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1. Gold has traded between $1,275 and $1,282 so far today…as of 7:00 am Pacific, the yellow metal is up $3 an ounce at $1,281 as it pushes for a 2nd straight weekly gain…Silver has jumped 11 cents to $17.06…Copper and Nickel are flat at $3.04 and $5.23, respectively…Copper and Zinc output in China in October jumped to their highest levels in almost 3 years…Copper production was up 6.3% year-on-year at 781,000 tonnes while Zinc production rose 3.8% to 577,000 tonnes…Crude Oil is 40 cents lower at $54.93 while the U.S. Dollar Index is up slightly at 93.86…traders see a 96.7% chance the Federal Reserve will raise rates at its December 13 meeting, according to CME Group’s FedWatch…it would be the Fed’s 3rd rate increase this year…

2. Norway’s trillion-dollar sovereign wealth fund, the world’s largest, is proposing to drop Oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, according to a Reuters‘ report this morning which quoted the deputy central bank chief supervising the fund…if accepted by the finance ministry and adopted by parliament, the fund would (over time) divest billions of dollars from Oil and gas stocks, which now represent 6% – or around $37 billion – of the fund’s benchmark equity index…it aims to reduce the exposure of the fund – and therefore the Norwegian government – to Oil price fluctuations, though that seems odd…

3. North American markets are rebounding this morning with the Dow up 133 points through the first 30 minutes of trading…Wal-Mart (WMT, NYSE) posted its strongest quarterly U.S. sales since 2009, boosted by a big jump in e-commerce and post-hurricane demand…Tesla (TSLA, NASDAQ) CEO Elon Musk has promised to unveil an electric semi truck today that will drive like a sports car and beat its diesel counterpart in a tug of war.  “This will blow your mind clear out of your skull and into an alternate dimension,” he wrote on Twitter this week…in Toronto, the TSX is up 35 points while the Venture has added 1 point to 793…Nano One Materials (NNO, TSX-V) announced this morning that it has successfully piloted Nickel rich cathode materials for high-density energy storage applications such as next-generation Lithium-ion batteries for electric vehicles.  “These pilot tests were conducted at approximately 100 times normal lab scale,” explained CEO Dan Blondal, “and the results provide added confidence that these Nickel rich materials can be manufactured at commercial scale”…

4. Calyx Bio-Ventures (CYX, TSX-V) has firmed up in early trading after announcing that it has acquired Canada Blockchain Hosting Corp. which features a unique computing infrastructure that is well suited to support next generation blockchain based applications including cryptocurrency technologies…the acquisition, for $400,000, will allow CYX to set the stage for advanced mining activities and other crypto opportunities such as blockchain based remittance, inventory control, logistics, provenance tracking, and data accountability.  “This is a significant step in the execution of the company’s strategic plan originally announced on October 16, 2017, to integrate next generation blockchain features and services into its commercial platforms,” commented Roger Forde, President and CEO of Calyx…

5. Aurora Cannabis (ACB, TSX), which made an all-share bid for CanniMed Therapeutics (CMED, TSX) earlier this week, has entered into an agreement with Canaccord Genuity to raise up to $100 million for Aurora through the sale of special warrants.  “The size and favorable terms of this offering are a recognition of our powerful growth and industry-leading execution, and reflect Aurora’s maturity, discipline and dominant position within the global cannabis sector,” stated CEO Terry Booth.  “Upon closing of this offering, and with the anticipated gross proceeds on conversion of our recently accelerated warrants, Aurora’s pro-forma cash position will exceed an unprecedented $340 million. We will deploy that capital carefully but strategically to further accelerate our domestic and international expansion plans, and to seize additional opportunities to differentiate Aurora from other producers.”

6. Bonterra Resources (BTR, TSX-V) has hit a new multi-year high after reporting this morning that drilling has identified a 5th new parallel Gold zone at its Gladiator Gold deposit in northern Quebec…the new Barbeau zone, south of the South zone, has been intersected by 6 drill holes up to 800 m below surface including most recently BA-17–40A (22.2 g/t Au over 1.9 m) as Gladiator continues to show strong continuity at depth…to date, mineralization is now confirmed over a total drilled strike length on at least 2 horizons (Main and Footwall) of 1,200 m, as well as a drilled depth of 1,200 m…the company is aggressively completing its 2017 resource development program with 4 diamond drill rigs finishing a 50,000 m program…in addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to 6 drill rigs during the upcoming 2018 winter season…

7. Wolfden Resources (WLF, TSX-V) has completed its previously announced acquisition of a 100% interest in the Pickett Mountain Property in northern Maine for a cash purchase price of $8.5 million (U.S.)…the property comprises 6,871 acres of timberland and all minerals, mining, subsurface and surface rights owned by the seller, and includes the Pickett Mountain base metal deposit which is known to be one of the highest-grade undeveloped VMS deposits in North America (historical drilling includes 18.7% Zn, 10.3% Pb, 1.6% Cu & 6.7 oz/t Ag over true width of 7.7 m)…Pickett Mountain was discovered by Getty Mines in 1979 using a combination of soil surveys, ground surveys and diamond drilling but has not been explored since 1989 due to stringent mining regulations in Maine that have just recently been relaxed by the state legislature…the deposit has been traced over a strike length of close to 900 m and appears to be open at depth…Wolfden plans to begin drilling in the near future with a mineral resource estimate planned for 2018…preliminary metallurgical test work completed on drill core produced 3 flotation concentrates with resulting recoveries of 80% for Copper, 78% for Lead and 88% for Zinc, considered to be excellent recoveries compared to most massive sulphide deposits situated in the North American Appalachians…multiple untested Cu-Pb-Zn soil anomalies situated along strike from the known deposit, and distal to the deposit, auger well for the potential to find additional similar mineralization elsewhere on the land tract…to fund the acquisition, Wolfden granted a 1.35% gross sales royalty on the Pickett Mountain Project to a subsidiary of Altius Minerals Corporation and completed a non-brokered private placement 20,200,000 subscription receipts at a price of 25 cents per receipt for gross proceeds of $5,050,000 (Altius subscribing for 70% of that)…

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