Primary Petroleum (V.PIE) soars 138.89% on change of business plan, merger

Stockhouse Editorial
0 Comments| January 23, 2014


Stockhouse Canadian Small and Micro-cap Stock Report for Thursday, Janurary 23rd, 2014 

TORONTO (SHfn) –  Primary Petroleum Corp. (TSX: V.PIE, Stock Forum) shares soared by 138.89% to 21.5 cents Thursday as trading resumed following more details of a proposed amalgamation Keek Inc. that constitutes a reverse takeover and a change of business for Primary, which plans to carry on business as Keek. Founded in 2010, Keek is a global interactive video content network, enabled over the Internet and mobile devices. Keek’s interactive video content network is distinguished by its simplicity: videos are limited to 36 seconds and 111 characters of accompanying text.
 
Wellgreen Platinum Ltd. (TSX: V.WG, Stock Forum) rose 16.3% to $1 as investors reacted to news of a positive report from analysts at Fincom Investment Partners. The Vancouver-based company is engaged in the acquisition and development of platinum group metals projects. The report said Wellgreen possessed the best risk vs reward in the platinum/palladium sector.

Metanor Resources Inc. (TSX: V.MTO, Stock Forum) jumped 2.8% to 18 cents after the company announced more results from development and the underground drilling program at its Bachelor mine, where the company aims to extend the known mineralized zones and increase mineral resources.

The Bachelor property is located in the Le Sueur Twp., approximately 225 kilometres northeast of Val d’Or, Quebec.
Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Primary Petroleum Corporation (V.PIE, Stock Forum) 138.89%
Huldra Silver Inc. (V.HDA, Stock Forum) 81.82%
Microbix Biosystems Inc. (T.MBX, Stock Forum) 48.48%
Excelsior Mining Corp. (V.MIN, Stock Forum) 24.32%
Spectral Diagnostics Inc. (T.SDI, Stock Forum) 19.64%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Americas Petrogas Inc. (V.BOE, Stock Forum) -8.02%
Pilot Gold Inc. (T.PLG, Stock Forum) -8.00%
Madalena Energy Inc. (V.MVN, Stock Forum) -7.04%
Horizons BetaPro S&P\/TSX Global Gold Bear Plus ETF (T.HGD, Stock Forum) -6.52%
Copper Mountain Mining Corporation (T.CUM, Stock Forum) -5.75%


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