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1.95 old year high should re test this in the next weeks ahead
ERic Sprott buys PP deal .30 $FVL
Monster Drill Hole in Alaska
$FSVEF $FVL News Release Freegold drills 188 m of 3.69 g/t Au at Golden Summit
If You Remember ARU from .60 cents to 43 dollars in 6 months
237 metres 4.14 grams
Remark Holdings Inc. $MARK stock Reiterated by ROTH Capital analyst, price target now $20.50 dbtnews.com … via @The DBT News
https://dbtnews.com/2020/05/04/remark-holdings-inc-mark-stock-reiterated-by-roth-capital-analyst-price-target-now-20-50/
A tweet and a NEWS Release are not the same thing like man oh man
Why no press release on Las Vegas deal ?
Company brain dead?
FG Falcon Gold
Super High Grade Gold
visual core photo's https://orders.newsfilecorp.com/files/4151/55000_f8778ec3f4fcea93_003full.jpg
https://falcongold.ca/falcon-completes-3-drill-holes-central-canada-gold-project/
ASSAYS ARE RUSH in roughly 2 weeks or less
pretty much gameover for existing shareholders
Whiting Petroleum Corporation Enters into Restructuring Support Agreement With Certain of its Senior Noteholders and Files Chapter 11 Reorganization Plan and Disclosure Statement
2020-04-24 09:00 ET - News Release
Company intends to convert over $2.3 Billion of its Unsecured Notes and Certain Other Claims into a 97% ownership interest in the newly reorganized Company and exit Chapter 11 within the next 5 months
Company Website: http://www.whiting.com
DENVER -- (Business Wire)
Whiting Petroleum Corporation (NYSE: WLL) and certain subsidiaries (collectively, “Whiting” or the “Company”) today announced that they have entered into a restructuring support agreement (the “RSA”) with certain holders (the “Supporting Noteholders”) of its 1.25% convertible senior notes due 2020, 5.750% senior notes due 2021, 6.250% senior notes due 2023 and 6.625% senior notes due 2026 (collectively, the “Senior Notes”). In addition, the Company has filed a consensual chapter 11 plan of reorganization (the “Plan”) and a related disclosure statement (the “Disclosure Statement”) with the United States Bankruptcy Court for the Southern District of Texas (the “Court”). The Plan outlines a proposed path to strengthen the Company’s balance sheet, reducing debt and improving liquidity in order to emerge from bankruptcy as a financially stronger company in accordance with the terms of the RSA.
The RSA and the Plan provide for, among other things: (1) significant de-leveraging of the Company’s capital structure by over $2.3 billion through the exchange of all of the Senior Notes as well as certain other general unsecured claims for 97% of the new equity of the reorganized Company to be issued pursuant to the Plan; (2) payment in full of the Company’s revolving credit facility, other secured creditors, tax and other priority claimants, employees, working interest partners and certain trade creditors (other than litigation and rejection damages claimants); and (3) existing equity holders to receive 3% of the new equity of the reorganized Company and warrants to purchase additional equity of the reorganized Company. Consummation of the Plan will be subject to confirmation by the Court in addition to other conditions to be set forth in the Plan, the RSA and related transaction documents.
Bradley J. Holly, the Company’s Chairman, President and CEO, commented, “We are pleased to have secured a highly constructive RSA with certain holders of our Senior Notes. Through the proposed terms of the plan of reorganization, we believe a right-sized balance sheet will enable us to capitalize on our enhanced cost structure, high-quality asset base and successfully compete in the current environment.”
A hearing will be scheduled with the Court to consider approval of the Disclosure Statement related to the Plan. Following Court approval of the Disclosure Statement, the Company will distribute the Plan and Disclosure Statement to voting creditors and other parties in interest for their consideration.
This press release is not intended as solicitation for a vote on the Plan.
Moelis & Company is acting as financial advisor for the Company, Kirkland & Ellis and Jackson Walker are acting as legal advisors, Alvarez & Marsal is acting as restructuring advisor and Jeffrey S. Stein of Stein Advisors LLC is the Company’s Chief Restructuring Officer.
PJT Partners is acting as financial advisor for the Ad Hoc Committee of Noteholders and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP are acting as legal advisors.
For inquiries regarding the restructuring, please call the hotline established by the Company’s noticing agent, Stretto, at (800) 330-2531 (toll-free domestic). The full terms of the Plan and Disclosure Statement, as well as the related pleadings, are available online at cases.stretto.com/whitingpetroleum.
About Whiting Petroleum Corporation
Whiting Petroleum Corporation, a Delaware corporation, is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in the Rocky Mountain region of the United States. The Company’s largest projects are in the Bakken and Three Forks plays in North Dakota and Niobrara play in northeast Colorado. The Company trades publicly under the symbol WLL on the New York Stock Exchange. For further information, please visit http://www.whiting.com.
Forward-Looking Statements
This news release contains statements that we believe to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than historical facts, including, without limitation, statements regarding our future financial position, business strategy, projected revenues, earnings, costs, capital expenditures and debt levels, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as we “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or “should” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements.
These risks and uncertainties include, but are not limited to: the Company’s ability to obtain bankruptcy court approval with respect to motions or other requests made to the bankruptcy court; the ability of the Company to negotiate, develop, confirm and consummate a plan of reorganization; the effects of the chapter 11 cases on the Company’s liquidity or results of operations or business prospects; the effects of the chapter 11 cases on the Company’s business and the interests of various constituents; the length of time that the Company will operate under chapter 11 protection; risks associated with third-party motions in the chapter 11 cases; declines in, or extended periods of low oil, NGL or natural gas prices; our level of success in exploration, development and production activities; risks related to our level of indebtedness, our ability to comply with debt covenants, periodic redeterminations of the borrowing base under our credit agreement and our ability to generate sufficient cash flows from operations to service our indebtedness; our ability to generate sufficient cash flows from operations to meet the internally funded portion of our capital expenditures budget; our ability to obtain external capital to finance exploration and development operations; the impact of negative shifts in investor sentiment towards the oil and gas industry; impacts resulting from the allocation of resources among our strategic opportunities; the geographic concentration of our operations; impacts to financial statements as a result of impairment write-downs and other cash and noncash charges to reduce financial leverage and complexity and lower our capital expenditures; federal and state initiatives relating to the regulation of hydraulic fracturing and air emissions; revisions to reserve estimates as a result of changes in commodity prices, regulation and other factors; inaccuracies of our reserve estimates or our assumptions underlying them; the timing of our exploration and development expenditures; risks relating to decreases in our credit rating; our inability to access oil and gas markets due to market conditions or operational impediments; market availability of, and risks associated with, transport of oil and gas; our ability to successfully complete asset dispositions and the risks related thereto; our ability to drill producing wells on undeveloped acreage prior to its lease expiration; shortages of or delays in obtaining qualified personnel or equipment, including drilling rigs and completion services; weakened differentials impacting the price we receive for oil and natural gas; risks relating to any unforeseen liabilities of ours; the impacts of hedging on our results of operations; adverse weather conditions that may negatively impact development or production activities; uninsured or underinsured losses resulting from our oil and gas operations; lack of control over non-operated properties; failure of our properties to yield oil or gas in commercially viable quantities; the impact and costs of compliance with laws and regulations governing our oil and gas operations; the potential impact of changes in laws that could have a negative effect on the oil and gas industry; impacts of local regulations, climate change issues, negative public perception of our industry and corporate governance standards; our ability to replace our oil and natural gas reserves; negative impacts from litigation and legal proceedings; unforeseen underperformance of or liabilities associated with acquired properties or other strategic partnerships or investments; competition in the oil and gas industry; any loss of our senior management or technical personnel; cyber security attacks or failures of our telecommunication and other information technology infrastructure; and other risks described under the caption “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the period ended December 31, 2019. We assume no obligation, and disclaim any duty, to update the forward-looking statements in this news release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200424005286/en/
Contacts:
Company Contact: Eric K. Hagen
Title: Vice President, Corporate Affairs
Phone: 303.837.1661
Email: Eric.Hagen@whiting.com
Source: Whiting Petroleum Corporation
GTWO
High Grade Gold Discovery 2km strike of visual gold in drill holes = huge oz's of high grade gold
https://www.g2goldfields.com/wp-content/uploads/2020/04/Table1.pdf
https://www.g2goldfields.com/wp-content/uploads/2020/04/Figure1.pdf
holes 36 37 38 39 40 41 in progress south of hole 35
big high grade gold system
GFG huge drill hole today
GFG Resources Inc. has intersected a significant high-grade gold system at the Nib prospect at its 100-per-cent-owned Pen gold project, located 40 kilometres west of the prolific Timmins gold district in Ontario, Canada. Hole PEN-20-47 intersected 71.27 grams of gold per tonne ("g/t Au") over 8.5 metres ("m") including 511.00 g/t Au over 1.15 m at a vertical depth of approximately 50 m below surface (See Table 1 and Figures 1-4).
Jay Taylor Bob Moriarty Gwen Preston Horseman Bullmarketrun and a few others so watch for more action in the days ahead
interviews coming out
On Friday, April 3rd, join us on #Instagram at 2PM (EDT) / 11AM (PDT) for a #live conversation with Jim Megann, Director of @SonaNanotech. Tune in to @CanadianSecuritiesExchange to watch and participate in real-time: http://bit.ly/CSE-IG
SONA SNANF backed up by Canadian Government gets a $3 dollar US price target or 4.25 Canadian
https://sonanano.com/wp-content/uploads/2020/04/SONA.SNANF_.Initiation.Maxim_.0402206.pdf
Sona Nanotech Inc. Buy INSTITUTIONAL Maxim Group LLC
Striking Gold in Sona Nanotech; Disruptive Gold Nanorod
Technology for COVID and Beyond – Initiating with a Buy &
$3 PT
Summary
• We are initiating coverage of Sona Nanotech with a Buy rating and $3 price
target. Sona is a nanotechnology company developing gold nanorods (GNRs)
for a number of applications, initially targeting lateral flow assays (LFAs)
for diagnostics. A near-term catalyst is COVID-19, but the long-term driver
may be disrupting the larger LFA space (2B LFA tests annually for a number
of applications including infectious disease, pregnancy tests, agricultural
testing and environmental testing).
• COVID-19: Sona is working with GE Healthcare (GE - NR) to develop an LFA for
COVID-19 biomarker(s), not an antibody or PCR test. It is essentially as simple
as a flu test; swab, place on the 'stick', see if color bar shows up indicating a
positive test. This type of testing is more likely applicable to pandemic-scale
testing, whereas PCR, even with more rapid options, may not be.
• Conclusion: Gold nanoparticles have utility in numerous applications and
Sona Nanotech’s GNR platform could be disruptive to the larger LFA market.
COVID-19 represents a near-term opportunity for both revenue, and most
important in our view, exposure for Sona’s GNR platform, which is the longterm
driver.
Details
Gold nanorods and LFAs. Due to their unique optical properties and surface
chemistry, gold nanoparticles play an important role in a number of industrial,
biomedical, and electronic applications. Though the standard in most cases is gold
nanospheres, other shapes such as nanorods, nanostars, and nanoshells have
certain advantages. Sona’s Gemini GNR platform is manufactured without CTAB,
a surfactant that prevents other GNRs from proper flow in LFAs. We review GNRs
and LFAs extensively in this report, which we see as the long-term drivers for Sona.
However, let's discuss the COVID-19 opportunity.
COVID-19 testing – Going beyond PCR and antibodies. Testing from the WHO,
CDC, or anywhere else, is PCR-based. While highly accurate, it is time consuming
and faces reagent supply chain challenges as well as availability issues. While
advances in PCR for COVID-19, particularly from Abbot (ABT - NR) and Cephied
(Danaher, DHR - NR) may help improve output, in our view, it is still PCR, which
means it still requires equipment, reagents, time, and a tech. It will also be interesting
to see how the IgG/IgM tests are adopted; antibodies take time to mount and do
not necessarily tell if there is an infection now, but can provide epidemiological data.
Testing space needs to go beyond molecular testing to drive large scale, practical,
and cost-effective testing for pandemic-scale testing, which is where LFAs are an
attractive option. Think of the basic flu test, a pregnancy test etc.- large-scale, simple,
and cost-effective ($10 - $30 per test).
Sona's GNR-based LFA will detect viral components from patient samples within
minutes and determine if COVID-19 is present. This can be administered at the pointof-
care or eventually even at home. On 3/30, Sona entered into a letter-of-intent
agreement with a distributor representing the health authority of a G20 country for 2M
COVID-19 tests. The company also was awarded on 3/31 a $4.1M grant from NGen,
Canada's Advanced Manufacturing Supercluster to develop and commercialize its
COVID-19 test.
https://sonanano.com/wp-content/uploads/2020/04/SONA.SNANF_.Initiation.Maxim_.0402206.pdf
Sona Nanotech Inc. Buy INSTITUTIONAL Maxim Group LLC
Striking Gold in Sona Nanotech; Disruptive Gold Nanorod
Technology for COVID and Beyond – Initiating with a Buy &
$3 PT
Summary
• We are initiating coverage of Sona Nanotech with a Buy rating and $3 price
target. Sona is a nanotechnology company developing gold nanorods (GNRs)
for a number of applications, initially targeting lateral flow assays (LFAs)
for diagnostics. A near-term catalyst is COVID-19, but the long-term driver
may be disrupting the larger LFA space (2B LFA tests annually for a number
of applications including infectious disease, pregnancy tests, agricultural
testing and environmental testing).
• COVID-19: Sona is working with GE Healthcare (GE - NR) to develop an LFA for
COVID-19 biomarker(s), not an antibody or PCR test. It is essentially as simple
as a flu test; swab, place on the 'stick', see if color bar shows up indicating a
positive test. This type of testing is more likely applicable to pandemic-scale
testing, whereas PCR, even with more rapid options, may not be.
• Conclusion: Gold nanoparticles have utility in numerous applications and
Sona Nanotech’s GNR platform could be disruptive to the larger LFA market.
COVID-19 represents a near-term opportunity for both revenue, and most
important in our view, exposure for Sona’s GNR platform, which is the longterm
driver.
Details
Gold nanorods and LFAs. Due to their unique optical properties and surface
chemistry, gold nanoparticles play an important role in a number of industrial,
biomedical, and electronic applications. Though the standard in most cases is gold
nanospheres, other shapes such as nanorods, nanostars, and nanoshells have
certain advantages. Sona’s Gemini GNR platform is manufactured without CTAB,
a surfactant that prevents other GNRs from proper flow in LFAs. We review GNRs
and LFAs extensively in this report, which we see as the long-term drivers for Sona.
However, let's discuss the COVID-19 opportunity.
COVID-19 testing – Going beyond PCR and antibodies. Testing from the WHO,
CDC, or anywhere else, is PCR-based. While highly accurate, it is time consuming
and faces reagent supply chain challenges as well as availability issues. While
advances in PCR for COVID-19, particularly from Abbot (ABT - NR) and Cephied
(Danaher, DHR - NR) may help improve output, in our view, it is still PCR, which
means it still requires equipment, reagents, time, and a tech. It will also be interesting
to see how the IgG/IgM tests are adopted; antibodies take time to mount and do
not necessarily tell if there is an infection now, but can provide epidemiological data.
Testing space needs to go beyond molecular testing to drive large scale, practical,
and cost-effective testing for pandemic-scale testing, which is where LFAs are an
attractive option. Think of the basic flu test, a pregnancy test etc.- large-scale, simple,
and cost-effective ($10 - $30 per test).
Sona's GNR-based LFA will detect viral components from patient samples within
minutes and determine if COVID-19 is present. This can be administered at the pointof-
care or eventually even at home. On 3/30, Sona entered into a letter-of-intent
agreement with a distributor representing the health authority of a G20 country for 2M
COVID-19 tests. The company also was awarded on 3/31 a $4.1M grant from NGen,
Canada's Advanced Manufacturing Supercluster to develop and commercialize its
COVID-19 test.
https://sonanano.com/wp-content/uploads/2020/04/SONA.SNANF_.Initiation.Maxim_.0402206.pdf
SONA SNANF COVID-19 rapid test kits endorsed by the Trudeau Canadian Government Justin Trudeau, Prime Minister of Canada
Sona receives $4.1M grant from NGen for COVID-19 test
Rapid test kits: 1 million kits per week
•Sona Nanotech, together with a consortium of laboratories, universities, and hospitals, will use nanotechnology to develop point-of-care test kits that will improve the accuracy of virus detection and provide results in 5-10 minutes
https://pm.gc.ca/en/news/backgrounders/2020/03/31/partnerships-canadian-industry-fight-covid-19-pandemic
300,000,000 per share reverse splits
TOPS be another big day tomorrow
nice close .54
maybe go back and read your posts people like you should be banned from posting on bullboards
$$$ this is a buy Top Ships Inc. (TOPS) 03/30/2020 08:08:02 AM
I’ve got 8 friends with buy orders in. Top Ships Inc. (TOPS) 03/29/2020 06:49:23 PM
So many buys Friday including after hours. This Top Ships Inc. (TOPS) 03/29/2020 06:48:26 PM
Over 1.00 on Monday. Top Ships Inc. (TOPS) 03/29/2020 04:08:56 PM
will be interesting AH and pre market tomorrow
looks like a run coming into closing bell
In .49
what you all think run into closing bell? maybe I should buy now?
volume is explosive I can see this running to fill the gap down around 2.75
so my target would be 2.50
I have my buy ready if it breaks .56
I may jump in just before close for a gapper tomorrow
TOPS impressive volume and gains I would guess .55 close then run it in afterhours
Should see news anytime Test Kits have been sent out and more ordered
AYTU HITS NBC NEWS watch it live at 5:30 min mark
https://ca.investing.com/indices/us-30-futures
AYTU HITS NBC NEWS watch it live at 5:30 min mark
https://ca.investing.com/indices/us-30-futures
AYTU also on FOX NEWS early
AYTU 3 dollars 1/2 to 1 hour after open tomorrow morning
Futures up 548 points big day coming tomorrow
https://ca.investing.com/indices/us-30-futures
AYTU news FDA approves rapid coronavirus test licensed by Colorado company
https://twitter.com/wildcat2013
yes AYTU going to fly high watch for another news release tomorrow or Wed
Yup AYTU fasted testing out there 2 to 10 minutes
97.2 percent accurate
AWESOME FOX NEWS PICKED UP AYTU FDA APPROVED COVID 19 TEST !
https://www.fox21news.com/health/coronavirus/fda-approves-rapid-coronavirus-test-licensed-by-colorado-company/
AWESOME FOX NEWS PICKED UP AYTU FDA APPROVED COVID 19 TEST !
https://www.fox21news.com/health/coronavirus/fda-approves-rapid-coronavirus-test-licensed-by-colorado-company/