MI3 Market Alert: Is Copper set to rebound in 2020?

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Cornerstone Capital Resources Inc. (TSXV: CGP) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Cornerstone Capital Resources Inc.

  • Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including in the Cascabel gold-enriched copper porphyry joint venture in north west Ecuador.
  • Strategic positioning of Cornerstone’s direct and indirect stake of ~23% is extremely valuable and larger than both BHP and Newcrest’s stakes in Cascabel.
  • BHP agrees to invest a further US$22M in SolGold (Cornerstone joint venture partner and project operator) to increase its position to approximately 14.7% of SolGold’s diluted share capital.
  • Support: S2; $   S1; $ 2.24      Resistance:   R1; $2.58   R2; $2.85

About Cornerstone:

Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including in the Cascabel gold-enriched copper porphyry joint venture in north west Ecuador.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.




MI3 Market Alert: Bringing Artificial Intelligence trading platform to the 5.0 level

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on QuantGate Systems Inc. (OTC: PRFC) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on QuantGate Systems Inc.

  • QuantGate Systems, Inc. is a diversified fintech company which continues to expand its suite of advanced proprietary solutions like Artificial Intelligence.
  • The company has developed the Pilot Trading AI retail and the Hydra robotic institutional trading platforms.
  • QuantGate systems recently appointed Wall Street professional Leonardo Cardoso, CFA to lead worldwide development efforts
  • The company expanded distribution of Pilot Trading with TradeStation Securities
  • PRFC shares surged in Volume and price last week over 20.5 Million shares traded over the last three sessions. (first sign of material market activity over the last two years)
  • Support: S2; $0.0050 – S1; $0.015    Resistance:   R1; $0.0275 – R2; $0.04

About QuantGate Systems Inc.

QuantGate Systems has developed the world’s first real-time market sentiment and perception analysis system for financial markets utilizing cutting edge AI and machine learning proprietary technologies.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.




MI3 Market Alert: The Goliath project – Exploration and Development in Northwestern, Ontario!

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Treasury Metals Inc. (TSX: TML | OTCQX: TSRMF) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Treasury Metals Inc.

  • Treasury closed C$2.8 Million Bought Deal Private Placement.
  • The exploration program will fund approximately 10,000-metre infill and expansion drilling program with the initial 5,000 metres focused on the C Zone Resource Area where several significant gold intersections have been found and the additional 5,000 metres will drill test both down dip and along strike targets identified in the downhole IP Survey and recent mine scheduling modelling work.
  • With first-rate infrastructure currently in place, Treasury Metals plans on the initial development of an open pit gold mine to feed approximately 2,500 tonne per day processing plant with subsequent underground operations in the latter years of the mine life.
  • Support: S2; $0.24    S1; $0.27   Resistance:   R1; $0.29     R2; $0.32

About Treasury Metals

Treasury Metals Inc. is a gold focused exploration and development company with assets in Canada and is listed on the Toronto Stock Exchange (“TSX”) under the symbol “TML” and on the OTCQX® Best Market under the symbol TSRMF. Treasury Metals Inc.’s 100% owned Goliath Gold Project in northwestern Ontario is slated to become one of Canada’s next producing gold mines. With first-rate infrastructure currently in place, Treasury Metals plans on the initial development of an open pit gold mine to feed approximately 2,500 tonne per day processing plant with subsequent underground operations in the latter years of the mine life. The Environmental Assessment has been completed for the Goliath Gold Project, a major step in the permitting process.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.




MI3 Market Alert: Will the city of La Beauce in Quebec be the theater of the next Gold rush in Canada?

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Beauce Gold Fields Inc. (TSXV: BGF) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Beauce Gold Fields Inc.

  • BGF is dedicated to the exploring for the bedrock source located in the Beauce’s famous historical placer Gold deposits located in the municipality of St-Simon les Mines in the Beauce region of Southern Quebec.
  • The property also hosts numerous historical placer gold mines that were active from 1860s to the 1960s. However, economic interest by past mining companies were exclusively focused on the gold placers, therefore limited effort has been allocated to the exploration for a hardrock source of the placers.
  • The recent discoveries of gold in saprolite indicating a close proximity to a bedrock source of gold, along with the recent discovery of a fault underneath the historical gold placers, provide possible further exploration discoveries.
  • Brand new listing, Consolidating around ….10-.15 cents …
  • Support: S2; $0.09 – S1; $0.11    Resistance:   R1; $0.135  – R2; $0.18

About Beauce Gold Fields

Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec. The Company’s flagship property is the St-Simon-les-Mines Gold project, a unique, historically significant gold property located in the municipality of Saint-Simon-les-Mines. Comprising of a block of 152 claims as well as 7 real estate lots, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was host to Canada’s first gold rush before the one in the Yukon Klondike. It hosts some of the largest historical placer gold mines in Eastern North America that were active from 1860s to the 1960s.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.




MI3 Market Alert: Largest Copper-Gold discovery in the World

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Cornerstone Capital Resources Inc. (TSXV: CGP) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Cornerstone Capital Resources Inc.

  • Cornerstone has a diversified portfolio of gold, silver and copper projects in Ecuador and Chile, including a 15% interest in the exciting Cascabel copper-gold discovery in Ecuador financed through to a bankable feasibility study, and a joint venture with Ecuadorian state mining company ENAMI EP where we are exploring 9 highly prospective concessions in the vicinity of Cascabel.
  • Strategic positioning of Cornerstone’s direct and indirect stake of ~23% is extremely valuable and larger than both BHP and Newcrest’s stakes in Cascabel
  • BHP agrees to invest a further US$22M in SolGold (Cornerstone joint venture partner and project operator) to increase its position to approximately 14.7% of SolGold’s diluted share capital.
  • Support: S2; $1.96   S1; $2.16       Resistance:   R1; $ 2.35  R2; $2.70

About Cornerstone Capital Resources Inc.:

Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry joint venture in north west Ecuador. Cornerstone has a 22.8% direct and indirect interest in Cascabel comprised of (i) a direct 15% interest in the project financed through to completion of a feasibility study and repayable at Libor plus 2% out of 90% of its share of the earnings or dividends from an operation at Cascabel, plus (ii) an indirect interest comprised of 9.2% of the shares of joint venture partner and project operator SolGold Plc. Exploraciones Novomining S.A. (“ENSA”), an Ecuadorean company owned by SolGold and Cornerstone, holds 100% of the Cascabel concession. Subject to the satisfaction of certain conditions, including SolGold’s fully funding the project through to feasibility, SolGold Plc will own 85% of the equity of ENSA and Cornerstone will own the remaining 15% of ENSA.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.

 




MI3 Market Alert: Developing novel therapeutics for the treatment of chronic cough

Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on BELLUS Health Inc. (Nasdaq: BLU | TSX: BLU) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on BELLUS Health Inc.

  • BELLUS Health is developing BLU-5937, a P2X3 inhibitor, to help people with chronic cough and other afferent hypersensitization-related disorders.
  • In September 2019, BELLUS Health completed an offering of its common shares resulting in gross proceeds to the Company of US$79.4 million and BELLUS Health’s common shares began trading on the Nasdaq
  • Cash, cash equivalents and short-term investments totalling C$132.2 million (US$99.9 million)
  • Only 54M shares outstanding
  • RSI at 41… Well position
  • Support: S2; $7.45   S1; $8.06           Resistance:   R1; $ 8.14 – R2; $8.50 – R3; $8.99

About BELLUS Health

BELLUS Health is a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of chronic cough and other hypersensitization-related disorders. The Company’s product candidate, BLU-5937, is being developed for the treatment of chronic cough and chronic pruritus.

Chronic cough is a cough lasting more than eight weeks and is associated with significant adverse physical, social and psychosocial effects on health and quality of life. It is estimated that approximately 26 million adults in the United States suffer from chronic cough with more than 2.6 million having refractory chronic cough lasting for more than a year. There is no specific therapy approved for refractory chronic cough and treatment options are limited.

Chronic pruritus, commonly known as chronic itch, is an irritating sensation that leads to scratching, and persists for longer than six weeks, which can be debilitating and has a significant impact on quality-of-life. It is a hallmark of many conditions, including AD. It is estimated that chronic pruritus associated with AD affects more than 16.9 million adults in the United States.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.