Call it investing through the looking glass or sympathetic fallacy, the temperature and mood at PDAC 2010 could not have been more different than last year’s convention. An increase in the number of attendants, the weather outside and the mood of the market combined to create a great sense of optimism among this year’s participants.
There’s a lot of action with senior gold miners. In their bid to grow, many are scouting around and eyeing juniors with proven resources. Some are cheap and attractive, while others are robust enough to survive to drill another day.
Back in the early stages of the gold bull market, junior mining stocks were all the [...]
By Melissa Pistilli-Exclusive to Resource Investing News
Copper Investing News
Copper rose to its highest level in over two weeks Tuesday on a softer dollar and cancelled warrants. Despite depressed demand out of China, analysts believe demand from the rest of the world, including the US and Japan, will more than compensate. Goldman Sachs is still forecasting [...]
Gold Investing News reports gold firms are now expanding their holdings in China as well as prospects in Australia.
With firms going for the kill, Vancouver’s Eldorado Gold Corporation (TSX:ELD) has taken the first step in acquiring a 19.9 per cent interest in Sydney, Australia-based gold mining firm in an all-share private placement worth approximately $279 million.
For complete story, [...]
Gold Investing News reports gold prices are holding strong in the current markets.
Year to date, gold is up about 3 per cent, while other economically sensitive commodities have rallied, with copper futures up more than 50 per cent. Crude oil had reached a 2009 high of over $58 a barrel on Friday, recovered from levels [...]
Gold Investing News reports spot price for gold closed at US$842.60 per troy ounce on Tuesday after the announcement of bailing-out the banks on Friday last week.
Barnard Jacobs Mellet released a research report which suggests that gold mining companies are trading at very attractive valuations. The commentary outlined several reasons which included the relative market appreciation with [...]
Thursday, March 11, 2010
0 Comments