asx stocks that have lost the most


White Rock’s Red Mountain project in central Alaska has an inferred mineral resource of 9.1Mt at 5.8% zinc, 2.6% lead, 157g/t silver, 0.1% copper and 0.9g/t gold. It is also commercialising a brain monitoring device used to indicate a patient’s response to drugs administered during surgery. Heraues senior precious metals analyst David Holmes claims the industrial and technological use of silver is expected to grow significantly over the next decade. SEE ALSO: Danica has extensive experience writing and editing business news in the Oceanic and Southeast Asian regions. The vaporiser uses fingerprint activation and a ceramic heating system to vape cannabis oil or flower, while the app tracks and measures progress such as pain levels. Any required changes are expected to be minor and likely to be regarding packaging. Asian stocks slumped.Benchmark Treasury yields fell back below 1.5% and Australian bonds pared most of their losses after the central bank launched an unscheduled purchase operation. Another common flavour is pinene, which smells like pine needles and has shown potential medical value as an anti-inflammatory, a topical antiseptic and even a bronchodilator for asthma sufferers. In comparison, the sector lost 0.9%. The company’s 100% owned flagship Kempfield project has a mineral resource estimate of 26Mt at 40g/t silver (for 33Moz of contained silver), 0.12g/t gold, 0.46% lead, 1% zinc, 2% zinc equivalent and 120g/t silver equivalent (for 100Moz contained silver equivalent). The updated Veovaca resource now totals 7.4Mt at 1.4% zinc, 0.9% lead, 41g/t silver, 0.1g/t gold and 13% barite. It demonised marijuana as a dangerous drug and played on the racist attitudes of white Americans at the time, mirroring Anslinger’s campaigns depicting African-Americans as being more disposed to the drug and pushing it on innocent white people, along with their “Satanic” jazz music. Other countries that have lifted restrictions in recent years include the US, South Africa, Peru, Costa Rica, Chile, Colombia, Mexico, Spain, Portugal, Germany and the Czech Republic. The gold-silver ratio has been tracked for thousands of years. More cannabis stocks are expected to emerge on the ASX in 2019, with existing stocks forecasting a growth in patient numbers as more locally produced medical cannabis products hit the market. Hemp seeds have recently been touted as a ‘superfood’, containing high levels of protein, dietary fibre and amino acids. According to the Silver Institute, only about one-quarter of silver’s total output in 2018 came from mines where silver was the primary metal. The company is focused on gold, but the asset has silver credits. “If silver were to double, I think you would see a very real industrial demand drop and for that reason, you would probably see a price effect as well,” he said. During the September quarter, Myanmar Metals reported recent drilling had extended the strike length of the Yegon lode to more than 300m. Botanix’s BTX 1503 drug is thought to be excellent at treating acne in teenagers including acne that has become resistant to antibiotics. MMJ Group Holdings switched from being a medical cannabis company to a pure-play investor, with investments across a range of cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. In December, THC received two permits to cultivate and produce high CBD sativa strains at its Queensland facility for research purposes. Common uses include wound dressings, creams and as an antibiotic coating on medical devices such as breathing tubes and catheters. According to Geoscience Australia, Australia has the largest share of global economic silver resources, even outstripping Mexico, Canada and the US. MediCann claims the termination was due to a conflict of interest and failure to disclose solvency issues, but Jayex denies this. In Australia, licences and permits are required in order to grow, manufacture or even research cannabis. With the highly appropriate name and ticker code THC, the company operates growing and manufacturing facilities under its Farm to Pharma pharmaceutical model to deliver medical cannabis to Australian patients through the existing access schemes. It is also planning to commence construction of a manufacturing and production facility in Malta, where it has already inked a major distribution agreement with Maltese-based pharmaceutical distributor AM Mangion. The company has progressed at a rapid pace since listing last September, having been granted both an export licence and a manufacturing licence, which has allowed it to the start work on a medicinal cannabis production facility in Victoria. Later in the year, it partnered with St Vincent’s Hospital in Melbourne on an opioid reduction study, then inked a deal with Suda Pharmaceuticals (ASX: SUD) to develop an oral spray containing cannabinoid derivatives to treat Multiple Sclerosis, epilepsy and nausea. “We [Australia] are the leading exporters of medical opioids, and I think we can translate that experience into the medical cannabis scene,” he said. This made mirrors, which were previously luxuries only afforded by the rich, less expensive and able to be manufactured on a larger scale. Despite a turbulent start to 2021, U.S. stocks have largely continued to climb higher, with all three indexes currently up 1.8pc or more for the year. In addition, CBD products appear to have hit a floor price, remaining unchanged in the last six months at $0.10 per mg compared to other list prices falling by as much as 26% over the same period. Victorian exploration company White Rock Minerals 100% owns the advanced Mt Carrington gold-silver epithermal project in northern New South Wales and holds the Red Mountain high-grade zinc-silver-lead-gold project in Alaska in a joint venture with Sandfire Resources (ASX: SFR). Two American men have been marked as the culprits for the modern prohibition of marijuana: Harry Anslinger and William Randolph Hearst. – Uranium stocks on the ASX Elixinol listed on the ASX in January 2018 and reported a maiden profit within the first six months of trading. The company also has a distribution agreement in place with Australian Pharmaceutical Industries (ASX: API), Australia’s largest pharmaceutical distributor with brands including Priceline and Soul Pattinson Chemist. He added that he believed the silver price would exceed even the great price run ups in 1980 and 2011 to beyond US$50/oz. NanaBidial has a secondary indication for patients suffering seizures. Equus believes the district holds good potential for hosting significant additional gold and silver resources. For example, silver membrane switches are used for basic functions such as starting the engine, opening power windows and adjusting power seats. Further results published in February 2019 showed the heating technology more than doubled the cannabis yield, with the average dried untrimmed bud and leaf weight of heated plants being more than 200% higher than the unheated control crop. Failing to meet their financial obligations, the Hunt brothers had to be bailed out by several US banks with a $1.1 billion line of credit. – Mineral sands stocks on the ASX – Mineral sands stocks on the ASX In 1835, the German chemist Justus von Liebig acknowledged silver’s great ability to reflect visible light and discovered a way to coat glass with a thin layer of metallic silver. Danica has covered small and large cap companies listed on the Australian, Singapore, Hong Kong, Indian, London and Toronto exchanges. Biopharma company Zelda Therapeutics is focused on researching the use of medical cannabis to treat a variety of ailments, from insomnia to autism, cancer and in reducing opioid use. For example, the Jack Herer strain is used for patients with mental or neurological problems such as bipolar disorder, post-traumatic stress disorder and migraines. Cannabis was a key ingredient in many mass-produced legal drugs in the early 1900s before restrictions increased and it began being labelled as a poison. Silver, as well as zinc and lead, is extracted from the ore using grinding, sequential flotation and leaching techniques to produce high-grade lead and zinc concentrates with a high silver content. In January 2019, Roto-Gro said the growing trials were expected to be expanded and replicated at a showroom and research facility currently being sourced in New South Wales, Australia, although this appears to just be for leafy green food produce. Hemp food products were also approved for human consumption that year. Access can also be quite pricey, with medicinal cannabis not currently covered by the Pharmaceutical Benefits Scheme, meaning costs are paid by patients out of pocket. The company has also applied for cultivation and manufacturing licences in Australia. Hemp is a cannabis variety that is primarily grown for its fibre. In December 2018, the company entered into a fully funded feasibility and option agreement with Zelda Therapeutics (ASX: ZLD) to develop an oral spray of pharmaceutical-grade cannabinoid derivatives to treat conditions including Multiple Sclerosis, epilepsy and nausea. – Nickel stocks on the ASX Meanwhile, the Gorilla Glue strain is used to treat pain, stress, depression, insomnia and lack of appetite. Although focused on copper, Sandfire Resources has exposure to silver via its recent acquisition of MOD Resources, which owned the T3 copper-silver project. Israel-based Roots Sustainable Agriculture Technologies is developing and commercialising disruptive technologies to address critical agricultural problems such as plant climate management and the shortage of water for irrigation. Its investment portfolio includes Sydney-based medical clinic and online portal Cannabis Access Clinics, Australian start-up Martha Jane Medical, and Canadian companies such as cannabis oil producer MediPharm Labs, licenced grower and pharmaceutical company Harvest One, cannabis-infused beverage company BevCanna and retail chain Fire & Flower. Even former heavyweight boxing champion Mike Tyson has entered the sector, launching his own cannabis venture Tyson Ranch on 40 acres in California, which he envisions will be a marijuana “resort” hosting not only growers and researchers but also an “edibles factory”, amphitheatre and areas for “glamping” (the new trend of luxurious camping). CBD is a non-intoxicating compound that can serve to balance or dampen the effects of THC. It also has a commercial relationship with the Australia’s largest pharmacy retailer, Chemist Warehouse Group, to dispense its Medicabilis oil. Pacifico’s 25% joint venture partner in the Sorby Hills project is Henan Yuguang, China’s largest lead smelting and silver producer. This deal followed a strategic collaboration with Sri Lankan pharmaceutical distributor Ceyoka Health and the expansion of an existing distribution agreement with Medleaf in New Zealand. The concept of trading the gold-silver ratio involves switching holdings of the two metals when the ratio swings to statistically extreme levels. The nine-hole drilling program targeted multiple gold-silver high-grade rock chip samples and associated strong arsenic anomalism in soils, as well as a strong IP chargeability anomaly coincident with a copper anomaly in soils. According to the company, it reconstructs the chemical profile of a plant and uses this profile as a reference for the formulation of a plant recipe, essentially creating ‘virtual plants’. An expanded 4,000m drilling program is now being planned. The plant is designed for a project life of 17 years with life of mine production planned to be about 53Moz silver, 116,000t zinc and 83,000t lead. – Nickel stocks on the ASX Moreton Resources revealed silver processing operations at its Texas mine (part of the Granite Belt Metals project) were now up and running. – Cobalt stocks on the ASX The Small Ordinaries was up 0.06 per cent, or 1.5 points, to 3,085.9. In 1988, the brothers were convicted of conspiring to corner the silver market and were forced to declare bankruptcy. In the last year, Elixinol has been expanding its Colorado production facility, which is due to be commissioned in the first half of 2019. According to fund manager Hedley Widdup, silver’s price also tends to also be capped by industrial demand. In October, the company announced “spectacular” high-grade silver assays returned from historical mine samples in the southeast of the project area, including up to 3,675g/t silver. Late last year, the firm released an in-depth analysis estimating the total current cannabis market in Australia (including the illegal market) could be valued at up to A$6.3 billion. In its September quarterly report, Kingsgate said it was still working towards having about US$7.5 million of gold and silver inventory (in the form of high-grade sludge) that remained at the Chatree site at the time of the mine’s closure released for sale. In the past two years, the company and its two local joint venture partners have upgraded the project’s maiden mineral resource seven times. The emerging gold producer has exposure to silver by way of its 100% owned Nimbus silver-zinc-lead-gold project near Kalgoorlie-Boulder in Western Australia. While the Labor Party and Liberal-National coalition are against it, the Greens and Liberal Democrats support it, even claiming it could generate close to $2 billion for the economy each year including $300 million in GST revenue alone. Polymetal International operates the Dukat mine in Russia, where silver output falls just under Saucito’s production levels. BHP Group’s Olympic Dam operation in South Australia is primarily exploited for copper, with gold, uranium and silver present as by-products. AusCann has multiple divisions under its umbrella and has secured several partnerships across the supply chain from raw materials, product development to manufacturing and sales. This act was later replaced by the Controlled Substances Act of 1970, which placed cannabis on the most restricted drug use, Schedule 1, making it very hard to legally obtain for drug manufacturers and even researchers.