Stockwatch Street Wires
- Diamond & Specialty Minerals Summary for Jan. 18, 2018
Diamonds may not be in the CARDS for Albert Mining in the James Bay region of Quebec. Advantage Lithium has new lithium assays from Cauchari in Argentina. Standard Lithium is touting plans for a pilot plant in Arkansas. Goldstar Minerals has found New Brunswick tin.
- Shell Summary for Jan. 18, 2018
Paul Andreola plans to list his first shell, Ironwood Capital, with a
$202,400 IPO at 20 cents. His two fellow directors are Colin Bowkett and Greg Smith. Harry and Sonny Chew's NEX shell, Pacific Arc, more than doubles after saying "blockchain."
- Gold Summary for Jan. 18, 2018
Rye Patch Gold is raising $15-million to spruce up its balance sheet, and it is seeking alternatives to boost its value. Barsele Minerals has new assays from Barsele in Sweden. Nulegacy Gold has new assays between Serena and North Iceberg at its Red Hill project in Nevada.
- Energy Summary for Jan. 18, 2018
Husky Energy has been ordered to suspend its SeaRose vessel operations, after SeaRose came too close to an iceberg last year. Pengrowth Energy's final 2018 plans fall flat with analysts and most investors. Yangarra declines after announcing how much it spent in 2017.
- Diamond & Specialty Minerals Summary for Jan. 17, 2018
Rockwell Diamonds is still hoping a sale of Wouterspan will leave something for shareholders. NextSource Materials has a Japan trademark for SuperFlake, its Molo graphite. First Cobalt has a big drill plan for its Ontario cobalt projects this year.
- Gold Summary for Jan. 17, 2018
McEwen Mining has big plans to drill Black Fox in Ontario this year. Nighthawk Gold has new assays from its Indin Lake gold project in the Northwest Territories. Continental Gold plans a big drill program at its high-grade Buritica project in Colombia this year.
- Energy Summary for Jan. 17, 2018
NuVista satisfies investors and analysts with its 2017 production results. Obsidian Energy dissident shareholder FrontFour Capital voices its complaints; fellow shareholders yawn. TransAtlantic Petroleum puts itself on the block.
- Shell Summary for Jan. 17, 2018
Brian Presement's Sagittarius Capital plans to acquire an Israeli irrigation company as its QT. Adent Capital's QT target, Khiron Life Sciences, raises $11.23-million, almost double its planned offering, to help grow medical marijuana in Colombia.
- Aurora denies wrongdoing in option lawsuit
Aurora Cannabis Inc. denies any wrongdoing in a lawsuit it faces over a $1.9-million stock option. According to Aurora, the option expired in 2016, and is no longer exercisable.
- Shell Summary for Jan. 16, 2018
Scorpion Resources has a QT update. Its target, Blockstrain Technology, is licensing some cannabis software. Over the past six months, 130 Canadian listings have talked up blockchain, with 50 raising almost $600-million.
- Gold Summary for Jan. 16, 2018
Golden Predator has gnawed off another batch of tasty assays from 3 Aces in Yukon. Goldstrike Resources has new assays from Lucky Strike in Yukon. More drilling will follow. Goldmining has a new resource estimate for Crucero in Peru.
- Diamond & Specialty Minerals Summary for Jan. 16, 2018
Tsodilo Resources has found a BK-16 diamond before it has started processing a 2,000-tonne bulk sample. Cruz Cobalt, busy in the East, has started work on three British Columbia cobalt projects. US Cobalt has cobalt assays from Iron Creek in Idaho.
- SEC defendant Cervino facing up to 11 years
SEC defendant Christopher Cervino should serve nine to 11 years in jail, say prosecutors. He was part of a scheme that included Vancouver-linked fraudster Ed Durante, in which retirees and widows lost millions.
- Diamond & Specialty Minerals Summary for Jan. 15, 2018
Gem International Resources is facing a dissident bid for control. Alba Minerals looks to be an equal partner with Noram Ventures at Clayton Valley in Nevada. Rock Tech Lithium is optimistic, but vague about 2018.
- Energy Summary for Jan. 15, 2018
Canacol Energy cheers the results of a gas appraisal well in Colombia. Valeura Energy appoints a new chairman and a new director. SDX Energy continues to talk up Moroccan gas.
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