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Alaska Energy Metals Reveals Major Nickel Discovery Among Billionaire Tech TitansAlaska Energy Metals $AEMC Q: $AKEMF, Reveals Major Nickel Discovery Alongside Billionaire Tech Titans Property in Alaska.

Alaska Energy Metals Reveals Major Nickel Discovery Among Billionaire Tech TitansAlaska Energy Metals $AEMC Q: $AKEMF, Reveals Major Nickel Discovery Alongside Billionaire Tech Titans Property in Alaska.

Nov 29, 2023 | Business, Economy, Energy, Finance, Finance Stocks, FP Articles, Industrials, Metals, News, Stock News, Stocks, Technology | 0 comments

Alaska Energy Metals Corp., trading as $AEMC on the TSX-V and Q:AKEMF in the US, is emerging as a dominant force in the international arena of sustainable metals for EVs.

On the heels of a new, fully approved acquisition in Quebec, Canada, Alaska Energy Metals announces a marketing contract that says something most people can recognize all by itself, and just yesterday and a sale of critical Geological data to a very interesting neighour (more on that later!), this Company may have something special going on.

It’s been a significant month for $AEMC to say the least. On Nov 20, 2023, they announced a NI43-101 on a massive Maiden Mineral Resource Estimate on their Nikolai Project in Alaska, boasting an impressive endowment of over 1.5 billion pounds of nickel in two separate deposits. That is a LOT of Nickel, especially in this day and age where it’s in incredibly high demand.

This NI43-101 is based on historical drill hole data the company purchased earlier in the year and this easily positions them as a serious force in the industries of Mining and EV Suppliers.

Gregory Beischer, President and CEO of $AEMC, thinks the two inferred mineral resources, about two kilometres apart, were identified using historical drill holes, and with more drilling, including their Summer 2023 drill program (results not out yet), it shows promise in connecting these deposits. Eureka’s emergence as a major nickel resource in North America seems pretty close.

Now, getting back to yet another colossal news release, just yesterday they announced the sale of vital Geological data to a very interesting neighour. The Company happens to be literally alongside a Company called Kobold Metals. It’s owned by some names you may know or may not know. Bill Gates, Jeff Bezos, Richard Branson, Ray Dalio, and Michael Bloomberg.

$AEMC sold part of its extensive exploration data, acquired earlier this year from previous district explorers to a KoBold Metals Company subsidiary for US$175,000. This data, crucial for the Skolai Project adjacent to AEMC’s Nikolai Nickel Project in Interior Alaska, demonstrates KoBold’s dedication to its innovative approach, incorporating machine learning and artificial intelligence in mineral exploration.

Kobold has raised $192 million for its AI-driven mineral exploration, aiming to develop a “Google Maps” for the Earth’s crust, focusing on locating cobalt deposits. Even the Canada Pension Fund has a good stake in Kobold,- so what does that tell you?

Since we’re talking dollars, $AEMC just had approx 16M Shares come free trading at a discount from its recent high of $0.64 CDN or approx $0.47 USD; this here is what some would call a buying opportunity!

Gregory Beischer, President and CEO of Alaska Energy Metals, brings extensive expertise as a Geologist and Mining Engineer. His leadership is pivotal for the Nikolai Project, which is strategically located in Interior Alaska and is rich in diverse metals.

It’s important to note that these “mineral resources” are not yet confirmed as economically viable “mineral reserves.” However, the Nikolai Project’s substantial metal deposits mark a significant advancement for the electrical energy sector, especially for EV technology reliant on these metals.

The newly announced Marketing program (which this is not a part of; we are not being paid for this) will likely enhance their visibility and attract more stakeholders, further solidifying their market presence.

Beischer, Gates, and Bezos have expressed firm commitments to environmental causes. Investing in a company that aims to ethically source materials for green technologies is an opportunity for any investor to do something good.

With $AEMC’s recent developments, they are well-positioned to build synergy with Kobold, fostering a collaborative environment for sustainable growth.

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Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions.

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The November Surge and the Rising Tide of Insider Stock Purchasing

The November Surge and the Rising Tide of Insider Stock Purchasing

Nov 28, 2023 | Business, Crypto, Economy, Energy, Finance, Finance Stocks, FP Articles, Industrials, News, Press releases, Stock News, Stocks, Technology | 0 comments

The November Surge and the Rising Tide of Insider Stock Purchasing

When insiders start buying their own stocks, it becomes a signal that most intelligent investors look for.

Fortunately, insiders have had a substantial uptick in stock purchases, signalling confidence that the stock market’s November surge has more momentum.

This trend is particularly noteworthy as it involves high-profile investors and smaller players, all showing renewed confidence in the market’s potential.

Despite some concerns about a potential recession in 2024, insiders have historically been adept at market timing, and their current buying spree is a clear and decisive vote of confidence.

The number of corporate insiders purchasing their stock in November is noteworthy, more than doubling from the previous month.

Although the number of sellers has also increased, the growth in buyers is more pronounced, leading to the highest buy-sell ratio since May.

This surge in buying comes as the stock market rebounds from a significant downturn earlier in the year. Many are optimistic that the Federal Reserve will end its rate-hike policy as inflation shows signs of easing.

During November, an astonishing $5 trillion was added to the value of shares, a movement that hasn’t gone unnoticed. Goldman Sachs Group Inc. and Bank of America Corp. have both reported significant increases in repurchase activities.

However, this could lead to some volatility in the short term, especially as certain investors might adjust their holdings depending on market movements.

Goldman Sachs warns that the market could experience some downside once corporate demand decreases. With corporations in the S&P 500 showing positive earnings growth and forecasts suggesting further expansion next year, stocks are becoming an increasingly attractive investment option.

This insider buying is mainly happening for companies outside the major tech giants, which have not performed as well in 2023, but we may see a reversal in fortunes next year.

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Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions.

Alaska’s Opportunity in the EV Revolution: Unleashing Its Vast Battery Metal Deposits

Alaska’s Opportunity in the EV Revolution: Unleashing Its Vast Battery Metal Deposits

Nov 27, 2023 | Business, Economy, Energy, Finance, Finance Stocks, FP Articles, Industrials, Metals, News, Stock News, Stocks, Technology | 0 comments

In the high-stakes, extremely lucrative race of the electric vehicle (EV) revolution, Canada’s ambitious plans to electrify its roads are hitting a hard reality – a severe shortage in essential minerals, many of which currently come from sources marred by child labor and abusive practices.

Imagine this: by 2035, Canada dreams of a future where every new passenger and light truck is a beacon of zero emissions. Achieving this eco-friendly utopia requires a herculean effort in mining: a whopping 388 new mines for lithium, nickel, cobalt, and other battery metals. It’s a tall order, especially when you consider the current landscape – a modest 70 mines in Canada and 270 in the U.S.

Enter Alaska, the rugged, resource-rich frontier with a golden (or should we say Nickel) opportunity. This northern giant is sitting on a treasure trove of battery metals, ready to leap into action.

Alaska is perfectly poised to become a game-changer in bridging this critical mineral gap with more ethically sourced materials. Some of the biggest mines in the World already exist in Alaska, but it remains largely unexplored.

Alaska’s entry into this arena isn’t new but it’s so untouched it could be the place to find the missing link in the EV Metals challenge. Alaska’s participation in this domain extends beyond mere resource extraction; it represents a commitment to providing a more ethical and sustainable solution to the prevailing issues plaguing current mineral sources, thereby propelling North America into a leading role in the EV revolution.

The challenge is titanic: mining projects are marathons, not sprints, often entangled in a web of environmental and regulatory hurdles. Alaska, known for its bold spirit and vast untapped resources, could defy these odds, offering more than just mining minerals.

The state could fast-track its mining prowess, turning the tides in the global race toward a greener and more ethically conscious future. As the world watches with bated breath, Alaska could be the unexpected hero in this thrilling journey toward an electrified tomorrow.

With its vast resources and daring spirit, Alaska isn’t just bridging a gap – it’s paving a bright, electric path into the future, marked by a commitment to ethical and sustainable practices. Keep an eye out for Companies working on solving this issue up there, there are fortunes to be made.

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Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research and consult with a financial advisor before making any investment decisions.

How the Stock Market Typically Wakes Up from Its Thanksgiving Coma

How the Stock Market Typically Wakes Up from Its Thanksgiving Coma

Nov 27, 2023 | Business, Crypto, Economy, Energy, Finance, Finance Stocks, FP Articles, Metals, News, Press releases, Stock News, Stocks, Technology | 0 comments

As Thanksgiving week winds down, investors often wonder what the stock market might do next. Historically, this period has shown varied results, making it an intriguing time for market watchers.

The S&P 500 typically ends Thanksgiving week on a high note, and this positive momentum sometimes carries into the following days. However, this isn’t a consistent trend, as market responses can vary significantly from year to year.

Increased trading activity and higher returns are common around holidays, and the post-Thanksgiving period is no exception. This phenomenon, known as the holiday or weekend effect, adds an element of unpredictability to the market’s performance.

In recent years, the stock market’s post-Thanksgiving performance has been a mixed bag. While some years have seen continued upward trends in major indexes like the Dow Jones and the S&P 500, others have experienced more muted or varied results. The day after Thanksgiving, in particular, can see different sectors responding differently, with some showing gains and others not.

Market volatility during this period also varies. The days just before and after Thanksgiving are often characterized by strength and low volatility, but the subsequent period can sometimes see increased volatility. This shift can be influenced by a range of factors, including economic indicators and global events.

In summary, the stock market’s behavior after Thanksgiving week is unpredictable, and influenced by various factors. Investors should be prepared for anything from continued gains to heightened volatility.

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Global Inflation and Spending Concerns Loom As Wall Street Open Approaches

Global Inflation and Spending Concerns Loom As Wall Street Open Approaches

Nov 27, 2023 | Block Chain, Business, Crypto, Economy, Energy, Finance, FP Articles, Industrials, Metals, News, Oil&Gas, RealEstate, Stock News, Stocks, Technology | 0 comments

Wall Street had a mixed closing last week, ending a half-day session that concluded its fourth straight week of gains.

Black Friday initiated the holiday shopping season, but worries about spending cuts due to shrinking savings, rising credit card debt, and inflation loomed over the markets.

In early Monday trading, the yield on the 10-year Treasury note, which affects mortgage and loan rates, rose to 4.50% from 4.47%.

In the oil market, benchmark U.S. crude fell 66 cents to $74.88 per barrel in electronic trading on the New York Mercantile Exchange, after a $1.56 drop to $75.54 per barrel on Friday.

The S&P 500 slightly rose by 0.1% to 4,559.34 on Friday, and the Dow Jones Industrial Average increased by 0.3% to 35,390.15. In contrast, the Nasdaq composite dropped by 0.1% to 14,250.85. This shift was mainly due to performance improvements in the healthcare, financial, and energy sectors balancing out tech stock losses.

Globally, Brent crude decreased by 62 cents to $79.86 per barrel. The currency market saw the U.S. dollar decline slightly to 148.96 Japanese yen from 149.53 yen, while the euro remained steady at $1.0945.

After Thanksgiving, the trading atmosphere was relatively calm. Major tech players like Nvidia and Alphabet, Google’s parent company, saw their shares fall by 1.9% and 1.3%, respectively.

Conversely, CF Industries and Best Buy experienced increases of 2.6% and 2.2%, respectively.

This is all prior to an important update expected with the government’s October release of a key inflation measure watched by the Federal Reserve.

These recent gains in major stock indexes mark a change in market sentiment since November, following a three-month period of decline. There is a growing cautious optimism among traders, hoping that inflation has subsided enough for the Federal Reserve to halt its rate hikes. Already, Asian stock markets saw a downturn amid investor concerns over consumer spending and inflation. In Japan, the Nikkei 225 decreased by 0.4% to 33,479.71, following an unexpectedly high producer price index of 2.3% in October.

China’s industrial profits dropped by 7.8% in October, indicating a sluggish recovery. Hong Kong’s Hang Seng and the Shanghai Composite fell by 1.0% and 0.8%, respectively.

Central banks in Asia, including those in New Zealand, Korea, and Thailand, are set to hold policy meetings this week. Despite no expected policy changes, the focus remains high due to inflation worries.

Lastly, Australia’s S&P/ASX 200 and South Korea’s Kospi both saw declines of 0.4% and 0.2%, highlighting the regional impact of these global economic concerns.

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