Dec 15 (Reuters) – Canada’s main stock index opened lower on Friday, with materials and energy stocks leading declines, though the index is eyeing weekly gains on rising hopes the U.S. Federal Reserve could cut borrowing costs next year.
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On the TSXV, it is quiet start except for usual current leaders BIG and NILI. Top volume leader is NCX North Isle Copper, $0.42 +0.065 on on 700K vol thus far. They recent announced drilling in Port Hardy, B.C. on Vancouver Island. On Tuesday they announced a drill hit of125 metres of 0.49% cu equivalent. They followed that up with a flow through financing at $0.475 just increased to $6.4 mill. Looks like a runner.
CSE is quiet, AIG, Genesis AI last at $0.205 up 0.02 on 182k volume.
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