Junior Explorer Surges on Gold Assays

Published:

Great Thunder Gold Corp. (TSXV: GTG), a junior explorer, climbed after announcing assay and geochemistry results

Sean Mason | July 8, 2016 | SmallCapPower

Speculators took a shine to gold assay results Friday. Here’s some small stocks making big moves on Friday, July 8, 2016 (as of 4 pm EST):

GTG logoGreat Thunder Gold Corp. (TSXV: GTG), a junior explorer, shot up 53% to $0.13 on Friday after announcing assay and geochemistry results from trenched outcrop sampling of gold bearing quartz veins completed in May and June 2016 from the Discovery West Zone at its Valentine Mountain Property in British Columbia. Four select rock samples yielded gold values of 162.8 g/t, 2.3 g/t, 37.9 g/t and 13.6 g/t respectively from fire assay using 30 grams sub-sample sizes and gravimetric methods.

Win Big With Our Small Cap Picks

 

As well, shares of Intema Solutions Inc. (CVE:ITM) fell 15% to $0.055 as the provider of email marketing designed for small and medium businesses said it has new development and more features to integrate the predictive marketing engine, MatcherAnalytics with major marketing tools on the market.

Mitel Networks Corp. (TSE:MNW), meanwhile, reported that Polycom Inc. has agreed to end its merger pact with Mitel and accepted an offer from private equity firm Siris Capital Group valued at about $2 billion. Mitel will receive a $60 million termination fee. Mitel Networks stock moved 20% to $9.37.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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.

Related articles

Recent articles