At a time where Russia is annexing four provinces of Ukraine and threatening the rest of the world to use nuclear force to defend these “new territories”, shortages are everywhere from energy to food to materials and inflation isn’t under control yet, the stock markets are waiting for the Fed to pivot on their hawkish interest rate policies.
Despite increasingly challenging market sentiment, driven by incredible inflation, looming rate hikes, and a Russian “special operation” that isn’t just blocking commodity transport from the Ukraine, and Europe’s natural gas supply but seems to drag China into it as well, since the US would like to see a tougher stance on Russia, Tectonic Metals (TECT:TSX-V; TETOF:OTCQB; T15B:FSE) managed to close their recent private placement at C$2.3M.