Oreninc Blog

Oreninc Blog

Index updates, Top 10 financings, Presentations, Partner updates and much more …

It's OK to Fail

We are in the season of failure and everything looks bleak.

With that said, it’s important to remember it’s OK to fail. We all have failures, and they define our character. 

This week, someone told me that we go through rough market periods so that we can treasure the times when the market moves in our favour. 

I think it’s different than that.  Not everyone can succeed in any business. The ones who can succeed however are those who have failed in the past and learned from the process. You must be able to admit you don’t have a viable plan, and then plan on the next steps. If you panic and ignore the facts, you are dead.  You have to carefully understand what you have, what you do not have, and what your real options are. 

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Oreninc Index Update: April 11, 2013

Oreninc Index Stumbles After Two-Week Climb

The Oreninc Index fell to a two-week low for the week ending April 11, 2013.  Despite the total number of brokered and bought deals reaching a four-week high, the financing markets are clearly continuing to struggle. The recent drop in spot gold may increase concern regarding investing in gold properties--something that may drive the Index even lower given the significance of gold exploration within the Canadian resource financing market.

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Oreninc Index Update: April 4, 2013

Oreninc Index Up During Holiday-Shortened Week

The Oreninc Index continued its climb during the holiday-shortened week ending April 4, 2013.  There were few significant changes between last week and the one preceding it, and adjusted calculations for weeks with fewer trading days caused most of the gains. However, positive market changes did include one bought deal and a slight overall increase in total money announced. 


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Oreninc at PDAC: Mineral explorers brace for shakeout as capital vanishes

This year's PDAC saw a plethora of exploration-stage mining companies, but prospects for the year ahead suggest a "purge" of these companies due to vanishing capital. Hundreds of them came to seek financing, but found there was less cash and more competition. Oreninc, described as "a firm that tracks financing activity in the sector", is a source in this Thomson Reuters article from its Mining PDAC report, Survival of the Fittest.

 

Full article reproduced below with permission from Thomson Reuters' correspondent Euan Rocha. See the original article here (page two). 

By Euan Rocha

Toronto, March 6, 2013

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Oreninc Index Update: March 28, 2013

Oreninc Index Up Even with No Bought Deals Announced

The Oreninc Index climbed to a two-week high during the week ending March 28, 2013. Total dollars announced for the week were up, total offerings announced were down, and no new bought deals were announced for the first time since February.  The markets continue their weak journey through 2013, but on a more positive note, the average offer size for March was $4.7 million, up 67% from an average of $2.8 million in January and February.

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Oreninc Index Update: March 21, 2013

Oreninc Index Falls to Five-Week Low

The Oreninc Index fell to a five-week low for the week ending March 21, 2013.  Total deals announced was up, however average offer size was down significantly.  The largest factor was changes in brokered offerings from last week, with total brokered dollars announced just one sixth of the week before. The markets have remained very soft, which can be seen by three companies withdrawing offerings they didn’t feel could be supported.  

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Oreninc Index Update: March 14, 2013

Announced Natural Resources Dollars Reaches YTD High

The Canadian natural resources financing market saw the most weekly money announced in 2013 for the week ending March 14, 2013.  The Index also reached a three-week high.  The total number of deals announced was down; however, average offer size was up significantly along with a dramatic increase in brokered offerings announced.

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AGORACOM Online Uranium Conference March 21 – 22 To Feature Presentations From Energy Fuels, Fission Energy, Kivalliq Energy and Industry Experts

Investors From Multiple Countries Expected To Attend Online Uranium Conference That Includes Industry Experts from Boswell Capital, Edison Investment Research, Fuel Cycle Week, Oreninc, UX Consulting.

TORONTO, March 14, 2013AGORACOM, a leading online financial community focusing on the small-cap and mid-cap markets, is pleased to announce details of the upcoming AGORACOM Online Uranium Conference. Open to investors around the world, the conference will feature online presentations from small-cap public companies and industry experts, including online Q&A sessions. 

The online format of the Uranium Conference provides investors from outside traditional “conference cities” with an opportunity to fully participate in the process by watching presentations and interacting with conference participants – all from the comfort of their computers.

George Tsiolis, Founder of AGORACOM, stated “Our participating Uranium companies and experts are truly pioneers for having the vision to recognize that online conferences remove all barriers to participation, which brings together the largest possible audience of investors from around the world.” 

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Oreninc Index Update: March 7, 2013

Oreninc Index Back Down

The Index is back down after a one-week hiatus while the Oreninc Team was in Toronto at PDAC.  During the conference, our Managing Director Benjamin Cox presented on the “Capital Markets Crisis of 2013” at PDAC’s Annual General Meeting, which can be downloaded below.

Following a rosier market during the week ending February 21st, the two most recent weeks, ending February 28th and March 7th, were considerably weaker.  The two faltered in different ways.  The week ending February 28th had an increase in total deals opened, however average deal size and total dollars announced fell significantly. In contrast, the week ending March 7 had the most brokered offerings announced since January, but total number of offerings was down.  The tumultuous market seems to be heading with us into spring.

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Oreninc Index Update: February 21, 2013

Oreninc Index Jumps in Holiday Shortened Week

The markets started to display a heartbeat of life, and the Oreninc Index took a positive turn in the family day shortened week ending February 21, 2013.  The week saw a marked increase in dollars opened for both brokered and non-brokered deals.  Numbered of brokered deals was flat, while one bought deal was announced for the first time in three weeks.  Although the financing markets remain very shaky, it’s nice to see jumps from time to time.

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