RE:RE:Snowline Spikes up!Today's Big Gainers:
KNC up 40.00% on 1.15M shares traded
NFLD up 31.58% on 190k shares traded
SGD up 11.40% on 194k shares traded
LAB up 9.68% on 147k shares traded
Only one of the above four companies put out a PR today (NFLD).
I believe speculation is the reason for all of the above today.
IMO, news that meets or exceeds market expectations (or a takeout announcement - which I doubt is in the cards for any of these companies anytime soon) is the only thing that will provide a sustained rise in the share price of junior gold exploration-stage companies.