Gold – West Point Resources Inc., a private mineral exploration company that holds an option to acquire a 100% interest in the Ruby Range Project in the Yukon Territory, Canada, filed a preliminary prospectus with the securities regulatory authorities in British Columbia, Alberta and Ontario in connection with a proposed initial public offering of a minimum of 3,533,334 non flow-through units of the Company at a price of $0.15 per NFT Unit for aggregate gross proceeds of $780,000.
Articles Tagged "resources"
Rick Rule, chairman of Sprott US Holdings, gives the Investing News Network's senior editor, Andrew Topf, his take on junior exploration companies.
Silver – Reliance Resources Limited (TSX:RI) provided updates on its exploration activities at its Indonesian Akelamo Gold/Silver Prospect.
Uranium – SMH reported resource companies, including uranium miners, may consider selling assets as they run low on cash nearing Christmas.
Uranium – Financial Post reported the Toronto stock market was little changed despite disappointing earnings reports from the resource sector.
When asked what they feel is the biggest risk to resource investors, many respondents to the Resource Investing News survey highlighted growing inflation and slowing economies in the BRIC-nations as well as the possibility of a recession in China as major causes for their concerns.
Silver – The rise in precious metals investing by our readers and the fact that silver’s investment popularity is now on par with that of gold are both very much in line with the developing trends we are seeing in worldwide gold and silver investing.
Gold – Once an exploration company has obtained all of the necessary permits and approvals to develop a mine, the construction phase kicks off.
Greenlight Resources Inc. (CVE:GR) announced the appointment of Antony Claydon to its Board of Directors.