Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
For years while the equities market was hot, many investors stayed away from gold, thinking it a poor investment. However, given recent events, including a weakening dollar and the potential for stimulus/bailout induced inflation, many of those investors are now looking to gold as a long term safe haven. In response, for 2009 The MoneyShow [...]
By Kishori Krishnan Exclusive To Gold Investing News A deal was approved on Thursday by Kyrgyzstan’s lawmakers to double the government’s stake in a gold mine that is one of the impoverished Central Asian country’s biggest sources of revenue. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the [...]
By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]
MAX Resource Corp. (CVE: MXR, OTCBB: MXROF) is currently focused on four gold & silver properties in Nevada. Drilling programs in 2010 intersected significant gold mineralization. Multiple drill programs are underway in Nevada for 2011 to actively advance the prospects.
By Kishori Krishnan Exclusive To Gold Investing News As investors the world over turn to a recognised store of value, gold demand has pushed through the US$100 billion barrier. Sustained investor interest in gold over the course of 2008 against a backdrop of the worst year on record for global stock markets and many other [...]
By Kishori Krishnan Exclusive To Gold Investing News Canadian stocks posted a high on Thursday as gold prices steamed ahead and financials rebounded. Toronto’s main stock index was higher, lifted by strength in mining companies as gold prices got a boost from safe-haven buying. The resource-laden materials group rose 2.9 per cent and led the [...]
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