Letter to the editor: Gold stocks ‘precipitously cheap’
I read with interest Peter Besler’s article on making money on junior resource stocks (T.N.M., March 25–31/13). But I do not think his methodology applies at the present time.
Stock Markets/Investing
Agnico keeps steady hand through choppy waters
The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.
TSX Venture gains ground,
Apr. 22-26
VANCOUVER — The S&P TSX Venture Composite Index showed signs of recovery following a tough month during the Apr. 22-26 trading period, with a 2.8%, or 26.15 point, jump leading to a 965.22 point weekly close. Rising commodity prices…
U.S. markets show strength as commodities rebound, Apr. 22-26
Investors took comfort in the fact that unemployment claims in the U.S. fell more than expected and that helped bolster all three of the big indices south of the border for the April 22-26 period.
Toronto Stock Exchange, Apr. 15 – 19
Despite a historic fall in the gold price, and weakness around commodities as a whole, the S&P/TSX Composite Index clawed its way to a 4-point gain, finishing at 12,065.55.
TSX Venture Exchange, Apr. 15 – 19
The S&P/TSX Venture Composite Index continued its downward spiral, as struggling commodity prices and a gloomier global outlook from the International Monetary Fund (IMF) contributed to an 8.2%, or 83.5-point loss, en route to closing at…
U.S. markets, Apr. 15 – 19
U.S. stocks kicked off the trading week by posting their worst day since Nov. 7, 2012, with the Boston Marathon bombings, lower-than-expected Chinese gross domestic product growth and a tumbling gold price accelerating equity sell-offs . On…
Four muy caliente silver stock picks
To discern the winners from a crowded field of companies holding mines and development projects in Mexico, The Northern Miner asked two mining analysts, Nicholas Campbell of Canaccord Genuity and Christos Doulis of Stonecap…
How Mexico reclaimed its mantle as a top mining nation
“There is support for mining politically, the geology is excellent, the people are incredibly friendly and the food is delicious.”
Short Position Report
Short positions outstanding at Apr. 15/13 (with changes from Mar. 31/13).
TSX Venture takes a tumble, Apr. 15-19
VANCOUVER — The S&P TSX Venture Composite Index continued its downward spiral during the Apr. 15-19 trading period, as struggling commodity prices and a gloomier global outlook from the International Monetary Fund (IMF) contributed to…
TSX moves sideways as commodities falter, Apr. 15-19
Despite a historic fall in the gold price and weakness in commodities, the TSX Composite Index managed to claw its way to a 4 point gain, finishing the April 15-19 period at 12,065.55 points.