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February 20, 2013 06:17 pm
This as trading resumes in exploration junior that is the target of a takeover bid by a Singapore-based company.
Stockhouse Canadian Small and Micro-cap Stock Report for Wednesday, Feb. 20, 2013 TORONTO (SHfn) –
TomaGold Corp. (TSX: V.LOT, Stock Forum) soared 65.2% to 19 cents Wednesday after it and Quinto Real Capital Corp. (TSX: V.QIT, Stock Forum) tabled results from the first three holes of a 2,500-metre drill program at the Monster Lake property southwest of Chibougamau, Que. Highlights from three high-grade gold intersections include 42 grams per tonne across 7.2 metres at a vertical depth of 278 metres. “This major discovery will take our assessment to a whole new level at Monster Lake, which has never been drilled to a depth of more than 125 metres,’’ said TomaGold President and CEO David Gordon.
Quinto Real Capital was up 462% to 22.5 cents on the news, after 436,000 shares changed hands. The company has an option to acquire a 70% interest in the Monster Lake property.
Read more at http://www.stockhouse.com/news/communitynewsdetail.aspx?aliaspath=/community-news/2013/feb/20/junior-miner-soars-on-discovery-news#9OQ3JzK4q1QuYZM9.99