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Strategies & Market Trends : Beat The Street With SI Traders

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From: Boolish9/18/2012 8:43:47 PM
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TORONTO (SHfn) – Goldstrike Resources ( TSX: V.GSR, Stock Forum) shares jumped 20% to 65 cents on volume of more than 1.8 million shares Tuesday after the micro cap explorer reported that it has traced gold mineralization on its Plateau South property in Yukon over a distance of 13 kilometres in a zone that remains open to the northwest. The company added that gold in new rock grab samples ranging from detection limit up to 280 grams per tonne (g/t) is believed to be associated with mapped regional scale folding and deformation.

As well, shares of Pacific Wildcat Resources ( TSX: V.PAW, Stock Forum) moved up 30% to 13 cents as the junior explorer said it has agreed to sell its Muiane tantalum mine in Mozambique to Muscadine Limited for a total consideration of US$3 million in cash as well as 8,872,727 PAW shares currently owned by Muscadine.

Read more at http://www.stockhouse.com/natural-resources-news/2012/Sept/18/Gold-junior-surges-on-grab-sample-results.aspx#r2LX4vfejIpH78HU.99
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