TSX up for 7th session on banks, miners
Thu Sep 2, 5:01 PM
Thu Sep 2, 5:01 PM
- IM Story Please click on the IM to get the full story
Regards,
Don
Below are the best-rated Canadian stocks based on average Wall Street analyst ratings. Each analyst rating is assigned a number ranging from 1 to 5, with 1 being the highest rating (STRONG BUY) and 5 being the lowest rating (STRONG SELL). Then the average is calculated to represent the overall rating of a stock.
Ranking | Company (Ticker) | Average Rating Value | Average Rating
1 AlarmForce Industries (TSE:AF) 1.00 Strong Buy
2 Altius Minerals Corporation (TSE:ALS) 1.00 Strong Buy
3 Amorfix Life Sciences Ltd. (TSE:AMF) 1.00 Strong Buy
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Regards,
Don
| Website: | www.mirandagold.com |
Miranda Gold Corp. (TSX-V: MAD) is a well-financed junior gold exploration company with a large portfolio of 13 gold exploration properties in Nevada. Six of these properties are located within the Cortez Trend.
The company has ten of its projects joint-ventured with companies including Barrick Gold and Newmont Mining, which spent a total of $2.5 million on gold exploration of Miranda’s projects last
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Regards,
Don
China is seeking rare earth as many other Western Countries are doing the same.
The rush is on and I have located one Canadian Mining Company presently drilling for rare earth minerals in Greenland.The company has some initial drilling results ,but a long way to go. They are still waiting on other assay results from their initial drilling Program. This Company symbol is HUD.V on the Canadian Exchange.
First I want to present to you a Globe and Mail News article from Canada about the demand for rare earth minerals and it’s uses. Please click on the following Link or copy and paste into your Browser.
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Regards,
Don
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Don
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Don
| Symbol | Last | Change | % | |
|---|---|---|---|---|
| G.WS.G | GOLDCORP INC (TSE) | 6.97 | 1.07 | 18.14% |
| HZU | HB COMEX SILVER BULL PLUS (TSE) | 28.36 | 2.51 | 9.71% |
| FNV.WS | FRANCO-NEVADA CORP (TSE) | 5.79 | 0.49 | 9.25% |
| CVU.B | SEAVIEW ENERGY INC (CDNX) | 7.00 | 0.49 | 7.53% |
| FRG | FRONTEER GOLD INC (TSE) | 6.63 | 0.43 | 6.94% |
| HMD | HB S&P TSX GLOBAL BEAR (TSE) | 15.30 | 0.91 | 6.32% |
| HGU | HB GLOBAL GOLD BULL (TSE) | 14.31 | 0.81 | 6.00% |
| HNU | HB NYMEX NG BULL (TSE) | 7.36 | 0.39 | 5.60% |
| SLW.WS.B | SILVER WHEATON CORP (TSE) | |||
Regards,
Don
Moly Mines (ASX/TSX: MOL) has today advised that Hanlong Mining Investment Pty Ltd has today become the Company’s controlling shareholder following the settlement of the US$200 million equity and debt funding.
Hanlong has invested US$140 million for a 55% fully diluted interest in Moly Mines. In addition Moly Mines has fully drawn a US$60 million 10 year shareholder loan, provided by Hanlong at an interest rate of 10% per annum.
Moly Mines’ managing director Dr Derek Fisher said today, “This considerable investment from a highly respected substantial private Chinese group and represents a key milestone in the development of the world’s next major primary molybdenum mine at Spinifex Ridge.”
Regards,
Don
Mining News
The Managing Director for Galaxy Resources Ltd. (ASX:GXY), Iggy Tan, announced Tuesday that the company has signed sales agreements with 13 unnamed Chinese lithium cathode producers for the balance of its planned 17,000 tons output of lithium carbonate. Mr. Tan was bullish on the global lithium demand prospects, anticipating the price of lithium carbonate to climb to US $6,757 a tonne in 2015 from its current valuation of US $6,120. He anticipates that demand may increase three-fold to 300,000 tons in the next decade. Primary growth will be in China where current demand is about 20,000 to 25,000 tons a year. Galaxy Resources aims to be the world’s fourth-biggest lithium carbonate producer, spending US $135 million to build a mine at Mt. Cattlin in Western Australia and a processing plant in the Zhangjiagang Free Trade Zone in Jiangsu province of China. The mine is scheduled to start in August and the wholly owned battery grade lithium carbonate plant in China is anticipated to open in December. The markets have responded strongly to these developments with the share price appreciating almost 8.5 percent on the day to close at AUD $1.48.
On Monday, TNR Gold Corp. (TSX-V: TNR) announced a June 8 meeting date for shareholder approval of the previously announced spin-out of the company’s lithium and rare metals assets into its wholly-owned subsidiary, International Lithium Corp. The news release has demonstrated support in the market with the share price climbing over 21 percent this week from $1.22 on Monday to finish at the current valuation of $1.48.
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Regards,
Don
| ymbol | Last | Tick | Chg | % Chg | Open | High | Low | Volume |
| TDR:CA | 0.70 | ![]() |
0.23 | 48.94% | 0.50 | 0.75 | 0.50 | 66.85 k |
| FMA:CA | 0.02 | ![]() |
0.005 | 33.33% | 0.02 | 0.02 | 0.02 | 80.0 k |
| CAL:CA | 0.075 | ![]() |
0.015 | 25.00% | 0.065 | 0.08 | 0.065 | 2.65 m |
| FTG:CA | 0.45 | ![]() |
0.08 | 21.62% | 0.43 | 0.45 | 0.43 | 25.0 k |
| EG:CA | 0.24 | ![]() |
0.04 | 20.00% | 0.215 | 0.24 | 0.215 | 21.0 k |
| FRB:CA | 0.62 | ![]() |
0.10 | 19.23% | 0.59 | 0.68 | 0.59 | 534.23 k |
| BRB:CA | 0.83 | ![]() |
0.12 | 16.90% | 0.72 | 0.83 | 0.70 | 160.5 k |
| RIN:CA | 0.14 | ![]() |
0.02 | 16.67% | 0.12 | 0.14 | 0.12 | 90.85 k |
| GWI:CA | 0.07 | ![]() |
0.01 | 16.67% | 0.07 | 0.07 | 0.07 | 173.7 k |
| BSY:CA | 0.07 | ![]() |
0.01 | 16.67% | 0.065 | 0.07 | 0.06 | 383.2 k |
Regards,
Don

