Gold Junior Shines on Visible Gold Discovery

Wallbridge Mining Company Limited (TSX:WM), a gold junior, jumped after intersecting multiple visible gold-bearing shear zones

Sean Mason | March 25, 2019 | SmallCapPower

Multiple visible gold-bearing shear zones generated much speculation in shares of a gold junior Monday. Here’s some small stocks making big moves on Monday, March 25, 2019 (as of 4 pm EST):

Wallbridge Mining Company Limited (TSX:WM) shares climbed 13% to $0.305 on Monday after the gold junior announced that the first hole of its 2019 surface drill program at its 100%-owned Fenelon Gold property in Quebec has intersected multiple visible gold-bearing shear zones and other abundant mineralized veins over an approximately 275 metre core length.

Win Big With Our Small Cap Picks


As well, shares of Gluskin Sheff + Associates Inc. (TSX:GS) surged 29% to $14.45 as the wealth management firm said it has agreed to be acquired by Onex Corporation for C$14.25 per share in cash.

Espial Group Inc. (TSX:ESP), meanwhile, reported that it has agreed to be acquired by Enghouse Systems Limited for C$1.57 per in cash, or a total consideration of approximately C$56.5 million. Espial Group stock popped 37% to $1.55 following the announcement.

Finally, OneSoft Solutions Inc. (TSXV:OSS) shares rose 12% to $0.95 after the software technology developer announced that another Houston–based pipeline operator has adopted its wholly-owned subsidiary OneBridge’s Cognitive Integrity Management software-as-a-service solution for long-term use for its U.S. and Canadian operations.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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: