Stockwatch Street Wires

U:*SEC - SEC wins $12-million (U.S.) penalty for Alpine
[2019-09-13 20:33]
The SEC has won a $12-million (U.S.) fine for Alpine Securities Corp., the Salt Lake City clearing firm run by John Hurry. The firm, which serviced at least one client with a criminal record, failed to properly report scores of suspicious transactions.  more...

C:*MKTSHEL - Shell Summary for Sept. 13, 2019
[2019-09-13 20:33]
Alfredo De Lucrezia plans to list his third capital pool shell, Vincero Capital, with a $500,000 IPO at 10 cents. His first shell closed a B.C. gold QT and was a success for its IPO investors. His second shell, Califfi Capital, is still working on its Colombian mining QT.  more...

C:*MKTOIL - Energy Summary for Sept. 13, 2019
[2019-09-13 20:20]
Birchcliff Energy "has never been stronger," proclaims its CEO. Paramount Resources talks up its big production ambitions in the Alberta Montney. Canacol Energy basks in analyst attention, and Cuda Oil receives a long-awaited green light in Wyoming.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Sept. 13, 2019
[2019-09-13 19:58]
Olivut Resources is drilling targets at Seahorse, where it is earning an interest from Talmora Diamond. Ucore Rare Metals is seeking up to $28-million through a rights offering. Zen Graphene Solutions has raised $1-million for Albany, in Ontario.  more...

C:*MKTGOLD - Gold Summary for Sept. 13, 2019
[2019-09-13 19:42]
Leagold Mining has new assays from Los Filos, both underground and at the Guadalupe pit, in Mexico. Urbangold Minerals and Argonaut Gold will pool their Bullseye properties once Urbangold completes an earn-in arrangement.  more...

C:*MKTSHEL - Shell Summary for Sept. 12, 2019
[2019-09-12 20:37]
Sheldon Pollack and Adam Adamou's first capital pool shell, OV2 Investment, has revised the terms of its QT with Freightera Logistics. John Proust's NEX shell, Lincoln Ventures, plans to launch DimensionalMechanics Inc., an AI company in Seattle.  more...

U:*SEC - SEC defendant Hardy receives 10 years
[2019-09-12 20:22]
SEC defendant Ronald Hardy has received 10 years in jail for his part in a boiler room that defrauded seniors and others. The jail term represents the longest handed out in the case to date.  more...

C:*MKTOIL - Energy Summary for Sept. 12, 2019
[2019-09-12 20:20]
The Alberta government launches a constitutional challenge to Bill C-69. MEG Energy's Surmont oil sands project gets the green light. Baytex Energy's CEO talks up his debt-cutting plans and dividend dreams, while Advantage Oil's CEO hypes Progress.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Sept. 12, 2019
[2019-09-12 19:04]
New Nadina will become Equity Metals in a few days, but it may be the same old story for the Monument diamond project. Pancontinental Resources has begun drilling at its St. Laurent battery metals project in Ontario. Blue Sky Uranium is up for an award.  more...

C:*MKTGOLD - Gold Summary for Sept. 12, 2019
[2019-09-12 18:24]
Oceanagold has new high-grade assays from Haile in South Carolina. Liberty Gold has promotable assays from its Black Pine project in Idaho. Triumph Gold has new assays from another gold zone at Freegold Mountain, which has been worked for decades.  more...

U:FNRG - Forcefield defendant Petrossi loses appeal
[2019-09-12 10:45]
Forcefield Energy Inc. defendant Louis Petrossi, convicted for his part in a scheme to fraudulently raise millions from investors, has lost his appeal. The ruling comes after Mr. Petrossi claimed that he could die in jail.  more...

C:*MKTSHEL - Shell Summary for Sept. 11, 2019
[2019-09-11 20:48]
Seth Kay plans to list his first capital pool shell, Aphelion Capital, with a $200,000 to $500,000 IPO at 10 cents. His fellow shell directors include Craig Taylor.  more...

C:*MKTGOLD - Gold Summary for Sept. 11, 2019
[2019-09-11 20:06]
African Gold Group is promising a new feasibility study of its revived Kobada gold project in Mali. Prosper Gold has begun drilling at its Matachewan gold project in Northern Ontario. It hopes modern methods will yield better results.  more...

C:*MKTOIL - Energy Summary for Sept. 11, 2019
[2019-09-11 19:40]
Oil has a down day as OPEC reduces its global demand forecasts. Cenovus Energy files a financing prospectus and prepares for its imminent investor day. Seven Generations and Crew Energy woo investors in Toronto, and Valeura Energy stays busy in Turkey.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Sept. 11, 2019
[2019-09-11 19:21]
Pangolin Diamonds has raised cash for Botswana diamond exploration. Pacific Rim Cobalt is eyeing new assays from Cyclops in Indonesia. Mason Graphite is out of Nanoxplore with a tidy profit. Berkwood Resources has grown Lac Gueret South in Quebec.  more...

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