It’s been a busy week for the markets, which means a busy week for the Bullboards. From new sector mainstays to sudden investment opportunities, we saw a bit of everything over the last week.
On our weekly Buzz on the Bullboards review, we dive into some of the most popular companies on Stockhouse. It gives us a chance to see where the community feels the rising players are headed, and where the investment opportunities lie.
This week, we highlight three companies that have recently generated a consistent amount of investment attention. Even though they’re all on different trajectories, each one has its own attractive quality that has drawn users to figure out where they’re headed.
New Found Gold (TSXV:NFG Forum) has announced the prospective results from six drill holes on its Queensway Project in Newfoundland and Labrador.
The drilling tested the west side Appleton Fault Zone (AFZ).
A near-surface high-grade gold discovery known as Keats West was found west of the AFZ. Intercepts include 17.87 grams of gold per tonne over 4.20 metres in NFGC-22-681 and 10.36 grams of gold per tonne over 10.50 metres in NFGC-22-686.
The two intercepts are about 50 metres apart along strike within an extensive brittle fault zone. The new structure strikes to the northwest dips moderately to the southwest and is open in all directions.
A top aerospace company has audited PyroGenesis Canada Inc. (TSXV:PYR, Forum) metal powder production facility in Montreal.
The aerospace client is a leader in the design, engineering and manufacturing of aircraft, aerospace technology and defence solutions.
The audit is part of the final phase of the client’s qualification process, which has spanned over 18 months towards PyroGenesis becoming an approved supplier of metal powders to the client and its suppliers.
PyroGenesis is making requested modifications and adjustments to proceed with the delivery of final titanium powder samples for chemical and mechanical testing. The company estimates final submission and approval by Q4 2022 or Q1 2023.
The company’s NexGen manufacturing process uses wire as a direct feedstock for high-temperature plasma atomization, which exponentially improves the world’s leading metal powder production process in terms of cost, production speed and particle size control. This makes PyroGenesis well-positioned to capture a significant share of the global titanium powder market.
TAAT Lifestyle & Wellness Ltd. (CSE:TAAT, Forum) was a sponsor of the Boundary music festival in Brighton (population 290,000).
The company is scaling its marketing efforts targeted toward adult smokers in the United Kingdom as a greater supply of TAAT is set to enter the market, following the largest shipment of TAAT to the U.K. to date.
Boundary is a one-day festival at Stanmer Park, which expanded the size of its outdoor venue space this year. TAAT’s UK distributor Green Global Earth (GGE), recognized the opportunity to capitalize on the event’s outdoor environment where smoking is permitted to gain awareness and trial among adult smokers attending the festival.
Coming out of a shortened week on account of the long-weekend, next week should bring a return to relative normalcy. We see how the major sectors are faring in October, and which companies the Bullboards are focused on for the autumn trading season.
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