Basic Materials

Northern Dynasty Minerals Ltd NAK Stock News

Northern Dynasty Minerals Ltd (NYSEMKT: NAK) is off to an incredibly strong day in the market today, and for good reason. The bottom line is that the bullish argument surrounding the stock continues to strengthen. Of course, we’ll get into that a bit later. Nonetheless, a special thanks goes out to our friends at Trade Ideas for alerting us to the gains the stock. At the moment (11:10), NAK is trading at $1.63 per share after a gain of $0.10 per share (6.54%) thus far today.





Rehashing Old NAK News

Before we get into the new news that’s happening surrounding Northern Dynasty Minerals, I believe it’s important to take a few moments here to rehash old news. The largest value proposition for the company is the Pebble Project, a massive mine that would claim the position as one of the world’s largest gold mines if it is to come to fruition. However, gold isn’t the only thing there. In fact, there are several different basic materials that could turn the mine into cold-hard cash, just waiting for someone to take the stuff out of the ground.




The only problem for the company has been the EPA. Unfortunately, the EPA has blocked NAK from being able to apply for necessary permits to get the mine underway. Nonetheless, that recently changed. In a settlement, the EPA and NAK agreed on terms that would allow the company to apply for the permits it needs in order to get the mine underway. OK, that’s enough rehashing of old news. If you want to know more about this news, click here.

Donald Trump Gives The Stock Some Support

While President Donald Trump hasn’t spoken about NAK directly, he is giving the stock a boost – indirectly – as we speak. This has to do with his anti-globalism approach. Due to his views on a globalized monetary system, Bitcoin, a key competitor to gold, is taking a bit of a dive. As a result, investors are looking to the commodity rather than the cryptocurrency. Considering that NAK is sitting on what could become one of the largest gold mines in the world, the company is in a good position to take advantage of these trends.

Acquisition Target?

Another thing that I have to think about here is the possibility of an acquisition. 3 months ago, the possibility was pretty much off of the table. Back then, the company was still in a legal battle with the EPA surrounding one of its most valuable assets. However, today, that story is very different.

You see, now that NAK has the ability to apply for the permits to build one of the world’s largest basic materials mines, it could be a great takeover target for larger players in the industry. Think about it this way, the hardest part of the job for Northern Dynasty Minerals was making it past the EPA hurdle. Now that a settlement has been achieved, there’s quite a bit of value in the Pebble proposition. If a savvy basic materials company wanted to get their hands on that mine, now would be the time. After all, the premium paid now would be far less than the premium paid once the permits have been approved.

Big News Coming?

Finally, there may be big news just beyond the horizon. That’s because, on June 23rd, 2017, NAK will be holding its annual general meeting. While no one (other than insiders) quite knows what to expect at this meeting, big news with regard to the Pebble Project is likely the first thing on the roster. If this is the case, it could prove to be a catalyst that sends the stock skyrocketing.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on NAK. In particular, we’re interested in following the company’s ongoing work with regard to the Pebble Project and hoping that our view of a potential acquisition is shared with a suitor that will make waves relatively soon. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Northern Dynasty Minerals Ltd NAK Stock News

Northern Dynasty Minerals Ltd (NYSEMKT: NAK) is off to a rough day in the market today. Now that the excitement surrounding the company’s case with the EPA has seemed to die down, the stock is falling. However, this could be a great opportunity. Before we get into why, a special thanks goes out to Trade Ideas for bringing the stock to our radar. At the moment (10:45), NAK is trading at $1.59 per share after a loss of $0.06 per share (3.64%) thus far today.





Diving Into The NAK Story

The Northern Dynasty Minerals story is a very interesting one that was filled with roadblocks. You see, the big story surrounds the Pebble Project. Since I’ve gone into detail with regard to this project in the past, I’m not going to go too deep; for more info, click here. Nonetheless, here’s a brief overview…

NAK has been working to get the Pebble Project running for some time now. In fact, for years, they’ve been trying to submit the permits they needed to get this mine underway. Nonetheless, the EPA had blocked the process based on concerns that the mine would harm the environment in surrounding areas.

However, not allowing NAK to even submit permits stepped on the rights of the company. After all, any company in a free and developed country should at least have a fighting chance to apply for permits. So, Northern Dynasty Minerals took the EPA to court.




Before the court could rule on the case, NAK and the EPA hammered out a settlement. The settlement included deadlines with regard to permit applications as well as an environmental review by the Army Corps of Engineers. This will ultimately allow the company to work for its permits, and if they work as quickly as they expect to, meeting these deadlines will be no issue at all.

The Risk

As with any investment, investing in Northern Dynasty Minerals does have some risk. At the end of the day, there’s no guarantee that the permits will be approved, nor that the report by the Army Corps of Engineers will be a positive one. On top of that, building the mine is going to cost massive amounts of money and take quite a bit of time. However, there’s a bit of a caveat to this.

In the process of fighting with the EPA, NAK has spent massive amounts of money on independent research. The idea of the research was to prove that the mine would have no effect on the surrounding environment, and the reports have proven to be overwhelmingly positive. Considering these independent reviews of environmental impact, it seems unlikely that the company wouldn’t be able to achieve permitting for the mine.

The Reward

While there are risks, those risks don’t come without the potential for a massive reward here. The reality is that the NAK hasn’t been fighting for nothing here. If the Pebble Project does move forward and the mine is built, there’s quite a bit of money to be made. The mine will be one of the largest gold mines in the world! However, that’s not all; if research reports are correct, there are massive amounts of other basic materials that can be extracted from the mine. At the end of the day, this mine is one of those go big or go home propositions. If it works out well, it has the potential to turn investors into millionaires.

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The Bottom Line

As mentioned above, there is risk in every investment we make, and I’m not here to tell you that NAK is any different. However, after quite a bit of research, I see the potential reward far outweighing the risk. At the end of the day, the chance to be involved in one of the largest mines in the world a couple of years from now may be worth risking a few dollars today.

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Asanko Gold Inc AKG Stock News

Asanko Gold Inc (NYSEMKT: AKG) is off to an overwhelmingly rough day in the market today after Muddy Waters Research waged a sell-side attack on the stock. Of course, this led to fear among investors who sent the stock tumbling downward. From there, the stock was halted with news pending. As is normally the case, our partners at Trade Ideas were the first to alert us to the movement. At the moment (10:51), AKG is halted at $1.29 per share after a loss of $0.58 per share (31.02%) thus far today.





AKG Gets Attacked By Muddy Waters

As mentioned above, Asanko Gold isn’t having the best of days in the market today after a sell-side report was released by Muddy Waters Research. Here are the key points from that report:

On the back of flawed geology, AKG made investments in Nkran, its satellite pits, and Esaase that we believe will never be recovered.




  • Nkran is already experiencing a serious collapse of its west wall that we believe is a sign of AKG’s desperation. We estimate AKG needs to spend $75 – $115 million soon to keep mining Nkran, or the mine will “pinch out”. Spending the money likely means AKG will run out of liquidity in 2018; not spending the money leaves the company without the cash flow to develop its largest deposit, Esaase.
  • AKG’s “satellite deposits” are unlikely to yield significant cash flow, due to likely flawed geology. In a December 2016 upgrade to their resources, AKG used a record gold price – $2,000/Oz – to boost their estimated value. This is only one of the serious flaws we see.
  • There are indicia that some of AKG’s resources models have been “smeared”, which would cause estimates of their ore contents to be inflated.
  • Management is outwardly assured and confident, but their behavior reeks of desperation and short-termism.”

After falling dramatically, the stock was recently halted with news pending. It is expected that the pending news is going to be a rebuttal to the sell-side report. However, at the moment, no one quite knows what that news will be. All we know is that it’s coming.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AKG. In particular, we’re interested in the pending news associated with the stock. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Petro River Oil Corp PTRC Stock News

Petro River Oil Corp (PTRC) is off to a strong day in the market today, and for good reason. Early this morning, the company announced the discovery of a new oil field, causing excitement among investors and prompting gains in the value of the stock. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (11:22), PTRC is trading at $1.60 per share after a gain of $0.20 per share or 14.29% thus far today.





PTRC Gains On New Oil Field Discovery

As mentioned above, Petro River Oil Corp is having a strong start to the trading week this week after announcing the discovery of a new oil field. The oil field is the second field found in the comapny’s 106,500 acre concession in Osage County, OK. The field was announced after the company completed the successful drilling of what is now known as the Red Fork 1-3 exploration well. However, that’s not the big story.




The big story is that the Red Fork 1-3 well tested multiple zones. As a result of this testing, the company believes to have found a second oil field. Based on the data provided through the tests, it is expected that the field consists of more than 20 feet of oil productive formation. In a statement, PTRC President, Stephen Brunner, had the following to offer…

This is a significant 2nd discovery for Petro River and we are excited with the initial results…”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on PTRC. In particular, we’re interested in following the news surrounding the new oil field and production associated with this field. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Atwood Oceanics, Inc. ATW Stock News

Atwood Oceanics, Inc. (NYSE: ATW) is off to an incredibly strong start in the market this morning, and for good reason. Acquisition news hit the wire, causing excitement among investors and sending the stock skyward. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:49), ATW is trading at $10.10 per share after a gain of $2.02 per share or 25.00% thus far today.





ATW Gains On Acquisition News

As mentioned above, Atwood Oceanics is off to an incredibly strong start in the trading session after announcing that it has entered into a definitive acquisition agreement with Ensco. Under the agreement, Ensco will be acquiring the company in an all-stock transaction. ATW shareholders will soon receive 1.60 shares of Ensco per share of Atwood owned, representing of premium of about 33%. As a result, Ensco shareholders will own 69% of the combined company while ATW shareholders will own 31% of the combined company. In a statement, Rob Saltiel, CEO at Atwood, had the following to offer…




The combination is an ideal strategic fit. Both companies are passionate about operational excellence, safety and customer satisfaction with core values and cultures that are perfectly aligned. We believe the combined company will offer an unmatched rig fleet and workforce. These attributes, anchored by a strong balance sheet, should enable the company to thrive as market conditions improve and allow Atwood shareholders to fully participate in the market recovery.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching ATW incredibly closely. While the agreement surrounding the acquisition has been signed, it is still subject to customary closing conditions. So, we’ll continue watching to ensure that the transaction happens without issue. Nonetheless, we’ll continue to follow the news closely and bring it to you as it breaks!

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Seadrill Ltd SDRL Stock News

Seadrill Ltd (NYSE: SDRL) is off to an incredible start to the trading session today, and for good reason. It was announced that the CEO of the company has made the decision to resign. This ultimately led to excitement among investors, causing the stock to skyrocket and our partners at Trade Ideas to alert us to the gains. At the moment (10:09), SDRL is trading at $0.63 per share after a gain of $0.04 per share or 6.21% thus far today.





SDRL CEO, Per Wullf, Resigns

As mentioned above, Seadrill is having an incredibly strong day in the market today after the company’s Board of Directors announced that Per Wullf has made the decision to resign as CEO. As a result, his tenure as CEO at the company will come to an end at the end of June. However, he will remain a Director of the company. In his place, Anton Dibowitz will take on the position as the new CEO of the company. In a statement, Per Wullf, CEO and President of SDRL had the following to offer…




I am immensely proud of my time at Seadrill, first as Chief Operating Officer and for the past four years as Chief Executive Officer. After 37 years in this fascinating industry, I want to reduce my day to day work commitments and spend more time at home in Denmark. As Seadrill is approaching key milestones for the company’s restructuring, the time is right to inform all stakeholders that I will not lead Seadrill in the company’s next era and hand over to Anton, who will make an excellent CEO. I would like to thank everyone at Seadrill for their support, passion and tenacity over the years and I look forward to our continued journey together.”

The above statement was followed up by Anto Dibowitz, the incoming CEO. Here’s what he had to say…

I am deeply honored that the Board has appointed me to succeed Per as Chief Executive Officer of Seadrill. We have a world class business with high quality people, a young and modern fleet and strong client relationship. There are short term challenges to overcome in Seadrill and the industry but I look forward to playing my part in returning Seadrill to growth, together with the great team we have working here.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SDRL. In particular, we’re interested in watching to see how Dibowitz will perform as CEO of the company. We’re also keeping a close eye on the oil sector, with OPEC meeting relatively shortly, we could see some big movement ahead. Nonetheless, we’ll continue to follow the story and bring the news to you as it breaks!

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Petro River Oil Corp PTRC Stock News

Petro River Oil Corp (PTRC)

Now that the U.S. has an administration in the White House that is bent on making the nation energy independent, investors should embrace an opportunity to find and profit from emerging, under-the-radar stocks. Finding them is not enough, though. Investors also need the willingness to get out in front of the trade to bank the rewards. Since President Trump took office, my focus has been on finding the finest of the emerging energy bunch, taking advantage of small and micro-cap opportunities that can deliver both near and long-term value to investors with an appetite for adding risk to their investment portfolio. Now that oil has made a break above the $50 level for the first time in weeks, the desire for energy-focused investment is on the rise. And, as is usually the case during market rotation, the clear winners are the early adopters that take positions well ahead of the shifting market, enabling them to capture gains from the change in momentum, which brings prime opportunity to score stellar returns.

As CNA Finance followers and subscribers know, I am uncompromising when it comes to uncovering the next pack of developing leaders in a reinvigorated sector, and Petro River Oil has advanced to my list of emerging oil producing favorites. Petro River Oil (PTRC) is deserving of the attention, and when compared to its peers, the case for substantial share price increase and long term opportunity gets magnified. Now, it’s up to investors to look at the big picture to understand and take advantage of the opportunity developing at PTRC.

PTRC Is Primed

No investment comes without risk, and when it comes to investing in the oil and gas industry, those risks often get intensified. While capital intensive pressures play a significant role in individual success and failure, the concern of the regulatory pressures put on producers has also played an intense role in limiting the opportunities for small competitors. Finally, this trend in overzealous oversight may have ended, and the next four to eight years may be the best chance investors have had in quite a while to entertain the idea of adding oil producing companies to their investment portfolio.

While PTRC may be under-the-radar to many investors, the stock has been on my screen for several months, and now that the company has completed a series of steps necessary to advance to the next stage of viable and long-term production, the investment thesis is compelling.

Why? It’s simple. Markets rotate, and when they do, investors are provided a golden opportunity to become a first responder, taking advantage of the low-hanging fruit that less aggressive investors leave on the table. My investment style is comparable to my eating habits – I partake in the appetizers. The similarity is that just like a good appetizer may oblige the early pangs, the main course is usually more satisfying. Thus, why not enjoy both, and take advantage of the satisfaction that each has to offer? Following that logic, taking an early bite into PTRC is attractive, potentially allowing investors to realize quick gains coupled with long-term satisfaction.

Investors have already been nibbling at PTRC stock, with shares up over 43% since the beginning of May. But, the increase may only be setting the stage for a significant move higher as investors come to recognize the inherent value in the company. Simply put, my excavation practices may have uncovered an investment opportunity in PTRC that the market herd is yet to recognize.

Petro River Oil As An Emerging Oil Stock

From my vantage point, accumulation in PTRC started two months ago, with volume increasing from 10X to 50X normal trading levels. Obviously, there are interested parties that see potential in the company. Despite the recent increase in share price, though, I believe the company has significant opportunity to run higher, with sights set on a near-term return of more than 100% from current levels. My bullish views are not outrageous, and they get substantiated by the proven reserves, the strength of the balance sheet, and by the company’s strong management team, who have clearly demonstrated the capability to accomplish their goals in an efficient and cost-effective manner.

If my analysis proves to be correct, the early investors into PTRC may sense that the company is now positioned to generate substantial revenue at current oil prices. In fact, the company has stated on several occasions that even a sub $40 per barrel spot price keeps the pumping profitable. Independent from the company’s statements, outside analysts have suggested that PTRC is positioned even better, enjoying the capability to generate profitable returns on oil priced as low as $35 per barrel.

Unlike the plethora of start-up production companies, Petro River Oil did not blindly meander into the oil business. The PTRC mission is calculated, designed, and intended to deliver returns. Focusing on the proven grounds of Osage County, Oklahoma, PTRC has spent the past several months conducting 3D seismic testing to recognize opportunity and minimize risk. As experienced sector investors know, oil production is a zero sum game for inexperienced drillers. Dry wells produce nothing and can be an exhaustive drain on capital resources. Despite the proven reserves in Osage County, small and inexperienced producers have gone belly-up trying to bring the black-gold to the light of day. Others, however, have made fortunes. And, because PTRC is taking a prudent, step-by-step approach to limit production risk, the company may indeed become the newest initiate to the “fortunate” club.

Osage County, Oklahoma, PTRC Historic Opportunity

Money making opportunity in Osage County, Oklahoma is not a new concept. The grounds were proven fertile well before Oklahoma became a sovereign state. Oil pioneers became aware of the underground asset in the early 1800’s and quickly took advantage of its potential, learning that the geographic location provided an inexpensive means of pumping the oil to the surface, a factor that still exists today.

Production was booming in the region for decades, and it wasn’t until the U.S. government entered the fray that the market took a turn. Typical to over-regulation and unintended consequences from ill-advised government intervention, many producers left the region. The oil remained, however, and with it the opportunity for innovative and experienced producers, like PTRC, to exploit the area for this valuable resource. Now, with a softening political climate, and technology capable of substantiating production value, smart companies have brought their focus back to Oklahoma, where billions of dollars in oil reserves lay in wait.

As others ran from the heavy government oversight and stifling regulations enforced by the former administration, PTRC intensified investment in the region upon the belief that the Trump Administration may finally clear a path to unobstructed production with a business-minded approach to regulation. Certainly, President Trump is a hawk when it comes to becoming an energy independent nation, which bodes extremely well for Osage County producers, particularly for vertical drillers like PTRC.

Osage County producers have been no stranger to bureaucratic roadblocks. But, much of the decades-long political wrangling came to a head in the first quarter of 2016, with a strong case presented to alleviate the bureaucratic delays from an understaffed Bureau of Indian Affairs and the U.S. government’s restrictive EPA office. Already showing progress, the promises made and executive actions taken by President Trump to reduce or eliminate the debilitating effects of government intervention are beginning to pay dividends to Osage County producers. For companies like PTRC, who staked their claims before the political shift, the rewards could be substantial by taking advantage of the fertile grounds and state-of-the-art technology at their disposal.

Petro River Oil Is Positioned To Exploit Institutional Interest

Petro River Oil is in an enviable position to deliver substantial returns for investors. Additionally, they are also ideally placed to take advantage of renewed institutional interest in the sector. As an example, investors should focus on a deal recently announced by PetroShare to understand the opportunities that PTRC may be able to exploit.

On Friday, PetroShare (PRHR) (not affiliated with Petro River) announced that they had been underwritten to offer $50 million in common stock through Johnson Rice and Seaport Global. Now, not until you realize that PetroShare had revenue of only $1.5 million in the first quarter of this year, compared to zero a year ago, does the offering demonstrate the institutional interest on a grander scale. The offering swallows the entire market cap of PetroShare, which after Friday’s close stood at roughly $43 million dollars. Beyond the impressive size of the offering, however, the cash is going to a company that has significant debt overhang, a history of quarterly losses, and virtually no trading volume in the stock. On the other hand, the corporate weaknesses on display at PetroShare can play extremely well for Petro River Oil, which clearly shows superiority on a multitude of fronts that can bring with it stronger interest from institutional money.

Side by side, Petro River is a stronger company on almost every business metric. While PetroShare is doing what they can do increase shareholder value, their funding news also serves to validate interest on the institutional front that may surely benefit Petro River.

To be clear, we’re talking about an institutional market that is becoming interested in financing emerging oil producers, and it’s not my intent to place PetroShare into the Hall of Shame. But, comparing the two companies offers insight into the substantial opportunity available to PTRC. Taking a closer look at the two invariably highlights the distinctions and why institutional interest may soon avail themselves to PTRC, which could generate major increases in shareholder value.

First, Petro River has no debt and has secured the funding for planned 2017 drilling programs. In contrast, PetroShare, in March of 2017, entered into a $10 million PIPE financing to raise the capital necessary to perpetuate lease development.

Second, while both companies utilize 3-D seismic technology to prove wells and de-risk exploration, only Petro River has the capability to drill vertical wells. Thus, for PetroShare, the horizontal drilling method may turn out to be a one-and-done approach, adding significantly greater risk and cost in comparison to wells explored through vertical drilling.

Third, PetroShare has a share price of roughly $1.90 a share, with approximately 22 million shares outstanding. While not necessarily an excessive number of shares issued, they are obligated to senior secured debt of about $12 million, and an additional $10 million in unsecured convertible notes. In addition to the convertibles, they also have a warrant overhang that has an exercise price of $3.00 per share, which can bring in $20.1 million with associated dilution of 6.7 million shares. Now, for those who may not understand the entirety of warrant structure, they often play the devil’s role, with astute investors hedging the warrants against a position or using an arbitrage strategy to benefit from the structure of the warrants. While the smell of warrant money is attractive to many retail investors, the untold truth is that the warrants often have a debilitating effect on share price, keeping a ceiling in place for the stock price and causing financial and negotiation distractions for a company that becomes desperate for cash.

The Petro River Oil Distinction

In comparison to the metrics listed, Petro River has 15.8 million shares outstanding, a $1.25 stock price and a market cap of approximately $20 million dollars. Now, while both the market cap and stock price are lower in comparison, PTRC has no debt, no warrant overhang, and no convertible loan features to dilute growth. Therein lay the distinction and opportunity I alluded to a few sections ago. With institutional investors now warming up to financing these emerging players, it makes strategic and financial sense for institutional investors to cozy up to companies positioned for sustainable growth, especially ones sitting as well as PTRC. Thus, while PetroShare may soon execute on their $50 million dollar dilutive offering, the terms for Petro River may become progressively better. Adding

intrinsic value, both companies have strategic partners to assist with growth and strengthen the balance sheet. Petro River enjoys a partnership and 20% ownership interest in Horizon Energy Partners, a potentially lucrative investment. PetroShare has a strategic alliance with Providence Energy Group, who owns approximately 13.7% of the company’s outstanding shares through a $3 million purchase during the company’s IPO.

Comparing the two, while taking into account the news of the pending cash raise at PetroShare, the deal only bodes well for PTRC shareholders in the future. If and when PTRC decides that they want to address the capital markets, they will have the ability to negotiate from strength and clearly show that the terms provided to PetroShare serve as a starting template for any proposed funding agreements. In simplest terms, with PTRC being the better company, there is no reason they should not enjoy better conditions, better underwriters, and greater investor interest in the near-term future.

Where PTRC Will Profit

Petro River Oil is generating meaningful press. On May 8th, PTRC announced the discovery of a new oil field in its Osage County concession. While the company needs to perform some exploratory work to substantiate the potential of the well, initial results are encouraging. According to the company, preliminary testing indicated strong production potential with up to 20 feet of oil productive formation. Confirmatory tests are planned to evaluate the extent and potential of the discovery, and the company has announced that they plan to perform additional 3D seismic testing on new channel sand formations, which have indicated a potential to deliver over 2.5 million barrels of oil.

Investors should not look at the discovery as a one-off, potentially winning lottery ticket. History suggests that additional oil deposits will likely emerge in nearby concessions. PTRC management is cautiously optimistic, believing that the initial discovery confirms their 3D seismic testing technology, which will likely lead to the development of two additional wells in the coming weeks and months. In addition to news of their recent discovery, management reiterated their confidence in its 3D seismic testing, indicating to investors that they believe to have discovered the possibility to develop an additional 12 producing fields, which could generate significant revenue streams and shareholder value.

As of May 2017, PTRC listed current assets at over $28 million, with cash receivables more than $5 million. As noted earlier, the company has no debt. The most recent balance sheet shows that the stock has a book value of $1.03 per share and a cash value of roughly ten cents a share. In comparison to industry valuations, with PTRC trading at around 1.5X its tangible value, the case for PTRC being undervalued is made stronger.

Now, it is true that not all emerging stocks are created equal, and the markets rarely price emerging companies efficiently. For undiscovered and growing stocks, like PTRC, the challenge is less about demonstrating its clean balance sheet and catalyst rich future than it is about getting investors to understand the value trapped beneath the surface of their name. For PTRC, there is value on several fronts, inclusive of a respectable balance sheet, an experienced management team, use of state-of-the-art 3D seismic testing technology, and most importantly, a recent discovery of assets that may serve as a leading indicator for the discovery of new and potentially lucrative oil deposits.

What should be exciting for investors who have today become familiar with PTRC is that the management team is becoming more focused on telling the story to the investment masses. Different from companies that put out multiple press releases a week to build brand recognition without underlying substance, PTRC has kept a spotlight on its accomplishments and is building their brand as a result of success.

For investors who seek out stocks intended to deliver exceptional returns based on substantive data and catalyst potential, Petro River Oil may be an ideal candidate. With the share price higher by over 43% since the beginning of May, this once under-the-radar stock is now obviously on the investing screens by those recognizing the opportunity and potential of this company.

PTRC has mitigated much of the downside risk with a strengthened balance sheet, its minority-owned interest in Horizon, and by its recent asset discoveries. The momentum is in place, and the stage is set for additional market moving developments. At current levels, PTRC is an absolute bargain and is certainly worthy of being positioned as one of my most promising oil stocks for 2017. Factoring in less restrictive oversight that should ultimately lessen the regulatory burden in the Osage County corridor, PTRC may be perfectly positioned to capitalize on both its asset-rich environment and the rejuvenated interest in institutional funding. Each may serve to benefit PTRC in both the near and long term, ensuring long-term viability and sustainable growth potential for the company.

Disclosure: This article was written by Kenny Soulstring, and it reflects my own opinions and unique articulation. This article is not intended to offer investing advice, guarantee 100% accurate predictions or to be interpreted as providing a personal recommendation. What I can guarantee, though, is accurate research, thoughtful analysis and an enthusiasm about any stock that I cover.

While I seek to uncover emerging companies that I feel have true value and potential, it’s important that investors assign an appropriate time horizon to each of their investments, understanding that emerging companies need time to mature.

I wrote this article myself and it includes my own research and expresses my own opinions. I am not receiving compensation for it (other than from CNA Finance). I have no business relationship with any company whose stock is mentioned in this article.

Additional Disclosure: I have no position in any stock mentioned, but may initiate a long position in PTRC within the next 72 hours.

Disclaimer- CNA Finance is NOT an Investment Advisor. Our goal is to bring both news and under discovered stocks to the attention of investors to assist in making smart decisions in the market. CNA Finance is a for profit company. That profit is generated through three (3) different types of relationships. First and foremost, we work with pay per click and CPM advertisers on banners. We also have affiliate relationships with various companies where we earn a portion of the sales we refer. Finally, we may have relationships with some of the companies or IR firms that represent companies mentioned within our works in which we are compensated in cash and or stock for consulting, investor relations, and Press Release services. World Wide Holdings paid CNA Finance $3,000 to hire Perceptive Analytics for research and writing services as well as other investor relations services provided to Petro River Oil Corp by CNA Finance. All information researched and provided through any article associated with Petro River Oil Corp and published on CNA Finance is public information that is documented and available upon request. CNA Finance encourages all investors to seek professional advice before making any investment decision.

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United States Steel Corporation X Stock News

United States Steel Corporation (NYSE: X) is off to an incredibly strong day in the market today, and for good reason. Lately, there has been quite a bit of talk surrounding steel imports, and these talks may turn into action very soon. As a result, investors are excited and United States-based steel companies are flying in the market. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (12:15), NYSE: X is trading at $20.28 per share after a gain of $0.81 per share (4.16%) thus far today.





NYSE: X Gains On Coming Discussions With Regard To Steel Imports

As mentioned above, United States Steel Corporation is having a strong day in the market, along with other steel companies in the United States. Ultimately, the gains are the result of coming discussions with regard to steel imports and the effect of such imports on the domestic steel industry.




For some time, President Donald Trump has been pointing to the steel industry as an industry that needs a bit of restructuring. At the end of the day, increasing imports at less than fair market price is causing serious pain for United States companies that focus on steel, like X. As a result, a discussion is going to take place later this week with regard to the effect of steel imports on domestic steel companies.

To put this all into perspective, in the first quarter, steel imports increased by 19.6%. As a result, Chinese steel now accounts for 26% of the United States steel market. Ultimately, Trump’s goal is to reduce imports or impose price minimums on imports in order to give domestic steel companies an advantage here at home.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping an incredibly close eye on X. In particular, we’re going to be following the ongoing discussions with regard to the steel industry and are excited to see what the result is for United States Steel Corporation and other domestic steel companies. We’ll continue to follow the story closely and bring the news to you as it breaks!

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AK Steel Holding Corporation AKS Stock News

AK Steel Holding Corporation (NYSE: AKS) is off to an incredibly strong day in the market today, and for good reason. An OSHA investigation ended just about as quickly as it started, with no problems found. Of course, this led to excitement among investors, sending the stock upward and prompting our partners at Trade Ideas to alert us to the gains. At the moment (11:55), AKS is trading at $5.90 per share after a gain of $0.34 per share (6.22%) thus far today.





AKS Investigation Closed

As mentioned above, AK Steel Holding Corporation is having a strong day in the market today after an investigation turned up no hazards. Recently, the AKS Middletown Works site was under investigation on the grounds of hazardous conditions reported. However, according to documents from the Occupational Safety and Health Administration, the investigation into the site was closed shortly after it was opened because the alleged hazardous conditions simply did not exist.




According to the allegations, “welders have no certification to weld or pressure pipes, structures, railings, etc…” The allegations also suggested that no welding logs were being kept for certification purposes. However, these allegations didn’t prove to be true. In a letter regarding the issue, Mick Paddock, Manager of Safety and Health at the West Chester Township-based company, offered the following:

In that timeframe, AK Steel has certified nearly 200 of its employees as welders…. The enclosed documents confirm that AK Steel maintains appropriate documentation of the certification of its welders, and the complaint’s vague allegation to the contrary is without merit.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on AKS. In particular, tomorrow is likely to be a big day for the steel industry as a whole as a hearing with regard to the effect of steel imports on safety takes place, which could prove to be a massive boost for the US steel industry. We’ll continue to follow the story closely and bring the news to you as it breaks.

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Gevo, Inc. GEVO Stock News

Gevo, Inc. (NASDAQ: GEVO) is off to a relatively strong day in the market today, and for good reason. Arizona’s Governor has cleared the company’s renewable fuel for road use. Of course, this led to excitement among investors, sending the stock upward and prompting an alert from our partners at Trade Ideas. At the moment (10:51), GEVO is trading at $0.88 per share after a gain of $0.03 per share (3.20%) thus far today.





GEVO Gains On Arizona Road Use Clearance

As mentioned above, Gevo is having a pretty strong day in the market today after announcing that a bill that was signed by Arizona Governor Doug Ducey will allow gas stations to sell isobutanol-blended gasoline for on-road use. This means that the company’s isobutanol blend will likely soon hit gas stations in the state, offering drivers higher performance through the use of renewable fuel content.




The bill, known as Bill HB2368, allows the use of isobutanol as an axygenate in gasoline, particularly for the use of on-road vehicles in Arizona. This law will take effect in August of this year. It will add to the demand for GEVO fuels, which are already being sold in Arizona for off-road applications including boating, ATV’s, motorcycles, landscaping equipment, and more. In a statement, Dr. Patrick Gruber, CEO at GEVO, had the following to offer:

We’re excited that this bill will open up a new market for our isobutanol in Arizona. With our distribution partner Musket already serving marinas, Gevo is ready to take advantage of this new opportunity to expand isobutanol sales in the state…”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GEVO. In particular, we’re interested in following the news to see what happens to sales once isobutanol blends are able to be used in on-road applications. We’ll continue to follow the story closely and bring the news to you as it breaks!

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Thought Leader Discussions

Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...