| | KRO 2016 Spec Value Hunter Index
Publisher: Kaiser Research Online
Author: Copyright 2016 John A. Kaiser
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| |
KRO Theme Index: KRO 2016 Spec Value Hunter Index
| Index Criteria: |
| Index Method: Each member of a KRO Index is assigned a value of $1,000 when added to the index, which is divided by the closing stock price on the inclusion date to arrive at a quantity of shares which remains constant during the life of the index. In the event of a split or consolidation, the quantity is adjusted by that ratio. If a company is divided into separate entities, the surviving entity that meets the index criteria has its quantity recalculated by dividing the prior day value by the subsequent closing price of the surviving entity. If a company is delisted pursuant to a takeover bid or merger, the value on the delisting day remains part of the index and the total members will include that company. The same applies to companies which have lost their eligibility. The value of the index is the total value divided by the number of members, which will be 1000 at the official start date. The value of the TSXV Index on the offcial start date is normalized to 1000, and the resulting factor is used to adjust the TSXV Index for comparison purposes. |
| Index Start Date | December 31, 2015 | Current Date | February 6, 2018 |
| Index End Date |
| Current Value | 1967.2 |
| Index backdated to | January 2, 2014 | Total Members | 16 |
| KRO 2016 Spec Value Hunter Index - Members as of February 6, 2018 |
|---|
| Ceased to be index members due to delisting or ineligibility - their value is frozen as of the end date and included in the daily index calculation. |
|---|
| Underwent a rollback or split which resulted in an adjustment to the share quantity used in the member's index value calculation. |
|---|
| Company | Active | Start | End | Quantity | Weight | Value | Chg |
|---|
| Arizona Mining Inc (AZ-T) | Yes | 3/4/2016 |
| 2,174 | 29.5% | 9,283 | 828.3% |
| Eastmain Resources Inc (ER-T) | Yes | 12/31/2015 |
| 2,941 | 2.6% | 809 | (19.1%) |
| FPX Nickel Corp (FPX-V) | Yes | 12/31/2015 |
| 20,000 | 7.6% | 2,400 | 140.0% |
| InZinc Mining Ltd (IZN-V) | Yes | 12/31/2015 |
| 15,385 | 9.0% | 2,846 | 184.6% |
| Midas Gold Corp (MAX-T) | Yes | 12/31/2015 |
| 3,226 | 9.9% | 3,129 | 212.9% |
| Namibia Rare Earths Inc (NRE-V) | Yes | 12/31/2015 |
| 22,222 | 2.8% | 889 | (11.1%) |
| Northcliff Resources Ltd (NCF-T) | Yes | 12/31/2015 |
| 11,765 | 5.4% | 1,706 | 70.6% |
| Peregrine Diamonds Ltd (PGD-T) | Yes | 12/31/2015 |
| 7,407 | 3.3% | 1,037 | 3.7% |
| San Marco Resources Inc (SMN-V) | Yes | 9/20/2016 |
| 5,882 | 3.1% | 971 | (2.9%) |
| Scandium Intl Mining Corp (SCY-T) | Yes | 12/31/2015 |
| 6,897 | 3.6% | 1,138 | 13.8% |
| Serengeti Resources Inc (SIR-V) | Yes | 8/10/2016 |
| 6,897 | 3.1% | 966 | (3.4%) |
| Sirios Resources Inc (SOI-V) | Yes | 4/29/2016 |
| 2,326 | 2.2% | 698 | (30.2%) |
| Tsodilo Resources Ltd (TSD-V) | Yes | 12/31/2015 |
| 1,389 | 2.6% | 806 | (19.4%) |
| Uravan Minerals Inc (UVN-V) | Yes | 12/31/2015 |
| 10,000 | 1.6% | 500 | (50.0%) |
| Verde Agritech Plc (NPK-T) | Yes | 12/31/2015 |
| 5,405 | 11.3% | 3,567 | 256.7% |
| Wesdome Gold Mines Ltd (WDO-T) | Yes | 9/30/2016 |
| 375 | 2.3% | 731 | (26.9%) |
KRO 2016 Spec Value Hunter Index - Market Activity for February 6, 2018
 Open Bottom-Fish or Spec Value Hunter Recommendation - Click for Recommendation Status |
| Company |
|
Volume |
High |
Low |
Close |
Chg |
MI% |
RS% |
W% |
| Arizona Mining Inc (AZ-T) |
|
503,400 |
$4.320 |
$4.100 |
$4.270 |
$0.040 |
0.9% |
2.7% |
29% |
| Eastmain Resources Inc (ER-T) |
|
288,400 |
$0.285 |
$0.275 |
$0.275 |
($0.010) |
-3.5% |
-1.8% |
3% |
| FPX Nickel Corp (FPX-V) |
|
0 |
$0.000 |
$0.000 |
$0.120 |
$0.000 |
0.0% |
0.0% |
8% |
| InZinc Mining Ltd (IZN-V) |
|
30,500 |
$0.185 |
$0.180 |
$0.185 |
$0.000 |
0.0% |
1.7% |
9% |
| Midas Gold Corp (MAX-T) |
|
468,000 |
$1.040 |
$0.960 |
$0.970 |
($0.050) |
-4.9% |
-3.2% |
10% |
| Namibia Rare Earths Inc (NRE-V) |
|
0 |
$0.000 |
$0.000 |
$0.040 |
$0.000 |
0.0% |
0.0% |
3% |
| Northcliff Resources Ltd (NCF-T) |
|
2,000 |
$0.145 |
$0.145 |
$0.145 |
($0.005) |
-3.3% |
-1.6% |
5% |
| Peregrine Diamonds Ltd (PGD-T) |
|
193,000 |
$0.145 |
$0.130 |
$0.140 |
$0.005 |
3.7% |
5.4% |
3% |
| San Marco Resources Inc (SMN-V) |
|
0 |
$0.000 |
$0.000 |
$0.165 |
$0.000 |
0.0% |
0.0% |
3% |
| Scandium Intl Mining Corp (SCY-T) |
|
277,700 |
$0.175 |
$0.160 |
$0.165 |
($0.010) |
-5.7% |
-4.0% |
4% |
| Serengeti Resources Inc (SIR-V) |
|
0 |
$0.000 |
$0.000 |
$0.140 |
$0.000 |
0.0% |
0.0% |
3% |
| Sirios Resources Inc (SOI-V) |
|
39,100 |
$0.300 |
$0.290 |
$0.300 |
$0.000 |
0.0% |
1.7% |
2% |
| Tsodilo Resources Ltd (TSD-V) |
|
0 |
$0.000 |
$0.000 |
$0.580 |
$0.000 |
0.0% |
0.0% |
3% |
| Uravan Minerals Inc (UVN-V) |
|
13,000 |
$0.050 |
$0.050 |
$0.050 |
$0.000 |
0.0% |
1.7% |
2% |
| Verde Agritech Plc (NPK-T) |
|
19,000 |
$0.690 |
$0.660 |
$0.660 |
($0.070) |
-9.6% |
-7.9% |
11% |
| Wesdome Gold Mines Ltd (WDO-T) |
|
304,400 |
$2.010 |
$1.870 |
$1.950 |
$0.060 |
3.2% |
4.9% |
2% |
| MI% = change in member's index value, RS% = difference in change between overall index and member index values, W% = value weight of member |
| KRO 2016 Spec Value Hunter Index News Releases for February 4, 2018 to February 10, 2018 |
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| No Company News Releases |
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| Arizona Mining Inc is the successor to AZ Mining Inc as of Oct 28, 2015, which changed its name from Wildcat Silver Corp on June 5, 2015. Wildcat moved onto the TSXV from the CSE on Sept 3, 2008 after spinning out Ventana Gold Corp on a 1:1 basis on Dec 14, 2006 so that it could focus on its Hermosa project (formerly Hardshell) in Arizona near the Mexican border. A TSX listing was obtained July 19, 2011. In Dec 2013 Arizona Mining released a PFS for a 12,500 tpd open-pit mine targetting the oxidized Central zone (formerly Manto Oxide) of 54.2 million tonnes of 75.6 g/t silver and 1.79% zinc with minor manganese and copper credits that relied on base case prices of $23.50 silver and $0.92/lb zinc. After $40 million expenditure Hermosa-Central turned out sub-economic. In 2014 the junior drilled the skarn sulphide mineralization at the base of the pit and found a major northwest dipping carbonate replacement deposit which became the basis for a 10,000 tpd PEA in April 2017 which indicated an after-tax NPV of USD $1.26 billion at 8% discount rate with a 42% IRR at base case prices of $1.10/lb zinc, $1.00/lb lead and $20/oz silver. CapEx was USD $457 million and OpEx $48/. The PEA resource was M+I 60.8 million tons of 4.4% zinc, 4.35 lead and 1.7 opt silver. The current goal is to deliver a feasibility in H1 of 2018 and have devlopment permits in place by the end of 2018. The exploration focus in 2017 is to see if higher grade ore from the Trench vein system and the Taylor Deeps zone can be brought into the mining plan. Arizona Mining Inc is headed by chairman Richard Warke and CEO/President Jim Gowans appointed in 2015. COO Don Taylor is the driving force behind the new discovery. |  |
| Issued: | 305,219,845 | Working Capital: | $70,237,000 |
| Diluted: | 340,195,697 | As Of: | September 30, 2017 |
| Membership Start Date | March 4, 2016 | Price at Start | $0.46 |
| Membership backdated to | March 4, 2016 | Membership Quantity | 2,174 |
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| Jun 9, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| May 19, 2017 | Discovery Watch with HoweStreet.com - 0:17:35 |
| May 3, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Apr 21, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Apr 7, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Apr 3, 2017 | SVH Tracker: New OV:1000007-JK (Apr 3, 2017 - PEA) for Hermosa-Taylor |
| Apr 3, 2017 | SVH Tracker: Recommendation Strategy for Arizona Mining Inc |
| Mar 31, 2017 | SVH Tracker: Retirement of OV:1000007-JK (Oct 31, 2016) for Hermosa-Taylor |
| Dec 12, 2016 | SVH Tracker: Short sellers bungle their attack on Hermosa-Taylor by recruiting an incompetent scribe |
| Oct 31, 2016 | SVH Tracker: Hermosa-Taylor's new resource estimate meets mid-range expectations |
| Eastmain Resources Inc has been focused on Quebec exploration under the leadership of CEO Don Robinson since listing on the TSX on November 1, 1996. The flagship from the start has been the Eau Claire (Clearwater) project in the James Bay area of central Quebec which started out as a JV with SOQUEM until Eastmain secured 100% in 2002. Over $30 million has been spent outlining a multi-million ounce medium grade quartz-tourmaline vein system whose amenability to mine development has been problematic until 2014 when Eastmain came up with a domain model that recognizes three structural controls for the gold mineralization. In April 2015 Eastmain updated its resource estimate, presenting 6,797,000 tonnes of 4.05 g/t gold as an M+I pit constrained resource representing 885,000 ounces, and an inferred underground resource of 4,402,000 tonnes of 4.16 g/t representing 588,000 ounces. A $2 million program is planned for 2015 to produce a PEA for an open-pit operation and expand the open-pittable resource within the 7.5 km belt. Eastmain also owns 100% of the Eastmain Mine project south of the Renard diamond project on which others have spent $40 million to outline a small copper-silver-gold resource. A $1 million drill program of 7,500 m is planned for 2015. Eastmain also has a 36.5% interest in the Eleonore South project with partners Goldcorp and Azimut. |  |
| Issued: | 193,011,814 | Working Capital: | $8,209,408 |
| Diluted: | 209,546,813 | As Of: | July 31, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.34 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 2,941 |
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| First Point Minerals Corp, led by founder Peter Bradshaw and run by CEO Martin Turenne, is focused on the discovery and development of a very low grade type of nickel deposit characterized by a nickel-iron alloy mineral called "awaruite", a form of natural stainless steel created when ultramafic rocks of an ophiolite nature undergo a metamorphism that squeezes the nickel out of the olivine lattice. Metallurgical studies indicate that this nickel-iron alloy is recoverable through gravity and magnetic separation methods if the grain size is large enough. Cliffs Natural Resources Inc spent $22 million from 2010-2013 to deliver a PEA for a 114,000 tpd open pit mine with a gravity-magnetic separation flow-sheet that would produce 37,000 tonnes of nickel annually in the form of a nickel-magnetite concentrate that steelmakers could use directly as a feedstock for stainless. The 24 year mine life was based on an I+I resource of 925 million tonnes of 0.118% nickel (Davis Tube) with a recovery of 82%. The deposit is located in central British Columbia within reasonable proximity of rail and power infrastructure. After vesting for 60% Cliffs undertook to produce a PFS by the end of 2015 to earn 65%, but was blindsided in 2014 by a proxy battle launched by a hedge fund that did not see the iron ore collapse coming. The hedge fund ousted Cliffs management in 2014 and in Sept 2015 sold the 60% stake to First Point for US $4.75 million, funded by a US $5 million 5 year loan fromma third party which also got a 1% NSR, and sold its 14.4 million share block to insiders of which Peter Bradshaw took the largest chunk. As First Point settled down to wait for nickel prices to rise and a partner to come along, it trimmed management, handing big severance packages to Ron Britten and Jim Gilbert, depleting the treasury which was replenished somewhat by a $570,000 private placement at $0.05 in April 2016. |  |
| Issued: | 133,770,339 | Working Capital: | $798,157 |
| Diluted: | 141,970,339 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.05 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 20,000 |
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| May 19, 2017 | Discovery Watch with HoweStreet.com - 0:26:52 |
| May 15, 2017 | Bottom-Fish Comment: First Point to drill higher grade Baptiste southeast extension at Decar |
| Feb 3, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Jan 12, 2017 | SVH Tracker: Recommendation Strategy for First Point Minerals Corp |
| Nov 9, 2016 | Discovery Watch with HoweStreet.com - 0:08:51 |
| Jul 7, 2016 | Zombie Search and Rescue Mission - 0:50:18 |
| Jun 27, 2016 | Zombie Search and Rescue Mission - 1:04:23 |
| Mar 23, 2016 | SVH Tracker: Recommendation Strategy for First Point Minerals Corp |
| Sep 10, 2015 | SVH Tracker: First Point finally back in control of its destiny with 100% Decar acquisition |
| May 22, 2015 | SVH Tracker: Recommendation Strategy for First Point Minerals Corp |
| InZinc Mining Ltd listed on the TSXV by IPO on Apr 15, 1999 as Berland Resources Ltd with a Timmins gold prospect. Berland changed its name to Lithic Resources Ltd with a 2:1 rollback on June 7, 2002 and attracted RCF as a new backer until it sold its position in 2009 leaving CEO Chris Staargaard completely in charge. On Feb 19, 2014 Lithic changed its name to InZinc to reflect its focus on the West Desert (then called Crypto) zinc skarn deposit in Utah that it acquired in June 2005 from Eurozinc Mining Corp of which RCF was a heavy backer. During the zinc boom of 2006-2008 InZinc conducted infill drilling to deliver a resource estimate in 2009 that became the basis for a negative PEA in August 2011 that recommended InZinc double the deposit size or find higher grade ore in order to make West Desert viable as a 3,500 tpd underground mine at a base case price of $1.10/lb zinc. With zinc back below $0.90/lb InZinc languished until mid 2012 when it attracted Kerry Curtis and Wayne Hubert as new backers. InZinc published a new PEA in April 2014 that achieved a US $258.1 million after-tax NPV at 8% with a 23% IRR at $1/lb zinc by turning the magnetite waste product into a saleable by-product along with copper, gold, silver and indium. The 6,500 tpd underground mine with a capex of US $247 million was based on a resource that gave it a 15 year mine life. In late 2017 after Wayne Hubert became CEO InZinc raised $3.5 million to fund a discovery exploration drill program to the east of the existing resource. |  |
| Issued: | 108,685,419 | Working Capital: | $171,442 |
| Diluted: | 133,631,019 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.07 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 15,385 |
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| Jan 19, 2018 | Discovery Watch with HoweStreet.com - 0:08:00 |
| Jan 9, 2018 | SVH Tracker: Recommendation Strategy for InZinc Mining Ltd |
| Nov 24, 2017 | Discovery Watch with HoweStreet.com - 0:21:57 |
| Nov 20, 2017 | SVH Tracker: InZinc to raise $3 million for West Desert drilling |
| Oct 13, 2017 | Discovery Watch with HoweStreet.com - 0:08:01 |
| Sep 13, 2017 | Discovery Watch with HoweStreet.com - 0:10:20 |
| Aug 25, 2017 | Discovery Watch with HoweStreet.com - 0:06:04 |
| Aug 25, 2017 | SVH Tracker: InZinc management wants to launch West Desert but does it have the right stuff? |
| Jan 31, 2017 | SVH Tracker: InZinc the most overlooked zinc junior |
| Jan 17, 2017 | SVH Tracker: Recommendation Strategy for InZinc Mining Ltd |
| Midas Gold Corp is focused on permitting a 20,000 tpd open-pit mining operation for the Stibnite project (formerly Golden Meadows) in Idaho which acccording to a PFS published in December 2014 would produce 337,000 oz gold annually plus an antimony by-product credit over a 12 year mine life. The project cosnsist of 3 deposits with refractory sulphide ore within a larger mineralized system that has room for the development of additional zones that could exytend the mine life. The site is a historic mining district where antimony-tungsten were recovered in WWII, mercury until 1963, and oxide gold until 1997 through heap leaching. The property has historic reclamation liabilities, some of which the Stibnite plan would remediate. There is a risk that environmental regulators might prefer to leave the area undisturbed in its present form, but such a decision would forfeit the opportunity to restore salmon migration into the upstream watershed and forgo a domestic supply of antimony whose production is currently dominated by China. Midas Gold listed on the TSX in July 2011 and is led by President and CEO Stephen Quin and Chairman Peter Nixon. In February 2016 Midas undertook a $55.2 million debenture offering convertible at $0.3541 for 7 years of which $34.5 million is being taken down by a group led by Paulson & Co. |  |
| Issued: | 186,306,515 | Working Capital: | $23,790,101 |
| Diluted: | 343,629,931 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.31 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 3,226 |
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| Jan 10, 2018 | SVH Tracker: Recommendation Strategy for Midas Gold Corp |
| Jan 5, 2018 | Discovery Watch with HoweStreet.com - 0:23:23 |
| Jun 30, 2017 | Discovery Watch with HoweStreet.com - 0:14:31 |
| Jun 9, 2017 | Discovery Watch with HoweStreet.com - 0:04:20 |
| Feb 24, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Jan 17, 2017 | SVH Tracker: Recommendation Strategy for Midas Gold Corp |
| Mar 22, 2016 | SVH Tracker: Recommendation Strategy for Midas Gold Corp |
| Jan 5, 2016 | Discovery Watch with HoweStreet.com - 0:00:00 |
| May 26, 2015 | SVH Tracker: Midas raises $8 million to eliminate financing risk over next 12 months |
| Feb 15, 2015 | Excerpt from Express 2015-01: SVH 2015 January Review - Midas Gold |
| Namibia Rare Earths Inc, led by President and CEO Gerald McConnell, listed on the TSX on April 14, 2011 after completing a $25 million IPO at $0.80 to fund its 100% owned Lofdal rare earths project in Nambia. NRE was initially controlled by Endeavour Mining Inc, which inherited Lofdal when it made a takeover bid in for Etruscan Resources Inc in 2010. Lofdal was an IOCG prospect for Etruscan in 2005-2008, but the exploration focus shifted to the carbonatite complex whose overall light rare earth footprint exhibited localized heavy rare earth enrichment. Endeavour spun out Lofdal as a separate company to take advantage of the rare earth boom which the junior largely missed because it did not publish an initial 43-101 resource estimate until July 2012. NRE did establish an indicated and inferred resource of 1,650,000 tonnes grading 0.56%-0.62% TREO in a 10-25 m thick dyke with a 650 m strike measured downdip 150 m in Area 4 but known to extend at least 400 m. Although low tonnage and low grade the Area 4 deposit has 85% heavy rare earths due to the mineral xenotime. NRE delivered a PEA in October 2014 for a 2,500 tpd open-pit operation with a 7 year mine life that would have produced 1,500 y |  |
| Issued: | 83,703,500 | Working Capital: | ($662,807) |
| Diluted: | 88,453,500 | As Of: | August 31, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.05 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 22,222 |
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| Northcliff Resources Ltd was a private company in the Hunter Dickenson stable that in August 2010 acquired an option to earn 70% in Geodex's Sisson tungsten-moly project in New Brunswick for $16 million in exploration and development spending or the completion of a feasiblity study, with an obligation to seek debt financing on behalf of both partners. Sisson has a measured and indicated resource of 175 million tonnes grading 0.094% WO3 and 0.03% Mo and a March 2009 PEA that called for a 20,000 tonne per day open pit mine with a 20 year mine life, an NPV (8%) of $372 million, and $339 million in initial capex. In May 2012 an agreement was reached to acquire the remaining 30% of Sisson for 16 million NCF shares, $1 million cash, and the return of 3.3 million Geodex shares. The feasibility study which will expand the PEA throughput and include an APT processing plant is expected in mid November 2012. |  |
| Issued: | 171,356,460 | Working Capital: | $4,681,304 |
| Diluted: | 181,128,729 | As Of: | July 31, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.09 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 11,765 |
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| Peregrine Diamonds Ltd is an advanced diamond exploration junior headed by chairman Eric Friedland and CEO Tom Peregoodoff, with Robert Friedland as a major shareholder, focused on the 100% owned Chidliak diamond project on Canada's Baffin Island. Peregrine spent over $50 million between 2005-2008 on the 72.1% owned DO27 pipe in the NWT south of the Diavik and Ekati diamond mines. The DO27 pipe has an I+I resource of 28 million tonnes of 94 cpht with a carat value modeled at $51 per carat in 2008, which was deemed insufficient to support a standalone mine. The goal is to sell or JV DO27 as future mill feed for the nearby Ekati or Diavik mines. In 2009 the focus shifted to Baffin Island where Peregrine took over from partner BHP Billiton with whom it had conducted a regional indicator mineral sampling program. Peregrine has spent over $60 million to find 71 kimberlites of which the CH6 and CH7 pipes became the focus of a PEA in 2016. Peregrine utilizes deeply discounted rights offerings in which the Friedlands exercise their rights to fund ongoing work. During 2017 Peregrine doubled the depth of the CH6 pipe and plans to update its PEA to include underground mining. A decision was made in late 2017 to build an onsite 10 tpd DMS plan for feasibility work on CH6 and CH7 as well as bulk sampling CH1 and CH44. |  |
| Issued: | 442,151,936 | Working Capital: | $4,059,476 |
| Diluted: | 477,465,436 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.14 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 7,407 |
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| Dec 1, 2017 | Discovery Watch with HoweStreet.com - 0:07:31 |
| Aug 25, 2017 | Discovery Watch with HoweStreet.com - 0:20:50 |
| Aug 4, 2017 | Discovery Watch with HoweStreet.com - 0:02:40 |
| Jul 10, 2017 | Discovery Watch with HoweStreet.com - 0:23:15 |
| Jul 12, 2016 | SVH Tracker: Caller question glitch sabotages Chidliak PEA Conference Call message |
| Jul 7, 2016 | SVH Tracker: Retired OVP for Peregrine - Chidliak CH6-7 |
| May 31, 2016 | SVH Tracker: Adding Sikwane spice to the Chidliak PEA play |
| Apr 29, 2016 | SVH Tracker: Outcome Visualization Project as of Apr 28, 2016: Peregrine - Chidliak CH6-7 |
| Mar 14, 2016 | SVH Tracker: CH7 parcel values put Chidliak on track for a positive PEA |
| San Marco Resources Inc listed on the TSXV on Dec 18, 2007 as a Haywood IPO with the former Alwin copper mine in BC's Highland Valley as the flagship project. In June 2009 control shifted to Robert Willis and Tookie Angus who refocused San Marco into Mexico. From 2010-2012 the focus was on the Tecomate and Los Carlos gold-silver prospects followed by the Angeles project, a former high grade copper-gold-silver mine. Exeter optioned Angeles in Mar 2013 but dropped out a year later. In May 2014 San Marco optioned the Cuatro de Mayo silver-gold prospect. On Jan 5, 2015 San Marco did a 5:1 rollback and raised $648,000 at $0.05 from insiders and brokers. The Cuatro de Mayo project was beefed up with the acquisition of the nearby Mariana property from Argonaut. In Mar 2016 San Marco teamed up with Richard Osmond's GlobeTrotters Resource Group to apply a proprietary remote sensing strategy in Sonora state of Mexico which GlobeTrotters had successfully applied in Peru looking for porphyry systems. Insiders and brokers bankrolled the new initiative with a $439,000 PP at $0.05 in Apr 2016. The strategy involves processing Aster data (spectral absorption) with a filtering algorithm customized to spot alteration related to porphyry or epithermal systems. In May 2016 they formalized a 4 year alliance whereby GlobeTrotters would retain a 2% NSR on any projects acquired by San Marco, and 20% of any amount received from a project's sale to a third party. During H2 of 2016 San Marco processed the Aster data and with the help of its Sonora database generated 30 priority targets for acquisition over the next 12 months. San Marco continues to hold the Cuatro de Mayo (renamed Mariana), which has yielded some Aster anomalies, a remnant of Angeles available for farmout, Chunibas which it intends to drill in Q1 of 2017, and the Alwin project. In September 16 San Marco announced the acquisition of new projects generated by the Aster strategy. |  |
| Issued: | 56,271,832 | Working Capital: | $487,181 |
| Diluted: | 67,502,082 | As Of: | August 31, 2017 |
| Membership Start Date | September 20, 2016 | Price at Start | $0.17 |
| Membership backdated to | September 20, 2016 | Membership Quantity | 5,882 |
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| Scandium International Mining Corp is the successor to EMC Metals Corp, itself the specialty metals sucessor of Golden Predator Mines Inc which listed on the TSX on Mar 24, 2008 after being spun out from Energy Metals Corp as part of the latter's takeover by Uranium One Inc. SCY set its focus on scandium with a 50% option of the Nyngan project in Australia's New South Wales in 2010, which led to a title dispute that was settled in Nov 2012 whereby SCY purchased 100% for $1.3 million and a capped royalty. SCY nearly lost Nyngan when a debenture came due but was saved by a loan from Scandium Investments LLC in June 2014 which converted to a 20% project interest whenn Bechtel's former global mining unit head Andy Greig invested $2 milllion in a private placement. On Oct 14, 2015 SCY raised $2.8 million through a royalty sale to Chris Jennings which enabled SCY to deliver a DFS in April 2016 and receive a mining lease on May 5, 2017. Headed by a team of former BHP employees, of whom CEO George Putnam and CTO Willem Duyvestyn joined in 2010 and 2009, SCY is now focused on bringing the 100% owned Nyngan deposit into production following a decision in June 2017 by SIL to convert its 20% project interest into a 57.3 million share equity stake. Peter and Chris Evensen joined the board in conjunction with becoming SCY's biggest shareholder. The next step is to raise construction financing for the US $88 million project, with a goal of comissioning in late 2018. An additional milestone will be offtake agreements for the 40 tpa scandium oxide output which will be 3-4 times current global supply. Because scandium enhances aluminum by making it stronger, corrosion resistant, does not degrade aluminum's conductivity, allows weld joints to be as strong as the material, and be made into a 3D printing powder, there exists latent demand for applications seeking energy efficiency through "light-weighting" such as the aircraft, automotive and rail industries. |  |
| Issued: | 288,316,906 | Working Capital: | $828,480 |
| Diluted: | 315,730,239 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.15 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 6,897 |
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| Feb 2, 2018 | Discovery Watch with HoweStreet.com - 0:23:32 |
| Jan 31, 2018 | SVH Tracker: Third letter of intent by SCY targets 3 series brazed aluminum heat exchanger market |
| Jan 26, 2018 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Jan 24, 2018 | SVH Tracker: Funny thing about SCY is that for every capitulator there is a buyer |
| Dec 15, 2017 | Discovery Watch with HoweStreet.com - 0:11:52 |
| Dec 1, 2017 | SVH Tracker: Is scandium turning the magnesium ion battery into a death star for the lithium ion battery? |
| Oct 10, 2017 | Special Interest Comment: Scandium disappears from Syerston's new cobalt-nickel resource |
| Oct 10, 2017 | SVH Tracker: SCY wraps up 100% of Nyngan and Honeybugle projects |
| Sep 30, 2017 | Discovery Watch with HoweStreet.com - 0:02:45 |
| Sep 22, 2017 | Discovery Watch with HoweStreet.com - 0:07:10 |
| Serengeti Resources Inc started off as a VSE junior called Dual Resources Ltd of which Ian Park became CEO in 1989. Dual changed its name to Serengeti Diamonds Ltd on Jan 7, 1994 to reflect a diamond focus on Tanzania that ended in 2000. Serengeti changed its name to Serengeti Minerals Ltd on Apr 23, 1999 and dabbled with dot-com acquisitions in 1999-2000 before conducting a 15:1 rollback on Mar 22, 2001. In 2002 Serengeti optioned the Holman diamond prospect on Victoria Island but dropped out in late 2003. In July 2004 Serengeti acquired five projects in British Columbia's Quesnel Trough from David Moore and Myron Osatenko who respectively became CEO and Expl VP. Geophysical surveys on the Kwanika project led to a high grade copper-gold discovery that enabled Serengeti to raise $20 million at $3 plus in May 2007. An initial resource estimate for the Central Zone was published in Feb 2009 and a PEA in Feb 2013. The PEA envisioned a 15,000 tpd scenario open-pit mining the lower grade upper parts of the Central and South Zones, and block-caving the richer deeper part of the Central Zone. The plan targeted less than a third of the global resource. CapEx was $364 million and OpEx $21.20/t. Using base case $3.63/lb Cu and $1,427/oz Au the pre-tax NPV at 5% was $263 million and IRR 13%. In July 2014 Kwanika attracted the attention of Daewoo Intl Corp, the trading arm of South Korea's Posco. Daewoo envisioned a central milling facility fed by potential deposits from 5 nearby properties owned by Seregenti of which Kwanika would be the heart. An option deal was not completed until March 7, 2016; Daewoo can earn 35% by spending $8.2 million over 3 years, plus certain concentrate offtake rights. After an updated PEA in April 2017 Daewoo committed to earning 35% by putting up another $7 million which closed in Nov 2017. During 2017 Serengeti drilled IP targets on the 100% owned UDS project adjacent to the Kemess Mine in British Columbia, and the 56.3% owned Milligan West project. |  |
| Issued: | 85,889,621 | Working Capital: | $1,160,258 |
| Diluted: | 99,605,221 | As Of: | August 31, 2017 |
| Membership Start Date | August 10, 2016 | Price at Start | $0.15 |
| Membership backdated to | August 10, 2016 | Membership Quantity | 6,897 |
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| Jan 19, 2018 | Discovery Watch with HoweStreet.com - 0:22:45 |
| Jan 15, 2018 | Discovery Watch with HoweStreet.com - 0:11:33 |
| Oct 6, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Oct 5, 2017 | SVH Tracker: Recommendation Strategy for Serengeti Resources Inc |
| Aug 1, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Apr 7, 2017 | Discovery Watch with HoweStreet.com - 0:05:10 |
| Oct 20, 2016 | SVH Tracker: Serengeti's UDS delivers Plan B exploration play for 2017 |
| Sep 22, 2016 | SVH Tracker: Serengeti's Kwanika IP target intact and more prospective |
| Aug 10, 2016 | SVH Tracker: Recommendation Strategy for Serengeti Resources Inc |
| Mar 31, 2008 | Tracker 2008-16: Spectacular Kwanika hole supports new theory but does not signal a sweet spot starter pit |
| Sirios Resources Inc, headed by Chairman and President Dominique Doucet, is is a Quebec based junior focused on gold exploration in central Quebec. Its flagship project is the 100% optioned Cheechoo property located 15 km southeast of Goldcorp's Eleonore Mine. Since 2012 Sirios has worked at first demonstrating that a low grade tonalite zone had potential as a a bulk tonnage open pit mine, and then on identifying higher grade zones that could be developed as an underground mine. In early 2016 Sirios changed the orientation of its drill program based on a new interpretation of the orientation of the structural controls for high grade zones. It also ventured into a swampy, overburden covered area that could be the up-ice source of a 10 km gold-arsenic soil anomaly traced on the adjacent Eleonore South project of Goldcorp, Eastmain and Azimut. In April 2016 Sirios raised $5.5 million through a financing that included Goldcorp exercising its right to go to 19.9% on a fully diluted basis. |  |
| Issued: | 135,404,404 | Working Capital: | $8,940,337 |
| Diluted: | 143,774,049 | As Of: | September 30, 2017 |
| Membership Start Date | April 29, 2016 | Price at Start | $0.43 |
| Membership backdated to | April 29, 2016 | Membership Quantity | 2,326 |
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| Jul 17, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Jan 27, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Dec 9, 2016 | Discovery Watch with HoweStreet.com - 0:13:03 |
| Nov 4, 2016 | Discovery Watch with HoweStreet.com - 0:07:20 |
| Oct 6, 2016 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Oct 5, 2016 | SVH Tracker: Market decides junior rally is dead but Cheechoo remains alive and well |
| Aug 4, 2016 | SVH Tracker: Sirios manifests the quickening of a bull market and the return of mystery |
| Jun 10, 2016 | SVH Tracker: Sirios needs to get serious with an aggressive drill program |
| May 9, 2016 | SVH Tracker: Recommendation Strategy for Sirios Resources Inc |
| Apr 29, 2016 | SVH Tracker: Outcome Visualization Project as of Apr 28, 2016: Sirios - Cheechoo |
| Tsodilo Resources Ltd listed on the TSX on Dec 20, 1996 as Trans Hex Intl Ltd to serve as the exploration arm of alluvial diamond producer Trans Hex Group. On July 31, 2002 Trans Hex exchanged its shares for all assets except the Nxau Nxau kimberlite field in northwestern Botswana and the junior changed its name to Tsodilo under the management of James Bruchs. The diamond search took Tsodilo eastwards into a Kalahari sand covered area now recognized as having the same basin stratigraphy as the Central African Copper Belt in Zambia and Congo. Since 2010 Tsodilo has focused on the Xaudum project where it has outlined a 100% owned iron resource and in 2013 farmed out 70% of the non-iron potential to copper producer First Quantum which spent $14 million confirming its conceptual model for sediment hosted copper deposits and generating priority drill targets. First Quantum began drilling these targets in May 2015 in what will be the make or break culmination of a $20 million "under cover" exploration strategy seeking 2% plus copper deposits containing 5 million or more tonnes of copper. In January 2016 First Qunatum dropped out after spending US $14.7 million; Tsodilo is seeking a new partner. In late 2014 Tsodilo won a competitive auction for the BK16 diamond pipe in the Orapa field, an apparently low grade body discovered by De Beers and which various groups have tried to evaluate. Tsodilo, hoping to establish that BK16 is a smaller version of Lucara's Karowe pipe, undertook a delineation drill program in 2015 designed to set the stage for a LDD bulk sample program whose goal is to demonstrate a higher grade than past work indicated and establish the carat value. In May 2016 Tsodilo confirmed that some of the diamonds recovered by bulk sampling are Type IIa; Tsodilo is seeking to raise US $5.5 million for a LDD bulk sampling program. In April 2016 Tsodilo was awarded a prospecting license on the Barberton gold shear-vein prospect in South Africa. |  |
| Issued: | 45,347,310 | Working Capital: | $2,767,521 |
| Diluted: | 60,819,336 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.72 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 1,389 |
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| Nov 17, 2017 | Discovery Watch with HoweStreet.com - 0:13:51 |
| Jun 23, 2017 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Feb 24, 2017 | Discovery Watch with HoweStreet.com - 0:04:26 |
| Dec 13, 2016 | Discovery Watch with HoweStreet.com - 0:20:38 |
| Oct 27, 2016 | Discovery Watch with HoweStreet.com - 0:16:05 |
| Aug 5, 2015 | SVH Tracker: Tsodilo manages to raise $1.2 million at premium to market |
| Jul 15, 2015 | SVH Tracker: Tsodilo updates BK16 model and prepares to drill Werda target in Jwaneng area |
| Jul 11, 2015 | Excerpt from Express 2015-03: SVH 2015 April-June Review - Uravan & Tsodilo |
| May 15, 2015 | SVH Tracker: Recommendation Strategy for Tsodilo Resources Ltd |
| Jul 2, 2014 | Blog July 2, 2014: Understanding the Junior Resource Sector Bear Market |
| Uravan Minerals Inc is a uranium explorer led by CEO Larry Lahusen which has developed a remote sensing exploration tool that involves collecting clay samples in the Athabasca Basin and geochemically analyzing them for radiogenic lead isotopes as well as other uranium deposit related pathfinder elements. The method is based on the theory that microbes digest sulphides associated with uranium deposits at the basement-sandstone unconformity and emit gases that serve as a transport medium for elements liberated from the deposit. These gases travel from depths of 1,500 m along fracture systems where they are absorbed by clay particles at the surface. Uravan has worked with Queens' Facility for Isotope Research to develop protocols for establishing anomalies and has successfully conducted case study surveys over the Cigar Lake and Centennial deposits. The Centennial study completed in 2013 was a major success in that it clearly outlined a uranium deposit at an 800 m depth whose physical location is offset from graphite conductors. CMIC through its Footprints Project is undertaking a study of McArthur River area that will include Uravan's radiogenic lead isotope sampling method which will become public domain in late 2018. Uravan has a 70% farm-in deal with Cameco on the Halliday and Stewardson projects where Cameco can earn 51% by spending $7 million by Apr 2018. An airborne geophysical survey on the Stewardson project yielded two anomalies. Cameco drilled 2 holes on target Area A in 2014 with negative results interpreted as indicative of a deeper basement hosted deposit out of economic reach. During 2015 Cameco drilled 2 holes in the northern part of Area B, one of which intersected low grade uranium. Cameco has until April 2018 to spend another $1.4 million to vest for 51% and give it the right to go to 70% by spending a further $15 million. Cameco has deferred further work on Stewardson to 2017. Uravan also holds 100% of the Outer Ring project which has a 10 km geochemical anomaly in the untested southern part and needs a geophysical survey. A geophysical survey in 2016 revealed a major conductor associated with the ORX geochemical anomaly. Uravan plans to start a 3 hole drill program in late September 2016. |  |
| Issued: | 42,329,012 | Working Capital: | $155,440 |
| Diluted: | 45,954,012 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.10 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 10,000 |
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| Nov 17, 2017 | Discovery Watch with HoweStreet.com - 0:05:53 |
| Sep 1, 2017 | Discovery Watch with HoweStreet.com - 0:03:04 |
| Mar 10, 2017 | Discovery Watch with HoweStreet.com - 0:18:05 |
| Oct 13, 2016 | Discovery Watch with HoweStreet.com - 0:00:00 |
| Oct 11, 2016 | SVH Tracker: Uravan focus to shift from Outer Ring bust to Stewardson in 2017 with or without Cameco |
| Oct 6, 2016 | Discovery Watch with HoweStreet.com - 0:11:08 |
| Sep 19, 2016 | SVH Tracker: Uravan plans to drill ORX anomaly at Outer Ring in October |
| Jul 25, 2016 | SVH Tracker: 2D Inversion reveals ORX target as potentially McArthur's Mother |
| Jun 29, 2016 | SVH Tracker: Uravan's Outer Ring geophysical survey yields multi-dataset supported target |
| May 18, 2016 | Bottom-Fish Comment: Canalaska options Athabasca Kimberlite Project to De Beers |
| Verde Potash plc listed on the TSXV on Nov 27, 2007 as Amazon Mining Holding plc with various Brazilian gold projects that the junior's CEO, Cris Veloso, abandoned after staking the 100 km Verdete Slate belt potassium silicate rocks in 2008 in Minas Gerais state of Brazil. Amazon changed its name to Verde Potash plc on April 26, 2011. Verde Potash has since outlined an I+I resource of 3.32 billion tonnes grading 8.9% K2O with a thickness ranging 15-80 metres within an overall 15 billion tonne footprint. The junior has isolated a proven and probable reserve of 7,020,000 tonnes at 10.85% that forms the basis for a Mar 2014 PFS for the production of 330,000 tpa of ThermoPotash, a slow release potash fertilizer blend that targets the market for imported premium potash such as potassium nitrate, namely salt-intolerant crops and crops seeking organic status. The PFS projected an after-tax NPV of US $146 million at 10% with an IRR of 23.5% for a 30 year mine life. Although this is a modest cash flow scenario, it is really itself a conceptual project that can be scaled up substantially if the agricultural sector adopts ThermoPotash. Government agency debt for 90% of projected CAPEX of US $114 million that is contingent on a final feasibility study and an environmental license has been granted. The problem is that Brazil's permitting system is dysfunctional, made worse by the current political malaise linked to the weak economy and the Petrobras corruption scandal. The ThermoPotash 200 tpd "Flex Plant" will also be able to double as a pilot plant for the process Verde Potash developed to convert the Verdete Slate into conventional potassium clhoride (KCl). |  |
| Issued: | 39,344,505 | Working Capital: | $2,343,000 |
| Diluted: | 44,731,578 | As Of: | September 30, 2017 |
| Membership Start Date | December 31, 2015 | Price at Start | $0.19 |
| Membership backdated to | January 2, 2014 | Membership Quantity | 5,405 |
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| Wesdome Gold Mines Ltd is a Canada-focused junior gold producer led by CEO Duncan Middlemiss that operates the Eagle River Mine in Wawa, Ontario and owns the Kiena Complex in Quebec on care and maintenance since mid 2013. At Kiena, Wesdome's operations are located in a property package that contains eight past-producing mines, and considerable exploration potential. Wesdome's Eagle River property in Wawa is a shear-hosted, quartz vein, gold deposit that has been in operation for 10 years and continued to replace reserves during that period. In January 2014 Wesdome acquired Moss Lake Gold Mines Ltd on the basis of one common share of Wesdome for every 3.85 Moss Lake shares held. |  |
| Issued: | 133,889,798 | Working Capital: | $12,934,000 |
| Diluted: | 139,982,186 | As Of: | September 30, 2017 |
| Membership Start Date | September 30, 2016 | Price at Start | $2.67 |
| Membership backdated to | September 30, 2016 | Membership Quantity | 375 |
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