Things are really starting to heat up with the US election result around the corner.
The race is getting closer and closer!
Today, Peak's portfolio company ASX:SBR announced that an Aircore drilling program is scheduled to commence at the Bonanza Project in mid-November.
The Company has been awaiting approval to drill and this has now been obtained.
The stock rocketed up 42.86% and finished today's trading at $0.010.
In other news…
D.C. voted to decriminalize certain psychedelics, and Oregon voted to legalize psilocybin mushrooms for therapy, making them available to adults under medical supervision.
This bodes well for Peak's portfolio company GSTR.
This Afternoon, the Australian market ended on a softer note as the US election headed to the wire. The ASX ended down 0.1 per cent, or 4 points, at 6062.10.
Tech stocks got a lift from a rally in Nasdaq futures as investors welcomed the idea that the election may not result in a clean sweep for the Democrats.
Xero rose 3.4 per cent, Afterpay lifted 1.6 per cent and Appen jumped 4.3 per cent. Nanosonics rallied 12.5 per cent after telling shareholders that sales had rebounded strongly.
But banks were under pressure a day after the Reserve Bank of Australia unveiled a suite of policy measures to lower interest rates and bolster the economy.
Commonwealth Bank, down 2 per cent, and Westpac, also down 2 per cent, said they would pas on the RBA rate cuts to customers.