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Mining the moon?
Sponsored by ATHA Energy
Mining the moon?
A research paper led by Clive Neal at the University of Notre Dame’s Department of Civil & Environmental Engineering & Earth Sciences has outlined the necessity of an international lunar resource prospecting campaign, emphasizing its pivotal role in shaping a cislunar economy and establishing a sustained human presence on the Moon.
The paper, published in Acta Astronautica, the official journal of the International Academy of Astronautics, delves into the possibility of “designing and implementing a coordinated international lunar resource evaluation (prospecting) campaign.”
“The Moon is a highly valued destination for human space exploration because it is close, it contains a wide array of lunar and Solar System science targets that include resources that could be used to sustain humans on the lunar surface. These resources have the potential to enable sustainable human space exploration, develop a vibrant cislunar economy, and directly benefit society here on Earth,” the paper read.
You can read more on the matter here.
ATHA Energy is focused on developing Canada’s uranium assets in pursuit of a clean energy future. ATHA holds the largest cumulative exploration package in the Athabasca Basin, the world's most prominent basin for uranium discoveries, with 3.4 million acres along with a 10% carried interest portfolio of claims operated by NexGen Energy and IsoEnergy Ltd.
What’s going on?
Movement To Save Canadian Mining From Predatory Short Selling Announces Black Friday Session (theDeepDive)
Binance sees $956 mln in outflows after Zhao steps down to settle U.S. probe (Reuters)
Bill C-18 Bailout? Canada Ups Tax Claim for News Organizations (theDeepDive)
Three-year cruise canceled, with some passengers stranded in Istanbul having sold or rented out their homes (CNN)
Bezos Edges Musk In Space Race As NASA Chooses Blue Origin For Mars Mission (theDeepDive)
Rare earth discoveries mean coal mines could have a key role to play in the energy transition (CNBC)
Comedian Matt Rife Gets Backlash for Domestic Abuse Joke (theDeepDive)
Trump Campaign Wants People to Think DeSantis Paid for Iowa Evangelical Leader’s Endorsement (theDeepDive)
Mastermind Toys obtains creditor protection, wants permission to close some stores (BNN)
Was OpenAI Brouhaha Aimed To Derail AI Capability To Complete Grade School Math? (theDeepDive)
Hall vs Oates: Hall Files for a Restraining Order (theDeepDive)
Rudy Giuliani, Hard Up for Cash, Lands a New Georgia Lawyer (WSJ)
What’s the latest?
Consumer Spending: In September and October, Canadian consumers increased their spending with retail sales rising 0.8% in September. This increase was driven by a 1.5% gain in car and parts dealers, with overall retail sales excluding autos rising 0.2%. However, core retail sales, excluding gas stations and car dealers, dropped by 0.3%, indicating some consumer cutbacks in discretionary spending.
Mastermind Toys Bankruptcy: Mastermind Toys, a Canadian specialty toy and children's book retailer, has secured creditor protection under the Companies' Creditors Arrangement Act amid financial struggles and a challenging economic climate. Despite these issues, all 66 of its stores across Canada remain operational, and ongoing sales, including Black Friday promotions, will continue. The company plans to seek court approval to close some stores and will explore strategic options for the remaining locations.
Canada’s Dairy Win: Canada has successfully defended its approach to dairy import quotas in a dispute with the United States. A settlement panel rejected complaints from the U.S. Trade Representative, marking the second such panel in three years to address U.S. concerns over Canada's dairy market practices. While the first panel in December 2021 mostly sided with the U.S., the latest findings are seen as a win for Canada.
Argentina Central Bank: Argentina's President-elect Javier Milei reaffirmed his commitment to closing the country's central bank, a central promise of his campaign, dismissing rumors to the contrary as "false." As he prepares to assume office on December 10, Milei is assembling his cabinet, showing signs of a more moderate selection than expected. Milei faces significant challenges in realizing his ambitious reforms, such as dollarizing the economy and privatizing state companies, given his coalition's limited representation in Congress and lack of provincial governors.
CRA Tax Scam: In 2020, the CRA suspected a $63-million mistake in "illegitimate" tax refunds, allegedly part of a carousel scheme involving Iris Technologies. This Markham-based company's sales soared from $27 million to $800 million in two years, leading to claims of over $120 million in tax refunds. CEO Samer Bishay denies these allegations, and Iris is suing the CRA for $275 million. The CRA initially released $63 million to Iris but later refused an additional $86 million claim, reopening the case.
The junior market crisis
The stock market and stuff
Binance: DOJ Wants To Ban Changpeng Zhao From Leaving US After He Posted Bail That Allowed Travel (theDeepDive)
Judge Rules That Tesla, Musk Were Aware of Autopilot Defect (theDeepDive)
After Binance, CFTC Warns It “Will Not Stop In Pursuit Of Non-US Crypto Entities” (theDeepDive)
Bitcoin rises to new high for the year Friday above $38,000 (CNBC)
In the juniors
Hypercharge Launches Residential Level 2 EV Charger For Home Use (theDeepDive)
Shoal sues Newfoundland for "de facto" expropriation (Stockwatch)
Elemental Altus Royalties Announces Record Year to Date Revenue (JMN)
FULL DISCLOSURE: ATHA Energy is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of ATHA Energy. The author has been compensated to cover ATHA Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.