Gold Junior Shines on New Gold Discovery

Core Gold Inc. (CVE:CGLD), a gold junior, climbed after announcing results from trenching activities at its Linderos gold target in Ecuador

Sean Mason | December 1, 2017 | SmallCapPower

High-grade gold results grabbed the attention of a few gold junior speculators Friday. Here’s some small stocks making big moves on Friday, December 1, 2017 (as of 4 pm EST):

Core Gold Inc. (TSXV:CGLD) shares jumped 19% to $0.34 on Friday after the gold junior announced gold results from trenching activities at its newly-identified Linderos gold target within its emerging Dynasty District in Ecuador, which included 21 metres of 18.51 g/t gold.

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As well, shares of betterU Education Corp. (TSXV:BTRU) shot up as much as 34% before ending 2% higher at $0.45 as the global education marketplace said it has extended the closing date of its agreement with Hindustan Times (HT Media Limited) until December 15, 2017. HT Media is expected to make up to a $10 million media investment that will to be utilized over two years to provide betterU’s marketplace with an increased visibility and brand awareness to millions of people across India.

American Manganese Inc. (TSXV:AMY), meanwhile, reported that it has been assigned a Legal Entity Identifier number through registration with WM Datenservice. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at reducing risks to investors. American Manganese stock moved 35% to $0.27 up following the announcement.

Finally, Datametrex AI Limited (TSXV:DM) shares rose 7% to $0.23 after the artificial intelligence technology provider announced that it has entered into a license and partnership agreement with ABC Solutions, a software and services provider for the Public, Finance, and Government sectors to sell the AI platform and DataTap Technology.

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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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