U.S. MARKETS -NOV. 29-DEC. 3

U.S. stocks finished the Nov. 29-Dec. 3 week with a strong performance, amid mixed economic data. While U.S. retailers reported strong November sales, a new jobs report showed unemployment had risen to a seven-month high of 9.8% in November as hiring slowed. There are expectations that the Federal Reserve may pump more funds into the economy in an attempt to boost growth.

The S&P 500 index climbed 35.31 points to 1,224.71. The Dow Jones industrial average was up 2.6% to 11,382.09, a rise of 290.09 points, while the Nasdaq closed at 2,591.46, an increase of 2.2%. The Philadelphia Gold and Silver index jumped 7.4% to close at 225.27, as the price of gold tacked on almost US$40 to reach US$1,406.20 per oz., its highest since mid-November. The spot price for

copper was up US22…¢…….. to US$3.98 per lb., silver

gained US$2.70 to finish at US$29.41 per oz. and crude oil added US$5.43 to end at US$89.19 per barrel.

Among the most active traders, were silver producers Hecla Mining, up US$1.70 to US$10.50, and Silver Wheaton, which advanced US$4.16 to US$39.31. And major gold producers: Freeport-McMoRan Copper & Gold shot up US$11.03 to US$108.95, Barrick Gold closed up US$3.57 to US$54, Goldcorp rose US$2.15 to US$47.07, Newmont Mining ended at US$62.36, for a US$3.82 gain, and Kinross Gold tacked on US91¢ at US$18.75.

Texas-based Uranium Resources was up US32¢ at US$3.50. The speculative junior is benefiting from a recent rise in the uranium price and some recent newsletter touts.

Cliffs Natural Resources closed at US$73.58, an increase of US$4.57, after announcing a new vice-president of senior project development for its Canadian Ring of Fire chromite project in northern Ontario. Earlier this year, Cliffs bought Freewest Resources and Spider Resources to acquire two large chromite deposits and a controlling interest in a third deposit in northwestern Ontario.

Mines Management was off US33¢ at US$2.88 after reporting financial and operating highlights for its second quarter. Gold American Mining fell 32% at US44¢ after reporting that it had done a 7-hole drill program on the Guadalupe property in Mexico.

U.S. most active issues
	VOLUME	WEEK
	(000s) HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	128190 14.25	13.00	14.23	+ 1.05
Hecla Mining* HL	85761 10.56	8.62	10.50	+ 1.70
Freeport McMo* FCX	56135 109.43	96.35	108.95	+ 11.03
Uranium Res* URRE	51998 3.98	3.21	3.50	+ 0.32
Silver Wheatn* SLW	49682 39.50	34.52	39.31	+ 4.16
Barrick Gold* ABX	46321 55.38	49.38	54.00	+ 3.57
Kinross Gold* KGC	39536 18.87	17.32	18.75	+ 0.91
Newmont Mng* NEM	38222 62.65	57.31	62.36	+ 3.82
Mosaic* MOS	31601 69.57	65.81	69.10	-0.70
Goldcorp* GG	29001 47.63	44.19	47.07	+ 2.15

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Minera Andes*	MNEAF	5643	3.15	2.04	3.08	+ 47.3
Golden Phoen*	GPXM	4363	0.19	0.13	0.18	+ 38.4
US Antimony*	UAMY	138	0.49	0.40	0.49	+ 36.1
Midway Gold*	MDW	503	0.89	0.64	0.87	+ 35.9
Kimber Res*	KBX	2794	1.58	1.17	1.53	+ 35.4
Rubicon Mnls*	RBY	25230	6.34	4.46	5.83	+ 31.6
Linux Gold*	LNXGF	392	0.09	0.07	0.09	+ 28.5
Radius Gold*	RDUFF	205	0.85	0.67	0.85	+ 26.8
US Gold*	UXG	4935	7.16	5.56	7.16	+ 26.5
Metalline Mng*	MMG	612	1.07	0.78	0.96	+ 23.0
Commerce Grp*	CGCO	43	0.02	0.02	0.02	-33.3
Gold Am Mng*	SILA	10107	0.69	0.39	0.44	-32.3
Crosshair E&M*	CXZ	1486	0.46	0.32	0.34	-26.0
Tri-Valley*	TIV	1814	0.61	0.42	0.44	-16.9
Affinity Gold*	AFYG	607	0.06	0.05	0.05	-16.6
Canarc Res*	CRCUF	71	0.17	0.15	0.15	-16.6
Patriot Gold*	PGOL	42	0.16	0.12	0.14	-12.5
Am Engy Field*	AEFI	23	0.73	0.57	0.60	-11.7
Uranerz Energ*	URZ	12844	4.09	3.33	3.42	-11.1
Mines Managem*	MGN	907	3.28	2.77	2.88	-10.2

U.S. greatest value change
WEEK
	VOLUME	CLOSE	CHANGE
Freeport McMo* FCX	56134716	108.95	+ 11.03
Agnico-Eagle* AEM	9233566	85.03	+ 7.53
Teck B* TCK	22481539	54.73	+ 6.78
Compass Mnls* CMP	554950	86.87	+ 5.38
BHP Billi-BHP* BHP	16878830	88.67	+ 5.30
Peabody Enrgy* BTU	21838661	63.28	+ 4.94
Mesabi Trust* MSB	1550342	49.82	+ 4.72
Cliffs Nat Rs* CLF	18474830	73.58	+ 4.57
BHP Billi-BBL* BBL	8555422	76.61	+ 4.45
Silver Wheatn* SLW	49682256	39.31	+ 4.16
Randgold Res* GOLD	4200729	93.59	-1.85
Rare Elemt Re* REE	3932682	9.82	-0.71
Mosaic* MOS	31601130	69.10	-0.70
Buenaventura* BVN	7427777	53.17	-0.57
Uranerz Energ* URZ	12843943	3.42	-0.43
Mines Managem* MGN	907407	2.88	-0.33
Gold Am Mng* SILA	10106755	0.44	-0.21
Crosshair E&M* CXZ	1486404	0.34	-0.12
Mountain Prov* MDM	88678	4.94	-0.10
Tri-Valley* TIV	1813761	0.44	-0.09