Stockwatch Street Wires
- Shell Summary for Oct. 12, 2018
Ivan Spector lists his first capital pool shell, Meteorite Capital, with a $750,000 IPO at 15 cents.
Resource promoter Stephen Shefsky plans to list his first capital pool shell, BB1 Acquisition, with a $500,000 IPO at 10 cents.
- BCSC finds Mountainstar disclosures false, misleading
The BCSC has found against Mountainstar Gold Inc. and its president, Brent Johnson, who made claims related to Barrick Gold Corp.'s Pascua Lama project. The regulator has determined that the company failed to properly disclose a string of court losses.
- Diamond & Specialty Minerals Summary for Oct. 12, 2018
Stornoway Diamond is gradually moving its Renard diamond mine toward profitability. MGX Minerals says its Gibraltar silica is medium-quality feedstock. Deer Horn Capital is expanding its tellurium focus to Colorado.
- Gold Summary for Oct. 12, 2018
Equinox Gold has raised $75-million (U.S.) to acquire the Mesquite gold mine in California. Osisko Mining has dug its way into Zone 27 to collect its Windfall Lake bulk sample. Decade Resources has assays from a hole into Waterpump at Red Cliff in B.C.
- Lomiko's Gill seeks to identify forum user "leesland"
Lomiko Metals Inc.'s CEO, Paul Gill, has once again filed a court case against a Stockhouse poster. He claims that a user named "leesland" is behind a three-year string of defamatory material.
- Shell Summary for Oct. 11, 2018
Arturo Bonillas's first capital pool shell, Magna Gold, arranges a Mexican mining QT. Peter Chen's first shell, Inceptus Capital, arranges a Chinese oil and gas services QT. John Travaglini's second shell, Platform 9 Capital, arranges a U.S. fintech QT.
- Diamond & Specialty Minerals Summary for Oct. 11, 2018
Mountain Province Diamonds and De Beers are looking to extend the life of Gahcho Kue. First Vanadium has encouraging assays from the Carlin vanadium project in Nevada. Avalon Advanced Materials touts modest progress at its Nechalacho rare earth project in the NWT.
- Gold Summary for Oct. 11, 2018
Minera Alamos has its first assays in several years from Santana in Mexico. Gold Standard Ventures has encouraging rock sample assays from LT, a new area on Railroad-Pinion in Nevada. Moneta Porcupine Mines has new assays form Golden Highway, east of Timmins.
- Parvez Tyab heads to court after bank takes his Tesla
Vancouver's Parvez Tyab has filed a lawsuit over the seizure of his car, a 2014 Tesla. He claims the dealership that sold him the car three years ago failed to tell him about money that it had borrowed against the vehicle.
- Harvest One responds to Gedeon lawsuit, says little
Harvest One Cannabis Inc. denies that it is liable for any payment to its former CEO, Andreas Gedeon. The company is responding to a lawsuit in which Mr. Gedeon is seeking $525,000 over his dismissal.
- Diamond & Specialty Minerals Summary for Oct. 10, 2018
Diamond counts in hand, Arctic Star Exploration ponders its next move at Timantti, in central Finland. Plateau Energy Metals is seeking cash for Falchani in Peru, which is yielding encouraging assays. Power Metals has new assays from Case Lake in Ontario.
- Gold Summary for Oct. 10, 2018
Red Pine Exploration has new assays from its Wawa gold project in Northern Ontario ahead of a new resource update. GT Gold has new assays from Saddle North at Tatogga in B.C. Skeena Resources has new assays from Eskay Creek in B.C.
- Shell Summary for Oct. 10, 2018
David Rosenkrantz plans to list two shells, Pinehurst Capital I and Pinehurst Capital II, each with a $200,000 IPO at 10 cents. Among his fellow shell directors and officers are a 22-year-old travel agent and a former U.S. Army sniper in the Iraq War.
- BCSC rules against Hamilton, clears Lichti
The BCSC has found against Matthew Hamilton, a Vancouver man who concealed his control over an OTC-BB listing in 2012. The regulator says that he secretly held the company's shares up until he sold the company as a shell.
- IIROC fines Panzures for accepting event tickets
IIROC has imposed $65,000 in financial penalties on Sam Panzures, a HollisWealth employee who accepted tickets to several events from mutual fund companies. Among other things he received a pair of tickets, worth $12,400, to a Formula One race.
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