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As ever, Renforth Resources (CNSX:RFR.CN) CEO Nicole Brewster’s newsletter is more entertaining and easier to understand than the press release it comments on. Which is the nature of resource press releases. They are “just the facts” about the work and the progress on a property. Nicole provides the flavour:
Tom Larsen and Dr Bill Pearson are very busy men. As CEO and Executive VP Exploration of Eloro Resources Ltd (ELO.V) respectively, these two are riding the tiger of the company’s massive Bolivian silver/tin/zinc/lead deposit at Iska, Iska plus gearing up to drill in Peru. But Larsen took the time to have a quick chat about his other company, Cartier Iron (CFE.CNX). (We’ll be speaking to Dr. Pearson when drill results come in.)
On September 14 Grid Metals (GRDM.V) put out a press release reporting drill results at its Mayville “Main Dyke” lithium pegmatite target located in the Bird River greenstone belt of southeastern Manitoba.
Excellent video outlining Black Mountain Gold’s Mohave Gold Project in Arizona.
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.
Eloro put out an exciting press release last week which, as Bob Moriarty puts it, “that clearly no one understood. The stock dropped by 10% over the next few days and is down about 30% from its all time high in February.”
Great article on Ventripoint Diagnostics Ltd. (VPT.V) over at The Deep Dive.
Gran Colombia (T.GCM) published its quarterly and annual update on its gold mining operations in Columbia.
When a junior exploration company sets out to explore an area it usually has a particular target but it can also find other prospective ground nearby. That’s what happened to Etruscus Resources (ETR.C) with its Rock and Roll project in BC’s Golden Triangle.
There are a lot of different ways for a company to make money in the junior mining space, for Peter Clausi, CEO of CBLT, it all comes down to acquiring prospective assets at good prices. So it was no surprise that CBLT announced February 8, 2021 that it was buying ground at Shatford Lake, located in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border.