Unigold Inc. (TSXV:UGD), a gold explorer, surged after announcing drill results from its Candelones Extension deposit
SmallCapPower | October 23, 2020:
Notable gold and silver drill results sparked interest in shares of a gold explorer Friday. Here’s some small stocks making big moves on Friday, October 23, 2020 (as of 4 pm EST):
Unigold Inc. (TSXV:UGD) shares climbed 46% to $0.46 on Friday after the gold explorer announced results from its ongoing exploration drilling at its Candelones Extension deposit in the Dominican Republic, which included 14.0 meters averaging 14.94 grams per tonne (g/t) gold and 51.6 g/t silver.
As well, shares of East Africa Metals Inc. (TSXV:EAM) powered 22% higher to $0.22 as the resource junior said it has agreed to sell its Canaco Tanzania Limited subsidiary to a private Tanzanian company for US$2 million in cash.
RESAAS Services Inc. (TSXV:RSS) stock, meanwhile, continued to move higher Friday, up 20% to $0.335 following a 19% gain on Thursday, after the Company reported that the San Francisco Association of REALTORS has engaged RESAAS as its official software development partner to create a first-to-market email distribution service.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
Unigold Inc. (TSXV:UGD) shares climbed 46% to $0.46 on Friday after the gold explorer announced results from its ongoing exploration drilling at its Candelones Extension deposit in the Dominican Republic, which included 14.0 meters averaging 14.94 grams per tonne (g/t) gold and 51.6 g/t silver.
, on Friday.){kind=link}