Thursday, August 31, 2017

Hydro One Limited - H.t

Hydro One Limited - H.t is one of North America's largest electricity delivery companies in geographic scope and asset value.

The company's core businesses earn stable, regulated returns which accounted for almost all of the $747 million in net income earned in 2014.

On July 19, 2017 the Co reported news.

Hydro One to Acquire Avista to Create Growing North American Utility Leader with C$31.2 Billion in Enterprise Value

Hydro One Limited ("Hydro One") (TSX: H) and Avista Corporation ("Avista") (NYSE: AVA) today jointly announced a definitive merger agreement ("Agreement") under which Hydro One will acquire Avista for C$67 (US$53) per share in a C$6.7 billion (US$5.3 billion) all-cash transaction. Together, Hydro One and Avista will create a North American leader in regulated electricity and natural gas business with over C$32.2 billion (US$25.4 billion) in combined assets.

Wednesday, August 30, 2017


Chinese mining firm Chuanshan will invest $40 million in exploration and mining of diatomite in Kenya's Baringo County. This will be the second such operation in the Rift Valley.

Diatomite, also known as diatomaceous earth, is the naturally occurring fossilized remains of diatoms. Diatoms are single cell aquatic algae. The properties which make diatomite valuable include low density, high porosity, high surface area, abrasiveness, insulating properties, inertness, absorptive capacity, brightness, and high silica content. Diatomite has a wide variety of uses, and is a component in hundreds of products, or vital to the manufacturing process of thousands more.
The Greeks first used diatomite over 2,000 years ago in pottery and brick. Today diatomite is used for manufacturing paints, toothpaste, plastics, absorbents and many other products.
There are many diatomite deposits throughout the world, but those of high-purity which are commercially viable are rare.

Untreated, pure diatomaceous earth food grade (85%+ pri­marily composed of amorphous silicon dioxide (SiO2) is becoming known for a list of health benefits. It is non-toxic with no known side effects.

Nicknamed the 'grass of the sea' some are calling it mother nature's best kept secret.

Tuesday, August 29, 2017

Ferrari N.V. (NYSE/MTA: RACE)

Ferrari N.V. (NYSE/MTA: RACE) is an Italian sports car manufacturer based in Maranello. Founded by Enzo Ferrari in 1939 out of Alfa Romeo's race division as Auto Avio Costruzioni, the company built its first car in 1940.

On August 2, 2017 the company released Numbers
  • Total shipments of 2,332 units, up 118 units (+5.3%)
  • Net revenues grew to Euro 920 million, up 13.5% (+12.8% at constant currencies)
  • Adjusted EBITDA(1) of Euro 270 million, margin now at 29.4% (29.0% without FX hedges(2))
  • Adjusted EBIT(1) of Euro 202 million, 260 bps margin increase to 21.9% (21.5% without FX hedges(2))
  • Adjusted net profit(1) up 30% to Euro 136 million
  • Net industrial debt(1) down to Euro 627 million from December 31, 2016

Thursday, August 24, 2017

Nighthawk Gold Corp. - NHK.t

Nighthawk Gold Corp. - NHK.t is focused on the Indin Lake Gold Property, a 222,203 acres or 900 square kilometres land package located 200 kilometres north of Yellowknife, Northwest Territories.

An inferred Mineral Resource estimate of 39.81 million tonnes with an average grade of 1.64 g/t Au for 2.101 million oz gold using a cut-off grade of 0.6 g/t gold is defined at its Colomac property.

On August 24, 2017 the company released NEWS

Nighthawk Intersects 145.75 Metres Of 3.33 Gpt Gold (Uncut), Including 22.70 Metres Of 6.68 Gpt Gold (Uncut)

Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK) is pleased to report assay results from its wholly owned Colomac Gold Project located within its Indin Lake Gold Property, the Northwest Territories, Canada. A total of eight recently completed drill holes (see Table 1; Figures 1 to 6) are being reported on with three holes following up on the Company’s latest drill results at Zone 1.5 (see press release dated July 13, 2017), that have significantly expanded the high-grade gold zone along strike and to depth below the current resource.

Highlights include hole C17-12B which intersected 145.75 metres of 3.33 grams per tonne (“gpt”) gold (“Au”), including 22.70 metres of 6.68 gpt Au, and 10.80 metres of 12.19 gpt Au, effectively extending the zone an additional 50 metres to the north.

Wednesday, August 23, 2017

Tahoe's 'La Arena' blockaded - Zero News

Mark Turner at IncaKola is reporting that Tahoe Resources (THO.t) 'La Arena' mine in Peru has been blockaded. "Since yesterday, residents in the La Arena area have closed down operations at the mining company in the vicinity due to their opposition to the firing of the mine manager, the engineer Mariano Yupanqui Rada ... opposition to the decision taken unilaterally by upper management at Tahoe Peru. He said that since Rio Alto was sold to Tahoe Peru they had seen many labour abuses and unjust redundancies. He said, "If the company ignores us, we will continue with this blockade and then as from August 31st the union workers at the mine will go on indefinite strike in order to defend our rights".
And the major league mismangement issues continue unabated with 'Cadillac' Kev (Kevin McArthur) and his 'team' of underachievers at Tahoe.

This company is bleeding red ink as it is with the shuttering of Escobal. Real issue right this second is why this greatly material news is not, and has not been, released by 'Cadillac' Kev.
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