Stockwatch Street Wires
- Energy Summary for Feb. 23, 2018
Obsidian Energy boosts its reserves and appoints Jay Thornton as chairman. Gas producer Perpetual Energy pleases investors by lowering its 2018 budget. BlackPearl Resources' phase 2 expansion at Onion Lake continues to move along nicely.
- Diamond & Specialty Minerals Summary for Feb. 23, 2018
Dunnedin Ventures has new targets to drill at Kahuna this spring. Saint Jean Carbon plans to acquire the Lochaber graphite deposit from Great Lakes Graphite. Spearmint Resources has begun drilling its Clayton Valley lithium project in Nevada.
- Gold Summary for Feb. 23 2018
B2Gold has an open-pit resource estimate for the El Limon Central zone at its El Limon mine in Nicaragua. Core Gold has encouraging assays from trenching at Linderos in Ecuador. Southern Silver Exploration has an updated resource estimate for Cerro Las Minitas in Mexico.
- Shell Summary for Feb. 23, 2018
Vince Gasparro and Michael Galego plan to list two shells, Apolo II and Apolo III, each with a 10-cent IPO. Brian Bayley and Murray Sinclair's Nebo Capital arranges a blockchain QT. Paul Haber's shell, Meryllion, arranges a cryptocurrency deal; its stock falls on the news.
- Resource Group's Sahachaisere receives 27 months
Resource Group International Inc. defendant Songkram Sahachaisere has received two years and three months in jail for his part in a $120-million (U.S.) manipulation scheme. His co-defendants include jailed Canadian Sandy Winick.
- Diamond & Specialty Minerals Summary for Feb. 22, 2018
Lucara Diamond had a solid year in 2017 and expects a good 2018 at Karowe, but the best years may be in the past. Berkwood Resources has hit high-grade graphite at Lac Gueret South in Quebec. Leading Edge Materials struggles with Sweden's bureaucracy over Norra Karr.
- Gold Summary for Feb. 22 2018
Atlantic Gold has new assays from satellite deposits at Fifteen Mile Stream and Cochrane Hill in Nova Scotia. B2Gold has a maiden resource estimate for Toega in Burkina Faso. QMX Gold has started drilling at Val d'Or East in Quebec, testing targets accessible in winter only.
- Energy Summary for Feb. 22, 2018
Raging River attempts to hype its exploration, production and reserves, but investors are unmoved. Canacol Energy releases pleasing results from gas appraisal wells in Colombia. Molori Energy is incredibly excited to find oil in Texas.
- Shell Summary for Feb. 22, 2018
Matthew Wood's Australian-Mongolian-Canadian shell-making group plans to list its second shell, Spirit Banner II Capital, with a 10-cent IPO. The group's first shell, Spirit Banner Capital, closed its own 10-cent IPO yesterday, raising $1-million.
- Swisher Hygiene ex Viard to remain in jail
Swisher Hygiene Inc.'s former CFO, Joanne Viard, has lost an effort to get out of jail while she awaits sentencing. The judge cited two egregious drinking incidents, one of which resulted in a police chase.
- SEC defendant Reissman hopes to remain free
SEC defendant Walter Reissman, who helped Vancouver-linked fraudster Ed Durante with the VGTel Inc. scheme, has asked a judge to spare him jail. He claims that Mr. Durante manipulated him into joining the fraud.
- Energy Summary for Feb. 21, 2018
Spartan Energy produced as much oil in 2017 as it said it would. Pengrowth Energy CEO Derek Evans is retiring. Falcon Oil rises, thanks to a technical update on its Beetaloo project in Australia.
- Diamond & Specialty Minerals Summary for Feb. 21, 2018
Arctic Star Exploration has found another kimberlite on its Timantti project in Finland. Rock Tech Lithium is acquiring the Nogalito lithium brine project in Mexico. Mustang Minerals has acquired a lithium and rare metals property near its Makwa-Mayville project in Manitoba.
- Gold Summary for Feb. 21 2018
Kerr Mines has encouraging assays from the Copperstone project in Arizona. Barkerville Gold Mines has high-grade assays from the Shaft zone at Island Mountain in British Columbia. Avino Silver and Gold Mines has updated its resource estimate for Avino in Mexico.
- Shell Summary for Feb. 21, 2018
Peter McKeown plans to list his first shell, MG Capital, with a $250,000 IPO at 10 cents. Amador Gold firms up plans to acquire Roy Sebag's investment jeweller, Mene Inc. Mr. Sebag is also looking to list his Israeli cryptocurrency company in Canada.
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