Cartier Resources give a strong presentation to the City Investors Circle in London

   Cartier Resources {TSX.V: ECR}

CEO Philippe Cloutier gave an excellent presentation to a full house in London, ending in a very intensive and  focused Q and A, which drew praise from the investors present.

The talk focused mainly on Cartier’s Chimo prospect, where the current drill campaign is ongoing, but also touched on the other assets in the portfolio, and the low acquisition costs of those assets as a prudent management team struck at the right time. Continue reading

Barkerville reports further drill results from Island Mountain

   Barkerville Gold Mines Ltd. {TSX.V: BGM}

Provided the new drilling results from the 2019 Island Mountain exploration and category conversion program at the company’s flagship Cariboo gold project in central British Columbia..

New results from eight recent holes on Island Mountain include 10.76 grams per tonne Au over 20.0 metres including a sample of 157.50 g/t Au over 1.25 metres in IM-19-019 Continue reading

Thor Mining reports high grade interim tungsten and copper results at Samarkand, Bonya project

   Thor Mining Plc {AIM / ASX: THR}

Announced further positive interim results from drilling at the Bonya tungsten deposits, adjacent Molyhill, in the Northern Territory of Australia.

The Bonya project is held in joint venture with Arafura Resources Limited (ASX: ARU),
with both parties contributing to the cost of the program in proportion to their project
equity (THR 40% : ARU 60%). Continue reading

Onecoin – Samoan church leaders promoted Onecoin to congregation members

  Crypto news – Onecoin

Two churches in Samoa have been charged with promoting the Onecoin alleged ponzi scheme to members of their congregation, and utilising the New Zealand financial system to process payments made to them.

The sum of at least $2,300.000 was given by parishioners of the church in Samoa, Australia,and New Zealand, some of which was processed through the church’s accounts. Continue reading

The dangers of listening to a Vancouver stock promoter

  City Investors Circle

Vancouver stock promoters are notorious for embellishing stories and creating excitement for investors, which results in the investors getting a stock certificate, and the promoter getting the investors’ cash.

Sadly over time the promoter does better with the cash than the investor with the paper certificate. Here is one example. Continue reading

Silver Bull partner South32 intends to maintain its option on the Sierra Mojada project

   Silver Bull Resources, Inc. {TSX: SVB}

Announced that  it has received notice from South32 that it wishes to maintain its option on the Sierra Mojada Project by funding an additional US$3 million in exploration.

This will result in aggregate funding of US$6 million at the completion of the second year of the JV. Continue reading

Neometals declares a 2 cent dividend

   Neometals Ltd. {ASX: NMT}

Announced on 1st May 2019 that the company is keeping up with its strategy to deliver capital efficient returns to the shareholders, and the company’s Board declared a dividend of 2 cents per share, which will total around A$11 million.

Neometals mentioned that out of the A$0.020, A$0.010 will be franked, and post paying the dividend, the cash balance of the company will stand at A$116 million. Continue reading