Digging in 5 Mining Stocks we’re Wild about – Beacon Equity Research
January 18, 2011
Posted by mr.moneymaker on Jan 18, 2011
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Posted by mr.moneymaker on Jan 18, 2011
SILVER STOCKS NEWS Silver stocks advanced Tuesday, as the Global X Silver Miners ETF (SIL) climbed $0.48 to $23.75 per share. Todays rally in silver stocks came as golds sister precious metal rose $0.57 to $28.89 per ounce amid a 0.5% drop in the U.S. Dollar Index to 79.03. Silver stocks have come under pressure in recent weeks as the price of silver has tumbled 7.6% from its 30-year high of $31.275, reached on January 3, 2010.
Tantalum, graphite, iron ore, moly, manganese
I have to admire los (and las) cojones some market technicians and economists have for forecasting broad shifts.
Shares of Yamana Gold (NYSE: AUY) saw unusually high trading volume on Tuesday. Approximately 743,402 shares changed hands during mid-day trading, an increase of -92.97% from the previous session. The stock last traded at $11.69.
Shares of Endeavour Silver Corporation (NYSE: EXK) saw unusually high trading volume on Tuesday. Approximately 166,438 shares changed hands during mid-day trading, an increase of -93.42% from the previous session. The stock last traded at $6.38.
Shares of Pan American Silver Corp (NASDAQ: PAAS) saw unusually high trading volume on Tuesday. Approximately 237,760 shares changed hands during mid-day trading, an increase of -93.17% from the previous session. The stock last traded at $36.45.
Shares of Mag Silver Corp (NYSE: MVG) saw unusually high trading volume on Tuesday. Approximately 342,200 shares changed hands during mid-day trading, an increase of 112.24% from the previous session. The stock last traded at $10.28.
Southern Copper (SCCO Snapshot Report) is worth its weight in copper, fresh off a new all-time high above $50 as copper prices continue to surge.
Shares of Goldcorp Inc. (NYSE: GG) saw unusually high trading volume on Tuesday. Approximately 13,034,900 shares changed hands during mid-day trading, an increase of 147.98% from the previous session. The stock last traded at $40.59.
Shares of Gold Resource Co. (NASDAQ: GORO) saw unusually high trading volume on Tuesday. Approximately 439,500 shares changed hands during mid-day trading, an increase of 122.41% from the previous session. The stock last traded at $27.30.
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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