NOTE: Not a recommendation to buy or sell stocks
The TFSA Letter Stock List is simply a list of stocks for a Tax Free Savings Account that could generate substantial capital gains. Stocks listed can be dropped or added back without notice depending on news flow and stock price changes. SOME STOCKS MAY BE SOLD IF STOCK RUNS UP BUT WILL REMAIN ON THE LIST IF THE STORY IS STILL GOOD AND THEY MAY BE BOUGHT BACK AGAIN IF STOCK DROPS TO ATTRACTIVE PRICE. DO YOUR OWN DUE DILIGENCE
Information on TFSA Letter Listed Stocks will be updated weekly…. Daily updates or news will be made on Twitter – @LetterTfsa
***ALERT – Where current stock price is shown in blue, stock has had a significant run since being listed and could be sold by TFSA Letter***
*Average Performance of Stocks in 2020 TFSA Stock List*
NOTE: Have added the – or + change in the stock price since last week’s price
Stocks (Stock Price When Listed) Current Stock Price Update
Aftermath Silver – AAG ($.285) – $1.17 (-$.05) – provided the results of a CIM compliant Mineral Resource estimate for the Challacollo silver-gold project, in Region 1 of northern Chile. Further details supporting the geological model, estimation procedure, sampling and metallurgical test work will be available in a NI 43-101 technical report.
ArcPacific Resources – ACP ($.08) – $.11 (+$.01) – announced it has completed an extensive data compilation program resulting in the identification of highly elevated gold, copper and silver occurrences spread across the 8,136 hectare Lucky Mike Silver Lode Project. The work program compiled all available data including 75 separate reports dating back as far as the 1950’s into a single merged database. This data includes 11,306 rock, soil, silt and core samples containing 280,716 values for multiple elements, and multiple historic geophysical surveys. ArcPacific is utilizing this information to perform extensive and in-depth detailed analysis which is presently underway.
Adriatic Metals – ADT.AX (AUS$2.05) –
Adamera Minerals – ADZ ($.04) – $.09 – reported that mapping and prospecting is identifying multiple areas of interest on the 100% owned Buckhorn 2.0 gold project in Washington State. A significant area of interest is the Keystone target (reported December 1, 2020). Another site is the historic Magnetic Mine area where Adamera rock samples have yielded some high copper, silver, bismuth, and tungsten values along with modest to anomalous gold values up to 1.4 g/t over a broad area of skarn that extends laterally for as much as 700 metres.
Artemis Gold – ARTG ($5.55) – $6.11 (-$.04) – presented key findings from ongoing metallurgical test work conducted that further support the upcoming Definitive Feasibility Study for the company’s Blackwater Gold Project in Central British Columbia, Canada. This latest campaign of test work continues to support the 93% life-of-mine gold recovery that was applied in the recently completed Pre-Feasibility Study dated August 26, 2020 entitled “Blackwater Gold Project British Columbia NI 43-101 Technical Report on Pre-Feasibility Study” filed on SEDAR by Artemis on September 18, 2020.
Aston Minerals (formerly European Cobalt) – ASO.AX – (A$.049) – A$.036 (+$.001) – announced that it has signed an exclusive option agreement to acquire 100% of the Edleston Gold Project located in Ontario, Canada. Managing Director, Mr Rob Jewson commented “The Edleston Gold Project is an advanced exploration opportunity with particularly exciting exploration upside potential. The work done to date has outlined a significant mineralised system which can be effectively targeted using IP geophysics. To date only 540m of strike has been tested along a corridor with multiple moderate to strong IP conductors delineated along a total strike exceeding 3,300m. The extent of these anomalies at present are constrained by the extent of the IP surveys.” In excess of CDN$10M has been spent to date on primarily geophysical and drilling activities across the Edleston Project by 55 North Mining Inc (formerly SGX Resources Inc). Due to the lack of outcrop at surface, exploration has largely been driven by a combination of detailed magnetics to define the structural and lithological framework.
1911 Gold – AUMB ($.26) – $.465 (-$.025) – provided an update on the ongoing 18,000-metre drilling program on the 100% owned Rice Lake properties in Manitoba. The Phase II drilling program is primarily focused on testing high-grade targets in the Bidou and Tinney project areas that were identified in first pass drilling during the 2019-2020 Phase I program and were further delineated by 2020 field season results. A total of 6,075 metres in 24 drill holes have been drilled, with assays received for the first 1,779 metres from 6 drill holes
Bond Resources – BJB ($.16) – $.18 (-$.02) – announced that it has closed its non-brokered private placement, raising $2,366,392 in gross proceeds through the issuance of 15,775,947 units at a price of $0.15 per Unit. Each Unit is comprised of one common share and one common share purchase warrant, with each whole Warrant entitling the holder to purchase one common share of Bond at a price of $0.40 per share for a period of 2 years. Proceeds from the Financing will be allocated primarily towards the Company’s Mary K Project in Idaho, including bulk sample underground work and ore processing, and payment to property owners.
Condor Resources – CN ($.165) – $.285 (-$.005) – announced that Condor and Chakana Copper Corp. have agreed to a four month extension to the April 2017 agreement between their respective Peruvian subsidiaries. Under the original agreement, the final payment of US$4.625m by Chakana to Condor is due December 23, 2021. By mutual agreement, US$200,000 will be due by December 23, 2021, with the balance of US$4.425m due on or before April 23, 2022. Interim payments of US$150,000 (due December 2020) and US$200,000 (due June 2021) remain unchanged. In addition, Chakana has agreed that COVID-19 will not constitute a force majeure condition under the April 2017 agreement.
Canada Nickel – CNC ($.51) – $2.50 (+$.23) – announced excellent results from its latest metallurgical testing on its 100% owned Crawford Nickel-Cobalt Sulphide project. “The 52% recovery from a higher-grade core sample marks another excellent step forward for the Crawford project. Half of the recovered nickel is in a high grade concentrate at 37%; this result and other test work demonstrates our ability to deliver 40-50% of the recovered nickel into a 35% nickel concentrate, which would be the highest grade nickel sulphide concentrate in the world, according to Wood Mackenzie. The standard grade concentrate delivered concentrate grade of 13%, in line with typical grades for most nickel sulphide projects. Given the wide range of mineralogy in these types of deposits, the next phases of work will focus on continued flowsheet optimization and developing a broad base of test samples.” said Mark Selby, Chair & CEO.
Cornish Metals – CUSN ($.125) – $.17 – (+$.045) – announced that Barkerville Gold Mines, a wholly owned subsidiary of Osisko Development Corp (TSX-V:ODV), has exercised 9,577,143 previously issued common share purchase warrants for gross proceeds of $670,400 to the Company. Such warrants were issued pursuant to the Company’s private placement financing completed on February 3, 2020. As a result of the exercise, Barkerville now owns 53,833,333 common shares of the Company, representing 35.97% of the issued capital Cornish Metals.
Dore Copper – DCMC ($.85) – $.74 (-$.01) – announced results from its 2020 drilling program at the Joe Mann property located approximately 60 kilometers south of Chibougamau, Québec. The Joe Mann property comprises 1,990 hectares and includes the Joe Mann former producing mine, which is under an option agreement announced on January 2, 2020. The Joe Mann mine was one of the highest-grade gold mines in Canada, producing 1.2 million ounces of gold at a grade 8.26 g/t between 1956 and 2007. It is located approximately 60 kilometers south of the Company’s Copper Rand mill (2,700 tpd), where the ore from Joe Mann was processed from 2004 until its closure in 2007.
Dios Exploration – DOS ($.095) – $..085 (+$.005) – completed six drill holes totaling 1761 meters testing 3 different geophysical targets (PP1, PP2, PP5) over a 500m by 1.5 km sector in non-outcropping WI-TARGET area. Many mineralized altered zones were observed in the core. Part of core samples is already sent for gold assaying in Val d’Or ALS. two more holes are planned on PP5 and two more on ATTILA target located 7km east.
Dolly Varden – DV ($.275) – $.73 (+$.07) – announced the acquisition of surface rights and fee simple lands within the community of Alice Arm located on the Pacific Ocean in Northwest BC, in support of exploration infrastructure. The town of Alice Arm was originally developed in the early 1900’s to support silver mining in the area.
Cartier Resources – ECR ($.15) – $.29 (+$.01) – commenced drilling on the Benoist Property, located 65 km northeast of Lebel-sur-Quévillon in the province of Québec. The program follows the maiden NI 43-101 Resource Estimate published December 17th 2020. Two drill rigs with directional drilling crews will be employed to complete the four-phase program for a total of roughly 30,000 m.
FenixOro Gold – FENX ($.245) – $.315 (-$.015) – announced additional high grade intercepts and the discovery of new, previously unknown gold bearing veins at the early stage Abriaqui Project in Antioquia State, Colombia. These assays represent additional results from hole P001001 and preliminary results from holes P002001, P003002 and P004002. Highlights include: A total of nine veins were intersected in P001001 with previously unreported intercepts including: 1.30 meters at 28.18 g/t gold from 381.7 meter depth including 0.50 meters at 71.9 g/t gold and 60.2 g/t silver; Ten additional veins intersected in holes 002-004 with grades up to 18.55 g/t gold. Four additional zones 7 meters to 10 meters thick intersected lower grade gold.
Fremont Gold – FRE – ($.07) – $.095 (+$.02) – announced that Mac Jackson, the former Chief Geologist of Gold Standard Ventures Corp., has joined the Company’s advisory board. Mr. Jackson directed the technical work at Gold Standard’s Railroad-Pinion project, which resulted in several new discoveries, including the Dark Star deposit.
Angus Gold – GUS ($.80) – $.59 (-$.06) – announced that it has completed the acquisition of the Macassa Creek, Mishi Lake and Abbie Lake Properties from Argo Gold Inc. previously announced in the Company’s November 16, 2020 news release. Under the terms of the purchase agreement, Argo received a cash payment of $100,000 and 800,000 common shares of Angus in exchange for 100% ownership in the Properties.
Highland Copper – HI ($.075) – $.065 (-$.005) – announced that the deadline to complete the acquisition of the White Pine North Project from Copper Range Company, a wholly owned subsidiary of First Quantum Minerals Ltd., was extended to March 31, 2021. The final closing of the acquisition is subject to a number of conditions, including, without limitation, a release of CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site and replacing the related environmental bond. The Company is advancing the various steps required for the closing and aims to complete the acquisition of the White Pine North Project by the end of January, contemporaneously with the exercise by Osisko Gold Royalties Ltd of its silver royalty option (see news releases of September 11, 2020 and November 2, 2020).
Kalamazoo – KZR (Australia) – (A$.79) – A$.57 (-$.06) – identified a broad epizonal gold-antimony mineralised system, at its South Muckleford Project that is similar to that seen at the nearby Fosterville and Corsterfield deposits in Central Victoria.
Minera Alamos – MAI ($.66) – $.66 (+$.02) – announced that it has filed on SEDAR the results of the independent Technical Report and estimate of the Mineral Resources for the Cerro de Oro Project in Zacatecas, Mexico. The results of the resource estimate were previously discussed in the Company’s news release dated November 17th, 2020 and the report is effective as of November 16th, 2020
Metals X – MLX (Australia) (A$.076) – A$.17 (+$.035) – announced that it, along with its wholly owned subsidiary, Paterson Copper Pty Ltd, has entered into a binding terms sheet with Capircorn Copper Holdings Pty Ltd and its parent entity, EMR Capital Investment (No6B) Pte Ltd, detailing the material terms and timing for payment of the A$10 million Conditional Copper Price Payment pursuant to the Mt Gordon Sale Agreement for the now-named Capricorn Copper Mine *Spot price of tin AUS $28,510/t – +AUS $560/t
Mydecine Innovations – MYCO ($.44) – $.54 (-$.01) – an emerging biopharma and life sciences company committed to the research, development, and acceptance of alternative nature-sourced medicine for mainstream use, has been included in the first-ever Psychedelics Exchanged Traded Fund (ETF). The Horizons Psychedelic Stock Index ETF index, which was announced in December 2020 and includes 17 companies in the U.S. and Canada, is expected to start trading on Tuesday, January 26 under the ticker PSYK on the NEO exchange.
Northisle Copper and Gold – NCX ($.12) – $.35 – announced that it has retained PI Financial Corp. to provide market making services in accordance with TSX Venture Exchange policies. PI will trade the securities of Northisle on the TSX-V for the purposes of maintaining an orderly market. In consideration of the services provided by PI, the Company will pay PI a monthly cash fee of $4,000 for a minimum term of three months, commencing January 1, 2021, and renewable thereafter. Northisle and PI are unrelated and unaffiliated entities. PI will not receive shares or options as compensation. The capital used for market making will be provided by PI. Northisle also announced the issuance of 1,390,000 stock options to purchase an aggregate of 1,390,000 shares of the Company at an exercise price of $0.28 per share, which is the closing price for the Company’s shares on the TSX-V as of December 30, 2020. The options have a 5 year term and vest one third per year commencing on December 29, 2020.
NeonMind Biosciences – NEON – ($.235) – $.27 (+$.035) – announced its partially owned subsidiary NeonMind (CSE: NEON) has common shares now trading on the Frankfurt Stock Exchange under the symbol “6UF“. As a result, NeonMind’s common shares are now cross-listed on the Canadian Securities Exchange and the FSE. Shares of Better Plant are available on the FSE under the symbol “YG3“.
Precipitate Gold – PRG ($.125) – $.225 (-$.01) – announced that Barrick Gold Corporation has mobilized two drill rigs to the Company’s Pueblo Grande Project to commence an initial phase of exploration drilling. Barrick has also provided Precipitate an update on exploration activities conducted to date as part of its earn-in agreement whereby Barrick has the right to earn a 70% interest in the Company’s Pueblo Grande Project located immediately adjacent to Barrick’s world-class Pueblo Viejo gold-silver mine in the Dominican Republic. Barrick has advised Precipitate that it will initiate a first phase exploration drilling program of up to 3,750 metres in 12 to 15 holes testing targets within the area the Company delineated as the “Lithocap Zone”, located immediately west and northwest of Barrick’s Pueblo Viejo mine.
Quebec Precious Metals – QPM ($.25) – $.23 – provided four additional drill results from the 19-hole summer and fall diamond drilling program at La Pointe Extension on the Sakami Project in Quebec’s Eeyou Istchee James Bay territory. The program aimed to expand and define the 600 m strike length of mineralization discovered during the 2020 winter campaign at la Pointe Extension. A total of 4,912 m in 19 holes were completed during this campaign. Results from five holes are pending. A new high grade zone was intersected in hole PT-20-173 located 110 m northwest of the interpreted La Pointe Extension discovery (see press release dated April 21, 2020). The zone is in a metric-size felsic intrusive dyke hosted in amphibolite. The gold-bearing rock contains traces of pyrite and molybdenite with moderate silica and sericite alteration. The continuity of this mineralization remains unknown and will be investigated in 2021.
Rockcliff – RCLF ($.07) – $.075 (+$.005) – announced the filing on SEDAR of the Preliminary Economic Assessment and accompanying Technical Report for the Company’s 100% owned Tower and Rail Project. The report, entitled “NI 43-101 Technical Report Preliminary Economic Assessment of the Tower and Rail Project, Manitoba Canada” is dated January 12, 2021 and was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by the independent firm of BESTECH.
RJK Explorations – RJX.A ($.19) – $.25 – announced that the Company has discovered a new kimberlite associated with Lightning Lake, and the east-west Schumann Arch Fault, in its ongoing drilling program in Lorrain Township, 9 km south of the Historic Cobalt Mining Camp. The first drill hole intersected 7 m of kimberlite under 1.5 m of overburden terminating in diabase bedrock at a depth of 8.5 m. A second hole intersected 1.3 m of kimberlite and a third hole returning 0.5 m of kimberlite. The intersections are located within an electromagnetic (EM) conductance target associated with Lightning Lake, with the majority of the target underlying the lake. Five holes failed to intersect kimberlite testing the edges of the anomaly. Additional drilling will be done at a later date to define the boundaries of the target. The kimberlite visually compares to the Paradis, Gleeson, Robin’s Place, and HSM kimberlites.
Royal Road Minerals – RYR ($.39) – $.32 (+$.005) – announced that it has entered into a binding letter of intent with Mineros S.A., pursuant to which the Company has agreed to sell to Mineros its entire 50% interest in the Luna Roja Project, comprising the Monte Carmelo I and Monte Carmelo II mining concessions, in Nicaragua. 1. Purchase Price – Mineros will pay to the Company a purchase price of (i) US$22.5 million payable in cash on the closing of the proposed transaction, plus (ii) a 1.25% net smelter royalty on all future mineral production from the Monte Carmelo I and Monte Carmelo II mining concessions commencing from the first production therefrom. 2. Expenditure Commitment – The Company will invest no less than US$7.5 million over a five-year period in exploration operations on the strategic alliance properties in Nicaragua.
Silver Sands – SAND ($.28) – $.26 (-$.025) – reported results from the initial six diamond drill holes, representing 903 m (32%) of the 2,831 m Phase I exploration program completed in Q4 2020 at the Virginia Silver project, located in Santa Cruz province, Argentina. The DDH completed at Martina and Ely Central clearly show the potential for significant new mineralization outside the current resource area. An additional twelve DDH for 1,928m have assay results pending and will be reported as results are received.
Scottie Resources – SCOT ($.185) – $.24 (-$.02) – reported assay results for the first ever drill program at the Domino Zone, including a high-grade intercept of 12.4 g/t gold and 8.7 g/t silver over 2.69 metres in which the hole ended in mineralization at a depth of 121.5 metres. Drilling also revealed near surface mineralization grading 19.9 g/t gold and 71.6 g/t silver over 0.94 metres hosted in a wider zone of moderate mineralization grading 2.48 g/t gold and 8.63 g/t silver over 15.46 metres. The Domino Zone was discovered in 2019, when high-grade surficial samples (up to 536 g/t gold) were collected in an area of recent glacial retreat. The zone is located on strike, 2 kilometres west of the known high-grade deposit of the past-producing Scottie Gold Mine.
TAG Oil – TAO ($.05) – $.295 (-$.01) – reported the filing of its second quarter results for the interim period ending September 30, 2020. Highlights over the period include: at September 30, 2020, the Company had C$15.1 million (June 30, 2020: C$15.0 million) in cash and cash equivalents and C$17.6 million (June 30, 2020: C$17.4 million) in working capital. The Company has no debt; capital expenditures totaled C$0.05 million for the quarter ended September 30, 2020, compared to C$0.10 million for the quarter ended June 30, 2020. Most of the expenditures during the quarter related to the ATP 2037/2038 seismic acquisition program for 2021.
Tombill Mines – TBLL ($.30) – $.26 (-$.01) – announced it has started its drilling program at Tombill Main Group, following the appointment of Forage M3 Drilling Services Inc. and Nordmin Engineering Ltd. to undertake drilling and exploration. The Company also welcomes the new strategic ownership of Greenstone Gold Mines, comprising its Hardrock Project. Commencement of Phase 1 drill campaign: Targeting ~16,000 metres; Appointed experienced execution teams to undertake the exploration program: Highly capable and Geraldton seasoned drilling team from Forage M3; Respected geological consultancy group Nordmin will manage the program alongside Tombill’s team
American Pacific Mining – USGD ($.155) – $.155 – provided an update on exploration progress at the Gooseberry Gold-Silver Project, located in Nevada and under joint venture earn-in agreement with privately-owned, GRAC Global Resource Acquisition Corp. A 12-hole diamond drill program is planned for early Q2, 2021 at the Gooseberry Gold-Silver Project, a low sulphidation, epithermal vein system encompassing the historical Gooseberry silver-gold mine in Storey County, Nevada. The past-producing underground silver and gold mine operated for nearly a century between 1900’s and 1990’s, after which mining ceased due to low precious metals prices. No meaningful modern exploration work has been done on the project since 1994.
VR Resources – VRR ($.35) – $.32 (+$.02) – provided a year-end update for a busy year of exploration in the field at the Company’s Reveille silver-copper property located along the eastern margin of the Walker Lane mineral belt in west-central Nevada. A total of 166 soil samples and 63 rock samples have been collected specifically over the western flank of the Reveille range during the last three weeks.
Group Eleven – ZNG ($.05) – $.09 (+$.005) – announced the closing of the second and final tranche of a non-brokered private placement through the issuance of 11,492,384 shares at a subscription price of $0.065 per share for aggregate gross proceeds to the Company of $747,005. All currency is denominated in Canadian dollars. Proceeds from the Offering will be used to fund further mineral exploration on the Company’s projects in Ireland, including drilling at the Company’s Carrickittle zinc-lead prospect, as well as, general and administrative purposes.
OIL & GAS STOCKS
All have RECOVERED recently, ARE SOME going still higher?
Stock – Current Stock Price – Dividend Yld
Gas – BIRCHCLIFF ENERGY – BIR – $2.09 (-$.29) 1% DIV
Free Cash Flow – CRESCENT POINT – CPG – $3.80 (+$.09) .3% DIV
Rebuilding – KELT EXPLORATIONS – KEL – $1.93 (-$.25)
Oil – MEG ENERGY – MEG – $4.95 (+$.31)
Gas – NUVISTA ENERGY – NVA – $1.08 (-$.10)
Take Out Candidate? – TAMARACK VALLEY – TVE – $1.42
Go To Oil Stock – WHITECAP RESOURCES – WCP – $4.92 (-$.24) 3.5% Div
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