Want to take advantage of the resource sector downturn? Find a billionaire backer and a management team from a top tier producer… Warwick Smith’s Western Pacific Resources (TSXV:WRP), a Vancouver-based junior miner with a $3.3 million market cap, has raised $10 million via a convertible debenture, and an additional $8.5 million via a base metals streaming agreement… Continue Reading

THE CALANDRA REPORT: Subscribe $91 yearly Topics: Coastal Contacts, Inovio, American Sands, Stockr, Mason Graphite, Tembo, GSV & Sunny LA LOS ANGELES — Just back from getting my batteries charged at LD Micro in Bel Air. About 240 companies — four or five gold | a dozen energy | and the rest Biomedical, Internet, retail,… Continue Reading

US Oil Sands (USO:TSXV) has closed its previously announced, oversubscribed $81 million financing and has added a changed lineup of all-star energy entrepreneurs to its board of directors.  USO raised the money from three main strategic investors, Blue Pacific Investments, Anchorage Capital Group and Spitfire Ventures.  Blue Pacific nominated Serafino Iacono (highly successful Colombian resource entrepreneur… Continue Reading

Yesterday Stockwatch reported that well known Canadian financier Frank Giustra was rolling back his public shells. These are the vehicles he has historically used to launch new natural resources ventures. Frank Giustra’s Royce Resources Corp. (ROY), last at 1.5 cents, will ask shareholders at its AGM on Oct. 17, 2013, to approve a 1:10 rollback. The shell… Continue Reading

US Oil Sands Inc. (TSXV:USO), which holds the largest commercial oil sands land position in the U.S., has announced a strategic 80 million dollar private placement today at .15 cents, representing a 49% premium to the 20 day volume weighted average trading price of the Company’s common shares. Blue Pacific Investments Group Ltd., Anchorage Capital Group LLC… Continue Reading

The following commentary has been provided by Lawrence Roulston. Mr Roulston is an economic geologist and the editor of Resource Opportunities, a subscriber funded newsletter uncovering opportunities for wealth creation in natural resources stocks. We are subscribers of Mr. Roulston’s and follow him at conferences. Sign up for a free report from Mr. Roulston today.… Continue Reading