Less than 10 business days left to go before SNF’s Q2 results are out. In the meantime, I found a website that just started following Sunora Foods, see below:
MY MICROCAP PORTFOLIO EXPERIMENT – INVESTING IN 16 CANADIAN MICRO-CAP STOCKS
I’ve decided to experiment in the Canadian Micro-cap space. Micro-caps are those companies on the TSX and TSX Venture Exchange that trade below $100 million market capitalizations. Out of hundreds of companies, I selected only 16 stocks (see below – do you own any of these stocks too?). I looked for micro companies that can possibly turn into multi-baggers on the foundation of their unique product/service, large addressable market, long runway to grow, exceptional management, high/steady gross margins, high revenue growth, and in most cases – profitable, cash flow positive, high return on equity (ROE), and return on capital (ROIC) operations.
Check out my MicroCap Portfolio (est. Aug 2017) below – 16 micro cap stocks. I’ll provide updates in the future – hopefully it all works out. I’m well aware that some micro-caps might fail, while others will be average performers, but it’s the 2-3 that possibly turn into multi-baggers that I’m really excited about. Overtime, I’ll invest more capital into the winners, and trim or eliminate the losers, if any decline more than 50%. We’ll see – time will tell. (note – I previously owned 4 micro-cap stocks below – Intrinsync Technologies, Greenspace Brands, Ten Peaks Coffee, and Ceapro, but have now segmented them into my new MicroCap Portoflio).
My Canadian MicroCap Portfolio (est. Aug 2017)
Vigil Health Solutions
Pioneering Technology Corp
Vitreous Glass Inc
DMD Digital Health Connections Group Inc
Redishred Capital Corp
Sunora Foods Inc
Bevo Agro Inc
Diamond Estates Wines & Spirits Inc
CVR Medical Corp
Ten Peaks Coffee
| Reply to Jimjones1972 - Msg #5943 - 08/10/2017 09:58|
2 to 3 weeks to go until financial results are out for Sunora Foods. Until then I wanted to post a very interesting article on how Canola oil can help clean up tons of mercury tainted tails and waste water around the world:
Cooking oil could help clean up mercury at mining sites, researchers say
Researchers at Flinders University in Australia published a study where they demonstrate how a canola oil polymer, when combined with sulphur, can trap mercury metal, mercury vapour and highly toxic organo-mercury compounds.
Mercury and mercury-containing materials are commonly used in small-scale mining operations to extract gold from ore. However, the liquid element is also employed by many chloralkali plants and in certain farms as fungicide.
By combining second-hand cooking oil and sulphur – a common, low-cost byproduct from petroleum production –, the scientists were able to produce a new kind of rubber-like polymer capable of absorbing mercury pollution in soil, water and even the air. The novel substance even changes colour to indicate it has done its job.
“Because our mercury-capturing material is made from waste, our goal is to provide a cost-effective and technically simple material for cleaning up mercury pollution at gold mines,” said lead-researcher Justin M. Chalker in a press release.
Artisanal mining is the largest producer of mercury emissions worldwide and, according to the United Nations Environment Programme, mercury rich tailings and exposure to mercury vapour threaten the health of nearly 15 million people involved in this field of work.
“This pernicious problem,” Chalker said, “is causing brain damage and loss of IQ points in unborn children.”
The scientist's mercury-binding polymer is already licensed for sale to Kerafast, a US-based reagent company. Meanwhile, the Flinders University team that created it is raising funds to develop a pilot reactor and production plant in South Australia.