Yesterday, Alexis Minerals Corporation (TSE:AMC), (PINK:AXSMF) stock entered the list of the most actively traded companies on the Toronto Stock Exchange.
Looks like as opposed to the last huge speculative AMC stock stir from this September, this time the demand for the shares is based also on the company’s developments.
Three months ago, Alexis Minerals Corporation advised investors that it had no knowledge of any reasons that may have caused the significantly higher than the normal trading of its stock for a period of one week.
At that time, after forming the Doji of investor uncertainty on its price chart, AMC broke up and surged extremely up. One of the evident possible reasons for AMC stir was the rumor that the feasibility study for the company’s Snow Lake, Manitoba gold project receipt was forthcoming.
Not the above mentioned report, but the recent presentation on the status of AMC’s resources, reserves and objectives is attracting the attention of investors on the company’s corporate website these days. The other source of information that investors possibly took in mind is the Alexis Minerals Corp. stock report, prepared by Standard & Poor’s and as stated there “issued by Standard & Poor’s or one of its affiliates”.
This week, in addition to the reports, the company released two more good news. One was its option agreement to acquire a 100% interest in 33 mineral claims in the Herblet Lake area of Manitoba.[BANNER]
The second positive message from Alexis Minerals Corporation was the released update on the company’s drilling program.
Yesterday, AMC closed the market at $0.195 per share, adding 11.43% in value. Though the fact that the price of AMC stock is far away from its 52-week high, the huge buyers’ pressure shows that maybe a new AMC momentum is coming.
Maybe this time the small Doji on AMC price chart from this Wednesday and the heavy trading volume of more than 7.3 million shares from yesterday show that the upward direction results not only from speculative interest, but also from the company’s news.
