Chris Ecclestone, Mining Strategist, explained the potential for gold mining companies, “the interesting thing is that Chinese enterprises in the past have roamed the world searching for base metals and products that they can take back to the mother land. In this case a purchase of a gold company in Brazil, it is definitely a mold breaker. It means that potentially all gold stocks within a certain size are fair game.”
Standard & Poor reports that it has began Factual Stock Report coverage on Supreme Resources, Ltd (CVE:SPR,OTC:SPRWF).
Mountain Lake Resources Inc. (CVE:MOA) reports its completion on the non-brokered private placement. The Company placed 1,000,000 common share units (the “Units”) of the Company at a price of $0.50 per Unit to raise gross proceeds of $500,000. For complete news release, click here.
By Kishori Krishnan Exclusive To Gold Investing News Gold prices edged lower in Europe on Friday as a stronger U.S. dollar dented interest in the precious metal as a currency hedge, and oil prices eased. Most commodities priced in dollars have lost value as the U.S. currency firmed, as they become more expensive for holders of [...]
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