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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (7776)	7/10/2014 12:01:46 PM
From: Goose94	Respond to of 202625

Chuck Fipke, the man who started Canada's Arctic diamond rush in the 1990s by discovering the Ekati mine, has agreed to sell his remaining 10-per-cent interest in the mine to Dominion Diamond ($15.53 (Canadian)) (formerly Harry Winston). Dominion is paying $50-million (U.S.) for Mr. Fipke's piece of Ekati's "core" zone, plus another $17-million (U.S.) for his interest in the "buffer" zone. BMO Capital Markets analyst Edward Sterck says this is a good deal for Dominion. The analyst values 10 per cent of the core zone at $91-million (U.S.), a significant premium to what Dominion is offering. However, the real question mark is the buffer zone, where the "Jay pipe" is currently undeveloped, but offers some potential for the future. Mr. Sterck does not ascribe any value to it at present, while a feasibility study is now being conducted. Mr. Sterck, however, estimates that the development of Jay for approximately $1-billion (U.S.) could boost

To: Goose94 who wrote (7776)	8/7/2014 9:14:20 AM
From: Goose94	Read Replies (1) \| Respond to of 202625

Northern Uranium (UNO-V) Aug 7, '14 has closed on the first tranche of the financing for a total of $600,000. The second tranche is expected to close in approximately one month. The first tranche consists of $500,000 in flow-through shares at 10 cents per share and $100,000 of non-flow-through units at 10 cents per unit. Each unit comprises a share and one-half of a two-year warrant at 15 cents. In connection with the issuance of the units the company paid finders' fees of $8,000 and issued 80,000 finders' warrants having the same terms as the warrants forming part of the units. All securities are subject to a four-month hold period expiring Dec. 7, 2014. The proceeds from this financing will be used to commence the company's summer drill program at its flagship Maguire Lake project. Exceptionally anomalous radon results combined with geophysical surveys including magnetic, electromagnetic, induced polarization and gravity surveys, and the results of extensive prospecting, which has located boulders containing up to 66 per cent U3O8, have identified 39 high-priority land targets and seven high-priority and five medium priority lake targets. The upcoming drill program will commence testing the high-priority land-based targets. President and chief executive officer Chad Ulansky states: "We are looking forward to our drill program testing targets generated from the culmination of nearly $10-million worth of exploration on our claim blocks. The results to date support the presence of high-grade mineralization within the Maguire Lake area." Northern Uranium has optioned the northwest Manitoba project from Canalaska Uranium Ltd. and has the ability to acquire up to an 80-per-cent interest in the project. The technical information and results reported here have been reviewed by Chad Ulansky, PGeo, a qualified person under National Instrument 43-101, who is responsible for the technical content of this release.