Uranium Explorer Powers Higher on Discovery News

Share on Linkedin

U3O8 Corp. (TSX: UWE), a uranium explorer, climbed after announcing that it has discovered a second type of uranium-vanadium mineralization

Sean Mason | January 11, 2017 | SmallCapPower

New mineralization put a charge in shares of a uranium explorer Wednesday. Here’s some small stocks making big moves on Wednesday, January 11, 2017 (as of 4 pm EST):

U3O8 Corp. (TSX: UWE) shares jumped 29% to $0.045 on Wednesday after the uranium explorer announced that it has discovered a second type of uranium-vanadium mineralization that occurs in addition to the typical mineralized gravel at La Rosada, an area that lies within the larger Laguna Salada Project in Argentina.

Win Big With Our Small Cap Picks


As well, shares of American Lithium Corp. (TSXV: LI) slid 21% to $0.155 as the lithium junior said it has decided to not proceed with the acquisition of additional acreage in Clayton Valley, Nevada as announced on November 15, 2016.

Natcore Technology Inc. (TSXV: NXT), meanwhile, reported that a US$300 million solar project it manages has been included in the list of selected projects for the development of solar energy in Vietnam’s Binh Thuan Province of Vietnam, and has been approved by the Province People’s Committee. Natcore Technology stock popped 27% to $0.38 following the announcement.

In addition, shares of Nexus Gold Corp. (TSXV: NXS) rose 17% to $0.14 as the gold explorer said it has received geochemical results from its initial exploration program at the Niangouela Gold Concession in Burkina Faso, West Africa. Sample results included a value of 23.9 g/t gold, with another at 2,950 g/t gold.

Finally, PyroGenesis Canada Inc. (TSXV: PYR) shares have gained about 14% over the past two days after the manufacturer of plasma waste-to-energy systems and plasma torch products announced that it has now signed two additional contracts totaling approximately US$1.2 million. As of June 30, 2016, total military contracts signed now exceed US$3.7 million, and both military contracts and non-military contracts now exceed C$13 million.

To view further details, please visit the Company’s website at http://www.pyrogenesis.com

PyroGenesis Canada Inc. is a featured sponsored company and has paid SmallCapPower.com a fee for coverage. To learn more, see our full disclosure HERE >>

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


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.