Gold Junior Surges on Visual Copper Intersect

ML Gold Corp. (TSXV:MLG), a gold junior, glistered after intersecting a 230 metre interval with visual copper and molybdenum

Sean Mason | February 1, 2018 | SmallCapPower

A long interval of visual copper and molybdenum sparked a bit of speculation in a gold junior Thursday. Here’s some small stocks making big moves on Thursday, February 1, 2018 (as of 4 pm EST):

ML Gold Corp. (TSXV:MLG) shares jumped 7% to $0.225 on Thursday after the gold junior announced that it has intersected a 230 metre interval with visual copper and molybdenum at its Stars project in British Columbia.

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As well, shares of Aimia Inc. (TSX:AIM) slid 25% to $2.78 as the data-driven marketing and loyalty analytics company said it has sold its Nectar loyalty program and related assets to J Sainsbury plc for a gross consideration of approximately $105 million.

China Education Resources, Inc. (TSXV:CHN), meanwhile, reported that it has signed a Memorandum of Understanding with World Book, Inc. The two companies are discussing cooperation opportunities in certain areas including partnering together to create custom contents, as well as the distribution of World Book’s books and digital products in English to schools and libraries in China. China Education Resources stock moved up 44% to $0.13 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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