Resource Junior Moves Higher on High-Profile Appointment

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Euro Sun Mining Inc. (TSE:ESM), a resource junior, gained ground after announcing the appointment of Jim Rogers to its advisory board

Sean Mason | August 30, 2017 | SmallCapPower

Legendary investor Jim Rogers has a new role that sparked much interest in shares of a resource junior Wednesday. Here’s some small stocks making big moves on Wednesday, August 30, 2017 (as of 4 pm EST):

Euro Sun Mining Inc. (TSX: ESM) shares rose 8% to $1.69 on Wednesday after the resource junior announced that renowned investor and commodities expert Jim Rogers has joined the advisory board of Euro Sun Mining.

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As well, shares of dynaCERT Inc. (TSXV: DYA) slid 22% to $0.47 as the manufacturer of Carbon Emission Reduction Technology said it has encountered “significant challenges” during the second quarter with one of its key suppliers, which required the Company to redesign key electrical components and resulted in discontinuing the relationship with that supplier.

Strongbow Exploration Inc. (TSXV: SBW), meanwhile, reported that it has agreed to sell a 1.5% Net Smelter Returns royalty to Osisko Gold Royalties Ltd. on all metals and minerals produced from the South Crofty tin project in the United Kingdom for $7.17 million. Strongbow Exploration stock moved up 9% to $0.175 following the announcement.

Finally, Altamira Gold Corp. (TSXV: ALTA) shares jumped 7% to $0.245, on top of a 24% gain late Tuesday, after the gold explorer announced additional results from the ongoing drilling and trenching program at the Cajueiro project in Brazil, which included six metres of 21.74 g/t gold.

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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.

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