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The Energy Report - Exclusive Articles Full Text https://www.theenergyreport.com/ Featuring investment coverage of fossil, renewable and alternative energies. Copyright 2011, Streetwise, Inc. Fox River to be Acquired at Premium https://www.streetwisereports.com/article/2026/04/15/fox-river-to-be-acquired-at-premium.html Source: <a href="https://www.streetwisereports.com/article/2026/04/15/fox-river-to-be-acquired-at-premium.html?utm_medium=feed">Adrian Day 05/15/2026</a> Adrian Day comments about the pending purchase of Fox River Resources Corp. by an Agnico Eagle subsidiary, and why the transaction is good for both companies.Avenir Minerals, a wholly owned subsidiary of Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE), is to acquire Fox River Resources Corp. (FOX:CSE) at CA$1.10 per share at a 20% premium on the 30-day price in an all-cash transaction of approximately CA$94 million. Fox owns the Martison Phosphate Project in Ontario, which will provide a large-scale supply of phosphate fertilizers as well as PPA (purified phosphoric acid) for the battery industry. We bought Fox less than two years ago at CA$0.37 giving us a return of 197% in Canadian dollars. We will calculate the U.S. dollar gain once the transaction closes, which is expected in the third quarter. As expected, Fox share price jumped close to the transaction price once announced. We would hold, and urge all shareholders to vote in favor of the transaction. Avenir was formed as a subsidiary of Agnico with a mandate to advance high-quality critical and strategic mineral projects. Agnico is the company of choice for the Canadian government to explore for and develop a secure supply of critical minerals. This is the first large acquisition for the company. We think this is a good transaction for Fox, which otherwise would have had to suffer significant dilution to bring the project into production, as well as for Agnico Eagle, giving them an advanced project as a base for Avenir to grow. It uses all of Avenir's available cash but it could raise additional equity for additional transactions. Disclosure: Adrian Day's management company holds just under 15% of the shares of Fox. TOP BUYS THIS WEEK include Agnico Eagle and Lara Exploration Ltd. (LRA:TSX.V). <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a> Adrian Day Disclosures: Adrian Day’s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. www.AdrianDayGlobalAnalyst.com. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor’s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. © 2022. Adrian Day’s Global Analyst. Information and advice herein are intended purely for the subscriber’s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively. Disclosures: 1) Adrian Day: I, or members of my immediate household or family, own securities of the following companies mentioned in this article: All. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. Funds controlled by Adrian Day Asset Management, which is unaffiliated with Adrian Day’s newsletter, hold shares of the following companies mentioned in this article: All. I determined which companies would be included in this article based on my research and understanding of the sector. 2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. 3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services, or securities of any company mentioned on Streetwise Reports. 5) From time to time, Streetwise Reports LLC and its directors, officers, employees, or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in the securities mentioned. Directors, officers, employees, or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company release. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Agnico Eagle Mines Ltd., Fox River Resources Corp. and Lara Exploration Ltd., companies mentioned in this article.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31214"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31214" width="0" height="0"> ( Companies Mentioned: AEM:TSX; AEM:NYSE, FOX:CSE, ) Fri, 15 May 2026 00:00:00 PST Oil Co. Advances Massive Namibia Hydrocarbon Discovery Toward Production Testing https://www.streetwisereports.com/article/2026/05/14/oil-co-advances-massive-namibia-hydrocarbon-discovery-toward-production-testing.html Source: <a href="https://www.streetwisereports.com/article/2026/05/14/oil-co-advances-massive-namibia-hydrocarbon-discovery-toward-production-testing.html?utm_medium=feed">Streetwise Reports 05/15/2026</a> Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE) is advancing its downhole testing operations at the Kavango West 1X site in Namibia. Find out what catalysts are ahead for the company.<a href="https://www.streetwisereports.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd. (RECO:TSXV; RECAF:OTCQX; 0XD:FSE)</a>, in collaboration with partners NAMCOR and BW Energy, is advancing its downhole testing operations at the Kavango West 1X site in Namibia, <a href="https://www.reconafrica.com/investors/news-releases/reconafrica-progresses-toward-kavango-west-1x-production-test" target="_blank" rel="noopener">according to a May 13 release</a>. The initiative marks the first production test of its kind in the region, according to the company, known as ReconAfrica. The operation involves testing six optimized zones that span 420 meters and contain hydrocarbon-bearing intervals. To facilitate these operations, equipment and services have been sourced from both Namibian and international companies. The technical aspects of the on-site operations are being managed by SLB and Halliburton, two global leaders in oil field services. As part of the standard procedures to ensure the integrity of the casing and cement, ReconAfrica said it is set to conduct a cement bond log. Additionally, a third-party service provider is working on securing the necessary transport and storage permits to commence downhole testing. ReconAfrica said it is dedicated to adhering to all of Namibia's legal, regulatory, and permitting requirements throughout the testing process. The company plans to start downhole perforating and production testing before the end of May. Meanwhile, ReconAfrica noted it is also preparing for further appraisal drilling at the Kavango discovery. This preparation includes selecting specific sites and advancing the necessary permitting work to ensure everything is in place for continued exploration and testing. <h2 style="text-align: center;">Results Expected in July</h2> Research Capital Corp. Analyst Bill Newman released an updated research note on the day of the release, May 13. "ReconAfrica expects perforating and production testing to commence before the end of May," Newman said. "Each individual zone test could take up to 10 days, with the full program potentially extending up to 60 days. The company expects to release production test results approximately mid-to-late July. Importantly, appraisal planning activities are advancing in parallel with production testing, including site selection and permitting for a follow-up well. In our view, this suggests management remains encouraged by the potential significance of the KW1X discovery." The ongoing success of the production testing, which aims to demonstrate sustained hydrocarbon flow rates and reservoir deliverability, could significantly reduce the risks associated with not only the KW1X structure but also the broader Damara Fold Belt fairway spanning Namibia and Angola, the analyst said. Based on these developments, Newman maintained a Speculative Buy rating and a CA$4.40 target price, which he said reflects his firm's risked valuation of both the Kavango West 1X prospect and the Loba Oil Field in Gabon. <h2 style="text-align: center;">Expert: Several Key Catalysts Ahead</h2> 1A dynamic player in the oil and gas sector, ReconAfrica is intensifying its exploration activities across southern Africa, <a href="https://www.streetwisereports.com/article/2026/03/03/oil-and-gas-in-africa-significant-growth-potential-with-an-exciting-key-shareholder-and-fabulous-charts.html?utm_medium=feed" target="_blank" rel="noopener">as highlighted in a recent analysis by Technical Stewart Thomson for Streetwise Reports on March 3</a>. In Namibia, the company is making strides in the Damara Fold Belt with license PEL 73, which spans more than 6 million acres. Here, ReconAfrica recently celebrated a hydrocarbon find at its second well, the Kavango West 1X. Expanding its geographic footprint, ReconAfrica has entered Angola through a Memorandum of Understanding that secures exploration rights over an additional 5.2 million acres, aiming to capitalize on the geological continuity across the Namibian border. In Gabon, the company has acquired the NGULU offshore block, enhancing its portfolio with both appraisal and exploration prospects in a region known for its hydrocarbon yields. Looking ahead to 2026, Thomson points out several key catalysts for ReconAfrica. These include conducting production tests at the Kavango discovery, drilling an appraisal well in proximity, and pushing forward with seismic and appraisal efforts in Gabon's NGULU block. The company holds a 70% working interest in its Namibian ventures, in partnership with entities like BW Energy and NAMCOR. ReconAfrica is committed to robust environmental and social governance, particularly in Namibia, where it seeks to make a positive impact on local communities, Thomson said. The company is led by a seasoned team under President and Chief Executive Officer Brian Reinsborough. From an investment standpoint, there is notable insider confidence, with the CEO personally holding over 1 million shares. Recent trends show that 10 out of 11 company insiders have increased their stakes, with BW Energy recently boosting their shareholding by over 4 million shares, the analyst said. Thomson has set the medium and long-term price targets for ReconAfrica's stock at CA$1.35 and CA$1.80, respectively, and has given the stock a Speculative Buy rating. This reflects a bullish outlook on the stock's future performance, underpinned by the company's strategic expansion and operational milestones. <h2 style="text-align: center;">Oil Prices Stabilize Following Xi Meeting</h2> On Thursday, oil prices stabilized around US$100 following a statement from the White House indicating that Presidents Donald Trump and Xi Jinping had reached a consensus on keeping the Strait of Hormuz open, <a href="https://www.cnbc.com/2026/05/14/oil-prices-today-wti-brent-hormuz-trump-xi-meeting.html" target="_blank" rel="noopener">according to a report by Spencer Kimball and Justina Lee for CNBC on May 14</a>. By mid-morning, international benchmark Brent crude futures for July had decreased by 58 cents to US$105.05 a barrel, while U.S. West Texas Intermediate futures for June were down 46 cents at US$100.56 per barrel. A White House official highlighted the agreement between the two leaders, stating, "The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy." According to the report, the official further noted President Xi's stance against militarizing the Strait and opposing any charges for its use. Additionally, Xi showed interest in purchasing U.S. oil, though this was not corroborated by Chinese state media, which made no mention of discussions on Hormuz or oil transactions. Instead, state-owned Xinhua reported that Trump and Xi "exchanged views on major international and regional issues, such as the Middle East situation." Earlier in the week, both OPEC and the International Energy Agency (IEA) released updates on the oil market's status in light of the ongoing Iran war. OPEC revised its demand growth forecast for 2026 down to approximately 1.2 million barrels per day from an earlier estimate of 1.4 million barrels per day. The organization also reported a significant reduction in production, with a drop of 1.7 million barrels per day in April alone, totaling a decline of over 30% or 9.7 million barrels per day since the conflict began in late February. Notably, this update will be the last to include data from the United Arab Emirates, following its departure from OPEC on May 1. The IEA remarked on the severe impact of supply disruptions from the Strait of Hormuz, noting that global oil inventories are depleting at an unprecedented rate due to the loss of more than 14 million barrels per day of supply. This cumulative loss from Gulf producers now exceeds a billion barrels. The agency anticipates increased price volatility as the peak summer demand season nears.[OWNERSHIP_CHART-10875] Analysts from ING also commented on the situation, linking the duration of high fuel prices to the ongoing geopolitical tensions surrounding the Strait of Hormuz and potential damages to oil and gas infrastructure in the Middle East due to the conflict. They emphasized that these factors are central to discussions about the future of fuel prices, Kimball and Lee reported. In a recent interview with CNBC, Treasury Secretary Scott Bessent expressed optimism about the future of oil prices and energy inflation, predicting that they will decrease rapidly, <a href="https://www.msn.com/en-us/news/world/oil-prices-will-fall-quickly-says-bessent-china-agrees-hormuz-must-open/ar-AA23aChI" target="_blank" rel="noopener">Adam Clark wrote for Barron's on May 14</a>. He confidently stated that producers will "pump like crazy" in response to the current market conditions. This statement comes at a time when the Strait of Hormuz, a critical channel through which 20% of the world’s oil normally flows, continues to see significantly reduced traffic. Data from UBS indicates that the average number of oil and gas tankers traversing the Strait has dropped to just 2.6 per day in May, a decrease from three in April and a stark contrast to the February average of nearly 50. Adding to the region's tensions, an Indian-flagged ship near the coast of Oman was attacked this week, necessitating a rescue operation for its crew, Clark noted. According to India’s Foreign Ministry, Omani authorities successfully rescued all the Indian crew members involved. However, the ministry's spokesman did not specify who was responsible for the attack that occurred on Wednesday. <h2 style="text-align: center;">Ownership and Share Structure2</h2> About 1% of the company is owned by insiders and management, including Reinsborough, with 0.29%. About 7% is held by BW. The rest is in institutional and retail. Other top shareholders include Senior Vice President of Drilling and Completions Nicholas Steinsberger with 0.17%, Director Joseph Davis with 0.06%, Senior Vice President of Exploration Christopher Sembritzky with 0.06%, and Director W. Derek Aylesworth with 0.05%. ReconAfrica's market cap is CA$406.55 million with 383.54 million shares outstanding. It trades in a 52-week range of CA$0.40 and CA$1.35. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li><a href="https://www.theenergyreport.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd.</a> is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of <a href="https://www.theenergyreport.com/pub/co/10875?utm_medium=feed" target="_blank" rel="noopener">Reconnaissance Energy Africa Ltd.</a></li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Disclosure for the quote from the Stewart Thomson article published on March 3, 2026 <ol> <li>For the quoted article (published on March 3, 2026), the Company has paid Street Smart, an affiliate of Streetwise Reports US$3,550.</li> <li>Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.</li> </ol> <ol start="2"> <li>Ownership and Share Structure Information</li> </ol> The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31210"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31210" width="0" height="0"> ( Companies Mentioned: RECO:TSXV;RECAF:OTCQX;0XD:FSE, ) Fri, 15 May 2026 00:00:00 PST Rare Earth Co. Delivers High-Growth Q1 Financial Surge https://www.streetwisereports.com/article/2026/05/13/rare-earth-co-delivers-high-growth-q1-financial-surge.html Source: <a href="https://www.streetwisereports.com/article/2026/05/13/rare-earth-co-delivers-high-growth-q1-financial-surge.html?utm_medium=feed">Streetwise Reports 05/12/2026</a> Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS) posted soaring Q1 revenue and earnings while raising 2026 EBITDA guidance amid strong demand for critical materials.On May 12, 2026, Neo Performance Materials Inc. (NEO:TSX; NOPMF:OTCMKTS) released its Q1 2026 financial results. All financial statements are available on the company website, but highlights include: <ul> <li>Revenue for Q1 2026 was CA$155.0 million, compared to CA$121.6 million for Q1 2025.</li> <li>Operating income for Q1 2026 was CA$26.6 million, compared to CA$9.6 million for Q1 2025.</li> <li>Adjusted EBITDA for Q1 2026 was CA$36.2 million compared to CA$17.1 million for Q1 2025. This resulted in an adjusted EBITDA margin of 23.4% for the quarter, representing an improvement of 930 basis points over 2025.</li> <li>Adjusted Net Income for Q1 2026 was CA$14.9 million, or CA$0.36 earnings per share, compared to Adjusted Net Income of CA$6.5 million, or CA$0.15 earnings per share, for Q1 2025. Commencing this quarter, Neo is revising the calculation of Adjusted Net Income to better reflect underlying operating performance attributable to Neo shareholders and improve comparability across periods.</li> <li>Operating Cash Flow for the three months ended March 31, 2026, was an outflow of CA$38.3 million in cash from operating activities, driven by higher strategic inventory held, higher costs in inventory due to material pricing, higher receivables due to timing of sales, as well as the settlement of the European patent litigation in January 2026. As of March 31, 2026, Neo had CA$41.7 million in cash and CA$154.3 million in gross debt on its balance sheet.</li> <li>Capital investment for the three months ended March 31, 2026, was CA$5.2 million, with funds used primarily to advance the European Permanent Magnet facility and heavy rare earth production line in Europe.</li> <li>Shareholder return of capital for the three months ended March 31, 2026, consisted of CA$3.3 million in dividends to shareholders.</li> <li>A quarterly dividend of CA$0.10 per common share was declared on May 7, 2026, for shareholders of record on June 19, 2026, with a payment date of June 29, 2026.</li> </ul> Other updates gear toward production and commercial launches, with a state-of-the-art magnet facility moving through its planned ramp-up and achieving operational milestones like the production of its one-millionth magnet in February 2026. The company also commissioned a small-scale heavy rare earth element solvent extraction production line at its Silmet facility in Estonia in April 2026. Rahim Suelman, President & CEO of Neo, said, "Neo delivered exceptional first-quarter results, with Adjusted EBITDA of CA$36 million, more than doubling year‑over‑year, driven by disciplined execution and favorable pricing across our entire critical materials portfolio. We saw both strong demand and strong pricing across all three business units, and all business units improved year over year. Our Rare Metals business, which focuses on critical materials such as hafnium and gallium, contributed meaningfully to earnings growth. We advanced key strategic milestones, including the production of our one-millionth magnet at our European Permanent Magnet facility, and the commissioning of our new small‑scale heavy rare earth separation production line in Silmet, a critical step in our strategy to build the most vertically integrated rare earth magnetics value chain in Europe." Suleman continued: "Given our strong first-quarter performance, healthy demand outlook, and continued favorable pricing environment, we are raising our full-year Adjusted EBITDA guidance to a range of CA$100 million to CA$110 million. As global supply chains increasingly prioritize security and localization of critical materials, and structural growth drivers including AI infrastructure, electrification, automation, and aerospace continue to underpin a supportive demand environment, Neo is well-positioned for the future. Looking ahead, we remain focused on delivering disciplined growth, strong execution, and long-term value for our stakeholders." Neo Performance Materials Inc. is a Canadian company focused on the manufacturing and distribution of industrial materials such as magnetic powders, magnets, specialty chemicals, metals, and alloys. <h2 style="text-align: center;">Manufacturing Industry Continues to Evolve</h2> The company website says that, "Neo's advanced industrial materials are . . . key to some of the world's sought-after and environmentally friendly and sustainable technologies, such as hybrid and electric vehicles, pollution control systems, high-efficiency appliances and pumps, energy-efficient lighting, water purification, and many more." Deloitte Research Center for Energy and Industrials showed the demand for industrial material production, writing: A 2025 <a href="https://www.deloitte.com/us/en/insights/industry/manufacturing-industrial-products/2025-smart-manufacturing-survey.html" target="_blank" rel="noopener">Deloitte survey</a> of 600 manufacturing executives found that the majority (80%) plan to invest 20% or more of their improvement budgets in smart manufacturing initiatives, with a focus on foundational tools and technologies. These include automation hardware, data analytics, sensors, and cloud computing." Demand in the sector is showing no signs of slowing. "Global and U.S. market forecasts suggest solid growth, with U.S. manufacturing output projected to rise by approximately 3.5% annually, according to McKinsey & Company," according to one assessment from LTJ Industrial. It went on to say, "A culture of continuous improvement makes industrial and manufacturing organizations more responsive to shifting market demands and operational challenges." <h2 style="text-align: center;">Experts See Growth Potential</h2> On May 6, 2026, Daniel Harriman of Sidoti & Company LLC gave Neo a price target of CA$24.00, citing the company's 2025 performance as a "genuine inflection point" for the company and arguing that "Neo's financial position supports continued execution." [OWNERSHIP_CHART-11493] On May 12, 2026, J. Marvin Wolff of Paradigm Capital reiterated its 'Buy' rating for the company and raised its price target from CA$31.00 to CA$41.50 due to a "strong demand/pricing environment." Finally, on May 12, 2026, <a href="https://excelsiorprosperity.substack.com/p/spring-fling-rally-in-copper-critical?utm_source=post-email-title&publication_id=2151927&post_id=197330198&utm_campaign=email-post-title&isFreemail=true&r=4tebdf&triedRedirect=true&utm_medium=email" target="_blank" rel="noopener">Shad Marquitz of Excelsior</a> applauded the company's stock, writing, "[Neo] is up 4.34x in just a year, since the March 2025 low of CA$4.97 to the recent May 2026 high of CA$1.60," calling Neo a "leading rare earths processor and separator and producer of permanent rare earth magnets." <h2 style="text-align: center;">A Market that Demands Industrial Materials</h2> Neo's <a href="https://www.neomaterials.com/wp-content/uploads/2026/05/NPM-Investor-Presentation-1Q26.pdf" target="_blank" rel="noopener">investor presentation</a> lists several key factors that it believes will drive the future of the company. Namely, the company expects continued or increased demand in the automotive, wind farm, robotics, and AI data center sectors. <h2 style="text-align: center;">Ownership & Share Information1</h2> Neo Performance Materials Inc. has a market cap of CA$1.28 billion, with 41.94 million shares outstanding. The company's 52-week range is CA$9.00-CA$32.72. Institutions own 26.29% of shares, with Strategic Investors own 1.49%. Management & Insiders own 1.87% of shares, and the remaining 70.35% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31199"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31199" width="0" height="0"> ( Companies Mentioned: NEO:TSX;NOPMF:OTCMKTS, ) Tue, 12 May 2026 00:00:00 PST Energy Co. Forms High-Value Alberta Oil Project Partnership with Korea https://www.streetwisereports.com/article/2026/05/13/energy-co-forms-high-value-alberta-oil-project-partnership-with-korea.html Source: <a href="https://www.streetwisereports.com/article/2026/05/13/energy-co-forms-high-value-alberta-oil-project-partnership-with-korea.html?utm_medium=feed">Streetwise Reports 05/13/2026</a> CanAsia Energy Corp. (CEC:TSX.V) teams with KIGAM on a CA$26M Alberta SAGD project targeting lower emissions and major production growth.On May 6, 2026, CanAsia Energy Corp. (CEC:TSX.V) <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">announced that it has entered into a Cooperative Research and Development Agreement with the Korea Institute of Geoscience and Mineral Resources </a>(KIGAM) in regard to the company's pilot oil project in Andora's Sawn Lake, Alberta. Both CanAsia and its wholly-owned subsidiary, Andora Energy Corporation, will partake in the agreement. Andora has a 100% interest in and operates four oil sands leases with 27 gross sections at Sawn Lake, with a risked Best Estimate contingent bitumen resource of 299 million barrels recoverable. The press release said: "Andora commenced a steam-assisted gravity drainage demonstration project at Sawn Lake in 2013, consisting of one SAGD well pair and a SAGD facility for steam generation, water handling, and bitumen treating. Steam injection commenced at the demonstration project in May 2014 and produced bitumen from September 2014 to February 2016. During this time, the demonstration project successfully achieved its objectives by proving that bitumen production from the Blue Sky Formation sandstone reservoir could be achieved at commercial rates and steam oil ratios." <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">Key terms of the agreement</a> include: <ul> <li>KIGAM will commit CA$26 million to the installation of three SAGD modules (a produced Water boiler ("PWB") and a partial upgrader and solvent steam flood (the "KIGAM Modules")) and associated operating costs for the recommissioning of the existing plant site at Sawn Lake and start-up of existing well pair #1 ("WP1").</li> <li>KIGAM will, at its own cost, which is excluded from the CA$26 million commitment above, fabricate and transport these three SAGD modules to the Sawn Lake site. Upon successful delivery of the PWB, CanAsia will assign 50% ownership of its PWB patent to KIGAM, and both parties will share 50% of the royalties collected from any future projects utilizing the PWB technology</li> <li>Andora will be the Project operator.</li> <li>Project term of 3 years, with an optional 1-year extension if both parties mutually agree.</li> <li>CanAsia's costs during the Project are anticipated to be minimal.</li> <li>An estimated production of approximately 600 barrels of bitumen per day is expected from WP1 once it is brought on production post-restart of the existing plant site.</li> <li>WP1 production profits will be split 50/50 between KIGAM and CanAsia until the end of the Project term, after which CanAsia will retain 100% of the production profits.</li> <li>Ownership of the solvent steam flood and partial upgrader modules will remain with KIGAM to the end of the 3+1 year project term, at the end of which KIGAM will have the option of transferring ownership to CanAsia, along with any associated abandonment liabilities, for C$1.00 or removing these modules at KIGAM's cost.</li> <li>Ownership of WP1, all existing facilities, the new PWB, and the underlying bitumen resource will remain 100% owned by CanAsia at the beginning and end of the Project.</li> <li>CanAsia has the right to conduct 100% working interest activities on the non-KIGAM Project lands that may include an extended horizontal SAGD well pair targeting 1,200 bopd utilizing steam capacity from CanAsia's 100% owned existing steam plant.</li> <li>Produced water recycle, the most capital-intensive portion of a full-scale commercial development at Sawn Lake will be substantially reduced in upfront cost with the successful testing of Andora's patented PWB design, providing the ability to stage capital expenditures over time towards full development of a future multi-battery, 20,000 bopd project.</li> </ul> While Andora will be the project operator, KIGAM has agreed to fund up to CA$26 million over the project's pilot term. If the project is extended to include a fourth year, any profits from production revenues for the Project will first be applied to cover any overages exceeding the Project Budget, and thereafter, any remaining profits will be split 50/50 between Andora and KIGAM. Regarding the partnership, CanAsia CEO Jeff Chisolm said, "The upcoming KIGAM/CanAsia SAGD project will be testing innovative SAGD technology and could be one of the most significant SAGD projects undertaken in Alberta in quite some time. The environmental footprint of this project will be reduced by utilizing CanAsia's PWB-produced water recycle technology and KIGAM's solvent steam flood technology with recycling. This is intended to substantially reduce the project steam oil ratio and carbon dioxide emissions. A successful demonstration of the PWB will provide the technical platform for a modular, staged 20,000 bopd SAGD development." CanAsia Energy Corp. is a Canadian oil company focused on projects in Alberta, Canada, and Thailand. <h2 style="text-align: center;">Oil Prices Staying High</h2> <a href="https://fortune.com/article/price-of-oil-05-13-2026/" target="_blank" rel="noopener">Oil prices have shot up significantly over the past year</a>, going from US$67.04 to US$110.43 per barrel as of May 13, 2026. Americans are seeing gas prices at the pump of US$4.50 and up and have been feeling the tightening of their wallets since the U.S.-Iran War started several weeks ago. The closure of the Strait of Hormuz has impacted oil reserves in the West, leaving the U.S. scrambling to fulfill domestic needs. <a href="https://www.litefinance.org/blog/analysts-opinions/oil-price-prediction-forecast/daily-and-weekly/" target="_blank" rel="noopener">A predictive article by LiteFinance</a> said that the next 30 days are looking to be just as steep, if not more so. It said that prices could reach as high as US$138.97 per barrel next month unless a ceasefire is agreed upon and maintained. Still, some bright news on the horizon is that demand for oil may slightly lessen this year.<a href="https://www.tradingview.com/news/invezz:fdd0f2041094b:0-opec-slashes-2026-oil-demand-growth-forecast-on-oecd-weakness/" target="_blank" rel="noopener"> A May 13 article by Trading View</a> said, "OPEC’s latest assessment shows OECD demand nearly flat, with growth of just 100,000 bpd. The Americas are expected to see a modest increase of 200,000 bpd, led by LPG and gasoline, but Europe is forecast to contract slightly by 30,000 bpd due to weaker industrial activity and consumer demand." If prices are to remain elevated, lessened consumption may alleviate some financial pressure for consumers. <h2 style="text-align: center;">Expert Says Stock Had a "Big Pop"</h2> On May 11, 2026, Chen Lin of What is Chen Buying? What is Chen Selling? spoke about CanAsia, saying: "CEC.v had a big pop last week while I was away. The big news is that the Korean Institute of Geoscience and Mineral Resources (KIGAM) is committing CA$26 million to build three SAGD modules using CEC technology. I talked to the management, and they think the total commitment from the Koreans is north of CA$200 million as they have a team of scientists working in Korea to make sure of the successes, as well as a commitment to build facilities to ship the oil out. The Koreans love the CEC patented technology and plan to first demonstrate it working, then use it throughout Canada and the world, to extract heavy oil. CEC and KIGAM will share the patent royalties." [OWNERSHIP_CHART-10668] Lin went on to say, "The first module is planned to be operational next year. The cost to extract oil will be in the US$20-30/barrel range. They were negotiating with the Koreans since last year, and this technology works at pre-Iran war oil price. If this is proven to be working, CEC will likely be taken over by the Korean or big oil companies. This deal does not exclude another company from coming in and bidding for CEC. Also, the Thailand bidding round should be awarded any time now. CEC has 30% of the concession and a few-year deposit is prepaid by its partner." <h2 style="text-align: center;">24 Months of Planning Laid Out</h2> Per <a href="https://www.stockwatch.com/News/Item/Z-C!CEC-3816644/C/CEC" target="_blank" rel="noopener">the company announcement</a>, a substantial amount of project engineering has already been completed during the KIGAM Sawn Lake evaluation by a joint team of KIGAM/Andora engineers and geoscientists, and project approval will be filed with the AER in approximately 6-8 months. All three key modules are currently planned to commence fabrication, generally in parallel, in 6-8 months' time. Module installation is anticipated to commence in approximately 16-24 months. <h2 style="text-align: center;">Ownership & Share Information1</h2> CanAsia Energy Corp. has a market cap of CA$41.73 million, with 112.79 million shares outstanding. The company's 52-week range is CA$0.06-CA$0.45. Strategic Investors own 17.73% of shares, while Management & Insiders own 20.29%. The remaining 61.98% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31197"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31197" width="0" height="0"> ( Companies Mentioned: CEC:TSX.V, ) Wed, 13 May 2026 00:00:00 PST This Idaho Gold Project Just Moved Closer to a US$2.7 Billion Funding Vote https://www.streetwisereports.com/article/2026/05/12/this-idaho-gold-project-just-moved-closer-to-a-us-2-7-billion-funding-vote.html Source: <a href="https://www.streetwisereports.com/article/2026/05/12/this-idaho-gold-project-just-moved-closer-to-a-us-2-7-billion-funding-vote.html?utm_medium=feed">Streetwise Reports 05/14/2026</a> Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) reported first-quarter results as the Stibnite Gold Project advanced permitting, engineering, and proposed U.S. EXIM financing.<a href="https://www.streetwisereports.com/pub/co/10820?utm_medium=feed" target="_blank" rel="noopener">Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ)</a> announced <a href="https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-perpetua-resources-announces-first-quarter-2026-financial-results" target="_blank" rel="noopener">the filing of its unaudited condensed consolidated financial results for the period ended March 31, 2026.</a> The company said it continued advancing financing, engineering, procurement, and early works activities related to the Stibnite Gold Project during the quarter. "After breaking ground late last year at our Stibnite project, we maintained our momentum in Q1 2026," Jon Cherry, President and CEO of Perpetua Resources, said in a company news release. "The first quarter saw considerable progress towards securing our comprehensive project financing plans with U.S EXIM, and a final vote is expected in the coming weeks." During the quarter, the U.S. Export-Import Bank posted a Congressional notice for an approximately US$2.7 billion proposed senior secured loan for the project. Perpetua said the notification period has expired, and the proposed loan has advanced to a final vote anticipated in the second quarter of 2026. The company's loan was also placed on the agenda for the U.S. EXIM Board meeting scheduled for May 21, 2026. If approved, the proposed loan would include approximately US$2.2 billion for construction of the project, financial assurance, and certain discretionary corporate and exploration costs, with the remainder allocated to capitalized interest and fees. Perpetua stated that, if approved in the amount indicated, the company would have sufficient capital to finance the project's estimated direct capital costs of US$2,576 million, together with financial assurance and discretionary corporate and exploration costs, using the proposed U.S. EXIM loan and US$669.5 million in cash on hand as of March 31, 2026. <a href="https://www.investors.perpetuaresources.com/investors/news/perpetua-resources-perpetua-resources-announces-first-quarter-2026-financial-results" target="_blank" rel="noopener">The company reported zero lost time incidents and zero reportable environmental spills during the quarter.</a> In March 2026, Perpetua published an updated Technical Report Summary incorporating revised capital and operating expense estimates reflecting continued engineering, contracting, and project development through December 2025. According to the investor presentation, the Stibnite Gold Project includes 4.8 million ounces of gold reserves and 149 million pounds of antimony reserves. Perpetua also reported that it received the final remaining Stream Alteration Permit from the Idaho Department of Water Resources in January 2026, as well as the final Idaho Pollutant Discharge Elimination System permit for industrial wastewater discharges. In April 2026, the Idaho Department of Environmental Quality issued a final modified Clean Water Act Section 401 Water Quality Certification for the project. The company said it anticipates receiving the second phase cyanidation permit from IDEQ in the second quarter of 2026. Perpetua stated that environmental plaintiffs in the 2025 NEPA challenge filed a motion for a preliminary injunction on May 8, 2026, seeking to delay certain construction activities on federal land planned for the Stibnite Gold Project. The company said the motion excludes early works activities already underway under a prior stipulation between the parties, and those activities will continue. A hearing on the motion is scheduled for May 28. The company also announced it transitioned Engineering, Procurement, and Construction Management responsibilities for the project's processing plant and related scopes of work from Ausenco to Hatch. <div class="qMYqUG_convSearchResultHighlightRoot"> <div class="relative w-full overflow-visible"> <section class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id="request-WEB:72ebda2a-1c25-4ec4-a01e-ccf4a881e8ac-5" data-turn-id-container="request-WEB:72ebda2a-1c25-4ec4-a01e-ccf4a881e8ac-5" data-testid="conversation-turn-12" data-scroll-anchor="false" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn"> <div class="flex max-w-full flex-col gap-4 grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&]:mt-1" dir="auto" tabindex="0" data-message-author-role="assistant" data-message-id="91ac166a-1497-4787-916e-0823770c2f10" data-message-model-slug="gpt-5-5" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="22">Gold Prices Remained Elevated as Analysts Tracked Inflation, Commodities, and Resource Sector Activity</h2> <a href="http://www.321gold.com/editorials/captainewave/captainewave051026.html" target="_blank" rel="noopener">In a May 10 market update, Captain Ewave wrote that gold had reached a low of "4500.90" before rebounding to a high of "US$4765.20" and closing at "US$4714.90." </a>The report stated that "a very powerful wave (iii) of iii is now complete at the US$5595.40 high and we are now falling in a multi-month wave (iv) correction." Captain Ewave also wrote that "we should expect gold to move higher in wave -b- over the next couple of weeks" and provided long-term projections for wave 3 of "US$5936.00" and "US$9033.60." <a href="https://streetwisereports.com/article/2026/05/11/shades-of-99.html" target="_blank" rel="noopener">Michael Ballanger of GGM Advisory wrote on May 11 that the chart setup for gold showed "categoric 'NO!'" when asking whether there was "ANYTHING wrong with this chart?"</a> Ballanger stated that commodity prices had been "trending bullishly" and pointed to the Bloomberg Commodity Index, which he said had risen 73.4% over the prior three years. He also wrote that "the junior resource sector has a great deal of recovery embedded in its future, especially when one considers the paucity of capital expenditures on mining projects during the last two-and-a-half decades." Ballanger also discussed broader investor behavior in equity markets, comparing recent activity in semiconductor stocks to the late-1990s dotcom bubble. He wrote that "investors are partying like it's 1999 with record call option buying" and described the technology sector's recent move as a "vertical ascent." Against that backdrop, he contrasted resource equities with technology stocks, writing that "owning the junior resource sector in no way vaguely resembles the mania of the past three years in technology issues." <a href="https://finance.yahoo.com/personal-finance/investing/article/gold-and-silver-prices-today-monday-may-11-gold-and-silver-down-this-morning-after-trump-rejects-irans-peace-plan-110050358.html" target="_blank" rel="noopener">According to a May 11 report from Yahoo Personal Finance,</a> gold futures for June delivery opened at "US$4,690 per troy ounce" and later fell to "US$4,673.90 by 6:45 a.m. ET." The report stated that the opening price of gold futures was down 0.9% from the prior session's close, while gold remained up 42.2% on a year-over-year basis. Yahoo Personal Finance also noted that "consumer and producer price reports are due out later this week and will provide a clearer picture of how the months-long war with Iran is affecting prices and driving inflation concerns." </div> </div> </div> </div> <div class="mt-3 w-full empty:hidden"> <div class="text-center"> </div> </div> </div> </div> </section> </div> </div> <h2 style="text-align: center;" data-section-id="1gb531i" data-start="0" data-end="70"> Third Parties Highlight EXIM Financing Progress and Antimony Positioning</h2> 2 <a href="https://www.streetwisereports.com/article/2026/04/10/see-how-analysts-rate-co-with-only-antimony-reserve-in-us.html?m_t=2026_04_23_09_34_57&utm_medium=feed" target="_blank" rel="noopener">According to an April 20 Analyst Consensus Report from Streetsmart,</a> the consensus average rating for Perpetua Resources Corp. was "Buy / Outperform" with a consensus target price of "US $38.90 / CA $54.07." The report included several analyst ratings and target prices. On March 31, Mike Kozak of Cantor Fitzgerald maintained a "Buy" rating with a target price of "US $49.00" and Josh Wolfson of RBC Capital Markets maintained an "Outperform" rating with a target price of "US $42.00 / CA $58.38." On April 1, Brian Quast of BMO Capital Markets maintained an "Outperform" rating with a target price of "US $33.81 / CA $47.00," while Nick Giles of B. Riley Securities maintained a "Buy" rating with a target price of "US $40.00 / CA $55.60." <a href="https://www.streetwisereports.com/article/2026/02/11/idaho-antimony-co-received-upgraded-price-target.html?utm_medium=feed">On April 7, Heiko Ihle of H.C. Wainwright & Co. maintained a "Buy" rating with a target price of "US $41.00 / CA $56.99."</a> On April 8, Rabi Nizami of National Bank of Canada maintained an "Outperform" rating with a target price of "US $39.57 / CA $55.00." Mike Kozak of Cantor Fitzgerald wrote in a March 31 note that "the U.S. Export-Import Bank (EXIM) is progressing with a significant financial proposal, advancing a US$2.7 billion loan to support the development of Perpetua Resources' Stibnite gold-antimony project in Idaho." Kozak stated that "the updated figures include an initial CAPEX of US$2.6 billion" and "an after-tax net present value (NPV) at 5% of $5 billion assuming a gold price of US$4,000 per ounce." Cantor Fitzgerald reiterated a "Buy" rating and a "US$49 per share target." Josh Wolfson of RBC Capital Markets stated in a March 31 update that "the developments are viewed as slightly positive, enhancing the likelihood of securing project funding and advancing construction in the second half of 2026." Wolfson wrote that "the revised project estimates show a net present value (NPV) at a 5% discount rate of US$3.5 billion and an internal rate of return (IRR) of 23.5%." The analyst also stated that "engineering for the project is 45% complete as of the end of 2025." RBC Capital Markets maintained an "Outperform" rating with a "US$42 per share price target." In an April 1 research note for B. Riley Securities, Nick Giles wrote that "the stock saw an 11% increase in its value, outperforming the R2K's decline of 1.5%." Giles stated that "the updated project economics show a net present value (NPV) of 5% at US$3.5 billion and an internal rate of return (IRR) of 23.5%." The analyst also wrote that "the US$2.2 billion in funding, along with US$773 million in existing cash and equivalents, fully covers the initial US$2.6 billion capital required for Stibnite's construction, avoiding any potential equity dilution." B. Riley Securities maintained a "Buy" rating and a "US$40" price target. Brian Quast of BMO Capital Markets wrote in an April 1 research note that "the initial capital estimate for the project has increased by approximately 15% to US$2.576 billion from the previous US$2.215 billion." Quast stated that "the U.S. Export-Import Bank has demonstrated strong federal support for the project by unanimously deciding to notify Congress of a proposed US$2.7 billion senior secured long-term loan." The analyst also wrote that "Perpetua Resources has also updated its Technical Report Summary, reflecting more conservative financial estimates due to inflation and detailed cost and technical data from signed contracts." BMO Capital Markets maintained an "Outperform" rating with a target price of "CA$47." According to an April 7 update referenced by Streetwise Reports, H.C. Wainwright analyst Heiko Ihle reaffirmed a "Buy" rating and a "US$41" target price. Ihle wrote that "the report underscored the strategic importance of the Stibnite project as a key domestic source of antimony." The report stated that "the new US$41 price target for Perpetua is derived from a discounted cash flow (DCF) analysis of the Stibnite operations, using a 10.0% discount rate." In an April 8 research note for National Bank of Canada Capital Markets, Rabi Nizami wrote that "these developments are viewed positively and are expected to position Perpetua to outperform its peers as it moves closer to obtaining final approval from the EXIM board and making a construction decision within the year." Nizami also stated that "the proposed loan amount of US$2.2 billion (US$2.7 billion with capitalized interest and fees) exceeds the initial expectations of up to US$2 billion." The analyst wrote that "the project's net present value (NPV) at a 5% discount rate is estimated at US$3.5 billion." National Bank of Canada Capital Markets raised its target price to "CA$55 from CA$50" and maintained an "Outperform" rating. Separately, in an April 27 contributed opinion piece for Wealth Daily, Brian Hicks wrote that "Perpetua is mining antimony in Idaho. Idaho has quickly become one of the hottest mineral mining districts on the planet." Hicks also referred to Perpetua Resources as "one of the most explosive rallies ever seen in the stock market." [OWNERSHIP_CHART-10820] <h2 style="text-align: center;" data-start="3422" data-end="3478">Project Financing, Permitting, and Development Milestones</h2> <a href="https://perpetuaresources.com/wp-content/uploads/Perpetua-Resources_Investor-Presentation_April-2026_FINAL.pdf" target="_blank" rel="noopener">Perpetua's April 2026 investor presentation outlined several project milestones and development activities related to the Stibnite Gold Project.</a> The company said the project financing plan includes approximately US$714 million in cash, up to US$172 million from warrants, and a proposed approximately US$2.7 billion U.S. EXIM senior secured loan. The presentation stated that U.S. EXIM board approval was anticipated in the second quarter of 2026, following the commencement of a 25-day Congressional notice period on March 30, 2026. Perpetua also listed ongoing exploration activities of gold and critical minerals during 2026, antimony offtake activities in 2026, a final investment decision in 2026, and commercial operations targeted for 2029 among its key company catalysts. The investor presentation stated that the company completed basic engineering and a power procurement contract in February 2025, was selected as a Transparency Project by the White House in April 2025, received a Preliminary Project Letter and Indicative Term Sheet from EXIM in September 2025, announced requests for proposals for antimony offtake opportunities in September 2025, and completed strategic equity investments and additional equity financing between June and December 2025. The company also stated that it announced a partnership with Idaho National Laboratory on an antimony pilot plant in December 2025 and selected Hatch as EPCM contractor in December 2025. <h2 style="text-align: center;">Ownership and Share Structure1</h2> The company has 124.86 million shares issued and outstanding. On an undiluted basis, Paulson & Co. owns 25.91%, Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) owns 6.41%, and JPMorganChase holds 2.23%. About 45.73% is owned by institutions, and strategic investors own 6.47%. The rest is retail. Its market cap is CA$5.2 billion. Its 52-week range is CA$13.85–CA$51.10 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Perpetua Resources Corp is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. </li> <li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Perpetua Resources Corp. and Agnico Eagle Mines Ltd.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers. 2. Street Smart Average Price Target Formula Street Smart Consulting has attained an average price target and rating for this company from our system's formula. The system calculates an average of all analyst target prices, which are originally in Canadian or U.S. dollars, then converts them to both dollar amounts. For the recommendation, it selects whichever rating (Buy, Sell, Hold, etc.) appears most frequently among analysts. When there's a tie for the most common recommendation, all tied ratings are included. <img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31181"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31181" width="0" height="0"> ( Companies Mentioned: PPTA:TSX; PPTA:NASDAQ, ) Thu, 14 May 2026 00:00:00 PST Colorado Uranium Project Revived as Exploration Push Shifts to Historic Discovery https://www.streetwisereports.com/article/2026/05/11/colorado-uranium-project-revived-as-exploration-push-shifts-to-historic-discovery.html Source: <a href="https://www.streetwisereports.com/article/2026/05/11/colorado-uranium-project-revived-as-exploration-push-shifts-to-historic-discovery.html?utm_medium=feed">Streetwise Reports 05/08/2026</a> Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) began a new mapping and sampling program at its Cross Bones uranium project in Colorado as analysts shifted focus following recent Coyote Basin drill results.Homeland Uranium Corp. (HLU:TSX.V; HLUCF:OTC; D3U:FSX) announced <a href="https://www.homeland-uranium.com/news-releases/2026/homeland-initiates-surface-mapping-program-at-the-cross-bone2026-05-05-050502" target="_blank" rel="noopener">that it has commenced a detailed geological mapping, prospecting and sampling program at its 100%-owned Cross Bones uranium project near Dinosaur, Colorado. </a>The company stated that the program is designed to verify historically reported radioactive occurrences, assess the distribution and characteristics of uranium mineralization at surface, and identify new areas of elevated radioactivity. According to the company, the mapping program will also support refinement of geological targets ahead of a future drilling program anticipated in the second half of 2026. Homeland said mapping and prospecting activities are expected to be completed over approximately one month. The company stated that the program will evaluate three prospective priority target areas sequentially based on exploration potential. Homeland identified the highest-priority mapping area as the area surrounding the Cross Bones uranium deposit, formerly known as the Skull Creek uranium deposit, based on drilling completed in 1978 and 1979 by Anschutz Uranium Corp. and Ashland Minerals. The company noted that Bluerock Resources conducted follow-up drilling in 2006. Homeland stated that the Cross Bones uranium deposit outcrops at surface and is hosted within the Sego sandstone and possibly the Iles formation, part of the Upper Cretaceous-age Mesaverde Group formation. The company added that the Sego sandstone and Iles formation are overlain by the younger Upper Cretaceous-age Williams Fork formation and the Paleocene-age Fort Union formation, which is the target horizon at the company's Coyote Basin project. The company also stated that it recently acquired a second data set for the Cross Bones project, which included historical exploration information such as drill hole locations, surface radioactivity, and outcrop sampling results that Homeland previously did not possess. According to the company, the amalgamation of the new data set with Homeland's existing data "has had a significant positive impact on the company's understanding of the Cross Bones uranium project and the historical uranium mineralization encountered on the property." <a href="https://www.homeland-uranium.com/news-releases/2026/homeland-initiates-surface-mapping-program-at-the-cross-bone2026-05-05-050502" target="_blank" rel="noopener">Roger Lemaitre, president and chief executive officer of Homeland Uranium, stated in a company news release</a>: "The new data set acquisition has allowed the company to accelerate our original exploration program and will allow us to focus more efficiently at defining mineralization at Cross Bones. This mapping program is an important step in tying together our understanding of the geology of the Cross Bones project and refining the drill target selection process for the known mineralized area, as well as identifying other areas on the property for future work." <h2 style="text-align: center;" data-section-id="1bqtrdn" data-start="0" data-end="90">Rising Nuclear Demand, Fuel Security Efforts, and Trading Activity Shape Uranium Sector</h2> <a href="https://www.baystreet.ca/stockstowatch/23248/The-US-Uranium-Sector-Is-Getting-Crowded-With-Catalysts--Eagle-Nuclear-Just-Added-Another-Ahead-of-Its-Summer-Drill-Program" target="_blank" rel="noopener">Baystreet wrote on May 6 that the U.S. uranium sector had become "more catalyst-dense than at any point in the past decade."</a> The commentary stated that uranium spot prices were trading near US$86.55 per pound, while "TradeTech's Long-Term Uranium Price Indicator climbed to US$93.00 per pound on March 31, its highest level in more than 18 years." The same Baystreet commentary stated that "the U.S. continues to import approximately 95% of the uranium it consumes, against domestic production of roughly 1 million pounds in 2026 versus annual reactor demand of nearly 50 million pounds." <a href="https://www.reuters.com/business/energy/cme-seeks-revive-uranium-trading-with-physical-futures-launch-sources-say-2026-05-07/" target="_blank" rel="noopener">Reuters reported on May 7 that CME Group planned to launch a physically based uranium futures contract in the coming months</a>, according to sources familiar with the plans. The report stated that the contract represented "a departure from CME's existing, financially settled uranium futures, which have seen scant volumes," and came during a period when "investor interest in nuclear fuel surges on expectations of new reactor builds to meet climate targets and power energy-hungry data centers." John Perdew, co-head of nuclear fuels at broker TP ICAP, told Reuters: "There's a lot of eyes on uranium, a lot of new capital looking at it." He also stated: "There's a futures contract, but it only has 350 lots of open interest and four prices a month. That's not what they (investors) want." Reuters also wrote that "funds and other investors are showing fresh enthusiasm for uranium due to the acceleration away from fossil fuels following price spikes triggered by wars in Ukraine and Iran," while noting that many market participants had been deterred by "limited price transparency and the lack of exchange-traded instruments." The Reuters report added that "demand for the fuel used to power nuclear reactors is expected to more than double by 2040," citing the World Nuclear Association. <a href="https://investingnews.com/uranium-enrichment-market-forecast-growth/" target="_blank" rel="noopener">According to a May 7 report from SNS Insider cited by Investing News Network</a>, the global uranium enrichment market was projected to reach US$30.23 billion by 2035, compared with US$14.52 billion in 2025. The report stated that the projected 7.61 percent compound annual growth rate was driven by "the construction of 70 new nuclear reactors worldwide and increasing capital allocations toward nuclear fuel cycle infrastructure." The same report stated that the U.S. uranium enrichment market was valued at US$3.12 billion in 2025 and was forecast to reach US$7.67 billion by 2035. Domestic uranium production also increased, with US uranium mines producing 677,000 pounds of U3O8 in 2024 compared with 50,000 pounds in 2023. Total US production expenditures reached US$160 million in 2024, which the report described as "the highest recorded since 2016." Investing News Network also reported that "global nuclear reactors generated 2,667 terawatt-hours of electricity in 2024," citing the World Nuclear Association, while noting that "the sector currently has 70 reactors under construction, primarily located in Asia, with an additional 110 planned." <h2 style="text-align: center;" data-section-id="1sr7ryy" data-start="0" data-end="31">Focus Shifts to Cross Bones Following Coyote Basin Setback</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/two-new-picks-push-ahead-a-uranium-explorer-pivots-and-gold-nuggets-with-geologist-sharyn-alexander/" target="_blank" rel="noopener">According to a May 7 report from Jeff Clark and Daniel Flynn, the company "pivoted" to its Cross Bones uranium project after reporting assay results from eight holes at the Coyote Basin uranium project that "came back with uranium concentrations of less than or equal to 30ppm uranium."</a> The report stated: "This is very low, and certainly below what management had expected based on prior drilling." Clark and Flynn also wrote that "the market sold off the stock" and that shares were "down around 65% since the release." Following meetings with management, Clark and Flynn wrote that "two things stand out," including that "Coyote Is Not Dead but Goes to the Back Burner." The report stated that management believed "the historic work is legitimate," but that "more exploration will be required to properly understand the mineralization." The report also stated that "unexpected limitations with the drill contractor's equipment and personnel prevented drilling below the water table," which "limited the ability to confirm what the prior drilling had showed." Clark and Flynn further wrote: "Encouragingly, downhole probe data still shows a laterally continuous horizon of elevated and locally anomalous radioactivity." They added that the company was "now re-evaluating the data and assessing whether deeper drilling below the currently defined radioactive horizon is warranted." In the same May 7 report, Clark and Flynn stated that "Homeland Is Pivoting to the Cross Bones Project." They wrote that the project "hosts a historic uranium discovery first drilled in the 1970s and followed up again in 2006," and that management indicated "significantly more historical work was completed here than at Coyote, including about 100 holes with higher grades." The report also stated that management had "recently acquired a valuable second dataset containing additional drill locations, surface radioactivity readings, and sampling data." Geologist Sharyn Alexander wrote in the May 7 report that "Cross Bones is not a new discovery story. It's a reinterpretation story." She stated that the project hosted "a historical uranium estimate based on work completed in the 1970s and later programs." Alexander wrote that "the dataset behind it is substantial," adding that historical drilling included "dozens of holes, supported by logs, assays, and radiometric surveys from multiple campaigns that are now being consolidated and reinterpreted." She also stated: "Exploration success at Cross Bones will depend less on whether uranium exists, and more on whether that historical dataset holds up under modern scrutiny." According to Alexander, "The company's current program reflects that approach: surface mapping, sampling, and data integration ahead of drilling." She added: "The goal is to refine targets within an already defined system and position the project for a more efficient drill campaign." Alexander also wrote: "From a technical standpoint, this represents a shift from a concept-driven target to a data-supported system. Cross Bones offers scale and precedent. The next phase of work will determine whether it also delivers reliability." Clark and Flynn concluded the report with an "UPDATED RECOMMENDATION: HOLD." <h2 style="text-align: center;" data-section-id="1r8gove" data-start="2740" data-end="2785">Exploration Plans and Project Development</h2> <a href="https://www.homeland-uranium.com/images/PDF/Presentations/2026/HLU_April_2026_CorpPresentation.pdf" target="_blank" rel="noopener">According to the company's April 2026 investor presentation, </a>Homeland Uranium holds 37,252 acres covering two historical uranium deposits located 25 miles apart in Colorado. The Cross Bones Project includes 853 Bureau of Land Management claims and three state leases totaling 18,596 acres, while the Coyote Basin Project includes 839 Bureau of Land Management claims and three state leases totaling 18,656 acres. The investor presentation stated that planning and permitting for the second half of the 2026 drilling program at Cross Bones is underway. Homeland also noted that recent historical exploration data purchases are expected to accelerate the project evaluation timeline and reduce exploration costs. The presentation stated that the Cross Bones project has a historical resource estimate of 7,129,000 tons grading 0.31% U3O8, totaling 44.2 million pounds of U3O8, while noting that the company is not treating the historical estimate as a current mineral resource. [OWNERSHIP_CHART-11249] The presentation also described recent work completed at the project, including the relogging and resampling of 2006 BlueRock drill core during the first quarter of 2026 and the acquisition of the February 2026 BlueRock exploration database. Homeland stated in the investor presentation that the database acquisition would save the company one to two years of exploration work and several million in exploration costs. Homeland further stated in the investor presentation that target generation work is underway as part of a planned two-phase 2026 program. According to the presentation, the company owns drill hole and wireline data from the 1978 Anschutz and Ashfield Minerals drill programs, while the BlueRock Resources database acquisition provided all data from 16 BlueRock drill holes completed in 2006, along with surface sampling data, regional radiometric surveys, and locations of historical drill holes. The investor presentation also outlined work at the company's Coyote Basin project, where Homeland completed a 33-hole, 17,792-foot drill program in February 2026 as part of Phase II, Part 1 exploration activities. The company stated that interpretation of results is pending receipt of assay data and identified an inferred resource target by the end of the first half of 2026. <h2 style="text-align: center;" data-start="4828" data-end="5244">Ownership and Share Structure</h2> 16.18% of Homeland Uranium is held by management and insiders. Of them, Johnny Ciampi and Jelena Jakovjecic hold the most with 3.05% each. Institutions own 0.01%. The rest is retail. Homeland Uranium has a market cap of CA$10.61 million, 111.65 million shares outstanding, and a 52-week range of CA$0.07 - CA$0.65. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Homeland Uranium.</li> <li>James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31169"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31169" width="0" height="0"> ( Companies Mentioned: HLU:TSX.V;HLUCF:OTC;D3U:FSX, ) Fri, 08 May 2026 00:00:00 PST Federal Backing Propels US Refiners Toward Record Profits Amid War-Era Margins https://www.streetwisereports.com/article/2026/05/08/federal-backing-propels-us-refiners-toward-record-profits-amid-war-era-margins.html Source: <a href="https://www.streetwisereports.com/article/2026/05/08/federal-backing-propels-us-refiners-toward-record-profits-amid-war-era-margins.html?utm_medium=feed">Keith Kohl 05/14/2026</a> Keith Kohl of Energy & Capital takes a look at the current state of the energy market and shares some oil stocks on his list.President Biden recently invoked Section 303 of the Defense Production Act of 1950, a law granting the president emergency industrial powers, to bolster domestic oil production, refining, and distribution. The official reason given was to safeguard the petroleum infrastructure vital to U.S. military readiness, without which our defense capabilities would be "severely impaired." However, a deeper examination reveals another likely motivation. As average U.S. gas prices soared to $4.30/gallon and diesel topped $5.80/gallon last week, the administration likely sought to address voter discontent over high fuel costs, which can swiftly sway elections. The order empowers the Energy Secretary to expand refining capacity by streamlining regulations, fast-tracking projects, and authorizing federal financial aid, effectively prioritizing refining as a national security imperative. This development is perfectly timed for U.S. refiners. With spring maintenance season concluding and summer driving demand starting, refiners were already poised for strong performance. Additionally, global demand for U.S. Gulf Coast crude and refined products is surging due to the ongoing dual blockades in the Strait of Hormuz. Refiners are also benefiting from robust crack spreads - the difference between crude costs and refined product prices. Major refiners like Exxon Mobil Corp. (XOM:NYSE), Marathon Petroleum Corp. (MPC:NYSE), and Valero Energy Corp. (VLO:NYSE) have completed turnarounds at their Gulf Coast facilities and are ramping back up just as demand is set to spike. The supply crisis stemming from the Strait of Hormuz blockades is beginning to materialize as tankers that delivered cargoes before the war are now unable to reload. Europe and Asia are scrambling for diesel and gasoline, and Gulf Coast refiners are uniquely positioned to meet this demand. In April, Gulf Coast 3-2-1 crack spreads averaged a lucrative $41.75/barrel, nearly double year-ago levels. Diesel margins are especially high, with prices averaging $61.42/barrel, up 164% year-over-year. These are war-era margins that will likely persist given the structurally tight global diesel supply, exacerbated by the ongoing Strait of Hormuz closure. Invoking the Defense Production Act turbocharges this setup by giving refiners federal backing to maximize output. It enables expedited permitting for capacity expansion projects and pledges federal purchases and financial commitments. The order's language underscores refining as essential to national defense, with inadequate capacity framed as a severe threat. The real investment opportunity lies not with the integrated oil majors like Exxon, but with the independent refiners trading at valuations that don't reflect their imminent margin windfall. Valero Energy, the second-largest U.S. refiner, Marathon Petroleum, the largest by volume, and Phillips 66 (PSX:NYSE) are all trading at remarkably low valuations relative to their earnings power in the current environment. The market has yet to fully price in the convergence of factors - the Defense Production Act invocation, the onset of summer driving season, and the surge of global export demand - that will propel these refiners to record profitability. Discerning investors have a chance to capitalize on this overlooked opportunity. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Keith Kohl: I, or members of my immediate household or family, own securities of: Marathon. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31160"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31160" width="0" height="0"> Thu, 14 May 2026 00:00:00 PST Energy Sector Delivers Big Gains on Long-Term Buy Signal https://www.streetwisereports.com/article/2026/05/06/energy-sector-delivers-big-gains-on-long-term-buy-signal.html Source: <a href="https://www.streetwisereports.com/article/2026/05/06/energy-sector-delivers-big-gains-on-long-term-buy-signal.html?utm_medium=feed">Jack Chan 05/06/2026</a> Jack Chan of Simply Profits shares his view on the energy sector, taking a specific look at oil.<img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691503_1.png" alt="" width="520" height="429" /> The energy sector has been on a long-term buy signal since late 2025. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691552_2.png" alt="" width="520" height="429" /> USO – we are long from 70.22, holding with no stops. Current pivot support at 110. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691611_3.png" alt="" width="520" height="429" /> XLE – we are long from 45.89 & 58.78, holding with no stops. Current pivot support at 53.50. Here are some top oil companies that some of our members are holding: <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691635_4.png" alt="" width="520" height="429" /> Exxon Mobil Corp. (XOM:NYSE) - current pivot support at 142. Exxon Mobil Corp exhibits a positive correlation with oil prices, meaning the stock generally moves in the same direction as crude oil. As an integrated energy company, Exxon's profitability is heavily influenced by the market price of the commodities it produces and sells. Data analysis shows a consistent link between the daily returns of Exxon Mobil and crude oil prices. Based on long-term historical data encompassing nearly 3,500 data points, the correlation coefficient between WTI crude oil and XOM stock is approximately 0.44. XOM's massive US$20 billion annual share buyback program tends to support the stock price even during temporary dips in oil. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691659_5.png" alt="" width="520" height="429" /> Chevron Corp. (CVX:NYSE) – current pivot support at 176. Chevron stock is highly correlated with oil prices, often acting as a leveraged bet on crude, with roughly 57% of its stock price movement historically explained by changes in oil and natural gas prices. As an integrated oil major, Chevron typically benefits from rising petroleum prices, which enhance its cash flow and stock performance. Surging oil prices act as a strong catalyst for CVX, leading to increased free cash flow and boosted shareholder returns via stock buybacks. While Chevron is a "lower-for-longer" beneficiary due to its low-cost asset base, the stock still faces downward pressure if oil prices drop below US$60. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691729_6.png" alt="" width="520" height="429" /> ConocoPhillips (COP:NYSE) – current pivot support at 111. ConocoPhillips stock shows a strong positive correlation with oil prices, with near-term earnings buoyed by high oil prices. The company is viewed as a "defensive play" in the oil sector, holding the largest potential for net present value gains when prices rise. Analysts maintain a strong buy consensus on COP stock, with expectations of continued upside due to disciplined capital investment and its large, low-cost inventory base. While elevated oil prices support strong dividends, a "hold" rating is applied by some analysts, suggesting the stock's rapid rally has limited its potential for long-term outperformance. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691755_7.png" alt="" width="520" height="429" /> Occidental Petroleum Corp. (OXY:NYSE) – current pivot support at 51. Occidental Petroleum stock is trading as a high-beta play on oil prices, meaning it is highly leveraged to fluctuations in crude oil, particularly WTI (West Texas Intermediate). The company's valuation is heavily linked to its dominant position in the Permian Basin and its debt-reduction strategy, which relies on strong cash flow from high oil prices. OXY is a high-conviction bet on sustained high oil prices, with significant growth potential during upswings, but notable downside risk if global oil markets experience a sharp downturn. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265691829_8.png" alt="" width="520" height="429" /> EOG Resources Inc. (EOG:NYSE) – current pivot support at 124. EOG Resources acts as a high-beta, pure-play exploration and production company, meaning its stock price and free cash flow are highly sensitive to crude oil price volatility. As a low-cost producer, EOG often outperforms during rising oil prices, with production expected to increase in 2026 amid strong demand and geopolitical tailwinds, despite high capital investment plans. As a U.S. shale operator, EOG has higher flexibility compared to conventional producers to quickly adjust production levels, making its cash flow and stock performance closely tied to real-time changes in global oil benchmarks. <h2 style="text-align: center;">Summary</h2> We are currently 60% invested in the sector, holding with no stops. We prefer ETFs for diversification, simple execution, and management. Folks who prefer some of these top oil companies can simply follow our trading model for the sector, either holding for the long term or trading in the short term. End of report <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Agnico Eagle Mines Ltd., Pan American Silver Corp., Wheaton Precious Metals, and Barrick Mining Corp. </li> <li>Jack Chan: I, or members of my immediate household or family, own securities of: None. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Jack Chan Disclosures We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion. Jack Chan is the editor of Simply Profits at www.simplyprofits.org, established in 2006. Jack bought his first mining stock, Hoko Exploration in 1979, and has been active in the markets for the past 46 years. Technical analysis has helped him filter out the noise and focus on the when, and leaving the why to the fundamental analysts. His proprietary trading models have enabled him to identify the Nasdaq top in 2000, the new gold bull market in 2001, the stock market top in 2007, the US dollar bottom in 2011, and most recently, the new bull market in the oil/energy sector. In his spare time, Jack is an avid golfer and tennis player, and volunteers his time coaching and lecturing at local clubs and universities. Jack trades and invests in sector ETFs only, and has no affiliation or ownership in any of the individual stocks within this roster.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31142"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31142" width="0" height="0"> ( Companies Mentioned: CVX:NYSE, COP:NYSE, EOG:NYSE, XOM:NYSE, OXY:NYSE, ) Wed, 06 May 2026 00:00:00 PST The Bubble is Back! https://www.streetwisereports.com/article/2026/05/04/the-bubble-is-back.html Source: <a href="https://www.streetwisereports.com/article/2026/05/04/the-bubble-is-back.html?utm_medium=feed">Michael Ballanger 05/04/2026</a> Michael Ballanger of GMM Advisory Inc. warns markets are in a bubble as the Shiller CAPE hits 40, while spotlighting a copper junior's massive 5 km Chilean anomaly.As I write this missive, we have just entered into the six most dangerous months of the year after experiencing the ninth best month for performance in five decades. The S&P 500 closed up 9.75% in the month of April, with the NASDAQ registering its best performance since April 2020, up 15.29%. What is surprising is that there have been no surprise stimulus efforts made by either the Fed or the Treasury to substantiate these types of performances. Furthermore, with oil pressing up and through $100/bbl. to close out the month, interest rates have moved higher in anticipation of a resurgence of inflationary pressures, with the 10-year 4.40% and the 30-year knocking on the 5% door, and the Strait of Hormuz remains firmly impassable. You will recall that the original mission in Iran for the American armed forces was to accomplish three things: <ul> <li>Recover nuclear materials used in making weapons</li> <li>Regime change</li> <li>Eliminate Iranian control over the Strait of Hormuz</li> </ul> <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265461935_1.jpg" alt="" width="540" height="312" /> To date, none of these objectives have been met — repeat, NONE — and yet the President this afternoon sent a letter to Congress declaring that "Hostilities have ended" with regard to the war. One has to wonder how permanent this "cessation of hostilities" will remain if those tankers two months from now are still unable to secure safe passage through the Strait. This morning I posted chart of the QQQ:US which clearly illustrates how deeply overbought the tech stocks have become, and since the QQQ:US has a unique mix of mainly tech stocks in its portfolio, the resurgence of the Mag Seven has been its driver. Top 10 QQQ Holdings: As of May 2026, the top 10 securities make up approximately 46.7% of the fund's total assets: <ul> <li>Nvidia Corp. (NVDA:NASDAQ): ~9.26%</li> <li>Apple Inc. (AAPL:NASDAQ): ~7.10%</li> <li>Microsoft Corp. (MSFT:NASDAQ): ~5.70%</li> <li>Amazon.com Inc. (AMZN:NASDAQ): ~4.98%</li> <li>Meta Platforms Inc. (META:NASDAQ): ~3.54%</li> <li>Alphabet Inc. Class A (GOOGL:NASDAQ): ~3.64%</li> <li>Alphabet Inc. Class C (GOOG:NASDAQ): ~3.38%</li> <li>Broadcom Inc. (AVGO:NASDAQ): ~3.39%</li> <li>Tesla Inc. (TSLA:NASDAQ): ~3.35%</li> <li>Walmart Inc. (WMT:NYSE): ~3.08%</li> </ul> In fact, of the top ten securities held by this ETF, only Walmart Inc. (WMT) is not a member of the technology sector. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462035_2.png" alt="" width="624" height="570" /> Also breaking records in the month of April was the Philadelphia Semiconductor Index ($SOX:US), which posted eighteen consecutive record highs in the month. Despite a couple of down days during the last week of the month, it registered a near-record close for the month on Thursday and earlier today hit yet another record high at 10,595.07 before easing off. Every momentum indicator on the board is flashing "overbought" while the folks over at CNBC are trotting out Tom Lee every ten minutes so he can restate his forecast for the semis over and over again, which, to no one's surprise, is "serially bullish". The Shiller CAPE ("cyclically-adjusted price-earnings") ratio is also screaming a warning. As of early May 2026, the Shiller CAPE ratio for the S&P 500 is hovering around 40.24. This level is historically extreme, marking only the second time in the 155-year history of the metric — dating back to 1871 — that valuations have exceeded the 40-point threshold for a sustained period. Current Valuation Context <ul> <li>Historical Average: The long-term mean is approximately 17.3. The current reading represents a 135% premium over this historical norm.</li> <li>Modern Context: Since 1976, the average has been higher at roughly 22.7, but the current ratio remains significantly elevated even by modern standards.</li> <li>Year-over-Year Change: The ratio is up approximately 22.6% from the same time last year, when it sat at 32.62.</li> </ul> So, with momentum off the charts in terms of being "stretched" and valuation now approaching levels not seen since the DotCom bubble, if it looks like a bubble and it acts like a bubble, maybe — just maybe — it is a bubble. A few ETF's are lurking about that can provide investors with decently correlated proxies for lower prices. The one I particularly like is the Direxion Daily Semiconductor Bear 3X (ARCA) ETF (SOXS:US), which one year ago traded 32.5 times higher than today's price at its 52-week high of $423 as compared with the current bid price of $12.93. To put April's moonshot into perspective, one month ago today, it traded at $38.49, nearly triple the current price. Now, as a disclaimer, please be forewarned that these leveraged ETFs have a sneaky habit of eroding in value with the passage of time, so this ETF by no means represents a vehicle for the "BUY-and-HOLD" crowd. It is for traders and should be traded when and if a suitable profit presents itself (which could be never). <h2 style="text-align: center;">Materials</h2> CNBC took great glee in announcing a few minutes ago that the only sector not advancing this week was the Materials sector. The Materials sector (also known as Basic Materials) includes companies "that discover, develop, and process raw materials used as foundational inputs for other industries". That includes the miners which are suffering from a severe hangover brought on by the month-long party they all had in January, led by the premature celebrations of the silver bulls who are still delivering headlines like "The Comex Silver Crisis is Real" and "$309 Silver Right Now: The Forecast that Really Makes Sense " which are mere afterthoughts and in no way come close to Michael Oliver's now infamous "$500 Silver by Summer!" which was retweeted out fifty million times in the days and weeks after silver put in its classic top on January 29. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462128_3.png" alt="" width="624" height="278" /> I bought the March 20 lows in the GDX:US and GDXJ:US and took profits on the leveraged parts of both trades at the peak of the bounce around mid-April, and now whatever I own is paid for by those trading profits. In the interest of full disclosure, I did not expect the miners to roll over and head down to what now appears to be a re-test of those March lows. In fact, if I were forced to hazard a guess, I would pick mid-late August as a possible turning point for the metals as well as the entire "Materials" group. There will be trades that show up in the miners from time to time, but a series of lower highs and lower lows is never a good space in which to reside. What I don't want to see is the March 20 lows fail to hold because if we break that level, the entire precious metals complex will be in jeopardy. Since the miners have always led the physical metals in terms of trend change, I would shudder violently if those March lows are taken out. It isn't just that the miners will all be headed lower, but it will cast a dark shadow on the January highs in that traditional technical analysis would have to shed a revisionist light on silver's bubble-like ascent to $121 per ounce and gold's awesome march to $5,626. The PM-bashers led by the crypto-gang are already pointing to the January 29th reversal as the beginning of the bear market in gold and silver, but from where I am perched, gold shows zero evidence of a bear market arrival. Silver's reversal of 48% from the January highs to its nadir a week later, around $62, is a different story and topic of fierce debate, as it is tough to view the last three months as anything but the early stages of a bear market. The sideways "chop" we have seen in both gold and silver has provided little in the way of clues as to the next major move, which is, by the way, in contrast to the action in copper, which has been grinding higher since it put in its low around $5.23 back in early February. I see no evidence of any disruption in the copper bull whatsoever, and continue to accumulate copper juniors with advanced exploration projects and established resources, with particular and honorable mention going to Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB). <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462154_4.jpg" alt="" width="623" height="857" /> The company released results of their helicopter-borne MobileMT airborne electromagnetic and magnetic survey ("MobileMT") completed by Expert Geophysics Services Inc. ("EGS") on Wednesday, with the highlight being that 5 km. wide anomaly shown in the graphic posted above. I was explaining to subscribers the significance of the upcoming deep IP survey to be carried out this month, as it was explained to me by CEO Merlin Marr-Johnson, with the assumption being that this anomaly will carry "chargeability," which is a characteristic of sulphides associated with porphyry copper deposits. An IP survey will confirm "chargeability" and as I wrote in my email alert on Thursday, "I realize that this is a lot of information to absorb, especially for subscribers that are relatively new to the world of mineral exploration, but this IP survey will almost completely rule out other 'chargeable' materials, leaving the most likely material as "sulphides". Given that Fitzroy has already identified copper-moly-gold sulphides on the fringes of the system, the odds are that any big chargeability anomaly will have Cu-Mo-Au in the sulphides mix. In short, Cu-Mo-Au-bearing sulphides associated with a porphyry are precisely what FTZ/FTZFF expect to find when they drill this target in the Fall. The IP survey will increase our odds of discovery which is why I am telling you. If this beast carries "chargeability", I will add aggressively to my position." The results of the IP survey should be out by the end of the month or very early June, with the drill program commencing sometime in September, after the start of the Chilean springtime and the Andean snow has melted. In the interim, the stock is down some 39% from the January 28th high of CAD $.73 and represents an outstanding opportunity for the aggressive investor/speculator. <h2 style="text-align: center;">Canadian Markets</h2> Canadian markets are shrugging off all kinds of negative economic data, but they have yet to eclipse the March peak, with the TSX Composite Index well off the record high recorded on March 2nd (the second day of PDAC). The TSX Venture Exchange, which houses the vast majority of junior resource issues in North America, is faring not-so-well as it is now 15.5% off the record high recorded on January 26th, three days before the blow-off top in gold and silver. Canada is suffering from many things these days, not the least of which is the fact that most of the wealth in the country is now centered solely in residential real estate. The reason for this is that the baby-boom generation (of which I am a card-carrying member) has a vested interest in keeping the bubble inflated. Most of my wealthy male friends who have survived intact with the same wife of fifty or sixty years have been totally content to own the Canadian bank stocks and the house they bought in 1985 for $300k, followed by the cottage in Muskoka they bought for $250k in 1988, because that is the only equity they have in their entire 65-75 years on the planet. If the Government of Canada were to impose a hefty tax on second properties or on primary residences, the price of a normal house would drop by a hefty 50% overnight. The realtors I speak with in the local area (which is NOT the Greater Toronto Area) are bleeding from the eye sockets because no one is buying OR selling. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462239_5.png" alt="" width="624" height="570" /> The sellers are "forced sellers" because they bought at the top, banking on a "flip" and after three years of waiting for the "ten bidders above asking price" for their million-dollar "fixer-upper", they are now six months behind on their payments and their lender has finally been forced to foreclose. This phenomenon is only going to increase as time goes by, as the regulators are finally forced to lower the boom on the lenders and finally mark their loan portfolios to the real market rather than the expected market of the former bubble. Canadian residential housing is the true definition of the term "bubble". Hong Kong residents looked at Vancouver in the 1960's and determined that it would be a better place to sow long-term roots than an island soon to revert to Mainland China so they moved their wealth and their families to Vancouver in droves and as long as they met the "Landed Immigrant" rules which included a net worth of in excess of $250,000, they came in with billions of Asian dollars, converted them to loonies and two-nies and inhaled every property in West and North Vancouver with reckless abandon. Even East Vancouver became the favorite point of RE speculation, such that houses such as the one shown here became tokens in the shell game of Vancouver property flipping. The young family raised in Burnaby by parents of modest means was forced to vacate the basement of the family home and relocate to Kelowna, Surrey, or Penticton, not to find a job but simply to afford a roof over the heads of their young family members. The issue of "suitable employment" becomes a non-starter and defaults to a demand and dependence upon "government subsidy" in order to survive. This is exactly the fault of the generation that earned modest incomes for the majority of their lives, which gave their bank-owned government the God-given right to inflate the money supply in order to inflate the real estate market, only because their only real asset was the home in which they lived and/or the cottage to which they traveled in the summer. Today, those assets are egregiously over-valued, over-priced, and over-hyped, not only by the realtors trying to sell them, but by the banks whose loans are collateralized by the assets. <img class="float_left" src="https://www.theaureport.com/images/auto_up/20265462317_6.png" alt="" width="339" height="317" />Now that the pin has touched the outer membrane of Canada's real estate "bubble", the banks are turning in panic to the government for a bailout because they realize that there is no bailout coming. The "boomers" no longer control the voting booth, and the kids know it. When the next election rolls around, housing "affordability" will be at the top of the "issues" agenda, and that means that either wages are going to be allowed to rise, or those with second and third houses as "investment properties" are going to be taxed into insolvency. The main driver of the Canadian economy since the 1950's has been construction and real estate as the young and exceedingly sparse population of post-WWII was allowed to grow through mass immigration, much of it from members of the Commonwealth and of course, Hong Kong, whose ownership slipped from British rule in 1997. The banks were the primary beneficiaries of this wave of population growth, but it wasn't until the GFC in 2008 and the subsequent opening of the money-printing Bank of Canada spigot after the COVID pandemic that demand for housing exploded, taking the benchmark price through the proverbial roof. While prices are cooling, the mortgage exposure to the Big Five Banks is substantial and that does not include Commercial Real Estate in the discussion. There was never a reason that a country as vast as Canada should have ever experienced a housing shortage but since the banks have had a stranglehold on Canadian politics from Day One, the growth of their mortgage books has been an enormous source of revenue and profits. There are not very many young families that can afford the down payment to begin with, and if they are fortunate enough to have parents who can pony up the cash for the down payment, the young family is stuck with paying interest to the banks for the better part of their time on the planet. If the banks had zero exposure to the underlying collateral (housing prices) you can wager your retirement savings plan that house prices would never have reached the dizzying heights of 2023. The good news is that the global commodity cycle has turned, with demand for metals critical to the growth of electrification and the "AI" wave now being sought after. Canada is a veritable warehouse of critical metals, and while it has enjoyed a long and venerable history as a country of miners and oil drillers, we have not seen the kind of prospecting activity in decades that has been developing recently. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462332_7.png" alt="" width="624" height="278" /> We need a shift in attitudes at the governmental level in order to protect and promote the commodity boom, but I dare not delve into politics as it is not exactly my chosen field of endeavor. As for the Canadian currency, there has never been a commodity cycle that did not see the loonie advance against the U.S. greenback, which means investing in Canadian companies if you are a primary user of U.S. dollars should provide a firm tailwind. The S&P/TSX Composite Index (formerly the "TSX 300") has a 35.5% weighting in resource companies with roughly 18% Energy and 17.5% Materials (commodities). As such, the upcoming commodity cycle is going to provide support for the index. As for the S&P/TSX Venture Composite (formerly the "TSX Venture Exchange"), it has a 66.2% weighting in resources, with Materials at 49% and Energy at 17.2%. Accordingly, if you are a metals bull, the TSXV is where you will get the biggest bang for your buck when the commodities cycle kicks into gear. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/20265462358_8.png" alt="" width="624" height="278" /> Demand for all metals associated with electrification and technology is growing into a global battlefield, with the Americans late to the party while China has been making inroads (as in "deals") throughout Africa and South America for the past two decades. Now that American leaders have woken up, they are moving with rapier-like speed to streamline the permitting process for new mineral projects so as to remove any and all shreds of dependence upon Chinese domination (i.e., "vulnerability"). The move to replace Venezuelan leadership was a clear statement to the Chinese that the Western Hemisphere is not going to become their playground when it comes to energy and raw materials. My portfolio is centered around the theme that two metals will be front and center for the rest of this decade. Gold is the metal that prevents me from getting "debased" by the profligate explosion of the monetary base in most of the G7 nations, while copper is the metal that is in structural deficit while experiencing unfathomable increases in demand due to both electrification and technology ("AI"). Both of these metals dominate the junior explorers and developers that populate the S&P/TSX Venture Composite, and it is the juniors that make all of the new discoveries around the world, a phenomenon dating back to the 1980's. Since the leverage is in the juniors, a portfolio of well-researched junior explorers and developers is well-positioned for the wave of exponential growth that will occur before this next commodity cycle has run its course. Lastly, the events of the past two months in the Middle East will be seen as a mere hiccup in this burgeoning commodity cycle, and I view weakness in gold and copper as one of the truly great investment opportunities of the last fifty years. It is time to look beyond the war; it is time to look at your list of investments. It is time to move… <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Apple Inc., Tesla Inc., Amazon, Alphabet Inc. Class C, and Fitzroy Minerals Inc. </li> <li>Michael Ballanger: I, or members of my immediate household or family, own securities of: Fitzroy Minerals Inc. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Michael Ballanger Disclosures This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31115"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31115" width="0" height="0"> ( Companies Mentioned: FTZ:TSX.V; FTZFF:OTCQB, ) Mon, 04 May 2026 00:00:00 PST Oil Explorer Uncovers Massive Colombia Upside https://www.streetwisereports.com/article/2026/05/01/oil-explorer-uncovers-massive-colombia-upside.html Source: <a href="https://www.streetwisereports.com/article/2026/05/01/oil-explorer-uncovers-massive-colombia-upside.html?utm_medium=feed">Streetwise Reports 05/01/2026</a> Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE) posts 13% production growth and up to 105% analyst upside as Colombias Tapir Block drilling success fuels major 2026 growth potential.Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE) released <a href="https://www.newsfilecorp.com/release/294750" target="_blank" rel="noopener">2025 audited full-year-end results, as well as Q4 2025 results</a>, the filing of audited financial statements, and its MD&A and Reserves Report on April 29, 2026. <a href="https://www.newsfilecorp.com/release/294750" target="_blank" rel="noopener">Full-Year 2025 Highlights Include</a>: <ul> <li>Net income of US$1.4 million, inclusive of an impairment loss of US$7.6 million (FY: 2024: US$13.1 million).</li> <li>Total oil and gas revenue of US$70.5 million, net of royalties (2024: US$73.7 million)</li> <li>Cash position of US$11 million at the end of 2025 (2024: US$18 million). No outstanding debt.</li> <li>Adjusted EBITDA of US$35 million (FY 2024: US$48 million), with Q4 2025 EBITDA of US$6.3 million (Q4 2024: US$13.3 million)</li> <li>Funds flow from operations of US$32 million (FY 2024: US$36 million), with Q4 2025 funds flow from operations of US$9 million (Q4 2024: US$12 million).</li> <li>13% increase in annual average production to 4,012 boe/d (2024: 3,542 boe/d)</li> <li>Successfully drilled 14 development wells at its different fields in the Tapir block, including Rio Cravo Este (RCE), Carrizales Norte (CN), and Alberta Llanos (AB), which contributed to maintaining the company's production levels.</li> <li>Drilled a successful exploratory well on the Mateguafa Attic (M) field in the Tapir block, followed by drilling of three development wells, including one horizontal well (M-HZ7). One well was drilled in Canada.</li> <li>All operations were delivered safely, with no accidents or environmental incidents.</li> </ul> <a href="https://www.newsfilecorp.com/release/294750" target="_blank" rel="noopener">Q1 2026 Highlights Include</a>: <ul> <li>The Company has drilled four development wells on the Mateguafa Attic field in the Tapir Block, including the Mateguafa 12 (M-HZ12) horizontal well.</li> <li>Mateguafa HZ12 (M-HZ12) is on production and cleaning up.</li> <li>Currently mobilizing the drilling rig to the Icaco pad to start drilling the Icaco-1 exploration well.</li> <li>Received authorization from the Agencia Nacional de Hidrocarburos (ANH) to terminate the COR-39 exploration and production contract, which included release of a US$12 million commitment.</li> </ul> <a href="https://www.newsfilecorp.com/release/294750" target="_blank" rel="noopener">The CEO of Arrow Exploration Corp., Marshall Abbott, said</a> in the release: "Arrow's continued drilling success in 2025 has solidified the production and cashflow base, which enables the Company to maintain a constructive low-risk drilling pace. The company sustained increased production, revenue, and EBITDA that, along with a robust balance sheet, support the capital program planned for 2026. Core strategy remains maintaining a disciplined approach to capital allocation. This allows Arrow to grow production while maintaining positive cash flow and a growing cash position. Today's strong results show clear success in our operating strategy. Arrow is confident in continuing to successfully pursue the scope and repeatability that the Colombian Tapir Block offers. The company's focus remains on growing production and cash flow that will strengthen valuation and afford greater optionality in pursuing additional opportunities." Abbott went on to say, "Arrow continues to have a strong balance sheet with no debt. The funds for the 2026 capital operations are expected to come from operating cash flow and cash reserves. The Arrow team continues to strive towards growth, operational excellence, and increasing shareholder value." The company's 2025 Reserves Highlights Include: <ul> <li>1,801 Mboe of Proved Developed Producing Reserves</li> <li>5,415 Mboe of Proved Reserves</li> <li>11,775 Mboe of Proved plus Probable Reserves</li> <li>20,102 Mboe of Proved plus Probable plus Possible Reserves</li> <li>1P Reserves estimated net present value before income taxes of US$96 million, calculated at a 10% discount rate</li> <li>2P Reserves estimated net present value before income taxes of US$245 million, calculated at a 10% discount rate</li> <li>3P Reserves estimated net present value before income taxes of US$473 million, calculated at a 10% discount rate</li> </ul> Full results will be posted on Arrow's website and can be found <a href="https://arrowexploration.ca/wp-content/uploads/2026/04/Arrow-Exploration-Full-Year-2025-Results-CAN-.pdf" target="_blank" rel="noopener">here</a>. Arrow Exploration Corp. is a Canada-based oil exploration company focused on projects in Colombia. <h2 style="text-align: center;">Oil Prices Projected to Stay High in Near-Term</h2> Oil prices have spiked from US$60 per barrel at the beginning of 2026 to US$120 as of May 1, 2026. Continuing conflict between the U.S. and Iran, leading to the closure of the Strait of Hormuz, has restricted oil availability in the U.S. <a href="https://stockhead.com.au/experts/oil-at-us120-is-a-spike-the-shift-behind-it-isnt/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-05-01-2026&utm_content=httpsstockheadcomauexpertsoilatus120isaspiketheshiftbehinditisnt&utm_medium=email&utm_campaign=CB%20May%201&utm_content=CB%20May%201+CID_21ad96bcf0ddff0fb66d90becd857baa&utm_source=Campaign%20Monitor&utm_term=Oil%20at%20US120%20is%20a%20spike%20%20the%20shift%20behind%20it%20isnt" target="_blank" rel="noopener">In an article for Stockhead on May 1, 2026, Nigel Green discussed his belief that prices may eventually go down</a>, but the underlying market for oil will likely remain unchanged. "What matters now is not whether oil trades at US$120, US$100, or lower over the coming weeks. What matters is that a central assumption has broken. Energy flows are no longer treated as a given. They're part of a negotiation, and that reality is now embedded in pricing," Green wrote before going on to say, "Even if oil falls back from US$120, it's unlikely to be priced as though this route is stable and predictable. That shift is already influencing expectations." <a href="https://oilprice.com/Latest-Energy-News/World-News/Iran-Warns-of-140-Oil-as-Trump-Holds-Hormuz-Blockade.html" target="_blank" rel="noopener">Tsvetana Paraskova for Oilprice.com reported</a> on May 1 that Iran has threatened prices of up to US$140 if Trump does not stop the blockade. Paraskova quoted Bagher Galibaf, the Speaker of Iran's Parliament, saying, "The U.S. Administration is getting 'junk advice' from people like [Treasury Secretary] Bessent, who also push the blockade theory and cranked oil up to $120+. Next stop:140.'" [OWNERSHIP_CHART-10794] However,<a href="https://www.cnbc.com/2026/05/01/oil-prices-today-brent-wti-us-iran-war-trump-war-powers-deadline.html" target="_blank" rel="noopener"> Iran sent an updated peace proposal</a> to Pakistan, which is acting as a mediator between the U.S. and Iran during the conflict, today. The proposal has been delivered to the American government, and President Trump faces a 60-day deadline due to the <a href="https://avalon.law.yale.edu/20th_century/warpower.asp" target="_blank" rel="noopener">War Powers Resolution</a>. If Congress does not approve the deployment of troops within the next 60 days, all troops sent under Trump's command will be withdrawn from the conflict. <h2 style="text-align: center;">Analysts Give 'Buy' Rating</h2> According to FactSet: <ul> <li>On April 29, 2026, Zyes analyst Daniel Slater gave Arrow Exploration a 'Buy' rating, with a CA$0.65 target price.</li> <li>On the same day, Canaccord Genuity analyst Charlie Sharp also gave the company a 'Buy' rating, with a CA$0.52 target price. </li> </ul> <a href="https://streetwisereports.com/article/2026/04/29/analyst-sees-over-100-upside-as-nine-well-drilling-program-and-icaco-exploration-well-advance.html" target="_blank" rel="noopener">In an April 29, 2026, research note from </a>Auctus Advisors LLP's Stephane Foucaud, Foucaud gave Arrow Exploration a target price of £0.45, implying a roughly 105% upside from its current £0.22 share price at the time of the report. <h2 style="text-align: center;">Catalyst-Heavy 2026</h2> <a href="https://www.newsfilecorp.com/release/294750" target="_blank" rel="noopener">According to the press release</a>, Arrow Exploration has a fully funded 2026 work program totaling US$24 million dedicated to targeting up to nine new wells in the Tapir block. The company will also continue discussions with its partner and authorities on the contract extension for the Tapir block. To date, the dialogue has been very constructive, according to the company. Arrow Exploration said that all conditions required for the extension to be granted have been met, and management remains very confident that the extension will be granted. <a href="https://arrowexploration.ca/wp-content/uploads/2026/03/ARROW-corp-presentation-260227-Final.pdf" target="_blank" rel="noopener">Arrow Exploration's investor presentation</a> also lists the development of the M. Attic target and the exploration of the Icaco target as focal points of 2026. <h2 style="text-align: center;">Ownership & Share Information1</h2> Arrow Exploration Corp. has a market cap of CA$116.30 million, with 285.86 million shares outstanding. The company's 52-week range is CA$0.20-CA$0.47. Institutions own 2.53% of shares, while Strategic Investors own 6.64%. Management & Insiders own 20.79% of shares, and the remaining 70.04% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Rupe wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31107"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31107" width="0" height="0"> ( Companies Mentioned: AXL:TSX.V; AXL:LSE, ) Fri, 01 May 2026 00:00:00 PST Permian Resources Targets Gains as Iran War Triggers Oil Shock https://www.streetwisereports.com/article/2026/04/30/permian-resources-targets-gains-as-iran-war-triggers-oil-shock.html Source: <a href="https://www.streetwisereports.com/article/2026/04/30/permian-resources-targets-gains-as-iran-war-triggers-oil-shock.html?utm_medium=feed">Ron Struthers 04/30/2026</a> Ron Struthers of Struthers Resource Stock Report reviews Permian Resources Corp. (PR:NYSE) as it is set to announce its quarterly results amid the current oil crisis.It appears the market is finally waking up to the severity and the mess the U.S has caused in kicking this Iranian hornet's nest. I have been warning since soon after the beginning of this war that it would drag on, and the oil market was not pricing in reality, and equity and bond markets have been complacent. Oil jumped to highs yesterday, and I wanted to wait until this morning to ensure that oil did not reverse and give back gains. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430110646_1.png" alt="" width="790" height="561" /> I have been commenting for some time that I expect oil to go up to US$150 and probably higher as this crisis drags on; it has now started the next leg up. In my issue a month ago, March 27, I said, "I think the only sure bet is that this crisis is going to drag on for months. Oil is not pricing in that outcome yet". There is no end in sight yet! On Tuesday, reports highlighted Bessent describing IRGC leaders as now "trapped like drowning rats" amid the enduring U.S. naval blockade of Iranian ports, which will soon result in gasoline shortages, anger & uprising. Bessent is spewing pure BS as Iran has 12 refineries and all kinds of gasoline. Their prices are about the lowest in the world at US$0.11 a gallon or about US$0.03 a liter. Iran was a big exporter of gasoline, so in reality, it is the rest of the world and not Iran that will suffer gasoline shortages. It sounds like Putin is the only leader who has a clue. Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran is fighting for 'sovereignty'. Iran wants to inflict so much pain on the world by closing the Strait of Hormuz that they will not be attacked again, risking another strait closure. Iran is seeking security guarantees and believes it has to become a nuclear power to have its sovereignty. It is obvious that Iran and the U.S. are miles apart, and this conflict is not ending soon. More pain means a lot higher oil prices and shortages around the world, and it is coming Maybe this is what is waking up the oil market. A headline yesterday at CNBC said a Jet Fuel Bidding War was Breaking Out. Benedict George, head of European product pricing at Argus. "While we can import more, and we are, from the U.S. and Nigeria, we have to fight for every cargo that's going to come," George told CNBC's "Squawk Box Europe" on Monday. "We have to fight against Singapore, against Australia — and the price...just goes higher and higher." The U.S. is emerging as a key source for Europe. U.S. global exports of jet fuel have gone stratospheric, soaring to a record 442,000 barrels a day in early April, or about 372,000 barrels over a four-week average, according to SocGen. That's about 200,000 barrels a day more than the five-year norm of 172,000 barrels a day. The U.S. has historically exported about half of this to its neighbors, Mexico, Canada, and Panama — but now Europe is battling for this jet fuel too. This is important because the U.S., as the biggest oil producer and with a large refining capacity, will sell at the highest price. This could result in shortages in the U.S. Keep an eye open for the U.S. to implement export controls, as this will be a signal that the crisis is getting worse. This would be bad news for Canada, too. Canada sends a lot of oil to the U.S. and gets refined gasoline, diesel, and jet fuel in return. Another important factor is that <a href="https://www.canadaaction.ca/canadian-refineries-frequently-asked-questions" target="_blank" rel="noopener">four Canadian refineries </a>in Quebec and Eastern Canada rely on U.S. and Middle East oil. They will have to compete with the rest of the world. Canadian Airlines has been canceling all kinds of flights to deal with high jet fuel prices. This will only get worse with travel, and the economic stimulus it provides will decline further and further. Canadians and Americans will be forced to cut back in numerous areas as they have to divert more $$ into fuel. Eventually, the oil and gas stocks will catch more bids and attention. I suggested Permian as a good oil/war play, and since that time, it has basically gone sideways. <h2 style="text-align: center;">Permian Resources </h2> Recent Price - US$21.55 Entry Price - US$9.23 Opinion – Buy Permian Resources Corp. (PR:NYSE) will announce its quarterly results on May 6 after the market, and we will see improved cash flow and earnings. Currently, the technical indicators and moving averages suggest a Strong Buy. The stock is up against resistance, poised to break out, and On Balance Volume shows strong accumulation since March. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430110705_2.png" alt="" width="1000" height="774" /> <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Ron Struthers: I, or members of my immediate household or family, own securities of: Permian Resources. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting" target="_blank" rel="noopener">here.</a> Struthers Resource Stock Report Disclosures All forecasts and recommendations are based on opinion. Markets change direction with consensus beliefs, which may change at any time and without notice. The author/publisher of this publication has taken every precaution to provide the most accurate information possible. The information & data were obtained from sources believed to be reliable, but because the information & data source are beyond the author's control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Because of the ever-changing nature of information & statistics the author/publisher strongly encourages the reader to communicate directly with the company and/or with their personal investment adviser to obtain up to date information. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. The author/publisher may or may not have a position in the securities and/or options relating thereto, & may make purchases and/or sales of these securities relating thereto from time to time in the open market or otherwise. Neither the information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. The author/publisher of this letter is not a qualified financial adviser & is not acting as such in this publication.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31096"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31096" width="0" height="0"> ( Companies Mentioned: PR:NYSE, ) Thu, 30 Apr 2026 00:00:00 PST Why the CRB Index May Be Signaling the Next Commodity Move https://www.streetwisereports.com/article/2026/04/30/why-the-crb-index-may-be-signaling-the-next-commodity-move.html Source: <a href="https://www.streetwisereports.com/article/2026/04/30/why-the-crb-index-may-be-signaling-the-next-commodity-move.html?utm_medium=feed">John Newell 04/30/2026</a> John Newell of John Newell & Associates takes a look at the CRB Index and reviews companies on the index he believes might be positioned for the next upleg.The Thomson Reuters/ Core Commodity CRB Index is one of those indicators that does not always get the attention it deserves, but it should. It quietly reflects what is happening across the entire commodity complex, not just gold, silver, or copper in isolation, but the full spectrum of raw materials that drive the global economy. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430102106_1.png" alt="" width="638" height="491" /> At its core, the CRB Index is a basket of commodities that includes energy, metals, and agricultural products. Because energy carries a heavy weighting, shifts in oil can influence the index, but the broader message comes from how all these components move together. When the CRB trends higher, it typically reflects strengthening demand, tightening supply, or rising inflation pressures. When it trends lower, it often signals the opposite. For years, the CRB has been stuck in a wide, grinding range. Rallies would start, build some momentum, and then fade. That kind of price action usually tells you the sector is under-owned and lacking a strong macro tailwind. That may now be changing. The decline into the 2020–2021 lows marked a classic capitulation phase. The selling was sharp and emotional, the kind of move that tends to mark the end of a cycle rather than the middle of one. What followed has been a steady recovery, but more importantly, a shift in structure. The CRB has begun to build higher lows, and that is often the first sign that a market is transitioning from distribution into accumulation. I often refer to the idea of "same way down, same way up," and the CRB is starting to show that kind of symmetry. The area around 270 marked what I call the Point of Recognition, where the market proved the downtrend had lost control. Since then, the consolidation has been constructive, not weak. From here, the roadmap becomes clearer. Levels around 440 and 530 represent logical steps along the way, while a move toward 700 would suggest something much larger, potentially the early stages of a new commodity cycle. Now, none of this happens in a straight line. Corrections are part of the process, and in many ways, they are where the best information shows up. Because what holds up best during a correction often leads the next move higher. <h2 style="text-align: center;">What Goes Down the Least…</h2> One of the simplest observations in market behavior is that relative strength matters. Stocks that refuse to break down when their sector is under pressure tend to outperform when sentiment turns. In the recent pullback across precious metals and energy, a few names have stood out. They have not collapsed. They have held structure, built higher lows, and in some cases continued advancing. Those are the ones I pay attention to. <h2 style="text-align: center;">Honey Badger Silver Inc.</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430102221_2.png" alt="" width="548" height="499" /> Honey Badger Silver Inc. (TUF:TSXV; HBEIF:OTCQB) is a story that has quietly evolved from a collection of exploration assets into something more substantial. The company’s strategy has been straightforward but effective. Rather than chasing high-risk exploration alone, management has focused on acquiring silver ounces in the ground at low cost, often in past-producing districts with infrastructure already in place. That approach has allowed the company to build scale without excessive dilution. The turning point came with the acquisition of the Prairie Creek Project in the Northwest Territories. This is not just another exploration play. It is a high-grade, fully permitted silver-zinc-lead project with existing underground development and a defined resource base. Historically, Prairie Creek hosts roughly 240 million ounces of silver equivalent in measured and indicated categories, with an additional 167 million ounces inferred. That scale matters, especially in a market where new discoveries are harder to come by and permitting timelines continue to stretch. What stands out is the valuation gap. While many peers trade at significantly higher values per ounce in the ground, Honey Badger remains priced at a fraction of that level. That disconnect creates the potential for a re-rating as the market begins to recognize the underlying asset base. From a market standpoint, the stock has already shown strength. It has achieved earlier upside targets and, despite a pullback in silver, has held its structure and built a new base. That type of behavior is not typical in this space, and it often points to accumulation rather than distribution. Management is another piece of the puzzle. With a capital markets background and experience building and financing companies, the team has shown discipline in how it has grown the asset base. This is no longer just an exploration story. It is becoming a development story, and that shift can be meaningful if the broader commodity cycle continues to improve. <h2 style="text-align: center;">Lux Metals Corp. </h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430102250_3.png" alt="" width="499" height="456" /> Lux Metals Corp (LXM:TSXV; BBBMF:OTCMKTS) is still early in its story, but that is part of what makes it interesting. The company is focused on advancing its copper and gold assets, positioning itself within a sector that continues to benefit from long-term demand tied to electrification and infrastructure. While the broader market has been volatile, Lux has been quietly building a more constructive structure. What stands out here is the transition from a prolonged downtrend into a basing phase, followed by the early signs of higher lows. That shift may seem subtle, but it is often where the biggest opportunities begin. On the fundamental side, the company is still in the exploration and development stage, which means the value is tied to what it can prove in the ground. In a stronger commodity environment, that optionality becomes more valuable, particularly for companies with clean structures and room to grow. What I am watching is how the stock behaves around key levels. Holding support and continuing to build higher lows during a broader correction suggests that sellers are losing control. If that continues, the next phase tends to come quickly. Lux fits the profile of a company that could benefit from renewed interest in base metals, particularly if the CRB continues to strengthen. <h2 style="text-align: center;">ATHA Energy Corp.</h2> <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/2026430102331_4.png" alt="" width="550" height="504" /> ATHA Energy Corp. (SASK:TSX.V; SASKF:OTCMKTS; X5U:FRA) sits in a different part of the commodity spectrum, but the setup is similar. The company is focused on uranium, a sector that has quietly been building momentum as the world rethinks energy security and the role of nuclear power. With a large land position and exposure to high-quality uranium districts, ATHA has positioned itself within a theme that is gaining traction. What stands out technically is that the stock has already moved through earlier upside targets and continues to build higher lows. Even during recent volatility, the structure has held. That is not something you see in weaker names. From a fundamental perspective, uranium remains one of the more compelling long-term stories in the resource space. Supply constraints, increasing demand for clean energy, and geopolitical considerations all support the case for higher prices over time. ATHA provides leverage to that theme, and the market appears to be recognizing it. The combination of improving fundamentals and a chart that continues to act well places it firmly in the category of relative strength. <h2 style="text-align: center;">The Bigger Picture</h2> What ties all of this together is the backdrop. The CRB Index appears to be transitioning out of a multi-year base. That does not guarantee a straight move higher, but it does suggest the environment is improving. At the same time, we are seeing select companies that are not breaking down during corrections. They are holding structure, building higher lows, and quietly positioning themselves for the next move. That combination matters. Because when the commodity cycle turns, capital does not flow evenly. It flows first into the names that are already acting right. The CRB gives us the signal. These companies are giving us the early confirmation. And if this is the beginning of a broader move in commodities, then the real opportunity will not come from the index itself. It will come from the companies that have already shown they can hold their ground when the market tests them. That is where I would be focusing my attention right now. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Lux Metals Corp.</li> <li>John Newell: I, or members of my immediate household or family, own securities of: Lux Metals Corp. and Honey Badger Silver Inc. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. I determined which companies would be included in this article based on my research and understanding of the sector.</li> <li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> John Newell Disclaimer As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31095"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31095" width="0" height="0"> ( Companies Mentioned: SASK:TSX.V; SASKF:OTCMKTS;X5U:FRA, TUF:TSXV;HBEIF:OTCQB, LXM:TSXV;BBBMF:OTCMKTS, ) Thu, 30 Apr 2026 00:00:00 PST Skyharbour Partner Company Set to Commence 2,500m Drilling Campaign in Athabasca Basin, Saskatchewan https://www.streetwisereports.com/article/2026/04/30/skyharbour-partner-company-set-to-commence-2-500m-drilling-campaign-in-athabasca-basin-saskatchewan.html Source: <a href="https://www.streetwisereports.com/article/2026/04/30/skyharbour-partner-company-set-to-commence-2-500m-drilling-campaign-in-athabasca-basin-saskatchewan.html?utm_medium=feed">Streetwise Reports 04/30/2026</a> Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) says partner company Terra Clean Energy Corp. is launching a comprehensive drill program at the Fraser Lakes B Uranium Deposit. With uranium demand accelerating alongside the global push for clean baseload power, high-grade discoveries in the Athabasca Basin have never mattered more.<a href="https://www.streetwisereports.com/pub/co/6026?utm_medium=feed" target="_blank" rel="noopener">Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE)</a> announced that partner company Terra Clean Energy Corp. (TCEC:CSE; TCEFF:OTC; C900:FSE) is gearing up to launch a comprehensive drill program to follow up on encouraging 2025 drill results at the Fraser Lakes B Uranium Deposit at the South Falcon East Project in the southeast Athabasca Basin, <a href="https://www.skyharbourltd.com/news-media/news/skyharbour-partner-company-terra-clean-energy-announces-an-upcoming-drill-program-at-the-south-falcon-east-uranium-project" target="_blank" rel="noopener">according to an April 30 release</a>. Under the terms of the option agreement with Skyharbour, Terra is committed to funding exploration expenditures totaling CA$10.5 million and paying Skyharbour CA$11.1 million in cash, with an option to settle CA$6.5 million of this in Terra's shares over the earn-in period. The upcoming drill program, scheduled for the late summer of 2026, aims to conduct up to 2,500 meters of drilling to explore a specific area identified during the winter 2025 program where several geological features suggestive of high-grade uranium mineralization converge, Skyharbour said. These features include a north-northwest trending brittle structure, a north-dipping structure with significant clay alteration, and mineralized pegmatites with hydrothermal hematite alteration within graphitic pelitic gneiss. "It is generally accepted that for higher-grade uranium deposits in the Athabasca Basin there are several key indicators: graphitic metasediments, brittle reactivated basement structures, reducing fluid (indicated by clay alteration), and oxidizing fluid (indicated by hematite alteration, transports uranium)," Skyharbour said in the release. "All these features have now been identified in the Fraser Lakes B Summer Target Area. Where they are projected to intercept is considered a top-priority target area for the discovery of a higher-grade, unconformity-related basement hosted uranium deposit and additional mineralized pegmatites." The planned drilling operations, project to cost CA$1.75 million, will be helicopter-supported, involving seven to 10 diamond drill holes targeting an area approximately 120 to 150 meters north of the drill holes completed during the winter program, according to Skyharbour. The field program is expected to kick off in mid to late August and will be conducted by Terralogic Exploration Inc., under the guidance of their team and Terra Vice President of Exploration C. Trevor Perkins. "We are excited to get back in there and test where the clay alteration intersects the mineralized zone and graphitic sediment package," Perkins said. "This is an exciting target as it can bring together many of the key features associated with the known basement hosted unconformity deposits in and around the Athabasca Basin." The South Falcon East Project, part of Skyharbour’s former Falcon Point Project, spans approximately 12,464 hectares, the release noted. Located about 18 kilometers outside the Athabasca Basin and roughly 50 kilometers east of the Key Lake mill, the project is home to the Fraser Lakes B Uranium-Thorium Deposit. This deposit has a historical inferred resource estimate of 6.9 million pounds of U₃O₈ at an average grade of 0.03% U₃O₈ and 5.3 million pounds of ThO₂ at 0.023% ThO₂. In March of 2015, Skyharbour released an updated NI 43-101 mineral resource estimate for the Fraser Lakes Zone B deposit at the south end of the property, available on <a href="https://www.sedarplus.ca/home/" target="_blank" rel="noopener">SEDAR+</a>.<a href="https://www.sedarplus.ca/"></a> The mineralization is found in shallow, structurally disrupted metasedimentary rocks and pegmatites, displaying characteristics typical of Athabasca-style basement-hosted deposits and is associated with well-defined EM conductors, Skyharbour said. <h2 style="text-align: center;">Expert: Skyharbour 'Increasingly Well Positioned'</h2> <a href="https://thegoldadvisor.com/paydirt-prospector/newsletters/4-stock-updates-as-the-market-find-its-feet-plus-our-new-gold-nuggets-section/" target="_blank" rel="noopener">According to an April 2 update on Skyharbour by Jeff Clark and Daniel Flynn of The Gold Advisor</a>, this year's drilling operations at the company's 100% owned Moore Project signal the start of a potentially pivotal exploration program for the company. The Moore Project is strategically located just 15 kilometers east of Denison Mines' Wheeler River project, which has recently received the green light for construction, and 39 kilometers south of the world's largest high-grade uranium operation, Cameco's McArthur River mine and Key Lake mill. Skyharbour is set to undertake up to 10,000 meters of multi-phase diamond drilling at Moore, aiming to determine if the project can emulate the success of its prominent neighbors, Clark and Flynn wrote. The initial phase of this drilling campaign will encompass 10 to 12 holes concentrated along the Maverick trend. The first target within this phase is Nomad, a newly identified regional target characterized last year as a broad, structurally controlled hydrothermal system. The drilling at Nomad will focus on investigating priority gravity anomalies and new electromagnetic (EM) conductors that were delineated in recent surveys. In addition to the drilling, Skyharbour is employing AI-assisted modeling to enhance the refinement and prioritization of targets at the Moore Project, they noted. This technological approach is intended to optimize the effectiveness of the current drilling efforts and to strategically inform future exploratory activities. The company has secured a renewed three-year drill permit for the Moore Project, which remains valid through March 2029, supporting its long-term exploration strategy in this uranium-rich region. The ongoing exploration program at Moore presents a real opportunity for a significant discovery that could substantially impact the company's valuation. For the time being, the outcome hinges on the geological findings, with the potential for strong results to rapidly improve market sentiment towards Skyharbour, the authors said. It's crucial to note that the company's prospects are not solely dependent on the Moore Project. Nearby, Denison is progressing with work at the Russell Lake JV, whereby in late 2025, Skyharbour closed a transformative Strategic Agreement with Denison at Russell Lake, bringing Denison in as a strategic and funding partner to advance Russell alongside Skyharbour. In addition, various partner companies are actively funding exploration efforts across Skyharbour’s extensive portfolio of 43 projects in the Athabasca region as part of their growing Prospect Generator business. Skyharbour now has option agreements that total over CAD $76 million in exploration expenditures, over $26 million in stock being issued and $16 million in cash payments coming into Skyharbour, assuming that these partner companies complete their full earn-ins at their respective projects. "Put it all together, and Skyharbour looks increasingly well positioned to make a meaningful discovery at a time when the uranium market is strengthening," they said in the newsletter. <h2 style="text-align: center;">Drilling Campaign is Co.'s Most Extensive Yet, Analyst Says</h2> According to a research note by Sid Rajeev of Fundamental Research Corp. dated February 5, Skyharbour this year will feature the company's most extensive annual drill campaign to date, with plans for exploration at Moore and the new Russell Lake joint venture. At Moore, the focus is on delivering a maiden resource estimate this year, which Rajeev believes will significantly clarify the project's potential and serve as a major catalyst for the company. Rajeev also highlighted that upcoming catalysts for Skyharbour include improved uranium market sentiment, partner-funded exploration, and significant drilling programs at both Moore and Russell Lake. Rajeev maintained his Buy rating, adjusting his fair value estimate from CA$1.12 to CA$1.16 per share, citing the company's expanded portfolio and key drilling programs as well-positioned to benefit from potential sector upswings. <a href="https://www.streetwisereports.com/article/2026/01/20/drilling-at-u3o8-asset-shows-grade-footprint-upside.html?utm_medium=feed" target="_blank" rel="noopener">In a January 15 research note</a>, David Talbot, Red Cloud's managing director and head of equity research, maintained his target price for Skyharbour at CA$0.65 per share, a potential 48% return at the time of writing. <h2 style="text-align: center;">The Catalyst: A Growing Need</h2> Amid a widening gap between supply and demand, global uranium producers are accelerating the transition of their development projects into operational commercial facilities to meet the growing need for this critical energy resource, <a href="https://investingnews.com/uranium-producers-fast-track-projects/" target="_blank" rel="noopener">according to a report by Giann Liguid for Investing News Network on April 27</a>. This shift has been encouraged by a sustained increase in uranium prices, with spot U₃O₈ prices remaining above US$80 per pound since the beginning of 2026, and long-term contract prices also surpassing this level. This price trend, coupled with improving supply and demand dynamics, is motivating producers and developers to either ramp up production or push forward with their project developments, Liguid wrote. The narrative surrounding the uranium market has been predominantly focused on increasing demand over the past two years, <a href="https://www.familywealthreport.com/article.php/The-Upcoming-Uranium-Supply-Crunch-" target="_blank" rel="noopener">Adam Rozencwajg wrote for Family Wealth Report on April 29</a>. However, emerging supply challenges are poised to become a more significant factor. The resurgence of nuclear power in Western countries and other regions, particularly through innovative approaches like small modular reactors, is driving this demand, the author said. The push for decarbonization of energy sources, which positions nuclear energy alongside renewables due to its ability to provide baseload electricity generation independent of weather conditions, is also contributing to this trend. Despite historical concerns over safety and high initial costs, the growing acceptance of nuclear power suggests a rising demand for uranium.[OWNERSHIP_CHART-6026] According to Goehring & Rozencwajg, a New York-based commodities-focused investment firm, the uranium market is entering a prolonged period of structural deficit. The firm highlights that while the demand for nuclear power is expected to significantly increase through 2040, uranium supply is not keeping up, exacerbated by production issues at major producers like Kazatomprom and Cameco. It anticipates that future market dynamics will likely be influenced more by persistent supply shortages rather than unexpected increases in demand, potentially leading to a long-term increase in uranium prices. The uranium market is facing notable supply challenges in the coming years, the report noted. In 2025, uranium mine production is projected to reach approximately 160 million pounds. Alongside this, secondary sources (such as recycled fuel and inventories) are expected to add about 25 million pounds to the supply. Investment demand, which represents uranium purchased by financial entities and investors for speculative purposes, is estimated to approach 10 million pounds. Despite these contributions, the combined supply is likely to fall short of overall demand, resulting in a deficit of roughly 5 million pounds. This imbalance is anticipated to become more pronounced in 2026. A decrease in uranium mine supply is expected to coincide with growing reactor demand, creating a deeper shortfall. Even before factoring in investment demand, the market will likely experience a significant deficit, Rozencwajg said. <h2 style="text-align: center;">Ownership and Share Structure1</h2> Institutional and strategic holders account for roughly 55% of the share structure, retail approximately 40%, and management and insiders approximately 5%. President and CEO Jordan Trimble holds a 1.58% stake, and Director David Cates holds approximately 0.87%. Skyharbour has 212.1 million shares outstanding and a market capitalization of CA$101.8 million. Its 52-week trading range spans CA$0.28 to CA$0.66 per share. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Skyharbour Resources Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.</li> <li>As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Terra Clean Energy Corp.</li> <li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31094"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31094" width="0" height="0"> ( Companies Mentioned: SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE, ) Thu, 30 Apr 2026 00:00:00 PST Lithium Miner Deploys Revolutionary Nevada Plant Expansion Using Patent-Pending Tech https://www.streetwisereports.com/article/2026/04/28/lithium-miner-deploys-revolutionary-nevada-plant-expansion-using-patent-pending-tech.html Source: <a href="https://www.streetwisereports.com/article/2026/04/28/lithium-miner-deploys-revolutionary-nevada-plant-expansion-using-patent-pending-tech.html?utm_medium=feed">Streetwise Reports 04/28/2026</a> Century Lithium Corp.'s (LCE:TSXV; CYDVF:OTCQX) Tonopah plant move highlights its patent-pending sulphur-free extraction technology, boosting Angel Island economics.On April 23, 2026, Century Lithium Corp. (LCE:TSXV; CYDVF:OTCQX) <a href="https://www.stockwatch.com/News/Item/Z-C!LCE-3810282/C/LCE" target="_blank" rel="noopener">provided shareholders with an update</a> on the location of its lithium extraction facility (demonstration plant) to its new site in Tonopah, Nevada. In another update, the company said market conditions have given its 100%-owned Angel Island lithium project in Esmeralda County, Nevada, due to the rise in global sulphur and sulphuric acid prices. Century Lithium's demonstration plant has been in operation at the company's Amargosa Valley facility for the past five years and has focused on producing battery-grade lithium carbonate while validating the integrated chlor-alkali process to be used for Angel Island. The company is proceeding with equipment transportation, construction of the new plant, and water pollution control permitting for the move to Tonopah and is targeting commission for 2H 2026. When the plant is completed, the company plans to conduct structured metallurgical testing per the recommendation of the <a href="https://www.stockwatch.com/News/Item/Z-C!LCE-3810282/C/LCE" target="_blank" rel="noopener">2026 feasibility study</a>, which showed that, ". . . the chlor-alkali process's structural insulation from these supply chain forces underpins strong project economics with an after-tax NPV (net present value) of US$4.01 billion and average operating costs of US$4,389 of lithium carbonate." Century Lithium will run full tests on claystone zones 1 and 2, focusing on deeper testing rather than surface testing, and evaluate improvements to leaching, direct lithium extraction (DLE), and lithium carbonate and hydroxide production. The Angel Island project is built around the company's patent-pending chlor-alkali process, in which ". . . hydrochloric acid (HCl) and sodium hydroxide (NaOH) are generated on site from sodium chloride (NaCl) and electricity. HCl leaches lithium from Angel Island claystone; NaOH provides pH control throughout leaching, filtration, and DLE. Both reagents are continuously regenerated as co-products of the electrolytic cells, closing the loop and eliminating reliance on external acid supply chains." The boon of this process is that it does not rely on sulphuric acid and produces co-sulphate byproducts. Century Lithium says that the primary inputs are NaCl and electricity, which are stable and widely available from domestic sources. In 2026, the global sulphur market has risen sharply in price, with China's spot sulphur price hitting US$950 per tonne — a 283% increase from January 2025. "In the United States, Tampa contract sulphur prices have surged from US$69 per long ton at the start of 2024 to a projected US$475 to US$520 per long ton under Q1 2026 contracts, an increase of approximately 600% in under two years. U.S. sulphuric acid prices have followed, rising from US$85 per tonne in early 2024 to US$146 per tonne by March 2026," <a href="https://www.stockwatch.com/News/Item/Z-C!LCE-3810282/C/LCE" target="_blank" rel="noopener">according to the company's press release</a>. Bill Willoughby, President and CEO of Century Lithium, said in the release: "During the last five years, Century Lithium developed an integrated process flow sheet that successfully produced battery-grade lithium carbonate from Angel Island claystone. The patent-pending process uses salt, rather than sulphur-derived reagents, which distinguishes Angel Island from spodumene and most sedimentary lithium projects globally. Moving the demonstration plant to Tonopah lets us show the operating benefits of our chlor-alkali process at a moment when sulphur demand and related reagent costs are rising. Our process was designed for its compatibility with our Angel Island lithium deposit and regionally obtainable resources. As pressures on international supply chains increase, that advantage becomes increasingly meaningful for our shareholders and future customers." Century Lithium Corp. is a Canadian lithium development company focused on its 100%-owned Angel Island project in Esmeralda County, Nevada. <h2 style="text-align: center;">Lithium Demand Expected to Grow</h2> In an April 1, 2026, <a href="https://www.azomining.com/Article.aspx?ArticleID=1938" target="_blank" rel="noopener">editorial feature for AZO Mining, Abdul Ahad Nazakat argued that the lithium market was at a crossroads</a>. Nazakat noted that the metal's mid-2025 price trough had given way to a spike in demand. This spike is largely attributed to Chinese manufacturers tightening overseas exports, as China produces around 50% of the world's lithium. Market demand is another key factor in pricing. Nazakat wrote: "After 26% demand growth in 2025, the lithium market is expected to see a more moderate pace in 2026. The automotive sector will remain the dominant end-use, accounting for around 60% of total lithium demand, but the share held by energy storage systems (ESS) has climbed from 9 % three years ago to an expected 18% in 2026." <a href="https://carboncredits.com/lithium-prices-climb-again-in-2026-sending-stocks-skyward-nili/" target="_blank" rel="noopener">Jennifer L of Carbon Credits reported</a> on March 23, 2026, that lithium's 2026 price surge is due to several factors, led by ". . . the growth in stationary energy storage systems has been rapid. In 2025, demand for lithium in storage applications jumped about 71%, and analysts expect another <a href="https://www.reuters.com/sustainability/climate-energy/energy-storage-boom-strengthens-demand-outlook-beaten-down-lithium-2026-01-04/" target="_blank" rel="noopener">55% growth in 2026</a>. As more utilities, data centers, and industrial players adopt battery storage, lithium demand continues to expand beyond just electric vehicles (EVs)." The article noted that prices may stay high due to supply constraints, saying, "Forecasts for 2026 suggest a shift from surplus to a potential <a href="https://katusaresearch.com/every-lithium-stock-just-woke-up-from-a-3-year-coma/" target="_blank" rel="noopener">supply deficit</a> of 22,000 to 80,000 metric tons, depending on how quickly new projects come online." <h2 style="text-align: center;">Experts Expect "Smooth Sailing" for Stock</h2> According to FactSet on March 19, 2026: <ul> <li>Alliance Global Partners analyst Jake Sekelsky gave Century Lithium a 'Buy' rating with a CA$1.25 target price.</li> <li>On April 23, 2026, Nobel Capital Markets analyst Mark Reichman gave the company a 'Buy' rating with a CA$4.17 target price.</li> </ul> On April 28, 2026, <a href="https://www.caesarsreport.com/reports/report-century-lithium-a-deeply-discounted-u-s-lithium-developer-with-a-proprietary-process-that-could-change-the-game/" target="_blank" rel="noopener">Caesar's Report wrote an article on the company</a>, saying, "From Y5 on, it will be smooth sailing with almost US$600M in net after-tax free cash flow (not our numbers, but the numbers in the official feasibility study, shown above). Which means this is exactly the type of project (with a manageable capex, low opex, and multi-decade mine life) that larger companies and offtake partners are looking for, to secure a reliable flow of lithium for decades to come." The report went on to say, "With a definitive feasibility study in hand and with a lithium carbonate price that continues to trade above US$20,000 per tonne (and trading above US$25,000/t as recent as last week), Angel Island is one of the most advanced lithium projects in North America." [OWNERSHIP_CHART-11596] <h2 style="text-align: center;">Near-Future Plans for Century Lithium</h2> The company is currently moving its Angel Island project through the permitting process, and its <a href="https://www.centurylithium.com/_resources/presentations/corporate-presentation.pdf?v=043003" target="_blank" rel="noopener">investor presentation</a> lists the following catalysts: <ul> <li>Continue to test Li2CO3 with domestic original equipment manufacturers (OEMs)</li> <li>Further evaluation of the economic potential for rare earth elements ("REE") recovery</li> <li>Plan of Operations to be completed and filed with the BLM</li> <li>Initiate the National Environmental Policy Act ("NEPA") permitting process</li> <li>Begin permitting process with the State of Nevada to work concurrently with the federal process.</li> <li>Pursue Financial Opportunities</li> <li>Continue to work with the U.S. Department of Energy’s (DoE) Loan Programs Office</li> <li>Department of Defense (DoD) grants</li> <li>Engagement of BMO to assist the Strategic Partnership</li> </ul> <h2 style="text-align: center;">Ownership & Share Information1</h2> Century Lithium Corp. has a market cap of CA$66.80 million, with 180.53 million shares outstanding. The company's 52-week range is CA$0.23-CA$0.75. Institutions own 0.11% of shares, while Management & Insiders own 3.67%. The remaining 96.22% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31093"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31093" width="0" height="0"> ( Companies Mentioned: LCE:TSXV;CYDVF:OTCQX, ) Tue, 28 Apr 2026 00:00:00 PST Energy Co. Delivers Massive Debt-Free Gulf Coast Turnaround https://www.streetwisereports.com/article/2026/04/29/energy-co-delivers-massive-debt-free-gulf-coast-turnaround.html Source: <a href="https://www.streetwisereports.com/article/2026/04/29/energy-co-delivers-massive-debt-free-gulf-coast-turnaround.html?utm_medium=feed">Streetwise Reports 04/28/2026</a> Southern Energy Corp. (SOU:TSX.V; SOUTF:OTCQX; SOUC:AIM) boosted sales 12%, retired bank debt, and positioned Mississippi-Louisiana assets for 233% upside.Southern Energy Corp. (SOU:TSX.V; SOUTF:OTCQX; SOUC:AIM) released its <a href="https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/southern-energy-corp.-announces-fourth-quarter-and-year-end-2025-financial-and-o-1161675" target="_blank" rel="noopener">Q4 and year-end 2025 financial and operating results</a>, as well as February 2026 financing news, on April 28, 2026. The company completed a financing and royalty transaction with arm's length investors on February 12, 2026. Southern Energy issued 2026 Debentures and common shares in the company capital, as well as granted a 6% overriding royalty on existing and future developed production. <a href="https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/southern-energy-corp.-announces-fourth-quarter-and-year-end-2025-financial-and-o-1161675" target="_blank" rel="noopener">The company said</a> that it "issued 17,000 CA$1,000 face value senior secured convertible debentures for gross proceeds of CA$17.0 million, 30.0 million new common shares at a price of CA$0.07 per common share for gross proceeds of CA$2.1 million, and received $CA5.0 million of proceeds from the sale of the gross overriding royalty. The February financing generated aggregate net proceeds of approximately CA$22.0 million, which were used in part to repay and retire the company's senior credit facility, with the remainder intended to fund development capital and general corporate purposes. The 2026 Debentures mature on December 31, 2028, and bear interest at 7% per annum." Due to this financing, Southern Energy was able to end Q1 2026 without senior bank debt. The company also reduced its annual cash interest burden from 15% to 7% and extended its maturities to December 21, 2028. In regard to year-end financing results, CEO and President of Southern Energy, Ian Atkinson, said, "2025 marked a year of resilience and progress for Southern, as we navigated a challenging commodity environment while continuing to strengthen our financial position and demonstrate the quality of our asset base. We delivered growth in revenues and funds flow, achieved a consistent premium to NYMEX pricing of approximately 12%, and reduced Net Debt through disciplined capital management. These results highlight the strategic advantage of our Gulf Coast positioning and our focus on operational execution." Q4 and 2025 year-end highlights include: <ul> <li>Petroleum and natural gas sales of CA$4.6 million during Q4 2025 and CA$18.0 million for the year ended December 31, 2025, an increase of 17% and 12% from the same periods in 2024, respectively</li> <li>Generated CA$0.7 million of Adjusted Funds Flow from Operations in Q4 2025 and generated CA$3.0 million for the year ended December 31, 2025 (CA$0.01 per share basic and diluted), reflecting improved realized pricing and cost discipline despite lower production</li> <li>Average production of 11,6002 Mcfe/d (1,933 boe/d) (93% natural gas) during Q4 2025 and 12,0393 Mcfe/d (2,007 boe/d) (96% natural gas) for the year ended December 31, 2025, a decrease of 14% and 21% from the same periods in 2024, respectively, primarily due to the voluntary shut-in of approximately 400 boe/d of production in May 2025 from the Mechanicsburg and Greens Creek Fields due to an ongoing transportation dispute with a third party pipeline operator</li> <li>Average realized natural gas and oil prices for Q4 2025 of CA$3.93/Mcf and CA$57.40/bbl, compared to CA$2.78/Mcf and CA$68.59/bbl in Q4 2024. Southern achieved an average premium of CA$0.41/Mcf (approximately 12% above the NYMEX HH benchmark) throughout 2025</li> <li>Net loss of CA$3.7 million (CA$0.01 per share basic and diluted) and CA$7.5 million (CA$0.03 per share basic and diluted) for the three and twelve months ended December 31, 2025, respectively</li> <li>Reduced net debt for the year ended December 31, 2025, by CA$4.1 million from December 31, 2024, prior to the transformational February financing that fully retired the higher cost credit facility</li> <li>On April 8, 2025, Southern closed an equity financing raising aggregate gross proceeds of CA$7.2 million through the issuance of a total of 102,482,673 units comprised of one common share and one common share purchase warrant</li> <li>On April 8, 2025, Southern converted the remaining convertible debentures in the amount of CA$3.1 million into 62,759,286 Units and issued 1,627,170 units for all accrued and unpaid interest</li> <li>In June 2025, Southern successfully completed the second of its four high-quality drilled uncompleted horizontal wells from the Q1 2023 drilling program: the GH Lower Selma Chalk 13-13 #2 wellbore. The operation was completed safely and under budget.</li> </ul> Year-end 2025 highlights include: <ul> <li>PDP reserves of 5.8 MMboe,</li> <li>Proved reserves ("1P") of 13.7 MMboe,</li> <li>Proved + Probable reserves ("2P") of 25.3 MMboe, and</li> <li>a PDP reserve life index of nine years and 38 years for 2P reserves based on the 2026 PDP production forecast.</li> </ul> The press release concludes by stating that the company is focused on its existing assets and disciplined capital deployment to increase funds for shareholders. The company claims that it "continues to benefit from its fixed-price natural gas swap covering 5,000 MMBtu/d at US$3.40/MMBtu through December 2026, providing meaningful downside protection. Supported by stronger regional pricing and an improved financial position, Southern is well positioned to execute a disciplined capital program focused on sustainable growth and long-term shareholder value." Southern Energy Corp. is a Canadian natural gas and oil company focused on assets in the southeast Gulf portion of the U.S., including Mississippi, Louisiana, and East Texas. <h2 style="text-align: center;">Oil Up Amid War</h2> The ongoing war between Iran and the U.S. has caused <a href="https://fortune.com/article/price-of-oil-04-29-2026/" target="_blank" rel="noopener">oil prices to skyrocket by over 50%</a> since this time last year. In a US$4.03 increase since yesterday, Brent prices are sitting at US$113.99 per barrel. There was some optimism for lower gas prices when President Trump and Iran entered into a ceasefire and said the Strait of Hormuz blockade would end earlier in April, but tensions seem to have remained high. On April 28, Trump met with top oil company officials to discuss steps to lower oil prices if the blockade continues. <a href="https://www.investing.com/news/commodities-news/trump-met-with-chevron-other-energy-companies-on-tuesday-4645152" target="_blank" rel="noopener">A White House official said</a>, "They discussed the steps President Trump has taken to alleviate global oil markets and steps we could take to continue the current blockade for months if needed and minimize impact on American consumers." Current attempts to alleviate financial pressure on American consumers at the gas pump include a 90-day waiver extension to the Jones Act so that foreign-flagged vessels can move oil and fertilizer between U.S. ports, the invocation of the Defense Production Act, and the U.S. government taking a loan of 172 million barrels of oil from the Strategic Petroleum Reserve. The loan is part of an agreement with the International Energy Agency to release 400 million barrels of oil. American citizens and market investors are all feeling the pressure of uncertain oil and gas prices, waiting for the war in the Middle East to reach an end. [OWNERSHIP_CHART-10795] <h2 style="text-align: center;">A Potential 233% ROI</h2> According to FactSet on March 3, 2026, Research Capital analyst Bill Newman gave Southern Energy Corp. a 'Buy' rating with a CA$0.25 target price. In an updated report on April 29, 2026, Newman updated his rating to a 'Speculative Buy' but kept the same price target, projecting a 233.3% return on investment, citing encouraging test results for the LSC development. <h2 style="text-align: center;">Plans and Disputes</h2> <a href="https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/southern-energy-corp.-announces-fourth-quarter-and-year-end-2025-financial-and-o-1161675" target="_blank" rel="noopener">Atkinson is optimistic about the company's year, saying</a> that, "With premium market exposure, a strengthened balance sheet and a clear development runway, Southern is entering 2026 with strong momentum and a focus on executing high-return opportunities to drive meaningful, long-term value for shareholders. . ." and "Looking forward, the outlook for natural gas continues to strengthen, underpinned by growing LNG export capacity, increasing power demand and the emerging impact of data center-driven energy consumption." Southern Energy has begun the regulatory, surface, and mineral land processes to permit the drilling of its first Cotton Valley test well in the Williamsburg Field. The company expects that this well will spud as early as June 2026. Due to regional natural gas prices, Southern Energy is monitoring the market before it completes the last Gwinville City Bank well because it will require a multi-stage hydraulic fracture stimulation prior to completion. In response to an ongoing transportation dispute, the company is working with the Federal Energy Regulatory Commission (FERC) to resolve the shutdown of approximately 400 boe/d production from the Mechanicsburg and Greens Creek fields. The FERC issued an order on April 26, 2026, ordering both disputing parties to enter settlement discussions before a settlement judge. If no resolution is reached, the matter may proceed to a hearing, with an expected outcome in 2H 2026. <h2 style="text-align: center;">Ownership & Share Information1</h2> Southern Energy Corp. has a market cap of CA$27.13 million, with 339.07 million shares outstanding. The company's 52-week range is CA$0.05-CA$0.12. Institutions own 7.64% of shares, while Strategic Investors own 14.85%. Management & Insiders hold 4.02% of shares, and the remaining 73.48% of shares are held by Retail. <a href="https://www.streetwisereports.com/get-news?utm_medium=feed"> Sign up for our FREE newsletter at: www.streetwisereports.com/get-news</a>Important Disclosures:<ol> <li>Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. </li> <li> This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. </li> </ol> For additional disclosures, please click <a href="https://www.streetwisereports.com/disclaimer/?utm_medium=feed#consulting">here.</a> 1. Ownership and Share Structure Information The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31082"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31082" width="0" height="0"> ( Companies Mentioned: SOU:TSX.V; SOUTF:OTCQX; SOUC:AIM, ) Tue, 28 Apr 2026 00:00:00 PST