Founded Proactive Investors in 2006 as a way to channel his own views on companies listed in London and Toronto. What started as a hobby quickly turned into a full time job as the website's readership exploded over the next six months. One2One forums were added in 2006 and within two years the company had expanded its operations into Canada and Australia. Before starting Proactive, Ian spent many a year wandering the earth while investing in equities and futures, chalking up several great investment successes and failures along the way. Ian started a biology degree in Canada, hopped on a plane to Dublin half way through, and ended up finishing a business degree in England many moons later. Ian now resides in Toronto.
Investors who put their faith in Valdor Technology International's (CVE:VTI) $2 million private placement - which closed last month - have been handsomely rewarded in short order with shares in the fiber optics components specialist already up over 90 per cent from the 10 cent placement price.
Madalena Ventures' (CVE:MVN) shares are on the rise again today after investors and analysts weighed up the implications of news that Chevron (NYSE:CVX) and YPF have increased their investment commitments in the Vaca Muerta oil shale oil reservoir, where Madalena has interests in two blocks
Crude oil was hit particularly hard by concerns about the strength of the US economy, which underpins demand. Oil fell an eye-watering $4.96/barrel to $86.97. The picture was equally grim for other commodities.
Rubicon Minerals (TSE:RMX, AMEX:RBY) received a huge vote of confidence in the potential of its Phoenix Gold Project with an agreement that will see larger industry peer Agnico-Eagle (TSE:AEM, NYSE:AEM) invest C$70 million