Cobalt Explorer Moves Higher on Sample Results

CBLT Inc. (TSXV:CBLT), a cobalt explorer, rose after announcing grab sample results from its Copper Prince and Otto Lake Properties in northern Ontario

Sean Mason | January 9, 2018 | SmallCapPower

Grab sample results caught the attention of a few cobalt explorer speculators Tuesday. Here’s some small stocks making big moves on Tuesday, January 9, 2018 (as of 4 pm EST):

CBLT Inc. (TSXV:CBLT) shares gained as much as 7% on Tuesday after the cobalt explorer announced grab sample results from its 100%-owned Copper Prince and Otto Lake Properties in northern Ontario, which included 3.43, 3.57, 6.58, and 27.84 g/t gold, and 1.15% copper.

As well, shares of Newstrike Resources Ltd. (TSXV:HIP) surged 37% to $2.95 as the marijuana producer said its wholly-owned subsidiary and licensed producer, Up Cannabis Inc., has received site plan approval from the Town of Lincoln, Ontario, for its automated greenhouse facility in the Niagara region, which is expected to double its capacity to approximately 320,000 sq. ft. of dedicated cannabis production space.

 

The Jenex Corporation (TSXV:JEN), meanwhile, reported that it has received results indicating effectiveness of its TherOZap technology in inhibiting the Zika virus. Jenex stock moved up 25% to $0.10 following the announcement.

Finally, Urbanimmersive Inc. (TSXV:UI) shares jumped 125% to $0.27 after the content marketing platform company for the real estate industry announced that it has converted its former 3D imaging servers that were previously used for 3D image rendering processes to cryptocurrency mining operations and that it is working on integrating Blockchain technology within its platform for image copyright registry and its credit-line solution.

CBLT Inc. (TSXV: CBLT) is a featured sponsored company and has paid SmallCapPower.com a fee for coverage. To learn more, see our full disclosure HERE >>

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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