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    Home🔹Analysts' Ideas🔹These Two Junior Resource Sectors are Witnessing a Surge in M&A/Financing Deals
    Analysts' Ideas of the Week

    These Two Junior Resource Sectors are Witnessing a Surge in M&A/Financing Deals

    Published: 12/19/2023

    Author: Sid Rajeev, B.Tech, CFA, MBA

    Main image for These Two Junior Resource Sectors are Witnessing a Surge in M&A/Financing Deals
    *Articles and research coverage are paid for and commissioned by issuers. See the bottom and below for other important disclosures, rating, and risk definitions, and specific information.

    Summary

    1. In line with our prediction, the Bank of Canada kept its rate unchanged last week; we anticipate a similar decision from the Fed this week
    2. We anticipate a relatively hawkish stance from the Fed amid robust macroeconomic data, likely boosting the US$, while exerting downward pressure on gold/silver prices, and equities
    3. A cobalt junior under coverage has secured funding from the Canadian government to conduct metallurgical tests
    4. A favorable turn of events for Canada’s largest Mortgage Investment Corporation
    5. Bitcoin (BTC) prices were down 3% last week; our models suggest additional downside potential

    Summary

    1. In line with our prediction, the Bank of Canada kept its rate unchanged last week; we anticipate a similar decision from the Fed this week
    2. We anticipate a relatively hawkish stance from the Fed amid robust macroeconomic data, likely boosting the US$, while exerting downward pressure on gold/silver prices, and equities
    3. A cobalt junior under coverage has secured funding from the Canadian government to conduct metallurgical tests
    4. A favorable turn of events for Canada’s largest Mortgage Investment Corporation
    5. Bitcoin (BTC) prices were down 3% last week; our models suggest additional downside potential

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