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The bull and bear bronze statue stands outside the stock market, Deutsche Boerse AG, in Frankfurt, Germany. (Michael Probst/AP)
The bull and bear bronze statue stands outside the stock market, Deutsche Boerse AG, in Frankfurt, Germany. (Michael Probst/AP)

Midnight Trader

Today's small-cap stocks to watch Add to ...

Primero Mining Corp. (P-T), which fell 11 per cent on Friday announced today the discovery of a new high-grade vein in the West Block which has been named the Alexa vein. The discovery currently comprises 5 high-grade intercepts.

Canlan Ice Sports Corp. (ICE-T), which was down nearly 4 per cent on Friday announced today that it is expanding its Canadian operations with the addition of Canlan Sportsplex - Mississauga. The multi-sports complex is a new, 55,000 square foot indoor sports complex to be located in Mississauga, Ontario.

Castillian Resources Corp. (CT-X) today reported final results from its 4,316 metre diamond drilling program in the company's 2012 exploration program at the Hope Brook Gold Project. CEO Bill Pearson said "These new results continue to confirm that significant pillars remain in the former mine and that there is potential for a significant remaining footwall mineralized zone."

Prophecy Platinum Corp. (NKL-X), which lost nearly 12 per cent on Friday announced today that the board of directors has appointed John Lee as interim CEO of Prophecy Platinum while it continues to seek a qualified candidate for permanent placement.

Scorpio Gold Corporation (SGN-X) which rose almost 3 per cent on Friday announced today the initial drill results from its 2012 drilling program on the Oromonte Zone at the Mineral Ridge project. The company said all 4 holes intersected mineralization, and the zone remains open in both east and west directions as well as along strike to the north.

Guyana Goldfields Inc. (GUY-T) reported an updated mineral resource statement for its 100 per cent-owned Aurora Gold Project in Guyana, South America. Highlights: 78 per cent of all mineral resources are in the measured and indicated category (6.54 million gold ounces) and 22 per cent are in the inferred category (1.82 million gold ounces); 27 per cent increase in open pit measured and indicated mineral resources from 2.18 to 2.76 million gold ounces.

Premier Gold Mines Ltd (PG-T), which fell more than 5 per cent on Friday, announced the signing of a definitive purchase agreement regarding the purchase by its wholly-owned subsidiary, Premier Royalty Corporation, of a 1 per cent net smelter return royalty on certain mining claims which comprise the Thunder Creek Deposit of the Timmins West Mine and ancillary lands, operated by Lake Shore Gold Corp (LSG-T).

Goldgroup Mining Inc. (GGA-T) announced final assay results from the completed underground tunnel development at the company's 100 per cent-owned Caballo Blanco gold project in Veracruz, Mexico. Both the recently completed main tunnel and crosscut tunnel west of the main tunnel encountered mineralized, massive and brecciated massive silica. Assay results from the channel sampling in the main tunnel returned 24.2 metres of 1.09 g/t gold and the crosscut tunnel returned 19.35 metres of 1.48 g/t gold.

Softrock Minerals Ltd (SFT-X), which is trading at year lows, announced that during the last week the Alberta Government issued the company four more metallic and industrial permits to bring the total now held by Softrock to 14 totalling 127,513 hectares equivalent to 315,085 acres. Destiny Media Technologies (DSY-X) announced a series of steps have been taken to protect the intellectual property behind its new Clipstream G2 (second generation) streaming format.

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