Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Michael McCarthy Senior Advisor QuestCap on COVID-19 Research
https://player.fm/series/series-2342421/michael-mccarthy-senior-advisor-questcap-on-covid-19-research
QuestCap Inc Makes Million Dollar Investment for Pandemic Research
Will QuestCap's Recent Investment Help To Find A Cure? QuestCap Invests 1 Million Into Sunnybrook
Technically the chart is very strong so far today. Bounced off the 50 day MA and back to the upper Bollinger Band.
In for a big move if it continues to follow that band upwards.
Yup caught the dip this time. Looking for any where from 20-50% by early Feb.
Sitting on the upper Bollinger Band, still room to run. No resistance until .95
Tried for some at $1 but didn't get filled. ITs sitting right on the trend line imo.
International Lithium Reports $1 million Budget for the Avalonia Lithium JV, Ireland
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, together with joint venture partner GFL International Co. Ltd., a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium" or "GFL"), the adoption of a 2018 budget for continued work at the Avalonia lithium pegmatite project ("Avalonia JV") in Ireland, a joint venture between the two companies
The ownership of the Avalonia project is currently 55% GFL and 45% ILC. GFL have an option to earn an additional 24% by either incurring CDN$10 million expenditures on exploration activities or delivering a positive feasibility study on the project, at which time the ownership will be 79% GFL and 21% ILC.
On December 27, 2017, ILC and Ganfeng Lithium approved a budget for the 2018 calendar year for the Avalonia JV. The budget calls for Euro 705,000 (approximately CDN $1 million) to be invested in the Avalonia project. The budget covers ongoing exploration and evaluation work, administration fees and continigencies.
Work currently planned for 2018 is to follow up on the 2016 exploration results, in particular at the Moylisha target area, where extensive boulder trains of spodumene-bearing pegmatite assaying up to 4.59% Li2O* have yet to be traced back to source.
https://www.marketwatch.com/story/international-lithium-reports-1-million-budget-for-the-avalonia-lithium-jv-ireland-2018-01-11
Developments in the Internet of Things Market
NEW YORK, January 10, 2018 /PRNewswire/ --
According to a report published by Marketsandmarkets, the Internet of Things (IoT) market size is expected to grow from USD 170.57 billion in 2017 to USD 561.04 billion by 2022, at a compound annual growth rate of 26.9 percent. The report indicates that the increasing adoption of cloud platforms and the developments of advanced data analytics are some of the main factors that drive the internet of things market. North America is expected to dominate the market during the forecast period as the North American companies invest heavily in R&D. GTX Corp. (OTC: GTXO), Intermap Technologies Corporation (OTC: ITMSF), Gopher Protocol Inc. (OTC: GOPH), Ability, Inc. (NASDAQ: ABIL), Inpixon (NASDAQ: INPX)
The report also point out that service will be the fastest growing segment in the market during the forecast period, "the integration of new services and solutions into the company's contemporary functioning system or the infrastructure necessitates the company to be acquainted with comprehensive detailed insights about the services. Additionally, the organizations also need to have an in-depth knowledge about the benefits that the new service can offer to their customers and employees. This knowledge is provided through a specific set of channelized services offered by the IoT service providers, and sometimes the solution providers themselves."
https://www.prnewswire.com/news-releases/developments-in-the-internet-of-things-market-668595213.html
Whelp they closed the gap down at least. Hopefully back to the 30's now
Blockchain + INPX = MOON SHOT!
INPX...market cap only 5m...could go 5 or 10x from here.
International Lithium and Ganfeng Lithium Approve $17M Budget for Mariana JV, Argentina
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2018) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce, together with joint venture partner Mariana Lithium Co. Ltd. (("MLC"), a subsidiary of Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium")) the adoption of a 2018 budget for continued work at the Mariana lithium brine project ("Mariana JV") in Salta, Argentina, a joint venture between the two companies. Current ownership of the project is through a joint venture company, Litio Minera Argentina S. A., a private company registered in Argentina, ownership of which will be 82.754% by Ganfeng Lithium and 17.246% by ILC. In addition, ILC has an option to acquire 10% in the Mariana project through a back-in right.
Highlights of the US $17 million budget for 2018 include:
continued natural evaporation studies;
membrane separation studies;
aquifer characterization studies;
preliminary economic assessment ("PEA"); and
pre-feasibility studies ("PFS").
On December 27, 2017, ILC and MLC unanimously approved the budget for the 2018 calendar year for the Mariana JV. The budget calls for US $14,044,000 (US $17,343,517 including contingencies and administrative fees) to be invested in ongoing exploration and evaluation work including continuing studies that will be used to formulate a basis for a PEA, which is expected to be completed in the first half of 2018. The results of the PEA will be used to determine the course of action for pre-feasibility studies expected to be conducted throughout the remainder of the year.
https://finance.yahoo.com/news/international-lithium-ganfeng-lithium-approve-151300263.html
Great news yesterday for next Q...market is reacting positively!
This stock is tiny...3.6M Market Cap...can't even buy 100K without moving the dial.
Won't take much to double from here.
Hard Creek Nickel Announces Change of Name to Giga Metals Corporation
VANCOUVER, British Columbia, Aug. 17, 2017 (GLOBE NEWSWIRE) -- Hard Creek Nickel (TSX-V:HNC) ("the Company") announced today that it will change its name to Giga Metals Corporation to better reflect the new direction of the Company in its search for new opportunities in the battery metals sector.
The Company intends to become a minerals company offering direct exposure to nickel, cobalt, and possibly other integral raw materials in electric vehicle (“EV”) and battery energy storage markets. The Company’s Turnagain project represents a significant nickel-cobalt resource and serves as a core project for the Company’s new business focus. The Company is currently evaluating other battery metal projects as potential acquisitions.
EVs have entered into the mainstream at economically attractive price points to the mass market. Increasing demand for EVs is expected to drive investor demand for battery metals, particularly nickel and cobalt, which are important components in batteries.
Management intends to pursue a business model that offers direct and long-term leverage to nickel and cobalt price appreciation through owning substantial projects containing these two metals and possibly other battery metals.
“Our new name reflects our focus on the raw materials needed for modern electric batteries,” said Mr. Jarvis. “Nickel is one of the principal materials in EV batteries. Cobalt, which is a significant byproduct of our Turnagain nickel deposit, is a second critical component of the batteries used in EVs. We are also actively looking for other acquisition opportunities in the battery metals space.”
The name change is subject to regulatory approvals.
Giga Metals Corp, formerly Hard Creek Nickle Corp
Giga Metals Corporation is focused on metals critical to modern batteries, especially those used in Electric Vehicles and Energy Storage. Nickel and Cobalt are metals of particular interest. The Company's Turnagain Project, a nickel and cobalt resource located in northern British Columbia, is a core asset which contains substantial quantities of these two critical battery metals. Giga is actively seeking other projects in the battery metals space with the goal of building a portfolio of quality assets capable of supplying critical materials to the battery industry.
Website: http://www.gigametals.com/s/Home.asp
This non-sense shakes my faith in the management.
Was going to add to my position, I'm just but going to hold for now
Just took a small position in this stock.
Had a large gain on one of my Lithium stocks, so I took that profit and put it here for exposure to Cobalt & Nickle.
Would have liked to get in cheaper, but I still like the chart - nice cup base.
Down AH
Most recent update (10/2017) for ILHMF:
https://internationallithium.com/international-lithium-provides-update-exploration-strategy-mavis-lithium-project-ontario-canada/
Here is an older article but gives a good summary of the current business:
https://seekingalpha.com/article/4047698-international-lithium-partnered-succeed
From a technical perspective, even though the drop seems harsh, the stock has only pulled back to the 20DMA.
If it can hold here a move sideways for a few weeks, it would set the stage for the next rally up.
I have no position yet, but looking to enter after some consolidation.