Stockwatch Street Wires
- Diamond & Specialty Minerals Summary for Oct. 22, 2018
Mountain Province Diamonds sold more diamonds but its average price still lags. Cobalt 27 Capital is pleased with progress at Vale's Voisey's Bay mine in Labrador. Manganese X Energy is pleased with its technologies and methodologies at Battery Hill in N.B.
- Gold Summary for Oct. 22, 2018
Grande Portage Resources has high-grade assays from its Herbert gold and silver project in Alaska. Oceanagold has more assay encouragement from the Macraes mine in New Zealand that could extend its life. Benchmark Metals is touting two new discoveries at Lawyers in B.C.
- Shell Summary for Oct. 22, 2018
Emprise Capital's NEX shell, Ripper Oil and Gas, arranges a Nevada vanadium deal. It is selling a $5.95-million financing at 35 cents. Its resulting issuer's executive chairman will be Paul Matysek.
- Shell Summary for Oct. 19, 2018
Rana Vig's first shell, Blue Bay Capital, is raising up to $6-million at 40 cents. It is acquiring Environmental Packaging, a bulk liquids packaging company in Houston. Mr. Vig is also working on U.S. marijuana deals for Lead Ventures and Rockbridge Resources.
- Diamond & Specialty Minerals Summary for Oct. 19, 2018
Tango Mining has renewed its Middlepits licences in Botswana, M2 Cobalt has begun drilling in Uganda. Vanadium One Energy has raised cash for work on its Mont Sorcier project in Quebec. Windfire Capital, now Global Vanadium, plans to explore Desert Eagle in Utah.
- Gold Summary for Oct. 19, 2018
Cordoba Minerals is getting more Friedland cash for work on its San Matias project in Colombia. White Metal Resources has begun drilling at Shebandowan in Ontario. Irving Resources has promising assays of float from Omu in Japan. Drilling is planned.
- Makena denies wrongdoing in $5.5M property lawsuit
Makena Resources Inc. denies that it owes anything with respect to a failed arrangement over a Newfoundland claim block. The company says that it had no binding deal to acquire the ground.
- CMKM prosecutors seek one year for Gutierrez
CMKM Diamonds Inc. defendant Ginger Gutierrez should serve one year in jail for her part in Urban Casavant's $70-million (U.S.) fraud, prosecutors say. She personally sold 16 billion shares while Mr. Casavant misled investors.
- Shell Summary for Oct. 18, 2018
Paul Barbeau plans to list his fourth shell, NBS Capital, with a $500,000 IPO at 10 cents. He has a shell-making record of one success, two failures. Jonathan Sandelman's NEO SPAC, Cannabis Strategies, closes up $4 to $15.50 after announcing its U.S. marijuana plan.
- Diamond & Specialty Minerals Summary for Oct. 18, 2018
Lucara Diamond is quiet but hopeful that its Clara investment will pay off big with sales of rough diamonds. Advantage Lithium has new results from a hole at its Cauchari lithium project in Argentina. Far Resources plans drilling for Hidden Lake lithium in the NWT.
- Gold Summary for Oct. 18, 2018
Westhaven Ventures has encouraging assays from the South zone at Shovelnose in B.C. Benchmark Metals is testing three-year-old core it found at its Lawyers project in northwestern B.C. Iamgold has new assays from Diakha on the Siribaya project in Mali.
- Valeant ex Tanner grovels for light sentence
Valeant Pharmaceuticals International Inc.'s former executive director, Gary Tanner, has asked a judge to spare him jail for a $9.7-million (U.S.) kickback scheme. He says that he honestly believed he was entitled to the payment.
- Shell Summary for Oct. 17, 2018
Gary Zak's NEX shell, CBD Med Research, is selling a $20-million private placement at 13 cents. It is acquiring an aspiring hemp and cannabis oil extractor.
Ben Kovler's shell graduate and U.S. marijuana producer, Green Thumb Industries, raises $101.66-million.
- Diamond & Specialty Minerals Summary for Oct. 17, 2018
Hudson Resources is nearly finished building its White Mountain anorthosite mine in Greenland. Bold Ventures has assays from its J&B lithium project in Ontario. NextSource Materials has an offtake deal for its Molo graphite.
- Gold Summary for Oct. 17, 2018
Aton Resources has assays from the Rodruin area of Abu Marawat in Egypt. Guyana Goldstrike has new assays from Toucan Ridge at Marudi in Guyana. Wallbridge Mining is acquiring the Beschefer project in Quebec from Excellon Resources.
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