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Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes medium to high-grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) southwest of Anglo American’s porphyry copper discovery at Jaca. Its Apiacas project comprises a package of properties covering seven main target areas which constitute the Apiacas district. The Apiacas project is located about 50 km west of Cajueiro project within the Alta Floresta Belt, an 82,000 ha land package. Its other projects include Colider, Nova Canaa and Porta Aberta. The Porta Aberta project is located approximately 13 km south-southwest of the Cajueiro project.


TSXV:ALTA - Post by User

Bullboard Posts
Post by backflipson Aug 18, 2015 11:37pm
141 Views
Post# 24030317

ITS ALL NOISE !

ITS ALL NOISE !

Market Call:

For video, market analysis and more click here

Richard Croft, president, RN Croft Financial Group

FOCUS: Options & ETFs

Market outlook:

If we can gleam anything in 2015 it is the wide chasm separating noise and reality. Global stock markets have been subjected to noise in the form of macro-economic events, political nuance and behavior shifts. Comments from analysts suggesting we are experiencing a seventh inning stretch may be true. But given the anemic growth rate since the financial crisis, I would argue that we are playing a fifteen inning game. The critical fundamentals belie the late in the game analogy. S&P 500 companies are accessing cheap credit and cash reserves to buy back their own stock and with more than USD$1.75 trillion in cash reserves, there is no end in sight. Mergers and acquisitions have returned to pre-crisis levels. Aetna’s takeover of Humana being the latest in a long string of corporate deals with more to come if we are to believe surveys of corporate executives. Sentiment remains positive as momentum stocks, which thrive in a low volatility low interest rate environment, continue to stand out. Retail investors still fear a major correction while corporate insiders have been net buyers and advisory newsletters are equally split between bulls and bears. Equally constructive is the interest rate environment. It is not about when the Fed raises it is by how much. To that point barring any unforeseen event, don’t look for further rate hikes until late 2016 or early 2017. All of which implies more to come probably beginning in the second half of 2015 or early into 2016.

Bullboard Posts