City Investors Circle – London
Market Review for September 2019 has been published.
To access the update, please click HERE
To subscribe for all our updates and invitations to our free events, please email: andrew@city-investors-circle.com
City Investors Circle – London
Market Review for September 2019 has been published.
To access the update, please click HERE
To subscribe for all our updates and invitations to our free events, please email: andrew@city-investors-circle.com
Onecoin
Ruja Ignatova, the founder of Onecoin, a crypto ponzi scheme, has not been seen for some time and people are asking where is the so called “queen of crypto”?
Her brother, Konstantin was arrested in the USA and is held awaiting trial to answer accusations about the activities of Onecoin. Continue reading
Mineworx Technologies Ltd.{CSE: MWX}
Has granted an aggregate of 3.6 million stock options to directors, officers, employees and various consultants of the company.
The options are at an exercise price of 10.5 cents per share and valid for a period of five years from the date of the grant, subject to vesting provisions. Continue reading
Enviroleach Technologies Inc.
Has begun commissioning its 20-tonne-per-day e-waste recycling plant in Surrey, B.C., Canada.
Although construction is complete, minor changes were necessary to several processes and control systems in both the concentrate and chemical portions of the plant. Continue reading
Cabral Gold Inc. {TSX.V: CBR}
Announced the commencement of a follow-up program of diamond drilling at the Cuiú Cuiú Project, Pará State, Brazil.
The program is designed to extend and confirm continuity of high-grade (+10g/t gold) mineralised intercepts along strike and down-dip at the recently discovered Machichie zone. Continue reading
Bitcoin and crypto currencies
Bitcoin, down currently by 13.93% today, is leading the crypto market in a meltdown, for reasons currently unknown. Losses are across the board, with some lesser cryptos having larger falls in percentage terms
It may be coincidence that the trading of Bitcoin futures just commenced on the BAKKT Exchange. Continue reading
Litecoin {LTC}
Litecoin suffered a flash crash this morning, losing 10% of its value in the space of a few minutes.
The cause of the sudden drop is currently unknown, and it has now fallen 50% since June. The market cap is now $4.5 billion. Continue reading
Barkerville Gold {TSX.V: BGM}
Has been acquired by Osisko Gold Royalties in an agreed deal.
Under the terms of the arrangement, each shareholder of Barkerville (excluding Osisko) will receive 0.0357 of a common share of Osisko for each share of Barkerville held. The exchange ratio implies consideration of 58 cents per Barkerville share. Continue reading
Bitcoin {BTC}
The Chicago Mercantile Exchange (CME) has announced the introduction of options on Bitcoin futures contracts in Q1 2020. Continue reading
Strongbow Exploration {TSX.V: SBW}
An application to build new housing at South Crofty in Cornwall could threaten Strongbow Exploration’s plans to reopen the former tin mine adjoining the development land.
The local council will likely oppose the housing development due to the employment prospects the new mine would provide to the local community. Continue reading
Strongbow Exploration {TSX.V: SBW}
Was featured in the Industry News Review website, highlighting that ethical sourcing was leading to a revival of the Cornish tin industry, pioneered by Strongbow Exploration.
CEO Richard Williams explained that mining from ethical sources was becoming more important in today’s hi tech world, where tin is used for solder in devices. Continue reading
Irving Resources Inc.
Has signed a letter of intent with Sumitomo Corp. to engage in discussions concerning potential business transactions, including, but not limited to, investment in Irving and joint venture of Irving’s assets.
Such discussions are inclusive of Newmont Goldcorp Corp., an existing large shareholder of Irving. Continue reading
Barkerville Gold Mines {TSX.V: BGM}
Filed an independent preliminary economic assessment technical report on its Cariboo gold project, which has been prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects. Continue reading
Zen Graphene Solutions Ltd.
Closed its previously announced private placement, raising $1.05.
This will be used to finance work on the Albany graphite project, and for general corporate purposes. While the company received significant demand for the offering over the $1-million initial target, it limited the offering to $1.05-million. Continue reading
Minera IRL {CSE: MIRL}
It has been announced on the reputable website, IKN, that Minera has won their court victory versus COFIDE in Peru.
This is tremendous news for shareholders, and should multiply the share price when trading resumes on Monday. Continue reading
Crypto
Bitcoin continues to hover just over $10,000 despite political tensions escalating in the Gulf.
Germany and France oppose Facebook’s Libra proposed crypto currency. Continue reading
Oil
The price looks set to rise on Monday when oil trading markets reopen following drone attacks claimed by Yemeni Houthi rebels on Abqaiq, Saudi Aramco’s largest plant, and a lesser attack on the Khurais oilfield.
This is an escalation of the Yemeni proxy war between Saudi Arabia and Iran, and the consequences could be severe if Iran is blamed. Continue reading
Neometals {ASX: NMT}
Published their full year accounts to June 30th 2019. Continue reading
Cabral Gold {TSX.V: CBR}
Announced they had completed soil sampling at their Cuiu Cuiu gold project in Para Para state, northern Brazil.
Cabral also announced a diamond drill program. Continue reading
Strongbow Exploration Inc. (TSX.V: SBW)
Reported that, pursuant to receipt of disinterested shareholder approval at its recently AGM, it has concluded the agreement (the “Royalty Purchase Agreement”) with Osisko Gold Royalties for the settlement of a $1,500,000 loan to the Company in return for the transfer of a royalty on Westhaven Ventures Inc.’s Shovelnose property
The loan was granted to Strongbow in 2016 for the purpose of purchasing royalties on the Mactung and Cantung tungsten projects: Continue reading