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Microcap Report: West Kirkland (V.WKM) rallies, Golden Hope (V.GNH) up 20%

Stockhouse Editorial
0 Comments| February 24, 2014

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(/www.stockhouse.com/companies/quote/v.wkm/west-kirkland-mining-inc" target="_blank">TSX: V.WKM, Stock Forum) jumped 9% to 24 cents after the company said Monday a National Instrument 43-101-compliant updated mineral resource estimate has been completed for the Hasbrouck and Three Hills properties located near Tonopah, Nevada.

The Three Hills deposit is located five miles to the North of the Hasbrouck deposit, /www.stockhouse.com/news/press-releases/2014/02/24/west-kirkland-reports-increased-and-upgraded-resources-at-hasbrouck-and-three" target="_blank">the company said in a press release.

Golden Hope Mines Ltd. (
TSX:V.GNH, Stock Forum) rose 20% to 3 cents after the company said it will work with another Montreal junior to build a producing mine at the Bellechasse-Timmins gold deposit in Quebec's Beauce region.

Uragold Bay Resources Inc. (TSX:V.UBR, Stock Forum) will be able to earn up to a 50 per cent interest in the project under a letter of intent signed with Golden Hope.

BRB will be responsible for obtaining all required permits, approvals and documentation associated with going into production, in return for a 30% stake in Bellechasse-Timmins, Golden Hope said in a press release. Urubay rose 25% to $0.05.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Petromanas Energy Inc. (V.PMI, Stock Forum) 32.14%
Geomega Resources Inc. (V.GMA, Stock Forum) 23.19%
Veris Gold Corp. (T.VG, Stock Forum) 22.58%
Falco Pacific Resource Group Inc. (V.FPC, Stock Forum) 18.57%
Ballard Power Systems Inc. (T.BLD, Stock Forum) 15.19%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Great Quest Metals Ltd. (V.GQ, Stock Forum) -18.52%
Gran Colombia Gold Corp. (T.GCM, Stock Forum) -17.52%
Horizons BetaPro NYMEX Natural Gas Bull Plus ETF (T.HNU, Stock Forum) -11.65%
Western Potash Corp. (T.WPX, Stock Forum) -11.54%
Dynacor Gold Mines Inc. (T.DNG, Stock Forum) -9.83%


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