Stockhouse Canadian Small and Micro-cap Stock Report for Tuesday, June 12, 2012
TORONTO (SHfn) – Anatolia Energy (TSX: V.AEE, Stock Forum) shares jumped 23% to 19 cents on volume of more than 4.9 million shares Tuesday after the oil and gas explorer/developer reported results of an independent, NI 51-101 compliant resource evaluation report, which identified a P50 gross best estimate of 11.6 billion barrels of original oil in place for its prospective Dadas Shale acreage in Turkey, in which the company holds a 50% interest.
As well, shares of Corvus Gold (TSX: T.KOR, Stock Forum) added 7% at $1.05 as the junior miner announced results from a series of large diameter diamond drill holes at its North Bullfrog Project in Nevada, which included 58 metres of 0.6 grams per tonne (g/t) gold.
Simba Energy (TSX: V.SMB, Stock Forum), meanwhile, reported a NI 51-101 resource assessment in respect to its 100% interest in the Production Sharing Contract for onshore Block 2A, Kenya, which showed a total gross risked mean prospective resources of 26.9MM boe. Simba Energy stock popped as much as 26% before closing down 5% to 20 cents on more than 7.4 million shares traded.
And, Lucara Diamond (TSX: T.LUC, Stock Forum) late Monday announced the sale of 26,196 carats of Karowe diamonds through its new online auction system. Of the 35 lots, 30 were sold for total revenue of $5.64 million at an average diamond value of $215/ct. Lucara Diamond shares slid 19% to 81 cents on Tuesday.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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