Resource stocks head north as Ascent Resources PLC takes podium again
Small cap shares, notably resource stocks, along with Footsie were making ground at the open.
Company
LON:GLR
Galileo Resources PLC is an opportunity-driven company whose model is to acquire large databases generated by major companies and abandoned for strategic, corporate, technical and other reasons which do not necessarily reflect the potential value of the project. The company has a strong management team who have succeeded in discovering, evaluating and advancing mining projects.
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Small cap shares, notably resource stocks, along with Footsie were making ground at the open.
The remodelling, by Minxcon and the first stage of an agreed work programme at the licence, indicated grades were similar to large copper open pits being mined globally.
Galileo Resources has gold in Nevada and copper in South Africa, and a management team with a track record of success
Major share price risers and fallers in London at 4.30pm
Archive
As the sound of sleigh bells can be heard and the year draws to a close we highlight some stocks to watch in 2016.
Update: Comment added on Bezant and Galileo.
Investments and investor services
Here we take our daily look at the small cap news highlights of the trading day
Galileo is to earn-in 51% of the Concordia project in the north Cape province by spending 10mln rand
Archive
Early stage gold-copper mine development in a low risk location
Archive
Resource exploration plays are off the radar for many investors at the moment.
Investments and investor services
On a quiet news day for the large and mid-caps it was left to the minnows to provide the excitement; step forward Rare Earth Minerals and Bacanora Minerals.
This is the second extension granted to the company's joint-venture partner.
Investments and investor services
Footsie breaks through 6,700 barrier as oil prices rise
Investments and investor services
Chinese service sector racked up its quickest growth in 11 months
Investments and investor services
Tern said the value of its portfolio has risen more than four-fold over the past 12 months.
Rio Tinto led the advance ahead of results due out tomorrow