ICN Resources Ltd. Announces Closing of Private Placement
ICN Resources Ltd. (CVE:ICN) reports that it has closed a private placement of 14,000,233 common shares at a price of $0.30 per common share.
Articles Tagged "precious metal"
ETF Securities Launches New Precious Metals Basket (GLTR)
Eon.businesswire reports that ETF Securities announced that ETFS Precious Metals Basket shares will be listed on the NYSE Arca under the ticker symbol GLTR “Glitter”, on October 22, 2010.
Otis Announces $2,200,000 Private Placement
Otis Gold Corp. (TSE:OOO) reports a non-brokered private placement of up to 4,000,000 units at a price of $0.55 per unit. The aggregate gross proceeds of private placement is up to CDN$2,200,000.
Gold Unique Amongst Investment Choices
Some analysts have pointed out that gold has few end users and a healthy above-ground supply, so why has it shown so much price strength in the last few years?
Gold to Hit $1500 in 2010, Say Survey Respondents
: Dig Media recently conducted its Resources Investing News 2010 Survey to gauge the interests of its readers and gain insight into investors’ perception of the markets. Perhaps most telling was that nearly 69 percent of respondents said they believe the price of gold will reach $1500 before the end of 2010.
Gold Price Pushing Past Key Resistance Levels
A late morning $20 bounce put a smile on every gold bug’s face, and by mid-day the precious metal had shot above $1240 an ounce, hitting a high of $1246.20 late in the day. Prices backed off a bit to close at $1241.30 an ounce on the COMEX.
Gold Prices Bounce on Indian Demand Forecasts, Chinese Rumors and Korean Saber Rattling
Three news stories moving gold prices this week include the World Gold Council’s recent report, rumors China would sell its euro zone debt holdings, and of all things, the stand-off in the Korean Peninsula.
Gold Price Takes a Beating with the Rest of the Markets
After hitting record highs of $1249 an ounce last week, gold has lost much of its May luster the past few days, dropping as low as $1174 an ounce in New York Thursday morning. While traditionally one would expect the precious metal to be trading up in such an environment, uncertainty across all markets remains high.
Gold Price Hangs On to Gains
Gold bugs are smiling this week, especially after the price of gold surged ahead to a four-month high breaking past $1,150 an ounce Wednesday despite relative dollar strength and the bearish voices heard throughout the market last week.
Supreme Resources – Copper and Gold in BC
Supreme Resources is a diversified gold and base metal exploration company focused on the 100% owned TAS Project located in the Copper Mountain Mining Camp, next-door to the past-producing porphyry copper mines. In addition, Supreme Resources also owns Ample-Goldmax property.
