Stockwatch Street Wires
- Energy Summary for March 22, 2019
Enerplus firms up its share buyback plans. Canacol Energy misses its production guidance, but has some pleasing new drill results in Colombia. Alvopetro Energy patiently awaits production in Brazil, and Eagle Energy has its wings clipped by heavy debt.
- Diamond & Specialty Minerals Summary for March 22, 2019
Mountain Province Diamonds talks about the threat of lab-grown diamonds to its bottom line. Neo Lithium has a prefeasibility study of its Tre Quebradas lithium project in Argentina. Pacific Rim Cobalt has new assays from Cyclops.
- Gold Summary for March 22, 2019
Gold Standard Ventures has started a modest drill program at Lewis's Virgin, probably to interest Newmont Mining in the project. Argo Gold has assays from Woco in Northwestern Ontario. Core Gold's former head fired back at the company's board about his termination.
- IIROC fines, suspends Haywood ex Newbury
IIROC has fined and suspended former Haywood Securities Inc. employee Richard Newbury for inappropriate trades in the account of a widow. He placed her into high-risk mining stocks, causing losses that amounted to half of her investment.
- Diamond & Specialty Minerals Summary for March 21, 2019
Pangolin Diamonds has more time to earn its option on the AK10 kimberlite in Botswana. Saint Jean Carbon is seeking cash to save its operations. Goldstar Minerals hopes New Brunswick tungsten leads to gold.
- Shell Summary for March 21, 2019
Jim Pettit plans to list his first shell, Tri Capital Opportunities, with a $500,000 IPO at 10 cents.
- Energy Summary for March 21, 2019
Gran Tierra Energy loses its desired 50-per-cent interest in a Colombian block to a competitor. Cenovus Energy plans changes to its board of directors, while EnCana promotes a new CFO. InPlay talks up its assets in the Alberta Cardium and Duvernay.
- Gold Summary for March 21, 2019
Great Bear Resources is not whistling Dixie over new high-grade assays from its so-named gold project in Ontario. Nuinsco Resources has sampled high-grade gold at Sunbeam in Northwestern Ontario. Osisko Mining has new assays from Windfall in Quebec.
- SEC defendant Korchevsky receives five years in jail
SEC defendant Vitaly Korchevsky has received five years in jail for his part in a newswire hacking scheme. Prosecutors said that he and others stole thousands of unpublished news releases.
- DMG Blockchain sued by Japanese backer
DMG Blockchain Solutions Inc. is a defendant in a lawsuit over two bitcoin mining operations that never went ahead. A Japanese company claims that it provided financing and hardware for those operations.
- Shell Summary for March 20, 2019
Chengyuan Liu plans to list his first capital pool shell, Vector REIT, with a $200,000 IPO at 20 cents.
Gunther Roehlig's NEX shell, Darien Business, launches a U.S. medical marijuana producer, Vireo Health.
- Energy Summary for March 20, 2019
Oil prices enjoy their best day in months. Cardinal Energy turns a $60-million profit in 2018, thanks to a reversed impairment charge. Petrus Resources keeps itself busy in the Cardium. DXI Energy dips on a disappointing drill result at Woodrush.
- Gold Summary for March 20, 2019
Radisson Mining has new assays from the F zone, west of its resource at the O'Brien project in Quebec. Continental Gold has a new resource estimate for a sliver of its Buritica project in Colombia. Troilus Gold is on the move.
- Diamond & Specialty Minerals Summary for March 20, 2019
American Lithium has new assays from its TLC lithium project in Nevada. Supreme Metals has new lithium assays from Alberta II in Spain. Alphamin Resources is selling stock instead of borrowing money for Bisie.
- Veritas sues former CEO Franciosi for breach of duty
Veritas Pharma Inc. has sued its former president and CEO, Luigi Franciosi, and three other directors over two transactions from 2018. The company complains about a $1-million loan and a $400,000 investment in a private entity.
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