Creating Value Through Delineation of Base and Precious Metal Resources in Peru

Also recently acquired Canadian Arrow Mines assets which includes two Ontario-based nickel-copper-(cobalt) properties


New Client Alert!!!

AGORACOM Welcomes TransCanna (TCAN:CSE) Developing The Largest Multi-Purpose Cannabis Facility in California

  • $2M CAD Revenue April 2020
  • $24.6M CAD Revenue Run Rate solely from TransCanna test facility
  • $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021
  • Daly facility will be one of the largest cannabis facilities in California
  • Recently acquired two California companies,
    • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations - The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented
  • Direct to dispensary model, cutting out the middleman

Transcanna dark

Hub On AGORACOM / Read Release


Message: Nickel price keeps going higher
After dropping below US$5 a pound at the end of 2018, metal reaches US$7.31 Friday

Worries about supply and expected demand for electric cars kept pushing up the price of nickel this week, with the metal staying above US$7.31 a pound on the London Metals Exchange on Friday.

Prices are up by 50 per cent the start of the year, when nickel was struggling to stay above US$5 a pound. Prices haven't risen this fact in a decade. Indonesia, one of the biggest suppliers in the world, plans to ban exports in 2022, and rumours the ban could be imposed sooner has accounted for some of nickel's recent strength, analysts say.

Kieran Clancy, assistant commodities economist at UK-based Capital Economics, told Bnamericas on Friday that global supply shortages are expected to worsen since no major mines are coming into operation any time soon.

"What's more, there are a number of tail risks, the most notable of which being the prospect that Indonesia implements a ban on nickel ore exports sooner than 2022, although they now have significant domestic smelting capacity which would cushion the blow somewhat," Clancy said.  

And in a story Friday, Eddy Haegel of BHP said demand for high grade nickel (which is mined in Sudbury) for electric car batteries will really take off sometime next year.

“We do not expect to see a meaningful impact on the nickel market from batteries until the mid – late 2020s,” Haegel said. “Only then, do we expect to see serious industry investment by Class 1 nickel producers.

“However, we will not rest waiting for that day to arrive. We are actively developing options to position ourselves for this once-in-a-generation opportunity.’’


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