Junior Gold Stock Shines on Mine Development Partnership

Share on Linkedin

Orefinders Resources Inc. (CVE:ORX), a junior gold stock, moved higher after announcing a strategic partnership to develop the Mirado Gold Mine

Sean Mason | May 17, 2017 | SmallCapPower

Plans to create a gold mine in Ontario garnered some interest in a junior gold stock Wednesday. Here’s some small stocks making big moves on Wednesday, May 17, 2017 (as of 4 pm EST):

Junior gold stock Orefinders Resources Inc. (TSXV: ORX) climbed 10% to $0.055 on Wednesday after announcing a strategic partnership with SCR Mining and Tunnelling to develop the Mirado Gold Mine, located 35 km southeast of the Town of Kirkland Lake in northeastern Ontario.

Win Big With Our Small Cap Picks

 

As well, shares of Ceapro Inc. (TSXV: CZO) slipped 17% to $1 as the biotechnology company said its first-quarter sales fell to $3.18 million from $4.06 million during the same period last year.

Bee Vectoring Technologies (TSXV: BEE), meanwhile, reported what it called “successful, verified results” from large commercial scale demonstrations of its crop production system, with strawberry growers in Florida. Bee Vectoring Technologies has developed bee vectoring technology that is designed to harmlessly utilize bumblebees and honeybees as natural delivery mechanisms for a variety of powdered mixtures comprised of organic compounds that inhibit or control common crop diseases, while at the same time enhancing crop vigor and productivity. Its stock moved up 21% to $0.34 following the announcement.

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 any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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. To read more of this Disclaimer please click on the button below: