Stockwatch Street Wires

C:*IIROC - IIROC sued by Global ex Lower over 2009 ban
[2019-02-20 10:18]
IIROC is facing a lawsuit from a former Global Securities Corp. employee, Scott Lower, over a permanent ban that Mr. Lower received in 2009. The suit complains that IIROC pursued Mr. Lower in an effort to improperly advance a police investigation.  more...

C:*MKTSHEL - Shell Summary for Feb. 19, 2019
[2019-02-19 21:04]
Donald Wright, Avi Grewal and John O'Sullivan's second shell, Cinaport II, closes its QT and launches a marijuana retailer, Fire & Flower. Peter Chen's first shell, Inceptus Capital, plans to acquire Spatial Imaging Laboratory and hopes to raise $4-million at 20 cents.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Feb. 19, 2019
[2019-02-19 20:35]
Patrick Evans, who has headed three of Canada's biggest diamond companies over the past 15 years, has resurfaced deep on Howe Street. Far Resources has a bead on a big cash supply. Stria Lithium could use one.  more...

C:*MKTOIL - Energy Summary for Feb. 19, 2019
[2019-02-19 20:23]
Seven Generations' minority-owned Steelhead halts its LNG project on Vancouver Island. Crescent Point's board adds the former CEO of ARC Resources. Pulse Oil plans more drilling in Alberta, and Touchstone Exploration raises money for drilling in Trinidad.  more...

C:*MKTGOLD - Gold Summary for Feb. 19, 2019
[2019-02-19 19:56]
Walker River Resources has new assays from Lapon Canyon in Nevada. Nighthawk Gold has encouraging grab sample grades and not so encouraging drill grades from Indin Lake in Canada's North. Gran Colombia Gold wants back into Venezuelan gold.  more...

C:*MKTSHEL - Shell Summary for Feb. 15, 2019
[2019-02-15 21:13]
David Henderson plans to list his first capital pool shell, CE Brands, with a $200,000 to $500,000 IPO at 10 cents. Among his fellow shell directors are Joanne Hruska, formerly of Aston Hill Financial, and Brian Prokop, formerly of Argent Energy Trust.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Feb. 15, 2019
[2019-02-15 20:48]
Ucore Rare Metals is pressing ahead with its acquisition of IBC Advanced Technologies, but it may be a rocky road. Fortune Minerals is pleased with plans to build a road close to its Nico cobalt and gold project in the Northwest Territories.  more...

U:BIZM - Biozoom defendant Schneider receives seven years
[2019-02-15 20:35]
Biozoom Inc. defendant James Schneider, a former shell lawyer, has received a prison term of seven years. He helped with several schemes, including the $34-million (U.S.) Biozoom fraud.  more...

C:*MKTOIL - Energy Summary for Feb. 15, 2019
[2019-02-15 20:24]
Warren Buffett prompts cheers throughout the oil patch as he buys over 10 million shares of Suncor Energy. Peyto Exploration and Advantage Oil talk up their latest reserve reports. Bonavista Energy's investors shrug off its 2019 guidance.  more...

C:*MKTGOLD - Gold Summary for Feb. 15, 2019
[2019-02-15 20:08]
Harvest Gold has assays from a maiden drill program at Cerro Cascaron in Mexico. Yamana Gold slumped on a 2018 loss and its 2019 production guidance. Centamin has a maiden resource estimate for ABC and an updated calculation for Doropo, in Ivory Coast.  more...

C:*MKTGOLD - Gold Summary for Feb. 14, 2019
[2019-02-14 21:02]
New Gold stumbled on a big 2018 loss, mainly at Rainy River. Silvercrest Metals has new high-grade assays from the Babi Sur vein at Las Chispas in Mexico. Adamera Minerals has new assays from Oversight in Washington.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Feb. 14, 2019
[2019-02-14 20:35]
Barker Minerals says its Tasse diamond project in B.C. is at the drilling stage. First Cobalt has new assays from Iron Creek in Idaho. Nemaska Lithium slumped on cost overruns at its Whabouchi lithium mine in Quebec.  more...

C:*MKTOIL - Energy Summary for Feb. 14, 2019
[2019-02-14 20:12]
Cenovus Energy eases up on its Deep basin asset sale process and defends the government of Alberta's mandatory production cuts. EnCana closes its takeover of Newfield Exploration. Birchcliff Energy fine-tunes its 2019 guidance and hikes its dividend.  more...

C:*MKTSHEL - Shell Summary for Feb. 13, 2019
[2019-02-13 20:44]
Gunther Roehlig's NEX shell, Darien Business Development, identifies the director nominees for its resulting issuer. It is working to acquire a U.S. marijuana producer, Vireo Health.  more...

C:*MKTDIAM - Diamond and Specialty Minerals Summary for Feb. 13, 2019
[2019-02-13 19:55]
True North Gems is rolling (back) again as it seeks new cash for a fresh start. Lico Energy Metals has new cobalt assays from Glencore Bucke in Ontario. Chimata Gold will become Strategic Metals as it focuses on a Zimbabwe tailings project.  more...

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