My oh my, what a turn the December 2019 Stock Challenge has taken!
First place member ‘Robert Kellermann’ is now up a stunning 95.12% for the month — eclipsing second place member ‘AntiGravity’ (50.25%) and third place member ‘mountainpose1’ (45.09%). While first place (and the one ounce gold maple leaf coin) seems spoken for at the moment, the same can’t be said for fourth place — both ‘LDL55’ (36.36%) and ‘hotdogger49‘ (31.4%) are hot on the trail of current fourth place member ‘You can’t eat silver’ (36.87%). Who would have thought that this month’s competition would have been so stiff for the fourth place bonus prize?
Cassava Sciences Breaks Out While BTU Metals Breaks Down
Cassava Sciences, Inc., a clinical-stage biopharmaceutical company focused on neuroscience, rose 18.42% from C$1.90 to C$2.25 today. The company last announced additional clinical from a Phase 2a study of PTI-125 — its investigational drug candidate for Alzheimer’s disease — on December 6, 2019.
Via Cassava Sciences,
“Today’s data milestone is exciting because it provides additional support for the clinical benefits of slowing down both neurodegeneration and neuroinflammation in patients with Alzheimer’s,” said Remi Barbier, President & CEO of Cassava Sciences. “We’re eager to gain more insight on the effects of PTI-125 in Alzheimer’s after we conclude, in 2020, an on-going Phase 2b study.”
Meanwhile, BTU Metals Corp., a Canadian-based junior exploration company with its flagship Dixie Halo project in Red Lake, Ontario, fell 14.52% today. The last announcement from the company was on December 16, 2019, when it announced drill core assay results from the company’s new TNT target.
Via BTU Metals,
“BTU CEO Paul Wood commented; “We are extremely pleased to announce the first assays from our new TNT target Cu-Au-Ag discovery. New VMS-type discoveries are very rare these days and our geological team found the TNT mineralization with the first diamond drilling completed on the target.”
Little Over One Week Left in this December’s Stock Challenge…
There’s only a handful of days left until we announce the winner of Stock Challenge’s biggest prize yet! Although Robert Kellermann seems poised to sweep take this month’s challenge, we wouldn’t be surprised if the competition narrows next week…
Merry Christmas, Stock Challengers! We’ll be sure to check back in with all of you at the end of next week. In the meanwhile, enjoy your time with friends and family, relax, and above all — be merry!