Member ‘Brice’ (our June 2019 Stock Challenge Champion) is currently leading the May 2020 Stock Challenge with a return of 47.94%! His victory, however, is far from sealed — members ‘saiyamas’ and ‘Sailfish1’ are currently hot on his heels with returns of 44.52% and 43.18%, respectively. The next week’s Top 3 could look much different if RevoluGROUP Canada — a stock picked by both Brice and Sailfish1 — loses steam.
RevoluGROUP Canada Breaks Out While Talisker Resources Breaks Down
RevoluGROUP Canada
RevoluGROUP Canada soared 20.83% on Friday from C$0.36 to C$0.43, setting a new 52-week high in the process. RevoluGROUP also provided a recap and interim update to recent company news on the same day.
“. . .the company is pleased to inform shareholders that the trilateral communication between the: Central Bank, Hogan Lovells and, the wholly owned subsidiary RevoluPAY, has remained fluid . . . The company anticipates that the previously divulged approximate timelines revealed in the said news release should remain valid.”
Moreover,
“In reference to [RevoluGROUP’s news release dated April 28, 2020], the company is pleased to inform shareholders that it has made substantial progress with several pending Definitive Agreement parties and expects to provide shareholders with an update during the week of 11th to 15th May 20.”
Talisker Resources
Talisker Resources lost 13.51% on Friday, falling from C$0.37 to C$0.32. Earlier in the week, the company announced assay results for the second drill hole at the Bralorne Gold Project.
“Talisker is undertaking a 11,200m drill program targeting high-grade veins at the [Bralorne Gold] Project (see press release of February 12, 2020). Results from hole SB-2020-002 follow the announcement of 27.3 g/t Au over 0.60 m in hole one (SB-2020-001) on April 1, 2020 . . . Additional results from the remaining three drilled in the first quarter will be released when received.”
