Small
stocks making big moves on Tuesday, July 21, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
Torex Gold Resources Inc. (TSX:
TXG) shares jumped 20% to $1.02 on volume of more than 2.8 million shares
Tuesday after the gold project developer announced what it called a positive
Preliminary Economic Assessment (PEA) for its 100% owned Media Luna Project in Mexico,
and revealed a new 43-101 Inferred mineral resource estimate of 7.42 million
gold equivalent ounces, including 3.98 million ounces of gold, at a cut-off
grade of 2 g/t gold equivalent.
As well,
shares of Alter NRG Corp. (TSX:
NRG) climbed 15% to $4.98 as the alternative energy solutions provider said
it has received written confirmation from the Committee on Foreign Investment
in the United States, stating that there are no unresolved national security
concerns in regards to Harvest International New Energy, Co., Ltd.’s proposed
takeover of the company.
Goldstrike Resources Ltd. (TSXV:
GSR), meanwhile, reported that it has intersected mineralization containing
coarse visible gold in five drill holes (50 per cent of the holes drilled) at
Gold Dome and Goldstack at its Plateau project in the Yukon. The company added
that assays are pending on all holes. Goldstrike stock moved up 13% to $0.18 following the announcement.
