Monday, April 26, 2021

#CryptoCorner #Podcast 577: #Stocks discussed: (NYSE: $JPM) (NasdaqGS: $OSTK) (TSXV: $BITF.V) (TSXV: $DMGI.V)

 



 

 

#CryptoCorner #Podcast 577: #Stocks discussed: (NYSE: $JPM) (NasdaqGS: $OSTK) (TSXV: $BITF.V) (TSXV: $DMGI.V)

 

#Bitcoin Rebounds After Weekend Slump, JPMorgan to Open Bitcoin Fund, Overstock Closes #Blockchain Fund Transaction with Pelion, Bitfarms Gives Quebec Expansion Update, and DMG Buys Another 1,800 Miners

 

Point Roberts, WA, Delta BC April 26, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/042621-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/04261JPM-OSTK-BITF-DMGI.asp

 

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Stocks discussed: (NYSE:JPM) (NasdaqGS:OSTK) (TSXV:BITF) (TSXV:DMGI)

 

After reaching a low of roughly $47,150 on Sunday, Bitcoin (BTC) has rallied nearly 8 percent in the past 24 hours and is now trading for about $53,600, according to data from CoinMarketCap. The crypto market is looking quite green today more broadly, with major altcoins Ether (ETH) and XRP up about 7.5 percent and 14.75 percent, respectively.

 

CoinDesk reports that JPMorgan Chase (NYSE:JPM) “is preparing to offer an actively managed bitcoin fund to certain clients,” “as soon as this summer.” Sources familiar with the matter told CoinDesk that institutional bitcoin shop NYDIG will act as JPMorgan’s custody provider, and that fund will be actively managed.

 

Overstock.com (NasdaqGS:OSTK) has closed its blockchain fund transaction with third-party venture capital firm Pelion Venture Partners. This has converted Medici Ventures, Overstock’s wholly owned blockchain-focused subsidiary, into a limited partnership to be managed by Pelion. Overstock CEO Jonathan Johnson commented:

 

“We remain bullish on blockchain technology and are excited for Medici Ventures to enter this new post-closing phase. Pelion has spent the last three months getting to know these portfolio companies better. I expect Pelion, which will oversee the portfolio and make follow-on investment decisions, will take these companies to the next level and help guide them to economic success.”

 

Bitfarms Ltd. (TSXV:BITF) has provided an update regarding its expansion plans in the Canadian province of Québec. This consists of the renovation of the company’s Cowansville site, which will involve upping the installed power at the site from 4 MW to 17 MW. Bitfarms also “recently ordered materials, transformers, and electrical equipment to develop a further 66 MW of power capacity in Québec during the remainder of 2021 for a new mining site in Sherbrooke.” According to the press release, “the new infrastructure will be able to support approximately 21,000 new generation miners capable of adding approximately 2.1 EH/s of new production.”

 

DMG Blockchain Solutions Inc. (TSXV:DMGI) has purchased an additional 1,800 bitcoin ASIC miners, adding about 180 PH/s, and thereby increasing the company’s total hashrate to more than 680 PH/s. Sheldon Bennett, DMG’s CEO, said:

 

“As described during the Company’s April 22, 2021 conference call, DMG continues to focus its Core+ strategy by increasing the procurement of newest generation equipment. Along with its Core strategy, DMG will work to transition these miners to immersion cooling to gain further efficiencies in power consumption and increased overall hashrate. With the addition of these miners, along with our commitment to our Core+ strategy of investing and growing the Blockseer platforms, DMG continues to execute on its vertical integration.”

 

Sam Mowers, Investorideas

 

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Investor Ideas #Potcast 557, #Cannabis News and #Stocks on the Move; Interview with Alex Gettlin, Host of the “Highly Unlikely” Podcast

 



 

 

 

Investor Ideas #Potcast 557, #Cannabis News and #Stocks on the Move; Interview with Alex Gettlin, Host of the “Highly Unlikely” Podcast

 

Podcast sponsored by Phyto Extractions Inc. (CSE: $XTRX.C)

 

Delta, Kelowna, BC, April 26, 2021 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  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/2021/042321-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/04261Interview-Alex-Gettlin.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

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Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

Today’s podcast is sponsored by Phyto Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing (extraction, no cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc. and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs also has a pending Health Canada R&D license amendment.

 

In today’s podcast Investorideas interviews Alex Gettlin, Comedian and Host of the new “Highly Unlikely” Podcast, where discussed the launch of the show, how Alex chose both his guests and the strains of cannabis for the show and what it’s like having a job where you get to get high for work.

 

Highly Unlikely is one of Wikileaf’s new podcast series being launched along with Hip Hop History High and Wikileaf Audio. Wikileaf is a price comparison platform for recreational and medicinal cannabis consumers and provides consumers with instant price comparison among dispensaries in their immediate vicinity.

Since its inception in 2014, Wikileaf's mission has been to empower the cannabis consumer and achieves this through transparency in pricing when shopping for dispensaries or deliveries and transparency in information whether researching strains, brands, industry news or jobs.

 

Highly Unlikely is described as, “have you ever gone down a rabbit hole and discovered facts about reality that blow your mind? Well, so do we, the only difference is on Highly Unlikely, we do it stoned.”

 

Alex Gettlin commented on the show and getting paid to get high saying, “it definitely is fun to think of my life 10 years ago and the sort of stigma around smoking weed, and now my creative endeavors are becoming successful largely in part due to cannabis. For me, I use it for two reasons; one it helps me sleep at night, a nice Indica really helps relax me, and the other one I really enjoy is a nice Sativa that helps me go into those weird corners of my brain and come up with interesting ideas. I think it’s really helped my own creativity and curiosity. It’s really cool to have a job to literally get paid to smoke weed and talk about crazy and wild facts from all over the Internet.”

 

Season 1 of Highly Unlikely launched recently on 4/20 and will have eight episodes featuring Brent Pella, Kate Quigley, Slink Jonhson, Ben Gleib, Armando Torres, Chirs Cope, Alex Hooper and Chuante Wayans.

 

Gettlin commented on some of the more interesting and confusing elements of the cannabis industry he came across while prepping for the show mentioning, “this is the first time I’ve actually done anything involved with the business end of the cannabis world. It’s been a little frustrating learning how unclear all the rules are around social media platforms and cannabis use and what you can put where. I also learned that because it’s federally illegal still, of all of the financial troubles around the business end of cannabis, investors and entrepreneurs. I’m not an expert but just common sense to me seems that you have this incredible market, the sciences shows this isn’t a major threat to people’s health like cigarettes or alcohol is, it’s an incredible opportunity to create jobs, so why wouldn’;t you make it as easy as possible for folks to do this and build revenue for communities. On the cool side, learning how nuanced and convoluted all the different strains are, and how when they grow the plants ,the females create the THC.”

 

Gettlin continued to discuss possible future guests for the podcast, his own cannabis and psychedelic experiences and even eventually including psychedelics in the show's concept in the future.

 

To check out the first two episodes from Highly Unlikely click here.

https://podcasts.wikileaf.com/show/highly-unlikely/

 

Once again, today’s podcast is sponsored by Phyto Extractions Inc. (CSE:XTRX), an agricultural-scale cannabis extraction, distillation and product manufacturer located in Langley, BC at its co-located Health Canada Licensed Standard Processing (extraction, no cultivation), Sales (extracts, topicals, and edibles) through Adastra Labs Inc. and Analytical Testing Laboratory through Chemia Analytics Inc. Adastra Labs also has a pending Health Canada R&D license amendment.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

 

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.

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.

 

Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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#RareEarth #Metals Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)- “Chinese demand to fuel Rare Earths market demand for years to come” @DefenseMetals

#RareEarth #Metals Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)- “Chinese demand to fuel Rare Earths market demand for years to come” @DefenseMetals

 


Vancouver, British Columbia –
  April  26, 2021 - Investorideas.com Newswire –Media alert for Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D). The company was featured in the following article: “Chinese demand to fuel Rare Earths market demand for years to come.”

 

Read this alert featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04261DEFN-Chinese-Demand.asp

 

Full article link

https://resourceworld.com/?p=64289&preview=1&_ppp=af1c509aed

 

By David Duval

 

Excerpt

Few industrial commodities have the exotic appeal of Rare Earth Elements (REEs), a group of 17 elements referred to as the lanthanide series in the periodic table of elements. They are widely used in a variety of industrial applications, with the manufacturing of permanent magnets representing the single largest and most important end use for REEs. This market segment alone accounts for 38% of total forecasted demand.

 

A recent report in the Financial Times alleged that China is considering the placement of export controls on REEs in order to damage U.S. industry and more specifically defense production. Perhaps with this threat in mind, during the last days of the Trump administration over US$800 million was allocated for REE and strategic minerals research in a pandemic stimulus package.

 

Defense Metals Corp. TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D) is taking a number of steps to advance its 100%-optioned Wicheeda Light Rare Earths Elements (LREE) property in British Columbia.

 

Rare earth elements are a group of 15 elements with tongue-twisting names like praseodymium, neodymium, terbium and dysprosium, and which are vital to green technology and high-tech applications. They fall into two sub-groups: light and heavy, with the heavies being more scarce.

 

Since the U.S. relies on China, the dominant global supplier, for about 80% of its rare earths imports, security of supply became an issue at the beginning of the last decade when China imposed export restrictions, a move that sparked renewed investor interest in the sector.

 

China has dominated the rare earths industry for 30 years and there is little indication that this will change any time soon, industry officials say. Now, with a dramatic increase in demand for rare earth magnets needed to drive electric transportation and produce clean energy solutions, the industrial world remains exposed to Chinese dominance.

 

It means there is a big opportunity for a company like Defense Metals. Its key asset is the 1,708-hectare Wicheeda Light Rare Earth Element Property located approximately 80 kilometres northeast of Prince George, B.C. The property is accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway and major highways.

 

Favourable mineralogy and lanthanide distribution make Wicheeda a very attractive LREE deposit, the company has said. Two specific rare earth minerals Monzanite and Synchysite/Parasite-Bastanaesite are present in equal proportions.

 

The project hosts an indicated mineral resource of 4.89 million tonnes averaging 3.02% LREO (Light Rare Earth Oxide) and an inferred mineral resource of 12.1 million tonnes averaging 2.9% LREO. The 2020 estimate marks a 40% increase in overall tonnage and 30% increase in the overall average grade compared to the 2019 maiden resource estimate. The company is targeting a potential +15-year mine life at a 2.0 million tonne/year throughput.

 

Meanwhile, Defense Metals is working in parallel on all facets of project development including baseline environmental, pilot-scale metallurgical studies; in addition to economic modelling and scenario analysis as it moves towards completion of a preliminary economic assessment (PEA) during 2021.

 

Defense Metals has engaged SRK Consulting (Canada) Inc. to conduct an economic scenario analysis of its Wicheeda Project that will facilitate decision making related to performing a PEA. The scenario analysis will evaluate the potential of multiple mine development scenarios through the completion of economic trade-off studies, which, subject to results, will form the basis for the PEA.

 

Positive flotation and hydrometallurgical test work achieved a high-grade 50% LREO concentrate at above 85% recovery. Hydrometallurgical test work demonstrated 90% REE extraction with opportunities for further improvement.

 

Defense Metals recently commissioned the Saskatchewan Research Council (SRC) to complete an X-Ray Transmission (XRT) sorting amenability study on Wicheeda REE mineralization.

 

The move comes after Defense Metals and SRC were awarded National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) funding, a Government of Canada funded program mandated to provide financial support for technology innovation.

Funding awarded under the NRC IRAP will cover approximately 70% of the estimated cost of the XRT amenability study test-work, the company said.

 

The objective of the SRC amenability study is to investigate XRT sorting for the purpose of upgrading Wicheeda REE mineralization prior to downstream processing. Sensor-based sorting has several advantages when applied to REE mining projects in that beneficiation occurs without water and with reduced grinding requirements. (Beneficiation is any process that improves (benefits) the economic value of the ore by removing gangue minerals (unmineralized waste).

 

The investigation will assess how much gangue can be removed from the head feed.

It will also carry out an iterative study of different sorting sizes to process in the XRT sorter assessing both the grade of the upgraded concentrate and the grade of waste for economic studies whereby the optimum operational parameters can be determined.

 

XRT sorting has the potential to realize several significant project benefits, including:

 

·        Relatively low-cost gangue (unmineralized waste) removal and volume reduction at the front-end of the Wicheeda REE processing stream.

·        Potential to have a significant positive benefit on downstream flotation and hydrometallurgical processes via reduced water, heating and reagent consumption costs.

·        Depending on the success of the test-work, these reductions may contribute to overall lower size/ throughput and capital cost of potential future commercial REE concentration and refining facilities at Wicheeda.

 

“Defense Metals looks forward to investigating the potential of low-cost front-end upgrading of Wicheeda REE mineralization via XRT sorting,” said Defense Metals CEO Craig Taylor. “We are working on a PEA, looking forward to another exciting drill program, more environmental work and possibly a PFS by year end.”

 

The company was notified by its Asia-based adviser, Golden Dragon Capital Ltd., that it has received requests from two leading global REE smelting and separator enterprises to provide samples of Wicheeda REE mineral concentrate for evaluation prior to negotiations of an initial memorandum of understanding (MOU) and subsequent potential mineral concentrate offtake agreements. These requests are the third and fourth REE concentrate evaluation requests received to date, and discussions are currently continuing with several other parties.

 

Defense Metals recently received the formal Wicheeda rare earth element (REE) project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. The company’s successful 26-tonne flotation pilot plant campaign, also completed at the SGS Lakefield, Ontario metallurgical test facility, yielded approximately 1,200 kilograms of high-grade REE mineral concentrate. Initiation of the hydrometallurgical pilot plant test program is the next step in establishing overall flowsheet operability at scale.

 

These developments are part of a plan to advance Wicheeda along the road to production. The Wicheeda deposit hosts neodymium and praseodymium LREEs and Defense Metals is positioning itself to meet the growing demand for these North American-sourced Light Rare Earth Elements.

 

On April 23, 2021, Defense Metals shares were trading at .415 cents in a 52-week range of 75 cents and $0.115, leaving the company with a market cap of $26.7 million based on 64,440,000 shares outstanding.

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property 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

 

Paid News -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 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. Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) 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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