Close menu




May 12th, 2023 | 07:00 CEST

Tocvan Ventures, Palantir, Rheinmetall - Well equipped with gold, AI and defence

  • Mining
  • Gold
  • Silver
  • armaments
  • Technology
Photo credits: pixabay.com

The US banking crisis continues to move in circles, this time in slow motion instead of at the record pace of 2008. Alternatives are needed to ensure that investors are well-equipped in these times. Precious metals like gold have always been an option. Tocvan Ventures, as an exploration company, offers a promising gold and silver project called Pilar in Mexico. The launch of Palantir's first AI platform, which is located in the defence sector, also sounds promising. In view of the profit forecast, the share price jumped by a whopping 22%. Significant price gains are also to be expected at Rheinmetall. An undisclosed major order will keep the cash registers ringing for the arms giant on the Rhine, even in times of peace.

time to read: 4 minutes | Author: Juliane Zielonka
ISIN: TOCVAN VENTURES C | CA88900N1050 , PALANTIR TECHNOLOGIES INC | US69608A1088 , RHEINMETALL AG | DE0007030009

Table of contents:


    Jared Scharf, CEO, Desert Gold Ventures Inc.
    "[...] Our SMSZ project is the largest contiguous land package of any exploration company in the region at 400km2 and overlays a 38km portion of the prolific Senegal Mali Shear Zone. [...]" Jared Scharf, CEO, Desert Gold Ventures Inc.

    Full interview

     

    Tocvan Ventures: Pilar gold and silver project expands through investor private placement

    Tocvan Ventures Corp. has reason to rejoice as it has successfully completed a private placement from an institutional investor. This means that a total of EUR 409,807 is now available to the Canadian junior mining exploration company. To ensure transparency to shareholders, the proceeds from the placement will be administered by a 3rd party trustee and paid to the Company in monthly tranches of EUR 34,150 over the next 12 months as per mutually agreed contractual arrangements. The funds will be used to advance the well-positioned Mexican Pilar and El Picacho gold-silver projects in Sonora and for general operations.

    **Most recently, Tocvan Ventures updated its 2023 operating plans at its Mexican Pilar and El Picacho gold-silver projects in Sonora. The bulk sampling process at Pilar continues, and initial results will be released ad hoc. To date, consistent gold values have been found in the initial assay results from the breakthrough waste rock and the duplicate material.

    Fifteen samples returned an average value of 1.64 g/t gold (Au), as shown in the table "Summary of Results from Rejects and Duplicate Samples from Crushing of Bulk Samples on Site" tocvan.com/investors-page. A further 101 samples were sent to ALS for complete fire assay and ICP (inductively coupled plasma) analysis and results are pending. Trenching has opened up new areas of ground and exposed old mine shafts along high-grade structures. The Company now plans to systematically channel sample these areas to obtain important geochemical information on surface mineralization and to establish drill targets for future resource estimates.

    CEO Brodie interviewed at the SilverCon conference in April 2023 in Frankfurt, Germany

    Palantir: Earnings forecast sends share price up 22%

    Shares in Palantir Technologies surged an impressive 22% this week, their biggest one-day gain in over two years. This was due to the data analytics company's announcement that it will turn a profit every quarter until 2023 and the huge interest in its new AI platform.

    Palantir Technologies, known for its data analytics software and its work with the US intelligence agency CIA, surpassed Wall Street's expectations with its quarterly results due to major projects from existing commercial and government customers.
    Palantir, based in Denver, Colorado, has generated tremendous interest with the first iteration of its new generative AI platform, which was unprecedented. The platform will launch for select customers later this month. The technology used for the platform is the same as that used for ChatGPT, OpenAI's popular chatbot.

    Palantir Co-Founder Peter Thiel is best known as a technology entrepreneur, venture capitalist and co-founder of PayPal. Thiel is known for his contrarian and libertarian political views and advocates for limited government intervention, individual liberty and free-market principles. Peter Thiel holds 130,670,931 shares in Palantir.

    In February 2023, Palantir announced that it would reduce its workforce by 2%. This puts the Company among a group of technology companies that have laid off thousands of employees due to the weakening economy.

    Rheinmetall CEO: 2023 should be "the best year in the Company's history"

    For Rheinmetall, the current geopolitical situation is an asset: the Company expects incoming orders for the current year to exceed all previous orders. The main reason for this is the NATO countries, which are increasingly arming themselves. The billion-euro special fund for the German Armed Forces is also causing an increase in demand for armaments. Rheinmetall appears to be benefiting from the ongoing militarization of Europe and anticipates a historic order record. At the annual general meeting Rheinmetall presents an enthusiastic outlook, with CEO Armin Papperger announcing that the business year 2022 has shown extremely positive development.

    The group has recently been admitted to the DAX. The CEO promises: "You can be sure that 2023 will be the best year in the Company's history in terms of incoming orders." The group plans to further expand its business with and in Ukraine. "The shelves are empty," says CEO Papperger. Even if the war ended quickly, Ukraine would have to rebuild its arsenals. For this reason, the CEO believes that demand will be very high in the next 10 years.

    Particular emphasis is placed on the plan to build a factory for the Panther main battle tank in Ukraine. Talks with the Ukrainian government are progressing promisingly so that production of the "Panther" could soon begin in a Ukrainian factory. Through these measures, Rheinmetall aims to help strengthen Ukraine's security and defence capabilities.**


    Tocvan Ventures moves forward with fresh capital. Preliminary assay results of the breakthrough waste rock and duplicate material have identified reliable gold values. The funding will be used to advance the promising Pilar and El Picacho gold-silver projects in Sonora, Mexico, and for general operational activities. Tuesday's share price surge took Palantir shares to their highest level since mid-February and boosted earnings to an impressive 49% by 2023. This once again underlines the power and potential of this new Palantir AI platform. By midday on Tuesday, Palantir shares were trading at over EUR 1.37 billion, making it one of the twelve most actively traded stocks on Wall Street. This is an impressive sign of investor confidence in the Company despite the layoffs. Rheinmetall is currently working on concluding cooperations and joint ventures with Ukrainian companies to enable Ukraine to defend itself in the medium and long term. The Company plans to manufacture air defence, ammunition, vehicle systems and tanks directly in Ukraine in the future.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Juliane Zielonka

    Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.

    About the author



    Related comments:

    Commented by Armin Schulz on May 21st, 2024 | 07:15 CEST

    K+S, Globex Mining, Barrick Gold - Commodity stocks: Make money now

    • Mining
    • Gold
    • Commodities
    • fertilizer

    The commodities market in 2024 is characterized by high volatility, driven by strong demand, supply bottlenecks, and technological shifts to renewable energy, which make lithium and copper, for example, more expensive. In addition, inflation concerns make precious metals attractive as a hedge against inflation, while the central banks' interest rate policy is also a factor. Geopolitical tensions further disrupt supply chains and drive up prices. In this context, investments in commodity shares are becoming increasingly important. This form of investment allows investors to benefit indirectly from price fluctuations and the increase in the value of commodities without having to physically invest in the commodities themselves. We are, therefore, looking at three commodity companies today and analyzing their potential.

    Read

    Commented by Stefan Feulner on May 21st, 2024 | 07:00 CEST

    Lynas, Almonty Industries, General Motors - Is the trade war escalating, and what is Tesla doing?

    • Mining
    • Tungsten
    • Electromobility
    • RareEarths

    The stock markets continue their record-breaking run. The Dow Jones Industrial has climbed to the 40,000-point mark for the first time in its history, and the DAX is also on the verge of breaking through the 19,000-point barrier. So far, so good, one might say. However, something is brewing in the background with regard to the trade war between the US and China, which could put enormous pressure on company margins in the future. As a result, critical commodities, in particular, are likely to be on the verge of a strong upward impulse.

    Read

    Commented by Juliane Zielonka on May 17th, 2024 | 07:00 CEST

    Almonty, Rheinmetall, Super Micro Computer - Commodity rally for defense and cloud

    • Mining
    • Tungsten
    • AI
    • Defense

    AI and defense stocks are setting the stock market on fire. Investors worldwide seem to have acquired a taste for artificial intelligence and defense. Wall Street is expecting a four-digit price target for Super Micro Computer soon. Rheinmetall is also enjoying full order books. Since the takeover of a Spanish ammunition manufacturer, production has also increased in this segment. Meanwhile, tensions between the largest economies, the USA and China, are growing enormously, which is reason enough for investors to take a look at Almonty Industries. The tungsten producer is on course for growth thanks to the restart of a mine in South Korea. Tungsten is rising in value as the increase in AI, and armaments are directly boosting demand for the rare earth metal. Who will win the stock market race?

    Read