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.
Tuesday, March 17, 2009
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