Recent News

Bonterra Resources arranges $21.49M private placement

February 15, 2018 / www.stockwatch.com

Mr. Nav Dhaliwal reportsBONTERRA ANNOUNCES $21.5 MILLION PRIVATE PLACEMENTBonterra Resources Inc. has entered into an agreement with Sprott Capital Partners to act as lead agent, on its own behalf and, if applicable, on behalf of a syndicate of agents,in connection with a marketed private placement to raise gross proceeds of $21,495,000.The offering will consist of a combination of: (a) 13.3 milli...Read More

Telson averages 132 t/d in preproduction at Tahuehueto

February 15, 2018 / www.stockwatch.com

Mr. Antonio Berlanga reportsTELSON DISCLOSES TAHUEHUETO MINING & CONCENTRATE PREPRODUCTION, METALLURGICAL BALANCES & CASH SALE RESULTS FOR 2017 AND ANNOUNCES PLANS FOR CORPORATE NAME CHANGETelson Resources Inc. has released the results of preproduction mining and processing at its 100-per-cent-owned Tahuehueto mine development project located in Durango, Mexico.Preproduction mining averagi...Read More

Bonterra Resources arranges $21.49M private placement

February 15, 2018 / www.stockwatch.com

Mr. Nav Dhaliwal reportsBONTERRA ANNOUNCES $21.5 MILLION PRIVATE PLACEMENTBonterra Resources Inc. has entered into an agreement with Sprott Capital Partners to act as lead agent, on its own behalf and, if applicable, on behalf of a syndicate of agents,in connection with a marketed private placement to raise gross proceeds of $21,495,000.The offering will consist of a combination of: (a) 13.3 milli...Read More

US STOCKS-Tech, industrials bolster Wall Street's recovery

February 15, 2018 / www.kitco.com

* Cisco shares up after upbeat results and forecast* Apple gains after Berkshire Hathaway boosts stake* Oil prices fall, dragging energy stocks* Indexes up: Dow 0.4 pct, S&P 0.5 pct, Nasdaq 0.88 pct (Updates to early afternoon)By Sruthi Shankar and Aparajita SaxenaFeb 15 (Reuters) - U.S. stocks were on course for their fifth straight day of gains on Thursday, led by technology and industrial s...Read More

Seeing Machines: Growing distributors and larger deals in the pipeline

February 15, 2018 / www.proactiveinvestors.co.uk

Ken Kroeger, executive chairman of Seeing Machines Limited (LON:SEE), tells Proactive's Andrew Scott it's been a great first half.''The capital raise was a big part of the activity. We've got great continued and increased support from our traditional shareholders as well as some great new institutional investors.''''The first half of the year tracking to target - a lot of activity in the automotiv...Read More

Options Bears Won Big On This Struggling Food Stock

February 15, 2018 / www.schaeffersresearch.com

Subscribers to Schaeffer's Option Advisor service recently doubled their money on Kraft Heinz Co (NASDAQ:KHC) April 82.50 puts. We're going to dissect the options trade below, looking back at what originally attracted us to KHC and how the stock performed after we recommended the puts. We recommended the put option in late December. KHC shares at that time had bounced off their late-October annua...Read More

This Retail Stock Could Climb Next Week

February 15, 2018 / www.schaeffersresearch.com

The shares of athletic apparel retailer Foot Locker, Inc. (NYSE:FL) on Wednesday climbed atop their 10-day and 30-day moving averages for the first time since Jan. 29, when the stock was flirting with six-month highs. FL stock has soared more than 50% in the past three months alone, and could outperform next week, if recent history is any indicator.Not only is Foot Locker stock typically among the...Read More

Gold Sees Mild Corrective Pullback After Big Gains Wed.

February 15, 2018 / www.kitco.com

(Kitco News) - Goldprices were ending the U.S. day session modestly lower Thursday, on a minordownside correction from the strong gains seen Wednesday. Still, the gold bullsthis week have gained technical power to suggest more upside price action islikely in the near term. April Comex gold futures were last down $3.40 an ounceat $1,354.60. March Comex silver was last down $0.088 at $16.79 an ounce...Read More

Gold Sees Mild Corrective Pullback After Big Gains Wed.

February 15, 2018 / www.kitco.com

(Kitco News) - Gold prices were ending the U.S. day session modestly lower Thursday, on a minor downside correction from the strong gains seen Wednesday. Still, the gold bulls this week have gained technical power to suggest more upside price action is likely in the near term. April Comex gold futures were last down $3.40 an ounce at $1,354.60. March Comex silver was last down $0.088 at $16.79 an...Read More

Are Gold And Gold Miners A Good Bear Market Hedge?

February 15, 2018 / seekingalpha.com

Gold and ETFs like the GLD tend to rise in value when the market falls but the relationship is weak.Gold mining stocks and ETFs like GDX are positively correlated to the stock market and make a terrible hedge against market weakness.Real interest rates as measured by the yield on 5-Year TIPS have much stronger correlation to gold than the S&P 500.Investors should buy GLD and GDX in the later s...Read More

U.S. stock volatility shock wanes, VIX futures signal smoother sailing

February 15, 2018 / www.kitco.com

By Saqib Iqbal AhmedNEW YORK, Feb 15 (Reuters) - U.S. stocks may have recovered only about half the ground lost in the recent selloff, but traders in the derivatives market are fast dialing down their fears of more ructions.The CBOE Volatility Index , the most widely followed barometer of expected near-term volatility in the S&P 500 , while not quite back to where it was before last week's slu...Read More

Egypt's central bank says cuts overnight interest rates by 1 percent

February 15, 2018 / www.kitco.com

CAIRO, Feb 15 (Reuters) - Egypt's central bank cut its key interest rates by 100 basis points on Thursday, it said in a statement.The statement said the bank cut its overnight deposit rate to 17.75 percent from 18.75 percent and its overnight lending rate to 18.75 from 19.75 percent.(Reporting by Arwa Gaballa; editing by Sami Aboudi) Disclaimer: The views expressed in this article are those of th...Read More

Ariana Resources seeing significant interest in Salinbas as they look to advance project

February 15, 2018 / www.proactiveinvestors.co.uk

Kerim Sener, managing director at Ariana Resources plc (LON:AAU), tells Proactive's Andrew Scott a team's now on site at their Salinbas project and are commencing a programme of work there which includes re-logging of around 30 drill holes which will feed into a revision of the ore body model.''That will then form our exploration plan going forward - we're also planning for drilling at Salinbas la...Read More

Asia Morning Call-Global Markets

February 15, 2018 / www.kitco.com

Feb 16 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,909.00 67.80 NZX 50**8,063.33 4.530DJIA25,046.52153.03NIKKEI**21,464.98310.81Nasdaq7,223.46379.85 FTSE**7,234.81 20.84S&P 500 2,717.37 18.74 Hang Seng** 31,115.43599.83SPI 200 Fut 5,878.00 16.00 STI** 3,443.51 40.65SSEC**3,199.1589014.20020KOSPI** 2,421.83 26.64-----------------------------------------------------...Read More

U.S. sells 30-year TIPS at highest yield in two years

February 15, 2018 / www.kitco.com

NEW YORK, Feb 15 (Reuters) - The U.S. Treasury Department on Thursday sold $7 billion of 30-year Treasury Inflation-Protected Securities at a yield of 1.003 percent, the highest at an auction of this maturity in two years, Treasury data showed.The ratio of bids to the amount of 30-year TIPS offered was 2.31, the lowest reading in a year. This measure of overall auction demand was 2.64 at the prior...Read More

Health of the UK high street eyed on Friday with January retail sales scheduled

February 15, 2018 / www.proactiveinvestors.co.uk

The health of the high street will be the main focus on Friday, with official UK retail sales data due for release at the end of a week that saw UK inflation remain stubbornly higher.On Tuesday, the Office for National Statistics reported that the consumer price index in January remained at 3.0%, stalling at December's level after a slip back from 3.1% in November.But with inflation expected to fa...Read More

Japan looks to nominate economist Wakatabe as BOJ deputy governor - Nikkei

February 15, 2018 / www.kitco.com

Feb 15 (Reuters) - The Japanese government is considering nominating economist Masazumi Wakatabe as one of the deputy governors at the Bank of Japan, Nikkei reported on Thursday, citing sources.Wakatabe, a professor at Waseda University and an advocate of bolder monetary easing, would fill one of the two deputy governor seats that will fall vacant next month, Nikkei reported. The potential choice...Read More

Union Jack Oil to take a more 'hands on approach' to portfolio this year

February 15, 2018 / www.proactiveinvestors.co.uk

David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), updates Proactive's Andrew Scott on their planned work programmes for 2018."High impact" drilling is slated for the Biscathorpe and Holmwood projects and they're also expecting a new planning application to be made for the stalled Wressle oil field development project. The new documents are due to be submitted to the authorities i...Read More

Orla Mining closes $30.76-million bought deal

February 15, 2018 / www.stockwatch.com

Mr. Marc Prefontaine reports ORLA ANNOUNCES CLOSING OF BOUGHT DEAL FINANCINGOrla Mining Ltd. has closed its previously announced bought deal financing, including the exercise in full of the underwriters' overallotment option. A total of 17.58 million units of Orla were sold at a price of $1.75 per unit, for aggregate gross proceeds of $30.76-million. Each unit consists of one common share of Orla...Read More

Orla Mining closes $30.76-million bought deal

February 15, 2018 / www.stockwatch.com

Mr. Marc Prefontaine reports ORLA ANNOUNCES CLOSING OF BOUGHT DEAL FINANCINGOrla Mining Ltd. has closed its previously announced bought deal financing, including the exercise in full of the underwriters' overallotment option. A total of 17.58 million units of Orla were sold at a price of $1.75 per unit, for aggregate gross proceeds of $30.76-million. Each unit consists of one common share of Orla...Read More

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