Gold prices bought Yamana Gold towards the close of business today at $9.37 per share. It was a close call as to where to invest our funds but Yamana got the vote.

From the chart below (read more…)

CAMBIOR INCORPORATED: 36% profit in 3 months!

We have decided to take a profit on Cambior Incorporated. The takeover by Iamgold Corporation has worked out nicely but we feel that there is now better value elsewhere (read more…)

Where are gold prices going? What’s in store for gold? Why invest in gold? Which gold stocks to purchase? Three of the precious metals industries heavyweights battle it out (read more…)

Kinross Gold Corporation have just announced the agreement of a loan facility to support their gold exploration and development programme, which is great news.

No matter how good the story might appear (read more…)

We are holders of this gold explorer but the stock price has fallen badly recently along with gold prices. Is it time to dump them or average down (read more…)

The Feds and the central banks continue with their programme of selling gold and driving gold prices lower. So who are the real winners (read more…)

This is one of Canada’s intermediate gold producers focusing its gold production in Brazil, where it has four operating gold mines along with various exploration interests.

Yamana also has mines in operation in Honduras together with a number of concessions in Nicaragua.

We looked at this stock sometime ago when it was $4.04 and a new addition to our Watch List (read more…)

Cambior Inc to merge with Iamgold Corporation in a $3 billion merger making the new Iamgold Corporation the tenth largest gold producer in the world (read more…)

You just can’t trust the Australians can you? I go to sleep and overnight they let gold fall below my stop loss level!

No, can’t blame them. We got it wrong (read more…)

GOLD: A rough ride

The last few days has seen the gold price drop down and penetrate gold’s 2oo DMA. So, where does gold go from here?

This sell off has surprised us a little as it looks like one or more of the central banks are doing the selling (read more…)