Stockwatch Street Wires
- Energy Summary for Dec. 8, 2017
Advantage Oil & Gas suffers from falling AECO prices, but continues to work hard in the Montney. Pulse Oil dreams of ramping up production, as analysts and investors wait.
- Shell Summary for Dec. 8, 2017
Wei Kang's first capital pool shell, the two-month-old Exalt Capital, arranges a Chinese e-commerce QT. The shell plans to sell a $2.5-million private placement at 22 cents. Among its director nominees is former Canadian senator Jack Austin.
- Diamond & Specialty Minerals Summary for Dec. 8, 2017
Diamond Fields Resources is back, without the nickel. New Nadina Explorations is still seeking cash, but none is headed Monument's way. Hudson Resources is on track with its White Mountain anorthosite plan. Pele Mountain Resources needs a new plan.
- Gold Summary for Dec. 8, 2017
Kestrel Gold disappointed the market with assays from its Val-Jual project in Yukon. Beaufield Resources got some assay disappointment from Rouleau in Quebec. Tres-Or Resources put a positive spin on its less-than-impressive assays from Fontana in Quebec.
- SEC defendant Kueber avoids jail
SEC defendant Phil Kueber of Kelowna has received three years of probation. He was charged alongside West Vancouver resident Gregg Mulholland for the manipulation of Cynk Technology Corp. and another company.
- Harper Grey wins order for lawyer-turned-farmer Briner
Vancouver law firm Harper Grey LLP has won a court order against disbarred securities lawyer John Briner. The firm said that Mr. Briner failed to pay his bill after Rod Anderson defended him in a criminal case. Mr. Briner is now a farmer.
- Energy Summary for Dec. 7, 2017
Baytex Energy plans "modestly increased" drilling activity for 2018 and continues to say nothing about its $1.7-billion debt. Athabasca Oil's 2018 production guidance is higher than this year's, and not just modestly, but it still falls slightly short of analyst predictions.
- Diamond & Specialty Minerals Summary for Dec. 7, 2017
Arctic Star Exploration has promoted its latest director to run its Finnish operations. Lico Energy Metals has cobalt encouragement from Glencore Bucke assays. Quantum Cobalt has wrapped up a quick program at Nipissing Lorrain in Ontario. Assays are pending.
- Shell Summary for Dec. 7, 2017
Robert Hall's first shell, Abcana Capital, launches a B.C. mining junior called Casa Minerals. Praveen Varshney files a final prospectus to list his third shell, AAJ Capital, with a 10-cent IPO. His NEX shell, Westbay Ventures, arranges a software (cryptocurrency) deal.
- Gold Summary for Dec. 7, 2017
Rockcliff Metals has updated its resource estimate for Talbot in Manitoba. Balmoral Resources has new assays from Bug at Martiniere in Quebec. Gold Standard Ventures has new assays from Dark Star on its Railroad project in Nevada.
- Shell Summary for Dec. 6, 2017
Earlston Investments' NEX shell, Marchwell Ventures, plans to acquire an aspiring B.C. pot producer called Sante Veritas Therapeutics.
- Energy Summary for Dec. 6, 2017
Greenfields Petroleum looks forward to drilling in Azerbaijan. Advantagewon Oil hopes to break even by year-end. BRS Resources dreams of producing gas in Italy.
- Forcefield defendant Castaldo receives two years
Forcefield Energy Inc. defendant Christopher Castaldo has received two years in jail and must pay $1.8-million (U.S.) in restitution. Mr. Castaldo was part of a manipulation that boosted Forcefield to a $7.54 (U.S.) high.
- Diamond & Specialty Minerals Summary for Dec. 6, 2017
Diamond Fields International has a renewed licence for ML-111 off the Namibian coast. Cypress Development has assayed lithium in new holes at Dean, in Nevada. Noram Ventures and Alba Minerals plan a bulk test of clay at Clayton Valley in Nevada.
- Gold Summary for Dec. 6, 2017
Erdene Resource Development has assays from its Bayan Khundii gold project in Mongolia. Northern Superior Resources has recovered thousands of gold grains from the Annex portion of TPK in Ontario. Engold Mines has drilled mineralization in a Lac La Hache gap in B.C.
Click here for more Street Wires.