Ashburton Ventures (V.ABR) up 8.3% on preparations for 2014 exploration season

Stockhouse Editorial
0 Comments| February 7, 2014


Stockhouse Canadian Small and Micro-cap Stock Report for Friday, February 7, 2014 VANCOUVER (SHfn) –

Oroco Resource Corp. (TSX: V.OCO, Stock Forum) soared 214.3% to 11 cents after the junior explorer announced that the Federal Tribunal of Mexico has granted the company's appeal of the decision of the lower Federal District Court and has ordered that all aspects of the 2011 Guerrero State Court auction of a 50% interest in the Celia Gene and a 100% interest in the Celia Generosa concessions (collectively, the "Camacho Interest") be set aside. 

Ashburton Ventures Inc. (TSX: V.ABR, Stock Forum) was up 8.3% to seven cents. The stock is reacting to news that Ashburton has begun preparations for its 2014 exploration season at the Spy and Ultra platinum group metal (PGM) claim groups, located in the Kluane Ultramafic Belt of southwestern Yukon.
 
Paladin Energy Ltd. (TSX: T.PDN, Stock Forum) rose 3.1% to 49.5 cents as investors assessed the news the uranium developer’s subsidiary company, Paladin (Africa) Limited (PAL), is suspending production at its Kayelekera mine in Malawi. The suspension will involve placing the operation on care and maintenance until the price of uranium recovers. 

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Oroco Resource Corp. (V.OCO, Stock Forum) 214.29%
SMART Technologies Inc. (T.SMA, Stock Forum) 30.94%
Argex Titanium Inc. (V.RGX, Stock Forum) 23.81%
Immunovaccine Inc. (V.IMV, Stock Forum) 17.71%
MBAC Fertilizer Corp. (T.MBC, Stock Forum) 15.46%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Titan Medical Inc. (V.TMD, Stock Forum) -18.71%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF. (T.HOD, Stock Forum) -4.26%
Horizons BetaPro S&P 500 Bear Plus ETF. (T.HSD, Stock Forum) -2.48%
COM DEV International Ltd. (T.CDV, Stock Forum) -2.20%
Nevsun Resources Ltd. (T.NSU, Stock Forum) -1.64%



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