Tag: Canada
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Bank of Canada raises interest rates by 0.75 percent
The Bank of Canada raised its key interest rate by 0.75 percent (three quarters of a percentage point) bringing the central bank’s key rate to 3.25%. This rate hike matches up with market and economist expectations. No surprise. Since March 2022, the Bank of Canada has increased rates by 300 basis points, the fastest pace…
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Pivotal central bank week ahead!
We are now in September which is historically the worst month for stock markets. Markets are currently mixed: The Dow Jones and the S&P 500 have turned positive at time of writing and the Nasdaq is looking to join in. However, the downwards trend still remains strong. This week kicks off what is going to…
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Flashback: Find someone to love you like the market loves Gold Mountain Mining (GMTN.V)
Originally posted June 22: If you invest in mineral exploration companies and know what you’re doing, I don’t need to tell you about Gold Mountain Mining (GMTN.V). You already know. GMTN is breaking all the rules of how you run an exploration company and making CEOs of other outfits look decidedly pedestrian in the process.…
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FansUnite (FANS.C) CEO Scott Burton talks to Jody Vance about online betting and how Canada is opening up gambling
Hey sports fans, meet market fans. Market fans, meet sports fans. Oh, you’re the same guys? Well that’s interesting, and a great reason to have FansUnite (FANS.C) CEO Scott Burton talking to veteran sport journalist and Equity.Guru talk queen, Jody Vance.
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Gold Mountain Mining (GMTN.V) JUST KEEPS KILLING IT – drilling program to widen as stock hits highs and insiders hoard shares
Let’s you and me assume you know nothing about mining, that you’re just a plain average ‘them’, minding your own business, maybe looking for an opportunity to make your cash multiply. Cool. Pleased to meet you. Have you heard about Gold Mountain Mining (GMTN.V)? The summary is thus: Unlike a lot of mining explorers, that…
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FansUnite (FANS.C) CEO applauds passage of bill legalizing betting on individual sport events
FansUnite Entertainment (FANS.C) CEO Scott Burton issued a statement following the House of Commons passing Bill C-218 on April 22, 2021. The bill, known as “The Safe and Regulated Sports Betting Act,” would make betting on individual sport events legal in Canada. Currently, it is only legal to engage in parlay-style bets, which are when…
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Canopy Growth Corp (WEED.T) makes $435m offer for Supreme Cannabis (FIRE.T)
In the annals of history, the concept of ‘win/win’ will be looked back on by future folk to be properly defined by today’s news Canopy Growth Corp (WEED.T) is making an offer for Supreme Cannabis (FIRE.T) at a $435m valuation. Admittedly, it’s not a win for those long underwater on FIRE stock, but acquisitions aren’t…
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Pure Extracts (PULL.C) looks to level up with dealers license application
At a time when many cannabis companies are enjoying bursts of investor interest, management at BC-based extractor Pure Extracts (PULL.C) must be getting frustrated as they roll out new contracts, new manufacturing lines, and advance in their pursuit of licensing that would allow them to break out into psychedelics. In essence, they’re hitting all the…
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North Arrow Minerals (NAR.V): A fancy, contrarian investment opportunity
Tulips were introduced to the Netherlands in the late 1500s and the country soon fell in love with the brightly coloured flowers. Their arrival coincided with the Dutch Golden Age, when control of lucrative trading routes to the Far East made the Netherlands a marine superpower and one of the world’s wealthiest nations. Trade and…
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Gold Mountain Mining (GMTN.V) is starting to bore me with all this effective management and kept promises
Do you ever get that feeling that you’ve written a story before? Weeks before and months before, and five times before and eight times before that? Whenever I see a Gold Mountain Mining (GMTN.V) news release come out, I get that sinking feeling in the base of my heart because I’ve got to do this…