A look at few of my top headlines from this morning with some additional comments. BitGold – (XAU:TSXV) – BitGold has announced a $18.2 million dollar bought deal at $3.65 per share. A syndicate of underwrites led by GMP Securities and including Clarus Securities,Canaccord Genuity, and Dundee Securities Ltd has agreed to purchase the 5 million… Continue Reading
A nice little bump in gold this morning to 1197 in early trading. Here are my favourite news releases out this morning with some additional comments on each. Taseko – (TKO:TSX) – Taseko a copper/moly producer located in British Colombia is out with a new 43-101 updated mine plan at its flagship Gibraltar mine (75%… Continue Reading
Lake Shore Gold – (LSG:TSX) – Lake Shore Gold is one of the first companies out with first quarter results. The company had record production of 53,000 ounces in the quarter. Production was helped by having an average grade of 5.7 grams per tonne. LSG continues to generate free cash flow and in my opinion… Continue Reading
A red morning across the board so far in the markets as the TSX is down (-111.8 ) and the TSX V is down (-4.69). Commodities in red include gold,silver,platinum, and oil (as of press time). Oil is down ~1.5% after a large build in inventory of 10 million barrels according to the EIA. Just… Continue Reading
