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Microcap Report: Global Cobalt (V.GCO) active on Russia report

Stockhouse Editorial
0 Comments| July 2, 2014

Global Cobalt Corp. (TSX: V.GCO, Stock Forum) shares rose 11% to 10 cents Wednesday after the company released a 43-101 technical report for the Karakul Cobalt Project in Russia.

The Vancouver-based company said in a press release that it has surpassed historic tonnage numbers with consistent grades at Karakul, which is located in southeastern Russia about 5 kilometres from the Mongolian border. The company has said it hopes to benefit from the project’s proximity to China.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Hanwei Energy Services Corp. (T.HE, Stock Forum) 78.57%
Noront Resources Ltd. (V.NOT, Stock Forum) 14.58%
Ur-Energy Inc. (T.URE, Stock Forum) 12.40%
Paladin Energy Ltd (T.PDN, Stock Forum) 11.48%
Chinook Energy Inc. (T.CKE, Stock Forum) 11.26%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Timmins Gold Corp. (T.TMM, Stock Forum) -5.24%
Horizons BetaPro NYMEX Natural Gas Bull Plus ETF (T.HNU, Stock Forum) -4.50%
Continental Gold Limited (T.CNL, Stock Forum) -4.00%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (T.HOU, Stock Forum) -2.53%
Thompson Creek Metals Company Inc. (T.TCM, Stock Forum) -2.22%

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