Top Story
10:25 am
Klondex Mines' Fire Creek praised for high grades, strong economic returns and potential upside by Casimir Capital
Klondex Mines (TSE:KDX) was touted as having a high grade resource in a strategic location with potential for a "number of upside opportunities" on Friday, in an initial coverage report by Casimir Capital's Erin Winmill. The analyst started the advanced-stage development company, which is focused on its Fire Creek gold project in Nevada, with a speculative buy rating and a $2.50 price target - more than double its current trading price.
Breaking News
Friday, May 24, 11:46 am
Manas Petroleum says total assets valued at $23.4 mln at quarter-end
International
10:35 am
Kurdistan pipeline to open up new oil frontier
Articles
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National Bank of Canada (TSE:NA), the nation’s sixth-largest lender, said its operating profit in the fiscal second-quarter rose 6 percent, outlined plans to repurchase shares and raised its quarterly dividend by 5 percent. Taking out one-time items, profit for the three months ended April 30 rose to a record C$369 million, or C$2.08 a share, from C$347 million, or C$1.95 a share, the Montreal-based firm said in a statement on Friday. This beat the C$1.97 average estimate of 8 analysts.
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U.S. stock futures trimmed losses Friday after durable goods orders data for April surprised investors with a better-than-expected rise, as traders were cautious heading into the long weekend,with markets to be shut Monday for the Memorial Day holiday.
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Falcon Oil & Gas has agreed to acquire a minority stake of its Australian subsidiary for C$22.6mln, giving it full ownership of the business
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Apollo Investment Management has agreed to buy up to US$50mln of senior secured notes in the company, with the first US$20mln being paid up front.
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A series of American retailers reported a mixed bag of quarterly results after the bell. Sears Holdings (NASDAQ: SHLD) confirmed investor fears, sending the stock tumbling after the company reported a first-quarter loss twice as large as expected. After returning to the black in the fourth quarter following three-straight losing quarters, the Sears department store holding company says it lost $279 million, or $2.63 per diluted share.
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U.S. stocks cut losses substantially on Thursday, with Dow industrials actually moving into the black after encouraging new home sales data, which worked against fears of the Fed potentially easing its bond buying program in the near term and weak Chinese manufacturing data.
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The next Proactive One2One Investor Forum will take place in early June as we showcase another batch of exciting junior companies in Toronto, with the event focused on Canadian National Stock Exchange-listed equities. The event kicks off on June 6th in Toronto at 5:30 pm, at the Toronto Region Board of Trade - 77 Adelaide Street West, Suite 350.
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Thu 2:23 pm
Gold's safe haven appeal reaffirmed once more
Gold futures were up across the board Thursday as investors reaffirmed the precious metal’s status as a safe haven in the face of weaker than expected economic data from China and a U.S. dollar under pressure
Breaking News
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10:59 amEnergy Fuels to buy Strathmore Minerals, creating one of the biggest U.S. uranium companies -
10:41 amManitoba Telecom unloads Allstream unit -
10:21 amPandora surges as sales top estimates on mobile advertising -
10:03 amAbercrombie & Fitch lowers outlook; shares fall as results miss -
10:01 amRevett Minerals taken down a peg by Stonecap Securities as price target slashed -
9:36 amDon't overlook exploration upside at Global Minerals: Stonecap Securities -
9:28 amRESAAS adds first Michigan real estate agency as momentum continues to grow -
8:57 amCrocodile Gold says CEO resigns -
Thu 3:55 pmLupaka Gold strengthens board with three Peru-focused additions -
Thu 3:51 pmOil trims losses as positive U.S. data outweigh feeble China data; gold gains 1.8% -
Thu 3:24 pmGenivar aims for $2.3 bln in revenues by end of 2015 -
Thu 3:06 pmPandora jumps ahead of results; Q1 sales gain expected -
Thu 3:01 pmStifel Nicolaus sees no reason to buy Arcan Resources now; reiterates hold rating -
Thu 2:19 pmTelus sees Mobilicity debtholders approve acquisition -
Thu 2:02 pmThursday's most followed in Canada including TD Bank, Revett, LIM, Silvercorp, EMED Mining, Nordion, WesternZagros, Sunridge Gold and Afferro Mining -
Thu 1:24 pmExxon's plans to invest $250 mln in Argentina's Vaca Muerta bode well for Madalena Ventures -
Thu 12:49 pmBengal announces JV; Casimir reiterates as a speculative buy
International
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9:30 amUPDATE: S&U: Motor finance division now larger part of group as growth surges
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8:50 amFalcon Oil & Gas buys out Australian business
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8:19 amFalcon Oil & Gas buys out minority investor in Australian business for C$22.6mln
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6:59 amMetals Exploration's Runruno project stacks up well
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6:02 amCaza Oil & Gas advances as it prepares to step up Bone Springs programme
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5:22 amLombard Risk Management sees a 'tremendous amount of opportunity'
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3:09 amGold miners rise as the All Ords drops below 5,000 points
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12:48 amPeninsula Energy progressing pre-production program at Lance Uranium Projects
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10:08 pmPo Valley on track for solid cash flow, higher Italian gas production
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9:26 pmHughes Drilling sees revenue and profit growth continuing in 2013
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8:47 pmGolden Gate Petroleum starts gas sales from Permian horizontal well
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7:52 pmE&A Limited presenting at "Stars in 2013", pays 6.2% dividend
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Thu 11:19 amAfferro deal offers IMIC 'highly attractive' opportunity in Cameroon
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Thu 10:32 amNoricum shines as it eyes more golden results
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Thu 7:41 amOilex's future looks bright if it can unlock huge potential of India's Cambay Basin
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Thu 5:08 amWentworth Resources in funding talks
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Thu 2:48 amUS Oil & Gas reveals Eblana discovery could exceed 100mln barrels
















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Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes shareholder value...
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Todd Hilditch, president and chief executive of Terraco Gold (CVE:TEN), reveals the significance of the recent royalty deal covering the...
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Charles Selby, Chairman and Chief Executive Officer of Montana Exploration Corp. (TSX-V:MTZ), tells ProactiveInvestors about the company's...
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John Kaiser, of Kaiser Research Online, tells ProactiveInvestors that the underlying demand for gold stems from concern that over the next 15...
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Mickey Fulp, The Mercenary Geologist, discusses with ProactiveInvestors his views on recent Natural Gas prices, why he’s long-term bullish on...
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Michael McPhie, President and CEO of Curis Resources (TSE:CUV), tells Proactiveinvestors about the improved recovery rates at the firm's...
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