Cesium Stock +56% on Agnico Deal, US Fluorspar Producer Powers Up, 2 Stocks Crash on Financing News

**SPEAKER_1** (0:02)
All right, how's it going, everybody? Week 30 just ended, and I am here to, well, annoy you, at least a little bit, but also give you a quick overview of the junior mining stocks listed on Canadian exchanges. They're moving this week. The best performers and the worst performers. And maybe, just maybe, try to make a couple of jokes, even though everyone's telling me, hey, cut it with the jokes, just move on with the content. For the nine of you who actually still enjoy them, I've got you back. All in all, a pretty good week this week, actually. The GDX is up close to 6%. GDXJ is 6.5%. SIL 5.2%. SILJ 4.7%. CopX 5.5%. CopJ 3.2%.
Everything seems to be kind of in agreement. A lot of stocks did well. Gold's above $4,000 steadily. It's up a percent on the week. Silver's up 4% this week, but it's still below the $60 line at $58. And copper's up 1.2% to $6.30 a pound. Just like before, this video is made possible by mininghub.com, both financially as well as technologically, as that's where I'm getting the list of these movers that I'll go through. And you don't have to listen to me, actually. You can just make a free account on there and get the list of the top five, 10 or up to 20 movers and use your own parameters and filters. And they also offer a free daily newsletter for both Canada and Australia. So you're up to date with what's moving in Junior Mining. What the list is showing me as the best performance this week are Grid Metals up 56% because of Agnico Eagle subsidiary paying $3.75 million for a 15% stake in their Seizing Project in Manitoba. Ares Strategic Mining, that's ARS on the CSE, is up over 28% because they powered up their Fluos Power Lumps plant in Utah. Metallic Minerals Corp, that's MMG on the TSX-V is up 28% because Newmont exercised its rights to buy more shares and keep their stake at 9.2%. That's happening in the back of a $10 million financing that closed last month to advance their Silver and PG project in Colorado. Green Bridge Metals, that's GRBM on the CSE, is the worst performance this week. It's down 30% as they announced a $5 million financing at a steep discount, heavy-worn overhang while still waiting to start drilling at their project in Minnesota. GPM Metals, that's GPM on the venture, is not far from that either. It's down 29.6%, but it was driven by drill results. It's the first drill results from their project in Australia's Northern Territory and the only hit weak distal mineralization. Then American Critical Minerals, that's KCLI on the CSE, is down almost 17% this week. Also on Financing News, raising $2 million at a discount, a three-year full warrant right before drilling their Potash Lithium project in Utah. Now, I want to try to break down these things to the best of my abilities. I'll say a few words about questions that I would ask management if I were talking to them right now. By the way, if any of those questions hurt your feelings or they hurt your thesis, just maybe there might be something wrong with your thesis. Either way though, you can always send me an email on antonio at resourcetalks.com and connect me with management if you'd like to see them on the CEO BBQ. Anyways, Grid Metals Corp was the best performer this week. They've got a high-grade Cesium system that's attracted the attention of Agnico and the stock is up almost 56 percent now to a market cap of $32 million, about $270,000 worth of volume, which doesn't sound like a lot for a week's worth of trading, but need I remind you, this is two-year trading against cough, cough, wink, wink. Jokes aside, it's almost five times its normal volume because on Monday, they closed that definitive joint venture agreement with Avenir Metals. Avenir is a subsidiary of Agnico Eagle.
Agnico is going to pay $3.75 million cash for an immediate 15 percent interest where Grid's going to retain 85 percent of the project and they're going to operate the project as well. But Agnico can increase to 30 percent ownership post-PEA or mine plan and they also hold an option to top up to 19.99 percent on the equity level after the first NI 43.101 resource. Now, if I were talking to management right now, I would ask them obviously for more details on the earn-in schedule and the minimum work commitment that Agnico is required to fund in the first 24 months because the soft commitment structure would allow Agnico to walk after the initial $3.75 million without advancing the project.