Who’s The Next Barrick Gold or ConocoPhillips? We all want to know the answer to that question. That is why HWS has dedicated this section to providing daily updates and original reporting on the tickers turning heads in the financial districts around the globe.
Waning and waxing currency values have pushed the Resource Market to an outperform level. In fact, the Resource Market has outperformed all other market sectors for three consecutive years. This lucrative market sector has been credited with taking Canada out of the world-wide recession more quickly than any other nation. Is it any wonder that HWS readers want to know where to look for today’s undervalued companies that may well emerge as tomorrow’s B P or Gold Fields, Ltd.
Gold, and precious minerals like rhodium, platinum, and silver, continue to climb to historic highs. Will gold hit $2,000 an ounce? Daily fluctuations of world currency values cause the world oil futures to retract and rebound on a daily basis. Will OPEC continue to call the shots or will advances in the field of alternative energy catch on in time to save us from USD $8 gas?
We all want the answer to the big question – will this sector be the safe haven on which investors have counted on as a hedge against currency fluctuations? And, if so, how long will it continue to run at mock speed? Time is of the essence, so we will tarry not. As quickly as we ferret out the facts, we’ll reveal who’s moving n’ shaking up the charts and who’s deemed worthy of further consideration.
HWS is your go-to place on the Net for the answers to the big questions and the scoop on up and coming resource companies.
Positive Drill Results Further Validate TAG’s East Coast Basin As Significant Oil Shale Prospect
Vancouver, B.C. – March 30, 2010 – New Zealand oil and gas producer and explorer TAG Oil Ltd. (TSX-V: TAO) announced today that the first stratigraphic well in TAG’s initial three-well Waitangi Hill program has been drilled to a total depth of 171m. The results, including “free oil” in core samples, further indicate Waitangi Hill [...]
TAG OIL Update: March 30, 2010
A little over a month ago I wrote:
“I do caution however that any prolonged weakness the rest of this week or a failure to break through $3.75 could suggest a further sell-off down to the $2.45 level.”
Tag Oil subsequently sold up to $3.45 but was unable to challenge the $3.75 level and [...]
SNS Silver Extends Historical Mineralisation at the Emerald Lake Gold Project in Ontario
SNS Silver Corporation (“SNS” or the “Company”) (TSX-V: SNS) is pleased to provide an update of the progress on its Emerald Lake Gold Project where drilling has been in process for the past three months.
The current drill program started in late December and to date more than 6,000 meters of core have been drilled in [...]
Petro Vista Announces New Oil Discovery in Colombia
Bogota, Colombia – March 25, 2010 – (TSX-V:PTV) Petro Vista Energy Corp. (“Petro Vista” or the “Company”), a Canadian independent oil and gas exploration company, is pleased to announce that the Morichito-5 well in Colombia has tested oil in two zones and is being completed as a future producer.
The well was drilled to a total [...]
Red Hill Announces $3,114,000 Private Placement
Vancouver, British Columbia, March 25, 2010: Red Hill Energy (TSX-V:RH) reports that the Company has arranged a non-brokered private placement of 5,463,158 units (each a “Unit”) at a price of $0.57 per Unit to raise aggregate proceeds of $3,114,000. Each Unit is comprised of one common share and one share purchase warrant. Each share purchase [...]
Prophecy Initiates Deep IP Survey and Bulk Tonnage Metallurgical Testing at Lynn Lake Nickel Sulphide Project
VANCOUVER, B.C. – March 24, 2010, : Prophecy Resource Corp. (TSX.V: PCY; OTC: PCYRF; Frankfurt: 3P1) is pleased to report on the following field exploration and metallurgical testing operations currently in progress on its Lynn Lake Nickel Sulphide Project located in Manitoba, Canada.
The Lynn Lake mine was operated by Sherritt-Gordon from 1953 to 1976 and [...]
Winfield Resources – April 2010 Update
In February 2010 Bouvier DeFont plc of London, England, tabled a structured project finance proposal to fund the EPC (engineering, procurement & construction) of the 300,000 barrel per day oil refinery at Ras Lanuf, Libya, on a debt and project equity basis.
The cost of borrowed money and division of refinery ownership interests remains subject [...]
