Stockwatch Street Wires
- Diamond & Specialty Minerals Summary for March 16, 2018
Arctic Star Exploration has found another kimberlite on its Timantti project in Finland. MGX Minerals is looking at producing magnesium metal, not oxide, at Driftwood. LSC Lithium is planning a study of its Pozuelos-Pastos Grandes project in Argentina.
- Energy Summary for March 16, 2018
Surge Energy, SDX Energy and Journey Energy benefited from the good mood today among oil and gas investors. Traverse Energy had higher-than-usual trading volume.
- Gold Summary for March 16, 2018
Secova Metals has good news from Grenadier, bad news from Lake Obalski at Duvay-Chenier in Quebec. GGX Gold continues drilling the COD vein at Gold Drop in British Columbia. Nxgold has called off its planned placement but still plans work at Mount Roe in Australia.
- Shell Summary for March 16, 2018
Chuck Rifici's first shell, Buzz Capital, is acquiring a Jamaican marijuana producer called Kaya Inc. The target is selling an $8.5-million private placement at $1.25. Among the directors of the resulting issuer will be Lorne Gertner and Joey Houssian.
- Scotia Capital sued over $166M book of business
Scotia Capital Inc. is facing a lawsuit from former employee Donna Molby, who complains that the firm constructively dismissed her with changes to her pay. It then tried to take her $166-million book of business, she says.
- Diamond & Specialty Minerals Summary for March 15, 2018
Diamcor Mining is seeking $5-million to make improvements at Krone-Endora in South Africa. First Cobalt has made a friendly move on U.S. Cobalt. Lomiko Metals got a favourable opinion from its auditors. Mustang Minerals is changing its name to Grid Metals.
- Energy Summary for March 15, 2018
Rick McHardy's Saskatchewan producer, Spartan Energy, rises after releasing its financials. Jeff Tonken's Alberta producer, Birchcliff Energy, also rises thanks to its financials.
- Gold Summary for March 15, 2018
Alexandria Minerals has received assays from Orenada in Quebec ahead of an updated resource estimate. Superior Gold has more high-grade hits on veins at Plutonic in Australia. Asanko Gold says it learned some lessons last year and plans to invest in flexibility this year.
- Shell Summary for March 15, 2018
Mo Fazil plans to list his second shell, Elephant Hill Capital, with a 10-cent IPO. Gino DeMichele's Vogogo Inc. arranges a cryptocurrency mining deal with Crypto 205 Inc.
- Barkerville responds to Callaghan contract suit
Barkerville Gold Mines Ltd. says that it did nothing wrong in ending contracts it had with a company owned by its former president, Frank Callaghan. The contracts specified that Barkerville could end them at any time.
- Diamond & Specialty Minerals Summary for March 14, 2018
Margaret Lake Diamonds is planning spring drilling at its eponymous diamond project near Gahcho Kue. Canada Rare Earth hopes to have a carried interest in a Laos rare earth refinery. Focus Graphite looks to Grafoid for marketing and financial expertise.
- Energy Summary for March 14, 2018
Seven Generations talks up its condensate production in the Montney. Jericho Oil pleases investors with a well-test result from Oklahoma. Sonoro Energy cancels its $5-million financing at 10 cents; it has no updates yet on the Indonesian project that it lost last week.
- Gold Summary for March 14, 2018
Alio Gold has received encouraging assays from Ana Paula in southern Mexico. A bid for control of Colorado Resources is ramping up. Sabina Gold and Silver has a Type B water licence for Back River that will allow it to complete preconstruction work planned for this year.
- Shell Summary for March 14, 2018
Paul Kelly's shell, Corporate Catalyst, plans to acquire Globalive Technology as its QT. Anthony Dutton's shell graduate and marijuana producer, Cannex Capital, begins trading.
Glen Macdonald's shell, GAR Ltd., closes its acquisition of Netcoins Inc.
- SEC fines BDO Canada, others for improper audits
The SEC has won $390,362 (U.S.) in penalties for BDO Canada LLP and two other auditing firms for "improper professional conduct." The SEC claims that BDO used an African firm for audits of a Canadian company.
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