Sean Mason | March 15, 2016 | SmallCapPower
Gold survey results pointed to something potentially good Tuesday, while cost overruns weighed on a clean tech play. Here’s some small stocks making big moves on Tuesday, March 15, 2016 (as of 4 pm EST):
Typhoon Exploration Inc. (TSXV: TYP) shares climbed 50% to $0.06 on Tuesday after the resource junior announced results from a first OreVision test survey completed on its 51% owned Aiguebelle-Goldfields property in Quebec, which the Company claims shows “two, clear, ready-to-drill anomalies.”
As well, shares of Orbite Technologies Inc. (TSX: ORT) slid 20% to $0.24 as the clean tech company said capital costs at its high-purity alumina production plant in Québec must be increased by approximately $9.9 million and that its current financial resources are insufficient to cover these additional expenditures.
Finally, Graphene 3D Lab Inc. (TSXV: GGG) shares powered 50% higher to $0.48 after the maker of graphene composites and coatings announced that it will be exhibiting some of its recently-developed products, including a graphene-based flexible organic Light Emitting Device (LED), at the American Physical Society March Meeting.
Hi, did you know SmallCapPower accepts blog submissions? You can contact me at firstname.lastname@example.org.
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.