Resource Junior Jumps on Zinc Drill Results

Great Atlantic Resource Corp. (TSXV:GR), a resource junior, powered higher after announcing drill results from its Keymet Base Metal-Precious Metal Property

Sean Mason | January 18, 2019 | SmallCapPower

Assays from a resource junior had a few speculators thinking zinc Friday. Here’s some small stocks making big moves on Friday, January 18, 2019 (as of 4 pm EST):

Great Atlantic Resource Corp. (TSXV:GR) shares climbed 27% to $0.07 on Friday after the resource junior announced that it has received drill core analytical results for 13 holes completed during the 2018 diamond drilling program at its Keymet Base Metal-Precious Metal Property in New Brunswick, which included 7.89% zinc equivalent over 34.3 meters, starting from 46.20 metres.

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As well, shares of Dynex Power Inc. (TSXV:DNX) soared 152% to $0.63 as the semiconductor company said it has agreed to go private at a price of $0.65 per share in cash.

PharmaCielo Ltd. (TSXV:PCLO) stock, meanwhile, began trading on the Toronto Venture exchange today. The Company is the Canadian parent of a Colombian cultivator and producer of medicinal-grade cannabis oil.

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

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