EnGold Mines Ltd. (CVE:EGM), a gold explorer, moved up after announcing that it has intersected fine visible gold grains
Sean Mason | October 26, 2016 | SmallCapPower
Visible gold was a sight for the sore eyes of more than a few gold explorer shareholders Wednesday. Here’s some small stocks making big moves on Wednesday, October 26, 2016 (as of 4 pm EST):
EnGold Mines Ltd. (CVE:EGM) shares gained 7% to $0.155 on Wednesday after the gold explorer announced that it has received assays from another drill hole from its ongoing drill program within the Aurizon South Gold Structure on its Lac La Hache Property in British Columbia. Subsequent drilling at Aurizon has intersected fine visible gold grains in a 7-10cm thick sulphide-bearing quartz vein, in two new drill holes, only 15 metres from the surface.
As well, shares of DH Corporation (TSE:DH) plunged 43% to $16.25 as the provider of technology solutions to domestic and global financial institutions said its third-quarter adjusted net income decreased 18.9% to $52.8 million, and revised downward its growth estimates for 2016.
Orbite Technologies Inc. (TSE:ORT), meanwhile, reported that production activities continue as planned at its high-purity alumina plant, with purity of the initial batches of Aluminum Chloride Hexahydrate crystals continuing to “surpass its expectations.” Orbite Technologies stock moved up 12% to $0.365 following the announcement.
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