Stockhouse Canadian Small and Micro-cap Stock Report for Tuesday, February 11, 2014 VANCOUVER (SHfn) –
Integra Gold Corp. (
TSX: V.ICG,
Stock Forum) was up 37.5% to 33 cents. The stock is reacting to news of the exploration stage company’s
drilling results from its fall/winter 2013 Parallel zone drill program at the Lamaque gold project located in Val-d'Or, Québec. Highlights included over 2.0 metres of 13.06 grams per tonne gold, 1.10 metres grading 41.83 grams per tonne gold and 1.0 metre at 71.47 grams per tonne gold.
Black Iron Inc. (
TSX: T.BKI,
Stock Forum) climbed11.4% to 19.5 cents as investors assessed the news that Shymanivske Steel LLC, an indirect, wholly-owned subsidiary of Black Iron, has
executed protocol of intent agreements with several service providers in Ukraine for access to process, potable water supply and water process, public road usage, emergency and telecom services to Black Iron's Shymanivske iron ore project located near Kryvyi Rih, Ukraine.
POET Technologies Inc. (
TSX: V.PTK,
Stock Forum) up 1.3% to 80 cents after announcing changes in
executive leadership. The company also announced that it has entered into a term sheet with the University of Connecticut to restructure its license agreement of April 8, 2003. The parties confirmed that the licenses granted pursuant to the license agreement are in full force and are irrevocable.
Petrolia Inc. (
TSX: V.PEA,
Stock Forum) gained 5.5% to 77cents after the junior oil and gas explorer welcomed the decision rendered today by the Superior Court
invalidating a municipal by-law adopted by the Municipality of Gaspé. This by-law, which was adopted on Dec. 22, 2012, aimed to establish a minimum distance between drilling and drinking water sources on its territory. The judgment confirms the primacy of the Government of Québec's jurisdiction over natural resource exploration regulation.
Canada Strategic Metals Inc. (
TSX: V.CJC,
Stock Forum) rose 5.0% to 10.5 cents before closing unchanged at 10 cents after the exploration-stage company announced results from two more
drill holes from the recent drilling campaign on the Sakami gold project, located in Quebec. These new results confirm the intersection of a wide gold-bearing zone at Sakami.
| Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern) |
| Integra Gold Corp. (V.ICG, Stock Forum) |
33.33% |
| Renegade Petroleum Ltd. (V.RPL, Stock Forum) |
31.00% |
| Gran Colombia Gold Corp. (T.GCM, Stock Forum) |
20.99% |
| Corvus Gold Inc. (T.KOR, Stock Forum) |
17.65% |
| ATAC Resources Ltd. (V.ATC, Stock Forum) |
17.58% |
| Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern) |
| Darwin Resources Corp. (V.DAR, Stock Forum) |
-50.00% |
| McCoy Corporation (T.MCB, Stock Forum) |
-15.97% |
| Alexco Resource Corp. (T.AXR, Stock Forum) |
-13.66% |
| Alexander Energy Ltd. (V.ALX, Stock Forum) |
-11.27% |
| Horizons BetaPro S&P\/TSX Global Gold Bear Plus ETF (T.HGD, Stock Forum) |
-6.02% |