'+company+ ' ( TSX: '+exchange+'.'+symbol+' , Stock Forum ) '+percent+' Stockhouse Canadian Small and Micro-cap Stock Report for Friday, November 20, 2009 TORONTO (SHfn) – Oil and gas ‘showed’ some shareholders the money Friday, while rare earth claims captured speculator interest. Petro Vista Energy (TSX: V.PTV, Stock Forum) shares surged 32% to 25 cents on Friday after the oil and gas explorer reported that it has reached total depth at its Noellia #1 (the first of several planned wells) recently drilled in the Lower Magdalena Valley Basin Colombia, La Maye Block. The well encountered several oil and gas shows and has been cased for ...
Read Full Story
MacDonald Mines Exploration (TSX: V.BMK, Stock Forum) shares raced 40% higher on Thursday to 15.5 cents. The company has property near Noront Resources (TSX: V.NOT, Stock Forum) in the McFaulds Lake area of Ontario’s James Bay lowlands. On Thursday Noront Resources released news that its ongoing drilling program at its Eagle’s Nest prospect had intersected what the company called “high grade platinum.” Poster’s the MacDonald Mines Bullboard began the session in a celebratory mood. “Great results from NOT has instantly shot us back where we were a few weeks ago back and forth. Not sure how long it will last but as we know, ...
Read Full Story
If you have read my musings or heard me speak anytime for the past two years, you will know that Strathmore Minerals Corp. (TSX: V.STM, Stock Forum) was, is, and will continue to be my favorite stock in the junior uranium space. Why is that you may ask? It’s simple; Strathmore Minerals Corp is all about its projects: Strathmore’s people are second to none in the uranium business. I reported on the management, board of directors, and technical teams in a previous Mercenary Musing (March 9, 2009). Please note that with Strathmore Mineral’s spin-out of its Canadian properties in mid-2007, the founder of STM ...
Read Full Story
When the bank pays you nothing in interest, gold goes up. And right now, the bank is paying you nothing in interest. Why does gold go up when interest rates are low? It's simple... The knock against owning gold has always been that, unlike cash, it pays no interest. Compound interest is almost irresistible. If you can earn 7% a year on a $10,000 deposit, in 10 years time, it will be worth $20,000. Gold will just sit there like a bump on a log. But every so often, like right now, paper money pays you no interest... and the scales tip in favor ...
Read Full Story
Despite doubts about the strength of the gambling scene on the Vegas Strip, shares of gaming concern Las Vegas Sands Corp. (NYSE: LVS, Stock Forum) are maintaining a healthy uptrend. On Oct. 29, the security benefited from a better-than-expected quarterly earnings report. Specifically, LVS posted adjusted earnings of three cents per share, versus Wall Street expectations for a loss of a penny per share. Furthermore, the company said that revenue rose 3.2% to $1.14 billion. The firm also has plans to spin off its Macau properties, including the $2.3 billion Venetian Sands, in an initial public offering on the Hong Kong Stock Exchange later ...
Read Full Story
