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hi bull, you are by far more versed than i on these kind of stocks so i learn from you. its nice to see this stock up almost a quarter just since we have been talking about it. the 1 thing that always bothers me about power type of stocks is the price of crude and other types of fuels. you just never know what might be coming and crude looks low for as far as the eye can see so thats my little bit of caution here. gl2u
what i found interesting is where rudd decided to place the claims. he went on both side of the major in the flat and flanked the best claim knowing that the other claims on the hills or farther down stream are much harder to process. he seems to think that this is the one that punches his clock and if anyone would know, its him. really interesting stuff and timing wise looks ripe for investment while everyone has gone to sleep with this. anyhow much luck and keeping eye out.
nice write up on this here company....
https://www.bloomberg.com/news/features/2017-03-29/the-great-nevada-lithium-rush-to-fuel-the-new-economy
Another turn of the screw for the London lead market:
08:28 EDT, 27 March 2017
By Andy Home
LONDON, March 27 (Reuters) - What you see is not what you get.
This is a truism for any metal stored in London Metal Exchange (LME) warehouses but it is particularly relevant in the lead market right now.
At a headline level there is plenty of metal in the LME storage system, 190,200 tonnes of it. The year-to-date change has been a marginal decline of 4,700 tonnes.
Scratch beneath the surface, though, and things look very different.
After a second major raid on LME lead stocks last week, only 77,925 tonnes of that headline figure are in the form of "live" warrants, available for contract settlement.
All the rest of it, 112,275 tonnes, or 59 percent of the total, are now in the form of cancelled warrants, available for physical load-out but not for LME trading purposes.
This scramble for units leaves the London contract vulnerable to cash-date tightness.
But will paper market tightness be accompanied by physical market tightness? Because that seems to be the rationale for the double-wave of LME stocks grabs this year.
The LME's daily stocks report released last Tuesday (March 21) showed total lead cancellations of 43,625 tonnes, split across the Dutch ports of Vlissingen (33,150 tonnes) and Rotterdam (5,600 tonnes) and the Belgian port of Antwerp (4,875 tonnes).
It followed a similar-sized raid in January with the South Korean port of Busan accounting for the bulk of that month's cancellations.
LME lead stocks have seen this sort of mass cancellation before. Metal departed one location only to reappear in another location a month or so later, a sure sign that warehousing storage costs rather than a physical shortage of units was the primary driver.
This time appears to be different with all the market chatter suggesting that metal is being hoarded in expectation of a tightening physical market.
And, perhaps tellingly, while the January stocks raid was laid at the door of the "usual suspects", namely the handful of trading houses that are involved in physical lead merchanting, the most recent was attributed to a new face on the lead block.
The lead story, it seems, is starting to attract a wider audience.
TIGHTNESS TOMORROW...
LME open tonnage is now at its lowest level since May 2013, when it touched 52,600 tonnes, itself the lowest level since 2009.
This shrinkage in liquid stocks promises more tension across the front part of the LME lead curve.
The benchmark cash-to-three-months spread flexed out to a $25.25 per tonne backwardation at one stage in January.
It ended last week valued at a relatively benign $10.50 contango but further tightness looks to be a question only of time unless exchange stocks rebuild soon.
But what of the physical market?
Lead bulls argue that this too will tighten up later this year, following a similar trajectory to that mapped out for sister metal zinc.
As with zinc, there is already tangible evidence of tightness in the raw materials supply chain. Treatment charges for lead concentrate are currently at multi-year lows of around $20 per tonne, meaning smelters are having to accept wafer-thin conversion margins simply to get in enough material.
And as with zinc, the betting is that this scarcity will translate into a similar shortage of units in the refined lead market.
...BUT NOT TODAY?
Quite evidently, it's not happened yet. If it had, the metal that was cancelled in January would already have been loaded out of the LME system. But it has largely stayed in place, biding its time.
This unfolding bull lead story, mirroring that in zinc, is all about timing. But is it a fast-fuse narrative or a slow burner?
Bulls hoping for the former will take heart from a surprise in the most recent Chinese trade figures for the month of February.
Imports of lead concentrate continued declining over the first two months of the year, attesting to those stresses in the raw materials part of the supply chain
But imports of refined lead also jumped to 9,500 tonnes in February. That may not sound like much but the last time China imported so much refined lead in a single month was in June 2009.
The country has tended to be a small net exporter in the intervening period.
Since China is particularly exposed to any concentrates tightness due to the size of its smelting-refining sector, it's tempting to see this jump in metal imports as a sign that tightness is already being transmitted into the refined market.
One month's data, however, does not a trend make.
There are no obvious red flags that China is running short of lead metal.
Stocks of lead registered with the Shanghai Futures Exchange (ShFE) have risen by 45,450 tonnes since the start of January to a current 74,176 tonnes.
The structure of the Shanghai contract is one of contango through August this year, implying no pressure on spot availability.
And the arbitrage with London which briefly opened to imports prior to the end of 2016 has closed again.
A QUESTION OF SCRAP
The next few months' trade figures out of China will bear close scrutiny.
But there is little to suggest right now that February's import spike is anything other than a fleeting arbitrage-driven phenomenon.
The pressures building in the mine concentrates supply are expected to take longer to feed through into the refined metal market.
As ever with lead, though, bullish expectations could yet be undone by what happens in the secondary (scrap) part of the market.
Scrap metal supply is one of the least visible parts of any industrial metal market. And lead is no exception. The problem with lead, though, is that scrap is such a large component of total supply.
The world's mines produced 4.7 million tonnes of contained lead last year, representing around 42 percent of total usage, according to figures from the International Lead and Zinc Study Group. The gap was filled by secondary lead.
To what extent scrap supply can flex to offset any tightness in the rest of the lead supply chain is perhaps the biggest "known unknown" in the market.
But quite evidently there are several players prepared to bet it can't.
Anglo's Billionaire Investor Puts Mining on Cusp of M&A Era
March 17, 2017, 6:12 AM PDT
Anil Agarwal’s surprise move into Anglo American Plc suggests the mining industry may be on the cusp of a new wave of deals.
For years, Anglo has been the subject of takeover speculation and during the worst of the commodities crisis it seemed on the verge of a breakup. It spent last year getting back on firmer footing, but the 2 billion pound ($2.4 billion) investment by one-time Anglo suitor Agarwal has sparked the return of speculation about the company’s future.
“I’m pretty sure every investment banker in London is running around, dusting off old pitch books and going to every major in town,” Paul Gait, an analyst at Sanford C. Bernstein Ltd. in London, said by phone. “This feels to me a little like the last cycle, when the first mover precipitated a round of consolidation.”
Agarwal’s strategy is still unclear, but $21 billion Anglo has a vast collection of some of the best mining assets in the world. If the assets are split, it would represent the most significant change to the mining industry in years and likely attract rivals including Rio Tinto Group and Glencore Plc.
Anglo shares slipped 0.5 percent to 1,291 pence on Friday, paring yesterday’s 8.6 percent advance.
After a failed approach to merge Hindustan Zinc Ltd. with Anglo last year, Agarwal said the combination was a “good match” and that “one and one wasn’t going to be two, but 11.” The Indian billionaire is known for running a complex web of commodity producers through a holding company, Volcan. It has a controlling stake in Vedanta Resources Plc, which in turn controls Vedanta Ltd. and Hindustan Zinc.
The unusual deal that Agarwal structured to become Anglo’s second-biggest shareholder means the Indian mining tycoon is probably more interested in the assets, than betting on the share price, according to analysts including Amos Fletcher at Barclays Plc.
Agarwal isn’t using his fortune to buy the shares. He’s borrowing from bond investors through a three-year note paying a coupon of 4.125 percent. The structure means he effectively rents the shares until the bond matures, with little benefit from a rising stock price.
“Agarwal is anticipating some sort of action,” said Jeremy Wrathall, head of mining research at Investec Plc. “We’re certainly going to see a new M&A phase in the industry.”
Anglo’s Chief Executive Officer Mark Cutifani told analysts that Anglo hasn’t spoken with Volcan, and would expect to interact with them as any other shareholder, according to a person present at a meeting on Thursday.
“Things are starting to turn and this will be a step in a medium-term play, which others are going to be watching very carefully,” said Raj Khatri, head of metals and mining for Europe at Macquarie Group Ltd. in London.
Among the big miners, there’s a lot of appetite for high quality assets. Rio Tinto and BHP Billiton Ltd. have publicly said they want more world-class copper mines. Rio CEO Jean-Sebastien Jacques said in December that he’d be interested in diamond assets. Anglo American owns an 85 percent stake in De Beers.
Still, there are obvious hurdles to more consolidation. The mining industry is still recovering from a commodities crash of 2015, and investors may be unwilling to support any increase in debt needed for blockbuster deals. Another complication is that Anglo, Rio and BHP are all transitioning to their next chairmen over the next year.
Any takeover or breakup of Anglo would also be politically sensitive across Southern Africa. The biggest shareholder, South Africa’s Public Investment Corp. has repeatedly disagreed with plans to sell assets in the country piecemeal. Botswana, the source of two-thirds of De Beers diamonds, can renegotiate its agreement with the company if ownership changes.
Still, Agarwal’s move is a “fascinating development,” Michael Rawlinson, global co-head of mining and metals at Barclays, said from London. “It’s too early to say whether this move will add to a flurry of potential deals, but this does give the sector some impetus.”
Lead Prices Will Trade At $2,800 By Year’s End
Feb 21, 2017 06:49AM ET
The 3-month London Metal Exchange lead price is still climbing. Source: Fastmarkets.com.
Lead has had a pretty wild ride over the past few months. After a big run in 2016, prices sold off in December, offering buyers a great opportunity to buy the metal as prices pulled back.
Prices are now back near new highs as bulls seem to be taking control again. For reasons we’ll see below, we expect momentum to pick up again on the upside.
According to the International Lead and Zinc Study Group, in 2016 refined lead supply exceeded demand by 11,000 metric tons in the global market.
The refined market is now near balance after seen a 32,000 mt surplus in 2015. In addition, a supply shortfall narrative is developing for this year.
Mine Output Continues to Decline
World lead mine production steadily declines. Source: MetalMiner analysis of ILZSG data.
Although a deficit is still not visible in the refined market, global lead mine output continued to decline last year. In 2016, there was a sharp decrease in Australian lead mine output mainly as a consequence of the closure of the Century mine in 2015 and a 100,000 mt cutback in lead output at some Glencore (LON:GLEN) operations. These reductions were partially balanced by a rise in China resulting in an overall global decline of 1.3%.
Treatment charges, which is what smelters charge miners for transforming raw material into refined metal, are a good indicator of what is happening in the concentrates part of the supply chain. Lead treatment charges have plummeted over the past few months. They are currently below $20 per mt, from $80 just three months ago. In this respect, lead is playing catch-up with its cousin zinc, in which the deficit for refined metal is more obvious.
In 2017 investors will be closely monitoring China’s numbers. The slump in treatment charges and the fact that China must get serious about controlling industrial metals output to solve its pollution problem could result in lower lead refined output this year.
What This Means For Metal Buyers
As with zinc, it might only be a matter of time before the squeeze on raw materials translates into a squeeze on refined metal.
Prices are currently holding well and could be setting up for another rally after digesting last year’s gains. Given the ongoing bullishness across industrial metals, we could see lead hitting $2,800/mt by year-end.
looks like things are starting to happen... news on opening of paroo maybe? or the JV with Riva Resources Ltd.? maybe news on the utah properties? or maybe news on the alaskan mining properties?? not sure what we will hear about first but something soon should be happening.
interesting......i guess that blows my theory out of the water.....it all comes down to the product and how well it works and sells i guess...gla
hi honeycomb, i think these shares have already been sold into the market and most of them going to the guy from boston or another large shareholder. this is just a guess of course but it would make sense looking at the chart and the way its trading this morning.
gm all... thanks for that detailed post... you sir are a trading god and deserve much credit...with that said and the news of more shares this morning, i think everyone else is right in their own way, shawn saying they need the money is correct, they do... honey saying its for production is right on the money too...in both cases you can say things are really moving along with innv and this is not a dead stock by any means...we need a trading range for now without flutie approval, and i say low end at 15 cents, high end at 25 cents for now....with approval...back to 60 cents for starters.thank you for every reply and all info...
ok...have a good night too... and thank you for all the info...
i dunno... but to be honest it almost looks like he may be running the company...in any case this looks like ground floor to me and we are heading for the bar in the penthouse with a few good news stories...
my take is that these large players are not here for peanuts and bad beer... the whole setup looks really good...i think we have a winner here...im going to start speading this around abit just as soon as i get my fill...GLA...
i was trying to find a time restriction on the filing but could not so you could be correct about selling some into upticks. i take it that you and shawn are somewhat negative on the stock here. is it the company itself or the stock price or just its products or biz model? it looks to me like they are just starting to turn the corner here and the ok from fda on flutie will be a short fuse when lit... please tell me where im going wrong with my train of thought? this looks ready for take off...i dunno been wrong before and i love to get lots of input...thanks for any reply...
thank you, right back at you with the love... i was doing some DD on the 25% share transaction from the boston company, and i found out a little about the real estate investor behind them... do you happen to know anything about it? looks like he may be in a position to be pulling some strings here... anyhow i really like the chart right here and both slow and fast stockastics look ready to pop...
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=innv&x=0&y=0&time=8&startdate=1%2F4%2F1999&enddate=3%2F10%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=8&lf=32&lf2=4&lf3=2&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
hi honeycomb, i would just like to thank you for all the effort you put in here. this really looks like it has the makings of an atm and have started a position. i am wondering if anyone here has tried the products themselves and would mind sharing how it worked for them? anyhow, thanks again honeycomb....
LEAD TODAY: Forming potential double bottom support
9th March, 2017 10:34 AM by
Analysis
So far, lead is undergoing a pullback after the strong rebound from the December 2016 low at $1,959.00 per tonne to the February 13 high at $2,458.50.
It just broke below the 100 DMA but the 50% Fibo of the December 2016 low–February 2017 high at $2,208 per tonne is acting as nearby support for now.
Should lead prices close higher today, it has the potential to form a rather bullish double bottom formation.
Nearby overhead resistance resides at the 50 and 20 DMAs which are about to complete a cross-over. A break above is likely to relieve some of the selling pressure but should further downside materialise, lead is likely to test the next technical support at the 61.8% Fibo at $2,149.81 per tonne which will coincide with May 2016 low UTL(see chart above).
The daily RSI remains weak and is treading lower at 41.95. Meanwhile, the stochastic fast line has completed a bearish cross-over which indicates decent selling interest.
Against such a technical backdrop, we remain cautiously bearish towards lead prices.
Macro drivers
Risk-off sentiment continues to plague the base metals complex. Prices are off to a weak start due to follow-up selling activity in the early Asian trading session. Lead stands out because it suffered the biggest decline, down 1.6% as of the time of writing and trading as low as $2,203.00 per tonne.
Lead’s net long fund position (NLFP) declined for the third consecutive week. It now stands at 19,132 lots as of March 3 after fresh selling of 1,019 lots which was offset by 406 lots of buying. Given the already low level of gross short positions, money managers may have found value in actively increasing their bearish exposure and this should keep sellers in control. There was buying but the fresh addition reflects the lack of conviction among money managers and it is likely to put lead prices under selling pressure again, we feel.
Tightness has returned to nearby spreads as the previous contango in the cash/three-month has reverted to backwardation of $1.25. The presence of a dominant warrant holder, holding 30-39% of the available warrants, suggests that the metal is held in tight hands. As well, the March contract remains dominated by shorts that collectively hold 50% of open interest. With only four entities and collectively holding just 40%, there are insufficient longs in the market to cover shorts that wish to roll-over their positions.
Premiums were stable but heavily bias to the downside due to the strong LME price which discouraged spot demand. High levels of domestic inventory and the recent ramification of currency demonetisation in India have resulted in weak demand for the metals despite being the busiest month for restocking. Elsewhere in Southeast Asia, things are relatively quiet too with average premiums at $50-90 per tonne for 99.97% and $90-110 for 99.99% lead material.
Other development
Tightness in the concentrate market is rather apparent as Chinese trade data alone showed a 25% decline in concentrate imports in 2016. Shuttered key zinc mines are taking a toll on the overall global output of lead concentrate. TCs remain on low levels and some smelters are processing more scrap as a substitute to concentrates which are becoming scarcer. Higher LME prices have made secondary metals production viable and this is likely to increase supply into the market. But in the event that there are little to no concentrates, the already low TCs are likely to force smelters to reduce production of refined metals and that could be quite constructive for lead prices.
Conclusion
Should lead break below psychological support at $2,200 per tonne, the price action is likely to encourage additional selling momentum which could push the metal lower to test the next support level that sits at the 61.8% Fibo or the May 2016 low UTL (see chart above). At this technical juncture, dip-buyers will need to prove that they have the ability to absorb late selling, consolidate and build support to test higher again.
The short-term fundamental conditions are not supportive either. Total LME stocks saw a sizeable inflow of 675 tonnes in Antwerp and the recent backwardation is likely to encourage more metals into LME-bonded warehouses.
the funny thing is tommy, this will pop up again in time with a new story about some new venture that will chit wonders and phart blunders and the music will start again and the next time you will have a chair and be happy as a lark.... life goes on as a ihub stock trader.... love it or leave it bub....
ur kidding right.... you show up on ihub 5 days ago and ur first move is to buy this crap??? then complain you lost money??? i lost some 2 bud... do i blame the perfect slit that gave this 1 to me??? NO... i just chalk it up to desperate traders that play musical chairs here and hope they are the faqr and not the faqee when the music stops... so sorry for the long post but look at this as a lesson and not a loss... and just try and be the faqr next time...GL2U
LeadFX Secures $2M in Funding From Majority Shareholder
Canada NewsWire
TORONTO, Feb. 21, 2017
All dollar amounts are in U.S. dollars unless otherwise indicated.
TORONTO, Feb. 21, 2017 /CNW/ - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) announced today that it has received a $2 million unsecured, interest-free loan from Sentient Global Resource Fund IV, LP ("Sentient") to help meet its working capital needs.
Unsecured Promissory Note
Sentient has advanced LeadFX $2 million pursuant to an unsecured, interest-free, promissory note (the "Note"), repayable on June 30, 2017 and on the same terms as the prior promissory notes issued by the Company to Sentient. The interest-free advance by Sentient will enable the Paroo Station Mine ("Paroo Station") to remain in a restart-ready state while the Company works through an appropriate financing solution.
Rob Scargill, President and CEO said, "We have made significant progress in the past several months with the positive changes to Paroo Station's key operating conditions and we continue to build on that positive momentum. The additional $2M Note from our supportive majority shareholder provides a significant boost to the Company's working capital position and affords additional time to develop a restart strategy that meets the needs of all our stakeholders."
About LeadFX
LeadFX is a Canadian-based mining company focused on the development of lead-silver projects located in stable jurisdictions. Our current portfolio includes a restart-ready lead operation in Western Australia and exploration and development projects in Alaska and Utah, USA. The Company continues to seek opportunities at its new properties in North America to underpin future cash flow and growth. LeadFX trades under the symbol "LFX" on the Toronto Stock Exchange.
Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws. Examples of forward-looking information in this news release includes but is not limited to statements and information concerning the closing of the loan with Sentient, receipt of necessary approvals for the issuance of the Note, the intended use of proceeds of the Note, the timing for a decision on restart of the Mine, a potential restart of the Mine, the period of time to ramp-up operations at the Mine following any restart decision, the ability to secure restart financing and future LME lead price outlook. Forward-looking statements are often, but not always, identified by the use of words such as ''seek'', ''anticipate'', ''contemplate'', ''target'', ''believe'', ''plan'', ''estimate'', ''expect'', and ''intend'' and statements that an event or result ''may'', ''will'', ''can'', ''should'', ''could'' or ''might'' occur or be achieved and other similar expressions. Forward-looking information by its nature requires assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information, and readers are cautioned not to place undue reliance on such information. These statements are based upon certain reasonable factors, assumptions and analyses made by management in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. However, whether actual results and developments will conform with management's expectations is subject to a number of risks and uncertainties, including, uneconomic LME lead prices, treatment charges and/or exchange rates; the inability to meet or refinance our commitments to our current lenders; the inability to meet ongoing costs of care and maintenance and other working capital requirements; the inability to secure restart financing; lack of sufficient demand for our lead carbonate concentrate by an offtake party or other customers; and the inability to secure employees and contractors in a timely manner for a restart. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results, performance or achievement may vary materially from those expressed or implied by the forward-looking information contained in this news release. These risk factors should be carefully considered and readers are cautioned not to place undue reliance on forward-looking information, which is current only as of the date of this news release. All subsequent forward-looking information attributable to LeadFX herein is expressly qualified in its entirety by the cautionary statements contained in or referred to herein. LeadFX does not undertake any obligation to release publicly any revisions to this forward-looking information to reflect events or circumstances that occur after the date of this news release or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
SOURCE LeadFX Inc.
read the new filings for urself......
http://www.otcmarkets.com/stock/MEDH/filings
it looks like they are done..... GLA
hi jim, call this number and give us a full report about whats going on...
-877-225-0243- thanks for your efforts...
LeadFX welcomes Michel Marier to the Board of Directors
Canada NewsWire
TORONTO, Jan. 24, 2017
TORONTO, Jan. 24, 2017 /CNW/ - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) is pleased to announce the appointment of Michel Marier as a Director of the Company's Board of Directors, effective immediately. Mr. Marier is an investment manager with The Sentient Group Limited, an independent private equity investment firm which manages over US$2.7 billion in the global resources industry through the Sentient Global Resource Funds ("Sentient").
"We are delighted to welcome Michel as a Director of LeadFX," said Robert Metcalfe, Chairman of the Board of Directors. "Michel brings a wealth of knowledge to the Company as an investment manager for Sentient, the Company's majority shareholder. In addition, his experience overseeing strategic mining investments and his financial acumen will be key assets as we set our focus on a possible restart of the Paroo Station Mine."
Mr. Marier joined Sentient in 2009 as an investment manager. Prior to joining Sentient, Mr. Marier worked for several years in the Private Equity division of la Caisse de dépôt et placement du Québec. Mr. Marier is on the board of directors of 2 public companies and holds a Master's Degree in Finance from HEC Montreal and is also a CFA charterholder.
i see the point you are making. bottom line is, we are on the same page here...this company is in the right place at the right time for updating all the communication and other key services they provide for military, law and order things that will happen soon. gl2u
it looks to me like a massive bottom forming on the weekly chart right here but i must say im no professional....
http://stockcharts.com/freecharts/gallery.html?xgti
hi MR MET, just think about a PR saying they are getting in the MEDX pharm. cannabis market....my gosh with this float we would explode....
I second that pete...the weekly chart on this one tells the tale... its a zip code changer.... without a doubt
Kathy is in full control of this one and stands to benefit the most from success here so lets ROCK.... cheers MR MET...
short volume at over 50 % today....
http://nakedshortreport.com/?index=XGTI
The more I read about our CEO, the more I like her. Im going to try and call her and ask if they are thinking about some sort of "Cannabis ointment" or other related products sold through the MEDX brand. i did a little work on the ibox here, I hope no one is offended. I got a nice starter amount of shares and am going see what happens. GLA and thanks again MR MET
its her current bio on linkden...
Kathy Roberton serves as the CEO & Director for MedX Holdings. MEDH is a Wyoming corporation which functions as a holding company with one wholly-owned subsidiary MedX Pharmaceuticals, Inc. an Alabama corporation. MEDH together with MedX Pharmaceuticals has a Three Prong Approach to be rolled out in Three Phases. Phase One: MedX Pharmaceuticals is licensed as a Manufacture/Re-Packager/Wholesale Distributor of Pharmaceuticals in the state of Alabama. Our first product is a 5% Lidocaine Ointment (Pain) that has an approved ANDA (Abbreviated New Drug Application) and next, 1.5% Diclofenac Ointment, both having over 125 million scripts written per year. MedX will advance to be licensed in up to 49 other states within the next 12 months. MedX has structured agreements with Amneal Pharmaceuticals and Gemini Laboratories who are the FDA Approved Manufactures of Finished Dosed Drugs. Phase Two: We have 3 products to launch in the OTC realm, two we will manufacture and one we will have a licensing agreement on. This may prove to be our largest sector as a couple products are suited for Kathleen Roberton’s contacts who own very large network marketing companies.
this is looking good...im hangin over on stocktwits now and like the format very much. theres a board for this over there too, but old posts on it. some posted charts over there in 2012 ended at 10 bucks. not sure whats up now but just started lookin at it. heres the link....
http://stocktwits.com/symbol/MEDH?q=MEDH
interesting MR MET, i check it out for DD. good to hear from you :)~
LeadFX's Rosslyn signs MOU for Paroo mine farm-in, JV
2016-12-19 09:38 ET - News Release
Mr. Rob Scargill reports
LEADFX ANNOUNCES MEMORANDUM OF UNDERSTANDING COVERING COBALT EXPLORATION
LeadFX Inc. today commented on a proposed farm-in and joint venture arrangement recently announced by Riva Resources Ltd. (formerly, Dragon Energy Pty. Ltd.) relating to the exploration of cobalt, gold and copper on the company's mining tenements that cover its Paroo Station mine in Western Australia.
The company's wholly owned subsidiary, Rosslyn Hill Mining Pty. Ltd., has entered into a non-binding memorandum of understanding (MOU) with Riva relating to a farm-in and joint venture that would grant Riva the right to explore for cobalt, copper and gold on the company's mining leases and exploration licences at the Paroo Station mine. Riva is a mining exploration company that holds pending exploration licences on mining tenements adjacent to the Paroo Station mine. Under the terms of the MOU, Riva may earn up to a 75-per-cent interest in any prospective cobalt, gold and/or copper mineral rights discovered on RHM's mining tenements by incurring exploration expenditures totalling $6-million (Australian) over a four-year period. Riva would also grant the company reciprocal rights to explore for lead, zinc and silver minerals on Riva's neighbouring mining tenements on similar terms. Under the proposed terms, if Riva fails to meet required expenditures in the time required, it would forfeit all interest earned in the mineral rights. The parties anticipate a minimum exploration spend of $500,000 (Australian) by Riva on RHM's tenements during the first year of the farm-in period. Upon reaching a 75-per-cent interest in the mineral rights, Riva and RHM would enter into a formal joint venture agreement with respect to the mineral rights. LeadFX would maintain the exclusive right to mine lead at the Paroo Station mine.
LeadFX's chief executive officer, Rob Scargill, stated: "This MOU opens up a new cobalt exploration opportunity in the short term, whilst we focus on our plans to restart the Paroo Station mine, and, longer term, gives LeadFX a larger potential target area for future lead-zinc discoveries adjacent to our existing operations."
The commencement of the farm-in arrangement with Riva remains subject to the negotiation of definitive documentation by the parties, and the approval of the terms by LeadFX's board of directors and secured lender.
About Riva Resources
Riva Resources is an Australian Stock Exchange-listed exploration company controlling a portfolio of tenements in Western Australia. Riva presently holds three mineral projects that comprise nine tenements, and have exploration targets encompassing cobalt, gold, iron ore and base metals. In September, 2016, Riva announced that it had entered into an agreement to acquire the Tabac cobalt-gold project. The Tabac project consists of two exploration licence applications covering a combined area of 111.5 square kilometres. The Tabac project is located on the Goldfields Highway, 30 kilometres west of Wiluna, in the Northern Goldfields region of Western Australia, and sits adjacent to the Paroo Station mine.
About LeadFX
LeadFX is a Canadian-based mining company focused on the development of lead-silver projects located in stable jurisdictions. The company's current portfolio includes a restart-ready lead operation in Western Australia and a development project in Utah, United States.SVI
We seek Safe Harbor.
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nice digging flat..... very interesting indeed... i agree about the fact that never before has there been this much going on and so much coming up to look forward too... exciting times.... cheers
it looks like he converted some 5 cent options if im reading it right... i dunno we just need more news of mergers and so forth and updates from india and china... keep it rollin boys....
raoul is busy doing something on form 4.....
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11735040
HOLY GOOD GOD...the new guy is impressive...
https://ca.linkedin.com/in/chris-macpherson-51741b5
we have quite a company shaping up... good things to come...