Basic Materials

Northern Dynasty Minerals Ltd NAK Stock News

Northern Dynasty Minerals Ltd (NYSEMKT: NAK)

Northern Dynasty Minerals is having a pretty strong day in the market today – a much needed one, considering the massive declines we saw earlier in the week on the Kerrisdale short-side report. The gains are the result of a rebuttal released by the company. Below, we’ll talk about what we’re seeing from the stock, the rebuttal, and what we’ll be watching for with regard to NAK ahead.





What We’re Seeing From NAK

As mentioned above, Northern Dynasty Minerals is having a pretty good day in the market today. At the opening bell, the stock was trading in the green; and throughout the day, it has held onto and expanded its profits. At the moment (11:20), NAK is trading at $2.37 per share after a gain of $0.11 per share (4.87%) thus far today.

Why The Stock Is Up

As is almost always the case, our partners at Trade Ideas were the first to alert us to the gains on NAK. As soon as we received the alert, the CNA Finance team started digging to see exactly what was causing the movement. It didn’t take long to uncover the story. The gains are the result of the company’s response to the sell-side report by Kerrisdale that was released early this morning. In particular, Northern Dynasty Minerals requested that those reading the short report:




  • Understand that Kerrisdale stands to make serious profits if the price of NAK takes a dive.
  • Kerrisdale has an aggressive history of short selling and activism. However, they do not have experience in the mining company nor have they disclosed any record of success in mining investments or issuing mining valuations.
  • The short report relies on anonymous co-authors. NAK pointed out that it is not disclosed if these anonymous authors hold short positions in the stock.
  • Kerrisdale personnel have not taken the time to visit the Pebble Project, nor have they had discussions with Northern Dynasty’s technical team or executives.
  • At the end of the day, what the company really wants investors to think about is the idea that Kerrisdale is a troubled organization. The rebuttal points out that the short-side analysts have been in the news for major client and staff defections and alleged senior staff personal misconduct.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching NAK incredibly closely. In particular, we’ll continue to watch the war between the company and Kerrisdale. We’ll also be watching the hard numbers and forming our own opinion as the story continues to break. Stay in touch, we’ll be bringing you the updates as they happen!

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Viking Investments Group Inc VKIN Stock News

Viking Investments Group Inc (OTCMKTS: VKIN)

Coming off of the heels of its announcement for plans to purchase additional oil producing leasehold interest in Miami County, VKIN, on Wednesday, added to their aggressive 2017 strategic initiatives by announcing that the company , through its subsidiary, Mid-Con Petroleum, has entered into an agreement to drill new wells on one of its existing oil leases in Eastern Kansas.





The agreement, which was effective December 30, 2016, contemplates Mid-Con assigning a small percentage of its working interest ( 2%) in the ABC lease to an individual investor in exchange for that investor contributing financial capital, designated to facilitate the drilling and completion of 6 to 7 new producing wells on the lease property. VKIN is expected to maintain a 93% working interest in the lease.

Drilling To Details

Upon completion of the deal, the individual investor will receive 100% of the tax credits available in connection with the drilling investment. Additionally, the deal is contingent upon Mid-Con’s senior secured lender, CrossFirst Bank, releasing its security interest against the 2% working interest being assigned to the investor. Approximately $150,000 has already been deposited by the investor and will be released for production use upon the successful assignment of the 2% interest being approved by CrossFirst.




Mid-Con’s operator, S&B Operating, LLC, will coordinate and supervise the development initiative. S&B specializes in formulating and operating water-flood enhanced oil recovery programs and has been associated with both VKIN and Mid-Con projects prior to this most recent announcement.

The wells are expected to be drilled to a depth of approximately 350 feet, targeting the Peru formation. Wells similar to this lease have generated production assets for up to 30 years, which may allow VKIN to leverage additional growth strategies from its share of the revenues.

About VKIN

Viking operates as an independent exploration and development company, currently focused on both acquisition and development of oil and gas producing properties in North America. VKIN currently owns over 6000 acres of land in Kansas and Missouri, with additional land holds in Alberta.

VKIN’s strategy is to target and acquire under-valued oil and gas producing companies and to take advantage of the assets available within those opportunities. The company has been on an aggressive path of late, announcing its second appreciable deal in as many days. Since the beginning of 2017, VKIN has been active in expanding its ownership and interest portfolio and appears to remain on point to further expand both its development and operating base to build shareholder value.

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Viking Investments Group Inc VKIN Stock News
Viking Investments Group Inc (OTCMKTS: VKIN)





On Tuesday, Viking Investments Group (VKIN) announced that the company has entered into a Letter of Intent to purchase additional working interest rights from a minority partner already involved in the leasehold venture. This additional asset purchase, once consummated, will add to the growing portfolio and working interest within the Eastern Kansas oil lease properties.

VKIN, through its wholly owned subsidiary, Mid-Con Petroleum, already owns a majority working interest in the lease, and the LOI is intended to acquire the interest of a minority partner with the affect of achieving greater efficiencies for future development, as well as to potentially increase Mid-Con’s revenue streams from existing production.

Expanding Eastern Kansas Corridor

Specific to this proposed LOI, VKIN will be looking to take advantage of an operational lease located in Miami County, which produces oil from the Squirrel sandstone (750-900 FT) within the Cherokee formation. The finalized purchase would include an increased and undivided interest in all oil and gas wells, equipment, fixtures, and other personal property located upon the leased property.

Similar size and styled wells on this lease have proven production value that have shown the ability to produce oil for over 20 years, with some production extending beyond 30 years of consistent production capacity.




While the LOI is non-binding, it proposes that VKIN and the vendor enter into a formal purchase agreement prior to the end of day on March 15, 2017. The deal is subject to VKIN and Mid-Con obtaining financing sufficient to complete the purchase.

Viking Interests

VKIN is an independent contractor and owns approximately 6000 acres of land in Kansas and Missouri, with additional ownership interest of oil and gas leases in Alberta.

Company management has been aggressively seeking out investment opportunity that is designed to deliver both increased asset ownership and shareholder value. Coming off of a momentum building 2016, management now appears to be taking advantage of the foundation that was put in place to facilitate an efficient and cost-effective growth model. With this LOI, VKIN is further positioning themselves to take advantage of opportunity within the Mid West corridor, namely Kansas and Missouri.

VKIN may be able to facilitate the closing of this LOI by taking advantage of its relationships with private investors, investment banks, and through the use of its of established credit facilities from lenders familiar with the oil and gas sector.

As CNA Finance pointed out in the first week of February, VKIN has established an initial footprint in the mid west region that may provide the near term impetus that can allow the company to gain additional leverage and traction as they progress through 2017.

In the meantime, as with any micro cap name, stay focused to fundamentals and remain appraised of any additional news through CNA Finance, your source for VKIN breaking news.

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Northern Dynasty Minerals Ltd NAK Stock News

Northern Dynasty Minerals Ltd (NYSEMKT: NAK)

Northern Dynasty Minerals is having an incredibly rough day in the market today. At the open of the trading session, the stock was already trading slightly in the red. From there, we’ve seen further and further declines. That is, until the stock was halted. Below, we’ll talk about what we’re seeing form NAK, why, and what we’ll be watching for ahead.





What We’re Seeing From NAK

As mentioned above, Northern Dynasty Minerals isn’t having the best of days in the market today. When the trading session started for the day, the stock was already down a bit. And things went from bad to worse as trading continued. At 1:14, NAK was halted at $2.40 per share after a loss of $0.79 per share (24.69%) thus far today.

Why The Stock Is Down

As is almost always the case, our partners at Trade Ideas were the first to inform us of the halt on NAK. As soon as they did, the CNA Finance team started working to see what was causing the movement. It didn’t take long to uncover the story. Unfortunately, the drop is being caused by a sell-side report by Kerrisdale, which was released on Seeking Alpha early this morning.




Since the report was released, the stock has been on a dramatic decline. As a result, Northern Dynasty Minerals is now “halted with news pending.” We already know what that news is, but it hasn’t been made official just yet. Chances are that the company is working up a rebuttal to the report, but that’s not official yet.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching NAK incredibly closely. In particular, we’re watching for the rebuttal to the short report. We’ll be watching the news closely and bringing it to you as it breaks!

Update: We’re hearing that the halt is associated with a rebuttal. Working to get our hands on the news now. We will keep you updated.

Update: The NAK rebuttal hasn’t been released just yet. We have received word that it will be released by the end of the week.

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Gevo Inc GEVO Stock News

Gevo, Inc. (NASDAQ: GEVO)

I’ve been receiving several messages from friends at Stock Twits asking when I was going to speak with Gevo in another interview. While I have reached out to the company several times, I have not received a response. Unfortunately, the company has gone silent. Outlining one of two primary issues that the stock is facing today. Nonetheless, yesterday, the company announced yet another public offering, outlining the second issue, and causing the stock to fall dramatically. Today, we’ll discuss the two big issues with GEVO, what we’re seeing from the stock today, and what we’ll be watching for ahead.





The First Problem I See With GEVO

The biggest issue that I see with regard to Gevo, Inc revolves around the company’s communication with investors. Previously, I tried to open this door of communication by doing interviews, asking investors for questions, and making sure they were covered. However, as of late, this door has been closed. I’m not quite sure as to why, but I can’t seem to get in touch with the company for another interview.

The problem, however, isn’t that GEVO won’t respond to CNA Finance requests for interviews; the problem is bigger than that. Let’s face it, I love what I’ve built here, but there are other ways to communicate with investors. Press releases, social connections, and email are just a few. Unfortunately, the company seems to be foregoing communication with its investors, and that in itself is a major concern. Essentially, it’s like GEVO wants investors to take the little information they receive from the company at face value without asking questions. Unfortunately, the world of investing just doesn’t work that way.

The Second Issue The Company Faces

The truth is that Gevo needs money in order to do everything it wants to do.  Of course, there are several ways to go about raising funds. However, the favorite among management at the company seems to be to take advantage of investors by diluting the stock. In fact, they did so just yesterday after hours.




In after hours yesterday, GEVO announced yet another proposed public offering of common stock and warrants. The company said it plans to use the money to pay down part of the outstanding debts as well us use the remainder as working capital.

So, what size is the offering? How much dilution will we see? Well, in true GEVO fashion, that question is yet to be answered. The company announced the offering but failed to specify the size of the offering, pointing to the issue mentioned above.

What We’re Seeing From The Stock

At this point, it’s clear that investors are tired of the dilution. When Gevo, Inc needs money, they reach into investor pockets, and investors just aren’t having that anymore. As a result of the offering, the stock fell dramatically. In fact, at the moment (12:23), GEVO is trading at $1.60 per share after a loss of $0.73 per share (31.33%) thus far today.

Final Thoughts

The truth is that I love the product that Gevo has amassed. It’s a much needed product, given the environmental concerns of today. Not to mention, the company is much further along than much of its competition. However, a product can only get a company so far. Throughout the past year, GEVO has concerned investors with their inability to communicate. On top of that, the company has diluted the stock in a big way! At this point, investors aren’t sure what to expect, and with the company’s eerie silence, they’re starting to expect the worst!

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Uranium Resources, Inc. URRE Stock News

Uranium Resources, Inc. (NASDAQ: URRE)

Uranium Resources is having an incredibly strong day in the market today. At the opening bell, the stock was already trading slightly in the green. From there, it went on a mad-dash upward that has continued throughout most of the morning. Today, we’ll talk about what we’re seeing from URRE, why, and what we’ll be watching for ahead.





What We’re Seeing From URRE

As mentioned above, Uranium Resources is having a great day in today’s trading session. Early on, the stock started the day off in the green. Throughout the morning, we’ve seen a continuation of gains, only expanding the profits. As a result, at the moment (11:47), URRE is trading at $2.57 per share after a gain of $0.22 per share or 9.37% thus far today.

Why The Stock Is Making A Run For The Top

As is just about always the case, our partners at Trade Ideas were the first to inform us of the gains on URRE. As soon as they did, the CNA Finance team started digging to see why the stock was making a run for the top. It didn’t take long to dig up the story. In this particular case, the gains seem to be the result of an article on Seeking Alpha that outlines Uranium as the ultimate contrarian investment.




You see, Uranium Resources and others have had a hard time since the Fukushima disaster that took place in 2011. However, many are starting to argue that in December, the price of uranium hit its bottom in December of 2016.

At the end of the day, investors have been concerned that demand for Uranium would fall off as nuclear energy moves from being the first choice to, for many, the last choice. Nonetheless, experts point to the fact that we’re seeing quite a bit of reactor construction in China, which should ultimately lead to an increase in demand for uranium. Ultimately, this should send URRE higher.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on URRE. In particular, we’ll be watching for further news with regard to reactor construction in China, and how that equates to higher demand for uranium. Nonetheless, we’ll be keeping a close eye on the news and we’ll continue to bring it to you as it breaks!

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Aqua Metals Inc AQMS Stock News

Aqua Metals Inc (NASDAQ: AQMS)

Aqua Metals had an incredibly strong day on Friday on the announcement of a large stake purchase. However, today didn’t look like it was going to be great. Nonetheless, things aren’t always as they seem. After starting the day in the red, the stock made a quick run for the green. Since then, we’ve seen strong gains throughout the day. Below, we’ll talk about what we’re seeing from AQMS, why, and what we’ll be watching for ahead.





What We’re Seeing From AQMS

As mentioned above, Aqua Metals didn’t look like it was going to have the best of days in the market today. In fact, when the opening bell rang, the stock was trading in the red. However, in no time at all, the stock ran to the green. From there, we’ve seen a continuation of strong gains, leading to what’s shaping up to be an incredible day. At the moment (10:14), AQMS is trading at $17.96 per share after a gain of $1.72 per share or 10.59% thus far today.

Why The Stock Is Heading Up

As is almost always the case, our partners at Trade Ideas were the first to alert us of the upward run on AQMS. As soon as we got the alert, we started to dig to see exactly what was causing the movement. It didn’t take long to uncover the story. The gains are ultimately the result of excitement surrounding a coming conference call.




In a press release that was offered early this morning, Aqua Metals announced that it would be hosting a conference call tomorrow, February 14th, 2017. The call well be held at 8:00 pm Pacific time. During the call, the company will offer an overview of financial results for the fourth quarter and full year. If you’d like to join the call, use, you can call local to (888) 740-6138. To call internationally, use (913) 312-0653. When you call in, use 9432739 as the pass code.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AQMS. In particular, we’ll be listening to the conference call as we are excited with what the company will have to offer. We’re also watching the wire for more news with regard to the Friday purchase announcement. Nonetheless, we’ll keep a close eye on the news and bring it to you as it breaks.

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Aqua Metals Inc AQMS Stock News

Aqua Metals Inc (NASDAQ: AQMS)

Aqua Metals is having an incredibly strong day in the market today, and for good reason. It was announced that a large stake in the stock has been purchased. As a result, the stock started the day well into the green, and while it’s seen it’s ups and downs, it is still trading with impressive profits. Below, we’ll talk about what we’re seeing from AQMS, why, and what we’ll be watching for ahead.





What We’re Seeing From AQMS

As mentioned above, Aqua Metals is having a great trading session in the market today after an early morning announcement of a large share purchase. As a result, the stock was already trading on impressive gains when the opening bell rang. From there, it has seen ups and downs, but has held onto the profits, for the most part. At the moment (10:29), AQMS is trading at $14.29 per share after a gain of 25.21% thus far today.

Why The Stock Is Climbing

As is almost always the case, our partners at Trade Ideas were the first to inform us of the gains on AQMS. As soon as they did, the CNA Finance team started working to see what was causing the movement. In this particular case, it felt like it took no time at all, as the story jumped out at us. Ultimately, the gains seem to be the result of a large stake purchase announcement.




Early this morning, it was announced that a 5% stake in Aqua Metals has been purchased. The purchase was made by Johnson Controls. The ultimate goal of the purchase is for Johnson Controls to give a boost to its battery business. Of course, this is incredibly good news, as this type of purchase is usually a strong signal of growth ahead.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping an incredibly close eye on AQMS. In particular, we’ll be watching the relations with Johnson Controls and digging to get further details as to what this will result in. We’ll be watching the news closely and bringing it to you as it breaks!

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Kitov Pharmaceuticals Holding Ltd KTOV Stock News

Kitov Pharmaceuticals Holding Ltd (ADR) (NASDAQ: KTOV)

While the rest of the market has opened and is moving for the day, that can’t be said for Kitov Pharmaceuticals Holdings. By the time the opening bell rang, the stock was halted. Unfortunately, pre-market didn’t look so hot. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to KTOV ahead.





What We’re Seeing From KTOV

As mentioned above, when the trading session started for the rest of the market, Kitov Pharmaceuticals stuck back. Unfortunately, the stock was halted after a massively bad pre-market. News was announced surrounding the CEO of the company, sending the stock down in a big way. In fact, at the moment, KTOV has been halted at $1.85 per share after a loss of 27.54% thus far today.

Why The Stock Is Halted

As is usually the case, our partners at Trade Ideas were the first to notify us of the halt on KTOV. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. It didn’t take long to uncover the story. Unfortunately, there is quite a bit of bad news surrounding the CEO of the company.




At the moment, stories are breaking that the CEO of KTOV has been detained. According to the breaking news, the detention of the CEO at Kitov Pharmaceuticals is the result of fraud allegations, and he is currently being questioned. Unfortunately, we do not yet have any news with regard to details of the fraud.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on KTOV. In particular, we’re watching to see what happens with the fraud investigation and how this correlates with what we can expect to see from the company ahead. We’ll be watching the news closely and bringing it to you as it breaks!

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Amyris Inc AMRS Stock News

Amyris Inc (NASDAQ: AMRS)

Amyris is one of my favorite companies to watch. I started to follow the stock last year, and I was astounded by what I found. With strong collaborations and products hitting the market, the company seems to be on the right path. Recently, I’ve received a few emails from followers asking if I still have the same opinion of the company. In short, the answer is YES! Today, we’ll talk about the three biggest reasons why I’m expecting to see AMRS gains ahead.





Reason #1: Work Done By AMRS In 2016 Will Likely Lead To Massive Profits Ahead

In previous articles, which can be viewed by clicking on the ticker tag link at the top of this article, I made it a point to outline recent collaborations and the potential for these collaborations to turn into revenue for Amyris. Now, the company has products that are starting to hit the market, which will likely turn this revenue potential into a reality.

As a result of these collaborations and launching products, AMRS is expecting to see massive revenue growth over the next 3 years. In fact, the company recently said that it is expecting to grow its revenue to $600 million by the year 2020. That’s a massive jump from the 2017 revenue expectation of $87 million.

Reason #2: Coming Earnings Will Likely Rally The Troops!

Lately, things haven’t been looking great for the stock. Due to recent moves leading to dilution, shorts have been all over this thing for a couple of weeks now. However, I believe that this is going to change very soon. In fact, on March 2nd, AMRS will be releasing its earnings report for the fourth quarter and full year.

This report is likely to be a big one for Amyris. In fact, if the company is able to hit its own projections, it will report a record quarter and full year. It is also expected – by investors and analysts alike – that the company will announce strong guidance, mirroring the path toward the strong growth projections through 2020. If all goes as planned, this report is likely to send the stock skyrocketing as confidence is reinstated in the minds of AMRS investors.

Reason #3: The Books Are About To Get Cleaned!

It’s no secret that AMRS could be doing better when it comes to the books. At the end of the day, there is fat to be trimmed and money to be saved. However, it looks like that’s likely to happen sooner rather than later. Recently, the company announced the appointment of Kathleen Valiasek as the new Chief Financial Officer.

Valiasek is a senior finance and business executive. She brings with her 20 years of experience in assisting start-up, venture-backed, and Fortune 500 companies. This experience will be great for the company, and likely lead to a better overall financial position ahead. In a statement, Valiasek had the following to offer with regard to her new position within the company:

I’m excited to join Amyris at a time when it is so well positioned as a leader in the sector by nature of its strong technology platform and revenue growth rate… I look forward to leveraging my skill set to continue to improve the company’s operating metrics, balance sheet and financial position.”




Don’t Listen To Me, Listen To The CEO

It’s clear that management at AMRS is incredibly happy about the direction of the company. In fact, in a press release that was released a few days ago, John Melo, President and CEO at AMRS, had the following to offer:

We are pleased to have achieved a record year of revenue growth, and having completed all of the 2016 strategic milestones we set out too, and we continue to make good progress on our debt structure by having resolved our near-term debt maturity issues in pushing out approximately $44 million in debt as announced just before year end… Also, we are meeting our expectations in securing collaborations that will result in future product sales and this is accelerating our growth rate.

As one of the fastest growing companies in our sector we are now transitioned away from commodity-related product sales, which in 2016 comprised less than one percent of total revenue. During the year, our business was driven by robust product sales growth within the health and nutrition, fragrance and cosmetic ingredients and performance materials markets. This transformation along with growing recognition of our capabilities to disrupt large global markets has led to commercial momentum and more inbound business development inquiries than ever before, which will support another year of record revenue in 2017.

The Bottom Line

The bottom line here is that AMRS is in a position where growth is highly likely. With the strong collaborations the company has been getting involved in, and a continued drive to push toward further success, this stock looks like it’s likely to climb ahead.

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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...