A quieter day expected on the news front today as the US market is closed for the memorial day holiday. I did find a couple interesting news stories with my comments below. Barrick Gold – (ABX:TSX) – Barrick will be selling the Cowall Mine in Australia to Evolution Mining for $550 million US. Barrick will… Continue Reading
In the early phases of building an oil and gas company, you want to get a carried interest into as many high impact wells as possible that are ideally being drilled on somebody else’s dime. This reduces risk. Pan Orient Energy (POE.V) continues to reduce risk and keep a portion of the upside potential by farming out… Continue Reading
