Bid-ask (February 21, 2011)
12-MONTH
Volume 97 Number 1 Feb 21 - 27, 2011
Optimism gathers around Dynacor in Peru
Dynacor Gold Mines (DNG-T) has been steadily adding to its market cap over the last few months and word that the drills have started turning at a key exploration project in Peru furthered its advance.
Auryx moves forward
There was plenty of news coming from Auryx Gold’s (AYX-T, AYX-N) Otjikoto gold project in Namibia but none of it was able to reverse what has been a steady decline in market cap over the past three months.
Entre Gold starts strong at Ann Mason
Entrée Gold’s (ETG-T, EGI-X) first diamond drill hole at its 100%-owned Ann Mason porphyry copper-molybdenum deposit in western Nevada’s Yerington district returned 988 metres of copper mineralization in what Greg Crowe, the…
Canaco Resources explores Ethiopia (February 21, 2011)
Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in Tanzania’s Handeni district, where last December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1 grams gold, but…
Condor to start drilling La India
Shares of Condor Resources (CN-L) leapt 30% to close at £6.50 apiece with 8.7 million shares changing hands on news the London-headquartered company was starting to drill its La India concession in Nicaragua.
Ventana likes EBX’s new offer price
A hostile takeover bid turned friendlier on Feb. 13 when Ventana Gold (VEN-T) verbally agreed to a new takeover price of $13.06 in cash per share from EBX Group, up 43¢ from the latter’s initial offer of $12.63 per share last…
Paramount finds more gold in waste dumps
The Sleeper gold mine in Nevada operated as a high-grade open pit from 1986 to 1996, and according to operations reports by its then-owner, Amax Gold, about 54 million tonnes of waste were cast off in dumps over the mine life.