#CryptoCorner #Podcast 652: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $FTFT) (CSE: $BTC.C)

 

 

 

#CryptoCorner #Podcast 652: #Stocks discussed: (NasdaqGS: $HUT) (NasdaqCM: $FTFT) (CSE: $BTC.C)

 

Hut 8 Reports Q2 Results, Future FinTech Incorporates UK Subsidiary, and Bluesky Announces July Mining Numbers

 

Point Roberts, WA, Delta BC August 12, 2021 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

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https://www.investorideas.com/Audio/Podcasts/2021/081221-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/News/2021/crypto-corner/08121HUT-FTFT-BTC.asp

 

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Stocks discussed: (NasdaqGS:HUT) (NasdaqCM:FTFT) (CSE:BTC)

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has reported its financial results for the second quarter ending June 30, 2021. At the end of Q2, according to the press release, the company had a total Bitcoin (BTC) balance of 3,824 with a market value of $166 million CAD, and currently boasts approximately 4,240 Bitcoin, with a market value of about $245 million. A key highlight from the report is that Hut 8 hit its second consecutive record quarterly revenue, with $33.5 million. The company’s CFO, Shane Downey, said:

 

"It is gratifying to see the core strengths of Hut 8, namely our people and operational excellence, combine to advance our commitment to building a diversified leader in the digital asset infrastructure space. Hut 8's disciplined approach to managing our balance sheet, while prioritizing the efficient accumulation of Bitcoin, served us well in Q2- 2021, and that as we continue to focus on execution, we are well-positioned heading into the back half of 2021 and into 2022."

 

Future FinTech Group Inc. (NasdaqCM:FTFT) has announced the incorporation of a new subsidiary, FTFT UK Limited, as an operating base from which to develop fintech business in Europe. According to the press release, FTFT UK aims to create “a new digital banking ecosystem based on blockchain technology to create a highly competitive financial services platform relative to traditional banks.” Shanchun Huang, CEO of FTFT, said:

 

“Our goal is to build an open, stable, safe, friendly and efficient way for customers to do their banking. We believe that we can leverage our core competencies with the challenger banking sector, which provides digital banking services through apps or websites, to build a comprehensive digital financial services platform that would be highly competitive to traditional banking. Our ultimate objective is to become a leading financial technology company and provide customers with a high-quality digital inclusive financial services platform for a superior user experience."

 

Bluesky Digital Assets Corp. (CSE:BTC) has mined an “implied and combined unaudited total of $316,500 CDN worth of cryptocurrencies for the month of July,” including the mining of 3.35 Bitcoin and 65.23 Ethereum (ETH). Ben Gelfand, the company’s CEO, said:

 

"We have always strategically maintained a diversified mining focus through a balanced mining approach on mixed virtual crypto currencies such as Bitcoin and Ethereum. Additionally, we have taken a staged approach to deploying assets and capital, this approach allows us to adapt and pivot to changes in the market and better protect against market volatility while maximizing returns. We are very pleased to see our strategy pay off and look forward to the continued expansion of our operations."

 

Sam Mowers, Investorideas

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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#ExploringMining #Podcast 193 – #Mining #Stocks News from (TSXV: $OTGO.V) (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $HBM) (TSXV: $WGO.V) (TSXV: $GXS.V)

 

#ExploringMining #Podcast 193 – #Mining #Stocks News from (TSXV: $OTGO.V) (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $HBM) (TSXV: $WGO.V) (TSXV: $GXS.V)    

 

Point Roberts WA, Delta BC, August 12, 2021 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts. Today’s podcast was sponsored by O2Gold Inc.

(TSXV:OTGO) , a mineral exploration company with activities in Colombia.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/081221-Mining.mp3

 

Read this in full at https://www.investorideas.com/News/2021/exploring-mining/08121OTGO-DEFN-HBM-WGO-GSX.asp

 

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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced a non-binding Memorandum of Understanding with Sinosteel Equipment & Engineering Co., Ltd, (Sinosteel MECC) a subsidiary of Sinosteel Corporation, “consisting of information sharing, beneficiation testwork and potential concentrator design research cooperation, and an investigation into the establishment of an on-site large-scale pilot plant at the Wicheeda Rare Earth Property to assess the economic and technical feasibility of full-scale mine development.” This will see, among other things, Sinosteel MECC share with Defense Metals its experience in “the rare earths industry relating to beneficiation, Engineering Procurement Construction and EPC financing, and other general knowledge including pricing, costs, and other relevant matters in the rare earth elements industry.”

 

Hudbay Minerals Inc. (NYSE:HBM) has started gold production at its New Britannia mill in Snow Lake, Manitoba, following commissioning and startup activities last month. Peter Kukielski, Hudbay’s President and CEO said:

 

“We are proud of the New Britannia project and operating teams for completing construction activities ahead of the original timelines and achieving a successful ramp up to first gold pour. This is a major growth milestone for Hudbay and our Manitoba business as it marks the beginning of the transition of our Lalor mine to a primary gold operation.”

 

White Gold Corp. (TSXV:WGO) has commenced the maiden diamond drilling program and the completion of a structural Geological interpretation at its Betty Property. The program comprises 2,000 to 2,500m in 10-12 holes on the Betty Ford and Betty White targets. White Gold CEO, David D’Onofrio, said:

 

“We are excited to commence the maiden diamond drill program on our Betty Property. This program has been designed to test several of the prospective gold anomalies on the property which are located in close proximity to existing large gold and copper deposits situated along the same fault structure. The diamond drill program has been designed based on the recently completed structural interpretation in addition to the soil geochemistry and other exploration results from previous seasons.”

 

Goldsource Mines Inc. (TSXV:GXS) has reported additional infill and expansion drill results for its 100 percent-owned Eagle Mountain Gold Project in Guyana, South America. This includes results for 24 core holes totaling 2,100 metres, with a particular highlight being the intersection of 6.0 metres grading 15.73 gpt gold starting 57 metres down expansion hole EMM21-041. The company’s CEO, Steve Parsons, said:

 

"We remain very pleased with the progress of the drill program. The results are providing added definition to the near surface sub-horizontal mineralized zones of the Eagle Mountain deposit, showing continuity of mineralization and expanding zones, at this time, in the Zion and Bacchus areas.”

 

Exploring Mining Podcast Sponsor

O2Gold Inc. (TSXV:OTAGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.

 

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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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#Cleantech and #ClimateChange #Podcast: Back to the Future with dynaCERT ‘s (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) HydraGEN™; @dynaCERT

 

 

 

#Cleantech and #ClimateChange #Podcast: Back to the Future with dynaCERT ‘s (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) HydraGEN™; @dynaCERT

 

Interview with President of Mobile Emissions Testing Inc. and reseller of dynaCERT Inc.‘s #Hydrogen #CarbonEmission Reduction #Technology

Point Roberts, WA, Delta, BC, August 12,  2021 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues an exclusive Cleantech and Climate Change Podcast interview with Jamie MacDonald, President of Mobile Emissions Testing Inc. and an authorized reseller of dynaCERT Inc.‘s (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ).HydraGEN™ Carbon Emission Reduction Technology.

 

Jamie passionately discusses the real world impact of the technology in the trucking industry and how he has witnessed first-hand the benefits of its clean technology.

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/081121-CleanTech-dynaCERT.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/08121dynaCERT-HydraGEN.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Talking about how HydraGEN™ Carbon Emission Reduction Technology has been shown to meet EPA  emission standards and save companies substantial financial damage from lawsuits, he explained, “The government put in place these massive reductions of Nitrogen oxide (NOx) and particulate matter that became law in 2007 but the technology wasn't really there to be able to make these vehicles run reliably. And as good as they are, a year or two older engine will run forever while these new ones are always in the shop. Many are not going to buy a newer than 2007, especially owner-operators. They would rather put a new engine in an older truck, something that's reliable, than roll the dice on these newer ones.”

 

Continued: “Being involved with the emissions industry and having over 4,500 customers with these systems, we saw it plagued the industry with reliability issues. If you needed one truck to do the job and then it turns out you need to buy two trucks because one is always in the shop, it’s very expensive with costly downtime. A large system can cost upwards of $30,000 to maintain annually.”

 

“One of the lawsuits in the industry was upwards of two billion dollars in North America alone. dynaCERT can be a savior to the trucking industry for these vehicles that are being plagued by these lawsuits. HydraGEN™ is able to reduce the emissions of these older engines. If we can meet the tailpipe emissions based on 2010 EPA engine standards on a 1998 engine, this is something that I am very, very passionate about. It is one of the main reasons that we became a HydraGEN™ dealer, to have these tailpipe emissions rival a newer truck, with something that's older or been tampered with.”

 

He also told Investor Ideas, “dynaCERT’s technology reduces Nitrogen oxide (NOx) emissions by up to 88% and that is completely unbelievable in the industry. They really have a product that I'm very proud to be a part of.”

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Podcast host: Dawn Van Zant, founder of Investorideas.com

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.   Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos.

 

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: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Disclosure: DYA is a paid monthly featured cleantech stock on Investorideas.com 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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#Oil and #Gas #Stocks to Watch (TSX: $IPO.TO) (OTCQX: $IPOOF) (TSX: $TOU.TO) (NYSE: $NOG) (NYSE: $MRO) @TourmalineOil @MarathonOil

#Oil and #Gas #Stocks to Watch (TSX: $IPO.TO) (OTCQX: $IPOOF) (TSX: $TOU.TO) (NYSE: $NOG) (NYSE: $MRO) @TourmalineOil @MarathonOil

Fossil Fuels Far From Extinct: Oil and Gas Companies See Record Revenues

 

Point Roberts WA, Delta, BC –August 12, 2021 - Investorideas.com, a leading investor news resource covering oil and gas stocks releases a special report featuring InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF), looking at the stream of record breaking revenues from the oil and gas industry following COVID19 lockdowns and surprisingly, amidst global concerns of climate change and fossil fuel emissions.

 

Read this article, featuring IPO in full at https://www.investorideas.com/news/2021/energy/08121Oil-Gas-IPO-TOU-NOG-MRO.asp

 

The Canadian Association of Petroleum Producers (CAPP) recently released a new report titled, Canada's Natural Gas and Oil Emissions: Ongoing Reductions, Demonstrable Improvement.

 

The report, which lays out the means to a lower-carbon future through innovation and new technology, and illustrates the industry's proven track record of lowering emissions-intensity, is the first in a series of planned Environment, Social and Governance (ESG) disclosures.

 

Ben Brunnen, Vice President, Oil Sands, Fiscal & Economic Policy commented, “Canada's natural gas and oil industry has a track record of being one of the most transparent around the world. This report raises the bar even higher, positioning the industry as a leader in voluntarily reporting the collective emissions performance of our industry, and should be a challenge for other jurisdictions to do the same."

 

Brunnen continued saying, “The international comparable data shows Canada is a good performer when it comes to emissions intensity but also that we're continuously getting better. The key to our future will be the ability of our industry to quickly advance new technologies to continue reducing GHG intensity, keeping Canada a global supplier of choice."

 

InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) reflected this upward trend for Canadian oil and gas having recently announced its financial and operating results for the three and six months ended June 30, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2021 will be available at www.sedar.com and the Company’s website at www.inplayoil.com. 

 

From the news: The company achieved record quarterly production of 5,386 boe/d (68% light oil and NGLs), an increase of 71%  compared to 3,154 boe/d (66% light oil and NGLs) in the second quarter of 2020 and an increase of 8%  compared to 4,965 boe/d (70% light oil and NGLs) in the first quarter of 2021. 

 

InPlay also continued new well production performance in excess of forecasts with the 3.0 net Extended Reach Horizontal (“ERH”) wells drilled in the first quarter of 2021 on our newly acquired Pembina asset having a combined average 120 day initial production (“IP”) rate of 1,390 boe/d (74% light oil and NGLs) based on field estimates. 

 

This led to the company realizing a quarterly record operating income and operating income profit margin of $16.2 million and  64% respectively compared to $0.3 million and 6% in the second quarter of 2020 and $11.9 million and 60% in the first quarter of 2021. 

 

From the news: The Company’s decision to reinvest in the Pembina Cardium has been extremely successful as the results have exceeded expectations since they resumed drilling in this area in late 2019. The three 100% Pembina Cardium 1.5 mile wells drilled in the first quarter of 2021 on lands acquired in the fourth quarter of 2020 have performed exceptionally to date. These wells continue to flow without artificial lift, have produced an average of approximately 55,000 boe per well (73% light oil and NGLs) over their first 120 days and have paid out in three to four months. Their production rates have continued to substantially exceed both their internal forecasted production volumes and reserves assigned to these locations in our December 31, 2020 independent reserve report.

 

From the news: InPlay’s strong results in the first half of 2021 and continuing in the second half of 2021 from the Pembina drills have allowed the Company to increase its 2021 annual average production guidance to between 5,500 and 5,750 boe/d (68% light oil and NGLs) from our previous guidance of 5,100 to 5,400 boe/d (69% light oil and NGLs).  The drilling program for the remainder of the year has not changed from drilling 5.0 net operated horizontal wells.

 

From the news: InPlay is expected to have lower debt exiting 2021 than that previously forecasted, close to our pre-pandemic 2019 debt levels. InPlay’s fourth quarter 2021 annualized net debt to earnings before interest, taxes and depletion (“EBITDA”) ratio(5) is now forecast to be 0.7 to 0.9 times, the lowest in our history

Capital for 2021 is anticipated to be $29 million resulting in forecast AFF increased to an annual record $44.5 - $47.5 million and forecast Free Adjusted Funds Flow (“FAFF”) increased to $15.5 - $18.5 million, a 35 – 39% FAFF yield which will be used to pay down debt. Quarterly AFF in both the third and fourth quarter of 2021 is expected to exceed the AFF generated during the first half of 2021. 

 

From the news: InPlay, like many others in the space, continues to benefit from record levels of production being sold into one of the strongest commodity  pricing environments that have been seen in years. West Texas Intermediate (“WTI”) prices remained strong in the second quarter of 2021 averaging $66.07 USD/bbl compared to $27.83 USD/bbl in the COVID-19 impacted second quarter of 2020. Strong natural gas prices continued in the second quarter of 2021 with AECO daily index prices averaging $2.93/GJ compared to $1.89/GJ in the second quarter of 2020. Realized NGL prices also averaged $30.27/bbl compared to $11.66/bbl for the second quarter of 2020. 

 

The Company’s 2021 guidance is based on a current future commodity price curve with an annual average WTI price of US $64.50/bbl, $3.35/GJ AECO and estimated foreign exchange of $0.80 CDN/USD.

 

Tourmaline Oil Corp. (TSX: TOU) also recently released their financial and operating results for the second quarter of 2021.

 

They saw second quarter 2021 cash flow of $1.89 per diluted share, record free cash flow of $343.9 million, and average production of 410,339 boepd, exceeding the high end of expectations despite challenging operating conditions in June's heat wave.

 

From the news: The updated five-year plan, at current strip pricing, delivers $1.8 billion of FCF in 2022 and $7.0 billion over the full five-year duration of the plan. The 2022 free cash flow equates to over $5.50 per basic share, a FCF yield of 16% and reduces the 2022 total payout ratio to 48%.

 

The Company now expects to achieve year-end 2021 net debt of approximately $1 billion (less than 0.4 times debt to cash flow, and less than one times annual FCF). As at July 15, 2021, Tourmaline's Topaz equity ownership was valued at $939.7 million, which essentially offsets the estimated year-end net debt.

 

From the news: With incremental volumes on the GTN Malin/PG&E system and the Company's recently announced Gulf Coast LNG pathway in 2023, Tourmaline will have 905 mmcfpd exposed to export markets on firm, long-term transport agreements at exit 2023. Tourmaline's largest export market, PG&E California, is currently trading at $5.50/mmbtu (US).

 

Independent oil and gas producer Northern Oil and Gas Inc. (NYSE: NOG) reported second-quarter 2021 adjusted earnings per share of 92 cents, beating the Zacks Consensus Estimate of 69 cents and significantly improving from the year-ago profit of 21 cents. The outperformance can be attributed to higher commodity prices and better-than-expected production.

 

The company’s oil and gas sales of $225.7 million beat the Zacks Consensus Estimate of $182 million. The top line also skyrocketed from the year-ago figure of $20.7 million.

 

Northern, which instituted a 50% dividend hike ahead of its earnings release, saw its adjusted EBITDA more than double to $132.8 million.

 

This is in line with Marathon Oil Corporation (NYSE: MRO) who reported second-quarter 2021 adjusted net income per share of 22 cents, also beating the Zacks Consensus Estimate of 18 cents. In the year-ago period, the company had incurred a loss of 60 cents.

 

Marathon Oil’s bottom line was favorably impacted by stronger liquids realizations and better-than-expected domestic production. Precisely, volumes in the United States came in at 283,000 barrels of oil equivalent per day (BOE/d), beating the Zacks Consensus Estimate of 272,000 BOE/d.

 

Marathon Oil reported revenues of $1.1 billion that jumped from the year-ago sales of $272 million but missed the Zacks Consensus Estimate by 0.4%. This was due to the lower-than-expected international segment production available for sale, which at 65,000 BOE/d fell short of the Zacks Consensus Estimate by 3,000 BOE/d.

 

The company stuck to its $1 billion capital spending budget for 2021 and delivered a free cash flow of $420 million during the quarter.

 

"The notion that we can shut off a major, industrialized economy with the flick of a switch is patently unrealistic," Alberta's Premier Jason Kenney said, as quoted by CBC News, adding that giving up fossil fuels for a country with the geographical location-and climate-of Canada would come at a cost that will be measured in human lives.

 

Kenney went on to note that most of the world was dependent on fossil fuels, and there was "no credible way" to eliminate this dependence in the observable future.

 

"It is a utopian notion that we can suddenly end the use of hydrocarbon based energy," the Alberta Premier said. "The challenge is to shrink carbon and CO² output, and Alberta is increasingly a world leader in that respect."

 

"The industry is confident that they have a place in the future of energy development. It's going to certainly be a different mix of energy sources going forward," according to Tristan Goodman, President of the Explorers and Producers Association of Canada, as quoted by the Financial Post. "Many of our businesses are entering the renewables space, so it's not an either or," he added.

 

As we all continue to face up to the harsh realities of the environmental impacts our modern industries are placing on the world, there is still a place for fossil fuels, even amidst movements towards renewable energy sources. As the world recovers from the manufacturing slow-downs and global supply chain disruptions due to COVID19, fossil fuels may be on the rise for much longer than expected.

 

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