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The following companies have significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock: Primary Petroleum (TSXV:PIE), ESO Uranium (TSXV:ESO), Kivalliq Energy (TSXV:KIV), Bravada Gold Corporation (TSXV:BVA), Helio Resource Corp (TSXV:HRC), Premium Exploration (TSXV:PEM,OTCQX:PMMEF), Southern Silver Exploration (TSXV:SSV), El Tigre Silver Corp (TSXV:ELS, EGRTF:OTCQX), Pan American Gold Fields (OTCQB:MXOM).
Savvy investors, brokers, and institutional investors try to identify future news items or “Catalysts” that address significant company milestones. Identifying and anticipating these news items can greatly influence an investor’s success.
Following are significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock. These news catalysts are a reminder of already publicly released plans.
May 2012 News Catalysts
Primary Petroleum (TSXV: PIE) Primary has completed drilling, coring and logging of the six vertical stratigraphic test wells as part of the Phase I Joint Venture Exploration Program in Pondera and Teton Counties, north-western Montana. The Company and its JV Partner continue their analysis of the data collected from the Bakken system and conventional reservoirs. Once all of the data from the vertical program has been evaluated a more detailed update will be disseminated prior to the commencement of the horizontal drill program. The company has a market capitalization of $85 million and has $20 million in the bank.
ESO Uranium (TSXV:ESO) and 50% Joint Venture partner Fission Energy (TSX-V: FIS), are still waiting for assay results from a 2,100 metre drill program at their Patterson lake South property in the Athabasca Basin in Saskatchewan. ESO has a market Capitalizaiton of $9 million and about $500,000 in the bank.
Kivalliq Energy (TSXV:KIV) should provide a drilling update on its Angilak Uranium project in Nunavut in the next month. Kivalliq is in the midst of an agressive 26,000 metres drill program. The company has a market capitalization of $77.56 million and $10.76 million in the bank.
Bravada Gold Corporation (TSXV:BVA) anticipates announcing a Preliminary Economic Assessment( PEA) on its wholly owned Wind Mountain project in Nevada in the next few weeks. Mine Development Associates (MDA) of Reno is conducting the PEA utilizing a recently updated resource model. . The company has a market capitalization of $5.7 million and as of Feb 6th 2012 had about $300,000 in the bank.
Helio Resource Corp (TSXV:HRC) is expecting to start seeing results from its 6000 metre drill program that is currently underway at its Gold Kop Target, Damara Gold Project (DGP) in Namibia. To date, mineralisation outcrops at surface, has been drilled to a down-hole depth of 150 metres, and is open to depth and along strike. Helio has a market capitalization of $21 million and has $2.5 million in the bank.
Premium Exploration (TSXV:PEM,PMMEF-OTCQX) is expecting results for 10,000 soil samples it collected at its Lucky Strike, Deadwood, Monday, and Friday Zones on its wholly-owned Idaho gold project in Idaho. Gold-in-Soil anomalies have been very effective in mapping out the mineralized gold systems and these upcoming results could identify an additional 10km of potential targets. PEM has a market capitalization of $11 million and has $1 million in the bank.
Southern Silver Exploration (TSXV:SSV) continues to drill its Cerro Las Minitas project in Mexico. One drill rig remains dedicated to the continued delineation of mineralization in the Blind and El Sol zones. The second drill rig is testing specific occurrences located within the area of historic mining and several targets derived from the recently completed surface sampling and an IP geophysical program. So far, 4,630 metres in twenty drill holes have been completed in 2012, one additional hole is in progress. Assays from six drill holes are still pending. Southern Silver intends to drill 20,000 metres in 2012, with the aim of completing a NI 43-101 compliant resource by Q4 of 2012. The company has a market capitalization of $8 million and recently closed the first tranch of a private placement for gross proceeds of $662,700.
El Tigre Silver Corp (TSXV:ELS, EGRTF:OTCQX) is expecting to start receiving assay results from its 5,000 metre (24 hole) drill program on its Gold Hill prospect in Sonora Mexico. The property which hosts a well-developed gold-silver stock work zone in the hanging wall rocks of the highly productive El Tigre silver-gold vein. The company has a market capitalization of $10 million and at last report closed a financing in January 2012 valued at $1.1 million.
Pan American Gold Fields (OTCQB:MXOM) is expecting to release a Preliminary Economic Assessment on its the Cieneguita silver and gold project in Mexico during the second quarter. The report was started in October 2011 and the primary consultant is M3 Engineering and Technology based in Tucson, Arizona. Pan American Gold Fields has a market capitalization of $10.8 million and about $510,000 in cash and cash equivalents according to the company’s last posted financial report dated Nov 30 2011. The company is receiving production revenue from a small 500 tonne per day pilot plant operation on the Cieneguita project.