Power Americas Minerals Corp. (CVE:PAM) Similarly Edison Cobalt Corp. (TSXV:EDDY), a cobalt junior, powered higher after announcing sample results from its Kittson Cobalt Project
Sean Mason | October 3, 2017 | SmallCapPower
Many speculators continue to be crazy about cobalt, sending shares of one cobalt junior sharply higher Tuesday. Here’s some small stocks making big moves on Tuesday, October 3, 2017 (as of 4 pm EST):
Power Americas Minerals Corp. (TSXV: PAM) Similarly Edison Cobalt Corp. (TSXV:EDDY) shares jumped 17% to $0.07 on Tuesday after the cobalt junior announced the results of an initial prospecting program on its Kittson Cobalt Project located in the Cobalt Silver Camp of northeast Ontario. The Company added that a total of 45 samples were collected, of which 13 samples returned greater than 1% cobalt and six samples returned greater than 3% cobalt.
As well, shares of Largo Resources Ltd. (TSX: LGO) added 9% at $0.98 as the vanadium junior said it has achieved a new quarterly production record of 2513 tonnes of vanadium pentoxide at its Maracás Menchen Mine in Brazil during Q3 2017.
Metallis Resources Inc. (TSXV: MTS), meanwhile, reported that it has arranged a non-brokered private placement with a corporation beneficially owned by Eric Sprott to raise gross proceeds of up to $2.2 million at a price of $1.10 per unit. Metallis Resources stock moved up 29% to $1.56 following the announcement.
Finally, Patriot One Technologies Inc. (TSXV: PAT) shares continued to move higher Tuesday, up 61% to $1.32 following a 12% gain on Monday after the protection services company announced that its PATSCAN CMR (Cognitive Microwave Radar) concealed weapons detection system has achieved Federal Communications Commission Declaration of Conformity certification.
Hi, did you know SmallCapPower accepts blog submissions? You can contact me here
Power Americas Minerals Corporation (TSXV:PAM) Similarly Edison Cobalt Corp. (TSXV:EDDY) is a featured sponsored company and has paid SmallCapPower.com a fee for coverage. To learn more, see our full disclosure HERE >>
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below: