A Chilean joint venture and stockpile announcement had a few speculators piling into an exploration stock Thursday. Here’s some small stocks making big moves on Thursday, November 23, 2017 (as of 11:30 am EST):
Altiplano Minerals Ltd. (TSXV:APN), an exploration stock, climbed 26% to $0.195 on Thursday after announcing that it has earned a 50% interest in the Comet Joint Venture in Chile, which has stockpiled more than 200 tonnes of mineralized vein material to date in preparation for toll milling.
As well, shares of Acerus Pharmaceuticals Corporation (TSX:ASP) shot up 28% to $0.255 as the specialty pharmaceutical company said it has signed of an agreement granting Apsen Farmacêutica the exclusive right to market NATESTO in Brazil.
Goldmoney Inc. (TSX:XAU), meanwhile, reported that it has signed a non-binding Letter of Intent formalizing a joint venture framework whereby Goldmoney, Taojinyn, and Zhaojin Mining, China’s second-largest gold mining company, will jointly launch and operate a local version of Goldmoney in China, which will be named Goldmoney China. Goldmoney stock moved up 11% to $6.99 following the announcement.
Finally, Sonoro Energy Ltd. (TSXV:SNV) shares rose 40% to $0.035 as the oil and gas explorer/developer announced that it has cased its LG-1 Up-dip well in West Sulawesi, Indonesia to a depth of 546 metres, following conventional coring, logging and open-hole drill stem testing, where conventional cores clearly indicate the presence of hydrocarbons.
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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Altiplano Minerals Ltd. (TSXV:APN), an exploration stock, climbed 26% to $0.195 on Thursday after announcing that it has earned a 50% interest in the Comet Joint Venture in Chile, which has stockpiled more than 200 tonnes of mineralized vein material to date in preparation for toll milling.
