SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Andrew~ who wrote (1149)5/6/2013 7:08:34 PM
From: Goose94Read Replies (1) | Respond to of 203031
 
Investment firm puts Colorado Resources CXO-V) on its radar screen

stockhouse.com

PI Financial was responding to drill results from Colorado’s North Rok project in northern B.C.

Shares of Colorado Resources (CXO-V) were up sharply Monday after a Vancouver-based brokerage firm said investors should keep the junior on their radar screens.

PI Financial was responding to recent assay results from Colorado’s North Rok project in northern British Columbia, which is located about 15 kilometres northwest of Imperial Metals (III-T) Red Chris project.

Drill hole NR13-001 was designed to test the northern part of the coincident soil geochemical, magnetic, and chargeability anomalies.

It returned economical copper grades over the entire length of 335 metres, including copper grades ranging from 0.20-0.76% and associated gold grades ranging from 0.19-1.00 grams per tonne.

Writing in a report, PI's Aleem Ladak said the copper grade is economical and "certainly supports open pit mining at least."

“This copper grade is also higher than those of other British Columbia porphyry projects, including Gibraltar, Copper Mountain, Mount Polley and Huckleberry Mines,’’ Ladak wrote.

PI says an investment in Colorado should be considered speculative. “[But] given these drill results and the location of the North Rok project in relation to Red Chris, we suggest risk tolerant investors to keep this on their “radar screen,” Ladak added.

Colorado Resources rose 8.6% Monday to $1.14, leaving the junior with a market cap of $44.5 million, based on 39 million shares outstanding. The 52-week range is $1.11 and 14 cents.



To: Andrew~ who wrote (1149)5/10/2013 8:47:27 AM
From: Goose94Read Replies (2) | Respond to of 203031
 
Victory Ventures (VN-V) to close oversubscribed financing

May 9, 2013 - News Release

Victory Ventures Inc.'s three-million-unit private placement announced April 25, 2013, has been oversubscribed. Subject to regulatory approval, the company intends to close a non-brokered private placement of 4.1 million units at five cents per unit. Each unit consists of one common share and one share purchase warrant, exercisable to acquire an additional share at 10 cents per share for a two-year period. The company will pay a total of $12,550 and issue 151,000 finder warrants, which will carry the same terms and conditions as the warrants.

Subject to regulatory approval, the company is carrying out an additional non-brokered private placement of five million units at six cents per unit. Each unit will consist of one common share and one share purchase warrant, exercisable to acquire an additional common share at 12 cents per share for a two-year period.

A cash finders' fee, as well as share purchase warrants equal to 10 per cent of the proceeds raised, may be paid to qualified finders. The finder warrants shall contain the same terms and conditions as the warrants issued to investors.