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by Stockwatch Business Reporter

The TSX Venture Exchange declined 3.48 points to 700.17 Tuesday. Christopher Wolfenberg's halted capital pool shell, Golden Sun Capital Inc. (GST), hopes to acquire Brad and Brent Willis's Voyageur Industrial Minerals Ltd. as its qualifying transaction.

Golden Sun will issue 43.7 million shares to the shareholders of the target Voyageur and then take Voyageur's name. Voyageur owns the Frances Creek, Jubilee Mountain and Pedley Mountain prospects near Radium Hot Springs, B.C. The former owner of the properties, Tiger Ridge Resources Ltd., mined barite from the Jubilee Mountain prospect between 1998 and 2005, after which it closed the mine because of low barite prices, which Voyageur says have since recovered. In fact, barite prices have done much better than just recover. According to the United States Geological Survey, barite sold at an average price of $55 (U.S.) per ton in 2005, and in 2014 it sold at $125 (U.S.) per ton.

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