UK small caps were heading lower on Tuesday, along with bigger Footsie, but smaller resource shares were doing well.
Vast Resources PLC (LON:VAST) was London's top gainer - up over 53% at 0.38p - as it declined a second payment under a financing agreed earlier this year due to the potential dilution for shareholders.
Also in the frame was North River Resources (LON:NRRP), the Namibia focused explorer, up 22.5% to 0.12p and Keras Resources (LON: KRS) added 12.9% to 1.75p. Russian Far east focused Amur Minerals Corp (LON:AMC) also added 6.47% to 6.5p after a sizeable resource upgrade for its Kun-Manie project.
A notable gainer was also coms specialist AdEPT Telecom PLC (LON:ADT) which added almost 7% in early deals as it revealed earnings for the year just ended will exceed market expectations.
The final figures have yet to be totted up, but the firm said underlying earnings (EBITDA) for the year to 31 March 2016 are set to be around 33% higher year-on-year, slightly ahead of the 30% increase the market had been expecting.
Turnover should also surprise to the upside, with the company flagging up a 30% year-on-year rise in the top line.
On the downside Blinkx (LON:BLNX), which specialises in video search, was not cheering the market, with shares shedding almost 16.5% to 17.75p as it issued a trading update.
The company is on course to have generated US$165-170mln of revenues in the 12 months to December and adjusted EBITDA of US$10-11mln. It is sitting on cash of around US$76mln.
Landore Resources (LON:LND), whose shares tripled yeserday after confirming a significant gold find in Ontario, came down to earth a tad - down 12.7% to 2.75p each.
In the markets, FTSE AIM 100 eased 0.29% to stand at 3,339, while the FTSE AIM All share lost 0.17% to 711.050.,
FTSE100 was down 73 at the time of writing at 6,091, with conversely miners the big laggards. Glencore (LON:GLEN) led the pack lower, down 4.84% to 142.55p.
It comes after weak finished in Asia and the US overnight and the US oil price declining 0.92% to US$35.38 a barrel.