• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    5 Top Weekly TSXV Stocks: Gold Results Boost Sokoman Iron

    Scott Tibballs
    Nov. 18, 2018 07:50PM PST
    Precious Metals
    Gold Investing

    The five top gainers last week on the TSXV were Sokoman Iron, LSC Lithium, Canada Carbon, Radisson Mining and Algold Resources.

    The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell marginally on Friday (November 16), losing 0,12 points, or a very slight 0.02 percent, to 624.22.

    In commodities, gold was up thanks to Brexit chaos, copper was all over the place, but trending upwards, and zinc finally caught a break and had a spike in value last week (though not by much).

    Global news was dominated by a surly Donald Trump making friends in Europe, a pile of resignations in Theresa May’s government and continued ramifications for Saudi Arabia’s botched assassination of a dissenting journalist. Meanwhile, EU markets are making deals elsewhere as the trade war bites.

    Below, INN takes a look at how junior miners were faring on the Toronto Venture Exchange in the swirling maelstrom of macro news. Here are the top five gainers of the week:

    • Sokoman Iron (TSXV:SIC)
    • LSC Lithium (TSXV:LSC)
    • Canada Carbon (TSXV:CCB)
    • Radisson Mining (TSXV:RDS)
    • Algold Resources (TSXV:ALG)

    Scroll down to read a little about what each company has been up to recently.

    Sokoman Iron

    Despite its name, Canadian mineral explorer Sokoman Iron is most focused on gold projects, with a number of mineral deposits in its portfolio in Newfoundland and Labrador.

    Its flagship, and key target project, is Moosehead, which was the subject of its most recent press release in early October (so awhile ago), but as of last Friday (November 16) the company has released results.

    In a press release, Sokoman Iron reported some drill results, of which one drill hole returned 24.90 m core length grading 33.56 grams per tonne of gold.

    On the Toronto Venture Exchange, the company’s 48.57 percent weekly gain was almost entirely the result of Friday’s activity. Sokoman was trading at C$0.260.

    LSC Lithium

    Argentina-focused Canadian company LSC Lithium maintains a hefty portfolio of lithium brine projects with land holdings over 300,000 hectares within the lithium triangle in South America.

    The company highlights the Pozuelos-Pastos Grandes project, Rio Grande and Salinas Grandes projects as its primary targets, with the first being the subject of a recent press release detailing exploration drill results.

    According to the company’s results, Lithium values show minimum of 434.4mg/l and maximum of 621.5mg/l, with an average of 582.2mg/l at drill hole PZ-18-02 at Pozuelos.

    In Toronto, LSC’s share price jumped to C$0.57 by Friday, an increase of 34.12 percent over the course of the week.

    Canada Carbon

    Canada Carbon is a graphite-focused exploration company with three strategic 100-percent owned properties in Quebec. The company is currently focused on the Miller project, which holds a rare form of hydrothermal lump-vein graphite.

    Last week, the company was all about legal news, reporting that on November 9, the company received a positive ruling from the Superior Court in St. Jerome, Quebec. The company is locked in a legal dispute with the municipality of Grenville-Sur-La-Rouge in the province over its graphite and marble project in the region.

    On the TSXV, Canada Carbon’s share value increased by 30.43 percent to C$0.150 by Friday.

    Radisson Resources

    Radisson is a Quebec-based gold exploration company with the O’Brien project as its flagship.

    According to Radisson, the project hosts the former O’Brien Mine, considered to have been the Abitibi Greenstone Belt’s highest-grade gold producer during its production run.

    The company’s most recent news was an appointment — another in a line of appointments and private placements. Gold continues to be of interest to investors so companies getting their ducks in a row are exciting to shareholders, with Radisson’s value increasing by 25 percent to C$0.125 over the week.

    Algold Resources

    Canadian gold explorer Algold Resources is focused on projects in West Africa, where it holds up its Tijirit project as its flagship.

    Algold’s last press release on its project was what had it appear on this list last month, and early in November the company announced it was issuing shares.

    On the TSXV, Algold’s share value increased by 25 percent to C$1 by Friday.

    Data for 5 Top TSXV Stocks articles is retrieved each Friday at 10:30 a.m. PST using tradingview.com. Only companies with a market capitalization greater than $10 million prior to the week’s gains are included. Companies within the basic materials and energy sectors are considered.

    Don’t forget to follow us @INN_Resource for real-time updates!

    Securities Disclosure: I, Scott Tibballs, hold no direct investment interest in any company mentioned in this article.

    Editorial Disclosure: Canada Carbon is a client of the Investing News Network. This article is not paid-for content.

    argentinaeuropelithium trianglenewfoundland and labradorlsc lithiumalgold resourcesdonald trumpgold investingpozuelos-pastos grandes
    The Conversation (0)
    Go Deeper
    AI Powered
    batteries

    5 Top Weekly TSX Stocks: Avalon Rises 45 Percent on Lithium Joint Venture

    gloved hand holding batteries

    5 Top Weekly TSXV Stocks: Ophir Jumps on Sample Results from Radis Lithium Project

    Latest News

    Pinnacle Increases Non-Brokered Private Placement

    Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    Quarterly Activities/Appendix 5B Cash Flow Report

    Music Well Heritage Protection Agreement Signed

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    LaFleur Minerals

     
    LFLR:CNX

    Pacgold

     
    PGO:AU

    Surface Metals

     
    SUR:CC

    Maritime Resources

     
    MAE:CC

    Triumph Gold

     
    TIG:CA

    Quimbaya Gold

     
    QIM:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×