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MicroCap Report: Luna Gold (V.LGC) shines, NioCorp (V.NB) falls

Stockhouse Editorial
0 Comments| February 23, 2016

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Luna Gold (TSX: V.LGC, Forum) had a good run in the markets today based on no material news. The last release made by the company was back in November stating its financial results for Q3 2015 which noted that the company had a quarterly net loss of US$200,000.

According to that news release, gold production for the quarter came in at 9,872 ounces totalling a YTD figure of 41,492 ounces of gold. All-in cost for production during Q3 2015 was US$1,192 per ounce. Shares were up 61.11% to $0.145 per share.

NioCorp Developments (TSX: V.NB, Forum) sank on the boards today based on no material news. The last news released by the company was an announcement that it would expand its March 16, 2016 town hall meeting to allow citizens and investors to listen by phone.

According to that news release, residents of Elk Creek were encouraged to attend the meeting in person which was scheduled to be held at the Elk Creek Fire Hall. Shares slipped 19.32% to $0.71 per share.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Luna Gold Corp. (V.LGC, Stock Forum) 61.11%
Canasil Resources Inc. (V.CLZ, Stock Forum) 21.62%
Barkerville Gold Mines Ltd. (V.BGM, Stock Forum) 20.41%
Vista Gold Corp. (VGZ, Stock Forum) 18.29%
Pilot Gold Inc. (T.PLG, Stock Forum) 14.29%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
NioCorp Developments Ltd. (V.NB, Stock Forum) -19.32%
Pretium Resources Inc. (T.PVG, Stock Forum) -10.12%
Calfrac Well Services Ltd. (T.CFW, Stock Forum) -9.45%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -9.39%
Enerplus Corporation (T.ERF, Stock Forum) -9.05%



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