Tuesday, February 28, 2023

#AIEye #Podcast 760: #AI #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $SNAP)



 

 

#AIEye #Podcast 760: #AI #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $SNAP)

 

GBT Enhancing Avant! AI with NLP, and Snap Announces “My AI” Chatbot

 

Global #AI in #Manufacturing to Reach $22.6B by 2030

 

Vancouver, Kelowna, Delta, BC – February 28, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2023/022823-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/02281GTCH-SNAP.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NYSE:SNAP)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is enhancing its Avant! AI technology – which is held by its partially owned subsidiary, GBT Tokenize – with the addition of new Natural Language Processing (NLP) systems and methods for a better user interaction experience. There are also efforts, according to the press release, to “update Avant! training models and back-end architecture to support faster response and robust information.” GBT’s CTO, Danny Rittman, said:

 

"Avant! can understand unstructured data, and takes it from a wide range of sources - professional articles, research papers, blogs, and human's input. It is trained to respond to highly complex questions, and quickly provide an answer, backed by evidence. Since its release GBT Tokenize, which is 50% owned by GBT, has used Avant! within other derivative applications.”

 

Snap Inc. (NYSE:SNAP) has announced the launch of “My AI”, described as “a new chatbot running the latest version of OpenAI's GPT technology” that the company has customized for Snapchat. My AI is currently available as an experimental feature for Snapchat+ subscribers, rolling out this week. The press release boasts that My AI “can recommend birthday gift ideas,””plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku,” but that it “is prone to hallucination and can be tricked into saying just about anything.” Moreover, the chatbot is “designed to avoid biased, incorrect, harmful, or misleading information,” but “mistakes may occur.”

 

Global AI in Manufacturing to Reach $22.6B by 2030

 

A report published by Market Research Future finds that the global AI in Manufacturing market is projected to grow from $1.59 billion USD in 2018 to $22.6 billion by 2030, registering a compound annual growth rate (CAGR) of 48.2 percent in the forecast period 2022-30. The following excerpt from the report’s summary outlines some key factors impacting the growth of the market:

 

Developing market of industry 4.0 and smart factories, increasing adoption of automation by SMEs as well as large enterprises, and development in advanced technologies such as artificial intelligence, machine learning & deep learning are some of the prime factors driving the growth of the Artificial Intelligence (AI) in Manufacturing Market. However, data security & privacy concerns, and high integrating cost of AI-based solutions are some major factors hindering the market growth.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.


GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

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Investor Ideas #Potcasts 649, #Cannabis News- Interview with CEO of NorCal Cannabis

 



 

Investor Ideas #Potcasts 649, #Cannabis News- Interview with CEO of NorCal Cannabis

 

Delta, Kelowna, BC, February 28, 2023 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2023/022823-Cannabis.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/02281Interview-NorCal.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

In today’s podcast Investorideas interviews Jigar Patel, CEO of NorCal Cannabis, one of the largest cannabis operators in California and number one seller of indoor flower, powering beloved brands such as lolo, 1Lyfe, and Panacea, where we discussed surviving in the California cannabis industry, brand creation, inflation on cannabis sales and California cannabis cafes.

 

Patel has over 20 years experience in the cannabis industry and has been a key player in California’s explosive legal market. Founder of four cannabis businesses as well as being an industry leader in bringing local regulatory compliance to many jurisdictions including San Francisco, Santa Rosa, and Sonoma County, Patel’s leadership brought NorCal’s revenue from $2m to over $70m in just three years.

 

Patel began his cannabis journey in true organic fashion as he stated, “I guess my cannabis journey really began with consumption of the product at a young age. Like a lot of folks in my teens, I started trying cannabis and for me it was really an eye-opening thing. As the son of immigrants, I sort of had this path where I was supposed to, go be a doctor or a pharmacist and get a house and get married. And that was what the immigrant story was of the American dream. And I think, cannabis opened me up to a whole world, which I didn't really see prior to that and introduced me to lots of folks from different backgrounds.”

 

“When I went to school at Purdue, I ended up meeting some folks that were growing cannabis back then. Obviously in those days it was highly illegal, and some of those same guys actually had moved to California in the late nineties because of Prop 215 here, and I stayed in contact with them, learned about what was going on in the space and quickly knew that I wanted to be in it. I really dove into the culture of cannabis here in Northern California. Really seeing what it was about and what was this whole prop 215 thing, right? Not many people in those days really understood what it meant, and it was the quasi-legal way of providing medical cannabis to patients. So I quickly realised this was where I wanted to be, moved out here in the early two thousands, then jumped into the political realm and started to understand how I could help effectuate change at the local level and worked with Sonoma County, worked with the city of San Francisco and a lot of other cannabis policies early on. Fast forward to 2015 and I jumped in with two feet and built a grow in San Francisco and that was really the beginning of North Cal. During that time, I'd come across my other two co-founders, Blair Carter and Doug Cortina, who were doing a very similar thing in the same neighbourhood in San Francisco. We quickly realised we were stronger together and that initial partnership was at the beginning of NorCal and today we operate about a hundred thousand square feet of production with almost 30,000 square feet of canopy in our Santa Rosa campus.”

 

When asked about how NorCal helps differentiate itself from the competition and work towards true brand creations, Patel commented, “for us lead cultivators that have been working with for almost 20 some years, we've stayed together as a team, which is very rare in this space. So we operate three brands. One Life, panacea and Lolo. Really that's the good, better, best of indoor flower, and along with that we also make other products, but our core capabilities are in indoor cultivation. We really believe we are some of the most efficient operators in this space. Because we are efficient it allows us to, especially in our brand Lola, actually lead with quality, consistency, but also price.Because we are so efficient at what we do, we're able to provide that value to the consumer consistently and we believe we have the makings of a real brand. I don't think we've truly seen a real brand in cannabis yet and I think we've latched onto something really good with Lolo. I think it resonates with the consumer. I think the value proposition is perfect.”

 

When asked about the difficulties when it comes to marketing a brand like Lolo, Patel went on to say, “when we started NorCal, like everybody else, we'd raised a bunch of money and we had brought on a strong marketing team. I think that even when you talked to those folks that were part of that marketing team early on, I think what they will tell you is, everybody had grand ideas for how to really market cannabis, but nobody had ever really done it. They didn't understand how the system worked, they didn't understand the supply chain and as we brought in these great marketers, who came from very diverse backgrounds, I think what they realised quickly was this wasn't digital marketing, this wasn't Twitter, this wasn't any of the stuff that they were used to. This was a knife fight, those were their words. I think it became clear that these monster marketing budgets weren't really doing much. They weren't moving the needle, right? You would get media play out of it. They'd get a lot of attraction, but the ROI of actually selling cannabis wasn't there.”

 

Patel continued, “I think what we did, which was a little different, was when we did our marketing push early on, we spent a lot of time on business intelligence. What we were able to do there was utilise some of our historical knowledge of what happens in the space, combined with data that we finally had access to, and we were able to look and say, what does a consumer really want? What does a power consumer want? If you look at the power consumer in California, it always came back that they cared about quality, consistency, and price, and a bell went off for us. We don't have to do much. We don't have to spend a bunch of money on marketing. If we can hit those three things and provide that to the consumer, it will resonate. If you look at Lolo over the last year, we sold almost 1 million eighths of flour, which is pretty crazy to think about in a state like California where competition is crazy, and the fact that it's indoor flower I think says more. When we look at other states and realise that most states don't have the ability to grow outdoors, you start to see how Lolo can actually be a brand that actually resonates nationwide, right? As long as the feds don't legalise, which they’re not gonna do anytime soon in our opinion, you'll be able to have, I almost think of it like Coca-Cola bottling plants, different indoor facilities in different states producing the same type of product.”

 

In recent news, a new bill introduced in the state legislature by San Francisco Assemblymember Matt Haney, Assembly Bill 374, would allow cannabis lounges and retailers to offer food, drink, and live entertainment.

 

When asked about this new change for the Cannabis Cafes, Patel said, “I think the cafes are great. I think the one issue that we've seen is just the inability to have food and or drinks really takes the recreational aspect out of it. I'm a firm believer in letting people do what they wanna do and I think the more we can normalise that and allow that, the better it is for the plant.”

 

California’s cannabis industry, though still the largest legal market in the world, has been facing some issues in the legal industry over the past few years.

 

When asked what measures the state could take towards addressing some of the industrie’s issues, Patel commented, “I think there needs to be a reduction of the excise tax. What they did for cultivation tax in California was great, but again, it needs to be passed onto the consumer and I think that the conversation needs to change from this just being about tax revenue to really about jobs and employment.”

 

“We have ways to tax and make money as a state. What we really want are jobs and I think that mindset needs to change and people need to start looking at us, not as just a source of income for the state, but actually as citizens” Patel concluded.

 

No matter what market you’re looking at, there is always a discussion about Black Market cannabis and in California this is a large issue.

 

When asked about how he sees the black market either developing or fading out, Patel said, “People have been growing weed for 30 and 40 years on their parents' properties. You have this generation of folks where this was their life. When you think about the black market going away, what I do think is, I don't think you're gonna start seeing younger and younger growers getting into the game again. I think that the old timers either will make the transition or at some point give up. I think just if I look regionally, and we pay a lot of attention to what happens in the black market because it's all one market at the end of the day, when I talk to the grow shop owners or just locals around here, what I am seeing is a lot of those 10 lighters and 20 lighters and even 50 lighters that used to proliferate the Sonoma Napa or Sonoma Mendo landscape aren't there anymore and people have no intent of putting 'em back up.”

 

To keep updated on NorCal’s business and brands or to find out more information about NorCal Cannabis visit their website here.

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#REE #Stock News-Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Reports Favourable Comminution Data for the Wicheeda Deposit; @defensemetals

 


 

#REE #Stock News-Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Reports Favourable Comminution Data for the Wicheeda Deposit; @defensemetals 

 

Vancouver, British Columbia – February 28, 2023- Investorideas.com Newswire-Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to report favourable comminution results on multiple samples extracted from the Wicheeda deposit.  The data allows the design of the crushing and grinding plant that will be an integral part of the planned Wicheeda development. These data are essential inputs to the upcoming pre-feasibility study (PFS).

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2023/mining/02281DEFN-Wicheeda-Deposit.asp

 

Comminution, i.e., crushing and grinding, will be the first step in the processing of material mined from the Wicheeda deposit.  In the process, coarse, as-mined, rocks are reduced in size to sand-like particles, typically less than 1 mm in size, and suitable for upgrading by flotation or other means. Comminution usually accounts for a significant percentage of the energy demand, production cost and carbon footprint of a mineral processing plant.

 

John Goode, Metallurgy Advisor, stated: “Comminution tests on seventeen variability samples and a Master Composite show that the ore is soft, amenable to conventional grinding operations and has a low abrasion index. The recent results confirm, and expand on data obtained from a 30 t bulk sample taken in 2019.  The data show that a conventional semi-autogenous grinding (SAG) mill-ball mill circuit will work well and that grinding energy and supply costs will be relatively low.”

 

Key Highlights:

Ø  The Wicheeda variability samples and Master Composite were studied using the industry-standard SMC test to determine amenability to, and sizing design parameters for, SAG processing.  The A x b value averaged 97 and the SAG Circuit Specific Energy (SCSE) averaged 7 kWh/t indicating a very soft ore. 

Ø  The Bond rod mill work index test was applied to the Master Composite and returned a value of 10 kWh/t – which again indicates a very soft feed material.

Ø  The Bond ball mill work index test was applied to all samples and resulted in an average of 10 kWh/t using a 65-mesh closing screen.  This again indicates a very soft feed material.

Ø  A standard Bond abrasion test was performed on the Master Composite and returned a value of 0.059 g meaning a very low consumption of grinding balls and mill liners is anticipated.

Ø  The Bond ball mill work index and abrasion index data for these new samples are very similar to the values obtained on the 2019 bulk sample taken from the Wicheeda deposit giving additional confidence in the new data.  Comminution data for the 2019 bulk sample were used during preparation of the 2021 Independent Preliminary Economic Assessment1.

 

Methodology

Seventeen variability samples and a Master Composite were made from drill core taken from the Wicheeda deposit. The variability samples covered different lithologies, depths, areas and grades of the deposit.  The Master Composite had a mass of 260 kg and included all lithologies in the approximate ratios of their mass in the deposit.

SGS Lakefield performed all of the comminution tests. The SMC testing protocol is an industry-standard method of evaluating the amenability of material to grinding in a semi-autogenous grinding (SAG) mill.  The Bond rod and ball mill indices and abrasion index are also industry-standard tests performed on crushed ore and are essential to the accurate sizing of a grinding circuit.

The comminution data will be used, along with other information, during the upcoming pre-feasibility study (PFS) to design the comminution circuit for the Wicheeda project.

 

PDAC Convention, Toronto, March 5 - 8, 2023

The Company is also pleased to announce that it will be attending this year’s Prospector’s and Developer’s Annual Convention (PDAC) in Toronto, Ontario, Canada from Sunday, March 5 to Wednesday, March 8, 2023.

 

The Company’s management team, members of the Board of Directors and technical advisors will be available during the convention (www.pdac.ca/convention) and invite you to drop by Booth #2500 in the Investors Exchange in the Metro Toronto Convention Centre from March 5 - 7, 2023, 10 a.m. to 5 p.m. and March 8, 2023, 9 a.m. to 12 p.m. to discuss the Company’s latest activities and plans for 2023 and onward.

 

In addition, we invite you to attend the following presentation at PDAC, which includes Kris Raffle, P.Geo, a director of the Company, presenting on behalf of Defense Metals at 2:14 p.m.: Electric materials / Rare earth elements (REE), Room 801B - MTCC Level 800.

 

Qualified Person

The scientific and technical information contained in this news release, as it relates to the Wicheeda Rare-Earth Project, has been reviewed and approved by John Goode, P. Eng., who is a Qualified Person as defined by National Instrument 43-101 and who has provided the technical information relating to metallurgy in this news release.

 

About the Wicheeda REE Property

Defense Metals 100% owned, 4,262-hectare (~10,532-acre) Wicheeda REE property is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. The Wicheeda REE Project is readily accessible by all-weather gravel roads and is near infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

 

The 2021 Wicheeda REE Project Preliminary Economic Assessment technical report (“PEA”) outlined a robust after-tax net present value (NPV@8%) of $517 million and an 18% IRR[1]. This PEA contemplated an open pit mining operation with a 1.75:1 (waste:mill feed) strip ratio providing a 1.8 Mtpa (“million tonnes per year”) mill throughput producing an average of 25,423 tonnes REO annually over a 16 year mine life. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

 

About Defense Metals Corp.

 

Defense Metals Corp. is a mineral exploration and development company focused on the acquisition, exploration and development of mineral deposits containing metals and elements commonly used in the electric power markets, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals owns 100% of the Wicheeda Rare Earth Element Deposit located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, completion of the PFS, attending PDAC, the Company’s plans for its Wicheeda REE Project, expected results and outcomes from the comminution data, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.comWhile such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/

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[1] Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).