a lot higher. The metal thrives in an uncertain atmosphere and with this year also being an election year, the sky could be the limit.
One grand prediction comes from Frank Holmes, the CEO of US Global Investors, who believes gold's true value is as high as $10,000!
The biggest gold enthusiast in Canada is the legendary mining billionaire Eric Sprott who is known for his interest in junior gold miners. Sprott believes these companies could be on the verge of striking the motherlode!
He has said that gold equities are "the investment opportunity of lifetime,” adding that he fully expects gold to almost double in value in the next year.
With an economic recession, metals may be a safe haven for months to come and mining companies such as Lida Resources Inc. (LDDAF) could be hitting the spotlight!
Lida Resources Inc. (LDDAF) could become one of the next big mining players and may be at ground-floor entrance levels right now!!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.)
$WMT | #Walmart Long Into Earnings
Earnings on Tuesday before the open, expectations
are for a rally.
MACD is reversing away from Zero-line
Histogram is ticking higher.
Volume steadily increasing.
7&12 ma's bullish cross above 20ma imminent.
$140 a conservative breakout target
$129 stop loss
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$WMT | #Walmart Long Into Earnings
Earnings on Tuesday before the open, expectations
are for a rally.
MACD is reversing away from Zero-line
Histogram is ticking higher.
Volume steadily increasing.
7&12 ma's bullish cross above 20ma imminent.
$140 a conservative breakout target
$129 stop loss
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$INTC | #Intel Relief Rally
Alert set for move above $49.60.
Potential long to $52.00
7&12 MA's now support as base is now formed.
In terms of valuation the stock is cheap.
Indicators in reversal
Resistance levels used as targets and particular
attention on the gap above.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$INTC | #Intel Relief Rally
Alert set for move above $49.60.
Potential long to $52.00
7&12 MA's now support as base is now formed.
In terms of valuation the stock is cheap.
Indicators in reversal
Resistance levels used as targets and particular
attention on the gap above.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$LEAS | Low-Float #FinTech #IoT Ground Floor Opportunity
Strategic Asset Leasing Inc.
(STOCK: LEAS)
Current Price: $0.0018
Float: 9.01M
About The Company
LEAS is focused on leveraging technology assets with an initial focus on the Fintech industry and the Internet of Things ( IOT ). The "Internet of Things", simply put, are devices and objects that also have an online connection such as personal voice assistants, smart home systems, video doorbells etc. These are rapidly growing sectors and LEAS will be developing and licensing technologies that will help companies penetrate these markets, thereby increasing shareholder value.
FinTech: An Industry on the Rise:
"At Strategic Asset Leasing we believe that the financial tech industry is making bold moves in the market essential to business and business development..."
Fintech companies acquired $111.8 billion globally in investments in 2018. According to the latest fintech industry report, global investments amounted to $37.9 billion during the first half of 2019.
In the next three to five years, 77% of incumbent financial institutions will increase their focus on internal innovations to boost customer retention.
A huge chunk of incumbent financial institutions (88%) believe that part of their business will be lost to standalone fintech companies in the next five years.
Fintech investment is expanding beyond the major markets, with 39% of deals in the industry made outside of traditional hubs like the U. S.A. , the U.K., and China.
The total transaction value of digital payments in 2019 was $4.1 trillion. In 2020, it is expected to reach nearly $4.8 trillion.
Artificial intelligence will save the insurance industry nearly $1.3 billion by 2023.
Insurance fintech companies raised more than $1.8 billion worth of investments in 2018.
The combined assets under management of digital wealth-management companies that focus on retail are expected to reach $600 billion by 2022.
Your Wallet Is Going Digital
Financial Stocks Are Losing Ground to Fintech Stocks. Don't Be Left Behind.
Financial stocks are losing more ground to fintech stocks amid a rapid rise of the latter's contactless financial platforms.
The potential of fintech is pretty exciting. Even after the growth of the cashless payments space in recent years, the majority of payment transactions around the world are still done in cash. And even though online banking institutions offer interest rates and fee structures that are typically much better than those of traditional banks, the majority of consumers still use branch-based banking for their financial needs.
There’s a ton of long-term potential in the fintech industry, so it can be tough to find the best investment opportunities. With its attractive entry point and massive growth potential, LEAS may offer investors the most value in the market
The Internet of Things in 2020: More Vital than ever
According to Gartner, a crazy variety of some 21 billion connected “things” are at this moment collecting data and performing all sorts of tasks. The majority are consumer devices, from smart speakers to watches to door locks. The rest serve business: medical devices, engine sensors, industrial robots, HVAC controllers…almost every enterprise now relies on IoT devices in one form or another.
Many companies are focusing on IoT , because the Internet of Things is a growth business. IDC estimates that total spending on consumer and industrial IoT technology and services will surpass $1 trillion by 2022, growing at a double-digit rate. That’s a massive pie, and it’s expanding quickly, although that estimate may now be overly optimistic given the pandemic.
There are many ways to invest in IoT , but at less than a penny per share none look as attractive as LEAS.
A Long-Term Growth Industry
It’s clear that an ever-increasing number of everyday objects will connect to the internet in the coming years. Some will be more gimmicky than anything else; a toaster doesn’t really need a wireless chip. But applications such as home security, asset tracking, and management of chronic diseases will provide plenty of growth opportunities for a wide variety of companies like LEAS.
The IoT Market Is Projected to Expand 12x from 2017–2023
LEAS Set To Launch Very Own Cash App Product
Strategic Asset Leasing Inc. Provides Update On Application Progress
LEAS's engineering team has begun blockchain and QR code integration into the Company's flagship Cash App product.
Once complete the app will allow for real time tap-2-pay transactions in traditional marketplaces, peer to peer transactions and the ability to process standard as well as major crypto currencies such as Bitcoin , Litecoin and Ethereum within a single application.
Strategic intends to launch a beta version of its application in the coming weeks as well as making the technology available for businesses to license.
Additionally, the Company has decided to participate at the annual CES Tech Convention. www.ces.tech
As of now, this year's convention will be held digitally from January 6th thru 9th . If the Consumer Technology Association decides to host in person presentations the Company will arrange to attend in Las Vegas.
Strategic will provide further announcements as the application nears beta launch as well as updates on the Company's home security device also under development.
Jason Tucker, CEO of Strategic Asset Leasing, stated: "I'm really happy with our progress thus far and look forward to sharing our cash app with shareholders and the world very soon."
LEAS to Develop Internet of things ( IOT ) Product in the Consumer Security and Safety Market.
Last Month LEAS signed a development agreement with Product Design Experts, Inc. (PDE) to begin development of an Internet of things ( IOT ) product in the consumer security and safety market.
To help further deploy technology assets the Company has recruited Vincent Risalvato, CEO of PENNEXX Foods Inc., to act as a technical advisor to the Company. Mr. Risavalto is stated as saying: "I am very excited because IOT safety and security is a booming sector of the consumer market and I believe this is the beginning of a series of products that I believe will improve consumers lives."
The parties are also in talks to advance an opportunity in the future to partner PNNX with LEAS to connect IOT products with PNNX's merchants and users furthering the YourSocialOffers.com rewarding experience.
Part of the Company's strategy is to develop tool kits that are pre-build designs that small companies can use to create products quickly and efficiently that interface with the Internet, dashboards, portals as well as existing devices like Amazon Alexa, Siri and Google home assistant devices. This strategy is based on the direction the industry has been heading.
Gartner has predicted, "the worldwide number of IoT-connected devices is projected to increase to 43 billion by 2023." In fact, Gartner has made a business of helping enterprises create an IoT strategy.
https://www.gartner.com/en/documents/384...
According to MordorIntellegence.com, the IoT chip market, the core component of IoT devices is expected to register a CAGR of 17.25% during the forecast period of 2020-2025. They say, "5G Network, artificial intelligence, machine learning, smart homes, smart cities, as well as an increase in the IoT connected devices in electronics and automotive segments are expected to drive market growth."
https://www.mordorintelligence.com/indus...
McKinsey.com says, "As frequent investors in midsize companies, private equity (PE) funds should re-evaluate the IoT as a sector that can help create significant value." They make this recommendation based on their assertion that while enterprise customers have long had IoT initiatives, smaller and mid-size businesses are now getting a chance to become involved with these technologies.
https://www.mckinsey.com/industries/priv...
Industry leaders have typically been the largest enterprises, and now there has been a number of smaller success stories. Strategic Asset Leasing will license tools to increase the availability for business to create IoT versions of their products quickly and easily.
PDE is the developer who created PENNEX's YourSocialOffers.com online merchant social media marketing portal as well as is developing its Global Digital Forensics Cyber Security dashboard and other confidential projects.
The Company, with the help of PDE, will be applying for patents with the United States Patent and Trademark Office to protect its intellectual property ( IP ) as well as international ITC Patents.
The Company is excited to explore opportunities to use PNNX's social media technology to merge IOT and social media. This is something that could yield exciting breakthroughs.
With this new contract the Company will be receiving software and hardware IP that it will be able to license out to its clients thereby creating a residual value. It also gives the Company a product that they can sell directly to consumers or through online e-commerce sites like Amazon via licensing or manufacturing agreements with OEMs.
The assets under development will include source code, electronic design files, 3D computer-aided design and manufacturing files. They will have applicability not just to the specific launch product which is as yet undisclosed due to the ongoing patent process but will also be applicable to many IOT products giving the IP's ongoing value to license to other companies looking to enter the IOT marketplace.
Jason R Tucker, CEO of Strategic Asset Leasing, stated: "As the new CEO of LEAS I take great pride in the fact that leaders such as Vincent have faith in our team and our product ideas. It's with these great partnerships and great vision that we will bring the Company success and shareholder value."
The Global Internet of Things ( IoT ) Security Market Size is Expected to Grow from USD 12.5 Billion in 2020 to USD 36.6 Billion by 2025
The Bullish Case For
Strategic Asset Leasing Inc.
(STOCK:LEAS)
The Float Is Razor Thin
Chart Is Trending Bullish
Substantial Market Opportunity
Cash App Product In Development
Development of an Internet of things ( IOT ) product in the consumer security and safety market.
LEAS Could See A Major Reversal From Here! Razor Thin Float + Huge Upside Potential
Bullish Indicators:
Stock has bottomed and reversed off historical trendline support. Volume increased with buyside dominance.
Strong reversal in divergence to price action.
MACD bullish cross & reversal. Histogram rising.
Bullish reversal and cross
The Bottom Line:
With its low-float and recent announcements, we believe that LEAS is in for a huge week of trading.
The Company is in the midst of a major growth period, and we believe it has the potential to double in price from here.
In all the different lists of the most lucrative and profitable sectors for investments, the two names that would be common are Fintech and IoT .
If you’re looking for a growth/ground floor opportunity in both the Fintech and IoT sectors, LEAS if the opportunity you've been waiting for!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.)
$LEAS | Low-Float #FinTech #IoT Ground Floor Opportunity
Strategic Asset Leasing Inc.
(STOCK: LEAS)
Current Price: $0.0018
Float: 9.01M
About The Company
LEAS is focused on leveraging technology assets with an initial focus on the Fintech industry and the Internet of Things ( IOT ). The "Internet of Things", simply put, are devices and objects that also have an online connection such as personal voice assistants, smart home systems, video doorbells etc. These are rapidly growing sectors and LEAS will be developing and licensing technologies that will help companies penetrate these markets, thereby increasing shareholder value.
FinTech: An Industry on the Rise:
"At Strategic Asset Leasing we believe that the financial tech industry is making bold moves in the market essential to business and business development..."
Fintech companies acquired $111.8 billion globally in investments in 2018. According to the latest fintech industry report, global investments amounted to $37.9 billion during the first half of 2019.
In the next three to five years, 77% of incumbent financial institutions will increase their focus on internal innovations to boost customer retention.
A huge chunk of incumbent financial institutions (88%) believe that part of their business will be lost to standalone fintech companies in the next five years.
Fintech investment is expanding beyond the major markets, with 39% of deals in the industry made outside of traditional hubs like the U. S.A. , the U.K., and China.
The total transaction value of digital payments in 2019 was $4.1 trillion. In 2020, it is expected to reach nearly $4.8 trillion.
Artificial intelligence will save the insurance industry nearly $1.3 billion by 2023.
Insurance fintech companies raised more than $1.8 billion worth of investments in 2018.
The combined assets under management of digital wealth-management companies that focus on retail are expected to reach $600 billion by 2022.
Your Wallet Is Going Digital
Financial Stocks Are Losing Ground to Fintech Stocks. Don't Be Left Behind.
Financial stocks are losing more ground to fintech stocks amid a rapid rise of the latter's contactless financial platforms.
The potential of fintech is pretty exciting. Even after the growth of the cashless payments space in recent years, the majority of payment transactions around the world are still done in cash. And even though online banking institutions offer interest rates and fee structures that are typically much better than those of traditional banks, the majority of consumers still use branch-based banking for their financial needs.
There’s a ton of long-term potential in the fintech industry, so it can be tough to find the best investment opportunities. With its attractive entry point and massive growth potential, LEAS may offer investors the most value in the market
The Internet of Things in 2020: More Vital than ever
According to Gartner, a crazy variety of some 21 billion connected “things” are at this moment collecting data and performing all sorts of tasks. The majority are consumer devices, from smart speakers to watches to door locks. The rest serve business: medical devices, engine sensors, industrial robots, HVAC controllers…almost every enterprise now relies on IoT devices in one form or another.
Many companies are focusing on IoT , because the Internet of Things is a growth business. IDC estimates that total spending on consumer and industrial IoT technology and services will surpass $1 trillion by 2022, growing at a double-digit rate. That’s a massive pie, and it’s expanding quickly, although that estimate may now be overly optimistic given the pandemic.
There are many ways to invest in IoT , but at less than a penny per share none look as attractive as LEAS.
A Long-Term Growth Industry
It’s clear that an ever-increasing number of everyday objects will connect to the internet in the coming years. Some will be more gimmicky than anything else; a toaster doesn’t really need a wireless chip. But applications such as home security, asset tracking, and management of chronic diseases will provide plenty of growth opportunities for a wide variety of companies like LEAS.
The IoT Market Is Projected to Expand 12x from 2017–2023
LEAS Set To Launch Very Own Cash App Product
Strategic Asset Leasing Inc. Provides Update On Application Progress
LEAS's engineering team has begun blockchain and QR code integration into the Company's flagship Cash App product.
Once complete the app will allow for real time tap-2-pay transactions in traditional marketplaces, peer to peer transactions and the ability to process standard as well as major crypto currencies such as Bitcoin , Litecoin and Ethereum within a single application.
Strategic intends to launch a beta version of its application in the coming weeks as well as making the technology available for businesses to license.
Additionally, the Company has decided to participate at the annual CES Tech Convention. http://www.ces.tech
As of now, this year's convention will be held digitally from January 6th thru 9th . If the Consumer Technology Association decides to host in person presentations the Company will arrange to attend in Las Vegas.
Strategic will provide further announcements as the application nears beta launch as well as updates on the Company's home security device also under development.
Jason Tucker, CEO of Strategic Asset Leasing, stated: "I'm really happy with our progress thus far and look forward to sharing our cash app with shareholders and the world very soon."
LEAS to Develop Internet of things ( IOT ) Product in the Consumer Security and Safety Market.
Last Month LEAS signed a development agreement with Product Design Experts, Inc. (PDE) to begin development of an Internet of things ( IOT ) product in the consumer security and safety market.
To help further deploy technology assets the Company has recruited Vincent Risalvato, CEO of PENNEXX Foods Inc., to act as a technical advisor to the Company. Mr. Risavalto is stated as saying: "I am very excited because IOT safety and security is a booming sector of the consumer market and I believe this is the beginning of a series of products that I believe will improve consumers lives."
The parties are also in talks to advance an opportunity in the future to partner PNNX with LEAS to connect IOT products with PNNX's merchants and users furthering the YourSocialOffers.com rewarding experience.
Part of the Company's strategy is to develop tool kits that are pre-build designs that small companies can use to create products quickly and efficiently that interface with the Internet, dashboards, portals as well as existing devices like Amazon Alexa, Siri and Google home assistant devices. This strategy is based on the direction the industry has been heading.
Gartner has predicted, "the worldwide number of IoT-connected devices is projected to increase to 43 billion by 2023." In fact, Gartner has made a business of helping enterprises create an IoT strategy.
https://www.gartner.com/en/documents/384...
According to MordorIntellegence.com, the IoT chip market, the core component of IoT devices is expected to register a CAGR of 17.25% during the forecast period of 2020-2025. They say, "5G Network, artificial intelligence, machine learning, smart homes, smart cities, as well as an increase in the IoT connected devices in electronics and automotive segments are expected to drive market growth."
https://www.mordorintelligence.com/indus...
McKinsey.com says, "As frequent investors in midsize companies, private equity (PE) funds should re-evaluate the IoT as a sector that can help create significant value." They make this recommendation based on their assertion that while enterprise customers have long had IoT initiatives, smaller and mid-size businesses are now getting a chance to become involved with these technologies.
https://www.mckinsey.com/industries/priv...
Industry leaders have typically been the largest enterprises, and now there has been a number of smaller success stories. Strategic Asset Leasing will license tools to increase the availability for business to create IoT versions of their products quickly and easily.
PDE is the developer who created PENNEX's YourSocialOffers.com online merchant social media marketing portal as well as is developing its Global Digital Forensics Cyber Security dashboard and other confidential projects.
The Company, with the help of PDE, will be applying for patents with the United States Patent and Trademark Office to protect its intellectual property ( IP ) as well as international ITC Patents.
The Company is excited to explore opportunities to use PNNX's social media technology to merge IOT and social media. This is something that could yield exciting breakthroughs.
With this new contract the Company will be receiving software and hardware IP that it will be able to license out to its clients thereby creating a residual value. It also gives the Company a product that they can sell directly to consumers or through online e-commerce sites like Amazon via licensing or manufacturing agreements with OEMs.
The assets under development will include source code, electronic design files, 3D computer-aided design and manufacturing files. They will have applicability not just to the specific launch product which is as yet undisclosed due to the ongoing patent process but will also be applicable to many IOT products giving the IP's ongoing value to license to other companies looking to enter the IOT marketplace.
Jason R Tucker, CEO of Strategic Asset Leasing, stated: "As the new CEO of LEAS I take great pride in the fact that leaders such as Vincent have faith in our team and our product ideas. It's with these great partnerships and great vision that we will bring the Company success and shareholder value."
The Global Internet of Things ( IoT ) Security Market Size is Expected to Grow from USD 12.5 Billion in 2020 to USD 36.6 Billion by 2025
The Bullish Case For
Strategic Asset Leasing Inc.
(STOCK:LEAS)
The Float Is Razor Thin
Chart Is Trending Bullish
Substantial Market Opportunity
Cash App Product In Development
Development of an Internet of things ( IOT ) product in the consumer security and safety market.
LEAS Could See A Major Reversal From Here! Razor Thin Float + Huge Upside Potential
Bullish Indicators:
Stock has bottomed and reversed off historical trendline support. Volume increased with buyside dominance.
Strong reversal in divergence to price action.
MACD bullish cross & reversal. Histogram rising.
Bullish reversal and cross
The Bottom Line:
With its low-float and recent announcements, we believe that LEAS is in for a huge week of trading.
The Company is in the midst of a major growth period, and we believe it has the potential to double in price from here.
In all the different lists of the most lucrative and profitable sectors for investments, the two names that would be common are Fintech and IoT .
If you’re looking for a growth/ground floor opportunity in both the Fintech and IoT sectors, LEAS if the opportunity you've been waiting for!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.)
$TWI | #TitanInternational Inc. Speculative Long
Speculative stock within a momentum based sector
Company profile
Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels and tires for various types of off the road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment involves manufacture of truck tires in Latin America and light truck tires in Russia; and also offers select products for turf and golf cart applications. The company was founded by Robert B. Saucier in 1983 and is headquartered in Quincy, IL.
$TWI | #TitanInternational Inc. Speculative Long
Speculative stock within a momentum based sector
Company profile
Titan International, Inc. is a holding company, which engages in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels and tires for various types of off the road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment involves manufacture of truck tires in Latin America and light truck tires in Russia; and also offers select products for turf and golf cart applications. The company was founded by Robert B. Saucier in 1983 and is headquartered in Quincy, IL.
$FTK | #Flotek Industries, Inc Bullish Targets
Speculative so need to be nimble
Bullish break above 200ma
Indicators bullish
Channel in play.
Company Profile
Flotek Industries, Inc. is a technology-driven company. It develops and supplies chemistry and services to the oil and gas industries, and companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The company operates through the following segment: Energy Chemistry Technologies. The Energy Chemistry Technologies segment designs, develops, manufactures, packages, and markets chemistries for use in oil and gas well drilling, cementing, completion, and stimulation activities designed to maximize recovery in both new and mature fields. Its products include Stimulation Chemistry, Cementing Chemistry, Improved Oil Recovery (IOR), Drilling Fluid Additives and Coil Tubing Chemistry. The firm offers services, including Reservoir Characterization, Polymer Conformance and Logistics Management. Flotek Industries was founded on May 17, 1985 and is headquartered in Houston, TX .
$FTK | #Flotek Industries, Inc Bullish Targets
Speculative so need to be nimble
Bullish break above 200ma
Indicators bullish
Channel in play.
Company Profile
Flotek Industries, Inc. is a technology-driven company. It develops and supplies chemistry and services to the oil and gas industries, and companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The company operates through the following segment: Energy Chemistry Technologies. The Energy Chemistry Technologies segment designs, develops, manufactures, packages, and markets chemistries for use in oil and gas well drilling, cementing, completion, and stimulation activities designed to maximize recovery in both new and mature fields. Its products include Stimulation Chemistry, Cementing Chemistry, Improved Oil Recovery (IOR), Drilling Fluid Additives and Coil Tubing Chemistry. The firm offers services, including Reservoir Characterization, Polymer Conformance and Logistics Management. Flotek Industries was founded on May 17, 1985 and is headquartered in Houston, TX .
$TSLA | $2000 or $2220 for #Tesla?
So will $2000 be a blow off top or just get blown through?
Eventually common sense will prevail but with markets on teh verge of ATH's
maybe there is some power left in the TSLA rally.
Previous bear calls by analysts have been laughed at & the now are playing catchup to save face.
$2000 is obviously going to be hit with $2059 as the next Fib target to consider.
Trade with care within this stock, when the selling resumes it will be very fast and damaging to latecomers.
$TSLA | $2000 or $2220 for #Tesla?
So will $2000 be a blow off top or just get blown through?
Eventually common sense will prevail but with markets on teh verge of ATH's
maybe there is some power left in the TSLA rally.
Previous bear calls by analysts have been laughed at & the now are playing catchup to save face.
$2000 is obviously going to be hit with $2059 as the next Fib target to consider.
Trade with care within this stock, when the selling resumes it will be very fast and damaging to latecomers.
$INO Inovio Pharma a Ricky hold into earnings
Stock is sitting at a very critical level as earnings approach.
A drop below $19.00 could see a sharp drop to the Fibonacci Golden pocket at $16.00 or to the POC (redline) @ $13.87
Risky hold into earnings
Inovio Pharmaceuticals , Inc. is a late-stage biotechnology company. It engages in the discovery , development, and commercialization of DNA-based immunotherapies and vaccines. The firm's drug candidates include SynCon immunotherapies which helps break the immune system’s tolerance of cancerous cells; and CELLECTRA delivery system which facilitates optimized cellular uptake of the SynCon immunotherapies. The company was founded by David B. Weiner on June 29, 1983 and is headquartered in Plymouth Meeting, PA.
$INO Inovio Pharma a Ricky hold into earnings
Stock is sitting at a very critical level as earnings approach.
A drop below $19.00 could see a sharp drop to the Fibonacci Golden pocket at $16.00 or to the POC (redline) @ $13.87
Risky hold into earnings
Inovio Pharmaceuticals , Inc. is a late-stage biotechnology company. It engages in the discovery , development, and commercialization of DNA-based immunotherapies and vaccines. The firm's drug candidates include SynCon immunotherapies which helps break the immune system’s tolerance of cancerous cells; and CELLECTRA delivery system which facilitates optimized cellular uptake of the SynCon immunotherapies. The company was founded by David B. Weiner on June 29, 1983 and is headquartered in Plymouth Meeting, PA.