Beaufield Resources Inc. (CVE:BFD), a junior explorer, moved up after announcing that Urban-Windfall drilling will begin in January
Sean Mason | January 6, 2017 | SmallCapPower
Drilling plans sparked speculation in a junior explorer Friday. Here’s some small stocks making big moves on Friday, January 6, 2017 (as of 4 pm EST):
Beaufield Resources Inc. (CVE:BFD) shares jumped 18% to $0.10 on Friday after the junior explorer announced that new drill permits have been received and drilling in the Urban-Windfall district is scheduled to resume in January 2017.
As well, shares of Nippon Dragon Resources Inc. (CVE:NIP) gained 17% to $0.07 as the gold explorer said it has obtained an independent report following a test on a mine site located in the Abitibi region of Quebec to determine the efficiency of the thermal fragmentation mining method, which the Company claimed showed that its system is much less energy intensive than estimated and, therefore, allows its mining method to be even more competitive.
CO2 Solutions Inc. (CVE:CST), meanwhile, reported the completion of the performance assessment of rotating packed bed (RPB) equipment in the context of the further reduction of carbon capture costs utilizing its enzymatic technology. The Company added that “significant potential capital cost reduction for carbon capture plants is achievable.” CO2 Solutions stock moved up 3% to $0.17 following the announcement.
Finally, Laramide Resources Ltd. (TSE:LAM) shares rose 11% to $0.37 after the uranium junior said it has closed its previously-announced acquisition of the Churchrock and Crownpoint properties in New Mexico.
Hi, did you know SmallCapPower accepts blog submissions? You can contact me here
DISCLAIMER
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. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
