Thunder Gold Corp., Amazon, Rheinmetall - Record values for gold, AI and armaments

Thunder Gold reports top results in gold exploration in Ontario

Thunder Gold Corporation reports promising gold discoveries at its Tower Mountain project in Ontario, Canada. Sampling at the P-Target revealed an exceptionally intense gold grade of 9.12 g/t over a length of 12.66 m being detected.

The 100%-owned project, located just 50 km west of the port city of Thunder Bay, covers an area of 2,500 ha. Recent investigations show a strong continuity of gold occurrences. For example, the sample site TMCH24-01 returned an average of 4.93 g/t Au over 24.87 m - the longest continuous mineralized interval in the project's history.

Of particular note is that over 82% of the channel samples taken have a gold grade higher than 0.3 g/t Au. This frequency rate is three times higher than in the previous 40,000 drill core samples. Mapping and soil sampling suggest that the mineralization may extend a further 500 m to the southeast.

The Company is now planning an eight-hole, near-surface diamond drilling program to further explore this promising trend. Drilling is expected to continue until mid-December 2024. The Tower Mountain Project is strategically located just off the Trans-Canada-Highway and encompasses the largest exposed intrusive complex in the eastern Shebandowan greenstone belt.

Amazon attacks Nvidia - New AI chip four times faster

Amazon is using a technological innovation to challenge the USD 100 billion AI chip market. The new Trainium 2 processor is said to offer four times the computing power and three times the memory of its predecessor. Amazon's stock reacted to this announcement with a 3.18% price increase.

In a development center in Austin, Texas, a team of engineers led by Rami Sinno are working on the future-oriented chip. The performance targets are to be achieved through a simplified design that reduces the number of chips per unit from eight to two, as well as improved heat management and the replacement of cables with printed circuit boards.

The strategy is already showing initial success: Amazon was able to win the AI company Anthropic as an important partner and recently doubled its investment to USD 8 billion. In return, Anthropic will train its largest AI models on the Trainium chips. David Brown, Vice President of Computing and Networking at AWS, promises cost savings of up to 50% compared to Nvidia chips.

With this initiative, Amazon is challenging the previous market leader Nvidia. Success will depend to a large extent on the further development of software tools and seamless integration into existing AI frameworks.

Deutsche Bank sees Rheinmetall on the fast track - Target price significantly increased

Rheinmetall continues on its successful path: Deutsche Bank has revised its cautious assessment of the armaments group and upgraded the share from "Hold" to "Buy". The target price has been significantly increased from EUR 550 to EUR 700 – a reaction to the dynamic business development of the Düsseldorf-based company.

The Group's growth prospects had previously been underestimated. While analysts had previously forecast revenue of between EUR 16 billion and EUR 17 billion by 2027, Rheinmetall is now aiming to double this figure to around EUR 20 billion. This optimistic assessment is shared by the majority of experts, with 16 of 19 analysts recommending the share as a "Buy".

The positive trend is also reflected in a new major order: the Canadian armed forces are ordering 85 HX heavy recovery vehicles. The contract, which has a volume of EUR 215 million, extends over five years and, in addition to the vehicles, also includes recovery equipment. An additional service contract worth EUR 20 million underscores the long-term nature of the partnership.

The stock market has welcomed the development: since the beginning of the year, the share price has more than doubled. With a current price of EUR 621.80 and a daily gain of 0.45%, the stock continues its upward trend. The strong performance reflects investors' growing confidence in the Company's strategy.

Thunder Gold reports exceptionally strong gold grades of 9.12 g/t over 12.66 m at Tower Mountain Project. This indicates excellent exploration potential in a prime location: Its strategic location on the Trans-Canada Highway, with access to a port, airport and power supply, offers optimal development opportunities. Tech giant Amazon is attacking market leader Nvidia with its new Trainium 2 AI chip, promising four times the performance at a significantly lower cost. The strategic partnership with Anthropic and an investment of USD 8 billion indicate the seriousness of this bid to unseat Nvidia from its throne. Deutsche Bank has rediscovered the growth potential of the arms manufacturer Rheinmetall and predicts that its revenue will double to EUR 20 billion by 2027. The new major order from Canada, worth EUR 215 million, confirms this positive trend.