On Monday, Canadian stock markets were closed for the Thanksgiving holiday.
In Tuesday trading, Orosur Mining (TSX: V.OMI, Stock Forum) shares climbed 19% to 75 cents after the micro cap gold producer/explorer reported first-quarter net income of US$3.51 million, or five cents a share, compared with a loss of $2.16 million, or four cents a share, during the same period last year. Production for the quarter was 12,937 ounces of gold, while cash costs per ounce of gold were $839 compared with $880 for the same quarter last year.
As well, shares of AIM Health Group (TSX: V.AHG, Stock Forum) shot up 29% to 18 cents as the health care company said it has signed a five-year agreement with Nightingale Informatix (TSX: V.NGH, Stock Forum), for Nightingale to provide AIM's family practice, walk-in and pain management clinics with Nightingale's enterprise EMR and practice management solution.
Wednesday’s market action saw shares of Pelangio Exploration (TSX: V.PX, Stock Forum) jump 17% to 75 cents after the micro cap explorer announced gold intersections in oxidized bedrock from the Pokukrom West area and the new discovery of a potential bulk tonnage zone at the Nfante East area of the Manfo Property in Ghana, which included 36.21 grams per tonne (g/t) gold over nine metres.
Also, shares of Alturas Minerals (TSX: V.ALT, Stock Forum) moved up 32% to 16.5 cents as the junior miner reported assay results from the first five diamond drill holes completed as part of the first phase drill program at its La Corina property in Chile, which included a section in one drill hole of 47.8 meters grading 0.90 g/t gold.
On Thursday, Energy Fuels (TSX: T.EFR, Stock Forum) shares surged 23% to 51 cents after the pending uranium producer said it has been awarded a Department of Energy (DOE) lease tract (SR-12) that was originally released for bid by DOE in the May, 2008 lease sale. This 641-acre lease, in western San Miguel County, Colorado (within the Uravan Mineral Belt), was originally won by another bidder who subsequently dropped the lease. It is contiguous with other properties held by Colorado Plateau Partners Joint Venture in which the company is partnered with Australian company Royal Resources. Based on pre-bid public information provided by DOE in February 2008, this tract contains about 156,000 lbs. of historical U3O-8 resource (not currently NI 43-101 compliant).
In addition, shares of Prophecy Resource(TSX: V.PCY, Stock Forum) gained 20% to 66 cents as the micro cap miner announced that an official government commission appointed by the Mongolian Ministry of Mineral Resources and Energy conducted the final permit inspection at its Ulaan Ovoo mine site on October 4, 2010. The permit inspection is the final step required for Prophecy to begin production operations at Ulaan Ovoo. During the October 4th visit, the commission, consisting of eight officials, drew satisfactory conclusions and Prophecy was instructed by the commission to begin coal production at the mine site and advised that receipt of the mine permit is imminent.
And, in Friday trading, Jourdan Resources (TSX: V.JOR, Stock Forum) shares climbed 13% to 13 cents after the micro cap explorer announced the discovery of new spodumene (lithium)-bearing intrusives during the 2010 exploration campaign at its 94 claims / 49.5 km2 Pivert-Stairs Rare Metals Property in the James Bay Mining District of northern Quebec. The main spodumene-bearing intrusive is at least 10 metres wide and has been uncovered over a 25 metres length.