About: Smallcapcenter
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Gold takeover offer not applauded by everyone
Underworld Resources (TSX: V.UW) shares jumped sharply after it announced Kinross Gold (TSX: T.KGC) had made a friendly takeover bid for the company.
Initial drill results drive gains for gold explorer
On gold news, shares of Eagle Hill Exploration (TSX: V.EAG) surged 48% to 21.5 cents.
Energy explorer soars on shale gas flow
Questerre Energy (TSX: T.QEC) shares jumped 37% to $5.05 on Tuesday after the energy explorer/producer reported test results from the St. Edouard No. 1A horizontal well in the St. Lawrence Lowlands, Quebec. The horizontal well was successfully completed with eight stage fracture stimulations.
Strategic review sets oil and gas company alight
Iteration Energy (TSX: T.ITX) shares jetted 13% higher to $1.63 after it announced that it would conduct a review of strategic options, which is often used as shorthand when companies offer themselves for sale.
Biotech investors waiting for partnership announcements
Shares of PharmaGap (TSX: V.GAP) rallied 31% to 19 cents on Wednesday.
Ring of fire prospector shares surge
MacDonald Mines Exploration (TSX: V.BMK) shares jumped 17% to 23 cents on Thursday in a down market.
Junior mining stock pops on copper/gold purchase
Crazy Horse Resources (TSX: V.CZH) shares climbed 36% to 51 cents on Friday after the micro cap miner said it has entered into a letter of intent with Asian Arc Minerals to purchase Asian Arc's 100% interest in two mining exploration permit applications covering the Kayapa Copper-Gold Porphyry Project in the Philippines
Junior miner jumps on gold drill results
Eagle Hill Exploration (TSX: V.EAG) shares surged 34% to 21.5 cents on Wednesday after the micro cap miner reported assay results from its initial splitting and assaying of up to 8,700 meters of previously drilled, but un-sampled, core from the Windfall Lake Property in Quebec, which included 5.95 grams per tonne (g/t) of gold over 21.35 meters.
Junior miner powers higher on gold results
Northern Gold Mining (TSX: V.NGM) shares climbed 45% to 27.5 cents on Friday after ValGold Resources (TSX: V.VAL) reported drill results for the first two holes of the 2009 program on its 100% owned Garrison property in northern Ontario.
