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TSX VENTURE SHORT POSITIONS (October 06, 2008)

Short positions outstanding at Sept 15/08 (with changes from Aug 31/08). Largest short positions Gold Wheaton GLW 1481912 273112 Westernzagros WZR 1124451 -7283 Raytec Metals RAY …



Drillers at work at CIC Energy's Mmamabula coal field, in Botswana, where resources have climbed by 28% to 2.93 billion tonnes. The company is planning an electricity generating station, coal export facility, and coal-to-hydrocarbon conversion plant at Mmamabula.

CIC Energy buys back shares, advances Mmamabula

CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.


PEOPLE (October 06, 2008)

Alcoa — Kurt Waldo appointed a director; Jake Siewert appointed VP of business development and public strategy; William O’Rourke appointed VP of sustainability and environment, health and safety. Baf…



Drilling at Rye Patch Gold's Lincoln Hill project, in Nevada. The company cut a shallow 21-metre intersection grading 27 grams gold and 34 grams silver per tonne in reverse-circulation drilling at the project, sending its share price up by 128%.

Rye Patch shares rise on Nevada high-grade

Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.





LENDING RATES (October 06, 2008)

as of 9 a. m. ET, Sept. 30, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …


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