Legal disclosures
1.0 GENERAL TERMS OF USE
Host Rock Capital Advisory SL (“Host Rock Capital”, “Host Rock”, “We”, “Us”, and/or “Our”) is pleased to offer you access to its website, social media networks, and other services provided online.
Social media networks include a range of online activity, including participation on LinkedIn, YouTube, Instagram, X, and other interactive blogs and websites.
HOST ROCK CAPITAL IS A PROFESSIONAL SERVICES FIRM AND PUBLISHER OF FINANCIAL INFORMATION, NOT A REGISTERED INVESTMENT ADVISOR OR DEALER. BY ACCESSING HOST ROCK’S “SERVICES” (DEFINED BELOW), YOU ACKNOWLEDGE HOST ROCK IS NOT UTILIZING THEM TO PROVIDE INVESTMENT OR OTHER ADVICE. NOTHING HOST ROCK POSTS ON ITS WEBSITE, SOCIAL MEDIA NETWORKS, OR PUBLICATIONS SHOULD BE CONSTRUED AS PERSONALIZED INVESTMENT ADVICE OR A RECOMMENDATION THAT YOU BUY, SELL, OR HOLD ANY SECURITY OR OTHER INVESTMENT OR THAT YOU PURSUE ANY INVESTMENT STYLE OR STRATEGY.
1.0.1 ONLINE SERVICES:
Online services include our written and digital publications and materials, website, social media accounts (including but not limited to LinkedIn, YouTube, Instagram, Threads, and X), and all other online platforms (collectively, the “Platforms”), and all “Content” (defined below) made available through the Platforms (collectively, the “Online Services”). “Content” is defined as all communications, data, information, research, newsletters, articles and blogs, emails, images, tables, charts, graphs, videos, podcasts, webinars, books, audio, software, and any visual, audio or digital content that we make available through a Platform, and includes the contents of our Metals Mining Peer Table. The Services include certain Services provided free of charge (“Free Services”) as well as Services for which you must pay a subscription fee or other fee to have access, including but not limited to our premium Content and subscriptions (collectively “Premium Services”). The terms of this Agreement apply to both Free Services and Premium Services. Free services include, but are not limited to, subscription to the free version of our weekly and monthly Metals Mining Peer Table. Premium services include, but are not limited to, subscription to the paid versions of our daily, weekly, and monthly Metals Mining Peer Table.
1.0.2 CONFLICTS OF INTEREST.
Host Rock and/or its principals, clients, and employees (collectively “affiliates”) may beneficially own, and/or have an economic interest in, shares of the issuers (companies) mentioned in its Content made available through its Platforms. Therefore, Host Rock and its affiliates may stand to realize significant gains or losses if the price of the companies’ securities move. After a publication or social media post, Host Rock, its affiliates may continue transacting in the securities discussed, and may be long, short or neutral at any time thereafter regardless of their initial position. Host Rock and its affiliates may also be actively engaged in advisory or consulting arrangements with issuers mentioned in its Content. However, none of the information made available through its Content is derived from non-public information of such issuers, and unless explicitly stated as paid promotional Content featuring a specific company or companies, Host Rock is not compensated by issuers for any of its published Content.
1.0.3 FORWARD LOOKING STATEMENTS.
Host Rock’s Content and Platforms, may include comments that could be deemed “forward looking statements.” Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential,” “targets,” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. ALTHOUGH HOST ROCK BELIEVES THE EXPECTATIONS EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON REASONABLE ASSUMPTIONS, SUCH STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS. Factors that could cause the actual results to differ materially include, but are not limited to, market prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. You are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Host Rock on the date the statements are made. HOST ROCK DOES NOT GENERALLY UPDATE OR REVIEW PREVIOUS FORWARD-LOOKING STATEMENTS, INCLUDING THOSE CONTAINED ON ITS WEBSITE AND SOCIAL MEDIA NETWORKS, WHETHER BECAUSE OF NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE.
1.0.4 OWNERSHIP.
All Content made available through Host Rock’s Platforms is the property of Host Rock or others and is protected by copyright and other laws. All trademarks and logos are the property of their respective owners, who may or may not be affiliated with Host Rock. Nothing contained on Host Rock’s Content or Platforms should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any content or trademark displayed on any site without the written permission of Host Rock or such other third party that may own the content or trademark displayed on any site.
1.0.5 NO WARRANTY/GUARANTEE.
Host Rock compiles Content in good faith and while it uses reasonable efforts to include accurate and up-to-date information, Host Rock’s Content is made available on an “as is” basis for information purposes only without any warranties of any kind. Host Rock does not warrant the information in its Content is accurate, reliable, up to date or correct. In no event shall Host Rock be responsible or liable for the correctness of any such information or content, or for any damage or lost opportunity resulting from use of its website or social media networks.
Host Rock may share, link, like, share, comment on, etc., third-party social media content and websites as part of its social media activity to provide additional perspective for informational purposes only. Host Rock is not responsible for the content of such third-party websites and Host Rock does not endorse the products, services, or investment recommendations described or offered in third-party social media posts and websites. You should be aware that the internet, as an open network, is not secure. If you choose to send any electronic communications to Host Rock, you do so at your own risk. Host Rock cannot guarantee that such communications will not be intercepted or changed or that they will reach it safely. Host Rock will endeavor to use reasonable measures to ensure its Platforms are secure. However, Host Rock does not guarantee that information displayed has not been interfered with by third parties without its consent. Host Rock does not guarantee that its website, social media networks, or other electronic platforms or materials will be free from viruses (including, without limitation, spyware, malicious software, worms, trojan horses and harmful or contaminating code). See Content Disclaimer below for additional non warranty information.
1.1 CONTENT DISCLAIMER
Host Rock Capital Advisory SL (“Host Rock Capital”, “Host Rock”, “We”, Us’, and/or “Our”) is a professional services firm and a publisher of financial information, not a registered investment advisor or dealer. As such, our Metals Mining Peer Table (“Peer Table”) and other “Content” (as defined in our General Terms of Use) are made available for informational and educational purposes, may contain errors, and are not intended as investment advice. You should consult your broker or financial representative to verify pricing before executing any trade or investment.
Host Rock and its “affiliates” (as defined in our General Terms of Use) may own shares of certain issuers (companies) mentioned in our Peer Table or other Content, or be actively engaged in advisory or consulting arrangements with those issuers. However such share ownership or advisory/consulting arrangements generally do not relate to Host Rock’s published Content, which is made available by Host Rock strictly for informational and educational purposes. Unless explicitly highlighted as paid promotional Content featuring a specific company or companies, Host Rock is not compensated by issuers for any of its Content, nor has the Content been reviewed or verified by the issuers mentioned, nor should the Content be considered an endorsement or investment advice by Host Rock or the issuers mentioned, nor are Host Rock or the issuers mentioned responsible for any errors or omissions.
In certain instances, Host Rock may mention certain major announcements by certain issuers in its Content. However, unless specifically highlighted as paid promotional content, such announcements are mentioned strictly for informational and educational purposes.
Unless explicitly disclosed as non-public (and non-material) information within a piece of paid promotional Content featuring a specific company or companies, our Content is strictly derived from public information, including our Peer Table which is populated using our standardized, public information retrieval process and is funded entirely by its subscribers for its subscribers.
While Host Rock’s Peer Table and other Content aims to be largely factual and devoid of opinions, any opinions stated or implied in Content, including in Content that mentions certain issuers and/or their major announcements, and including in Content explicitly highlighted as paid promotional content, are only the opinions of Host Rock or its representative(s), and are made available strictly for informational purposes, not for financial advice.
Although Host Rock makes its Content available as either a free or premium (paid) service for informational and educational purposes, Host Rock shall continue to be the owner of the Content. And any unauthorized copying, alteration, distribution, transmission, display, or other use of Host Rock’s Content is prohibited.
1.1.1 Host Rock’s Metals Mining Peer Table Standardized Public Information Retrieval Process
Retrieve company reported attributable mineral resources, from public filings, website, presentation, or press releases.
If the mineral resources are noted by the Company to be “historic” (and thus less reliable and not or no longer compliant with their relevant exchange standards), then a footnote is also added to this effect. Otherwise, retrieved resources in the Peer Table were found to be indicated by the company to be compliant with their relevant exchange standards (such as NI43-101 in Canada, JORC in Australia, S-K 1300 in United States).
For developer stocks, also retrieve economic study results, including attributable post-tax NPV as a function of metal price (from company reported metal price sensitivity analysis), along with discount rate, project name, jurisdiction, study type & year.
For simplicity, we define “developers” as companies whose flagship project has an economic study published (PEA/Scoping study, PFS, or FS/BFS/DFS – that is compliant with relevant exchange standards such as NI43-101, JORC, or S-K 1300) and has yet to reach commercial production.
Add stock to our watch list with email alerts, and watch for relevant announcements, such as resource updates, new economic studies, or transactions that result in changes to attributable project ownership, and update the Peer Table accordingly.
1.1.2 Host Rock’s Metals Mining Peer Table Data Sources
The Peer Table contains spot metals pricing sourced from tradingeconomic.com (gold, silver, palladium, platinum, rhodium, copper, nickel, cobalt, lithium, and uranium), Umicore.com (iridium and ruthenium), and dailymetalspricing.com (molybdenum). Metal pricing is retrieved from these sources prior to each Peer Table publication, and may be delayed from the date and time posted on each publication (in Central European Time – CET).
Share price and ticker information are sourced from various stock market exchanges via Google Finance, are retrieved live (or slightly delayed) and electronically in a spreadsheet, and may be delayed by up to 20 minutes from the time posted on each publication (in CET), depending on the exchange, according to Google Finance (www.google.com/googlefinance/disclaimer/). The current and historic share prices are retrieved from Google Finance and shown in the Peer Table as rounded figures – to the nearest 0.01 Dollars or Euros or Pounds per share. And price performances shown in the Peer Table are derived from those rounded share prices, and thus may not be accurate, particularly for those penny stocks whose share prices trade in 0.001 per share increments (such as on ASX) or 0.005 per share increments (such as on TSXV). Market caps retrieved from Google Finance do not account for additional shares from pending financings (share issuances) that have been announced but not yet closed, and thus may be understated until after any announced and pending financings have closed, and the additional shares become reflected in those market caps retrieved from Google Finance.
Company mineral resource quantities and project economic information (NPVs) are sourced from publicly released company reports, from which they are retrieved manually by our research team.