CENTRAL ISLIP, NY — A Long Island Rail Road train crashed into a vehicle on the tracks in Central Islip, MTA told Patch. MTA police said that a westbound LIRR Ronkonkoma Branch train crashed into a car containing its driver around 4:20 a.m. at the Lowell Ave grade crossing, just east of Central Islip, near Lowell and East Suffolk avenues. The driver, Jonathan Hernandez-Lima, 27, of Central Islip, was arrested, hospitalized, and charged with first-degree reckless endangerment, second-degree criminal mischief, leaving the scene with an injury, leaving the scene property damage, and driving while intoxicated, the MTA said. Ronkonkoma Branch service was impacted while crews and emergency personnel responded to the scene, and was fully restored by 7:04 a.m. on Saturday morning, the MTA said.
Metalla Royalty & Streaming (MTA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Metalla Royalty went from paying one of the highest dividend yields in the industry to not being able to cover its general and administrative expenses with royalty revenues. The share price is now close to where it started trading on the TSX Venture Exchange in 2018, although gold prices more than doubled from the USD$1,300 level of 2016. I am naturally attracted to situations in which there are a lot of disillusioned shareholders around, as they create low expectations and convex payoffs.
NuLegacy Gold Corp (TSX-V:NUG) announced it has completed the issuance of 42 million units to Metalla Royalty & Streaming in exchange for the elimination of annual exploration expenditure obligations on its Red Hill property. The deal relieves NuLegacy of the requirement to spend US$150,000 annually on exploration for 2024 and 2025.