Sabina Silver Corp. announced an increase in its resource estimate for its Hackett River silver-zinc project. In addition to increases of 7.1 million ounces of silver, 448,000 tonnes of zinc, 57,000 tonnes of copper and 12,000 tonnes of lead, there is also an additional 24,000 ounces of gold. Details can be found in the news release.
As of the time of this posting, Sabina is up 5 cents on the day, at 68 cents. The bid-ask spread shows somewhat of a cool-off: 63 cents bid, 67 cents asked.
Sabina'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.
Wednesday, March 11, 2009
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