An expanded lithium drill program powered shares of junior explorer Tuesday. Here’s some small stocks making big moves on Tuesday, November 21, 2017 (as of 4 pm EST):
Great Thunder Gold Corp. (TSXV:GTG) shares jumped 80% to $0.045 on Tuesday after the junior explorer announced that it has awarded a drilling contract for its 100%-owned Chubb Lithium Project in Quebec. The Company added that the drilling program will comprise three 100-metre holes, rather than two holes as previously announced.
As well, shares of Katanga Mining Limited (TSX:KAT) slipped 13% to $1.06 as majority owner Glencore Plc said it had identified material weaknesses in the internal controls for financial reporting at Katanga, which operates cobalt mines in Democratic Republic of Congo.
Fintech Select Ltd. (TSXV:FTEC), meanwhile, reported that it has filed a patent application for its propriety POS (Point-of-Sale) Cryptocurrency platform, which it believes carries competitive advantages when compared to Bitcoin ATMs and regular online exchanges. Fintech Select stock popped 31% to $0.425 following the announcement.
Finally, Chilean Metals Inc. (TSXV:CMX) shares rose 17% to $0.07 after the junior exploration company provided an update on the exploration program on the Zulema project in Chile. The Company said the exploration program has advanced beyond the initial drill program to a preparation for the next stage of drilling.
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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