Both have doubled in the last in the last few days but just because a stock has doubled doesn’t mean you’ve missed your chance to go along for the ride.
First Energy Metals Ltd. (OTC: ASKDF) CSE: FE) has soared over 100% in the last 4 months.
The price continues to press higher, climbing toward the significant resistance zone at 0.18, if it close above 0.21 in the next few days, we believe that it will open the door to 1.00+ .
First Energy Metals Ltd. (OTC: ASKDF) CSE: FE) (“First Energy” or the “Company) just announced that it has entered into an option agreement to acquire a gold exploration property located in the Red Lake Mining District, Northwestern Ontario, Canada. The Property is comprised of 94 mining cell claims covering approximately 1,880 hectares land in Ball and Todd townships. Geologically, the area is underlain by the Red Lake greenstone belt of Ontario, an accumulation of Archean-age metavolcanic, metasedimentary, and intrusive rocks comprising a portion of the Uchi Sub-province of the Superior Province of the Canadian Shield.
GIGA Metals Corporation (OTC: HNCKF) popped 185.09% on Friday to close at 1.25 on heavy volume of 10,874,814 shares traded. The company provided an Update on Recent Trading Activity.
“Giga Metals has been mentioned in recent media articles as they pertain to ongoing efforts to advance the Turnagain deposit to commercialization,” said Martin Vydra, President. “What I can say is that there is no material announcement forthcoming and we will keep regulators and investors informed of any material changes that require disclosure in accordance with securities regulations.”
Mr. Vydra continued, “It is evident that interest in sustainable and carbon neutral nickel production is driving renewed interests in deposits such as Turnagain as the world will need significant nickel to meet future EV demand. Turnagain is one of a handful of deposits that could meet this future demand.”