“Inflation” CPI up 9.1% – Watch These Exploration Plays

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These are a pair of stocks that could well be a part of the conversation among investors this morning owing to the latest events. Both these stocks had clocked strong gains yesterday and it might just be the right move to consider taking a closer look at these stocks this morning.

Renforth Resources Inc (OTCMKTS:RFHRF) – The first one that ought to go into your watch list is the Renforth Resources Inc stock, which came into focus in a big way among investors yesterday and ended up with gains of as much as 16.67% as a consequence. While there was no news about the company yesterday, it should be noted that Renforth Resources is part of the nickel industry that is worth as much as $34 billion.

On top of that, the nickel miner is also involved in providing critical supplies to the fast-growing lithium-ion battery space. The company has not been in the news this month at all but the last time it was in the news was back on June 23 and at the time it had made a major announcement. Renforth Resources announced at the time that it had been successful in recommencing operations at Surimeau.

In addition to that, it was also noted that the team of geologists at Renforth Resources is also going to work on the visual mineralization that had been encountered at the site back in May 2022. Investors could consider adding the stock to their watch lists at this point.

Houston Natural Resources Corp (OTCMKTS: HNRC) – The Houston Natural Resources Corp stock was one of the stronger movers last week after the company made a major new announcement with regards to its non-energy assets. The company announced that it was going to spin off those assets into a new subsidiary entity Worldwide Diversity Holdings Inc and also pay dividends from the same to Houston Natural Resources Corp shareholders.

American Manganese Inc (OTC:AMYZF) (AMY.V) – The company is planning to change its name to RecycLiCo Battery Materials Inc. The company is all set to announce the final decision at its upcoming annual general and special meeting of shareholders on July 8, 2022.

American Manganese Inc is regarded as a critical metals company that is involved in the upcycling and recycling of lithium-ion battery waste in order to turn the waste into cathode materials of high value. The company manages to do it through the RecyLiCo process.

Clifton Mining Company (OTCMKTS:CFTN) – There was no news about Clifton Mining Company on Tuesday but the company’s stock managed to make a big move nonetheless as it ended the day with gains of as much as 52.90%.

However, it ought to be noted that last week on July 6 the company provided an update with regards to its silver and gold production.

Clifton Mining Company announced that in the three-month period that ended on May 31, 2022, it had managed to produce as much as 765 ounces of gold and 767 ounces of silver from the leach pad.