EyeGate Pharmaceuticals Announces Pricing of $10000000 Public Offering of ... - MarketWatch

EyeGate Pharmaceuticals Announces Pricing of $10000000 Public Offering of …MarketWatchAs a result of the offering, the Company’s common stock and warrants will become listed on the NASDAQ Capital Market and will trade separately under the ticker symbols “EYEG” and “EYEGW,” respectively, beginning on July 31, 2015. In addition, the …EyeGate public stock offering expected to generate $10 millionHealio all 26 news articles …read more … Continue reading

EyeGate Pharmaceuticals Announces Pricing of $10000000 Public Offering of ... - GlobeNewswire (press release)

EyeGate Pharmaceuticals Announces Pricing of $10000000 Public Offering of …GlobeNewswire (press release)As a result of the offering, the Company’s common stock and warrants will become listed on the NASDAQ Capital Market and will trade separately under the ticker symbols “EYEG” and “EYEGW,” respectively, beginning on July 31, 2015. In addition, the … and more …read more … Continue reading

BMO's Andrew Kaip: The Gold Majors Are Back

The Gold Report: You recently became managing director of mining equity research at BMO Capital Markets. What kind of overview of the gold and silver sectors does this position entail? Andrew Kaip: Taking one of the lead roles at BMO Research has given me the opportunity to step away from the day to day of covering stocks. Supervising a team of analysts allows me to spend more time thinking about where we are in the gold and silver cycles and the implications for investors. That’s precisely what we did when we launched coverage on the senior gold producers. TGR: So where is gold in its current cycle? “Asanko Gold Inc. is one of the opportunities in what we call predevelopment names.” AK: At BMO, we’ve kind of stuck our neck out after some deliberate thought, and we’re suggesting a lot of similarities between 2001 and 2015. The price of gold was low then, just as it is now. Similarly, the gold producers of 2015 have come to resemble those of 2001, in that they have finally, after a long struggle, stabilized their operations such that they can contend with low prices. They have shut down unprofitable mines and lowered costs at those that they have kept. I believe that gold producers are now in the early stage of a new cycle. TGR: What are your 2015 and 2016 forecasts for the price of gold? AK: Quite flat. We forecast a 2015 average price of $1,200 per ounce ($1,200/oz) and an … Continue reading

World's Increasing Appetite Points to Upside for Ag Input Companies: Paradigm's Spencer Churchill

The Energy Report: Do you rely on the stock-to-use ratio to predict grain prices and, if so, what is it telling you right now? Spencer Churchill: Yes, we do. Stock-to-use is a good way of assessing the degree of tightness in any crop market and hence how much underlying support there could be for prices. The lower the amount of “buffer” there is—the amount of stocks or inventory relative to the total usage or demand—the tighter this market could become and the greater the likelihood of higher prices. In North America, by ranking of lowest to highest stock-to-use ratio expected for 2015–2016, we would expect price support/appreciation for 1) canola, 2) soybeans, 3) corn, and 4) wheat. TER: How is the drought in the Western U.S. impacting projections for ag prices in the coming years? SC: The states most affected by the drought are generally not large producers of the key crops we follow with regard to fertilizer usage—corn, soy, wheat—so we wouldn’t expect much of an impact here. The potential impact would be more on fruit and vegetable prices of which these states are large producers. “Input Capital Corp.’s streaming business, using canola as the underlying crop initially, is off to a great start.” TER: Asia’s population has quadrupled in the last century according to World Population Review. Do you expect to see continued population growth and urbanization in China and India, and what impact would that have on demand for food? SC: This continues to be one of … Continue reading

Experts' Guide to Getting the Most Out of Company Presentations

Trust, But Verify: Jayant Bhandari, a fund adviser, recently published a guide called “High Risk, High Reward: Disciplined Junior Mining Investing” that suggests comparing company presentations to the annual reports usually available on the company website or at sedar.com. “It is not illegal for companies to fail to provide you full information in these presentations,” he cautions. For example, a company might show in the presentation that it has $5 million ($5M) in cash, but might not mention that it also has $50M in long-term debt. Or a presentation might feature a project without telling you that the company doesn’t currently own it. “As you dig deeper, the incongruities that you discover between what they show in the presentation and what they actually have tell you a lot about their integrity, who they think they work for, and what respect they hold for you, the owners of the company,” Bhandari says. He suggests looking out for the following red flags. “If they try to get you to value them based on how much each ounce of gold they have in the ground must be worth—a ridiculous way to value a project—they might be telling you that their project lacks economics, and hence must be promoted using flawed metrics. If they give you a net present value that is not explicitly shown as pre-tax, it might be worth asking if tax is really voluntary in their area.” In Rick Rule’s A Guide to Natural Resource Investing, he outlines the 10 fundamentals … Continue reading

Experts' Guide to Getting the Most Out of Company Presentations

Trust, But Verify: Jayant Bhandari, a fund adviser, recently published a guide called “High Risk, High Reward: Disciplined Junior Mining Investing” that suggests comparing company presentations to the annual reports usually available on the company website or at sedar.com. “It is not illegal for companies to fail to provide you full information in these presentations,” he cautions. For example, a company might show in the presentation that it has $5 million ($5M) in cash, but might not mention that it also has $50M in long-term debt. Or a presentation might feature a project without telling you that the company doesn’t currently own it. “As you dig deeper, the incongruities that you discover between what they show in the presentation and what they actually have tell you a lot about their integrity, who they think they work for, and what respect they hold for you, the owners of the company,” Bhandari says. He suggests looking out for the following red flags. “If they try to get you to value them based on how much each ounce of gold they have in the ground must be worth—a ridiculous way to value a project—they might be telling you that their project lacks economics, and hence must be promoted using flawed metrics. If they give you a net present value that is not explicitly shown as pre-tax, it might be worth asking if tax is really voluntary in their area.” In Rick Rule’s A Guide to Natural Resource Investing, he outlines the 10 fundamentals … Continue reading

Six Miners Dundee's Joseph Fazzini Believes Will Weather the Storm

The Gold Report: Many of the people we interview have a theory about why gold is performing poorly this summer despite so much global uncertainty, especially in China and Greece. What’s your theory? Joseph Fazzini: Gold typically plays numerous roles, including being a hedge against inflation, devaluation and economic turmoil, but it’s still a commodity. Most commodities typically come under pressure in a recessionary environment. Right now, the global economic landscape isn’t all that promising, inflation remains minimal and investors prefer other safe-haven investments (i.e., U.S. dollar). As a result, we expect gold to continue performing in-line with most other commodities and remain under pressure. TGR: How low can gold go? JF: Recent events have shown that the price of gold can move without rhyme or reason. While some have suggested that opportunistic investors have conspired to drive down the price of gold, weakened investor sentiment has also played an important role. Rather than try to hedge inflation or economic uncertainty with gold, investors from around the world have sought refuge in safety assets like the strengthening U.S. dollar, which moves inversely with gold. With Chinese, European and North American equity markets on precarious financial footing, gold remains out of favor and the bottom is tough to call. TGR: What about sub-$1000/ounce (sub-$1,000/oz) gold? JF: With the price of gold recently declining to a five-year low of US$1,088/oz, sub-$1,000 is certainly a near-term possibility. While we hope for the best, we continue to advise caution. TGR: Is it Dundee Capital … Continue reading

Luisa Moreno Explains Why Metallurgy Is So Important in Critical Metals Projects

The Gold Report: With development capital still at a premium, are companies with critical metals projects getting financed? What typically gets financed and what doesn’t? Luisa Moreno: The financing environment for the mining space is still difficult, and that is no different for the critical metals equities. Nowadays, the mining and related processing projects that are more likely to get financed are those that are close to production, have relatively low capital requirements, have competitive production costs, have offtake agreements or will be selling into metals markets that have seen prices stabilize and have solid demand. TGR: In July 2011, you produced a tantalum and niobium primer for Jacob Securities Inc. Reading through that report again, little has changed. What makes these metals newsworthy now? LM: Tantalum has major applications in electronics that are used in nearly all devices that we have in our homes. Niobium is a major metal in the production of high-performance steel. Tantalum mine production fell by more than 50% in late-2008 and 2009 affected in part by the recession, and it never recovered. More than 90% of the world’s niobium is produced in Brazil, and although Brazil is not considered a hostile jurisdiction for mining, niobium was listed by the European Union as a critical metal given its geographic risk profile. To mitigate potential risk, end users are eager to find stable niobium supplies in stable countries. Both tantalum and niobium are highly strategic, critical and relevant. It’s important to continue to develop new projects. … Continue reading

NephroGenex, Inc. Announces Closing of Public Offering of Common Stock and ... - PharmiWeb.com (press release)

NephroGenex, Inc. Announces Closing of Public Offering of Common Stock and …PharmiWeb.com (press release)The underwriters also exercised their over-allotment option to purchase warrants to purchase an aggregate of 225,000 shares of common stock. The warrants are immediately exercisable and expire on July 22, 2020. The shares of common stock and warrants … …read more … Continue reading