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Bentonstockson Aug 14, 2007 7:24pm
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Junior Miner Jumps on Moly Results
Junior Miner Jumps on Moly ResultsWe made the Stockhouse 'front page', for whatever that's worth...
Junior Miner Jumps on Moly Results
Tuesday, August 14, 2007
By Sean Mason
StockHouse Canadian Small and Micro-cap Stock Report for Tuesday, August 14, 2007
TORONTO (SHfn) - Molybdenum news was one of the few bright spots in a bleak junior market Tuesday, while increased production boosted a small energy stock.
Leeward Capital (TSX: V.LWC, BullBoards) shares shot up as much as 20% to 30 cents on Tuesday after the micro-cap explorer reported additional results from its Nithi Mountain Moly Project, which management believes establishes a broad area of porphyry moly mineralization suitable for mining by open pit methods on Nithi Mountain. Its stock, however, closed unchanged at 25 cents.