Here To Serve Holding Corp (OTCMKTS:HTSC) Stock Sees Bullish Action: Soars 26%

Here To Serve Holding Corp (OTCMKTS:HTSC) was up 26% after announcing that its wholly-owned Fortune Nickel and Gold Inc. subsidiary has been awarded exploration drilling licenses for the two projects in the Ottoway, Lennox, Beck, and Gowan townships in the popular Timmins Mining Camp, Ontario.

Market Stats

On Monday, HTSC stock surged 32% to $0.0632 with more than 424K shares, compared to its average volume of 83K shares. The stock moved within a range of $0.0482 – 0.0699 after opening trading at $0.0482.      

Fortune Nickel and Gold Attains Drilling Permits in the Timmins Area of Ontario

Fortune has over 10,000 acres of potential land, and the permits allow the Company to drill for targets such as a 27-foot core hole that yielded 1.2 percent copper and 3.5 percent nickel in a near-surface intersection. In addition, numerous historical and present nickel deposits and mines are in a few miles of Fortune’s sites, and countless more drilling targets on the projects have been located utilizing the most up-to-date geophysical, geological, and exploratory surveys and technology.

CEO Paul Riss said the Company has enjoyed operating in Ontario province and First Nations workers and their support for Fortune’s efforts to create jobs, commerce, and additional benefits in the Timmins region. he added that other battery metal and nickel mining firms are interested in their projects so in the coming HTSC is worth watching.

Key Quote

According to Paul Riss, CEO, “The Company enjoyed working with the Province of Ontario and First Nations personnel and their timely approval and support of Fortune’s efforts to develop jobs, commerce and other benefits in the Timmins area while concurrently creating wealth for our shareholders. Other nickel and battery metal mining companies have shown strong interest in our projects, particularly in view of nickel prices that remarkably increased by 250%, or up to $24 per pound during the past three weeks. Nickel from sulfide deposits in particular is becoming the heart of rapidly evolving batteries needed for electric cars and trucks. The nickel rush is here and Fortune is well-positioned to significantly participate in the battery metal sector.”

Traders Corner

HTSC stock is trading below the 20-Day and 50-Day Moving averages of $0.0744 and $0.0815 respectively. However, the stock is trading above the 200-Day moving average of $0.0631.