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C:SL - Sola presses ahead with Canadian plans
[2008-05-15 15:40 ET]
Sola Resource Corp. is topping up its treasury with flow-through cash that will be enough to allow the company to earn an interest in the McKay project in the Northwest Territories. The property has its challenges, but offers a favourable address. more...

C:VAA - Vaaldiam looks to winter drilling at Candle
[2008-05-15 15:39 ET]
Vaaldiam Resources Ltd. has a tentative plan to collect a larger sample of kimberlite from its C-29/30 pipe at Candle lake in Saskatchewan. The company is waiting for results of its first test, but is optimistic there will be enough gems for a new look. more...

C:AAD - Archangel seeks Russian approval
[2008-05-14 16:33 ET]
Archangel Diamond Corp. is assessing the impact of new Russian laws about foreign ownership, just days after the company agreed to share the Verkhotina project with Lukoil. The Grip pipe is rich in diamonds, but dealing with the Russians is a challenge. more...

C:PGD - Peregrine et al to hunt Wager Bay diamonds
[2008-05-14 16:32 ET]
Peregrine Diamonds Ltd. and Indicator Minerals Inc. plan to drill several targets on their Nanuq North property once Peregrine wraps up drilling on the adjoining Nanuq play. Three diamondiferous pipe finds last year add to the geochemical encouragement. more...

C:TIM - Timminco shines through media storm, short selling
[2008-05-14 13:32 ET]
Timminco Ltd., a high-flying TSX solar silicon player that has been a cash cow for some insiders over the past year, appears to be shining through a recent media storm and gloomy forecasts from short sellers who want more light shed on the company. more...

C:PTQ - Petaquilla's former director Levy sues over options
[2008-05-14 13:31 ET]
Petaquilla Minerals Ltd. and Petaquilla Copper Ltd. former director Michael Levy claims the companies are shortchanging his options under a severance package. He says he never agreed to reduce his options. He is suing the companies. more...

C:IME - Indicator starts Barrow drilling
[2008-05-13 17:12 ET]
Indicator Minerals Inc. is starting to drill targets on its Barrow property in central Nunavut, southeast of Kugaaruk. The company has several lake-based targets to test, as it seeks the source of a significantly diamondiferous boulder found in 2005. more...

C:DOS - Dios plans more Quebec drilling
[2008-05-13 17:10 ET]
Dios Exploration Inc. is planning drill programs on two other Quebec diamond properties this spring and summer. The company is now busy on Pontax, and Chibouki and 33 Carats are next in line. Dios will spend several hundred thousand dollars on the tests. more...

C:*CNQ - Pure Trading's volumes rise; CNQ gets new shareholder
[2008-05-12 19:07 ET]
Pure Trading's average daily volume rose in the week ended May 9, going from 1.96 million shares to 2.1 million. During the week an Illinois company, Vernon & Park, bought an undisclosed interest in Pure Trading's owner, the CNQ. more...

C:*SEC - SEC secures restraining order against Gold-Quest Int'l
[2008-05-12 13:58 ET]
The SEC has secured an order for emergency relief in the alleged Gold-Quest International Ponzi scheme. The B.C. and Manitoba securities commissions warned investors about Gold-Quest in March, but the defrauding continued according to the judge. more...

Indexes
DJIA12992.66+94.28
Nasdaq2533.73+37.03
TSX14828.06+201.75
TSX-V2576.08+8.40
TSX-Gold318.45+11.26
London Au881.25+14.75
$Cad/Usd0.9991+0.0003
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US Headlines

ABT - Abbott Launches Next-Generation StarClose(R) SE Vascular Closure System
[2008-05-16 01:02 ET]  

NOSY - Minerva Reports Net Revenue Growth of 51% in 1Q08
[2008-05-16 00:48 ET]  

YHOO - Yahoo! and WPP Forge Multi-Year Strategic Partnership
[2008-05-16 00:01 ET]  

WPPGY - Yahoo! and WPP Forge Multi-Year Strategic Partnership
[2008-05-16 00:01 ET]  

CHT - Chunghwa Telecom Chooses Adobe Flash Technology for New Channel Me Data Service
[2008-05-16 00:01 ET]  

ADBE - Chunghwa Telecom Chooses Adobe Flash Technology for New Channel Me Data Service
[2008-05-16 00:01 ET]  

UTVG - CORRECTING and REPLACING Universal Travel Group Announces 2008 First Quarter Financial Results
[2008-05-16 00:00 ET]  

IBM - IBM and HIPAAT Team to Give Patients Control Over Personal Health Information Access
[2008-05-15 23:59 ET]  

ADL - AMDL Announces First Quarter 2008 Results Posting Sales of $3.58 Million
[2008-05-15 23:49 ET]  

CTVWF - CityView Corporation Limited (ASX:CVI) Concludes US$1.1 Billion Project Funding Plans
[2008-05-15 23:44 ET]  


Stockwatch Canadian Headlines *  Display Canadian headlines first

HRG - High River Gold loses $2.30-million in Q1 2008
[2008-05-15 22:32 ET]
High River Gold Mines Ltd. lost $2.30-million in the first quarter ended March 31, 2008, down from earnings of $266,000 in the same period last year. It recorded revenue of $45.04-million in the quarter, up from $30.64-million last year. more...

GLQ - Global Copper investor K2 holds 5.49%
[2008-05-15 22:15 ET]
Global Copper Corp. investor the K2 Principal Fund LP has acquired shares of Global Copper. K2 now owns 1.80 million shares of the company, representing 5.49 per cent of the outstanding shares of Global Copper. more...

WHD - West Hawk grants options to buy 4.25 million shares
[2008-05-15 22:09 ET]
West Hawk Development Corp. has granted options to buy 4.25 million shares of the company to its officers and directors. The options are exercisable at 25 cents per share until March 18, 2010. more...

AUN - Aurcana names Nichols as vice-president, operations
[2008-05-15 22:04 ET]
Aurcana Corp. is naming Andy Nichols as vice-president, operations. He will work at La Negra and will oversee development and production at the Shafter mine. more...

BNB - BAM Investments earns $51.52-million in Q1
[2008-05-15 21:53 ET]
BAM Investments Corp. earned $51.52-million on investment income of $57.84-million in the first quarter ended March 31, 2008. These numbers are way up from earnings of $3.09-million on investment income of $7.82-million in the same period last year. more...

WNP - Western Prospector forms committee to consider Khan bid
[2008-05-15 21:34 ET]
Western Prospector Group Ltd. has named Gordon Pridham to its board of directors to replace Kenneth de Graaf. Mr. Pridham will chair a special committee to consider the unfriendly bid recently received from Khan Resources Inc. more...

WCT - Wood Composite 5.55 million shares for debt
[2008-05-15 21:17 ET]
Wood Composite Technologies Inc. has received TSX-V approval to issue 5.55 million shares at 13.5 cents per share to settle $750,000 in debt owing to insider creditor Michael Greenwood. more...

WEQ - WesternOne Equity Income Fund to list on TSX on May 20
[2008-05-15 21:07 ET]
WesternOne Equity Income Fund will list units and 9-per-cent debentures for trading on the TSX at the open on Tuesday, May 20, 2008. The debentures are convertible at any time at a conversion price of $4.20 per unit. more...

KRE - Kenrich-Eskay Eskay Creek property agreement
[2008-05-15 21:04 ET]
Kenrich-Eskay Mining Corp. has filed with the TSX-V an option agreement to earn up to an 80-per-cent interest in properties in Eskay Creek, B.C. It must pay $100,000 and issue one million shares. more...

TIF - TransForce share substitution for units
[2008-05-15 20:54 ET]
TransForce Income Fund will list common shares in substitution for its units which will then delist. The shares will trade under new symbol TFI and new Cusip No. 89366H 10 3. more...