TRON (TRX) Now Supported on Ledger Nano S

Ledger Nano S supports TRON

Ledger Nano S supports TRON: TRON (TRX), the world’s eleventh largest cryptocurrency by market cap, has just made the big announcement that it is now supported on the popular cold storage wallet the Ledger Nano S.

Thanks @LedgerHQ for supporting $ TRX on your hardware wallet Ledger Nano S! pic.twitter.com/QoyDb9zbzF

— Justin Sun (@justinsuntron) July 18, 2018

But things don’t appear to be all sunshine and rainbows just yet.

Connection Issues

One user reported an error when trying to connect to TRON on the Ledger Nano S.

anyone else …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

2009 $20 MINNEAPOLIS FED SOI PRESS PMG 66 EPQ L@@K NR

$40.00 (0 Bids)
End Date: Friday Jul-20-2018 19:47:42 PDT
Bid now | Add to watch list

View full post on

2017 1oz Silver Eagle PCGS MS70 – First Strike – West Point Label

$37.99
End Date: Thursday Jul-26-2018 7:51:37 PDT
Buy It Now for only: $37.99
Buy It Now | Add to watch list

View full post on

Bitcoin Price Rallies to Upper Channel – What Next?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62733.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

3 Factors That Could Boost Gold’s Performance in the H2 2018

The World Gold Council’s (WGC) Mid-year Outlook Report for 2018 has been released, and it notes that gold was down more than 4 percent in Q2.

The council believes that despite a dismal performance in the second quarter of this year, the precious metal will rally due to positive but uneven economic growth, trade wars and their impact on currency and rising inflation and an inverted yield curve.

“[G]old’s price momentum and investor positioning in derivatives markets has accelerated its descent. We believe, however, that there may be reasons to be more optimistic during the second half of the year,” the WGC says in the report.

Here’s a look at three key macro trends that will influence the yellow metal’s behavior in the second half of the year, according to the WGC.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

1. Positive but uneven economic growth

One of the first factors that WGC believes will positively impact gold for the remainder of 2018 is economic growth, even if its patterns are uneven from region to region.

“Global growth has generally been increasing over the past couple of years. But this growth has not been consistent across regions. As we look forward, however, we see support for gold from key regions,” the WGC states.

The first region where the WGC sees support for the yellow metal is in China.

The report states, “[a]s China has transitioned from an investment-driven to a consumption-driven economic model, its growth rate has slowed slightly. However, as it becomes less dependent from foreign investment and solidifies its leading role in Asia, China’s economic expansion will likely be more robust.”

The WGC believes that China’s expanding economy, paired with the size of the Chinese local market, will likely produce positive results for gold.

The WGC also believes that India will prove successful for gold in Q3 and beyond.

“The second half of the year is usually positive for gold as the harvest and wedding seasons during the autumn provide seasonal support for the market. In addition, the economic policies rolled out by the government to draw the informal, cash-based economy into the formal sector are starting to translate into stronger economic growth: India’s Q1 GDP growth rate was close to 7.7 percent – making it one of the fastest growing economies in the world,” the WGC states.

Finally, the US economy has also been making gains since around 2016 and demand for gold jewellery has risen.

2. Trade war and its impact on currencies

While the WGC acknowledges that the US dollar has made impressive gains during the second quarter of this year, analysts are quick to note that all the reasoning behind the uptick cannot be placed on rising US interest rates as they have been increasing since 2016.

“It would be easy to apportion this trend to higher US interest rates, but rates have been increasing consistently since the end of 2016 – a period during which the US dollar generally depreciated. Instead, the dollar strength is due to a combination of two factors; continued easy monetary policy in other parts of the world [and] a perception that the US may be better placed to benefit from trade wars, at least in the short term,” the WGC says.

Despite these factors, several economists believe that an increase in tariffs, and thus the spike in trade war concerns, will eventually have a negative impact on economic growth. However, while this could decelerate gold demand slightly, its effect may be lessened by a weakened greenback, which, as history has shown, pushes forward the price of gold.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

 

3. Rising inflation and an inverted yield curve

While inflation has been rising slowly over the past few years, it now sits close to 2 percent in Europe and China, 2.9 percent in the US, and 5 percent in India, to show a few examples.

The WGC notes, “[l]ooking forward, the expansion of protectionist economic policies has significantly increased the risk that inflation will accelerate further. And companies facing higher tariffs will likely pass the bill to consumers. Historically, investors have used gold as an inflation hedge, with the result that its price has increased substantially when inflation rises above 3 percent.”

When a combination of high inflation and a decline in economic growth come together it can create a complicated scenario for central banks.

“This is especially true for the Fed, as its mandate includes price stability, full employment and moderate long-term interest rates,” the WGC adds.

As stock prices continue to rise, US bond markets are beginning to place greater probability on higher inflation and lower growth.

“On the one hand, TIPS and TIPS breakevens (a proxy for inflation) have continued to rise, but the nominal yield curve has flattened significantly and is close to becoming inverted,” the WGC says.

This is due to the fact that an inverted yield curve has proved to be a precursor to recessions in the US.

Although it is impossible to time the market, investors have generally benefited from holding gold during periods of economic decline.

As of 12:31 p.m. EST on Thursday (July 19), gold was trading at US$ 1,216.60 per ounce.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

The post 3 Factors That Could Boost Gold’s Performance in the H2 2018 appeared first on Investing News Network.

Investing News Network

Don’t Get Too Bullish on Gold

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62734.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Piedmont Delivers Scoping Study for North Carolina Lithium Project

A new scoping study from Piedmont Lithium (ASX:PLL,NASDAQ:PLLL) shows its lithium project in North Carolina will be able to produce 22,700 tonnes of lithium hydroxide per year.

The Piedmont project, which is set to have an initial 13-year mine life, will be developed in two stages to minimize upfront capital requirements and start-up risk.

According to the company, stage one will feature a capital investment of US$ 91 million for the mine and concentrator. Meanwhile, stage two, devoted to the chemical plant, will come with a US$ 252.6-million price tag and will be funded by internal cashflow.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

The 22,700 tonnes of lithium hydroxide will be produced at Piedmont’s chemical plant, which will be supported by a mine/concentrator putting out 170,000 tonnes per year of 6-percent lithium oxide low-iron spodumene concentrate. The asset is estimated to have average life-of-project cash operating costs of about US$ 3,960 per tonne.

The study sets the project’s annual EBITDA at US$ 220 million, with steady after-tax cash flow of US$ 170 to US$ 180 million. Its estimated after-tax IRR comes in at 56 percent, with its after-tax NPV sitting at US$ 777 million at a discount rate of 8 percent.

Piedmont’s president and CEO, Keith D. Phillips, said in a statement that the company is happy with the results of the scoping study, and emphasized that it will economically benefit North Carolina.

“The economic benefit of developing an integrated lithium chemical business in North Carolina, USA is now clear, driven by the exceptional infrastructure and human resource advantages of our location, as well as the competitive royalty and tax regime offered in the United States,” he said.

Phillips added, “[w]e look forward to an exciting period ahead as we work to enhance the Project even further through continued growth in our resource base and project life, and the evaluation of potential by-product credits.”

The company will now move forward with a prefeasibility study for the Piedmont project, targeted for completion in early 2019. The study will work on developing a by-product study, additional drilling on the core property and metallurgical studies.

As of 2:25 p.m. EST on Thursday (July 19), Piedmont’s share price was sitting at AU$ 0.185, up 5.71 percent. The company’s share price has increased 105.56 percent in the last year.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

The post Piedmont Delivers Scoping Study for North Carolina Lithium Project appeared first on Investing News Network.

Investing News Network

$100 2009A FRN San Francisco Fr#2187-L* PMG 66 EPQ **Replacement note**

$144.95
End Date: Wednesday Aug-15-2018 18:20:31 PDT
Buy It Now for only: $144.95
Buy It Now | Add to watch list

View full post on

2015 W SILVER EAGLE PCGS MS 70

$40.00
End Date: Sunday Jul-29-2018 17:10:26 PDT
Buy It Now for only: $40.00
Buy It Now | Add to watch list

View full post on

11 Crypto SuperHeroes!

Andreas M. Antonopoulos | Clark Kent (Superman)
@aantonop

Represents the best attributes of humanity and the ultimate force of good.

Andreas is an advocate for spreading awareness and providing educational content about Bitcoin (and decentralized cryptocurrencies in general).

He has written and published more than 200 articles on everything ranging from cryptography, security, distributed networks, cloud computing and Bitcoin, all the way to the ethics and politics of distributed systems. His recorded lectures and interviews on Youtube, provide technical and theoretical education on the subject of Bitcoin.

Andreas is a critically-acclaimed …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

Stock Market Technical Picture

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62736.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Andrew Miller: Lithium Deals, China’s Conversion Capacity and Prices

It’s been an interesting year so far for the lithium market, with many project developments, deals and forecasts impacting investor sentiment. As a result, many lithium-focused investors are wondering what’s next for the market?

At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to catch up with Benchmark Mineral Intelligence senior analyst Andrew Miller, who shared his insight on the lithium market.

Speaking about the current state of demand, Miller said demand growth in China had been a bit slower in the first half of the year, something he expects to improve in the second half.

“We are starting to enter that period where the electric vehicle demand is becoming a reality, is becoming a real driving force in the industry. And I think you’re going to see signs of that certainly in the second half of the year and moving into 2019, as we approach the ramp up in many of the megafactories,” Miller said.

Looking over to supply, the expert explained that despite the concerns seen at the start of the year, the key is in China’s conversion capacity.

He added, “the question then becomes where is the conversion capacity in China? And how much is actually really available? And then again, how much of that is going to be battery-grade material?

“From our perspective, we spend a lot of time on the road in the first half of the year visiting these plants, looking at the conversion facilities and making our own independent assessment of where we see that going. And we think there is going to be a bit of a bottleneck especially in terms of producing a battery-grade material,” Miller said.

In terms of deals, he expects the lithium market to see more partnerships and agreements, and potential investments between different companies in the supply chain.

“I think that’s just something that’s going to continue and escalate in the next couple of years,” he added.

Listen to the interview above for more insight from Miller, including his thoughts on Australia and South America, prices and what will be the key drivers of the market in the next few months.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Lithium in 2018

Your free report includes:

  • Expert commentary
  • Stocks to buy
  • Market forecasts

Give me my free report!  

The post Andrew Miller: Lithium Deals, China’s Conversion Capacity and Prices appeared first on Investing News Network.

Investing News Network

1976 $2.00 LOW REPEATER F00520052A – PMG Gem66 EPQ

$99.99 (0 Bids)
End Date: Friday Jul-20-2018 16:00:20 PDT
Bid now | Add to watch list

View full post on

2016 China Silver Panda (30 g) 10 Yuan – PCGS MS70 – First Strike Panda Label

$29.00 (7 Bids)
End Date: Thursday Jul-19-2018 17:18:40 PDT
Bid now | Add to watch list

View full post on

Genesis’ Peter Gabriel Invests in Blockchain Startup: Calling All Stations

Peter Gabriel invests in blockchain startup

Musicians have the resources to finance the things they support. Ordinary people try but often fail to have the required funding—which is why we tend to see celebrities investing in crypto and blockchain startups. The latest headline involving a celebrity moving into blockchain is as follows: Peter Gabriel invests in blockchain startup.

Peter Gabriel Invests in Blockchain Startup

You may remember Peter Gabriel as the former lead singer of Genesis, an English rock band formed in 1967.

Now, Gabriel, 68, is moving away from the music industry (so to speak) and into the blockchain …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

S&P 500 Just 2% Below Record High, But There’s More Stock Market Uncertainty

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62737.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Australia’s Santos Reports H1 Revenue of US$1.7 Billion

Santos’ (ASX:STO) sales revenue increased 16 percent in 2018’s first half, hitting US$ 1.7 billion, a jump the company has attributed to stronger commodities prices and higher oil sales.

In its Q2 report, Santos highlights production growth at its Cooper Basin and Western Australia assets, with Cooper’s gas and oil production rising 8 and 17 percent, respectively, from the previous quarter.

Meanwhile, Western Australia gas production was up 10 percent from the previous quarter due to higher demand and the launch of two new sales contracts.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

Santos’ second-quarter production came to 14.2 million barrels of oil equivalent (MMBOE), with the year-to-date amount hitting 28 MMBOE. The company’s Q2 output came in higher than it did in Q1, but its year-to-date output is lower than it was during the same period in 2017.

“Santos’ strategy has been to establish a low cost operating model that is designed to deliver strong cash flows through the oil price cycle,” Managing Director and CEO Kevin Gallagher said in the report.

“Our second quarter results demonstrate the strength of our diversified portfolio of core assets underpinned by a disciplined operating model and significantly stronger balance sheet,” he added.

Gallagher also pointed to the firm’s ability to achieve strong production results after a major earthquake in February that shut down liquefied natural gas (LNG) production in Papua New Guinea (PNG).

“The PNG LNG shutdown, combined with planned maintenance at our facilities in Moomba and Bayu Undan/Darwin LNG, reduced first half production by about 2 mmboe. Excluding these shutdowns, we would have delivered production growth from our core assets in the first half,” Gallagher said.

He continued, “[w]e remain on track to achieve our net debt reduction target in the second half of 2018, more than a year ahead of schedule, and we now have a significantly stronger balance sheet and cash flows to support our growth strategy.”

In the activities report, Santos details a balance sheet with cash and cash equivalents of US$ 1.5 billion and total debt of US$ 3.9 billion, with net debt at a total of US$ 2.4 billion.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

10+ Gold Stocks to Watch

Stocks.
Expert Insights.
Industry Stats.

Give me my free report!

The post Australia’s Santos Reports H1 Revenue of US$ 1.7 Billion appeared first on Investing News Network.

Investing News Network

**$100 Up & Down Ladders** Fr.2182 2006A Federal Reserve Note PMG 66EPQ/ 67EPQ

$5,775.00
End Date: Sunday Aug-5-2018 10:07:00 PDT
Buy It Now for only: $5,775.00
Buy It Now | Add to watch list

View full post on

2017 Mexico 1oz Silver Onza Libertad PCGS MS70 – First Strike – Flag Label

$49.99
End Date: Wednesday Aug-15-2018 6:07:35 PDT
Buy It Now for only: $49.99
Buy It Now | Add to watch list

View full post on

Gold Market Signal vs. Noise

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62735.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Chemesis International Inc. Increases Ownership Interest in SAP Global; Acquires California SAP Brand

Chemesis International Inc. (CSE:CSI), a vertically integrated global leader in the cannabis industry (the “Company”), announces it has increased its ownership stake in SAP Global (“SAP”) from 51% to 80%.  SAP is a California Corporation that controls legal cultivation and manufacturing licenses for the new state-of-the-art facility, where the Company will manufacture and distribute medical and recreational THC and CBD products for the California market.

With recreational cannabis legal in California, SAP’s flagship facility and operations strategically located in Cathedral City, California, have the legal standing necessary to meet the California medical and recreational application requirements, which in turn will facilitate the sale of over-the-counter and holistic cannabis products.

SAP is able to process up to 2,000 lbs of agricultural trim and yield as much as 200 lbs of clean, compliant cannabis oil per day at its flagship facility.  This capacity is intended to provide Chemesis with a consistent revenue stream with products that are essential to the industry and cater to both the medical and recreational cannabis markets in California.  To increase its ownership of SAP to 80%, the Company committed and paid an additional $ 700,000 CDN toward additional capital expenditures at the flagship facility.

The Company also is pleased to announce the acquisition of the California Sap brand and product catalogue, which includes the effective and easy to use cannabis oil Gramqul and Vape Cartridges.  As part of the acquisition for the California Sap brand, the Company issued $ 500,000 USD in stock at a deemed price of $ 1.00 CDN per share.  The stock is subject to a 36-month lock-up/leak-out.

“We are extremely pleased to be expanding upon the originally planned capacity at our flagship facility.  SAP’s management team has been consistently and highly awarded within California and the industry at large for over a decade with respect to its extraction techniques and oils, topicals, e-liquids, and other cannabis products utilizing THC, CBD, and full-spectrum cannabinoids.  The addition of the California Sap brand and products are great complements to the SAP facility and management and important milestones for Chemesis.  These efforts demonstrate Chemesis’ commitment to quality and efficiency in both medical and recreational markets and form the cornerstone of the enterprise we are building,” said Edgar Montero, CEO of Chemesis.

About Chemesis International Inc.

Chemesis International Inc. is a vertically integrated global leader in the cannabis industry with current operations and facilities in Puerto Rico and California – locations that allow for cost-effective production and distribution of its products into key markets on a bi-coastal basis in the United States.  In addition, Chemesis leverages exclusive brands and partnerships and highly efficient, quality extraction methods to provide consumers with practical and innovative cannabis products.  Chemesis intends to add shareholder value by exploring opportunities in other emerging markets while consistently delivering quality products to its consumers from seed to sale.

ON BEHALF OF THE BOARD OF DIRECTORS
Edgar Montero
CEO and Director

INVESTOR RELATIONS:
ir@chemesis.com
www.chemesis.com
1 (604) 398-3378

Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable securities laws relating to statements regarding the Company’s business, products and future the Company’s business, its product offerings and plans for sales and marketing. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company’s products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend, to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

The post Chemesis International Inc. Increases Ownership Interest in SAP Global; Acquires California SAP Brand appeared first on Investing News Network.

Investing News Network

EOS is Breaking Transaction Processing Speed Records

EOS transaction speed: Transaction time is important. It has been a point of concern for many on the Bitcoin network for one, where congestion on the network has created a problem and transaction processing currently takes an average of 8-9 minutes.

In fact, transactions on Bitcoins network have ranged anywhere from 10 minutes to 30 minutes to even 7 days, 23 hours and 53 minutes at its peak in 2017.

But then there is EOS.

EOS Transaction Speed Breaks Record

EOS is blowing transaction times out the window with its near instant …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

Sunken gold worth billions found?

A sunken Russian warship off the coast of South Korea has treasure aficionados buzzing once again.

The ship was a victim of the 1905 Russo-Japanese war.

It is supposed to be full of gold.

In fact, the stories cite values that are so implausibly large that I don’t believe either.

A CNBC story says there is 200 tons of gold worth $ 130 billion.

The Daily Mail from Great Britain offers a slightly different figure, but still implausibly large.

It says $ 113 billion.

However, it also says, “Donskoi is believed to have been carrying the gold supplies of the entire Second Pacific Squadron when it sank, which would be worth $ 133 billion at today’s prices.”

Why don’t I believe the value numbers?

While I can believe the ship had an entire payroll aboard, my doubts come from simply doing the math.

A quantity of 200 metric tons of gold means the ship was carrying 6.43 million ounces of gold.

The current gold bullion value for one ounce is $ 1,215.80.

That puts the value of the potential gold hoard at $ 7.8 billion.

Such a sum is huge. But it is nowhere near $ 130 billion.

The CNBC story reported 5,500 boxes of gold bars and coins.

I just did a story about an upcoming coin auction featuring three bars of Gold Rush gold from California.

These are very desirable items to American collectors.

Pre-sale estimates are roughly twice melt value.

If we value the gold bars on the Donskoi at twice melt, we can ratchet up the $ 7.8 billion to $ 15.6 billion.

That is bigger than huge, but still much less than $ 130 billion.

To reach $ 130 billion, the recovered gold would have to be all coins sold for 16.66 times melt value.

You can buy a common date Liberty Head gold $ 20 for $ 1,254.09 on the APMEX website.

Melt value is $ 1,176.

Would coin collectors pay $ 19,592.16 for this coin if it had been brought up as recovered treasure?

We aren’t that stupid.

Premiums are paid for treasure coins, but not like that across the board.

A Russian warship also is not likely to be carrying many MS-67 rarities of even Russian coins that might help the total value along.

I think it is more plausible that there is no gold at all on the ship than that it contains gold worth even the much lower $ 7.8 billion number.

But it is an interesting story despite the exaggerated gold value estimates.

Let’s keep watching.

Buzz blogger Dave Harper won the Numismatic Literary Guild Award for Best Blog for the third time in 2017 . He is editor of the weekly newspaper “Numismatic News.”

 

• Like this blog? Read more by subscribing to Numismatic News

Buzz – Numismatic News

Chemesis Increases Stake in SAP Global

Chemesis International (CSE:CSI) announced it increased its controlling stake in SAP Global from 51 to 80 percent.

As quoted in the press release:

SAP is a California Corporation that controls legal cultivation and manufacturing licenses for the new state-of-the-art facility, where the Company will manufacture and distribute medical and recreational [tetrahydrocannabinol]THC and [cannabidiol] CBD products for the California market.

With recreational cannabis legal in California, SAP’s flagship facility and operations strategically located in Cathedral City, California, have the legal standing necessary to meet the California medical and recreational application requirements, which in turn will facilitate the sale of over-the-counter and holistic cannabis products.

SAP is able to process up to 2,000 [pounds] of agricultural trim and yield as much as 200 [pounds] of clean, compliant cannabis oil per day at its flagship facility. This capacity is intended to provide Chemesis with a consistent revenue stream with products that are essential to the industry and cater to both the medical and recreational cannabis markets in California. To increase its ownership of SAP to 80 [percent], the Company committed and paid an additional C$ 700,000 toward additional capital expenditures at the flagship facility.

Click here to read the full press release.

The post Chemesis Increases Stake in SAP Global appeared first on Investing News Network.

Investing News Network

FR. 2014-B* 1950-D $10 *STAR* FRN FEDERAL RESERVE NOTE PMG GEM UNC-66EPQ FINEST

$199.95
End Date: Friday Aug-17-2018 17:09:21 PDT
Buy It Now for only: $199.95
Buy It Now | Add to watch list

View full post on

2017 Silver American Eagle MS-70 PCGS 225th Anniversary Label

$32.95 (1 Bid)
End Date: Thursday Jul-19-2018 10:58:46 PDT
Bid now | Add to watch list

View full post on

Bitcoin Price Analysis – Bullish Golden Cross on the Hourly?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62714.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

War Eagle adds 122 hectares to the existing Kirana Goodfish Property, Kirkland Lake

War Eagle Mining Company Inc. (TSXV – WAR) (“War Eagle” or the “Company”) is pleased to announce that it has completed the purchase of the Deloye Family Claims (“Deloye Claims” or “the Claims”) located in the northeast corner of Teck and the northwest corner of Lebel townships, Ontario, 3.1 km north of the Kirkland Main Break. (Figure #1, #2 and #3.)

Fig. No.1 – Location of the Deloye Claims and mine shafts, trenches, and deformations zones, contiguous with the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)
Fig. No.1 – Location of the Deloye Claims and mine shafts, trenches, and deformations zones, contiguous with the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)

Property Scale Map with new Deloye Claims and the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)
Property Scale Map with new Deloye Claims and the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)

Fig No.3: Goodfish Kirana Property Map with new Deloye Claims. (CNW Group/War Eagle Mining Company Inc)
Fig No.3: Goodfish Kirana Property Map with new Deloye Claims. (CNW Group/War Eagle Mining Company Inc)

 

Fig. No.1 – Location of the Deloye Claims and mine shafts, trenches, and deformations zones, contiguous with the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)Property Scale Map with new Deloye Claims and the Goodfish Kirana Property. (CNW Group/War Eagle Mining Company Inc)Fig No.3: Goodfish Kirana Property Map with new Deloye Claims. (CNW Group/War Eagle Mining Company Inc)

The Deloye Claims land package consists of eight patented mining claims, a total of 122 ha, with mineral rights on all eight claims and surface rights on four of the eight, bringing the current Goodfish Kirana land package to 3,418 ha from 3,296 ha. These claims contain the old shafts and trenches of the historical Kirana Kirkland Lake Gold Mine “Kirana Kirkland Mine”, which stopped production in 1936. The reported historical grades for the Kirana Kirkland Mine from the Ontario Department of Mines Vol.1 LVII (1) include “narrow high-grade streaks of $ 20 to $ 150 per ton in gold. The 2018 estimated equivalent is between 30 g/t of gold and 145 g/t of gold.

Under the terms of the acquisition, War Eagle has agreed to:

  • Pay to Diane Deloye (“Deloye”), the sum of one-hundred and fifty-five thousand dollars (CAD155,000) upon the closing of the Transaction. The Company also agrees to pay all reasonable legal fees.
  • Grant to Deloye a 1.5% royalty based on net smelter returns) (“NSR” or “Royalty”) on all mineral products produced from the Claims. The Company shall have the right to the buy-down or buyback 1% of the NSR for $ 1 million dollarsas per terms of the NSR Agreement.

Danièle Spethmann, President and CEO of War Eagle stated: “We are very pleased to have come to an agreement with the Deloye family on the acquisition of these claims. It is expected that the historic Kirana Kirkland Mine, located within the newly acquired Deloye Claims will be a rewarding exploration endeavor for War Eagle. The Mine’s historic shafts are located close to the intersection between the two major mineralized structures on our property, the Kirana Deformation Zone and the Goodfish Deformation Zone. Exploration on a small part of this land package was completed in the late 1980’s and the rest of the claims have not been efficiently explored to any depth for more than 30 years. We look forward to exploring this prospective ground and anticipate that it will generate positive results for War Eagle.”

History of the Deloye Claims

The patented claims and the surface rights have been owned by the Deloye family since the 1970’s.

The historical records from the Ontario Department of Mines report that up to 1917, the La Belle Kirkland Mines Ltd. developed six shafts and trenches. Shaft No.1 on claim L1751 was the most developed with an inclined shaft to a depth of 300 feet. This shaft was subsequently deepened to 360 feet, with 1,150 feet of lateral work undertaken at the 100 feet and 250 foot levels. In 1933, Kirana Kirkland Gold Mines Ltd. reported that they had conducted de-watering and chip sampling of shaft and underground levels and also some surface muck samples were taken and assays begun but not completed. The mine was subsequently closed at the outbreak of World War II.

Between 1988 and 1990, Minnova Inc. drilled seven widely-spaced drill holes (KIR 1 to 7, totaling 1,637.5 m) and completed ground geophysics and soil geochemisty. Drill hole KIR-3 located north of Shaft No. 1 (Claim L1751) reported an assay of 21 g/t over 0.3 m near surface. No further exploration work has been undertaken on any of the claims since.

(1)Burrow, A.G. and Hopkins, P.E. Ontario Bureau of Mines. “Boston Creek Gold Area and Goodfish Lake Gold Area” Vol XXIII, Pt. 2, 1916

About War Eagle Mining Company Inc.
War Eagle is a TSX Venture Exchange listed company focused on the exploration of gold in northern Ontario, Canada. The Kirana-Goodfish property is located five kilometers from the center of the Town of Kirkland Lake, Ontario where over 40 million ounces of gold have been produced. The property is approximately 10 km long by 3 km wide (34 km2) with numerous historical gold showings, historic mines and mineralized deformation zones that have been under-explored with modern technology.

This news release was prepared by management of War Eagle, which takes full responsibility for its contents as it relates to War Eagle.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This press release contains forward-looking statements. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. The forward-looking statements are based on certain key expectations and assumptions made by the Company. Although War Eagle believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because War Eagle can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. In addition to other risks that may affect the forward-looking statements in this press release are those set out in the Company’s management discussion and analysis of the financial condition and results of operations for the year ended March 31, 2017 and the third quarter ended December 31, 2017, which are available at www.sedar.com. The forward-looking statements contained in this press release are made as of the date hereof and War Eagle undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

For further information: please contact: Danièle Spethmann, P.Geo, President & CEO, War Eagle Mining Company Inc., (647) 344-3433, dspethmann@wareaglemining.com; Malcolm Burke, Director, War Eagle Mining Company Inc., (604) 220-2000, mburke@wareaglemining.com; Joanne Jobin, Investor Relations Officer, War Eagle Mining Company Inc., (647) 964 0292, info@wareaglemining.com

Related Links

http://www.brittoncapital.com

The post War Eagle adds 122 hectares to the existing Kirana Goodfish Property, Kirkland Lake appeared first on Investing News Network.

Investing News Network

Mastercard Files Another Blockchain Patent

Mastercard files Blockchain patent

Mastercard files blockchain patent: Mastercard has filed another blockchain patent. According to a US Patent and Trademark Office, the company filed the patent July 17. The new patent is aimed at consumer protection and blockchain payment transactions. 

The patent document outlines its main goal: to quicken merchant transactions that use cryptocurrencies. Currently, the length of time it takes to confirm and complete transactions is making exchanges with crypto’s difficult and inefficient. Even though the technology is already widely available that could make the whole process instantaneous.

The application includes an outline for a new …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

1976 $2 Two Dollar ((Minneapolis)) STAR Note • PMG 66 EPQ • I00036082* FR1935-I*

$219.00
End Date: Thursday Aug-16-2018 14:25:37 PDT
Buy It Now for only: $219.00
Buy It Now | Add to watch list

View full post on