Resources

Activa Resources AGwww.activaresources.com
Activa Resources AG owns a portfolio of drilling rights to oil and natural gas projects in Texas and Louisiana through its wholly-owned American subsidiary, Activa Resources, LLC. The company began oil and gas production in 2005 and currently has nine employees. We initiated coverage in November 2013.
Recent reports

Almonty Industries Inc. | www.almonty.com
Almonty is a turnaround investor-operator specialising in acquiring distressed and underperforming operations and assets in tungsten markets. We initiated coverage in June 2017.
Recent reports

Deutsche Rohstoff AG | www.rohstoff.de
Deutsche Rohstoff AG (DRAG) is a resources company with a portfolio of properties in gold, oil/gas, base metals and so-called high tech metals such as indium, gallium and rare earths. The business model is based on production of reserves in well explored areas in politically stable countries. The company is based in Heidelberg, Germany. We initiated coverage in July 2010.
Recent reports

Rock Tech Lithium Inc.rocktechlithium.com
Rock Tech Lithium Inc. is a Canadian-based mineral exploration company focused on the Georgia Lake lithium property in Ontario. Georgia Lake’s NI 43-101 resource estimate shows an indicated resource of 3.19 million tonnes grading 1.10% Li2O and an inferred resource of 6.31 million tonnes grading 1.00% Li2O. Production is scheduled to start in 2021. We initiated coverage in March 2017
Recent reports

United Commodity AGwww.united-commodity.com
United Commodity AG specialises in the industrial application and international marketing of sustainable recycling technologies for efficient tailings (mine waste) management in the precious metals sector. We initiated coverage in November 2012.
Recent reports