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

Manas Petroleum (CVE:MNP) has total assets, including non-current assets, of $23.4 million - well and above the company's current market capitalization of $9.3 million.  The financial figur...

International

10:35 am

Kurdistan pipeline to open up new oil frontier

The completion of Kurdistan’s oil pipeline north through Turkey is understood to now be almost within touching distance.

Articles

  • National Bank posts stronger Q2 operating profit, declares share buyback, raises dividend

    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.

  • Wall Street still lower after positive durable goods data surprise

    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. 

  • Falcon Oil & Gas buys out minority investor in Australian business for C$22.6mln

    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

  • Caza Oil & Gas nets vital funding for ‘significant’ Bone Springs opportunity

    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.

  • U.S. retailers release mixed results in after hours

    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.

  • U.S. markets well off session lows; retail in focus

    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. 

  • Pivotal Therapeutics, RESAAS confirmed for CNSX sponsored Proactive Forum in Toronto

    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. 

  • 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

Archived Top Stories ►
  • Falcon Oil & Gas buys out Australian business

    Philip O'Quigley, CEO of Falcon Oil & Gas (LON:FOG TSX-V:FO ESM:FAC), tells Proactiveinvestors that while the deal dilutes shareholder value...
    View full size
  • Donner Metals reveals more high-grade at McLeod Deep

    Robin Adair, Vice-President of Exploration at Donner Metals (CVE:DON) discusses the results of the most recent exploration programme and...
    View full size
  • Kincora Copper refines exploration targets on its Bronze Fox project in Mongolia

    Sam Spring, President and CEO of Kincora Copper (CVE:KCC), tells Proactiveinvestors that after putting in place a full re-examination of its...
    View full size
  • Century Iron Mines looking for C$60mln cash flow a year from 2015

    Sandy Chim, President & CEO of Century Iron Mines (TSX:FER), tells Proactiveinvestors that the recent Preliminary Economic Assessment shows...
    View full size
  • Donner Metals looks at "next generation of exploration" as production starts

    David Patterson, Chairman & Director of Donner Metals (CVE:DON), tells Proactiveinvestors that, as production starts at its first mine, the...
    View full size
  • Simba Enegy farms-out 66% of Kenyan asset

    Paul Vonk, VP Capital Market of Simba Energy (CVE:SMB), tells Proactiveinvestors that a deal has been agreed to farm-out 66% of its Kenyan...
    View full size
  • Terraco Gold CEO sees 'significant' cashflows from Barrick Gold project

    Todd Hilditch, president and chief executive of Terraco Gold (CVE:TEN), reveals the significance of the recent royalty deal covering the...
    View full size
  • Biotech space is “a little more optimistic,” says Big Picture Speculator

    Jim Letourneau, the Big Picture Speculator, sits down with ProactiveInvestors at the Calgary Energy and Resource Investor Conference to...
    View full size
  • Montana Exploration's acreage hosts a "fairway for oil exploration" within Shaunavon oil trend

    Charles Selby, Chairman and Chief Executive Officer of Montana Exploration Corp. (TSX-V:MTZ), tells ProactiveInvestors about the company's...
    View full size
  • Fully-funded WesternZagros has "a lot of exciting news coming," says Simon Hatfield

    Simon Hatfield, CEO of WesternZagros Resources (CVE:WZR) tells ProactiveInvestors about the company's upcoming drilling program, which...
    View full size
  • An Alternative Gold Bug Narrative

    John Kaiser, of Kaiser Research Online, tells ProactiveInvestors that the underlying demand for gold stems from concern that over the next 15...
    View full size
  • Cambridge House President on the upcoming Vancouver event and why trade shows are still relevant

    Jay Martin, President of Cambridge House International, tells ProactiveInvestors about the trade show company and why such conferences are...
    View full size
  • Mickey Fulp, The Mercenary Geologist, welcomes pending transformation of junior resource sector

    Mickey Fulp, The Mercenary Geologist, discusses with ProactiveInvestors his views on recent Natural Gas prices, why he’s long-term bullish on...
    View full size
  • Curis Resources slashes costs at flagship project - PDAC2013

    Michael McPhie, President and CEO of Curis Resources (TSE:CUV), tells Proactiveinvestors about the improved recovery rates at the firm's...
    View full size
  • Mason Graphite, advancing the Lac Guéret; the highest grade of graphite in the world - PDAC2013

    Benoit Gascon, Chief Executive of Mason Graphite (CVE:LLG), tells Proactive Investors about the company's Lac Guéret graphite project in...
    View full size