Articles by Midnight Trader

La Mancha Resources Finds Mineralized Structure at Sissedougou Yet Shares Slip 2%

La Mancha Resources Inc. (LMA.TO) was trading in the red in the afternoon despite announcing that its wholly-owned properties in Cote d'Ivoire have returned very promising drill results. ... Read >>

Atikwa Resources Shares Up 18%, on Back of Upbeat Production in Manitoba

Atikwa Resources Inc. (ATK.V) reported that its 7-34 well is flowing at initial rates of production of 267 barrels per day of fluid, with an oil cut of 50%, which translates into over... Read >>

UPDATE: Argentum Silver Begins Drilling at Coyote Property; Shares Climb 19% at Midday

Argentum Silver Corp. (ASL.V) climbed almost 19% to 16 cents at noon, but is just 6 cents above year lows. This was after announcing that it has commenced the first phase of its drilling... Read >>

Stocks Sink After 3 Economic Reports Disappoint; Cautious Guidance From Firms Also Drags

Stocks reversed course this morning, giving back an early advance after a new report found consumer confidence fell during January as Americans grew less sure of their job prospects and rising... Read >>

Stocks Fall After Jan. Consumer Confidence Fails to Keep Pace; Home Sales, Business Growth Also Lag

Stocks reversed course this morning, giving back an early advance after a new report found consumer confidence fell during January as Americans grew less sure of their job prospects and rising... Read >>

UPDATE: United States Steel Pares Down Gains to Trade Up 1% Near Mid-Day; Reports Narrower-Than-Expected Loss in Q4

United States Steel ( X ) is up more than 1% near mid-day trading after seeing gains of as much as 5.5% in the pre-market session and 6.4% into the regular session, the most it has climbed... Read >>

Imperial Oil Announces Estimated Fourth Quarter Financial and Operating Results; Full Year Earnings Second Highest in Imperial's History

Imperial Oil's (IMO.TO)earnings in the fourth quarter of 2011 were $1,005 million, up 26 percent from the fourth quarter of 2010. Earnings for the full year 2011 were $3,371 million, the... Read >>

Mart Resources Drilling Results and Operational Updates; Also 2011 Pipeline Losses; Shares Slump 25%

Mart Resources, Inc. (MMT.V) and its co-venturers, Midwestern Oil and Gas Company Plc today provided an operational update on the Umusadege field, onshore Nigeria. The UMU-9 well has... Read >>

Analyst Actions: Credit Suisse Initiates Coverage on TransGlobe with "Neutral" Rating, TP at $12.75

Opportunity at the Crossroads of Production. "We believe TransGlobe is at a crossroads where production growth appears to be gaining momentum, while the perception of operating in the... Read >>

International Finance Corporation Considers US$40 Million Financing for Sea Dragon

Sea Dragon Energy Inc. (SDX.V) announced today that International Finance Corporation is considering a proposed investment of up to US$40 million. The proposed IFC Financing consists of a... Read >>