Stockwatch Street Wires
- Shell Summary for Nov. 22, 2017
Richard Grayston's capital pool shell, Red Rock Capital, plans to split its shares 2.33 for 1, then sell a $700,000 private placement of postsplit shares at 11 cents. Jonathan Sandelman plans to list a SPAC, Cannabis Strategies Acquisition, with a $125-million IPO at $10.
- Barkerville ex Callaghan denies using confidential data
Barkerville Gold Mines Ltd.'s former president, Frank Callaghan, denies that he did anything wrong when he acquired a claim next to the company's property. He says that the ground was available for anybody to stake.
- Energy Summary for Nov. 22, 2017
Seven Generations and Cenovus Energy enjoy insider buying. Delphi Energy toils away in the Alberta Montney. Parex Resources' investors shrug off its latest drill results in Colombia. Crown Point looks to double its production in Argentina, but will need more money first.
- Diamond & Specialty Minerals Summary for Nov. 22, 2017
Mountain Province Diamonds has held its ninth sale of rough from Gahcho Kue. Prices were better, but still not good. Cobalt Power Group has assays from sampling at Smith in Ontario. First Cobalt has assays from sampling at Caswell in Ontario.
- Gold Summary for Nov. 22, 2017
Adamera Minerals has new assays from Overlook in Washington. Mammoth Resources is set to start drilling at Tenoriba in Mexico. Grande Portage Resources has another set of assays from Herbert in southeastern Alaska.
- Diamond & Specialty Minerals Summary for Nov. 21, 2017
Diamond Fields International will resume mining its ML-111 diamond concession off the coast of Namibia. First Cobalt is pleased with favourable votes for its merger plans. Prophecy Development has a vanadium resource estimate for Gibellini in Nevada.
- Gold Summary for Nov. 21, 2017
Goldmining Inc. has acquired the two-million-ounce Crucero gold project in Peru from Lupaka Gold. Asanko Gold is doing better at its Asanko mine in Ghana, but its stock continues to fall. Champion Bear Resources has a resource at Plomp Farm in Ontario.
- Shell Summary for Nov. 21, 2017
Bill Ye's first shell, Hope Well Capital, plans to acquire a mobile payments company called Payfare Inc. Sheldon Pollack and Adam Adamou's first shell, OV2 Investment, hopes to launch a holding company focusing on blockchain technology and cryptocurrencies.
- Energy Summary for Nov. 21, 2017
Obsidian Energy shareholder FrontFour boosts its position to 27 million shares from 19 million. SDX Energy tones down the hype at South Disouq and cranks up the hype at Sebou. Gear Energy's CEO strives to stir up excitement ahead of releasing Gear's 2018 guidance.
- Nevsun loses jurisdiction appeal in Bisha lawsuit
Nevsun Resources Ltd. must face a lawsuit from a group of former employees of the Bisha mine, three appeal judges have ruled. The company had sought to have the case dismissed on jurisdictional grounds.
- SEC cites Florida man for unregistered dealing
The SEC has filed a case against Florida's Ibrahim Almagarby for selling 7.4 billion shares of several penny stocks. The SEC claims that he operated as an unregistered dealer.
- Diamond & Specialty Minerals Summary for Nov. 20, 2017
Tango Mining has resumed production at the Oena alluvial diamond project in South Africa. Leading Edge Materials has new lithium assays from drilling at Bergby in Sweden. Cavan Ventures has scaled back its placement. Lomiko Metals has closed another tranche of its placement.
- Energy Summary for Nov. 20, 2017
TransCanada's Keystone XL clears its last major regulatory hurdle. Cenovus Energy is worth a look during tax-loss selling season, say analysts. Africa Energy expands in South Africa, and Petro Vista follows Africa Hydrocarbons' lead and turns its focus to technology.
- Shell Summary for Nov. 20, 2017
Robert Hall's capital pool shell, Abcana Capital, submits a filing statement for its acquisition of Farshad Shirvani's B.C. mining junior, Casa Minerals.
- Gold Summary for Nov. 20, 2017
Goldstrike Resources has some assay encouragement from its Lucky Strike project in Yukon. Barkerville Gold Mines has another batch of glittering assays from Island Mountain in British Columbia. Otis Gold has new assays from Kilgore in Idaho.
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