There are not a lot of junior exploration companies which have survived for 25 years. Grid Metals (GRDM.V) has, and Robin Dunbar, CEO and President of Grid was happy to speak about the company’s history and prospects in a phone interview.
Gran Colombia Gold (GCM.T) is going big, Executive Chairman Serafino Iacono told me over the phone. “We mine gold in Colombia, but our operations have expanded. As well as gold in Colombia, we are recovering silver, and will have a new plant coming online which will process our tailings and extract lead and zinc as well. Then we have acquired the Toroparu gold and copper property in Guyana, which has almost 11 million ounces of gold and significant copper. So now we are adding diversification with polymetallic and multi-jurisdictional.”
“We have too much geology for our geologists,” Francois Perron, CEO of Lucky Minerals (LKY.V) told me in a telephone interview. It is a problem many junior exploration companies would like to have. Having 12 contiguous exploration concessions covering 550 Km2 means there is a lot of ground to cover. So much ground that Lucky Minerals has only been able to focus on a few “hot spots” on its Fortuna property in Ecuador.
Lexaria delisted on the Canadian Stock Exchange and retained its listing on NASDAQ where traders and algos have had two runs at the share price. The company is looking at trading records however, having 53.5 million shares trade when there are only 5.1 million shares outstanding suggests some trading shenanigans.
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