NORTH AMERICAN STOCK EXCHANGE INDICES (October 13, 2008)
52-week Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 High Low S&P/TSX-Ven Comp 1134.10 1300.23 1311.96 1406.65 1415.00 3192.55 1110.89 TSX Composite 10230.43 10803.35 10900.54 1…
2008
US Gold cuts shallow gold at Hercules
US Gold (UXG-T, UXG-x) has made a new, near-surface gold discovery in the Magistral district of Sinaloa state, Mexico.
Kimber raises $5M for gold hunt
Now that it’s closed a $5-million private placement, Kimber Resources (KBR-T, KBX-x) will be looking to bolster its gold position in Mexico with the money going into the ground at its Monterde and Set…
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Mexoro upbeat about past producing Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…
TSX VENTURE SHORT POSITIONS (October 13, 2008)
Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Gold Wheaton Gold GLW 2734100 1252188 Largo Resources LGO 1299500 563000 Westernza…
CANADIAN GOLD MUTUAL FUNDS (October 13, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
Good intersect can’t rally Paramount
A strong intercept for Paramount Gold (PZG-T, PZG-X) couldn’t rally the company’s shares on another down day on the…
Can China help bail out the global economy? (October 10, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help…
Game over for SRA, for now
After investing $150 million to revive the Mid-Tennessee zinc mine complex, 50 km east of Nashville, Strategic Reso…
Silvermex Resources boosts resource at San Marcial (October 10, 2008)
As far back as the 1780s and well into the early 1900s, references in the local library in El Rosario indicate that…
Tirex secures $9 million for Albanian exploration
Vancouver – In a market plagued with financial uncertainty, where many mining companies are cutting back on explora…