The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Big Drop Thursday
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STEFAN IOANNOU, Haywood Securities
(02/05/2010)
Thursday’s drop in gold the largest 1-day drop since 2008 Gold posted its biggest 1-day loss since 2008 on Thursday, hitting a three-month low as a wave of risk aversion swept through global markets, triggering massive technical selling in the metal. Bullion tumbled more than 4% in heavy trading, briefly falling below $1,060 per ounce as escalating sovereign debt fears in Europe prompted investors to bid up the dollar and unload riskier assets. (Source:www.mineweb.com) Copper hits 3-month low on doubts about economic recovery - Copper dropped to a 3-month low as doubts about the health of the global economy and a stronger dollar outweighed mixed U.S. jobs data. U.S. employers cut 20,000 jobs in January, but the unemployment rate surprisingly fell to a 5-month low of 9.7% (Source:www.reuters.com) |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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