The Energy Report - Exclusive Articles Full Text

The Energy Report - Exclusive Articles Full Text https://www.theenergyreport.com/ Featuring investment coverage of fossil, renewable and alternative energies. Copyright 2011, Streetwise, Inc. 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 Analyst Sees Over 100% Upside as Nine-Well Drilling Program and Icaco Exploration Well Advance https://www.streetwisereports.com/article/2026/04/29/analyst-sees-over-100-upside-as-nine-well-drilling-program-and-icaco-exploration-well-advance.html Source: <a href="https://www.streetwisereports.com/article/2026/04/29/analyst-sees-over-100-upside-as-nine-well-drilling-program-and-icaco-exploration-well-advance.html?utm_medium=feed">Stephen Foucaud 04/29/2026</a> Auctus Advisors reiterated a 0.45 price target on Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE), implying over 100% upside from the current share price. Read on to see why.On April 29, 2026, Stephane Foucaud of Auctus Advisors LLP reiterated a buy rating and £0.45 price target on Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE), implying approximately 105% upside from the April 29, 2026, closing price of £0.22, following the company's FY25 production results and update on its 2026 drilling program. Arrow reported FY25 average production of 4,012 boe/d, in line with expectations. The company plans to drill up to nine wells in 2026, four of which have already been completed, with FY26 capex set at US$24 million — consistent with Auctus's forecasts. Auctus forecasts FY26 production of approximately 4,800 boe/d. The M-HZ12 well at Mateguafa Attic is currently in the clean-up phase, with further details expected the following week. The rig has since moved to the Icaco prospect, described as a key exploration well. Auctus's unrisked NAV for Icaco stands at £0.13 per share, based on 3.7 million barrels of working interest prospective resources. Arrow has also identified multiple additional exploration prospects across the Tapir block. A new Competent Person's Report (CPR) is expected mid-year, incorporating recent drilling results and performance data from Mateguafa Attic. The FY27 drilling program will be shaped by the outcome of the Tapir license extension, which will determine the scale and pace of future activity. The company is additionally evaluating acquisition opportunities. Auctus's Core NAV stands at £0.35 per share, with a ReNAV of £0.47 per share, based on Brent crude assumptions of US$77.50/bbl for 2026, US$71.20/bbl for 2027, and US$70.00/bbl thereafter. The firm forecasts net cash of US$37 million at year-end 2026, rising to US$50 million at year-end 2027, and US$78 million at year-end 2028, assuming minimal capex from 2028 onward. Under a US$80/bbl scenario, net cash is estimated at US$57 million at YE27 and US$90 million at YE28. At US$90/bbl, those figures rise to US$66 million and US$103 million, respectively. At the current share price of £0.22, the stock trades at a significant discount to both Core NAV and ReNAV, and Auctus's £0.45 target implies approximately 105% upside. <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> 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> Disclosures for Auctus Advisors, Arrow Exploration, April 29, 2026 Copyright and Risk Warnings Arrow Exploration Corp. (“Arrow” or the “Company”) is a corporate client of Auctus Advisors LLP (“Auctus”). Auctus receives, and has received in the past 12 months, compensation for providing corporate broking and/or investment banking services to the Company, including the publication and dissemination of marketing material from time to time. MiFID II Disclosures This document, being paid for by a corporate issuer, is believed by Auctus to be an ‘acceptable minor non-monetary benefit’ as set out in Article 12 (3) of the Commission Delegated Act C(2016) 2031 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. It is produced solely in support of our corporate broking and corporate finance business. Auctus does not offer a secondary execution service in the UK. This note is a marketing communication and NOT independent research. As such, it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and this note is NOT subject to the prohibition on dealing ahead of the dissemination of investment research. Author The research analyst who prepared this research report was Stephane Foucaud, a partner of Auctus. Not an offer to buy or sell Under no circumstances is this note to be construed to be an offer to buy or sell or deal in any security and/or derivative instruments. It is not an initiation or an inducement to engage in investment activity under section 21 of the Financial Services and Markets Act 2000. Note prepared in good faith and in reliance on publicly available information Comments made in this note have been arrived at in good faith and are based, at least in part, on current public information that Auctus considers reliable, but which it does not represent to be accurate or complete, and it should not be relied on as such. The information, opinions, forecasts and estimates contained in this document are current as of the date of this document and are subject to change without prior notification. No representation or warranty either actual or implied is made as to the accuracy, precision, completeness or correctness of the statements, opinions and judgements contained in this document. Auctus’ and related interests The persons who produced this note may be partners, employees and/or associates of Auctus. Auctus and/or its employees and/or partners and associates may or may not hold shares, warrants, options, other derivative instruments or other financial interests in the Company and reserve the right to acquire, hold or dispose of such positions in the future and without prior notification to the Company or any other person. Information purposes only This document is intended to be for background information purposes only and should be treated as such. This note is furnished on the basis and understanding that Auctus is under no responsibility or liability whatsoever in respect thereof, whether to the Company or any other person. Investment Risk Warning The value of any potential investment made in relation to companies mentioned in this document may rise or fall and sums realised may be less than those originally invested. Any reference to past performance should not be construed as being a guide to future performance. Investment in small companies, and especially upstream oil & gas companies, carries a high degree of risk and investment in the companies or commodities mentioned in this document may be affected by related currency variations. Changes in the pricing of related currencies and or commodities mentioned in this document may have an adverse effect on the value, price or income of the investment. Distribution This document is directed at persons having professional experience in matters relating to investments to whom Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("FPO") applies, or high net worth organisations to whom Article 49 of the FPO applies. The investment or investment activity to which this communication relates is available only to such persons and other persons to whom this communication may lawfully be made (“relevant persons”) and will be engaged in only with such persons. This Document must not be acted upon or relied upon by persons who are not relevant persons. Without limiting the foregoing, this note may not be distributed to any persons (or groups of persons), to whom such distribution would contravene the UK Financial Services and Markets Act 2000 or would constitute a contravention of the corresponding statute or statutory instrument in any other jurisdiction. Disclaimer This note has been forwarded to you solely for information purposes only and should not be considered as an offer or solicitation of an offer to sell, buy or subscribe to any securities or any derivative instrument or any other rights pertaining thereto (“financial instruments”). This note is intended for use by professional and business investors only. This note may not be reproduced without the prior written consent of Auctus. The information and opinions expressed in this note have been compiled from sources believed to be reliable but, neither Auctus, nor any of its partners, officers, or employees accept liability from any loss arising from the use hereof or makes any representations as to its accuracy and completeness. Any opinions, forecasts or estimates herein constitute a judgement as at the date of this note. There can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance. This information is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the company and its subsidiaries. Auctus is not agreeing to nor is it required to update the opinions, forecasts or estimates contained herein. The value of any securities or financial instruments mentioned in this note can fall as well as rise. Foreign currency denominated securities and financial instruments are subject to fluctuations in exchange rates that may have a positive or adverse effect on the value, price or income of such securities or financial instruments. Certain transactions, including those involving futures, options and other derivative instruments, can give rise to substantial risk and are not suitable for all investors. This note does not have regard to the specific instrument objectives, financial situation and the particular needs of any specific person who may receive this note. Auctus (or its partners, officers or employees) may, to the extent permitted by law, own or have a position in the securities or financial instruments (including derivative instruments or any other rights pertaining thereto) of the Company or any related or other company referred to herein, and may add to or dispose of any such position or may make a market or act as principle in any transaction in such securities or financial instruments. Partners of Auctus may also be directors of the Company or any other of the companies mentioned in this note. Auctus may, from time to time, provide or solicit investment banking or other financial services to, for or from the Company or any other company referred to herein. Auctus (or its partners, officers or employees) may, to the extent permitted by law, act upon or use the information or opinions presented herein, or research or analysis on which they are based prior to the material being published. Further Disclosures for the United Kingdom This note has been issued by Auctus Advisors LLP, which is authorised and regulated by the Financial Conduct Authority. This note is not intended for use by, or distribution to, US corporations that do not meet the definition of a major US institutional investor in the United States or for use by any citizen or resident of the United States. This publication is confidential and may not be reproduced in whole or in part or disclosed to another party, without the prior written consent of Auctus. Securities referred to in this note may not be eligible for sale in those jurisdictions where Auctus is not authorised or permitted by local law to do so. In particular, Auctus does not permit the distribution or redistribution of this note to non-professional investors or other persons to whom disclosure would contravene local securities laws. Auctus expressly disclaims and will not be held responsible in any way, for third parties who affect such redistribution. © Auctus Advisors LLP All rights reserved 2026<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31080"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31080" width="0" height="0"> ( Companies Mentioned: AXL:TSX.V; AXL:LSE, ) Wed, 29 Apr 2026 00:00:00 PST Uranium Co. Has Energy Solution for a World in Turmoil https://www.streetwisereports.com/article/2026/04/29/uranium-co-has-energy-solution-for-a-world-in-turmoil.html Source: <a href="https://www.streetwisereports.com/article/2026/04/29/uranium-co-has-energy-solution-for-a-world-in-turmoil.html?utm_medium=feed">Bob Moriarty 04/30/2026</a> Bob Moriarty of 321gold.com examines U92 Energy Corp. (UTWO: TSX.V) as it has made a deal on an advanced exploration-stage uranium project in Guyana.I was contacted a few days ago by a company perfectly positioned to benefit from the stupidity in the Middle East. The company is U92 Energy Corp. (UTWO: TSX.V). While I wasn't familiar with their Chairman and CEO, Adam Clode, I am quite familiar with other members of their board and management. It's a new company only trading since February. U92 has done a deal on an advanced exploration-stage uranium project in Guyana on the north coast of South America called the Kurupung property. The details of the transaction are not on the website and the company is too young for a current and complete MDA. In any case, Kurupung has an historic 43-101 resource of just over 20 million pounds of U3O8 with a grade of about 0.0700%. Adam Clode, the CEO, set up a conference call with me. He introduced himself and spent five minutes telling me the companies he started, put into production, and advanced over his career. My response was to ask him, "So basically you are telling me you can't hold a job for long?" He laughed. So, did I. It was very funny. But he really did have an impressive CV. The board and management are the same. Ross McElroy is a non-Executive director. He led Fission Uranium Corp into a CA$1.14 billion buyout in 2024 from Paladin Energy. He is joined as a non-Executive Director by Ambassador <a href="https://en.wikipedia.org/wiki/Otto_Reich" target="_blank" rel="noopener">Otto Reich</a>, former U.S. ambassador to Venezuela. Jon Wiesblatt is also a non-Executive Director. He runs Trident Resources Corp. (ROCK:TSXV; TRDTF:OTCMKTS) as CEO. That happens to be one of my favorite companies. And Doctor Richard Spencer is a long-time friend. He was the President of U3O8, who did all of the original work, including 88,000 meters of drill core from 129,000 meters of drilling on the Kurupung uranium project. The story is simple. The world needs an alternative, a Plan B as it were, for the Strait of Hormuz. While I believe Oman and Iran will continue to control the Strait of Hormuz, the war has demonstrated the need for alternatives. U92 has one. The company is cheap only because it is brand new. Their peers get US$1.83 a pound for U3O8 while U92 trails the pack at US$0.52 a pound. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642955621_1.jpg" alt="" width="1000" height="574" /> In comparison to their peers again in terms of grade, U92 stands out with about 15.5 pounds of U3O8 per tonne, and the price is about US$100 per pound. Comparable juniors show an open-pit average grade of 43-101 resource of about 0.048% per tonne, while U92 shows a historic resource grade of 0.070%. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642955727_2.jpg" alt="" width="1000" height="577" /> Mineralization extends in all directions. U92 begins a 5,000-meter drill program in May and will be releasing results through October. Based on the historic discovery costs, U92 management believes they can expand the resource to 50 million pounds for a cost of about CA$13 million, with the cost per pound of discovery at about US$0.31 a pound. In addition, management plans to have an updated current 43-101 in Q4 of 2026. U92 is an advertiser. I did not have the opportunity to participate in the last private placement. I have gone into the open market and picked up a magnificent position of 2,000 shares, but would like a few more. I am biased, so do your own due diligence. <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>Bob Moriarty: I, or members of my immediate household or family, own securities of: U92 Energy Corp. and Trident Resources. My company has a financial relationship with: U92 Energy Corp. and Trident Resources. 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><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31079"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31079" width="0" height="0"> ( Companies Mentioned: UTWO: TSX.V, ) Thu, 30 Apr 2026 00:00:00 PST Tungsten's Wake-Up Call https://www.streetwisereports.com/article/2026/04/27/tungstens-wake-up-call.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/tungstens-wake-up-call.html?utm_medium=feed">Brian Hicks 04/27/2026</a> Brian Hicks of Wealth Daily outlines what he believes to be the current tungsten crisis in the U.S., and shares his thoughts on one American tungsten stock.In Part 1 of my report on the unfolding tungsten crisis in the U.S., I told you the story of a metal that refused to reveal itself… A metal hidden in stone for centuries… dismissed as useless… until it became the backbone of modern civilization. Now let me show you what happens next. Because today… That same metal — tungsten — is at the center of a crisis that very few investors understand… And even fewer are positioned for. <h2 style="text-align: center;">The Crisis Nobody Wants to Talk About</h2> Right now, the United States has a dangerous problem. We do not have a reliable domestic supply of tungsten. Let me repeat that. One of the most critical metals for modern industry and military power… A metal essential for weapons, aerospace, electronics, and infrastructure… Is largely imported from other nations. And where is the majority of that supply? China. At a time when geopolitical tensions are rising… global supply chains are fragmenting… and resource nationalism is accelerating… America is dependent on a foreign power for a metal it cannot replace. That's not just an inconvenience. That's a strategic and national security vulnerability. <h2 style="text-align: center;">Why Tungsten Matters More Than Ever</h2> Tungsten is not just another industrial metal. It is: <ul> <li>The backbone of armor-piercing systems</li> <li>A critical component in missile and defense technologies</li> <li>Essential for high-temperature aerospace applications</li> <li>Embedded in nearly every advanced manufacturing process</li> </ul> And here's the key… There are no easy substitutes. That's what makes tungsten different from copper… from aluminum… even from lithium. When tungsten supply tightens… You don't switch materials. You pay higher prices. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">Why Tungsten Is About to Have Its 'Antimony Moment'</h2> We've already seen this movie before. Just recently, antimony — a metal most investors had never heard of — went on an explosive run as supply constraints collided with rising demand. One particular antimony stock — <a href="https://www.streetwisereports.com/pub/co/10820?utm_medium=feed" target="_blank" rel="noopener">Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ)</a> — went on one of the most explosive rallies ever seen in the stock market. Perpetua is mining antimony in Idaho. Idaho has quickly become one of the hottest mineral mining districts on the planet. Remember this. In fact, here's what Perpetua has done in the last several years: <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642865459_1.png" alt="" width="1000" height="539" /> Now look at tungsten. You have the exact same setup: <ul> <li>Supply is dominated by one country</li> <li>Growing military demand</li> <li>Rising industrial usage</li> <li>Limited new production coming online</li> </ul> And we're already seeing the early signals. Take Almonty Industries Inc. (AII:TSX; ALM:NASDAQ; ALL:ASX; ALI:Frankfurt)… One of the world's largest non-Chinese tungsten producers. It's expanding aggressively into the U.S., acquiring advanced tungsten projects and positioning for near-term production — explicitly to meet Western demand. Now look at tungsten. You have the exact same setup: <ul> <li>Supply is dominated by one country</li> <li>Growing military demand</li> <li>Rising industrial usage</li> <li>Limited new production coming online</li> </ul> And we're already seeing the early signals. Take Almonty Industries… One of the world's largest non-Chinese tungsten producers. It's expanding aggressively into the U.S., acquiring advanced tungsten projects and positioning for near-term production — explicitly to meet Western demand. <img class="center_enlarge" src="https://www.theaureport.com/images/auto_up/202642865546_2.png" alt="" width="1000" height="542" /> That's not speculation. That's smart money moving early. And it's one of the reasons Almonty is trading at or near record highs.But Here's Where It Gets Interesting… When a major player like Almonty starts moving… That's usually the signal. Not to chase the large-cap leader… But to go one layer deeper. Because that's where the real upside is. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">Enter: American Tungsten Corp.</h2> This is where the story shifts from macro… To opportunity. American Tungsten Corp. (TUNG:CSE; TUNGF:OTCQB; RK9:FSE) is not a giant. It's a small, under-the-radar company doing something very specific… And very important. It is working to bring domestic tungsten production back to the United States. I believe American Tungsten is about to go on a Perpetua- and Almonty-type rally that could push its stock up 1,000%. Today, American Tungsten's stock trades for just about $2 a share. But it could see $20 easily. Here's why… <h2 style="text-align: center;">The Idaho Project That Could Change Everything</h2> At the center of this story is the IMA Mine Project in Idaho. This isn't a conceptual exploration play. This is a past-producing tungsten mine — with real history, real infrastructure, and real data behind it: <ul> <li>It's located on patented land in Idaho.</li> <li>It previously produced about 199,000 MTUs of tungsten.</li> <li>It's backed by decades of exploration and development work.</li> <li>It's positioned for a potential restart.</li> </ul> This is critical. Because in mining, the biggest risk is often: Is there actually something in the ground? At IMA… We already know the answer. <h2 style="text-align: center;">What They're Doing Right Now</h2> American Tungsten isn't sitting still. They are actively advancing the project toward production: <ul> <li>Ongoing drilling is expanding known mineralization zones.</li> <li>Recent results show strong tungsten-silver intercepts across multiple veins.</li> <li>Tailings reprocessing is being evaluated as a near-term value unlock.</li> </ul> This is a multi-path development strategy: <ol start="1"> <li>Restart historical production.</li> <li>Expand the resource base.</li> <li>Unlock additional value from existing material.</li> </ol> <h2 style="text-align: center;">Why This Matters More Than You Think</h2> Here's the big picture… American Tungsten isn't just developing a mine. It's positioning itself as part of a national solution. Because if successful… The IMA Mine could help supply a meaningful portion of U.S. tungsten demand — potentially up to around 8%, according to analysts. Think about that. One project. Helping reduce dependence on foreign supply. That's the kind of asset that doesn't just attract investors… It attracts attention from governments, defense contractors, and strategic partners. <h2 style="text-align: center;" data-olk-copy-source="MessageBody">The Setup Is Almost Identical to Past Winners</h2> Let's connect the dots. Before the shale boom… U.S. energy independence looked impossible. Before the uranium rally… Nuclear fuel shortages were ignored. Before antimony surged… No one cared about supply concentration. And now? We're seeing the same setup with tungsten. <ul> <li>A critical metal</li> <li>A constrained supply chain</li> <li>A geopolitical catalyst</li> <li>And a domestic production gap</li> </ul> <h2 style="text-align: center;">Why We're Buying TUNGF Here</h2> This is not about chasing momentum. This is about positioning early. American Tungsten offers: <ul> <li>A strategic U.S.-based asset</li> <li>A past-producing mine (lower development risk)</li> <li>Ongoing drilling success and expansion</li> <li>Exposure to a metal entering a structural supply crunch</li> </ul> And most importantly… It's still early enough that the broader market hasn't fully caught on. <h2 style="text-align: center;">The Bottom Line</h2> Tungsten is no longer just a "boring industrial metal." It is becoming: <ul> <li>A strategic asset</li> <li>A national security priority</li> <li>And potentially… one of the next major commodity breakouts</li> </ul> And the companies positioned to supply it domestically? They won't stay small forever. Because in the end… This isn't just about tungsten. It's about something much bigger. It's about the realization that the world is running on resources… And the countries — and investors — who secure them first will win. Action to Take: We are initiating a position in American Tungsten at current levels. Because this is exactly the kind of early-stage, under-the-radar opportunity… That turns into a major winner when the world finally catches up to the story. Get to the good, green grass first… <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, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Perpetua Resources Corp. and American Tungsten Corp. </li> <li>Brian Hicks: I, or members of my immediate household or family, own securities of: American Tungsten. 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><img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31069"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31069" width="0" height="0"> ( Companies Mentioned: TUNG:CSE; TUNGF:OTCQB; RK9:FSE, ) Mon, 27 Apr 2026 00:00:00 PST Lithium Project Locks In Partners, Targets 146,000 Tonne Output at Low Costs https://www.streetwisereports.com/article/2026/04/28/lithium-project-locks-in-partners-targets-146-000-tonne-output-at-low-costs.html Source: <a href="https://www.streetwisereports.com/article/2026/04/28/lithium-project-locks-in-partners-targets-146-000-tonne-output-at-low-costs.html?utm_medium=feed">Streetwise Reports 04/29/2026</a> Atlas Lithium Corp. (ATLX:NASDAQ) engaged key engineering and construction partners for its Neves Project, with contracts awarded at or below feasibility study budget projections.<a href="https://www.streetwisereports.com/pub/co/11040?utm_medium=feed" target="_blank" rel="noopener">Atlas Lithium Corp. (ATLX:NASDAQ)</a> announced <a href="https://www.atlas-lithium.com/news/atlas-lithium-contracts-key-project-execution-partners-to-drive-its-neves-project-toward-production/" target="_blank" rel="noopener">the engagement of key operational partners for the implementation of its 100%-owned Neves Project.</a> The company stated that several qualified firms participated in a competitive selection process led by its technical team, with contracts awarded based on technical experience, proven performance, quality, and cost efficiency. According to the company, each awarded contract was finalized at or below the budget projections outlined in its Definitive Feasibility Study. As detailed in the Definitive Feasibility Study, the Neves Project is expected to produce approximately 146,000 tonnes of lithium concentrate per year at an estimated operating cost of $489 per tonne at the mine gate. The company noted that lithium concentrate has recently traded at approximately US$2,000 per tonne. <a href="https://www.atlas-lithium.com/news/atlas-lithium-contracts-key-project-execution-partners-to-drive-its-neves-project-toward-production/" target="_blank" rel="noopener">Atlas Lithium stated that the selected companies were chosen through a vetting process emphasizing technical alignment,</a> execution capability, and adherence to quality and schedule standards. The company added that each partner brings experience in Brazil's mining sector. Promon Engenharia was selected to complete multiple detailed engineering components for the Neves Project. TSX Engineering was appointed to oversee and manage project implementation, including capital expenditure and cost management, project planning and controls, and risk management. Cerne Construções was engaged under an Engineering, Procurement, and Construction contract for the design and construction of administrative and operational facilities. RETC Infraestrutura was selected to carry out earthworks and civil construction activities. The company stated that its technical team is advancing the selection of additional operational partners for the remaining project scopes, with the goal of achieving full readiness in the coming weeks. <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:691180a7-7317-4c6f-a88a-458134a63cf2-35" data-testid="conversation-turn-10" 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="a2c53162-ff2e-4f89-96d3-a78f0daa7276" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <h2 style="text-align: center;" data-start="0" data-end="61">Lithium Sector Shows Tightening Supply and Demand Drivers</h2> <a href="https://www.investing.com/news/stock-market-news/lithium-bulls-set-to-gatecrash-chiles-copper-party-4607670" target="_blank" rel="noopener">According to an April 10 Reuters report, lithium market conditions had strengthened following a period of weaker pricing,</a> with the publication noting that "lithium prices have rebounded to more than two-year highs as concerns over oil supplies from the war-hit Middle East spur fresh interest in the metal used in batteries for electric vehicles." The report also stated that supply conditions were tightening, citing "the closure of a key mine in China, an export ban in Zimbabwe, and dwindling lithium carbonate stocks." Reuters further highlighted expanding industry activity, reporting that "the number of active mining operations globally doubled over the past four years to reach close to 80 mines," based on data from CRU. Demand trends were also noted, with CRU's head of lithium and battery materials stating that "demand for lithium in stationary batteries continues to grow, helping to offset weakness in the EV market," and adding that "lithium will remain the most competitive technology for its energy density for many years to come." <a href="https://stockhead.com.au/resources/argonaut-algorithm-why-david-franklyn-sees-lithium-as-a-long-term-play-after-the-iran-war/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-04-16-2026&utm_content=httpsstockheadcomauresourcesargonautalgorithmwhydavidfranklynseeslithiumasalongtermplayaftertheiranwar&utm_medium=email&utm_campaign=AM%20NL%20Apr%2017&utm_content=AM%20NL%20Apr%2017+CID_4228f40ac99d060abd0eb71fbc3830fe&utm_source=Campaign%20Monitor&utm_term=Argonaut%20Algorithm%20Why%20David%20Franklyn%20sees%20lithium%20as%20a%20long-term%20play%20after%20the%20Iran%20War" target="_blank" rel="noopener">Later in the month, an April 17 report from Stockhead provided additional context on demand dynamics tied to global energy markets.</a> Argonaut Funds Management's David Franklyn stated that "it's hard to go past what's happening in the Middle East and what that means, and I think what we see as one of the big winning commodities out of this process is lithium." He explained that rising fuel costs were influencing consumer preferences, noting that "diesel prices and fuel prices are increasing… and I think that's pushing people back to EVs." Franklyn also addressed pricing and cost trends, stating that lithium prices had "come off all-time highs" before rebounding, with spodumene concentrate trading at approximately US$2200 per tonne. He said that "lithium prices have also come off — notwithstanding, they've bounced off their bottom," while adding that manufacturers had adjusted vehicle costs, contributing to improved competitiveness. He further noted that "there's a greater recognition now that EVs, their prices have come down," and described lithium exposure as "more appealing as people are looking through and saying ‘do we want to be exposed to … diesel or petrol prices'." He concluded that "we think lithium structurally is a winner." <a href="https://stockhead.com.au/news/closing-bell-goldies-and-lithium-ies-resist-but-asx-cops-another-loss/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-04-27-2026&utm_content=httpsstockheadcomaunewsclosingbellgoldiesandlithiumiesresistbutasxcopsanotherloss&utm_medium=email&utm_campaign=CB%20NL%20Apr%2027&utm_content=CB%20NL%20Apr%2027+CID_aa00b922abd92ba4a0902e4bfd3c954b&utm_source=Campaign%20Monitor&utm_term=Closing%20Bell%20Goldies%20and%20lithium%20stocks%20resist%20but%20ASX%20cops%20another%20loss" target="_blank" rel="noopener">More recently, an April 27 market update from Stockhead reflected near-term trading conditions,</a> stating that "lithium stocks resist" despite broader market declines. The report added that lithium equities "featured prominently, riding a lift in Chinese futures (up 3.1% to 183,280 yuan a tonne, a 56% increase since January)," while noting that "gains remain narrow," indicating uneven participation across the sector. </div> </div> </div> </div> <div class="z-0 flex min-h-[46px] justify-start"> </div> </div> </div> </section> <h2 style="text-align: center;" data-start="0" data-end="76">Analyst Raises Price Target, Cites Capital Position and Project Progress</h2> <a href="https://www.streetwisereports.com/article/2026/03/17/lithium-co-s-low-cost-profile-and-mitsui-offtake-agreement-drive-m-a-interest.html?utm_medium=feed" target="_blank" rel="noopener">On March 17, H.C. Wainwright & Co. analyst Heiko F. Ihle, CFA, maintained a Buy rating on Atlas Lithium and raised his price target to US$12.50 from US$12.00.</a> Ihle attributed the increase to ongoing risk reduction at the Neves Project and the company's cost structure. Ihle identified 2026 as a key year for Atlas Lithium, noting that the company is focused on initiating Phase 1 production at Neves. This phase includes the construction of a 150,000 tonne-per-year modular Dense Media Separation plant. He stated that the company is moving from procurement into plant assembly and is working to expand its permits following a technical report issued in August 2025. The analyst also stated that Atlas Lithium appears well-capitalized to achieve commercial production in the near future, citing a significant cash reserve and manageable debt levels. He further noted that the company could be considered a potential merger and acquisition target due to its projected operating costs and location in Brazil's Lithium Valley. Ihle's updated price target of US$12.50 was based on an increased net asset value multiple and a valuation model that incorporates comparisons and financial projections. He also referenced the company's strategic partnerships and off-take agreements as indicators of continued industry interest. He noted risks including commodity price fluctuations, technical challenges related to resource definition, and construction costs, which could affect project progress and financial outcomes. <h2 style="text-align: center;" data-start="1868" data-end="1918">Project Development and Operational Milestones</h2> <a href="https://www.atlas-lithium.com/wp-content/uploads/2026/04/Atlas-Lithium-Brief-Corporate-Overview-April-2026.pdf" target="_blank" rel="noopener">According to the company's April 2026 Investor Presentation,</a> the Neves Project includes a defined development sequence beginning with a final investment decision, followed by a pre-construction phase that includes engineering and early works. Procurement activities are scheduled alongside early-stage development, followed by construction activities that include earthworks and civil works. The development plan also includes electromechanical assembly, construction of main offices, and auxiliary structures. Pre-stripping activities are outlined as part of the mining preparation phase, followed by commissioning. The timeline concludes with commercial production. [OWNERSHIP_CHART-11040] The presentation also outlines that the Neves Project integrates multiple mining pits, including Anitta 2, Anitta 3, and Anitta 2.5, positioned within 1.5 kilometers of each other. The project incorporates an integrated waste management strategy with three designated waste pile locations. In addition to the Neves Project, the company outlined expansion activities at its 100%-owned Salinas Project, located adjacent to the Pilbara Minerals’ Colinas Project, and identified an additional expansion target at the Clear Project. The company stated that the Clear Project has demonstrated initial geological exploration data and is located near an existing producing mine. The company also reported that initial drill holes at the Salinas Project showed positive results for near-surface mineralization based on UV testing and geochemistry. The presentation also noted that Atlas Lithium holds 557 square kilometers of lithium mineral rights in Brazil's Lithium Valley and is advancing exploration activities, including mapping pegmatite outcrops, collecting soil samples, and conducting trenching programs. Advanced geophysical surveys, including LiDAR and drone magnetic and radiometric surveys, have been conducted to identify additional exploration targets. The company also reported that initial drill holes at the Salinas Project showed positive results for near-surface mineralization based on UV testing and geochemistry. <h2 style="text-align: center;">Ownership and Share Structure1</h2> As for ownership and share structure, management owns approximately 26% of Atlas Lithium common shares. Strategic partner Mitsui & Co. Ltd. has 7%. Numerous institutions hold 20%. Retail investors own the rest. Atlas Lithium has 28.6 million shares outstanding. Its market cap is ~US$130 million. Its 52-week range is US$3.54–8.25 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>Atlas Lithium 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, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Atlas Lithium Corp.</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.<img src="https://www.google-analytics.com/collect?v=1&tid=UA-2133444-8&cid=555&t=event&ec=newsfeed&ea=open&dp=31065"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31065" width="0" height="0"> ( Companies Mentioned: ATLX:NASDAQ, ) Wed, 29 Apr 2026 00:00:00 PST Uranium Explorer Advances High-Grade 20.6M Pound Resource in Guyana https://www.streetwisereports.com/article/2026/04/27/uranium-explorer-advances-high-grade-20-6m-pound-resource-in-guyana.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/uranium-explorer-advances-high-grade-20-6m-pound-resource-in-guyana.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> U92 Energy Corp. (UTWO: TSX.V) updates on exploration at its Kurupung Project in Guyana. Find out why uranium is getting a lot of attention right now.U92 Energy Corp. (UTWO: TSX.V) announced an update on ongoing phase one drilling and technical advancement at its flagship Kurupung Project in Guyana, <a href="https://www.stockwatch.com/News/Item/Z-C!UTWO-3811455/C/UTWO" target="_blank" rel="noopener">according to an April 27 release</a>. This update follows the company's engagement with Orbit Garant (TSX: OGD) to undertake a 5,000-meter diamond drilling program, marking the first phase of drilling at this site. U92 aims to expand upon its historical mineral resource estimate (MRE), which includes 10.6 million pounds of indicated uranium at a grade of 0.072% U₃O₈ and 10 million pounds inferred at a grade of 0.067% U₃O₈. The project spans a 92 square kilometer area under the company's two Exploration Licenses. Currently, the diamond drill rig provided by Orbit Garant is in Guyana and is expected to be moved to the project site shortly to begin drilling on high-priority targets, the company said. U92 has also submitted the necessary environmental applications for preparing the drill pads and is actively working on setting up the camp infrastructure, including a fuel storage facility that meets regulatory standards. Additionally, essential machinery has been acquired to enhance access roads and construct the drill pads. "We are making strong, coordinated progress across site development and drill mobilization as we advance towards our first holes in the current drilling campaign at Kurupung," U92 Chief Executive Officer Adam Clodew said. "We are very excited about our upcoming drill program as we build on the company's historical MRE, with the objective of incorporating the phase one drilling into a pit-constrained, updated mineral resource estimate in the second half of 2026. Our focus is on ensuring that all elements of the program, from target definition to operational readiness, are in place to support efficient execution once drill mobilization is complete, with the objective of delivering meaningful results and building long-term value for shareholders." In addition to the physical preparations at the site, U92 said it is also enhancing its technical understanding of the Kurupung project. The company's technical team, in collaboration with Watts, Griffis & McOuat (WGM), is reinterpreting historical drilling data, geological maps, and geophysical datasets from the area. This effort builds on over 129,000 meters of historical drilling and a substantial database from various deposits and target zones within the licenses. Notably, more than 14,000 meters of historical drilling, not included in the historical MRE, revealed high-grade uranium across significant widths. The team is refining the geological model, focusing particularly on structurally controlled zones known for uranium deposits and underexplored areas that have shown significant mineralization in past drilling efforts. <h2 style="text-align: center;">Emerging Destination for Mining Investments</h2> Guyana has emerged as a premier destination for mining investments, as highlighted by significant transactions such as <a href="https://www.investing.com/news/company-news/g-mining-to-acquire-g2-goldfields-for-c3-billion-93CH-4604957" target="_blank" rel="noopener">G Mining Ventures' recent acquisition of G2 Goldfields for CA$3 billion</a>. U92, a Canadian exploration company listed on the TSX Venture Exchange, is at the forefront of uranium exploration in Guyana with its advanced-stage Kurupung Project. This project has seen extensive drilling, totaling over 129,723 meters, and hosts historical mineral resources including an Indicated resource of 10.6 million pounds and an Inferred resource of 10 million pounds of uranium, using a cut-off grade of 0.03% U₃O₈. These resources are distributed across four deposits with potential for expansion along strike and down plunge, the company said. Additionally, there are eight other targets where previous drilling intersected significant uranium grades, which require further exploration to potentially enhance the project's resource estimates. The historical resource estimates at the Kurupung Project were derived from technical reports in 2009 and 2012 that utilized an inverse distance squared method and were based on a uranium price of US$55 per pound, with a cut-off grade of 0.05% U₃O₈. It's important to note that these historical estimates have not been updated to current mineral resources and should not be relied upon as such, U92 said in the release. The estimates were made using data from vertical cross-sections and grade correlations, supported by detailed level plans to create a comprehensive 3D geological and block model. <h2 style="text-align: center;">Expert: The World Needs a 'Plan B'</h2> <a href="http://www.321gold.com/editorials/moriarty/moriarty042726.html" target="_blank" rel="noopener">Writing April 27 for 321Gold.com,</a> Bob Moriarty said he was contacted recently by the company, which stands to gain from the ongoing turmoil in the Middle East, he said. UTWO is a newcomer to the market, having only begun trading in February, he noted. The company has engaged in a significant venture involving an advanced-stage uranium exploration project located at the Kurupung property in Guyana, on the north coast of South America. Although the company is relatively new, it boasts a historic 43-101 resource estimate of just over 20 million pounds of U₃O₈ with a notable grade of approximately 0.07%. "Adam Clode, the CEO, set up a conference call with me. He introduced himself and spent five minutes telling me the companies he started, put into production, and advanced over his career," Moriarty said. "My response was to ask him, 'So basically you are telling me you can’t hold a job for long?' He laughed. So, did I. It was very funny. But he really did have an impressive CV." The story is simple, Moriarty noted. "The world needs an alternative, a Plan B as it were, for the Strait of Hormuz," he said. "While I believe Oman and Iran will continue to control the Strait of Hormuz, the war has demonstrated the need for alternatives. U92 has one. The company is cheap only because it is brand new." Despite its infancy, U92's market valuation is modest, trading at CA$0.52 per pound of U₃O₈, compared to its peers, which average CA$1.83 per pound. U92 is set to commence a 5,000-meter drilling program in May, with results expected to be released progressively through October. Plans are also in place to update its 43-101 report by the fourth quarter of 2026, he said. "I did not have the opportunity to participate in the last private placement," Moriarty wrote. "I have gone into the open market and picked up a magnificent position of 2,000 shares, but would like a few more. I am biased, so do your own due diligence." <h2 style="text-align: center;">The Catalyst: The 'Largest Oil Price Shock in History'</h2> In the wake of what the International Energy Agency chief Fatih Birol described as the "largest oil price shock in history," nations are urgently seeking to diversify their energy sources, <a href="https://intellectia.ai/news/stock/surge-in-nuclear-energy-investment-amid-oil-price-shock" target="_blank" rel="noopener">wrote Emily J. Thompson for Intellectia on April 27</a>. This shift is largely driven by recent global events, including the Iran war, which has significantly impacted traditional energy supplies. South Korea, for instance, has turned its focus towards nuclear power as a strategic response to these supply crises, aiming to stabilize its energy resources through diversification. The uranium market is currently experiencing a structural shortage, primarily due to long-term underinvestment, Thompson reported. Kazakhstan's Kazatomprom leads global uranium production, contributing 21% to the total output in 2024, followed by its competitor Cameco Corp. (CCO:TSX; CCJ:NYSE), which accounted for 17%. This ongoing supply deficit has led to a consistent rise in demand over supply, subsequently boosting Kazatomprom's stock price as the market adjusts to these dynamics. Investment opportunities in the uranium sector are expanding, underscoring nuclear energy's role in facilitating decarbonization and enhancing energy independence, marking it as a viable solution amidst global energy challenges. The focus on the Canadian mining sector is intensifying, especially around firms like Cameco and U92. According to Seven Investment Management, Canadian mining entities are poised to become "very popular," reflecting the robust demand for established players within the nuclear market. This trend highlights the growing strategic importance of nuclear energy resources in the global push for sustainable and independent energy solutions. Amid the growing market deficit, global uranium producers are swiftly transitioning from development phases to active commercial operations, <a href="https://investingnews.com/uranium-producers-fast-track-projects/" target="_blank" rel="noopener">reported Giann Liguid for Investing News Network on April 27</a>. Since the start of 2026, the spot price for U₃O₈ has consistently remained above US$80 per pound, a trend that began in early 2025 for long-term contract prices. This pricing environment is encouraging producers and developers to ramp up production or push forward with project developments.[OWNERSHIP_CHART-11594] In the United States, significant strides are being made to rejuvenate domestic uranium production, Liguid wrote. Earlier this month, Uranium Energy Corp. received the final nod from the Texas Commission on Environmental Quality to initiate production at its Burke Hollow project. This site, spanning 20,000 acres in South Texas, represents the largest greenfield In-Situ Recovery (ISR) uranium discovery in the country over the last decade. Now operational, the site functions under a hub-and-spoke model with uranium extraction processed at UEC's Hobson Central Processing Plant, which boasts a licensed capacity of 4 million pounds per year, the article noted. <h2 style="text-align: center;">Ownership and Share Structure1</h2> About 2% of the company is held by insiders and management. The rest is retail. Top shareholders include Jeffrey Paquin with 0.35%, Geoff Upitis with 0.28%, Alfred Fischer with 0.28%, Mark Richard Smith with 0.28%, and Randall J. Green with 0.28%. Its market cap is CA$17.98 million with 43.85 million shares outstanding. It trades in a 52-week range of CA$0.21 and CA$0.49. <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 Cameco 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=31062"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31062" width="0" height="0"> ( Companies Mentioned: UTWO: TSX.V, ) Mon, 27 Apr 2026 00:00:00 PST This Stock Just Secured 100% of a Uranium Project in One of the World's Top Mining Regions https://www.streetwisereports.com/article/2026/04/26/this-stock-just-secured-100-of-a-uranium-project-in-one-of-the-worlds-top-mining-regions.html Source: <a href="https://www.streetwisereports.com/article/2026/04/26/this-stock-just-secured-100-of-a-uranium-project-in-one-of-the-worlds-top-mining-regions.html?utm_medium=feed">Streetwise Reports 04/26/2026</a> Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) completed its acquisition of Quark Uranium Ltd. in a CA$1.4 million transaction, alongside a planned name change and share consolidation.<a href="https://www.streetwisereports.com/pub/co/11343?utm_medium=feed" target="_blank" rel="noopener">Vanguard Mining Corp. (UUU:CSE; UUUFF:OTC; SL51:FWB) </a>announced that <a href="https://vanguardminingcorp.com/news/vanguard-mining-quark-acquisition/" target="_blank" rel="noopener">it has completed its acquisition of Quark Uranium Ltd. pursuant to a share exchange agreement among the company, Quark, and the shareholders of Quark.</a> Under the terms of the transaction, the company issued an aggregate of 8,000,000 common shares at a deemed price of CA$0.15 per share and made aggregate cash payments of CA$200,000, representing a total implied value of approximately CA$1.4 million. All securities issued are subject to a statutory hold period of four months and one day. The company stated that it acquired 100% of the issued and outstanding securities of Quark. The parties involved in the transaction were arm's length, and no finders' fees were paid. <a href="https://vanguardminingcorp.com/news/vanguard-mining-quark-acquisition/" target="_blank" rel="noopener">David C. Greenway, President and CEO of Vanguard Mining Corp., said</a>, "The successful closing of the Quark acquisition marks an important milestone in the execution of Vanguard's uranium growth strategy." The Quark Uranium property consists of eight mineral claims totaling approximately 28,746 hectares in Saskatchewan, Canada, within the Athabasca Basin region. The property is located in a uranium-producing district in northern Saskatchewan and represents a contiguous land position in proximity to projects operated by Orano Canada and Fission Uranium Corp. The company stated that the properties are at an early stage of exploration and do not contain any known mineral resources or mineral reserves. <a href="https://vanguardminingcorp.com/news/vanguard-mining-name-change-uranium-one/" target="_blank" rel="noopener">In a separate announcement, the company stated that its name will change from "Vanguard Mining Corp." to "Uranium One Mining Corp."</a> and that it will consolidate its common shares on a 3.5-to-1 basis. The company expects to begin trading under the new name and on a consolidated basis on the Canadian Securities Exchange, with its stock symbol remaining unchanged. The post-consolidation total issued and outstanding number of common shares is expected to be approximately 29,123,355. The new CUSIP number will be 916927106, and the new ISIN number will be CA9169271066. The company stated that the name change is intended to reflect its expanded focus on its uranium portfolio, including the Yuty Prometeo Project in Paraguay, the Nuclean Uranium Project in Saskatchewan, and the Quark Uranium Property, as well as potential future acquisitions in the uranium sector. <h2 style="text-align: center;" data-start="0" data-end="89">Uranium Sector Overview Reflects Policy Shifts, Supply Constraints, and Demand Growth</h2> <a href="https://investingnews.com/uranium-forecast/" target="_blank" rel="noopener">According to an April 6 report from Investing News Network, uranium prices experienced volatility during the first quarter, with the spot price reaching US$101.41 before declining to US$83.90 by the end of the period. </a>The report cited John Ciampaglia, who stated, "we've definitely had a cooling off as people have kind of stepped away and de-risked," while adding that "the longer-term fundamentals, the story, remain very intact." The same report highlighted long-term contracting trends, noting that the long-term uranium price reached US$90, "its highest level since 2008," and cited Ciampaglia stating that the benchmark "has been going up for the last six months." It also referenced commentary from Grant Isaac, who said that forward demand "has never been bigger," describing unmet future requirements for uranium supply. Further commentary from Nick Carter, cited in the April 6 report, addressed supply constraints, stating that "there's a pretty big supply gap out in the mid-2030s," and added that "filling that supply gap will be, in my opinion, quite challenging going forward." The report also noted geopolitical shifts affecting supply, with Carter stating that "China imported a massive amount of uranium, nearly 70 million pounds," impacting global availability. <div class="" data-turn-id-container="request-WEB:5d0455ed-489f-4953-a929-98bd7e9ad89f-26" data-is-intersecting="true"> <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 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:5d0455ed-489f-4953-a929-98bd7e9ad89f-26" data-testid="conversation-turn-20" 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="6cd59232-3783-449c-8742-62e200cdda50" data-message-model-slug="gpt-5-3" data-turn-start-message="true"> <div class="flex w-full flex-col gap-1 empty:hidden"> <div class="markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling"> <a href="https://excelsiorprosperity.substack.com/p/metals-mania-gold-silver-platinum?utm_source=post-email-title&amp;publication_id=2151927&amp;post_id=193942814&amp;utm_campaign=email-post-title&amp;isFreemail=true&amp;r=4uo03n&amp;triedRedirect=true&amp;utm_medium=emailhttps://excelsiorprosperity.substack.com/p/metals-mania-gold-silver-platinum?utm_source=post-email-title&publication_id=2151927&post_id=193942814&utm_campaign=email-post-title&isFreemail=true&r=4uo03n&triedRedirect=true&utm_medium=email">Excelsior Prosperity wrote on April 12 that uranium pricing had moved in a broader trend alongside other metals</a>, stating that "uranium futures prices have been in a gradual uptrend over the last year," with U3O8 rising from the "US$63–US$65 range" to approximately "US$83.50–US$86.50." The report noted that uranium reached an intra-week high of "US$101.50" before correcting, and described subsequent price movements as aligned with broader market sentiment, stating that "even it couldn't escape the buying and selling patterns of resource investors." It also observed that uranium had recently "put in 3 bullish green weekly candles in a row," with pricing recovering to "US$85.40," while identifying resistance levels including "US$86.25" and "US$89.05," based on prior trading ranges. </div> </div> </div> </div> </div> </div> </section> </div> <a href="https://www.cruxinvestor.com/posts/uraniums-next-winners-will-be-built-on-time-capital-and-discipline" target="_blank" rel="noopener">Crux Investor wrote on April 22 that uranium exploration timelines remained extended, noting that "uranium discoveries typically require 6-10+ years of systematic work."</a> The report cited commentary from Chris Frostad, who stated that "the biggest problem we ran into was time," referencing historical exploration cycles. It also emphasized that "things that we find today are not going to fix the supply problem. It's 10 years, 20 years out," highlighting the long development timeline for new supply. The same April 22 report discussed capital dynamics within the sector, stating that major producers had begun deploying capital into exploration after a prolonged period, providing funding and extending exploration timelines. It also described structural supply dynamics, noting that "the current situation is characterized as fundamentally different," as new discoveries would not address near-term supply constraints. <h2 style="text-align: center;" data-start="0" data-end="31">Technical Report Cites Speculative Buy Rating and Operational Progress</h2> 1<a href="https://www.streetwisereports.com/article/2026/02/25/expanding-a-strategic-footprint-as-the-chart-turns-higher.html?utm_medium=feed" target="_blank" rel="noopener">According to a February 25 report from John Newell of John Newell & Associates, Vanguard Mining Corp. was described as a "Speculative Buy," </a>with the analyst stating that "when a junior begins to align operational progress with technical momentum, it deserves a fresh look." In the same report, Newell wrote that "the company has strengthened its South American uranium position and secured environmental permits on its Paraguayan projects, marking tangible progress beyond early-stage concept." Newell also stated that "the updated chart confirms that Vanguard Mining Corp. has completed a significant technical transition," adding that "the breakout through former resistance occurred on expanding volume, a critical confirmation signal that accumulation was underway rather than a short-lived spike." He further noted that "momentum indicators remain constructive, and volume expansion during the breakout phase was decisive," and that "the chart continues to outline: Interim Target: ~CA$0.60 cents; Third Target: CA$0.90 in play; Big Picture Target: CA$1.50." <h2 style="text-align: center;" data-start="2339" data-end="2352">Exploration Programs and Operational Developments</h2> The company outlined exploration programs and operational developments across its project portfolio. <a href="https://vanguardminingcorp.com/Vanguard_Mining_investor_presentation.pdf" target="_blank" rel="noopener">According to the Vanguard's investor presentation</a>, a confirmatory drill program is planned for the Yuty Prometeo project in Paraguay to validate historic results. The program is intended to align the Prometeo concession with an adjacent uranium trend based on available data. At the Brussels Creek project in British Columbia, the company plans trenching and drilling programs to test priority targets identified in historical work. The project is located approximately 24 km west of Kamloops and covers about 13.5 km², with historical exploration including mapping and geochemical sampling. At the Redonda copper-molybdenum project, a first-pass drilling program targeting near-surface Cu–Mo porphyry mineralization is planned, with assay results expected to guide follow-up drilling and potential resource work. [OWNERSHIP_CHART-11343] The company also reported that it closed an oversubscribed financing totaling CA$2.32 million, with proceeds allocated to uranium exploration programs in Paraguay, gold-copper exploration at Brussels Creek, and general working capital. <h2 style="text-align: center;">Ownership and Share Structure2</h2> Approximately 3.95% of Vanguard Mining is held by management and insiders, with the remaining shares held by a mix of retail and other investors. The rest is retail. Vanguard Mining Corp. has 29,123,355 shares outstanding and an estimated market capitalization of approximately US$10.78 million, based on recent trading prices. Shares trade in a 52-week range between US$0. 0.081 and US$0. 488. <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>Vanguard Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Vanguard Mining has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Vanguard Mining.</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. Disclosure for the quote from the John Newell article published on February 25, 2026 <ol start="1" type="1"> <li>For the quoted article (published on February 25, 2026), Vanguard Mining has paid Street Smart, an affiliate of Streetwise Reports, US$3,050.</li> <li>Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). 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> 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. 2. 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=31051"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31051" width="0" height="0"> ( Companies Mentioned: UUU:CSE; UUUFF:OTC; SL51:FWB, ) Sun, 26 Apr 2026 00:00:00 PST Hydrogen Co. Develops Proprietary Modelling Breakthrough https://www.streetwisereports.com/article/2026/04/27/hydrogen-co-develops-proprietary-modelling-breakthrough.html Source: <a href="https://www.streetwisereports.com/article/2026/04/27/hydrogen-co-develops-proprietary-modelling-breakthrough.html?utm_medium=feed">Streetwise Reports 04/27/2026</a> Element One Hydrogen & Critical Minerals Corp.'s (EONE:CSE) model improves exploration precision, lowers costs, and supports scalable, low-carbon energy development.On April 23, 2026, <a href="https://www.streetwisereports.com/pub/co/11547?utm_medium=feed" target="_blank" rel="noopener">Element One Hydrogen & Critical Minerals Corp. (EONE:CSE)</a> announced the development of its<a href="https://www.stockwatch.com/News/Item/Z-C!EONE-3810329/C/EONE" target="_blank" rel="noopener"> new proprietary numeric model</a> designed to enhance the identification and targeting of geologic hydrogen accumulations. Dr. Allegra Hosford Scheirer developed the model, with her expertise grounded in ". . . an extensive understanding of the natural processes governing hydrogen generation, migration and trapping in the subsurface." The company said that, "The prospectivity model integrates multiple geophysical and geological data sets, including gravity and magnetic surveys, alongside detailed structural geology interpretations. By quantitatively weighting these inputs, the model identifies geological environments most conducive to hydrogen generation and accumulation." In the release, CEO of Element One, Brad Kitchen, expressed excitement over the development, saying, " Dr. Hosford Scheirer's work provides a robust and scalable framework for understanding where geologic hydrogen systems are most likely to occur. Allegra combines deep scientific insight with advanced data integration to create this model that has positioned Element One at the forefront of hydrogen exploration." This new model is expected to help the company improve exploration efficiency, reduce exploration risk, and accelerate development opportunities. A Canadian company, Element One aims to explore, develop, and commercialize natural hydrogen as a clean energy source. <h2 style="text-align: center;">The Newest Clean Energy Potential</h2> As a clean energy alternative, natural hydrogen could have the potential to replace or supplement oil and gas. In a conversation with Element One CEO Brad Kitchen on April 14, 2026, Kitchen told Streetwise Reports that natural hydrogen could be produced using their proprietary process for a fraction of the cost of oil and gas. When given the example of US$4.20 per gallon of gas, Kitchen asserted that the same amount of energy could potentially be produced through natural hydrogen for less than US$1. If the product can be gathered and processed on location, which Kitchen seems optimistic about, independent energy could be generated to run mines in remote places or provide rural communities with energy at a much lower cost. Due to the abundance of ultramafic rocks, which Kitchen said make up about 7% of the Earth, and the carbon friendly nature of getting natural hydrogen, Kitchen said, "There comes a point where it would make more sense to run the world on hydrogen than on oil and gas," before going on to say, "We're really the leading edge in this technology, and the big thing is it's not some brand-new discovery. It's simply creating natural hydrogen in real time." In June of 2025, reports were already coming out about the potential future of natural hydrogen. <a href="https://royalsociety.org/news/2025/06/natural-hydrogen/" target="_blank" rel="noopener">The Royal Society quoted Professor Barbara Sherwood Lollar CC, FRS, as saying</a>, "Hydrogen is already a US$135 billion industry and is a key component in critical industries such as fertilizer production. As the world searches for cleaner energy options, natural hydrogen could also offer a low-cost, low-carbon addition to our toolkit." Emerging technologies are making hydrogen a viable fuel for cars, planes, ships, and factories. Hydrogen demand around the world is projected to grow from around 90 million metric tons in 2022 to more than 500 million metric tons by 2050," <a href="https://fuelcellsworks.com/2026/02/26/education/how-natural-hydrogen-hiding-deep-in-the-earth-could-serve-as-a-new-energy-source" target="_blank" rel="noopener">said Fuel Cells Works</a>. The article went on to say, "The U.S. Geological Survey estimates there could be more than 5 trillion metric tons of geological hydrogen underground around the world. But only a small fraction of that is estimated to be recoverable, both technically and in terms of reasonable costs. However, even 2% of that total would be more than all proven natural gas reserves on the planet and enough to meet projected demand for the next 200 years, even accounting for increased consumption. In terms of price, Fuel Cells Works argued that the cost could be well worth the rewards: "Because geological processes already performed the production work, early estimates suggest that extraction costs could be one‑tenth the production costs for other traditional hydrogen generation techniques — or possibly even less than that." The scope for hydrogen uses and demands has the potential to expand into both commercial and private consumer industries. "At present, hydrogen demand is mostly from large industrial facilities like petroleum refineries and ammonia plants. Decarbonization efforts could create hydrogen demand from other large industrial buyers but also from smaller, local hydrogen-offtake ventures like vehicle fueling hubs," <a href="https://www.sciencedirect.com/science/article/abs/pii/S0360319925026655?via%3Dihub" target="_blank" rel="noopener">asserted a scientific research paper by Arnout JW. Everts, Jos Bonnie, and Ramon Loosveld for The International Journal of Hydrogen Energy</a> in June 2025. <h2 style="text-align: center;">Pursuing Acquisitions, Tech, and Development</h2> <a href="https://e1-h2.com/wp-content/uploads/2026/02/Element-One-Deck-January-2026-Canaccord-Presentation.pdf" target="_blank" rel="noopener">Element One's investor presentation</a> breaks down the company's next steps into three categories: targeting acquisitions, technologies, and development. The presentation lists the targeting acquisition plans as "... research into prospective areas in the continental U.S. outside of the Midcontinental hot spot, inspecting geologically modeled highly prospective areas near established oil and gas infrastructure, and assessing land acquisition and leasing costs. [OWNERSHIP_CHART-11547] As for technologies, the company's announcement today encompasses its ongoing development with a major U.S. university, exploring further technology for subsurface hydrogen, and garnering funding from various U.S. and Canadian research funds. In development, Element One is continuing exploration on key projects to design drill sites and actively seeking strategic partners for exploration and development. Element One will be implementing field testing of its new technology in the very near future. <a href="https://e1-h2.com/project/union-bay-project/" target="_blank" rel="noopener">Element One's current projects</a> encompass the Foggy Mountain Project, the Star Project, and the HY Project in British Columbia, as well as the Union Bay Project in Alaska. <h2 style="text-align: center;">Ownership & Share Information1</h2> Element One Hydrogen & Critical Minerals Corp. has a market cap of CA$7.0 million, with 47 million shares outstanding. The company's 52-week range is CA$0.085-CA$0.32. Management and Insiders own 26.1% of shares, while Strategic Investors own 56.3%. This leaves 17.6% of shares as 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>Element One Hydrogen & Critical Minerals Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.</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 Element One Hydrogen & Critical Minerals Corp.</li> <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=31047"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31047" width="0" height="0"> ( Companies Mentioned: EONE:CSE, ) Mon, 27 Apr 2026 00:00:00 PST Will the 2026 Oil Crisis Dwarf 1973? https://www.streetwisereports.com/article/2026/04/20/will-the-2026-oil-crisis-dwarf-1973.html Source: <a href="https://www.streetwisereports.com/article/2026/04/20/will-the-2026-oil-crisis-dwarf-1973.html?utm_medium=feed">Ron Struthers 04/20/2026</a> Ron Struthers of Struthers Resource Stock Report believes that the current 2026 oil crisis is far worse than in 1973. Struthers reviews this outlook and shares one tech stock that might be worth looking into.A Tale of Two Cities Charles Dickens opens the novel with a sentence that has become famous: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair." This is very fitting for today because we have the City of Fantasy and the City of Reality. In the City of Fantasy, Donald Trump is the town crier, spewing steady BS to talk down oil, while in the City of Reality, the information looks much different. In Fantasy, the oil price is the paper future market where oil closed at about $83 on Friday, but in Reality, physical oil for delivery is selling around $150 per barrel. In Fantasy, the S&P 500 hit record highs in the worst energy crisis in history, while in Reality, the Consumer Confidence Index is at record lows. Most people are living in Fantasy but Reality is around the corner, where most will end up Never before has the stock market been at record highs with Consumer Confidence at record lows. Here is a chart that includes four of the previous lows: <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202642164913_1.png" alt="" width="1000" height="586" /> There are real reasons that consumer confidence plunges like this, I mean, reality. The Ukraine war did not cause lower oil production; it was only a risk that caused oil prices to rise, causing an inflation problem. Consumers had it right, and the markets barely escaped a bear market. In 2007/08, it was the worst market crash and financial crisis in modern history, and consumers were directly affected because it was a real estate crisis, not energy. In 1979, the Iranian revolution occurred, where oil production only declined 4%, but the oil price doubled. In 1980, following the onset of the Iran–Iraq War, oil production in Iran fell drastically. Iraq's oil production also dropped significantly, triggering an economic recession worldwide. Oil prices did not return to pre-crisis levels until the mid-1980s. Consumers had it right, pretty fresh off the 1973 oil crisis. The DOW dropped from around 12% in October. The 1973 oil crisis also involved Israel and the U.S.A. Congress approved $2.2 billion in emergency aid to Israel for the conflict known as the Yom Kippur War, the Organization of Arab Petroleum Exporting Countries (OAPEC) were upset with the U.S. involvement and instituted an oil embargo on the United States. This amounted to a 5% or 6% in global production but these cuts nearly quadrupled the price of oil from $2.90 a barrel before the embargo to $11.65 a barrel in January 1974 There was a severe bear market in 1973, but the economy was already facing rising inflation as the U.S. went off the gold standard and the US$ was falling. Industry was already at capacity, and many industrial materials were in short supply. <h2 style="text-align: center;">2026 Oil Crisis</h2> This is going to be the granddaddy of them all. In 1973, global supply was cut by about 6%, and this time, with the Strait of Hormuz closure, global supply is cut by about 20%, almost four times worse. The world has changed a lot since the 1970s, and now this strait closure is running four supply shocks. Oil and fertilizer were first hit, then LNG, with production destruction, and aluminum production circuits have also been hit, and more. A lot of oil production facilities have been destroyed or badly damaged, and it will take two years after the strait opens to restore production. Here is the detail from an expert: International Energy Agency (IEA) Executive Director Fatih Birol was interviewed by the French newspaper <a href="https://www.lefigaro.fr/" target="_blank" rel="noopener">Le Figaro</a> last week and warned that the Gulf energy shock "is more severe than those of 1973, 1979, and 2022 combined" because it is affecting oil, gas, food, fertilizers, petrochemicals, helium, and global trade all at once. Birol said in the interview that more than 75 energy sites across the Gulf region have been attacked, with about a third severely damaged, suggesting tens of billions of dollars in repairs and a prolonged disruption of some energy flows, further tightening global supplies and compounding the disruption at the Strait of Hormuz chokepoint. The U.S is no longer dependent on Middle East oil like the 1970s, so the immediate effects will take a bit longer. Many countries are already witnessing shortages and rationing like we saw in the U.S. in the 1970s. U.S oil companies and refineries will sell oil and gas for the best price, so U.S. supply will start leaving the country. A sure signal of the next phase in the crisis will be when the U.S. implements export controls. They will do this at a time to try to control oil prices. If the strait does not open immediately, within a week, oil prices will drift towards the current $150 physical delivery price and will go higher until a price is reached that causes oil demand to collapse. Less automotive driving, far fewer airline flights, probably one or two airline bankruptcies. Even when the strait opens, it will take months to get oil flowing and two or three years to get back to pre-crisis levels, and this assumes more damage is not done. We can already be certain that there will be a big increase in inflation, and the effect of high energy prices will put a greater drag on an already slowing economy, causing a recession. It is only a matter of time before the stock market collapses. The timing is uncertain because there is no way the market should be up at highs now. Once enough investors move out of Fantasy City to Reality City, the market will come down. At some point, the U.S. will probably respond with massive money printing (QE), and that could boost markets, but probably from much lower levels than where they are today. We also see this market high as a second chance. If you did not raise cash levels and lower equity exposure when I was warning about it in 2025, you have a second chance. We have plenty of exposure to the current energy crisis with our oil stocks, and I just want to update another one of our tech stocks, making new highs. <h2 style="text-align: center;">MDA Space TSX/NY: MDA </h2> Recent Price - CA$47.75 Entry Price - CA$40.45 Opinion – Buy on weakness, below CA$46 MDA Space Ltd.'s (MDA:TSX; MDA:NYSE) stock went to new highs and looked like a major breakout would happen, but the stock eased back. On Friday, the stock ran to almost CA$51 but closed at CA$48.15 Today, MDA has been selected by Airbus to design and build more than 880 Ka-band steerable antennas and 440 Ku-band user replacement antennas for the OneWeb low Earth orbit (LEO) constellation owned by the global operator Eutelsat. This award follows an initial order to supply close to 2,000 antennas to the constellation, the second largest in lower Earth orbit with approximately 650 satellites, given to MDA Space by OneWeb in 2016. The Globe and Mail reported that Sunday marked Canadarm2's 25th year in space. In that time, the iconic arm has not only proved essential for building the station, but for maintaining it day to day. It is the orbiting facility's all-purpose handyman: Looking, adjusting, swapping parts, and generally keeping things in running order. The entire system is the most sophisticated assortment of space hardware ever built by Canada. <img class="No_img_class" src="https://www.theaureport.com/images/auto_up/202642164950_2.png" alt="" width="1000" height="653" /> <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: None. My company has a financial relationship with: None. My company has purchased stocks mentioned in this article for my management clients: None. 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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=31011"><img src="https://www.streetwisereports.com/images/news_articles/t_chart.pl?na=31011" width="0" height="0"> ( Companies Mentioned: MDA:TSX;MDA:NYSE, ) Mon, 20 Apr 2026 00:00:00 PST