Unfortunately, I've decided to close up this blog. For those who have read it, I thank you for stopping by.
To be honest, it was a straightforward task digging up the news items. Here's how I did it: from Marketwire, I used the keyword "gold" in the Advanced Search box and filtered the stories by Toronto and TSX Venture stock exchanges. Once the info was entered, I only needed to press the "Refresh" button to call up newer items.
For CNW, a Keyword search using "gold" as the keyword will pull up stories, which have to be manually filtered to weed out ones that don't relate to gold mining companies. The trouble with CNW is the stories are a day behind with this filter. For companies that you already know of, the best approach would likely be signing up for their mailing lists. Using both of these search functions will pull up any items that I've gotten while running this blog; the headlines are usually informative enough for at-a-glance filtering.
I wish I could continue this aggregation, but other priorities are intruding. Also, if I keep going, the catchall disclosure notices will eventually have to be replaced with more specific items. To be honest, that's something I'd rather not do.
Once again, thanks for reading what I've posted here...and good luck to all.
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NOTE: This blog was confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Tuesday, March 17, 2009
Ventana Adds Another Drill To La Bodega Property For Deeper Drilling
Ventana Gold Corp. has commissioned another drill from Terramundo Drilling Inc. in order to speed up the 3,400 m drilling program on its La Bodega property in Columbia. This new drill will also have a deeper reach, of 1,300 m. The drill was brought in largely to test and extend the holes in the La Mascota zone where fairly consistent mineralizations of 20 - 80 m widths have been found. The news release has futher details, and a recap of earlier results.
So far, Ventana is up five cents at $1.18. Its current bid - ask is $1.17 - $1.19.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
So far, Ventana is up five cents at $1.18. Its current bid - ask is $1.17 - $1.19.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Gold-Ore Buys NSR For Bjorkdal For 20% Discount
Gold-Ore Resources Ltd. has bought the net smelter royalty for the Bjorkdal mine for US$800,000 instead of the US$1 million at which Gold-Ore had the right to buy. As the news release recounts, the holder of the NSR was Minmet plc.
Gold-Ore has not yet traded today; it last closed at 51 cents yesterday for a gain of 1.5 cents. Current bid - ask is 49 - 51 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Gold-Ore has not yet traded today; it last closed at 51 cents yesterday for a gain of 1.5 cents. Current bid - ask is 49 - 51 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Paramount Gold And Silver Updates Earlier $9 Million Financing Announcement
Paramount Gold And Silver Corp. has announced that the planned $9 million financing has been approved by NYSE Alternext. The news release also explains that the TSX delisting review, also announced earlier, was triggered by Paramount invoking the hardship exemption. Paramount has reaffirmed its belief that the review is merely routine.
This item was disseminated before market's open today. As of the time of this post, Paramount is up 5 cents at $1.00. Current bid - ask is 98 cents - 99 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated before market's open today. As of the time of this post, Paramount is up 5 cents at $1.00. Current bid - ask is 98 cents - 99 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Teryl Plans To Spend US$1.644 Million In 2009 On Gil Joint Venture Gold Claims
Teryl Resources Corp. has announced its 2009 exploration budget for the Gil joint-venture gold claims. The company plans to spend US$1,644,000 on: ground magnetometer surveying, concentrating on the Sourdough Ridge; delineating mineralized zones plus establishing a resource base at Sourdough Ridge; and, expanding the resource at North Gil. The news release has further details, and expected dates for each phase of the exploration program.
This item was released this morning. Yesterday, Teryl closed at 11 cents for a gain of 1 cent. The current bid - ask is 7 cents - 11 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released this morning. Yesterday, Teryl closed at 11 cents for a gain of 1 cent. The current bid - ask is 7 cents - 11 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Moto Goldmines Signs JV Agreement For Moto Gold Project In DRC
Moto Goldmines, Ltd. has announced the signing of a 70%/30% joint venture agreement with L'Office des Mines d'or de Kilo-Moto, which establishes a joint-venture company for the Moto Gold Project in the Democratic Republic of the Congo. Under the term of the agreement, which is spelled out in the news release, Moto must pay US$4.5 million for a "pas de porte."
This item was webbed this morning. In yesterday's trading, Moto closed at $2.84 for a drop of 9 cents on the day. Current bid - ask is $2.85 - $3.00, indicating a higher open.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was webbed this morning. In yesterday's trading, Moto closed at $2.84 for a drop of 9 cents on the day. Current bid - ask is $2.85 - $3.00, indicating a higher open.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Suspension For Corriente's Mirador Project Lifted By Ecuador Government
Corriente Resources Inc. has announced that the Ecuadorean Ministry of Mines has lifted a suspension of Corriente's field operations. In addition, the company has received a Water Use Concession for the Mirador Camp. The news release has further details.
This item was disseminated early this morning. Yesterday, Corriente closed at $5.25 for a gain of 10 cents. Current bid and ask are both $5.25, indicating an unchanged opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated early this morning. Yesterday, Corriente closed at $5.25 for a gain of 10 cents. Current bid and ask are both $5.25, indicating an unchanged opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
High River Gold Issues NI 43-101 Compliant Reserve & Resource Estimates, With Declines Except For Inferred
High River Gold Mines Ltd. has completed NI 43-101 compliant reports for its Zun-Holba and Irokinda Gold Mines, replacing earlier-non-compliant estimates. Proven and probable reserves have shrunk by 20%, and measured and indicated resources (including the reserves) declined 19%. Inferred resources, on the other hand, increased by 67%. The news release itemizes the changes, and notes why receipt of these reports was delayed.
This item was released this morning. Yesterday, High River closed at 15.5 cents for a gain of 0.5 cents. The bid and ask are both 16.5 cents, indicating a higher opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released this morning. Yesterday, High River closed at 15.5 cents for a gain of 0.5 cents. The bid and ask are both 16.5 cents, indicating a higher opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
West Timmins Mining Gets Visible Gold, 5.43 g/t Gold over 1.50 m In Highway 144 Discovery Drill Hole
West Timmins Gold Inc. has announced a visible gold showing in the core of its Highway 144 discovery. Hole Hwy-08-12 also has two intervals of 1.5 m each, with 5.43 and 4.91 g/t gold. Those intervals are 26 m apart. The news release has further details, including a capsule geology of the discovery.
This item was disseminated this morning. West Timmins closed yesterday at 48 cents, for a gain of 3 cents. Current bid and ask are both 48.5 cents, indicating a slightly higher open.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated this morning. West Timmins closed yesterday at 48 cents, for a gain of 3 cents. Current bid and ask are both 48.5 cents, indicating a slightly higher open.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Orsu Metals Files Mineral Resource Update On SEDAR
Orsu Metals Corp. has filed an updated resource estimate for its 100%-owned Varvarinskoye gold-copper mine in Kazakhstan. The document itself can be found here, once it's webbed.
This item was released early this morning. Yesterday, Orsu closed at 6.5 cents for a loss of a penny. Current bid-ask is 6.5 cents - 7 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released early this morning. Yesterday, Orsu closed at 6.5 cents for a loss of a penny. Current bid-ask is 6.5 cents - 7 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Aura Minerals Signs JV Deal For Inaja Project With Companhia Vale do Rio Doce
Aura Minerals Inc. has announced that its wholly-owned subsidiary, Aura Gold Mineracao Ltda, has signed a joint-venture option agreement with Companhia Vale do Rio Doce for 51% ownership of the Inaja Project. Aura must pay US$3 million to Vale within 15 days of deal's closing for the option. To earn 51% of the project, Aura must also put US$6 million into Inaja within four years. Coming up with a bankable feasibility study, within three years of electing to do so, will earn another 19%. The news release has further details, including a provision to convert either party's interest to a 2% NSR if that interest falls below 10%.
This item was released last evening. Prior to its dissemination, Aura closed unchanged at 19.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released last evening. Prior to its dissemination, Aura closed unchanged at 19.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
World Bank Group Member Invests $12 Million In Greystar Resources
Greystar Resources Ltd. has announced that the International Finance Corporation, a member of the World Bank group that focuses on private-sector investment, has committed to pick up 6,579,161 units of Greystar at a price of C$1.83 per unit. Gross proceeds will be $12,039,864. Each unit contains one share and 3/4 of a (transferrable) purchase warrant. The warrants have an exercise price of $2.47 and life of five years. This transaction is expected to close at the end of this month. The news release has further details, including an early-expiry provision for the warrants. Proceeds of the financing are to be spent on its Angostura gold project in Columbia.
This item was released last night, after trading ended. Greystar closed yesterday at $3.54, up 45 cents on the day. Current bid and ask are both $3.55, indicating a slightly higher opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released last night, after trading ended. Greystar closed yesterday at $3.54, up 45 cents on the day. Current bid and ask are both $3.55, indicating a slightly higher opening.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Centurion Announces Director Has Resigned
Balbir Johal, a former director of Centurion Minerals, has resigned his directorship. The news release has further details, but no farewell message for Mr. Johal.
This item was released after trading ended yesterday. Centurion closed at 10 cents, up 3 cents on the day. Current bid - ask is 7 - 10 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released after trading ended yesterday. Centurion closed at 10 cents, up 3 cents on the day. Current bid - ask is 7 - 10 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Paramount Gold And Silver Under TSX Delisting Review
Paramount Gold and Silver is currently under a TSX delisting review, under which the company has 210 days to maintain compliance. If not, it'll go to the Venture. The news release does not specify the reason why Paramount is under review.
This item was sent out after market closed yesterday. Prior to it, Paramount closed at 95 cents, down 13 cents on the day. Current bid-ask is 90 cents - 96 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was sent out after market closed yesterday. Prior to it, Paramount closed at 95 cents, down 13 cents on the day. Current bid-ask is 90 cents - 96 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Ernst & Young Issues Optimistic Forecast For Mining Industry
Ernst and Young has issued a report saying that "[m]ining and metals sector fundamentals are still compelling." The main reason given is the current reflation and stimulus efforts by governments, of which 30-40% should be devoted to infrastructure spending. Also noted are the growth of alternate financing arrangements that will ease the pain of the credit crisis. The summary release goes into depth.
Since Ernst isn't a publicly-traded company, it doesn't have a quote. Its home page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Since Ernst isn't a publicly-traded company, it doesn't have a quote. Its home page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Minera Andes Has Paid Off US$17.5 Million Loan To Macquarie Bank
Minera Andres Inc. has paid in full its US$17.5 million loan from Macquarie Bank, leaving it with no more bank debt. $7.5 million of the loan was due on March 7, and the rest was due in September. As the news release specifies, the company has also met its cash committment under its joint-venture agreement too. Minera has no current outstanding financial committments, including any attached to its 49% ownership of the producing San José gold/silver mine.
This item was released in the early afternoon, ET. At market's close, Minera was up 8 cents to reach 72 cents. Most of the rise came after this item was released. Current bid-ask is 70 -73 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released in the early afternoon, ET. At market's close, Minera was up 8 cents to reach 72 cents. Most of the rise came after this item was released. Current bid-ask is 70 -73 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Gold World Resources Announces Chinese Government Approves Joint-Venture Company For Exploring Ming Gold/Silver Project
Gold World Resources Inc. has announced that the Chinese government has approved a 30-year, 70%/30% joint-venture company between Gold World and the Shijiazhuang Comprehensive Geological Brigade of the Hebei Geological Bureau. The company will be permitted to explore for gold and silver deposits in an area specified by the Chinese government, which includes the Ming gold/silver deposit. In order to earn the 70% interest, Gold World must spend US$178,393.00 over 6 months. This committment has been reduced from the original sum of US$1,750,000.00 over 18 months. The news release has further details, including what the Brigade has to do to earn its 30%.
This item was released yesterday, in mid-morning ET. At the end of the trading day, Gold World closed at 4 cents for a gain of a penny. Current bid-ask is 3 cents - 3.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released yesterday, in mid-morning ET. At the end of the trading day, Gold World closed at 4 cents for a gain of a penny. Current bid-ask is 3 cents - 3.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Victoria Gold Closes $10 Million Private Placement
Victoria Gold Corp. has announced that a $10,180,710 private placement is now completed. A syndicate led by Wellington West Capital Markets Inc. has purchased both parts of the deal, comprising 15,832,000 units and 6,791,800 subscription receipts. Both vehicles were priced at 45 cents, and both contained purchase warrants with exercise price of 55 cents. The units' warrants have a three-year life, expiring on March 13, 2012, and the subscription-receipts' warrants expire in two years. As the news release specifies, the proceeds are for Victoria's takeover of StrataGold; the escrow terms on the funds enforce this provision.
This item was released just after the market opened. At the close. Victoria reached 36.5 cents, up 0.5 cents on the day. Stratagold closed at 3.5 cents, unchanged. Current bid - ask for Victoria is 34.5 cents - 38 cents, and current bid - ask for Stratagold is 3.5 - 4.
Victoria's Google finance web page is here, and Stratagold's is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released just after the market opened. At the close. Victoria reached 36.5 cents, up 0.5 cents on the day. Stratagold closed at 3.5 cents, unchanged. Current bid - ask for Victoria is 34.5 cents - 38 cents, and current bid - ask for Stratagold is 3.5 - 4.
Victoria's Google finance web page is here, and Stratagold's is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Augen Gold Wins Shareholder Approval Of Debt-To-Equity Conversion
In a shareholder's meeting held last Friday, the shareholders approved four resolutions. Two pertained to changes in the board of directors, one fixed the number of directors at four, and the final one "overwhelmingly approved" a equity conversion of the $1.1 million debt owed to Augen Capital. Conversion terms are one share per 15 cents of debt. The news release has further details on this turn of the page for Augen Gold.
This item was disseminated before market's open yesterday. As of the close, Augen Gold closed at 10 cents, up a penny on the day. Current bid-ask is 10 cents - 10.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated before market's open yesterday. As of the close, Augen Gold closed at 10 cents, up a penny on the day. Current bid-ask is 10 cents - 10.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Farallon Wins Appealed Decision In Wiltz Case Over Campo Morado Property
Farallon Resources Ltd. has announced that a lawsuit against it disputing ownership of Farallon's Campo Morado property has been dismissed by a Mexican appeals court. This decision is final, so ownership of the zinc-copper-lead-silver-gold project is now safely in Farallon's hands. The losing party was Wiltz Investment S.A. The news release has further details, as well as a statement from the CEO.
This item was released before trading began yesterday. At the close, Farallon was up a penny to 17.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was released before trading began yesterday. At the close, Farallon was up a penny to 17.5 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
American Creek Points Out Resources Adjacent To Its Treaty Creek Project
American Creek Resources Ltd. has sent out a capsule description of the resources found by Seabridge Gold Inc. and Silver Standard Resources on properties near to American Creek's own Treaty Creek project in B.C. Silver Standard's Snowfield/Sulphurets project, with 19.1 million ounces of gold, 1.96 billion pounds of copper and over 63 million ounces of silver resources, is about 2.5 km away from Treaty Creek. Seabridge's Mitchell deposit, adjacent to Treaty, has resource of over 39 million ounces of gold and 8 billion pounds of copper. In the news release, the company says that Treaty Creek appears to be on the same trend line as the Mitchell. In a later correction, American Creek noted that the above totals for the other two companies lumped together measured, indicated and inferred resources. It also acknowledged that the categories should have been unbundled in order to have been compliant disclosure
This report was released before market opened, and was good enough to shoot American Creek up 5 cents to close at 21.5 cents. Current bid for American Creek is 20 cents, and current ask is 23 cents. Silver Standard closed at $16.92, down 52 cents, and Seabridge closed at $24.64, down 32 cents.
American Creek's Google Finance web page is here, Silver Standard's is here, and Seabridge's is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This report was released before market opened, and was good enough to shoot American Creek up 5 cents to close at 21.5 cents. Current bid for American Creek is 20 cents, and current ask is 23 cents. Silver Standard closed at $16.92, down 52 cents, and Seabridge closed at $24.64, down 32 cents.
American Creek's Google Finance web page is here, Silver Standard's is here, and Seabridge's is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Labels:
American Creek,
AMK,
SEA,
Seabridge,
Silver Standard,
SSO
Tyhee Gets 2.56 g/t Gold Over 43.5 m On Clan Lake Drill Project
Tyhee Development Corp. has released the results from Clan Lake gold project in the Northwest Territories, from a program with fourteen holes drilled. Six holes were highlighted as anomalous: results include hole CL001's 2.56 g/t gold and 5.06 g/t silver over 43.5 m, with a subinterval of 9.0 m assaying at 5.35 g/t gold and 9.35 g/t silver, and hole CL011's 2.55 g/t gold over 24.0 m, including a subinterval of 7.5 m of 4.18 g/t gold and 21.80 g/t silver. The news release goes into further detail, and notes that most of these holes are in areas already fingered as gold-bearing.
This item was disseminated before market's open yesterday. At the close, Tyhee reached 14.5 cents, down a penny on the day. Current bid - ask is 14.5 cents - 15 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated before market's open yesterday. At the close, Tyhee reached 14.5 cents, down a penny on the day. Current bid - ask is 14.5 cents - 15 cents.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Agnico-Eagle's David Garofalo Named Canadian CFO Of The Year
The CFO of the Year award has been won by David Garofalo, CFO of Agnico-Eagle Mines Ltd. Details are in the news release announcing Mr. Garofalo's award.
This item was disseminated before trading opened yesterday. At market's close, when gold stocks in general sunk, Agnico reached $61.88 for a loss of $2.36.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
This item was disseminated before trading opened yesterday. At market's close, when gold stocks in general sunk, Agnico reached $61.88 for a loss of $2.36.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
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