Resource Junior Jumps on Gold Grab Sample Results

Juggernaut Exploration Ltd. (TSXV:JUGR), a resource junior, glistered after one of its investee companies released gold grab sample results

Sean Mason | February 20, 2018 | SmallCapPower

Interest in a precious metal generator’s gold sample results lifted shares of a resource junior Tuesday. Here’s some small stocks making big moves on Tuesday, February 20, 2018 (as of 4 pm EST):

Juggernaut Exploration Ltd. (TSXV:JUGR) shares powered 43% to $0.30 on Tuesday after the resource junior announced that DSM Syndicate, a private precious metal generator in which Juggernaut owns a minority interest, discovered a 400m x 250m wide zone defined by mineralized grab and chip samples that assayed up to 2.78 grams per tonne gold at the Newstrike property in British Columbia.

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As well, shares of Uni-Select Inc. (TSX:UNS) slipped 12% to $22.94 as the provider of automotive aftermarket parts, automotive refinish and industrial paint said its FinishMaster U.S. segment was impacted in the fourth quarter by the residual effect of the product line changeover, severance related to the 20/20 initiative, and other elements.

Patriot One Technologies Inc. (TSXV:PAT), meanwhile, reported that its stock has been upgraded from the OTCQB Venture Market, and is now trading on the OTCQX Best Market. Patriot One Technologies stock moved up as much as 4% before ending unchanged at $2.27 following the announcement.

Finally, Nitinat Minerals Corporation (TSXV:NZZ) shares gained 48% to $0.37 after the gold explorer announced that John Alan Gould has been appointed the Qualified Person in respect of the Corporation’s Carscallen Gold Property. Mr. Gould, who has extensive experience with geological formations similar to those found on the Property, has completed a review of the Property and has developed an initial work program.

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

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