Yesterday, the trophy hunting on Golden Predator Corp. (CVE:GPD), (PINK:GPRXF) stock reached its next culmination.
On two hunting grounds, investors continued the started last month hunting for the flourishing and running up Golden Predator Corp. shares.
Due to the pending news related to the results from the company’s initial drill program at the Carlos Zone Grew Creek project, the trading of GPD shares on the Toronto Stock Exchange was halted yesterday by the Investment Industry Regulatory Organization of Canada (IIROC).
Even this measure was not able to convince investors to stop the started combat. The opening price of Golden Predator stock was 20.63% higher than the closing market price on Friday.
In a fourteen times the average for the company volume traded, GPD closed at $0.70 per share, adding 11.11% in value between the sessions.
On the second hunting ground, the American Grey OTC market, GPRXF stock was also eagerly demanded. The bids on GPRXF resulted in a 16.28% share price increase.
The huge stock rush was a consequent investor reaction to the latest positive developments of the company. The shares became a real trophy.
At the beginning of last month, the company released the initial results from its diamond and reverse circulation drilling programs on its Clear Creek Project. The news resulted not only in a GPD stock stir, but also in a new 52-week high for the share price.[BANNER]
Up to yesterday, Golden Predator Corp. was not just reminding investors about its “Leading the Yukon’s next gold rush” slogan. The company was releasing updates on its projects related to gold intercepts. Yesterday, the information that silver assays are pending was also added to these updates.
It looks like though the slight pull back of Golden Predator Corp. stock in the last trading session, the bullish investor mood about the golden trophy will be sustained if not in a short, then in a mid-term time frame.
