Stockwatch Street Wires
- Shell Summary for Jan. 16, 2018
Scorpion Resources has a QT update. Its target, Blockstrain Technology, is licencing some cannabis software. Over the past six months, 130 Canadian listings have talked up blockchain, with 50 raising almost $600-million.
- Gold Summary for Jan. 16, 2018
Golden Predator has gnawed off another batch of tasty assays from 3 Aces in Yukon. Goldstrike Resources has new assays from Lucky Strike in Yukon. More drilling will follow. Goldmining has a new resource estimate for Crucero in Peru.
- Diamond & Specialty Minerals Summary for Jan. 16, 2018
Tsodilo Resources has found a BK-16 diamond before it has started processing a 2,000-tonne bulk sample. Cruz Cobalt, busy in the East, has started work on three British Columbia cobalt projects. US Cobalt has cobalt assays from Iron Creek in Idaho.
- SEC defendant Cervino facing up to 11 years
SEC defendant Christopher Cervino should serve nine to 11 years in jail, say prosecutors. He was part of a scheme that included Vancouver-linked fraudster Ed Durante, in which retirees and widows lost millions.
- Diamond & Specialty Minerals Summary for Jan. 15, 2018
Gem International Resources is facing a dissident bid for control. Alba Minerals looks to be an equal partner with Noram Ventures at Clayton Valley in Nevada. Rock Tech Lithium is optimistic, but vague about 2018.
- Energy Summary for Jan. 15, 2018
Canacol Energy cheers the results of a gas appraisal well in Colombia. Valeura Energy appoints a new chairman and a new director. SDX Energy continues to talk up Moroccan gas.
- Gold Summary for Jan. 15, 2018
Orefinders Resources has a preliminary economic assessment for a portion of its Mirado project in Northern Ontario. GT Gold has high-grade gold and silver assays from its Tatogga project in British Columbia. Torex Gold Resources is slowly restarting its ELG mine in Mexico.
- Shell Summary for Jan. 15, 2018
Wilson Jin's first shell, Transcontinental Gold, plans to acquire a Fijian gold mining junior, Marvel Dragon. Ming Chiang's second shell, Evermount Ventures, plans to launch Tony Guo's California mining junior, SW Tech, the owner of the Ord Mountain gold-copper project.
- Rizal Resources sued by $1,000-a-day mine consultant
Rizal Resources Corp. is facing a lawsuit from a consultant who claims that the company did not fully pay him for work on an underground mine. He says that the company owes him $301,000 (Australian).
- BCSC asks court to enforce Dabney's unpaid fine
The BCSC has gone to court seeking to collect an unpaid fine from Vancouver's Raymond Dabney. The penalty stems from misleading news releases that he issued in 2003 for an OTC-BB company, Xraymedia Inc.
- Energy Summary for Jan. 12, 2018
Alberta gas producer Peyto Exploration rallies after reducing its dividend and its 2018 capital budget. Crown Point Energy rises after releasing production results from a new well in Argentina.
- Diamond & Specialty Minerals Summary for Jan. 12, 2018
Stornoway Diamond had a predictable 2017, expects a rosier 2018, at its Renard mine in Quebec. Saville Resources is acquiring the Eldor niobium project in Northern Quebec from Commerce Resources. Cobalt Power is raising cash for cobalt exploration in Ontario.
- Gold Summary for Jan. 12, 2018
Barkerville Gold Mines has big, but still vague, plans for Island Mountain and Cow Mountain in British Columbia this year. First Majestic Silver wants to acquire Primero Mining, for stock. K92 Mining has new assay encouragement from Kora North in Papua New Guinea.
- Shell Summary for Jan. 12, 2018
Steve Bajic's ninth shell, Margaux Red Capital, arranges a Brazilian lithium QT with Sigma Lithium. Zula Kropivnitski's first shell, Spirit Bear Capital, arranges a cryptocurrency QT with FinX Solutions.
- SEC defendant Cervino hopes to avoid prison
SEC defendant Christopher Cervino, awaiting sentencing along with Ed Durante for the VGTel Inc. fraud, has asked the judge to spare him jail. He says that he has already lost his career and claims his role in the scheme was minor.
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