It's been a while since my last post, mainly because I haven't had much to say. Gold shot up with the political unrest in Libya and Egypt which is spreading turmoil throughout the entire middle east.
As I write this, gold is $1429 US$ ($1394 C$). The strength of the Canadian dollar has caused many of the smaller Canadian Mining companies to not participate in the latest runup in gold.
Winners today included BRD - Brigus Gold, CRJ - Claude Resources, ARZ - Aurizon, NGD - New Gold, EDR - Endeavour, IMG - Iamgold, and IPT - Impact Silver. I'm sure there were many others, but these are the ones I'm interested in and have been following.
I did have Brigus Gold and New Gold but sold out of those positions when gold showed weakness. I usually can identify a temporary top but have trouble with the rebuy after it corrects.
ORM - Oremex had news today that might be of interest, and I'll make a separate post on that.
In the meantime, I'm looking to rebuy New Gold, Brigus and add to AGE - Adventure Gold. This one has an exciting portfolio of properties in Timmins.
From their website:
Adventure Gold holds quality assets in Val d'Or, Timmins West as well as along the Casa-Berardi-Cameron and Detour Lake Gold Breaks. The Company is led by a focused and experienced management team and a technical team with exploration to production experience.
http://www.adventure-gold.com/home/en/
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