As another trading week begins it is time for investors to take stock of the situation in the market and start looking into stocks that could be on the move this week. It’s impossible to make any kind of prediction, however, at the same time, investors need to be aware of the stock that may be in focus. This past Friday Infinity Stone Ventures Corp(CSE:GEMS) (OTC:TLOOF) had come into the news cycle after it had made an announcement regarding an update about the soil sampling program at the company’s Zen-Whoberi property. It was a major new announcement and that was not the only update from Infinity Stone. The company also announced that it had made Case Lewis, who is a P. Geo, the new independent director.
The updates were provided from the soil geochemical survey that had been conducted at the aforementioned property. The survey in question was made up of as many as 950 samples and it had been revealed that there were a pair of new anomalous copper zones as well as two new anomalous nickel-cobalt zones. It was further revealed in the update that the cobalt zone was located around 800 meters to the northern direction of the zone which is regarded as that of known mineralization.
An announcement of such a nature can often prove to be a major new positive for a company like Infinity Stone and it is going to be interesting to see if the announcement leads to any major move in the stock this week or not. It is quite likely that the latest announcement may bring the stock into significant focus among investors today. It was also noted that the new trails found on the property could help considerably with the activities related to stripping and blasting. It may be a good time to start tracking the Infinity Stone stock.