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Gold or Cryptocurrency which looks better Now

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A Good Opportunity Dec.14/2024

Payfare has been on the TSX for about 7 years.It has grown in revenues and earnings over this period.And it has made a number of solid business relationships. It is a fintech company and offers digital banking solutions primarily to gig workers but also to ordinary customers.One of these relationships, (the biggest) is Doordash.But Doordash has decided to end this relationship in early 2025.As a consequence the share price has fallen from about $8.50 to $2.00 in a short period of time.However it has now recovered since the low to a price of $2.25 per share.Now Payfare is looking at their options-both domestically and internationally.At the same time they have improved their software platform. Their service is now slightly faster and improved but at the same price. This presents a good chance for a solid competitor like Propel Holdings to take a substantial position and get it at an undervalued share price.As it would be this blog's idea that Payfare share price might vault up to the $5 area by the spring of 2025.Consequently the investment would double in value.This would also put them in a position to increase their share and influence in the future and perhaps increase their market share.

Dale Mcintyre is a freelance writer that writes blogs for Marketbeat and Yahoo Finance.

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Tumblr and Pinterest

I used to use both Pinterest and Tumblr as a way to introduce or lead into some of my serious subjects that I covered on the more com plete websites (for my work at least).But Pinterest has not allowed access and I only had a few blogs on it.So I decided to abandon it and use Tumblr in a more serious way.The problem that I have with Tumblr is getting images into my blogs and directing who I can send my blog to.I have no control over who receives my Tumblr blogs.At least at this time!

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Is Tucows for sale now?

Tucows is a Canadian low - tech software company.It seems to have almost no operations except for providing domains to internet users.It has two subsidiaries called Wavelo and Ting which are internet providers for one or two small towns in southern U.S.A. But Tucows has reported that it sold them yet apparently is still getting revenues from both.It says it has reduced debt but it also issued $62 million of unsecured notes.At this time it has only 10 million shares and would be easy to acquire as their stock price has fallen from $90/share a year ago to $25/share now.But the question is -where will the share price go after a weak Q3 report?

The Q3 Financial Report

Their Q3 report showed revenues flat since Q3 2023.The loss from operations and consolidated loss has been constant since 2023.As has their outstanding shares and salaries for their 9 board members (about $500,000-$700,000) .This blog has repeatedly suggested that they acquire a small software company in order to diversify their business model.But there have been no changes for 2 to 3 years.So the question becomes this -- is Tucows advertising to interested parties that it really is for sale

Dale Mcintyre M.S.Sc(econ) is a freelance writer that writes for websites such as Marketbeat.com and Yahoo Finance.

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Denison Mines joins the Nasdaq (sort of)

Denison Mines has been working extensively on it’s Exploratory Properties in Saskatchewan.There are 10 properties chief of which is the Phoenix property on their Wheeler River project.Denison Mines has put a very large part of it’s cash flow for several years towards developping these 10 properties.And it has been rewarded by the substantial runup in the price of uranium since it originally…

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A meeting is Arranged

I have been sending emails to the mayor of London,Ontario about my lawsuit against the city and the mayor of London.It was started quite awhile ago.I filed my claim in London court and served a copy on the city solicitor,James Barber.In actual fact the city didn't take it seriously and gave no defence.The claim was for $3 million.I made a motion for Summary Judgement and it should have been automatic as there was no defence.But a third party defence was presented by a St.Thomas lawyer called Bette Collard.Of coutrse, the defvence was invalid as a third party defence has no weight in the suit.In fact, Bette Collard lived in St.Thomas in Elgin county as we all know London is in Middlesex county.

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Algonquin Power tightens bolts on regulatory ops.

This blog (as well as LInkedin) has published several pieces on Algonquin Power (AQN).The kernel of these pieces was that AQN took a risk by tying up so much capital in the American regulatory utility scene.Return on capital is steady but slow in delivering.The summit came when AQN tried to buy a huge utility in Kentucky called Liberty Utilities.This was in 2022.Since then AQN has divested…

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The GST tax was introduced by Brian Mulroney in 1991.The HST tax was introduced in 2010 and this brought the HST tax to 13%.This has been a great" bread-winner" for both the federal and provincial government.But at what cost?For example, the Americans have decided to forego a consumption tax primarily because of the dampening effect on the economy.A dollar spent on consumption in U.S.A. has a greater impact on the economy than in Canada.And now in Canada the employment growth is sputtering.In fact, in May the labour force lost 14,000 jobs according to Statscan.This is something the Canadian economy cannot withstand for long.This blog believes that even the news that one of the political parties is considering reducing the HST to 9% where it was for years might be enough to give a spark to the employment situation. And the effect on tax revenues might not be disasterous as the increased personal income even at a lower rate of taxation might gradually be a net "win-win" scenario.That is the total tax take may start to be almost equal at the lower tax tax rate.One thing is for sure the increase in jobs with a 9% HST tax will be greater than with a 13% tax.This may even bring in more foreign investment as most foreign governments charge less than 13% and find such an onerous tax a drag on their Canadian investments.

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Steer Technology cleans up unprofitable subs

On May 23 Steer Technology(ARGH) released a press release that clarified the Steer Technology situation considerably.This was 7 days before their Q1 quarterly report.Most Steer shareholders knew that ARGH management had earlier sold 40% of one of their main subsidiaries called Food’s Up.But they also divested several of their subsidiaries that were draining corporate revenues.It has always been…

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Macro Winds favour Copper stocks

My recent blog on Pinterest March 22,2024) discusses the copper-gold ratio.And it says that the ratio will remain stable but the price of gold will likely continue upwards.So the conclusion of this blog was that gold will carry the price of copper as well as copper stocks up (probably over the rest of 2024).There are "macro winds" against the Canadian index as well as the Dow Jones and S and P indices.These "macro winds" will be buffeted by the winds favoured by growing profits,especially in the technology sector. Risk will be almost balanced by the positive and negative "macro winds"

Overall "macro winds" may be balanced but will still cause instability in all four north american indices.This blog believes that both prices of gold and copper will be volatile.But over the year both copper and gold will rise.Perhaps another 15-25% upwards.So this blog believes that the price of stocks such as Lundin Mining (LUN) and Hudson Bay Mining (HBM) and First Quantum (FM) will show slow but steady increases while paying reasonable dividends.The exception is First Quantum which no longer offers a dividend but above average price acceleration.

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Data Communications Management (DCM) is a small printing and digital electronics firm on the TSX (Cdn.Index).It has moved up in value since 2018.And it has increased it's operations, revenues and earnings over this time period also.DCM was trading in the $.75 to$.80 price per share.But it made a couple of small acquisitions in 2020 and 2021.In 2018 it was largely a printing operation with several plants scattered around southern Ontario.The price of it's shares moved up to$2.50 per share.But in 2022-2023 it made a large acquisition of a company called Moore Corp.

Moore Corp. was a good fit on paper.It had business forms and Dunn and Bradstreet operations.Analysts calcualted that it would have up to $35 million in synergies with DCM.These would be savings.This brought the price up to the $3.45 -$3.85 price range.Then DCM announced that it has sold (leaseback) Moore's two major plants. And this removed almost all of the debt acquired to snag Moore Corp.This will put them in a position to make another small tuck-in acquisition by early 2025.There are lots of small caps around with printing (business forms) and electronic assets.Such a small possibility is an American firm called VIQ Solutions baseds in the Las Vegas area.VIQ Solutions has fallen on tough times.Revenues have fallen as have earnings but with work this firm could further expand it's revenues as well as bring in American revenues to stabilize DCM operations.But DCM must steady this move at length before moving to Vegas.

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Kay Bob-the hot spot in the Duvernay Oil Patch

The Duvernay oil patch is a shale deposit and is the oldest oil field in Alberta.It is considered to be 230,000 acres in dimension with another 200,000 acres of prospective acres. The first oil well drilled in Alberta was the Leduc well drilled in 1947.However Leduc was considered a thin oil zone and started at only 5300 feetThe new Duvernay wells are directly below the original wells.They are…

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Algonquin Power still on the Regulatory Pathway

Algonquin Power (AQN) is a somewhat controversial stock.It is an utility but it’s price has not behaved like most utilities.This blog has written 3 earlier articles on AQN.The first was on July20,2016;the second was on November 9,2017 on my Econothon II website and lastly on October11,2020 on Linkedin.The stock was $14 in 2017 and moved up to $21 in 2020.It fell to $11.50 in March of 2023 and…

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LI-FT Power is a Rising Microcap

LI-FT Power (LIFT) is one of the newest listings on the TSX Venture exchange and has a market cap of $225 million.It is a tier1 microcap; meaning it’s market cap is between $200-$300 million.Over the past 3 years it has traded as high as $15 a share.But it has raised equity and diluted earnings so the price dropped. Now it trades at $5.75 a share.LIFT mines lithium at it’s mine near Yellowknife…

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Data communications Mgmt.(DCM) patiently awaits Q3 report

Data Communications Management had their Q2 report on August 10.And it was quite a good one.Investors drove the price up for the first two months.But October has been hard on the price of DCM shares.DCM has been as high as $3.25 per share but has fallen to a recent price of $2.70.This after having a tremenduous Q2 report and telling it’s shareholders that it had acquired a medium sized business…

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The Rejuvenation of Steer Technology

Steer Technology is a somewhat famous food delivery and ride sharing firm in Canada.Two years ago it traded on the TSX (Cdn. stock market) at $60 a share.But it's corporate reports showed false expenses and negative net income or profit.Gradually these phony reports upset shareholders so much that they drove the share price down to $.15 a share.

The price was coming down from $.45 at the start of Q2 until the quarterly report was released and the price which had held at $.15 per share for a short period of time dropped to $.07 per share.Several analysts (including me) called for the resignation of the CEO.A few days after the quarterly report of Steer Technology (STER) the CEO put out a press release saying that he stepped down as the Chief Executive Officer (CEO).The price moved up on this news to$.08 per share.The problem is that many analysts (including me) believe that he will stay and plunder cash from STER's cash balances.However if pressure can be put on this phony CEO the stock price may move back to the $.15 level as this blog has forecasted.However should he stay ,with his cronies, the share price will likely move back to the $.07 per share level.

This is a confusing and somewhat mysterious story that is unfolding on the Canadian stock market.Strangely the Canadian stock market regulator has been silent so far.