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CopAur Minerals (Canada: CPAU.V) (USA: COPAF) is an exploration company focused on developing projects within the emerging, mineral-rich mining regions of Nevada and British Columbia.
This week, we wrote an in-depth article covering its business, dynamic management team of resource professionals, and multiple high-grade projects.
In it, we highlight:
CopAur’s elite management team, including CEO & Director Jeremy Yaseniuk, an experienced entrepreneur and capital markets expert who has raised more than $500 million in the resource and mining sector.
The Company’s unique business structure that enables its technical experts to oversee and provide unbiased feedback across multiple companies, operating under the Metals Group mining conglomerate, at once.
CopAur’s flagship Kinsley Mountain Gold Project which has 418,000 indicated ounces of gold at 2.63 g/t gold, and 117,000 inferred ounces of gold at 1.51 g/t gold.
The commencing of its 2023 Kinsley Mountain Gold Project Drill Program, whereby CopAur will complete 3,000 meters of drilling at the Western Flank Zone, Main Pit North Oxide, and Secret Spot targets.
The Company’s Bolo, Troy Canyon, and Williams projects, which are all host to high-grade gold deposits across Nevada and British Columbia.
To read the full article on CopAur Minerals (Canada: CPAU.V) (USA: COPAF), click the button below.
QUICK MARKET RECAP
|US Debt Clock
Ooof! Things are getting tense.
With the US debt ceiling deal coming to a pause, the world waits anxiously for what the US government will do.
But as US House Speaker Kevin McCarthy said, “There’s no progress that I see, […] And it really concerns me with the timeline of where we are.”
As of right now, the US Treasury Department maintains its June 1st deadline, thus putting pressure on Democrats and Republicans to come to a decision, and fast.
However, it appears that whatever decision they make, there will most likely be unintended and negative consequences as a result.
On one hand, if they choose to raise the debt ceiling, it will only prolong, not avoid, the financial challenges they are currently facing.
Whereas, if they decide to default on their debts, it is likely to result in a financial collapse of which the world has not seen in nearly a century.
Either way, it appears that time is running out, with no perfect solution for this financial conundrum.
If you were in their position, what would you do?
Here is How Major Indexes Performed this Week:
VERSES AI (Canada: VERS.NE)(USA: VRSSF) Expands Autonomous Drone Governance Infrastructure powered by KOSM to Milan Italy
Click to learn more!
|Microsoft & Activision-Blizzard | Universo Digital Noticias
EU Approves Microsoft-Activision Acquisition
Big news coming from one of the most highly anticipated acquisitions in history.
European Union regulators have approved Microsoft’s proposed $69 billion acquisition of gaming firm Activision Blizzard.
The EU was examining a number of areas around the deal including the impact on competition in the console and fast-growing cloud gaming market.
It determined that the latest generation of Microsoft’s Xbox would not reduce competition given the dominance of Sony’s PlayStation and the Nintendo Switch.
Europe’s approval is huge for Microsoft after the UK’s top authority blocked the deal last month.
$MSFT is up 2.92% this week, trading at a market cap of $2.36 trillion and P/E of 34.46, while $ATVI is up 1.56%, trading at a market cap of $61.77 billion and P/E of 33.58.
Did you know Nokia makes fiber optic cables?
Read this article to learn more.
|C3.ai YTD Stock Chart | Google
C3.ai Rockets on Improved Q4 Results
Perhaps the hottest trending stock of 2023, AI company C3.ai soared this week (up 31.54%) after it posted better-than-expected preliminary fourth quarter 2023 financial results and boosted its outlook.
$AI expects to earn between $72.1 million to $72.4 million in revenues while expecting an operating loss of $23.7 million to $23.9 million.
The company also stated that “the number of qualified enterprise opportunities for closure within 12 months in our sales pipeline has increased by over 100% in the past year.”
C3.ai added that it expects to generate $18.0 million to $19.4 million in free cash flow from business operations in Q4 while ending the year with more than $800 million in cash.
C3.ai has set the goal to become profitable by the end of the fiscal year 2024.
$AI is up 127.26% YTD, trading at a market cap of $2.87 billion and a P/S of 9.23.
|Mark Zuckerberg | CNBC
Meta is Making AI Microchips
In an effort to strengthen its position in the AI market, Meta Platforms now producing a family of in-house custom microchips aimed at enhancing artificial intelligence work.
The company developed its first-generation chip in 2020 as part of the Meta Training and Inference Accelerator (MTIA) program, to improve efficiency for recommendation models used in serving ads and other content in news feeds.
MTIA struggles with high-complexity AI models but manages low and medium-complexity models more efficiently than competitor chips.
️ It consumes only 25 watts of power, significantly less than market-leading chips from suppliers like Nvidia, and uses an open-source chip architecture called RISC-V.
Meta also announced plans to redesign its data centers with modern AI-oriented networking and cooling systems, which are expected to be 31% cheaper and built twice as fast as the company’s current data centers.
$META is up 104.35% YTD, trading at a market cap of $630.15 billion and a P/E of 29.99.
Want to invest in a stock that isn’t affected by market swings?
Check out these non-cyclical stocks!
DID YOU KNOW?!
|Alan Turing and The Turing Machine | The Imitation Game
AI Was Invented in 1935
While AI is all the rage now, you may be surprised to learn that mathematician Alan Turing first introduced the concept nearly ninety years ago.
In 1935, Turing described an abstract computing machine with a limitless memory.
This machine would be programmed to scan back and forth through its memory, read what it finds, and write further information, thus modifying and improving its own program.
Today, we refer to Alan Turing’s device as the universal Turing machine.
Essentially, all modern computers are in essence universal Turing machines.