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Gold royalty streamers oversoldAs a group, gold royalty streaming companies reacted negatively to the drop in gold price on February 13, 2024. This movement was triggered by US CPI for February printing slightly higher than expected by consensus, on the index and also MoM and YoY readings. Reaction was an immediate spike in TVC:DXY and commensurate selloff in FX_IDC:EURUSD . This dragged risk assets down, with equities markets getting hit. TVC:GOLD also lost more than 1% in lockstep reaction. The opportunity here is in the unwind of yesterday's outsized movement amongst the gold royalty streaming companies as a group. While some have performed better than others over the past year, they were all punished on this move. Typical drawdown was 10% on the day . For consideration: A) a short term buy of one of these names and holding to pre-CPI price level, or B) a longer term entry for those with a bullish view on gold and appetite for leveraged exposure and desire for dividend income.
TSX:SSLLong
by StrobeT
1
This Conservative Play On $RHC Royal Helium Nets +247% or more..Whether or not you see this as a viable play depends almost entirely on whether or not you think the niche industry of Helium capture and re-sale is a high-growth sector or not. I happen to think that the hype is real, as long as you're taking a conservative long-term approach to your analysis. I do NOT believe this will retake all time highs (roughly $2-$3) in any one given life-time. But there is a possible 3-5 year play present here that could potentially net +200-250% depending on your risk tolerance and exact buy/sell levels... "Royal Helium is focused on the exploration and development of primary helium in southern Saskatchewan. Royal Helium is currently one of the largest helium leaseholders in Canada with land that was methodically evaluated for helium and has been vetted by helium experts, professional geologists and engineers." We show areas of modest resistance/support around $0.40 CAD and $0.59 CAD, with the current buying opportunities chopping sideways at $0.17-0.19 CAD. If price reaches $0.15 CAD, I will significantly increase my position and set a price target for profit-taking starting at $0.55 CAD (+266%). I set my target date for maximum profits before a pull-back at 2030. Literally just a guess. What do you think?
RLong
by Light-of-Liberty
Telus Will Be A Slept On Growth StockTelus is making massive investments across Canada as one of the few major telecommunications providers in the country. Telus has taken on debt and directed revenues towards the creation and permanent installation of enormous amounts of physical infrastructure across Canada's physically-large land mass. TELUS is investing $28 billion across Ontario from 2023 through 2027 in network infrastructure, operations and spectrum enhancement. TELUS now has the largest contiguous 5G channels nationwide with purchase of 72 MHz of premium-band spectrum for $620 million during it's 2023 fiscal year. This means that Telus is set to be a dominate player in the phone and internet markets for the foreseeable future. Meanwhile, the TELUS Friendly Future Foundation launched it's new $50 million TELUS Student Bursary Fund – the largest bursary fund in Canada! Created through a $25 million endowment gift from TELUS plus an additional $25 million in fundraising, the TELUS Student Bursary program will support hundreds of students each year and, important to investors, lend strong positive brand recognition to Telus for many years to come. It is for these reasons that I believe RBC's recent choice to maintain Telus price targets at around $29 CAD was a correct decision. At current prices between $22-24, this is a strong buy from me!
TSX:TLong
by Light-of-Liberty
1
More gains to comeAs we approach earnings season for many equities, GSY is somewhat of a staple equity in CANADA. The necessary services that GOEASY provides for Canadians is and will continue to rise, as inflation proceeds to increase costs of goods and services. There are many people who need to take a loan which they may regularly be denied by financials, who can they turn too? Its quite unfortunate that its come to this where regular borrowing of finances is needed to just get by but its apparently so. This trend of borrowing will continue so long as high interest rates persist more and more people are unable to make enough income for necessary goods like appliances, home renovations etc. The cost of borrowing from GSY is quite high and although the Canadian govt capped the max interest rate that borrowers have on this loans are between 30-40%. We could say this company will continue to profit fundamentally. Fundamentally they are increasing their services and cater to people with delinquent or subprime loans which they can not go to any of the big banks for a loan which may include TD BANK, BANK Of NOVA SCOTIA to name the few.
TSX:GSYLong
by b58-nic0
AQN is a 1-3 year strong playYet another in a series of companies that are going no where and have been hit by some bad news during and coming out of COVID and interest rates that will resolve itself. Taking advantage of this one at these levels to build each month a strong position. 1.5-2x in share price is achievable here when interest rates start to get cut in Canada, as this will have a direct effect on their bottom line and a surprise to the upside. Not to preach here, but strong utility and resource companies that have a mainstay in Canada are going to always rebound, and buying at these levels sets you up for years to come in yield and profit.
TSX:AQNLong
by jasonbc
3
Spark Energy Minerals Inc.'s Non-Brokered Private Placement.Spark Energy Minerals Inc (CSE- CSE:EMIN ) recently concluded a non-brokered private placement, raising gross proceeds of $315,500.05 through the issuance of 4,206,668 units at a price of $0.075 per unit. These units include common shares and warrants, with each warrant exercisable at $0.125 and entitling holders to subscribe for additional common shares within a two-year period from the closing date, with the potential for acceleration under certain trading conditions. The company also announced finder's fees paid to a qualified finder. The net proceeds from the offering are slated for general working capital and advancement of the company's Brazilian claims, indicating a strategic focus on the development of mining assets in Brazil alongside its Canadian interests. The company entered into an agreement with Lithium Plus Mining Corp. concerning the acquisition of a 65% interest in certain mining claims in Brazil. Amendments to the initial agreement were made, resulting in revised payment schedules and exploration work program requirements. Lithium Plus is now obligated to make financial contributions, conduct exploration work, and meet spending thresholds by specified deadlines. These adjusted terms aim to enhance the capital utilization of Lithium Plus, enabling more effective short-term development of the Spark Property, ultimately striving to bolster the property's value and the company's overall interests in the Brazilian mining sector.
E
by dasranc777
CNQ - Time for some profit taking?CNQ - Canadian Natural Resources looks to be forming a classic Wyckoff Distribution pattern after this massive run up. I think it is time for some profit taking. A mild winter could produce a weak earnings report in February as demand for oil/gas is down. Natural gas prices remain down and I believe oil has room to reset. Pair these factors with CNQ at or near all time highs and it could be a good recipe for some coming downward momentum. Not Financial advice. Manage your own risk.
TSX:CNQShort
by Scottjk66