Wealth Creation Through Natural Resources
Cancana’s Brazil Manganese Corporation project (BMC) in the the northern state of Rondonia in Brazil is uniquely positioned to capitalize on Brazil’s emergence as the world’s new breadbasket. The BMC project is poised to meet a growing domestic and global … Continued
Tuesday, September 22nd, 2015, Vancouver, BC, Canada – Cancana Resources Corp. (TSX.V: CNY) (“Cancana” or the “Company”) with its joint venture partner Ferrometals provided an update on Phase One exploration at their Brazil Manganese Corp. (“BMC”) project in Rondônia, Brazil. … Continued
The S&P 500 exchange-traded fund SPY printed another ‘doji’ candlestick today. However, today’s doji was quite different from yesterday’s in terms of both context and direction: Today’s break lower from the bearish flag targets a move down to at … Continued
From @AgsPlayers on Twitter: This is significant activity that totals nearly a billion dollars. Someone was putting money to work today, or at the very least, covering short positions. The S&P GSCI Agricultural Index rose 1.21% and the … Continued
Something unusual happened today in the S&P 500 exchange-traded fund SPY; a perfect doji candlestick: SPY opened at 196.44 and closed at 196.44 while traversing a nearly 2 1/2 point range during the session. There are a few notable … Continued
Can you name a company that is committed to making women’s derrières look great and whose stock currently has more than 20% of its share float sold short? Yes that’s right, Lululemon (LULU). Short sellers have been feasting on LULU in … Continued
Gold finished the week strong with a nearly $40 rally between Wednesday morning and Friday’s close on the back of the Federal Reserve’s decision to keep interest rates on hold. The CFTC Commitments of Traders Report helps to explain the … Continued
The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the … Continued
The yield on the 30-year Treasury Bond has rallied more than 35 basis points since late-August: However, there is good reason to believe there isn’t much risk of more upside in bond yields regardless of what the Federal Reserve … Continued
Cancana Resources Corp. (TSX VENTURE:CNY) (the “Company” or “Cancana”) announced today that its joint venture Brazil Manganese Corp. (“BMC”) has received the engineering report from Ausenco Ltd (“Ausenco”) based on an audit of BMC’s two plant operations. The report recommended … Continued