Silverado Gold Mines Limited has announced early this morning some rather interesting results. It would appear that their latest discoveries indicate the close proximity of a potentially large and rich lode gold deposit (read more…)

Some analysts want to avoid this stock! Not us we have to say, we are still big supporters of Kinross and intend to stay with them.

Look at the chart and we can see that they are doing very well indeed.

They don’t hedge and must be in the sights of the bigger guns as a prime takeover target. The gold explorers are not making mega gold discoveries, so if a company wants to add more gold it has to go exploring on Bay Street.

Hold and accumulate when we can, that’s us.

30 October 2006

Agnico-Eagle Mines Limited announced today third quarter earnings of $45.2 million, or $0.38 per share.

Earnings in the first nine months of 2006 were a record of $119.5 million, or $1.05 per share. This is more than four times the $25.3 million, or $0.29 per share, recorded in the same period last year.

Don’t you just love it when they report that total cash costs at La Ronde are minus $709 per ounce for gold! Well, we do.

26 October 2006

No-one likes ripples at election time so don’t expect the mighty dollar to fall any time soon.

However once these elections are behind us the Feds will have other worries to struggle with (read more…)

Gold prices keep putting in a series of small rallies only to back right off the $600 per ounce barrier.

The chart indicates that we are at a bewitching hour when the 50 DMA is about to cross the 200 DMA in a downward direction. Not a great sign from a chartist standpoint (read more…)

Gold has come out of the traps flying and just hit $600.00 per ounce. What a terrific start to the day. Silver is also rocketing up the charts, well done to both of you.

I wonder if we will see any dumping later on?

19 October 2006

Avoid the dog box and buy your nearest and dearest a really nice piece of gold jewelry. So its not an EFT or a share certificate or a tiny fraction of a huge managed fund – so what?

What you do have is a piece of art that can be worn and enjoyed by your partner and admired by their friends. Whenever it is comes out of its place of safekeeping the fact that you were late will dissipate and life will run smoothly again (read more…)

Just a quick note regarding this stocks activity in terms of volume. Since publishing our research on Glass Earth we can now see that the volume on 13 October 2006 was 982,500 which took the stock price to C$0.18 (read more…)

Gold prices are nervously coiled ready to spark on stock exchanges throughout the world.

The physical price of gold is heading up to the 200 DMA and we believe that it will go straight through it. In turn the 200 DMA will go straight through the 50 DMA and both these averages will follow the gold price upwards (read more…)

The daily trading of gold hits 1000kg according to the Hindu news update service, up from 300kg to 400kg (read more…)