While rising oil prices were being blamed south of the border for weaker markets, thanks to its heavy resource exposure the TSX Composite Index managed to climb 187 points to finish the holiday shortened Feb. 21-24 period at 12,725.77 points.
During the Presidents Day holiday-shortened week, the S&P 500 Index gained 4.51 points to end at 1,365.74, a four-year closing high. The index has climbed 8% this year, after being unchanged in 2011.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 20, 2012 (change from Feb. 13 in brackets):
Toronto Stock Exchange
Antimony: Mid-mkt US$12,950.00/t
DateFeb 20Feb 17Feb 16Feb 15Feb 14HighLow
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a sunny outlook for gold juniors, helped push the company’s share up 50% since…
DateFeb 20Feb 17Feb 16Feb 15Feb 14
MAX Resource (MXR-V) continues to search for a copper-silver porphyry system at its Majuba Hill property in Pershing County, Nev. Assays were released in early February from a second quarter 2011 drill campaign at the property.
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