Graphite Junior Jumps on Drilling Announcement

    Berkwood Resources Ltd. (CVE:BKR), a graphite junior, gained ground after announcing that it has mobilized crews to its Lac Gueret South Graphite Project in Quebec

    Sean Mason | July 26, 2017 | SmallCapPower

    A highly-anticipated drill program generated a bit of buying interest in shares of a graphite junior Wednesday. Here’s some small stocks making big moves on Wednesday, July 26, 2017 (as of 4 pm EST):

    Berkwood Resources Ltd. (TSXV: BKR) shares climbed 16% to $0.40 on Wednesday after the graphite junior announced that it has mobilized crews to its Lac Gueret South Graphite Project in Quebec, in preparation for its drill program that is expected to begin in early August. The Company added that it anticipates completing some 1,500 to 2,000 meters of drilling in this initial phase of work.

    Related: Berkwood Resources CEO Says Our Project is Beside Mason Graphite’s High-Grade Discovery

    As well, shares of Yellow Pages Limited (TSX: Y) slipped 9% to $6.69 as the Canadian digital media and marketing company said its President and CEO, Julien Billot, has left the Company.

    Rock Tech Lithium Inc. (TSXV: RCK), meanwhile, reported the start of a field sampling program in the Parole Lake area of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of northwest Ontario. Rock Tech Lithium stock moved up 10% to $1.14 following the announcement.

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    Finally, Bee Vectoring Technologies (TSXV: BEE) shares added 8% at $0.28 after the provider of bee vectoring technology announced that it has received official organic certification in the United States, and its proprietary formulation of Vectorite with BVT-CR7 is now listed by the Organic Materials Review Institute.

    Ubika Research/SmallCapPower has received compensation from Berkwood Resources to provide analyst research coverage. For full disclosure please visit here >>

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

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