Gold Explorer Climbs on Nevada Drill Results

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Gold Standard Ventures Corp. (TSE:GSV), a gold explorer, rose after announcing results from its 100%-owned/controlled Railroad Project in Nevada’s Carlin Trend

Sean Mason | November 7, 2017 | SmallCapPower

An impressive interval had more than a few speculators interested in shares of a gold explorer Tuesday. Here’s some small stocks making big moves on Tuesday, November 7, 2017 (as of 4 pm EST):

Gold Standard Ventures Corp. (TSX:GSV) shares gained 16% to $1.94 on Tuesday after the gold explorer announced results from 11 exploration and infill holes at the Dark Star oxide gold deposit on its 100%-owned/controlled Railroad Project in Nevada’s Carlin Trend, which included 136.0 metres of 2.67 g/t gold.

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As well, shares of AuRico Metals Inc. (TSX:AMI) soared 36% to $1.77 as the mining development and royalty company said it has agreed to be acquired by Centerra Gold (TSX:CG) for C$1.80 per share in cash, or a total consideration of approximately C$310 million.

AlarmForce Industries Inc. (TSX:AF), meanwhile, reported that it has agreed to be acquired by BCE Inc. for $16.00 per share in cash or, at the election of each shareholder, BCE shares for a total purchase price of approximately $184 million. AlarmForce Industries stock popped 72% to $16.02 following the announcement.

Finally, Millennial Esports Corp. (TSXV:GAME) shares rose 15% to $1.01 after the gaming technology provider announced the formation of a new division focused on the creation and implementation of blockchain based ‘in game and cross platform’ game and digital content tokens to enhance the community and user experience.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.

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