Silver Junior Moves Higher On Assay Results


Mexican drill results attracted a few speculators to shares of a silver junior Thursday. Here’s some small stocks making big moves yesterday:

Kootenay Silver Inc (TSXV:) shares gained 5% to $0.23 on Thursday after the silver junior announced assay results from six core drill holes recently completed on the E and J Veins at its Columba silver project in Mexico, which included 721 g/t silver over four metres and 415 g/t silver over 11.5 metres.

As well, shares of Gitennes Exploration Inc (TSXV:) sank 57% to $0.015 as the gold explorer said it has received results from the recently-completed 2,000-metre Phase III diamond drilling on its Snowbird Gold Project in British Columbia, which included 19.3 g/t gold and 33.5 g/t silver over 0.6 metres.

The Becker Milk Co Ltd (TSX:), meanwhile, reported that it plans to pay a special dividend of $2 per share on Jan. 20, 2020, to those shareholders of record as of Dec. 30, 2019. The Becker Milk Company stock moved up 11% to $15.40 following the announcement.

Finally, 48North Cannabis Corp (TSXV:) shares rose 5% to $0.35 after the Canadian cannabis company announced that third-party laboratory testing has confirmed its first outdoor harvest yielded high-quality, high-THC and CBD cannabis.

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Source: Canada

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