Weekly Summary - QIS Blog - February 1, 2019 - February 1st 2019
Weekly Summary - QIS Blog - February 1, 2019
Here is a further update on the debut edition of QIS Capital’s conference call that was hosted on January 22 with Deer Horn Capital Inc. (DHC:CSE) president, Tyrone Docherty. He discussed the company's properties, the updated Preliminary Economic Assessment (PEA), and the outlook for demand for tellurium, gold, and silver. Since this call, DHC has risen over 50%, rewarding those who were able to pick up some shares. Going forward, we intend to arrange some similar conference calls with senior management from other promising small-cap Canadian companies. Thanks to those investors who participated in the call!
We are always looking for new investment ideas and are open to researching any promising companies discussed in this forum or presented to us via email or phone call. As always, we have a preference for those stocks which are fundamentally sound, undervalued and underfollowed.
The first two email updates of 2019 have been issued by QIS Capital to all subscribers on January 14 and February 1, respectively. These two updates include information from Deer Horn Capital (DHC:CSE), and news from International Frontier Resources (IFR:TSX-V).
To receive QIS Capital’s email updates directly in your inbox as they are issued, please sign up at: http://www.smallcaps.ca/investor_signup. We typically send out 10-15 email updates per year.
Each of the three indices tracked in this section of our weekly blog posted a small gain for the second week in a row. The S&P TSX Venture Composite Index has posted gain for 7 straight trading days and moved up on the week by 18.30 points to finish on Friday 622.86 points, its highest closing level since Nov. 16, 2018. Canada's most watched stock market index, the S&P TSX Composite Index, posted a sixth consecutive weekly gain and has been in the green during 22 of the past 26 trading days. On Friday, the TSX Composite closed up at 15,506.31 points, an increase of 140.26 from last week. Down in the United States, the Dow Jones Industrial Average had a strong week, posting a gain of 326.69 points to close on Friday at 25,737.20 - the Dow's highest close since Dec. 3, 2018.
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