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Microcap Report: Geodex Minerals (V.GXM), Sirona Biochem (V.SBM) active

Stockhouse Editorial
0 Comments| July 31, 2014

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Geodex Minerals (TSX:V.GXM, Stock Forum) soared 117% to 6.5 cents in active trading Thursday after the company said it has received antimony and gold assays for initial rock samples collected at the West Gore antimony-gold project located in west-central Nova Scotia approximately 50 kilometres northwest of Halifax.

According to the news release, the company collected rock grab samples from their recently acquired project on an initial one-day visit in early July.

Sirona Biochem (TSX:V.SBM, Stock Forum) jumped 18.2% to 13 cents. The company pushed its joint venture with Bloom Burton & Co within the framework of developing treatments for rare inflammatory and infectious diseases when it announced Thursday that it had successfully synthesized the first batch of an anti-inflammatory compound.

According to the news release, the companies joined forces to identify and design a library of compounds to address the unmet market needs in the areas of rare inflammatory diseases and bacterial resistance which when combined total almost $2.0 billion US worldwide each year.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Geodex Minerals Ltd. (V.GXM, Stock Forum) 116.67%
Elkwater Resources Ltd. (V.ELW, Stock Forum) 17.14%
Uni-Select Inc. (T.UNS, Stock Forum) 9.53%
Patient Home Monitoring Corp. (V.PHM, Stock Forum) 6.06%
PHX Energy Services Corp. (T.PHX, Stock Forum) 4.28%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Kerr Mines Inc. (T.KER, Stock Forum) -92.00%
RDX Technologies Corporation (V.RDX, Stock Forum) -23.21%
Teranga Gold Corporation (T.TGZ, Stock Forum) -15.12%
Horizons BetaPro S&P 500 VIX Short-Term Futures Inverse ETF (T.HVI, Stock Forum) -8.57%
Dundee Precious Metals Inc. (T.DPM, Stock Forum) -6.17%


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