It feels like the start up of the new Trans Mountain pipeline has been coming for years.  Wait a minute, it has been.  But now the day is truly upon us – the Trans Mountain Expansion (TMX) is expected to start up in less than 3 months! The pipeline expansion is going to add 590,000 bopd (barrels of oil per day) of capacity to Canadian oil egress (export) – with a total of 890,000 bopd that will go through the new pipeline.  Overall export capacity in Canada will increase to a record 5 M bopd. Source: EIA On top of the Trans Mountain start-up, which goes to the west c ..read more

SPARK ENERGY—EMIN-CSE/MTEHF-OTC has a $4 million market cap—tiny tiny tiny, trading at 6 cents.But it has the largest land position—by A LOT—in Brazil’s lithium valley, where Sigma Lithium (SGML-TSXv) is building their lithium mine that will be in production late this year. Sigma ran from $1.50 – $54 in the lithium boom of 2022. Lithium prices and sentiment is bottoming in H1 24, as Bloomberg reports that “UBS Group AG and Goldman Sachs Group Inc. have trimmed their 2024 supply estimates by 33% and 26%, respectively, while Morgan Stanley warned about the growing risk of lower ..read more

Abitibi Metals Corp (AMQ-CSE / AMQFF-OTC)already has 400 million pounds of high-grade copper—but I believe that is about to get much bigger. You see, they just released one of the highest grade copper holes I have even seen in Canada this morning: 10.6 meters—over 34 feet–of 11.4% copper equivalent…at their B26 deposit in the prolific Abitibi greenstone belt. In 30 years covering exploration stocks–I have NEVER seen a drill hole with that high a grade EVER.  This is going to draw A LOT of attention from investors and major mining companies. The Super High Grade is one thing…but over 10 m ..read more

One of the highest grade, richest mineral deposits in North America has been hidden from investors for years. But it is about to have a BIG coming-out party. SOQUEM—Quebec’s incubator of mineral assets—has developed a deposit that has Advanced stage over 11 million tonnes of 3% ~ copper equivalent (43-101 compliant!) open at depth, and along strike NEVER been in the public markets before several other high grade mines within a few kilometres A talented team with a small market cap was able to convince SOQUEM—a subsidiary of Investissement  Quebec—that THEY (the junior) were the right gr ..read more

The small cap market is on the move—finally.  Green shoots are everywhere—junior public companies are now being rewarded for achievements/milestones/improvements in their business. Since the peak in interest rates in late October, small caps have been on a fairy-tale run, with a rising tide lifting all boats.  But those companies with fast growing cash flow have the best shot at EXTENDED capital gains. THAT’S WHY I attended the CEM Conference (Capital Events Management) in the Bahamas on January 20, where I did “speed-dating” with 18 junior public companies there (out of 5 ..read more

  The Canadian market lists four mineral drilling companies and all of them are cheap, cheap, cheap. This is not surprising.  Up until recently gold has been hated.  It is only natural that the drillers, which all trade with the gold price (even though they drill for all the metals), would be dirt-cheap. What IS surprising is that the cheapest of the bunch is the driller with some of the best operating metrics, some of the best profitability, and is the most diversified. I’m talking about Foraco International (FAR – TSX). All this – and a big g ..read more

Our new options trading service–at inthemoney.capital — has one of the lowest-risk, highest return trade we see in the markets – a one month option on Energy Transfer, symbol ET-NYSE. We see a 2.46% gain here in one month and a few days, or 27.91% annualized. Our three previous trades netted us 2.04% in 21 days, 1.51% in 43 days and 1.81% in 32 days. These consistent base hits add up quickly–and all these trades are deep in the money covered calls that have very low risk. Often the stock can drop 8-10% and you still make money on these trades. (On this trade, ET would have to dr ..read more

A US court could give two Canadian junior stocks a total of US$2.5 billion in July 2024, from the sale proceeds of the CITGO gas station chain–which has almost 5000 retail outlets across the USA. CITGO also has three refineries in the US processing more than 800,000 barrels a day of oil. This court case has been winding through the US justice system for a decade, but on July 15, a multi-billion windfall will be given to a group of companies whos assets were expropriated by ex-strongman Hugo Chavez. Rusoro Mining (RML-TSXv / RMLFF-OTC)–which USED TO OWN a gold mine in Venezuela–has been a 10-b ..read more

    It’s not 2024 yet–but I’ve been thinking where do I put my time, attention and MONEY next year at my generalist newsletter,  InvestingWhisperer.  After two years of a bear market in small & micro-cap stocks, I think 2024 will be a GREAT year–lower interest rates, more “risk-on” sentiment and low valuations will all work in investor’s favour. My Top 3 picks for 2024 include two small-cap NASD stocks, and one TSX-listed stock up in Canada.  None are commodity plays; all are companies that I expect to have HUGE jumps in EBITDA throughout the year, with all t ..read more

  On Tuesday morning Stealthgas (GASS – NASDAQ) reported another HUGE quarter.  Adjusted EPS came in at 31c per share – a big beat over average analyst estimates of only 15c per share. In the last nine months, Stealthgas has tabled adjusted earnings of $1.04 per share.   With the stock trading at a little over $6 that puts it well into the “value” basket with a P/E of under 5x. Is this a no-brainer buy?   Nothing is ever that easy.  In fact, even though the stock looks really cheap and the outlook could not be better, I’m not sure I am ready t ..read more