A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte is excited to have joined the Investing News Network as an editorial assistant, and looks forward to gaining more knowledge about the commodities sector. She plans to complete her certificate in the spring of 2013.
Reuters reported that spot gold reached a low of $1,338.95 per ounce this morning, its lowest price since April 16, pushed down by speculation that the Fed will dial back its economic stimulus program. However, it later rose up to $1,363.40.
Pacific Booker Minerals Inc. (TSXV:BKM) announced that the Ministry of Justice has requested that it be granted a period of time to review the petition. May 31 has been set as the date by which the ministry must respond, and a hearing date has been set for July.
Alan Knuckman, chief market strategist at Optionshop, and Jeff Sica, president of Sica Wealth Management, discuss the recent gold price decline on Bloomberg Television’s Lunch Money, commenting on whether now is the right time to buy the yellow metal.
Orefinders Resources Inc. (TSXV:ORX) announced that it has begun a 1,200-meter drill program at its Derlak gold project, which is situated not far from Red Lake, Ontario. The program is aimed at testing selected geophysical targets identified by a December 2012 Quantec Titan-24/DC/IP/MT survey.
Aureus Mining Inc. (TSX:AUE,LSE:AUE) announced the results from a 62-hole drill program at its Liberia-based Weaju gold target, which is located within the company’s wholly owned Bea Mountain mining license. It noted that so far results from 47 holes have been received.
Orefinders Resources Inc. (TSXV:ORX) announced that it has entered into agreements to acquire a number of properties along a major structure in the Kirkland Lake-Larder Lake gold district, noting that it has also obtained an option from Misema Holdings Ltd. regarding four leased mining claims. In both cases, the deal structures in place should allow the company to quickly reach 100-percent ownership.
In an interview with Sprott Money News, Ed Steer, director of the Gold Anti-Trust Action Committee and market analyst at Casey Research, responded to a question on when the next leg up in the gold and silver bull markets will occur by stating that he expects the next run in the bull market “anytime.”
Orefinders Resources Inc. (TSXV:ORX) announced that results from a deep-penetrating Titan 24 DC-IP-MT survey over its Ontario-based Derlak Red Lake gold property have increased its understanding of the Madsen Trend, the main gold-bearing structure on the property.
Benton Resources Inc. (TSXV:BEX) provided an update on the exploration program taking place at its California-based Elizabeth Anne project, commenting that surface sampling has identified a minimum of six regions of gold and silver mineralization.