It’s not headline news that gold and silver stocks have been beaten by the general stock market thus far in 2012. Even with the bull rally from the end of 2011 low of $1,520 per ounce, the price of gold has “only” appreciated about 6 percent. Compare that to the Russell 2000’s nearly 10 percent return and ...
Shares in penny stock Pershing Gold Corporation (OTCBB: PGLC.OB) are surging in early trading after the company announced a signed agreement with Victoria Gold Corp. (TSX-V: VIT.V) to acquire mining claims owned by Victoria’s U.S. subsidiary, Victoria Resources Inc. The agreement also calls for interests in claims and leaseholds owned by Newmont Mining Corp. (NYSE: NEM) that were under lease or sublease.
PGLC began trading this ...
Continue Reading →Penny Stocks to Watch: Junior mining penny stock Sagebrush Gold (OTCBB: SAGE) is going to begin trading under its new name and symbol Pershing Gold (OTCBB: PGLC.OB) as of Monday. There are many strategies to investing in junior mining penny stocks. Following hype, momentum, potential or savvy investors. Penny stock traders rushed Harry Lappa and North Springs Resources (OTCBB: NSRS) ...
One of the great penny stocks to watch is one of Canada’s emerging mid-tier gold producers, Brigus Gold Corp. (NYSE Amex: BRD). The stock has reached oversold levels and with the recent news of that Brigus Gold still has 75% of their exploration to complete could make BRD one of the best gold stocks to buy now at their current levels.
Gold mining stocks have been some of the ...
Continue Reading →Bullish sentiment is surrounding Gold & Silver Mining Stocks as the Gold spot price hit a YTD high yesterday of $1,789.50. Yet penny stock North Springs Resources (OTC: NSRS), which has been reporting daily on gold and silver finds globally, flamed out crashing further from its $1.72 high ...
While tracking the price of Gold as it gains towards the $2,000 level that analysts are predicting, we at AimHighProfits follow 20 of the Top Gold and Silver Mining Stocks searching for gold stock or silver stock that’s above the 50 and below the 200 Day moving average forming what’s called “the golden cross”, hitting new 52-week highs or 52-week lows.
Investors are always looking ...
Continue Reading →Hot Penny Stock North Springs Resources (OTC: NSRS) announced the company is making progress on their three exploration projects: Imperial (Nevada), Goldstar (Arizona) and Edum Banso (Ghana). CEO, Harry Lappa, stated mainly NSRS paid $25,000 towards their Ghana project, advanced funds to Goldstar Property and did more sampling on their Imperial Point project.
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Undervalued gold exploration penny stock Bullion Monarch Mining (OTC: BULM.OB) started last week off with a bang by announcing it had entered into a merger agreement with Eurasian Minerals, Inc. (TSX-V: EMX). Shares in the soon to be acquired penny stock reached as high as $1.14 last week. The agreement to acquire ...
The Penny Stock that Said it could North Springs Resources Corp. (OTC: NSRS ) up 12% in the first 30 minutes of trading today. NSRS has already traded volume of 3,471,934. Sample results have been received and things are looking up for Harry Lappa and NSRS shareholders….
Data provided by Capital IQ
North Springs Resources Corp. announced ...
Continue Reading →Even with the price of gold rising towards $1,800, Kinross Gold Corp. (NYSE: KGC ) dropped 19% in January when management of Kinross said the it would take a big non-cash write-down on the expansion of its Tasiast gold mine project in Mauritania. The project is said to face delays of up to nine months.
Data provided by Capital IQ
KGC closing price for Friday, February 3, 2012 ...
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