Updating Pulse Seismic, Yamana Gold and AlarmForce Industries

Article Excerpt

PULSE SEISMIC $1.36 (Toronto symbol PSD; SI Rating: Speculative) (403-237-5559; www.pulsedatainc.com; Shares outstanding: 53.1 million; Market cap: $72.3 million) is Pulse Data’s new name. The stock symbol is unchanged. Pulse changed its name because it is now focused on buying, marketing and licensing two- and three-dimensional seismic data to companies in the western Canadian energy sector. To this end, Pulse sold its Terrapoint airborne digital-mapping business for $6.5 million in May 2008. Pulse Seismic is still a buy for aggressive investors. YAMANA GOLD $10.37 (Toronto symbol YRI; SI Rating: Speculative) (416-815-0220; www.yamana.com; Shares outstanding: 732.9 million; Market cap: $7.6 billion) has agreed to sell its San Andres mine in Honduras, as well as the Sao Francisco and Sao Vicente mines in Brazil, to Aura Minerals (symbol ORA on Toronto) for $240 million (all amounts except share price in U.S. dollars). Payment will consist of $90 million in cash, $40 million in Aura common shares (for an interest of roughly 16%), a $70-million, three-year promissory…

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