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- ⛏ Microsoft’s Nuclear Strategy
Greetings Contrarian,
Source: Trading Economics, Numerco.
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and watch uranium flying freely.
Here are the highlights:
🔌 Microsoft’s Nuclear Strategy
😘 63m Grading 10.4 g/t Gold
🏧 Bonterra Gets Big Cheque
🔌 Microsoft’s Nuclear Strategy
Microsoft has massive plans for nuclear technology to lead the integration of small modular reactors (SMRs) and microreactors to power data centers.
It's part of Microsoft's global energy strategy, including Clean Energy Credits (CECs) from Ontario Power Generation. The company aims to address data center power challenges and shift to cleaner sources, leveraging SMRs for faster deployment.
Public service announcement: there are NO uranium supply and demand models currently accounting for SMRs.
😘 63m Grading 10.4 g/t Gold
Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) reports additional drill results from the Ana Paula Project in Mexico.
Highlight:
35.9m of 8.17 g/t gold
63.0m of 10.4 g/t gold
57.0m of 6.03 g/t gold
The Company's biggest near-term catalysts will come in rapid succession, including imminent metallurgical results, growth target drilling results, and a resource update in Q4, 2023.
We have no idea who Ana Paula is, but we do like her very mucho.
🏧 Bonterra Gets Big Cheque
Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) Bonterra Resources Inc. has announced a binding letter agreement with Osisko Mining Inc. for an exploration earn-in and joint venture agreement on its Urban-Barry property, along with Duke and Lac Barry properties, located in Québec's Eeyou Istchee James Bay region.
The deal involves a $30 million investment by Osisko over three years, leading to Osisko earning a 70% interest in the properties. The Joint Venture will operate with Osisko as the operator, excluding the Bachelor-Desmaraisville property.
Further details will be provided upon the execution of the Definitive Agreement, expected by October 31, 2023.
At a current market cap of just under C$28m, this is massive. Well done, Bonterra team.
📰 In Other News:
🧐 Visual Of The Day
🇨🇦 Weekly insider buying highlights
— MinerDeck (@MinerDeck)
1:35 PM • Sep 25, 2023
🐦 Tweet Of The Day
"Sell in may an go away"
"Have you heard about the recession coming?"
"Interest rates will rise and capital will flee the stock market"
"Nuclear energy is gone, outdated"
"There's 1 billion lbs coming onto the market at any moment now"
No thanks. I prefer to stick with my… twitter.com/i/web/status/1…
— Daniel Salomão - Rational Investor (@DanielsalomaoB)
2:57 PM • Sep 22, 2023
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Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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