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US Dollar Index Mini Crash Forecast

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62922.html
The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Neometals to Demerge Vanadium-Titanium Assets

Australia-based Neometals (ASX:NMT) is set to demerge its vanadium-titanium Barrambie asset in Western Australia into a newly listed company, the miner announced on Thursday (August 16).

The new entity, NewCo, will focus on feeding into China, which is experiencing a supply shortage. NewCo will develop the Barrambie project as a direct-shipping ore operation, and will continue to evaluate the use of processing technologies on site to produce high-purity chemicals in the future.

As a result of the demerger, Neometals will be able to increase its focus on the Mount Marion lithium project and the Kalgoorlie processing facility in Western Australia.

“The company has reached an inflection point where both business arms need dedicated management, independent corporate structures and financial resources to realize optimal value,” said Christopher Reed, Neometals’ managing director.

Neometals, which says Mount Marion hosts one of the world’s largest lithium-mining and concentration operations, is currently evaluating the possibility of processing its spodumene offtake rights from the asset into higher-value lithium hydroxide.

The company will also continue to advance its lithium battery recycling project to recover lithium, cobalt and other metal by-products.

“Neometals has an enviable lithium portfolio and a disciplined strategy to maximize risk and maximize returns from its lithium feedstocks. We understand the incredible potential of Barrambie, and with the application of the same staged development strategy we have used in the lithium business, we have every confidence it will become a globally significant operation,” Reed added.

According to the company, Barrambie is one of the world’s highest-grade titanium deposits and also hosts high-grade vanadium mineralization.

If the proposal is approved, the demerger will be completed in the March quarter of 2019, after which the company will seek a listing on the Australian Securities Exchange.

Neometals said shareholders will receive shares in NewCo that are proportional to their existing Neometals holdings. The company will also ensure NewCo is appropriately funded at the time the demerger is implemented.

On Thursday, shares of Neometals closed flat in Sydney at AU$ 0.30.

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.

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BTC Price Indicating a Bullish Trend Reversal? Jim Cramer May Disagree

BTC price

Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen.

However, the BTC price has moved back to above $ 6,000, which indicates a trend reversal could very well be in progress. 

And yet, Cramer has still thrown in the Bitcoin towel. He even did so on the day that Bitcoin crossed a high of $ 6,259. So what gives?

Jim Cramer BTC Price: Who Should We …

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Is Now the Time to Buy Gold and Silver for a Short Term Bounce?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62923.html
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Platinum and Palladium Make Gains, but Still in Bearish Territory

Both platinum and palladium made gains on Thursday (August 16), despite previously falling to 10-year and 13-month lows respectively.

The precious group metals (PGMs) rebounded thanks to a weakened greenback, but were still shaky after falling in response to the ongoing currency crisis in Turkey, which began after US President Donald Trump imposed sanctions on the Middle Eastern country over the imprisonment of American pastor Andrew Brunson.

“The platinum and palladium markets are also feeling the bearish effects of a strong US dollar and the prospects of a world trade war diminishing demand for both metals,” said Jim Wyckoff of Kitco News.

PGM prices have also been effected by ongoing trade tensions between the United States and China and their tit-for-tat tarriffs.

“As the list of products includes metals, this led to a marked downturn in the metals markets, including a huge sell-off in precious metals. Platinum—a critical component in catalytic converters and an essential input in the chemicals industry—was hit due to its industrial usage exposure,” stated FocusEconomics in its most recent report.

Platinum has the additional pressure of being oversupplied because of its large presence in autocatalysts for diesel cars, which have fallen out of favor in recent years.

As a response to the waning interest in platinum, many top producers of the precious metal have declared that they will be reducing production and closing mines.

“Impala Platinum Holdings (JSE:IMP,OTCMKTS:IMPUY) the world’s second-largest platinum miner, stated on August 2 that it would be reducing production, closing several mines, and cutting jobs as part of a major restructuring plan to cope with the high maintenance costs,” noted FocusEconomics.

South African producer Lonmin (LSE:LMI) will be following suit.

Despite the declines and bearish forecast, some insiders believe that the market is close to a bottom and the price of platinum could actually be poised for a rebound because of that.

“Platinum could bounce back if speculative investors who have built the largest net short position in Nymex platinum for at least two decades decide prices have hit bottom,” said Standard Chartered (LSE:STAN) analyst Suki Cooper.

As for palladium, while it has been taking hits as of late, prices are still up from where they were last summer.

As with all of the precious metals, palladium prices are no match for the current landscape of a strong US dollar, broad sell-offs and the ongoing global trade war fears between the US and China.

Even in the face of these issues, insiders are still hopeful for the metal, with FocusEconomics stating, “the metal’s fundamentals are still supporting higher prices compared with last year. The palladium market remains in deficit as demand has outstripped supply for several years, and mine production remains lackluster.”

Going forward, palladium prices are predicted to rise in Q4 of this year thanks to a supply deficit and solid demand for the metal.

“[A] healthy US economy should support higher prices. The uncertain global environment, however, could stroke price volatility,” FocusEconomics noted.

As of 3:18 p.m. EST, platinum and palladium were trading at US$ 780 per ounce and US$ 883 per ounce respectively.

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.  

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Netcoins NIO listing Announcement picked up by NASDAQ and Bloomberg

Netcoins NIO Listing

Netcoins, a publicly traded company out of Vancouver, Canada recently announced it will list Autonio’s NIO token. As of August 30, 2018, NIO will be available at Netcoins retail locations throughout Australia, Canada, and Europe in addition to their OTC exchange. The listing announcement was recently picked up on both the NASDAQ and Bloomberg newswires.

https://www.nasdaq.com/press-release/netcoins-lists-nio-token-by-autonio-20180809-00941

https://www.bloomberg.com/press-releases/2018-08-09/netcoins-lists-nio-token-by-autonio

The listing will make Autonio available to thousands of people worldwide, and substantially lower the barrier of entry by adding three ways to purchase NIO with fiat. Once the listing is active, NIO can be …

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The Essence of Writing an Essay that Must be Understood

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62908.html
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Canadian Red Tape Slowing Exploration: Fraser Institute

The Fraser Institute has released a study concluding that Canadian jurisdictions are taking longer to issue relevant permits for mining exploration, weighing down the industry.

The study, titled Permit Times for Mining Exploration in 2017 said that there is certainly room for many of Canada’s provinces and territories to improve the exploration permitting process, and the considerable mining potential of the great white north was only some policy reform away.

“The permitting process for mining exploration is one area that is often overlooked in broader policy debates on mining,” said the study.

“Yet, uncompetitive policies in this area can increase the time, costs, and risks associated with exploration, potentially leading to reduced investment and decreasing the chances that a viable deposit will be found and eventually developed into a mine.”

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The survey quizzed mining companies operating across 23 jurisdictions in five countries, and included 9 of Canada’s provinces and territories, comparing them to American and Australian states as well as Finland and Sweden.

The Fraser Institute’s resident scholar and co-author of the study, Kenneth Green said that “an increasingly opaque and confusing application process for companies to explore for mineral deposits deters investment and ultimately hinders Canada’s ability to realize its considerable resource potential.”

In damning numbers, 53 percent respondents to the survey conducted by the institute indicated that the amount of time for permit approvals to come through in Canada has increased over the last ten years.

The survey, which asked five questions about the time it takes to receive permits, the transparency of the process and confidence in receiving approvals showed Canadian operators gave their jurisdictions poor grades for timing.

Here, the Investing News Network takes a look at the numbers as reported by the Fraser Institute. Note that each company that took part was of course self-assessing.

Timing

Three questions pertained to time, asking companies how long it took them to acquire the required permits, whether the amount of time had changed over the last 10 years, and finally whether or not the relevant jurisdictions met their own established timelines for permit approval decisions.

1. Times Waiting for Approvals

“In the Northwest Territories, 14 percent, and in Nunavut, none, of the respondents were able to acquire the necessary permits for exploration in two months or less,” said the study.

“The Yukon performs slightly better on this measure, as 29 percent of respondents indicated that they were able to acquire the necessary permits for exploration in two months or less. The pan-Canadian average for this measure is 39 percent.”

Extending the timeframe revealed most operators across Canada received permits in six months or less, bar Nunavut, where operators can expect to wait between 7 and 14 months.

The study highlighted British Columbia, Ontario and Quebec for their performances as they attract the most investment and projects, noting that responses from companies there were mixed.

“In British Columbia, only 18 percent of respondents were able to acquire the necessary permits for exploration in two months or less…British Columbia also underperforms compared to its main competitors in Canada for longer periods of time, having the lowest percentage of respondents (61 percent) among the three provinces who indicated that they expected to spend six months or less acquiring the necessary permits,” said the study, which also noted that the expectations of miners  in the Western province are dismal.

“39 percent of respondents for British Columbia indicated that they expected to spend more than 6 months to get their exploration permits, compared to 29 percent in Ontario and only 15 percent in Quebec.”

The study claimed that overall, Canada’s territories compare poorly in granting permits in a timely manner with provinces like Ontario and Quebec, which attract exploration investment for similar types of commodities. For example, 71 percent of respondents in Ontario, and 85 percent in Quebec, acquired the necessary permits for exploration in six months or less.

Compared to American and Australian states included in the survey, Canadian provinces don’t look too shabby. In America’s premier mining jurisdiction, Nevada, only 67 percent of operators received their exploration permits within 6 months or less, whereas the best performing Australian state, Western Australia saw 65 percent of operators receive their permits in the same timeframe.

2. Changes in Waiting Times

When it came to changes it time to approvals, Canadian miners are spending more time than ever waiting for the green light.

“In seven out of nine provinces and territories included, 50 percent of respondents or more said that the time to permit approval had lengthened over the last 10 years,” said the report.

Overall miners are waiting longer everywhere by their self-assessment.

72 percent of British Columbian operators said the amount of time for exploration permits had lengthened45 percent said the time had “lengthened considerably”, while in the US, 54 percent of Nevada miners were spending more time waiting, and 27 percent of Western Australians shared the same experience.

The worst-performing Australian jurisdiction was the Northern Territory, where 67 percent of miners were waiting longer.

British Columbia isn’t the worst Canadian jurisdiction for miners killing time thougha whopping 86 percent of Ontarian miners were waiting longer for their permits.

No miners in Saskatchewan reported longer wait times, with 67 percent saying they were waiting as long as before, and 33 percent saying they were getting their permits faster.

3. Bureaucratic Timelines

When it came to a jurisdictions own timelines, many Canadians are again being disappointed by the inner working of bureaucracy and the promises they are made.

The study said that set timelines were important for miners as they were factored into costs, and blowouts in waiting times could lead to blowouts in costs.

British Columbia and Manitoba performed poorly, with 18 percent and 11 percent of miners respectively getting their permits within the jurisdictions own set timelines “most of the time”.

In the middle of the pack were Ontario and Quebec, which sat at 46 percent and 40 percent, while Saskatchewan streaked ahead with 83 percent of miners giving their home jurisdiction good grades.

On the other end of the scale, 21 percent of British Columbian miners said the government “rarely met deadlines,” with 33 percent of Manitobans saying the same.

The worst performer was Nunavut, where 43 percent said the government was tardy.

Compared to the competition, Canada’s about on par. 58 percent of miners in Alaska gave the government good marks with the bureaucracy hitting its own milestones most of the time, while 29 percent of Nevada miners said the same.

In Western Australia, a healthy 61 percent of miners got their permits while none said the government rarely met their own timelines.

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Transparency

Moving away from the three questions on time, transparency was another topic queried, with miners asked how the level of transparency in the permitting process affected investment.

“When those prospecting for exploitable mineral deposits do not understand what the rules are or how they are applied, political interference and even corruption can enter the process, with the result that investment may be deterred,” explained the report.

Basically, this question asked miners whether or not they believed their home jurisdiction was showing them enough love and understanding.

At the head of the class for Canada is Saskatchewan again, with 67 percent of operators saying Regina “encourages investment” and the remaining 33 percent saying transparency wasn’t a deterrent at all.

Newfoundland and Labrador was in the same league, with zero miners indicating transparency was an issue.

Not so good news for British Columbia though. While 51 percent said they were comfortable with transparency in the province, 30 percent said the permitting process was a “mild deterrent”, 15 percent said it was a strong deterrent and 3 percent said they “would not invest due to this factor.”

It’s a similar story for Ontario and Quebec, with 50 percent and 60 percent respectively saying it wasn’t an issue, and the remainder indicating displeasure with the permitting process.

In this area, Australia looks far more attractive with Western Australian miners positively heaping praise on the bureaucracy of Perth48 percent said the government encouraged investment.

The worst-performing Australian state was New South Wales, where 68 percent said transparency was a mild or strong deterrent. In all other Australian states, the majority said the government was friendly, or posed no issues.

The Americans were less impressive, but still good compared to most Canadian provinces. Only one stateIdahoreturned a majority of miners indicating transparency deterred investment at 57 percent, while 75 percent of both Alaskans and Utahns said the government was making the process clear.

Confidence

Finally, operators were asked about their confidence in whether or not they would get the exploration permits they sought. The study explained that “if firms are not confident that they will be able to acquire the necessary permits to carry out exploration activities once they have met regulatory requirements, it is less likely that they will consider investing in the given jurisdiction.”

While Canada’s numbers for confidence look fine, compared to the competition they are well behind.

27 percent of respondents in British Columbia said they were “not at all confident” or had low confidence they would get the required permits, while 61 percent said they were confident, and 12 percent said they were very confident.

In Newfoundland and Labrador, 60 percent were very confident while the remainder were just confident.

Manitoba performed poorly with 44 percent lacking confidence, while Saskatchewan was at the other end of the scale with 83 percent very confident.

Again, the numbers look fine, but when compared to the US and Australia, there’s work to be done.

92 percent of Alaskans were sitting pretty and sure they’d get the permits they wanted, while 95 percent of Nevadans said the same.

In Australia, thumping majorities of miners across all jurisdictions said they were sure the permits they wanted would be granted, with 67 percent of Territorians saying they were very confident (although 33 percent said they had low confidence), and 100 percent of Western Australian miners sure their exploration aspirations could proceed.

Conclusion

Overall, the report concluded that “Canadian jurisdictions are lagging behind their international competitors for changes over time to permit approval, transparency, and confidence that permits will be granted,” noting that more could be done to encourage investment.

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

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

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Trade War Affects on Global Stock Markets

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62917.html
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Second Cup to Seek License for Cannabis Shops in Ontario

National Access Cannabis’ (TSXV:META) stock is on the rise following hints from Canadian coffee retailer opening cannabis shops in Ontario.

The Second Cup (TSX:SCU), which signed a partnership with the cannabis company in April, announced on Thursday (August 16) its intentions to potentially transform existing retail locations into cannabis shops under the brand name Meta Cannabis Supply.

“Second Cup has exceptional quality real estate in locations throughout Ontario and we plan to leverage this to provide safe and responsible access to legal cannabis,” Mark Goliger, CEO of National Access Cannabis said in the release.

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On Monday (August 13), the Ontario progressive-conservative government announced it would be scrapping the plan to open only government-run cannabis shops following adult-use legalization and instead it would open the retail space to private companies starting in April 2019.

Amid the reactions from various members of the industry, cannabis stocks took a hit following the province’s announcement, largely attributed to the delay in retail sales until next year.

The partnership between the companies is projecting to open between 50 and 70 retail cannabis stores through 2018 in Western Canada, including Manitoba, Alberta and B.C.

The two companies will have to obtain a retail license from provincial regulators in order to alter an existing coffee shop into a cannabis store. The duo will also need approval from the landlord or each respective store.

Goliger added the companies hope to join the conversation with Ontario as the province seeks input on the details of opening its adult-use retail cannabis market.

Investor takeaway

National Access Cannabis enjoyed a six percent rush to its stock during Thursday’s trading session. The stock finished the day at a price of C$ 1.06.

Second Cup also saw some momentum for its stock as it confirmed its interest for cannabis retail shops in Ontario. The coffee retailer gained a 5.15 percent increase and closed with a price of C$ 2.86.

Don’t forget to look for our coverage of MJBizCon INT’L, with show notes from the floor and exclusive interviews on INN. You can also follow us @INN_Cannabis for real-time news updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

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Crypto Daily News: Nearly 1 Trillion Dollars Worth of BTC has been Transferred in 2018 & Coinbase Continues to Make Moves

Crypto Daily News

In today’s edition of Crypto Daily News, we’ll cover the updates of nearly one trillion dollars worth of Bitcoin (BTC) has already been traded in 2018 and Coinbase making steady progress in enhancing its platform.

Crypto Daily News: August 16th, 2018 Almost One Trillion Dollars Worth of BTC

According to Trustnodes, an estimated $ 830 billion worth of Bitcoin (BTC) has been traded so far this year. Coinmetrics composed the data and removed items that often mess with the price of Bitcoin, including “mixers, self-churn, privacy enhancements, spam, and change outputs.“

“From the perspective of …

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EURCAD Remains Bearish

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62918.html
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Let the Good Times Roll: OZ Minerals Posts Massive Profit

Australian miner OZ Minerals (ASX:OZL) has released its half-year report, revealing a 59-percent increase in net profit after tax to AU$ 127.8 million.

The first half of this year has been a busy one for the company, which at the very end of June commenced the compulsory acquisition of fellow Australian miner Avanco Copper, with over 90 percent of shareholders accepting the AU$ 418-million takeover.

The process began much earlier in the year, with the Adelaide-based company setting its sights on Brazil’s lucrative Carajas copper province, where Avanco’s high-grade Antas copper-gold mine is based.

Avanco’s operations in Brazil represented new ground for OZ, which up until the takeover only had assets throughout Australia. The company said it is working on a “value enhancing Brazil asset development strategy” for Antas and all its other new projects in South America.

Avanco made the news in its own right earlier this year, reporting in May that a Brazil truck strike caused it to scale back all activities at its mine.

It’s all humming along fine now though, and Antas’ 14,000 tonnes of copper per year will soon be adding to total output from OZ, whose operating Prominent Hill copper-gold mine is in its home state of South Australia. The target for Antas is 50,000 tonnes of the red metal per year.

In the report, OZ says Prominent Hill produced 54,597 tonnes of copper and 58,994 ounces of gold in H1 — well within guidance.

“OZ Minerals expects 2018 to be another strong year at Prominent Hill with mine life currently extended to 2029 and has accordingly retained guidance for contained copper production at 100,000 to 110,000 tonnes,” notes the report.

OZ also said that for its business model, copper is proving a higher priority.

“All financial metrics and copper and gold production are expected to remain within annual guidance as OZ Minerals continues to prioritise higher margin copper production over gold,” it states.

Another project OZ already has in the world is the Carrapateena iron oxide-copper-gold project, again in South Australia. With a projected mine life of 20 years and annual output of 65,000 tonnes of copper and 67,000 ounces of gold, the company is rapidly progressing with development works.

As of the time of the report, underground development of the mine was at 6,825 meters, with aboveground infrastructure coming along nicely. OZ projects first production by Q4 of next year.

Besides a number of other promising exploration-stage projects, OZ also detailed works at its West Musgrave copper-nickel project in Western Australia, where it is currently undertaking a prefeasibility study due to be completed in the first half of 2019.

During the first six months of 2018, OZ said “substantial progress was made on the prefeasibility study including progressing an extensive infill drilling program, metallurgical drilling and mineralogy test work and extensive heritage clearances undertaken with traditional owners.”

In Sydney, OZ’s share price didn’t get up to much on Thursday (August 16), closing up 0.45 percent on the Australian Securities Exchange at AU$ 8.99.

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

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

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Kontrol Energy Corp. Becomes a Member of the 8020 Community

Kontrol Energy Corp. (the “Company” or “CSE:KNR”, “FSE:1K8”) is pleased to announce that it recently became a member of the 8020 Connect investor community (8020).

Join Kontrol Energy Corp. shareholders on 8020 Connect http://bit.ly/2MxeGXA

Through the 8020 platform, Kontrol can open the lines of communication to ensure each shareholder and interested investor can stay up to date with corporate developments and be engaged through social media. The social interactive structure of the platform provides an opportunity to shareholders to become a part of the communication process and support the development of the corporation’s investor audience.

“In addition to expanding our platform, 8020 has been successfully increasing our investor community. This expanding investor community provides Kontrol, and other companies on our platform, with an opportunity to cost effectively grow their investor audience,” stated, Mr. D’Arcy Funfer, President of 8020 Connect.

“We are looking forward to working with the 8020 platform as an opportunity to further engage with stakeholders and investors,” stated Mr. Paul Ghezzi, CEO Kontrol Energy.

About Kontrol Energy Corp.

Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) is a leader in energy efficiency through IOT, Cloud and Blockchain technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in Greenhouse Gas (GHG) emissions.

Paul Ghezzi – CEO
Phone: Tel: 905.766.0400
Email: paul@kontrolenergy.com

About 8020 Connect

8020 Connect is a social and interactive investment community which expands the way shareholders and interested investors access and gather information from public corporations. Built as a hybrid social media and shareholder and management engagement platform, corporations can direct the flow of information to prospective and existing investors through both static and dynamic content. This will allow public companies to build their investment brand and investor awareness while maintaining digital media compliance in a growing online investment community.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward Looking Statements:

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The securities referred to herein may only be sold to prospective investors who meet certain eligibility criteria. Prospective investors should consult with their own legal, regulatory, tax, business, investment, financial, accounting or other advisors as deemed necessary, and make their own decision based upon their own judgment and upon any advice from any such advisors. This press release may contain certain information or statements that are forward looking, and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words “anticipate”, “expect”, “may”, “should”, “estimate”, “project”, “outlook”, “forecast” or other similar words are used to identify such forward looking information. Those forward-looking, if any, are given as of the date noted on this presentation and reflect beliefs and assumptions based on information available at the time. Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of businesses, including fluctuations in interest rates, rental rates; general economic conditions; local real estate markets; supply and demand for commodities; competition for available businesses; weather; the price of commodities; changes in legislation and the regulatory environment; and international trade and global political conditions. Although it is believed that the expectations conveyed by any forward-looking statements made (if any) are reasonable based on information available at the date such statements were made, no assurance can be given as to future results or events and so prospective investors are cautioned not to place undue reliance on any forward-looking statements made (if any). All forward-looking information, whether written or oral, are expressly qualified in their entirety by these cautionary statements. No obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise is undertaken.  Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

Click here to connect with Kontrol Energy Corp. (CSE:KNR, FSE:1K8) for an Investor Presentation.

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UEFA’s New Ticketing System Uses Blockchain Technology

UEFA Ticketing System

The Union of European Football Associations (UEFA) has made quite the revolutionary announcement today. No, Lionel Messi has not quit football or anything like that, rather the announcement revealed the new UEFA ticketing system.

And the new UEFA ticketing system uses blockchain technology. Get in!

The UEFA Ticketing System

UEFA successfully deployed its new blockchain ticketing system via mobile phones.

The system was actually tested first back in May where it was used to sell 50% of the tickets for the 2018 UEFA Europa League final in Lyon and it was successful. …

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Stock Market Higher Again, Correction Over?

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Nutritional High Strengthens Branded Product Portfolio With Addition of Multiple Innovative Product Offerings

Nutritional High International Inc. (the “Company” or “Nutritional High”) (CSE:EAT, OTCQB:SPLIF, FRANKFURT:2NU) is pleased to announce the release of multiple new products to be sold under the Company’s FLI brand (“FLI”), beginning in Colorado with plans for expansion to California and other markets in the near future. Through its FLI brand, the Company will be launching the FLI Chocolate Shot (“Chocolate Shot”) and the Space Joint (“Space Joint”). The Company expects these innovative new products to drive additional sales and awareness of FLI’s product portfolio going forward.

The Chocolate Shot is an infused chocolate edible product that will be available in 5mg and 10mg THC doses. The product is the culmination of extensive in-house research and development that has resulted in a specifically engineered product designed to remain in a liquid form regardless of environmental conditions including extreme heat or cold. The Company believes the Chocolate Shot will drive significant sales growth due to its innovative technology and creative edible profile. According to BDS Analytics, cannabis-infused edibles products are one of industries fastest-growing product segments, with 12% growth year-over-year.

The Space Joint is a pre-rolled cannabis product featuring top-shelf flower and flavored distillate, created with best-in-class inputs for a superior taste and customer experience. The product has consistently tested at THC levels between 30% – 40%. Pre-rolls make up a significant portion of cannabis product sales in Colorado and have grown by 4% year-over-year according to BDS Analytics.

Jim Frazier, CEO of Nutritional High, commented, “We are very excited to be releasing the Chocolate Shot and Space Joint in Colorado and moving quickly into California and other viable legal states. These products were developed through diligent R&D, customer analytics and engineering methods that drive consumer experience. Our company strategy focuses on providing high-quality innovative cannabis products to our customers, and we are confident the release of these products will further bolster that strategy.” Our product development team is hard at work bringing new and innovative products to market as quickly as possible.

About Nutritional High International Inc.

Nutritional High is focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, with a specific focus on edibles and oil extracts for medical and adult recreational use. The Company works exclusively through licensed facilities in jurisdictions where such activity is permitted and regulated by state law.

The Company follows a vertically integrated model with a fully developed strategy for acquisitions in extraction, production, sales, and distribution sectors of the cannabis industry. Nutritional High has brought its flagship FLÏ™ edibles and extracts product line from production to market in California through its wholly owned distributor Calyx Brands Inc., and Colorado where its products are manufactured by a licensed producer. The Company also owns a 50% interest in The Clinic Effingham (an Illinois dispensary), and is entering the Nevada, Washington State, Oregon and Canadian markets in the near future.

For updates on the Company’s activities and highlights of the Company’s press releases and other media coverage, please follow Nutritional High on FacebookTwitterInstagram and Google+ or visit www.nutritionalhigh.com.

For further information, please contact:

David Posner
Chairman of the Board
Nutritional High International Inc.
647-985-6727
Email: dposner@nutritionalhigh.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR OTC MARKETS GROUP INC., NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. There is no certainty that any of these events will occur.  Although such statements are based on management’s reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances.

Company’s securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. Persons”, as such term is defined in Regulation S under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.

Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

Click here to connect with Nutritional High International Inc. (CSE:EAT, OTCQB:SPLIF, FRANKFURT:2NU) for an Investor Presentation.

The post Nutritional High Strengthens Branded Product Portfolio With Addition of Multiple Innovative Product Offerings appeared first on Investing News Network.

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