Glistering gold results caught the eyes of a few junior explorer speculators Tuesday. Here’s some small stocks making big moves on Tuesday, January 23, 2018 (as of 4 pm EST):
Tudor Gold Corp. (TSXV:TUD) shares gained 8% to $0.52 on Tuesday, following a 10% increase Monday, after the junior explorer announced results from its 2017 drill program on the Copper Belle zone of the Company’s Treaty Creek property in British Columbia, which included 124.5 metres grading 0.98 g/t gold from 53.0 to 177.5 metres.
As well, shares of Pretium Resources Inc. (TSX:PVG) slid 27% to $9.87 as the gold miner said it expects gold production at its Brucejack mine in British Columbia to be in the range of 150,000 ounces to 200,000 ounces for the first half of 2018, for total first year ramp-up gold production of 302,000 ounces to 352,000 ounces.
RYU Apparel Inc. (TSXV:RYU), meanwhile, reported that it has been highlighted by Forbes as a luxury brand trendsetter, by granting greater flexibility to the individual needs of its customers. RYU Apparel stock moved up 10% to $0.265 following the announcement.
Finally, Legend Power Systems Inc. (TSXV:LPS) shares climbed 21% to $1.15 after the provider of voltage reduction and optimization technology announced that Con Edison, New York City’s Power Utility, has significantly increased its financial incentives for energy saving technologies, which includes the use Legend’s Harmonizer system.
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.
Tudor Gold Corp. (TSXV:TUD) shares gained 8% to $0.52 on Tuesday, following a 10% increase Monday, after the junior explorer announced results from its 2017 drill program on the Copper Belle zone of the Company’s Treaty Creek property in British Columbia, which included 124.5 metres grading 0.98 g/t gold from 53.0 to 177.5 metres.
