Stockwatch Street Wires
- Shell Summary for Jan. 23, 2019
John MacPhail and Raphael Danon plan to list their first capital pool shell, Woodbridge Ventures, with a $450,000 IPO at 10 cents.
- Energy Summary for Jan. 23, 2019
Crescent Point firms up its share buyback program. Bellatrix Exploration, on the verge of losing its NYSE listing, decides to give up the listing voluntarily. InPlay Oil touts its "exceptional" Cardium wells and outlines its plans for 2019.
- Gold Summary for Jan. 23, 2019
Goldsource Mines has received encouraging assays from its Salbora discovery at Eagle Mountain in Guyana. Galway Metals has visible gold and encouraging assays from Clarence Stream in N.B. Amex Exploration has new assays from Perron in Quebec.
- Diamond & Specialty Minerals Summary for Jan. 23, 2019
Diamond Fields Resources has more carats from its ML-111 licence off the coast of Namibia. First Cobalt has new assays from the Iron Creek cobalt project in Idaho. Bearing Lithium has a feasibility study of Maricunga in Chile.
- Carlyle's Masselli loses lawyer after bad cheque
Carlyle Entertainment Ltd.'s Sandy Masselli looks to have more trouble in the bad-cheque fraud case that he faces. He has lost his lawyer after paying his bill with what the lawyer says was a bad cheque.
- Shell Summary for Jan. 22, 2019
Don Wright, Avi Grewal and John O'Sullivan's second shell, Cinaport Acquisition II, has moved its shareholders meeting to Jan. 30 from Dec. 20. It has added a director nominee, Sharon Ranson. The shell is working on a QT with a marijuana retailer, Fire & Flower.
- Energy Summary for Jan. 22, 2019
MEG Energy, having fended off Husky Energy's hostile takeover bid, outlines its plans for 2019. Razor Energy hopes some acquisitions will liven up an otherwise quiet year. Falcon Oil and Origin Energy prepare to resume drilling in Australia.
- Diamond & Specialty Minerals Summary for Jan. 22, 2019
Canalaska Uranium is still seeking diamonds in the Athabasca district of Saskatchewan, but its plans remain murky. GTA Resources and Mining's sale to CBLT is apparently back on. American Lithium is acquiring the Extinction Ridge vanadium project in Nevada.
- Gold Summary for Jan. 22, 2019
Gold Standard Ventures has resumed drilling at Dark Star, in Nevada. Continental Gold has high-grade assays from Veta Sur at its Buritica project in Colombia. Rio2 has new assays from Fenix in the Maricunga area of Chile.
- Biozoom defendant Ahearn avoids jail
Biozoom Inc. transfer agent John Ahearn has received a probationary sentence for his part in a $34-million (U.S.) pump-and-dump. He previously pleaded guilty and testified for the prosecution.
- Shell Summary for Jan. 21, 2019
Marc Sontrop's third shell, Aim3 Ventures, plans to acquire an aspiring African marijuana producer called Southern Sun Pharma. Mr. Sontrop's first two shells also closed marijuana deals and were both successes for their IPO investors.
- Energy Summary for Jan. 21, 2019
Peyto Exploration's CEO defends last week's dividend cut and laments a "serious crisis" in the gas industry. ARC Resources' chairman calls for the Alberta government to introduce mandatory production restrictions on gas. Granite Oil completes a financing.
- Diamond & Specialty Minerals Summary for Jan. 21, 2019
Stornoway Diamond has two new directors. Diamond Fields has wrapped up one phase of its intermittent mining at ML111, off the coast of Namibia. Pancontinental Resources is acquiring an option on the Strachan cobalt project in Northern Ontario.
- Gold Summary for Jan. 21, 2019
Westhaven Ventures slumped on high-grade assays from its Shovelnose project in B.C. Ximen Mining and GGX Gold have new assays from the COD vein at Gold Drop in B.C. Radisson Mining Resources has new assays from O'Brien in Quebec.
- Diamond & Specialty Minerals Summary for Jan. 18, 2019
North Arrow Minerals has more microdiamond counts from its Q1-4 kimberlite at Naujaat in Nunavut. First Vanadium has new assays from its Carlin vanadium project in Nevada. Frontier Lithium likes its channel sampling assays from Spark, in Ontario.
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