Small
stocks making big moves on Tuesday, May 19, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
BitGold Inc. (TSXV: XAU) shares surged 61% to $6.68 on Tuesday after the platform
for savings and payments in gold announced the formation of a Technical
Advisory Board and the appointment of Dario Meli, co-founder of Hootsuite, and
Rahul Sood as Technical Advisors.
As well,
shares of Tethys Petroleum Limited (TSX:
TPL) slipped 8% to $0.165 as the Central Asian focused oil and gas producer said
its first-quarter oil and gas revenue fell to US$5.95 million from $6.78 million
during the same period last year.
True Gold Mining Inc. (TSXV:
TGM), meanwhile, reported that it has resumed activity at its Karma Gold
Project in Burkina Faso and it expects to pour first gold there in March 2016.
True Gold Mining stock moved up 10% to $0.22 following the announcement.
Finally, Entrée Gold Inc. (TSX:
ETG) shares climbed 12% to $0.52 after the copper and molybdenum project developer said it welcomed
the May 18, 2015 joint announcement that an Oyu Tolgoi Underground Mine
Development and Financing Plan has been signed by the Government of Mongolia,
Entrée’s joint venture partner, Oyu Tolgoi LLC, Turquoise Hill Resources Ltd.,
and Rio Tinto.
