Leading the news this week is the revelation that cancer faker Belle Gibson worked the computers for a Brunswick, Melbourne, strip club in 2016 after her business was revealed to be based on a fraud.

She wasn’t a stripper, but was the organisational back bone behind the Australia Adult Industry Awards.

Also, someone has renamed all of the parks in a Perth suburb after characters from the US version of The Office.

Dwight Schrute park and Jim Halpert reserve are slightly to the south-east of Pam Beesly reserve in Port Kennedy, both of which come recommended with two five star Google reviews each.

In actual business news, have you seen the price of gold lately? It cracked $2000 an ounce today — a record — thanks to a “perfect storm of factors”.

Read on to find out where it’s going next (spoiler alert: probably up).

ASX small cap winners June 17-21

Orion Metals (ASX:ORM) dished a quarterly and an annual report this week which generated exactly zero chatter amongst the online forums but did create some buzz on the market, as the share price moved from an almost-rock bottom 0.8c to 0.2c.

The 150 per cent share price spike is all the more surprising given the company is not actually doing anything.

No “on ground exploration” is happening at any of its four tenements, but Orion is at least talking to the Kimberley Land Council and the Tjurabalan Native Title Land Aboriginal Corporation to start some work this year at the Tanami West rare earths and gold project.

The flavour of the week in marijuana was Botanix Pharma (ASX:BOT). It released research showing cannabis does in fact help with inflammation and can act as an antibiotic against the worst of the worst superbugs.

Neither of these are news to avid pot fans as cannabis is already hyped as a treatment for both (as well as almost every other ailment on the planet), but there is a dearth of data around the medicinal properties of the plant so this kind of research is pretty important.

If the gold price has spiked, the price of iron ore has been stronger for longer.

Yet Legacy Iron Ore’s (ASX:LCY) news this week, the piece that likely sent its shares up 67 per cent, was that the company has started drilling for nickel at its Mt Bevan iron ore project, so go figure.

Here are the best performing ASX small cap stocks for June 17-21:

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Ticker Name Price last Friday Price this Friday % change Market Cap
ORM ORION METALS LTD 0.008 0.020 150 $9,561,949
AHK ARK MINES LTD 0.007 0.013 86 $664,683
LCY LEGACY IRON ORE 0.003 0.005 67 $5,873,056
OKR OKAPI RESOURCES 0.100 0.165 65 $4,464,572
STN SATURN METALS LT 0.215 0.335 56 $20,683,930
CHK COHIBA MINERALS 0.009 0.014 56 $8,639,985
TOM TOMIZONE LTD 0.002 0.003 50 $1,275,602
TMX TERRAIN MINERALS 0.002 0.003 50 $1,931,196
RXH REWARDLE HOLDING 0.004 0.006 50 $3,157,929
RCP REDBANK COPPER L 0.010 0.014 40 $1,637,606
BOT BOTANIX PHARMACE 0.130 0.180 39 $158,491,280
EQE EQUUS MINING LTD 0.008 0.011 38 $9,870,045
POD PODIUM MINERALS 0.067 0.092 37 $8,801,177
DCN DACIAN GOLD LTD 0.440 0.610 37 $133,170,904
RMG RMG LTD 0.011 0.015 36 $9,237,973
BRN BRAINCHIP HOLDIN 0.069 0.094 36 $82,936,848
UWL UNITI WIRELESS L 1.310 1.760 34 $249,222,736
DRE DREADNOUGHT RESO 0.003 0.004 33 $4,437,926
AKN AUKING MINING LT 0.002 0.002 33 $1,398,876
GLV GLOBAL VANADIUM 0.002 0.002 33 $2,829,480
AZI ALTA ZINC LTD 0.003 0.004 33 $7,286,537
ABL ABILENE OIL AND 0.003 0.004 33 $1,590,457
1ST 1ST GROUP LTD 0.049 0.065 33 $21,678,554
MOY MILLENNIUM MINER 0.059 0.078 32 $58,818,312
OKU OKLO RESOURCES L 0.125 0.165 32 $55,002,512
E25 ELEMENT 25 LTD 0.174 0.230 31 $20,679,136
LSH LIFESPOT HEALTH 0.069 0.090 30 $6,981,181
FIN FIN RESOURCES LT 0.010 0.013 30 $3,791,988
BCN BEACON MINERALS 0.020 0.026 30 $62,819,664
MPW MSL SOLUTIONS LT 0.100 0.130 30 $32,479,248
ANR ANATARA LIFESCIE 0.200 0.260 30 $12,600,375
PVL POWERHOUSE VENTU 0.050 0.065 30 $1,905,262
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ASX small cap losers June 17-21

Clearly someone got wind of the news at Avenira (ASX:AEV), which went into a death spiral falling 54 per cent this week before hitting a trading halt.

The phosphate miner has been waiting on $11m-14m worth of funding to keep the wheels spinning and hopes to have some news to share on Monday.

Silver Chef (ASX:SIV) had to extend an exclusivity period twice this week as it waits for the company that’s supposed to be acquiring it to cobble together some cash.

Silver Chef has been in breach of its own loan conditions for months, and the Next Capital takeover was supposed to dig its creditors out of a hole.

But Next, Next’s own lenders, and Silver Chef’s creditors haven’t been able to agree on a recapitalisation plan yet.

Here are the worst performing ASX small cap stocks for June 17-21:

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Ticker Name Price last Friday Price this Friday % change Market Cap
PCL PANCONTINENTAL 0.002 0.0015 -25 $8,110,073.00
GPP GREENPOWER ENERG 0.002 0.0015 -25 $3,886,414.25
MLS METALS AUSTRALIA 0.002 0.0015 -25 $5,854,395.50
SRN SUREFIRE RESOURC 0.004 0.003 -25 $1,509,460.88
SMI SANTANA MINERALS 0.004 0.003 -25 $2,025,598.50
UNL UNITED NETWORKS 0.016 0.012 -25 $1,509,899.38
AVW AVIRA RESOURCES 0.004 0.003 -25 $3,000,000.00
CUX CROSSLAND STRATE 0.008 0.006 -25 $6,069,878.50
RIM RIMFIRE PAC MNG 0.004 0.003 -25 $3,208,854.25
JPR JUPITER ENERGY L 0.015 0.011 -27 $1,687,154.63
IDZ INDOOR SKYDIVING 0.015 0.011 -27 $1,503,661.63
NME NEX METALS EXPLO 0.015 0.011 -27 $2,120,220.75
ADR ADHERIUM LTD 0.036 0.026 -28 $4,342,399.00
GME GME RESOURCES LT 0.06 0.043 -28 $21,768,446.00
MQR MARQUEE RESOURCE 0.135 0.096 -29 $4,231,684.00
KKL KOLLAKORN CORP L 0.017 0.012 -29 $2,517,326.25
IBN IBUYNEW GROUP LT 0.026 0.018 -31 $457,663.59
GCR GOLDEN CROSS RES 0.026 0.018 -33 $1,829,200.13
MGT MAGNETITE MINES 0.006 0.004 -33 $3,194,599.25
RNX RENEGADE EXPLORA 0.003 0.002 -33 $1,425,253.25
XST XSTATE RESOURCES 0.003 0.002 -33 $2,280,981.75
AUH AUSTCHINA HOLDIN 0.006 0.004 -33 $4,461,540.00
EER EAST ENERGY RESO 0.003 0.002 -33 $6,401,974.00
FAM FAMILY INSIGHTS 0.0015 0.001 -33 $2,500,000.00
SAN SAGALIO ENERGY L 0.003 0.002 -33 $409,320.25
OLV OTHERLEVELS HOLD 0.011 0.007 -36 $2,007,889.75
KTE K2 ENERGY LTD 0.011 0.007 -36 $2,104,600.00
OLH OLDFIELDS HLDGS 0.055 0.035 -36 $2,876,167.00
CLA CELSIUS RESOURCE 0.064 0.038 -41 $28,774,288.00
FRX FLEXIROAM LTD 0.027 0.016 -41 $3,873,335.25
SIV SILVER CHEF LTD 0.0595 0.3 -50 $13,940,110.00
PSM PENINSULA MINES 0.004 0.002 -50 $1,985,744.13
AEV AVENIRA LTD 0.013 0.006 -54 $6,351,769.50
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