Eureka Resources Inc. (TSXV: EUK), a junior resource stock, moved up after announcing the acquisition of 82 claims located in Klondike Gold Fields in the Yukon
Sean Mason | January 12, 2017 | SmallCapPower
Yukon gold tempted a few speculators to take a chance on a junior resource stock Thursday. Here’s some small stocks making big moves on Thursday, January 12, 2017 (as of 11:30 am EST):
Junior resource stock Eureka Resources Inc. (TSXV: EUK) climbed 33% to $0.12 on Thursday after announcing the acquisition of 82 claims located in Klondike Gold Fields in the Yukon Territory, approximately 20 km north east of Goldcorp’s Coffee project.
As well, shares of DragonWave Inc. (TSX: DWI) sank 21% to $3.08 as the global supplier of packet microwave radio systems for mobile and access networks said its third-quarter revenue decreased to $10.2 million from $21.0 million during the same period last year, as the Company cited “operating challenges.”
3tl Technologies Corp. (TSXV: TTM), meanwhile, reported that it has signed two agreements with a leading advertising agency to provide PLATFORM, its Software as a Service (SaaS) consumer marketing platform, and custom development services to execute separate shopper marketing promotions for a leading confectionary brand and a leading pet food brand. 3tl Technologies stock moved up 63% to $0.065 following the announcement.
In addition, shares of Halogen Software (TSX: HGN) jumped 20% to $9.60 as the Cloud-based talent management suite provider said it has received “significant” interest from third parties to acquire the Company.
Finally, Arizona Mining Inc. (TSX: AZ) shares rose 9% to $2.70 after the resource junior announced drill results from five exploration holes on the Taylor zinc-lead-silver sulfide deposit at its 100%-owned Hermosa Project in Arizona, which included a 104-foot thick interval that assayed 22.1% zinc, 14.6% lead, and 5.6 opt silver.
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.
