Stockwatch Street Wires
- Shell Summary for June 18, 2018
Navin Varshney plans to list his fifth capital pool shell, Usha Resources, with a 10-cent IPO. His first four capital pool shells yielded three successes and one failure for their IPO investors.
- Diamond & Specialty Minerals Summary for June 18, 2018
Altius Minerals hopes to spin off its Lynx diamond project in Manitoba. Leading Edge Materials is still answering government questions about its Norra Karr rare earth project in Sweden. International Lithium is selling more debentures.
- Gold Summary for June 18, 2018
Terrax Minerals has a new president and CEO, but his predecessors are sticking around. Pure Gold Mining has high-grade assays from the Wedge zones at Madsen, in Northwestern Ontario. Pretium Resources has a long gold hit from drilling at Brucejack in B.C.
- Diamond & Specialty Minerals Summary for June 15, 2018
Five Star Diamonds has big plans for Maravilha and Catalao -- perhaps. Belmont Resources hopes to be drilling at its Kibby lithium project in Nevada. Iconic Minerals has completed a third hole at Bonnie Claire, its lithium project in Nevada.
- Gold Summary for June 15, 2018
Gowest Gold has set the prices for its $5-million placement. It needs cash to pay bills and advance the Bradshaw project in Ontario. Orosur Mining is seeking to solve its financial woes in Uruguay. Nxgold has raised cash for its Pilbara gold project.
- Shell Summary for June 15, 2018
James Hutton's first shell, Owl Capital, begins trading. It is raising $1.5-million in a private placement at 10 cents. Mike Belantis's first shell, Rebel Capital, arranges a QT with Spektra Drilling. Peter Karos plans to list his first shell, 10674419 Canada Corp.
- Resource Group defendant Sahachaisere to appeal
Resource Group International Inc. defendant Songkram Sahachaisere is preparing an appeal of the conviction that he received for a $120-million (U.S.) fraud run by Toronto's Sandy Winick. He claims that an FBI agent's testimony was improper.
- SEC boiler room defendant Antos pleads guilty
SEC defendant Ashley Antos has pleaded guilty to charges stemming from a $147-million (U.S.) boiler room scheme. Prosecutors claimed that she and others aggressively pushed shares in five thinly traded companies on seniors and others.
- Diamond & Specialty Minerals Summary for June 14, 2018
Lucara Diamond's new vice-president suggests the company is looking for something new. Forum Energy Metals and Golden Share Resources have acquired a Wyoming vanadium project. Saint Jean Carbon continues its shakeup.
- Shell Summary for June 14, 2018
Thomas O'Neill plans to list his second capital pool shell,
Sherpa II Holdings, with a 10-cent IPO.
Stuart Olley plans to list his first capital pool shell, Cassowary Capital, also with a 10-cent IPO.
- Gold Summary for June 14, 2018
TomaGold has high-grade assays from its Monster Lake gold project in Quebec. Erdene Resource Development has long gold hits at Bayan Khundii in Mongolia. A maiden resource estimate will follow later this year. GGX Gold has assays from the COD vein on Gold Drop in B.C.
- CMKM defendants Kinney, Gutierrez to receive one year
CMKM Diamonds Inc. defendants James Kinney and Ginger Gutierrez will serve one year in jail for participating in a massive 2004 pump-and-dump of the company, assuming the judge agrees with the government's sentence recommendation.
- Diamond & Specialty Minerals Summary for June 13, 2018
Margaret Lake Diamonds has only half of the cash it was seeking for its diamond hunts in Canada's North. Canada Carbon is in a litigious mood over bureaucratic hurdles at Miller. Vanadiumcorp Resource has been halted because of delays in fixing a flawed PEA.
- Gold Summary for June 13, 2018
Nighthawk Gold has boosted its resource estimate for the Colomac gold project in the Northwest Territories. Amarillo Gold has new assays from old core at its Mara Rosa project in Brazil. Gold Standard Ventures has assays from a new target at Railroad-Pinion in Nevada.
- Shell Summary for June 13, 2018
Anthony Lacavera's shell graduate and blockchain investor, Globalive Technology, begins trading. So does Ben Kovler's shell graduate and U.S. marijuana producer, Green Thumb. Len Brownlie plans to list his first shell, Discovery One Investment, with a 10-cent IPO.
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