Stockwatch Street Wires
- Diamond & Specialty Minerals Summary for Sept. 21, 2017
Pangolin Diamonds has more diamonds but no kimberlite at Malatswae in Botswana. DNI Metals is raising cash for Marafody and Vohitsara graphite projects in Madagascar. Alabama Graphite is mulling an unsolicited takeover bid from an unnamed junior.
- Gold Summary for Sept. 21, 2017
Argonaut Gold has expanded its resource estimates for the El Castillo and La Colorada mines in Mexico. Fortuna Silver Mines has given the go-ahead to the Lindero mine in Argentina. Primero Mining expects less gold and silver from San Dimas in Mexico.
- Shell Summary for Sept. 21, 2017
Mick Thomson's ninth shell, Soleil Capital, plans to acquire a Mexican gold explorer called Goldplay Exploration for the shell's QT. Robert Meister's first shell, Cabernet Capital, increases its IPO to $300,000 from $250,000 (the IPO price is still 10 cents).
- Energy Summary for Sept. 21, 2017
Oil prices hold above $50 (U.S.) all day for the first time in four months. The Quebec government releases a draft version of its proposed oil and gas regulations. Chinook Energy tests four more Montney wells, and Canacol Energy toils away in Colombia.
- Canaccord settles with Virvilis
Canaccord Genuity Corp. has settled the wrongful dismissal lawsuit it faced from former treasurer Peter Virvilis. He had sought $2.49-million from the firm.
- Shell Summary for Sept. 20, 2017
Geoff Balderson's fifth capital pool shell, Aim Explorations, plans to launch DMG Blockchain Solutions for the shell's QT. The shell and its target are selling a $3-million private placement at 30 cents.
- Gold Summary for Sept. 20, 2017
Jaguar Mining has received encouraging assays from the depths of its Pilar mine in Brazil. Roxgold has boosted its production forecast for Yaramoko in Burkina Faso. Osisko Mining has drilled narrow intervals of bonanza gold at Windfall Lake in Quebec.
- Diamond & Specialty Minerals Summary for Sept. 20, 2017
Lucara Diamond has completed two big upgrades at Karowe. Dominion Diamond has shareholder approval for its takeover by Washington Group. Geomega Resources is making high-purity concentrates from rare earth residue. Tantalex Resources touts Congo cobalt.
- SEC defendant Weaver appeals Jammin' Java penalty
SEC defendant Wayne Weaver has appealed the $57.9-million (U.S.) penalty that he received for the Jammin' Java Corp. pump-and-dump. He filed the appeal notice the day after receiving the fine.
- Diamond & Specialty Minerals Summary for Sept. 19, 2017
Mountain Province Diamonds is getting good grades, poor prices, from Gahcho Kue. Far Resources is set to drill again at Zoro in Northern Manitoba. First Cobalt is abandoning its planned cobalt hunt in Congo for one in Canada.
- Gold Summary for Sept. 19, 2017
Torex Gold Resources has received assay encouragement from its El Limon-Guajes mine in Mexico. Aben Resources has finished drilling at Forrest Kerr in British Columbia. Jaxon Mining has assays from grab sampling at Hazelton in British Columbia.
- Shell Summary for Sept. 19, 2017
Joe DeVries plans to list his second capital pool shell, Anquiro Ventures, with a $200,000 IPO at 10 cents. His first capital pool shell, Allante Resources (formerly Precision Enterprises), listed 10 years ago and has not yet managed to close a QT.
- Energy Summary for Sept. 19, 2017
Crescent Point takes Tundra Energy to court over a pipeline system in Saskatchewan. Cona Resources continues to slump despite insider support. Horizon Petroleum decides to try its luck in far-from-lucky Poland.
- Pretium sued for trespassing
Pretium Resources Inc. is a defendant in a lawsuit over trespassing in a remote area of B.C. According to the suit, the company has been using an airstrip and a cabin without permission.
- Diamond & Specialty Minerals Summary for Sept. 18, 2017
Peregrine Diamonds is leaving Botswana. GGL Resources has approval for its resurrection plan. Rockwell Diamond is not doing as well with its rescue plan. Medallion Resources is reviving its rare earth promotion. Alix Resources has modest lithium assays from Quebec.
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