Gold Explorer Moves Up on Assay Results

Inventus Mining Corp. (TSXV:IVS), a gold explorer, rose after announcing assay results from the Pardo Paleoplacer Gold Project

Sean Mason | November 22, 2018 | SmallCapPower

Northern Ontario gold grades propelled shares of a gold explorer Thursday. Here’s some small stocks making big moves on Thursday, November 22, 2018 (as of 4 pm EST):

Inventus Mining Corp. (TSXV:IVS) shares gained 26% to $0.145 on Thursday after the gold explorer announced that it has received assay results for the first 28 holes of the winter drill program at the 100% owned Pardo Paleoplacer Gold Project near Sudbury, Ontario, with grades as high as 62 g/t gold.

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As well, shares of Raise Production Inc. (TSXV:RPC) climbed 31% to $0.19 as the oilfield service company said its third-quarter revenue increased 144% to $289,418.

YDreams Global Technologies Inc. (TSXV:YD), meanwhile, reported that it continues to intensify its initiatives related to eSports, working on a new product that combines eSports Tournaments, VR and complimentary interactive exhibitions while planning to launch a gaming festival in Q2 2019. YDreams Global stock moved up 10% to $0.16 following the announcement.   

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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