Donations fill up the entryway to a Goodwill Southern California Donation Center in Pasadena during the first week of 2020.; Credit: Carla Javier/KPCC

Now that the holiday season is winding down, thrift shops run by Goodwill, the Salvation Army, and other organizations are tallying up the annual flood of December donations. 

"It's always been a tradition that our donors donate between Christmas and New Year's ... and the last couple days of the year, they donate even more," Goodwill Southern California director of logistics Tinna Bauer explained. "Some do it for tax purposes, and some ... when they if they receive new items for Christmas, they clean out the old."

This content is from Southern California Public Radio. View the original story at SCPR.org.

Source: Streetwise Reports 11/07/2024

Tectonic Metals Inc. (TSXV: TECT; OTCQB: TETOF; FSE: T15B) announced the successful closing of its private placement, which was significantly oversubscribed, raising CA$5,349,171. This amount surpassed the company's initial target. Initially announced on October 4, 2024, this extension raised an additional CA$1,691,712 through the issuance of 28,195,200 units priced at CA$0.06 per unit. This total combined the funds from the second tranche with those from the initial tranche and previous offering rounds.

Each unit in the placement includes one common share and one-half of a common share purchase warrant, with each full warrant exercisable at CA$0.10 until two years from the offering's close. LIFE units from the offering are freely tradeable, while non-LIFE units are subject to a four-month hold period. In this latest tranche, CA$591,708 was generated through LIFE units, with 9,861,800 common shares and 4,930,900 warrants issued, while HOLD units contributed CA$1,100,004, resulting in the issuance of 18,333,400 common shares and 9,166,700 warrants.

Finder's fees in cash totaling CA$98,143 were paid to Canaccord Genuity Corp., Haywood Securities Inc., Ventum Financial Corp., Roche Securities Ltd., Gerhard Merkel, and Black Oak Ventures Ltd. Additionally, Tectonic issued 1,635,714 non-transferable common share purchase warrants to these finders, each exercisable at CA$0.10 until November 1, 2026. The cumulative finder's fees for both the extended and initial offerings amount to CA$226,029, with 3,767,153 finder's warrants issued. This private placement was approved by the TSX Venture Exchange (TSXV).

Why Gold?

On October 29, Kitco Media's Gary Wagner reported on gold nearing US$2,800, attributing this surge to a mix of "geopolitical conflicts, Federal Reserve interest rate normalization, and strong demand from global central banks." This combination, which Wagner referred to as a "perfect storm," has pushed gold prices up by approximately 35% this year. Emerging market central banks have notably increased their gold reserves as part of a strategic shift away from the U.S. dollar, adding further support to the metal's robust price performance.

Further insights from LiveMint on October 30 revealed a strong performance in the gold sector, with MCX gold rates surging in India. This was partly fueled by cultural factors and a rise in retail demand. Chintan Mehta, CEO of Abans Holdings, emphasized gold's safe-haven appeal, stating, "Gold stands out in times of uncertainty . . . a complete safe-haven unlike silver." Despite potential near-term dips, Mehta suggested that such declines would present valuable buying opportunities amid continued demand for gold.

In a November 4 report, Egon von Greyerz, founder of VON GREYERZ AG, highlighted the consistent historical role of gold as a protective asset. He took particular note of gold's rise in times of financial instability. He observed, "Gold doesn't lie…an ounce of gold in 1923 was worth 87 trillion Marks," underscoring gold's resilience during currency devaluations. He further anticipated that gold's journey was "only starting now," driven by the ongoing devaluation of fiat currencies.

Tectonic's Catalysts

The capital raised through Tectonic's private placement aims to support exploration and development at the company's Flat Gold Project in Alaska, a promising district-scale opportunity for open-pit heap leach gold mining. As outlined in the company's October 2024 investor update, Tectonic has prioritized "economic mine" criteria, highlighting heap leach processing potential, high gold recovery rates, and infrastructure access through on-site airstrips and nearby river barge routes, which reduce logistical costs.

The company's exploration strategy benefits from strong partnerships and technical expertise, particularly its milestone partnership with Doyon Limited, Alaska's largest private landholder, and Crescat Capital, which together hold significant ownership in Tectonic. Additionally, Tectonic's technical team has established a 100% drill success rate at the Chicken Mountain target, identifying zones of gold mineralization and potential higher-grade starter pits. According to Tectonic's October 2024 presentation, the company's "disciplined, upfront de-risking strategy" aims to secure long-term value and sustainable operational progress at the Flat Gold Project.

Analysts Talk Tectonic

*Technical analyst Clive Maund strongly endorsed Tectonic Metals Inc., rating it an "Immediate Strong Buy" on October 4. Maund emphasized the potential for "spectacular gains" as Tectonic's stock showed clear signs of a bullish reversal. He noted a "giant Double Bottom base pattern," indicating a rally from lows, supported by an "exceptionally positive volume pattern" and a strengthening Accumulation line, both bullish signals. [OWNERSHIP_CHART-10225]

Maund also highlighted Tectonic's Flat Project, noting its substantial scale and favorable mining conditions, especially within the Chicken Mountain Intrusion, where all 74 drill holes intersected gold mineralization, hinting at a "big resource." Additionally, Maund remarked on Tectonic's strategic partnerships. These include Doyon Ltd., which holds nearly 10% of the company's stock, underscoring strong local support and shareholder stability. These factors contributed to his confidence in the stock's growth potential, concluding that the current price represented a strong entry point.

Ownership and Share Structure

Institutions hold around 32.3%. Doyon Ltd has 9.9% and Crescat Capital has 22.3%. 15% of Tectonic is held by insiders and other institutions.The rest is retail.

Tectonic has a market cap of US$16.92 Million with 342.61 Million Free Float Shares. Their 52-week range is US$0.045 - 0.17

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Important Disclosures:

1. Tectonic Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.
2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Tectonic Metals Inc.
3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
4. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

* Disclosure for the quote from the Clive Maund article published on October 4, 2024

1. For the quoted article (published on October 4, 2024), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
2. Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed

Clivemaund.com Disclosures

The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.

( Companies Mentioned: TSXV: TECT;OTCQB: TETOF;FSE: T15B, )

Ross introduces a new line of Model 42C Cylindrical Ribbon Blenders designed to mix dry powders, wet granulations and paste-like materials with densities up to 100 lb/cu.ft. 

Each 10-oz holiday-themed bucket includes two 2-oz bags of Haribo Goldbears and two bags of Orville Redenbacher’s Butter Microwave Popcorn. 

Kinshuk Dutta honored for more than 15 years of professional success

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Lorrainne Bilodeau, MS, honored for more than 40 years of success in her profession

Ewan McIntosh will be giving a Plenary Talk on Unleashing the Tribe. University and 'real life' are often seen as distinct entities by students, and employers. Outside academia huge changes in the way we interact and how knowledge is shared and analysed have been afoot for some time. A generation of Bebo Boomers are repeating the solidarity and participation witnessed by the baby boomers forty years ago. The net, gaming and mobile technologies are encouraging more collaboration across greater distances and cultures than ever before. Such stories should be encouraging rapid change in the nature of schooling. So what are the main routes down which educators could go and what are the main challenges to overcome?

Event Begins: Thursday, November 14, 2024 3:00pm
Location:
Organized By: University Career Center

Are you looking at a future career in healthcare and need clinical experience?  If so, join us for our upcoming virtual info session to learn more about our medical scribe positions! If you are unable to attend this session, no worries we are offering severalother sessions throughout the month!  Click on the RSVP link above to find a time that works with your schedule! 

The acquisition establishes a direct corporate presence in Australia and a foundation for further expansion in the Asia-Pacific region, a press release from Fieldpiece said.

Aquatherm North America has announced B&B Trade Distribution Centre as its newest distribution partner. B&B services the HVACR and sheet metal trades across Ontario from locations in Toronto, Oakville, Hamilton, London, and Windsor.

Why it's important?

The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts.

In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so even if the data comes out inside the range of estimates but on the lower bound of the range, it can still create a surprise effect.

Distribution of forecasts for PPI

PPI Y/Y

• 2.4% (11%)
• 2.3% (68%) - consensus
• 2.2% (16%)
• 2.0% (5%)

PPI M/M

• 0.4% (2%)
• 0.3% (13%)
• 0.2% (74%) - consensus
• 0.1% (7%)
• 0.0% (2%)
• -0.1% (2%)

Core PPI Y/Y

• 3.1% (12%)
• 3.0% (47%) - consensus
• 2.9% (35%)
• 2.7% (6%)

Core PPI M/M

• 0.3% (57%) - consensus
• 0.2% (40%)
• 0.1% (3%)

Analysis

We can ignore the headline PPI as the market will focus on the Core figures. We can notice that the expectations are skewed to the downside, so a higher than expected reading would be taken as more hawkish and likely give the US Dollar another boost. Conversely, a soft print could trigger a pullback.

The US Dollar remains in an uptrend as the market continues to price out the rate cuts expected in 2025. Right now we have another 25 bps cut priced for December and just two 25 bps cuts priced in 2025 which is already much lower than the Fed's projection of four.

Therefore, there's still a couple of rate cuts to price out in 2025 if the data continues to run hot, but at that point we would need a real acceleration in inflation to have the market pricing in a rate hike. For now, the bar for rate hikes is really high as the maximum the Fed is willing to do is to pause the easing cycle.

• An 'activist' approach means to cut less until it is clear inflation persistence has been purged
• I would be ready to cut rates in bigger steps when inflation risks have gone

As mentioned, she's arguably the most hawkish member on the policy committee. So, these comments need to be taken with that in consideration. Her comments are also reflected by her bank rate vote last week here, as she was the only member to dissent against the rate cut decision.

One day only.
They may look u up on the system to verify or u can show the latest newsletter envelope that has the deal listed on cover.
Exclusions: cards, magazines, gift cards, oos items, laybuys, holds, reservations, other offers.
Discount is off rrp.
Wearing a MAGA cap may invalidate the deal too lol.

Note it seems they may be stopping newsletter post mailouts from now on.

Readings are usually more expensive than Amazon so check Amazon prices before buying but it’s good to support local stores and get your book on the spot with knowledgeable service.

Trump won in large part because of voters’ frustration with high prices and a sense that the country needs major changes. But when he enters office in January, Trump will inherit an economy primed for growth.

Flaviar - When unsubscribing from newsletter, options are presented as personas.

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Previously available only in the western United States, Elk Premium Building Products Inc., Dallas, opened distribution of Domain Winslow to the Midwest, Southwest and Northern states in July 2004. This

En la tesitura global, necesitamos una cultura no tribal.

"Se había entrenado concienzudamente para el examen aún a costa de soslayar responsabilidades que la tocaban muy de cerca durante los diez primeros días del desastre dejado por la DANA" Leer

 Leer

El S&D tacha a Weber de "irresponsable" por seguir la "agenda destructiva" del Partido Popular español, mientras Von der Leyen refrenda su confianza en la candidata española a vicepresidenta de la Comisión Leer

El líder del PP está convencido de que las explicaciones que dará Mazón el jueves en las Cortes "reconfortarán parcialmente" a los ciudadanos Leer

Exige que se comprometa en el Congreso a dejar el puesto de vicepresidenta de la Comisión si es acusada por su gestión en la DANA , y esto es sólo una petición previa para no tumbar su candidatura Leer

Génova eleva el pulso a los dos primeros espadas del PPE: Weber contra la presidenta de la Comisión Leer

La candidata española ya ha pedido comparecer la próxima semana, por lo que hasta entonces no habrá acuerdo en el nombramiento de vicepresidentes de la Comisión, según explican los 'populares' Leer

Resulta tremendamente llamativo que desde cualquier punto de vista ideológico, a nadie se le haya ocurrido pensar que en la situación de paro actual referida a mayores de 25 años que conviven con sus ascendientes, a la hora de formular su declaración del IRPF, muchos no pueden aplicarse el mínimo por descendiente, precisamente por tener más de dicha edad.

Álvaro Uribe pasó de trabajar, trabajar y trabajar, a rectificar, rectificar, rectificar. 

Hoy es el Día D del referendo. La Corte Constitucional decidirá si lo tumba o lo revive.

A couple of weeks ago, my old colleague (lets call her M) passed away tragically, and turns out all signs point to spousal abuse and eventual tragedy. We weren't super close, but I was her first manager, and over the years, we ended up working together a lot, with her even managing me at times. She was a pretty big deal in our company eventually. I know that some of my other current and ex colleagues knew her. They may not know about the situation, I am conflicted about letting people know and also pushing for our company to address it. Some details inside

My company was pretty small, 200 people, which was as close as you could get to a company with people distributed across the country. We got bought by a huge company and M left a year or two into the acquisition. My company is still a formal entity in the new large company. Many but not all of these people live in the same area that M resided. Circumstances of the situation, which are rich attractive white people means that this is already BIG NEWS (like local tv, and local paper) in the city but outside city have not likely reached.

I'm not sure why exactly I have the urge or the urge not to pass on the information. My non-urge is if you didn't interact with this person on a daily basis after you left, your life would be same if you didn't hear it. On the other hand, if you do find out and nobody told you would feel out of the loop and a weird sensation fo not knowing. Also there's something about me maybe processing this grief. But rather not put it on others. It feels like gossip almost too?

Categories of colleagues:

- Set of ex colleagues i talk to almost daily on slack: where I found the information, we are processing it daily
- ex/current Colleague/friends who I talk to monthly (On text/chat): im thinking about texting and telling them about if they've heard
-Current colleagues i dont talk to but are all part of the same organization: I'd like to ask leadership to make a statement, or something acknowledging it. This situation is traumitizing to me and i cannot fathom how it would make the women in my organization or those who work with them closely feel

The Cabinet Office advised today that flags on Government Buildings will be flown at half-mast tomorrow, Thursday, 14th November as a mark of respect for the late Senator Leslie L. Robinson on the day of her homegoing celebration. Related Stories ‘Commitment To Professionalism And Fairness’ Household Income And Expenditure Survey Community Consultation On Homelessness Held […]

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Piráti mají za sebou zásadní sjezd, na kterém si zvolili jako předsedu bývalého primátora Prahy Zdeňka Hřiba. Nahradí tak ve vedení strany jejího dlouholetého předsedu Ivana Bartoše, který byl na sjezdu za potlesku všech přítomných slavnostně digitalizován.

The Spanish government of Prime Minister Pedro Sanchez (S&D) on Wednesday called the opposition Partido Popular's (EPP) boycott of Teresa Ribera, Ursula von der Leyen’s Spanish commissioner pick, “shameful” and “anti-patriotic”. Ribera (PSOE/S&D), Spain's current minister for ecological…

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The son of a high-ranking ex-financial official in Ecuador who was a Florida banker says he's guilty for his part in a international multi-million dollar bribery and money laundering scheme which involved his father.

Radio-Canada spoke with 15 brush cutters who worked for two Hydro-Québec subcontractors this summer, finding the companies failed to meet basic standards for health, safety, transportation and accommodation.

Former British Columbia premier John Horgan loomed large over the swearing-in ceremony Wednesday for 47 New Democrat members of the legislature, a day after his death. 

Stephen Kodish, associate professor of biobehavioral health and nutritional sciences at Penn State, received the Mid-Career Award in International Health from the American Public Health Association.

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Congress leader and Lok Sabha LoP Rahul Gandhi on Thursday paid tribute to former Prime Minister Jawaharlal Nehru on the occasion of his 135th birth anniversary.

Congress leader and Lok Sabha LoP Rahul Gandhi on Thursday paid tribute to former Prime Minister Jawaharlal Nehru on the occasion of his 135th birth anniversary.

Multichoice Group has announced that its Nigerian subsidiary lost 243,000 subscribers across its DStv and GOtv services between April and September 2024. The pay TV platform in its financial result for the year ended September 30, 2024, published on Tuesday, said the high cost of food, electricity, and petrol has forced many of its customers […]

The post MultiChoice Nigeria loses 243,000 subscribers in six months first appeared on Business Hallmark.

"Israel has to meet these [humanitarian] responsibilities, and we will be tracking this every single day," Blinken said.