Friday, February 23, 2018

Group Ten Metals Mirrors the Stillwater PGE Complex

Source: Bob Moriarty for Streetwise Reports   02/23/2018

Bob Moriarty of 321 Gold examines the land package and prospects for this company's Montana-based project.

Greg Johnson, one of the founders of NOVAGOLD Resources Inc. (NG:TSX; NG:NYSE.MKT), has put together a platinum group metals package that mirrors the Stillwater complex in Montana, with its 80-million-ounce, 16.8 g/t PGE (platinum group elements) resource.

Greg believes the future of the PGE metals is bright. After being associated with Wellgreen Platinum in the Yukon, he began to assemble a flock of PGE projects and put them into Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTC). The big one, which they call the Stillwater West PGE-Ni-Cu project, is adjacent to the Sibanye-Stillwater series of mines in Montana. Greg's plan is to put the Group Ten company under the umbrella of his other company, Metallic Minerals Corp. (MMG:TSX.V), in order to reduce overhead and office expenses. Metallic Minerals is oriented toward silver, lead and zinc in the Keno Hills district in the Yukon.

The Stillwater West project was picked up in June of 2017 under a mostly share deal. It calls for Group Ten to own 100% of the project subject to a 2% NSR that can be bought down to 1% for a $2 million payment. It's an exceptional deal for Group Ten because it means their cash goes into the ground rather into the pockets of the vendors. It aligns the interests of the vendors with that of Group Ten. I like the deal a lot.

In November Group Ten expanded the original 282 claims adjacent to the Sibanye Stillwater mine by adding a 100% interest in an additional 17 square kilometers. In January company president and CEO Michael Rowley announced an 18-kilometer long soil anomaly of highly elevated platinum group elements at Stillwater West, in addition to nickel, copper and chromium, and picked up another 51 claims.

Putting together a package of various different claims from several vendors is what company chairman Johnson does. He did exactly the same thing with Metallic Metals. For the first time in history, the entire package has been put together into one company. There is a lot of technical data from past operators, and for now the company is focused on putting it all together in one easy-to-understand format.

Investing in Group Ten, for anyone interested in platinum and palladium, is about as difficult as learning how to fall off a bike. If you use $1,000 an ounce as an average price for platinum and palladium, the Stillwater series of mines show a US$80 billion-dollar resource. Group Ten has the same rocks, an excellent management team, tons of existing data and a US$8.5 million market cap. Do the math.

Group Ten does have one major flaw. While the name is memorable, it's for all the wrong reasons. It's a terrible name. The subject came up when Greg and I first spoke and I asked him if he was married to the name. He replied that he hated it and they were working on coming up with something more suitable. I hope so, I hated it as well.

The company has done an excellent job on both the website and the company presentation. For those who can do the math on Group Ten's doppelganger, the charts are especially interesting. I suspect Group Ten is going to be a giant surprise, also given the instability of the world's main three PGE suppliers, Russia, South Africa and Zimbabwe.

Group Ten is an advertiser. Do your own due diligence.

Group Ten Metals
$0.245 (Feb 23, 2018)
42.8 million shares
Group Ten website

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

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Disclosure:
1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. Group Ten Metals is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned are billboard sponsors of Streetwise Reports: NOVAGOLD. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

( Companies Mentioned: PGE:TSX.V; PGEZF:OTC, )



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Coverage Launched on Biotech That Could 'Disrupt the Skin Regeneration Market'

Source: Streetwise Reports   02/23/2018

Elemer Piros, a Cantor Fitzgerald analyst, explained this company's lead product, including how it works, its success to date and its market potential.

A Feb. 14 research note revealed Cantor Fitzgerald initiated coverage on PolarityTE Inc. (COOL:NASDAQ), with an Overweight rating and a $70 per share price target, which reflects more than a triple, or 359% upside, from where the stock is currently trading at around $17.19. "We believe PolarityTE has demonstrated strong potential to disrupt the skin regeneration market," wrote analyst Elemer Piros.

PolarityTE has developed an autologous cell wound-healing product, SkinTE, which uses a small amount of a patient's own healthy skin to cover a wound up to 500 to 1,000 times its size, and results in skin regeneration in the affected area without the typical degree of scarring and/or contracture that can accompany natural healing.

With the use of SkinTE, the company has demonstrated "previously unseen results" of "flawless healing" in animals and positive early evidence in humans, Piros indicated. One of the first users of the product on a human was a physician who excised a "badly scarred, sizable (200 square centimeter) wound from the chest of a 10-year-old burn victim" and treated it with SkinTE. A month later, about midway through the healing process, the medical provider "proclaimed that the treatment 'definitely works.'"

Piros purported that "regeneration of fully functional skin while limiting these negative effects of natural wound healing has broad application in a market that is already commercially developed, but underserved."

With the commercial launch of SkinTE underway, PolarityTE continues building a 200,000-square-feet campus that can process about 230,000 products annually. At this scale with a single daily shift, at $7,300 apiece, revenue can reach $1.7 billion, Piros forecasted.

Cantor estimated the overall market potential of SkinTE at more than $600 million, "when reaching conservative peak market penetration of 85,000 wounds in 2023," added Piros. That figure increases as PolarityTE commercializes its additional products for bone, cartilage, heart and muscle, currently in development. Based on the results to date, PolarityTE has "already generated tremendous physician interest for use of the product in a variety of settings," Piros reported. Commercialization of the bone product OsteoTE is expected by year-end.

The next catalyst for PolarityTE, according to Cantor, is the release of SkinTE treatment case study data, anticipated in mid-2018.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provide services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following company mentioned in this article is a billboard sponsor of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of PolarityTE, a company mentioned in this article.

 

Disclosures from Cantor Fitzgerald, PolarityTE, Initiation of Coverage, Feb. 14, 2018

Analyst Certification
The analyst primarily responsible for this research report, and whose name appears on the front cover, certifies that: (i) all of the views expressed in this research report accurately reflects his or her personal views about any and all of the subject securities or issuers featured in this report; and (ii) no part of any of the research analyst’s compensation was, is, or will be, directly or indirectly related to the specific recommendations or views expressed by the research analyst in this report.

Legal Disclosures
Investment banking (next 3 months): Cantor Fitzgerald and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from all of the companies referenced within this report.

Cantor Fitzgerald and/or its affiliates is a market maker in PolarityTE Inc.

( Companies Mentioned: COOL:NASDAQ, )



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Thursday, February 22, 2018

Fund Manager Names Three Small-Caps with Strong Growth Profiles

Source: Streetwise Reports   02/22/2018

The annual AlphaNorth Capital Conference features small-cap non-resource companies with high growth prospects. AlphaNorth's founder and chief investment officer, Steve Palmer, profiles several companies that he believes have bright prospects.

The Life Sciences Report: Steve, you are a co-organizer of the annual AlphaNorth Capital Conference, which is attended by about 40 small-cap companies and major investors. How do you select the companies you invite?

Steve Palmer: We like to have some diversification among the companies that are there. It's a non-resource conference. We didn't want it to turn into a cannabis show or a crypto conference or anything like that. We tried to select some of the better companies from each category and have a wide variety at the conference. One of the key things I look for in an investment is a company that has something that is proprietary and a strong growth profile.

TLSR: Do you focus exclusively on Canadian equities?

SP: Mostly Canadian. There are several thousand junior Canadian companies, so there are more than enough opportunities to pick from on the Canadian side. We do have a couple U.S.-listed companies in the portfolios. We don't go looking for companies in other countries, but if opportunities are presented that make sense, we don't exclude those.

TLSR: Would you tell us about a couple of the companies that you're really excited about?

"3D Signatures' timeline to have a commercial product is much shorter than a traditional biotech company developing a new drug."

SP: 3D Signatures Inc. (DXD:TSX.V; TDSGF:OTCQB; 3D0:FSE) is one. It has a platform technology that looks at a component of a person's DNA and is potentially able to predict the outcome of various medical treatments. It just announced some results from a Hodgkin's lymphoma study. It has also done work on prostate cancer, Alzheimer's, etc.

I think it's relatively low risk. On the previous work that it has done, it has shown very strong results and predictive ability. It is currently doing a much larger confirmatory trial in Hodgkin's lymphoma. I like the fact that it's a platform. It has applications for various diseases and medical conditions. The timeline to have a commercial product is much shorter than a traditional biotech company developing a new drug.

TLSR: What is another company you like?

SP: Another one on the healthcare side is Antibe Therapeutics Inc. (ATE:TSX.V; ATBPG:OTCQX), which is developing a pain medication. It's doing a Phase 2 trial right now which will hopefully demonstrate equivalent or better efficacy but with greatly reduced negative side effects. The results are expected on that within several weeks.

I like 3D Signatures and Antibe because they each have a short-term potential catalyst that we view as having relatively high odds of success.

The pain market is huge. There's a lot of talk in the press about opioid use, etc. The existing drugs for osteoarthritis cause a high frequency of stomach ulcers and other side effects such as high blood pressure. Antibe is trying to show that its product has many fewer side effects but the same or better efficacy.

The company also owns a subsidiary that sells products for bone grafts in the dental area. Those products are expected to do roughly $10 million this year in revenue. So it's good that it has a base business. It's not an all-or-nothing-type situation like many biotech companies.

TLSR: Would you tell us about one more company?

SP: There's a company called ClearBlue Technologies Inc. that's going public shortly. It recently had a very good response by investors at our conference. It has products for what it calls smart off-grid solutions. It uses solar and wind energy to manage things like streetlights and security and broadcast Internet, etc. It has revenue, which is expected to more than double in 2018 from around $4 million in 2017. it's a high-growth business. It is the leader in the space. It has a huge sales funnel. I really like the CEO, Miriam Tuerk. She used to be in a senior role at BCE Emergis. I'm pretty excited about the prospects for that company.

The company is in the process of doing a reverse takeover. The shares should be trading in March on the TSX Venture exchange.

TLSR: Thanks, Steve, for sharing these with us.

The AlphaNorth Capital Conference is one of seven annual conferences produced by Vancouver-based Capital Event Management (CEM); the conference mandate is to connect capital with opportunity. In addition to the AlphaNorth Bahamas event, CEM conferences include stops in Whistler, BC; Scottsdale, AZ; Montreal, QC; Kelowna, BC; Muskoka, ON and Palm Beach, FL. In each case issuers from all sectors meet and establish relationships with top investors in the field, leading to financings and after market support. Full details at www.capitalevent.ca.

Steve Palmer is a founding partner, president and chief investment officer of AlphaNorth Asset Management and currently manages the award-winning AlphaNorth Partners Fund, AlphaNorth Growth Fund and AlphaNorth Resource Fund. Prior to founding AlphaNorth in 2007, Palmer was employed as vice president at one of the world's largest financial institutions, where he managed equity assets of approximately CA$350M. Palmer managed a pooled fund, which focused on Canadian small-capitalization companies, from its inception to August 2007, achieving returns of 35.8% annualized over a nine-year period, which ranked it No. 1 in performance by a major fund ranking service in its small-cap, pooled-fund category. Palmer earned a bachelor's degree in economics from the University of Western Ontario and is a Chartered Financial Analyst.

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Disclosure:
1) Patrice Fusillo conducted this interview for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. She owns, or members of her immediate household or family own, shares of the following companies mentioned in this article: None. She is, or members of her immediate household or family are, paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this interview are billboard sponsors of Streetwise Reports: 3D Signatures. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Steve Palmer: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I, or members of my immediate household or family, are paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this interview: None. AlphaNorth funds hold shares of the following companies mentioned in this article: All. I determined which companies would be included in this article based on my research and understanding of the sector. I had the opportunity to review the interview for accuracy as of the date of the interview and am responsible for the content of the interview.
4) The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview r article. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of 3D Signatures, a company mentioned in this article.

( Companies Mentioned: DXD:TSX.V; TDSGF:OTCQB; 3D0:FSE, ATE:TSX.V; ATBPG:OTCQX, )



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South African Gold Miner Offers Value Despite 'Flatter Medium-Term Outlook'

Source: Streetwise Reports   02/22/2018

David Haughton, an analyst with CIBC, reviewed this company's 2017 financials and 2018 guidance.

Following Gold Fields Ltd.'s (GFI:NYSE; GFI:JSE) recently released financial reports, CIBC lowered its rating to Neutral from Outperform and trimmed its share price target to R56 from R71 on the company "to reflect the revised outlook and prevailing spot prices" in the form of a forecasted stronger rand, explained analyst David Haughton in a Feb. 14, 2018 research report. The gold miner's stock is trading today at around R46.39 per share.

The revised outlook is primarily attributable to the Deep South project, which had a "seasonally low Q1/18 (after the Christmas break)," which "could be a near-term headwind," Haughton noted. Gold Fields recently outlined a slower-than-expected ramp-up there, to 480 thousand ounces (480 Koz), and at a higher all-in sustaining cost (AISC) than anticipated. "Implementation of the plan and achieving the required efficiencies are key to the Gold Fields valuation," the analyst added.

In more positive news, Haughton pointed out that Gruyere and Damang are advancing on track with first ore anticipated in Q1/19 and Q2/19, respectively. Also on schedule is the feasibility study for Salares Norte, which is slated for release by the end of 2018.

In considering the company overall, its reported 2017 normalized earnings per share was as estimated, at $0.17, which falls into the pre-released range of $0.16–0.19. Production, at 2,160 Koz of gold equivalent (Au eq) and an AISC cost of $955 per ounce ($955/oz), exceeded guidance, which was 2,100–2,150 Koz at $1,010–1,030/oz.

Gold Fields provided 2018 production guidance, which was slightly higher than CIBC's, 2.08–2.10 Moz Au eq versus 2.03 Moz Au eq. The miner forecasted AISC at $990–1,010/oz, which was lower than CIBC's anticipated $1,056/oz.

In 2017, despite "heavy capital spending," Gold Fields "delivered a cash-neutral year," Haughton reported. As for capex in 2018, the company guided to $835M, which is in line with CIBC's estimate. However, "an additional $83M budget for the Salares Norte feasibility study was beyond our assumption," added Haughton.

He concluded that while Gold Fields' medium-term outlook is now "flatter," the company still "offers appeal for improving operations and value amongst South African gold miners."

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Disclosures from CIBC, Gold Fields Ltd., Feb. 14, 2018

Analyst Certification:
Each CIBC World Markets Corp./Inc. research analyst named on the front page of this research report, or at the beginning of any subsection hereof, hereby certifies that (i) the recommendations and opinions expressed herein accurately reflect such research analyst's personal views about the company and securities that are the subject of this report and all other companies and securities mentioned in this report that are covered by such research analyst and (ii) no part of the research analyst's compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by such research analyst in this report.

Analysts employed outside the U.S. are not registered as research analysts with FINRA. These analysts may not be associated persons of CIBC World Markets Corp. and therefore may not be subject to FINRA Rule 2241 restrictions on communications with a subject company, public appearances and trading securities held by a research analyst account.

Potential Conflicts of Interest:
Equity research analysts employed by CIBC World Markets Corp./Inc. are compensated from revenues generated by various CIBC World Markets Corp./Inc. businesses, including the CIBC World Markets Investment Banking Department. Research analysts do not receive compensation based upon revenues from specific investment banking transactions. CIBC World Markets Corp./Inc. generally prohibits any research analyst and any member of his or her household from executing trades in the securities of a company that such research analyst covers.

Additionally, CIBC World Markets Corp./Inc. generally prohibits any research analyst from serving as an officer, director or advisory board member of a company that such analyst covers.

In addition to 1% ownership positions in covered companies that are required to be specifically disclosed in this report, CIBC World Markets Corp./Inc. may have a long position of less than 1% or a short position or deal as principal in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon.

Recipients of this report are advised that any or all of the foregoing arrangements, as well as more specific disclosures set forth below, may at times give rise to potential conflicts of interest.

Important Disclosure Footnotes for Gold Fields Ltd. (GFI):

· CIBC World Markets Inc. expects to receive or intends to seek compensation for investment banking services from Gold Fields Ltd. in the next 3 months.

( Companies Mentioned: GFI:NYSE; GFI:JSE, )



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Wednesday, February 21, 2018

Coverage Initiated on Cobalt Pure Play with Upside; Rated Outperform

Source: Streetwise Reports   02/21/2018

Rupert Merer, an analyst with the National Bank of Canada, explained the thesis for investing in this company, noting the supply/demand dynamic with regard to batteries for electric cars could drive value.

A Feb. 15 research report indicated that National Bank of Canada Financial Markets initiated coverage on Cobalt 27 Capital Corp. (KBLT:TSX.V; CBLLF:OTC; 27O:FSE) with a rating of Outperform and a 12-month price target of CA$14.25 per share, which compares to where it's currently trading, at CA$12.22 per share. With this pure play, "the business model gives direct exposure to cobalt without exposure to operational cost and capital cost risks," noted analyst Rupert Merer.

"The shares benefit from a scarcity of investment opportunities in cobalt."

Cobalt 27 holds 2,983 tons of the metal, which has a value of about CA$300 million (CA$300M) on the spot market. "Given the company's market cap is CA$400M, we can conclude that the physical cobalt is responsible for most of the value, but there is more," wrote Merer.

The acquisition value of the company's five royalty agreements is roughly CA$0.9M, a small contribution. However, Cobalt 27 aims to complete additional large streaming and royalty agreements "to add market capitalization or liquidity to the company to further provide upside to shareholders," Merer added. "We believe that it could execute on some streaming deals in the next 12 months."

Since the start of 2017, cobalt prices have doubled to more than $80,000 per ton, Merer reported. With attractive prices, battery and electric vehicle manufacturers are "keen to lock up supply" and "Cobalt 27 could look like a good fallback position for some." Cobalt is a component of the lithium ion batteries used in electric vehicles.

The analyst added that current demand for lithium ion batteries is growing while supply is in shortage. "We believe electric vehicles could propel refined cobalt demand from 105 thousand tons last year to 240 thousand tons per year by the end of 2025," Merer estimated. This supply/demand dynamic will likely cause cobalt prices to stay high in the near term.

As for Cobalt 27's stock, Merer argued, "The shares benefit from a scarcity of investment opportunities in cobalt, anticipation of higher cobalt prices and the potential for the company to sign streaming deals that could create shareholder value."

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Cobalt 27 Capital Corp. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Disclosures from National Bank of Canada Financial Markets, Cobalt 27 Capital Corp., Initiating Coverage, Feb. 15, 2018

Research Analysts – The Research Analyst(s) who prepare these reports certify that their respective report accurately reflects his or her personal opinion and that no part of his/her compensation was, is, or will be directly or indirectly related to the specific recommendations or views as to the securities or companies.

NBF compensates its Research Analysts from a variety of sources. The Research Department is a cost centre and is funded by the business activities of NBF including, Institutional Equity Sales and Trading, Retail Sales, the correspondent clearing business, and Corporate and Investment Banking. Since the revenues from these businesses vary, the funds for research compensation vary. No one business line has a greater influence than any other for Research Analyst compensation.

Click on this link to see the company specific disclosures.

Company specific disclosures

2. National Bank Financial Inc. has acted as an underwriter with respect to this issuer within the past 12 months.

3. National Bank Financial Inc. has provided investment banking services for this issuer within the past 12 months.

4. National Bank Financial Inc. or an affiliate has managed or co-managed a public offering of securities with respect to this issuer within the past 12 months.

5. National Bank Financial Inc. or an affiliate has received compensation for investment banking services from this issuer within the past 12 months.

7. The issuer is a client, or was a client, of National Bank Financial Inc. or an affiliate within the past 12 months.

15. A redacted draft version of this report has been shown to the issuer for fact checking purposes and changes may have been made to the report before publication.

( Companies Mentioned: KBLT:TSX.V; CBLLF:OTC; 27O:FSE, )



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Company Brings Together Artificial Intelligence, Blockchain and Financial Trading

Source: Streetwise Reports   02/21/2018

This tech company, which has been using artificial intelligence to produce financial research, has joint ventured with an Italian bank to create a financial trading platform that has the potential to be used by millions.

Artificial intelligence (AI), with its ability to process enormous amounts of data, is a natural fit for the financial services industry. PwC reported that in its 2017 Digital IQ Survey, "about half (52%) of those in the financial services industry said they're currently making 'substantial investments' in AI, and 66% said they expect to be making substantial investments in three years."

PwC also found that about "three out of four (72%) business decision makers believe that AI will be the business advantage of the future."

Analytixinsight Inc. (ALY:TSX.V; ATIXF:OTCQB) is in the vanguard of the AI movement in finance. According to the company, its CapitalCube.com portal, by utilizing artificial intelligence, "provides comprehensive company analysis, including on-demand fundamental research, portfolio evaluation and screening tools, on over 50,000 global equities and North American ETFs."

The portal works on a "freemium" model, providing free basic financial information, while subscribers access in-depth analysis and predictive analytics.

"We invested because AnalytixInsights had a modest market cap and strong management." – Steve Palmer, AlphaNorth Asset Management

AnalytixInsight states CapitalCube is "designed to empower investment ideas by providing in-depth analysis, peer-to-peer performance evaluations, accounting and earnings reports, dividend strength and AI-supported information about likely corporate actions such as dividend changes, share buybacks and acquisitions."

The company notes that CapitalCube publishes more than 3,000 articles daily and tracks about 2 million user sessions per month. Its content partners include Yahoo Finance, the Wall Street Journal, Thomson Reuters and the Euronext stock exchange.

AnalytixInsight also has partnered with Italy's largest retail bank, Intesa Sanpaolo, to create MarketWall, a real-time stock trading and mobile banking app. The app integrates with Intesa Sanpaolo's MarketHub trading platform, and brings together CapitalCube's company analysis with real-time stock trading data.

The company reports that in the first half of this year it expects to roll out MarketWall to Intesa Sanpaolo's 8 million stock-trading clients. Through a partnership with Samsung, the app will be preloaded on some devices.

The company has also indicated that MarketWall may spinout as a publicly traded FinTech company.

Toward the end of 2017, AnalytixInsight announced that it has taken on blockchain initiatives. The company reported that it is evaluating using blockchain "distributed ledger technology to reduce transaction costs and settlement times for its users and partners in CapitalCube and Marketwall."

AnalytixInsight believes blockchain holds the potential to disrupt the current settlement system, speeding it up and lowering costs.

Steve Palmer, founder, president and chief investment officer of Alpha North, is an investor in AnalytixInsights. He told Streetwise Reports that there are very few was to play the artificial intelligence (AI) space in Canada. "We invested because AnalytixInsights had a modest market cap and strong management—Chairman and CEO Hariharan Prakash was previously a successful fund manager for many year and understands junior equity markets.

"The company has contracts with major companies. Revenue is highly scalable. We also liked the fact that the company was at an inflection point of reporting a net profit," Palmer added.

AnalytixInsight has 69 million shares outstanding and a market cap of approximately CA$34 million.

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Disclosure:
1) Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. She or members of her household own shares of the following companies mentioned in this article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with AnalytixInsight.
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( Companies Mentioned: ALY:TSX.V, )



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