Gold Seeker Closing Report: Gold and Silver Reverse Early Losses and End Near Unchanged

	Close	Gain/Loss
Gold	$1141.95	UNCH
Silver	$18.46	+$0.02
XAU	185.85	+0.63%
HUI	477.24	+0.72%
GDM	1410.48	+0.54%
JSE Gold	2556.09	-55.09
USD	75.28	+0.21
Euro	149.18	-0.44
Yen	112.34	+0.39
Oil	$77.46	-$2.12
10-Year	3.349%	-0.017
T-Bond	120.8125	+0.3125
Dow	10332.44	-0.90%
Nasdaq	2156.82	-1.66%
S&P	1094.90	-1.34%

Gold rose a few dollars to as high as $1145.65 in Asia before it fell back off in London and New York to see a loss of $12.20 at as low as $1129.75 by about 11:15AM EST, but it then rallied back higher in the last couple of hours of trade and ended unchanged on the day. Silver followed a similar pattern and ended well of its low of $18.135 with a gain of 0.11%.

Euro gold rose to about €766, platinum lost $3.50 to $1434.50, and copper fell a few cents to about $3.08.

Gold and silver equities fell nearly 3% by late morning, but they then rallied back higher throughout most of the afternoon and ended with slight gains.

Report	For	Reading	Expected	Previous
Initial Claims	11/14	505K	504K	505K
Leading Indicators	Oct	0.3%	0.4%	1.0%
Philadelphia Fed	Nov	16.7	12.2	11.5

Oil fell back under $78 as the U.S. dollar index and treasuries rose on a renewed round of economic inspired risk aversion that sent the Dow, Nasdaq, and S&P roughly 1% lower on the day.

Among the big names making news in the market today were Sony, SABMiller, Tyson Foods, Sears, AOL, Facebook, and Blackstone.

“As I noted yesterday... and as Dennis Gartman mentioned as well... there's a huge pile of December gold call options at the $1,200 strike price. The CME preliminary report for Wednesday's trading shows that there are still 28,157 call options at that price... down 1,696 from what was reported on Tuesday. But there are also 9,187 call options at $1,300... 12,319 at $1,400 and a huge 15,658 at $1,500... plus 2,892 at $1,700... 9,696 at $2,000... and 5,189 gold call options at $2,500. These are big numbers! Either somebody knows something... or there are a lot of traders out there that want to throw their money away, regardless of the price of the option when they bought it. And, as I said yesterday, all of this will be settled by the close of trading on Monday, November 23rd... either in or out of the money. The next three days of trading activity could prove interesting.”– From Ed Steer’s Gold & Silver Daily, read the full report here.

Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.66 tonnes and the JSE added 0.12 tonnes.

COMEX Gold Trust (IAU) Total Tonnes in Trust: 79.81 - No change from yesterday’s data.

Silver Trust (SLV) Total Tonnes in Trust: 9,021.31: +67.23 change from yesterday’s data to a new record high holding.

New Gold’s (NGD) suspended mining operations, Great Basin’s (GBG) closed bought deal financing, Solitario’s (XPL) exploration plans, Rubicon’s (RBY) drill results, Apollo Gold’s (AGT) assay results, SNS Silver’s (SNS.V) mine plan, and ECU Silver’s (ECU.TO) monthly operations report were among the big stories in the gold and silver mining industry making headlines today.

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

Pacific Rim Mining Corp.: CAFTA Proceedings Begin as Tribunal Constituted - More
- November 19, 2009 | Item | E-mail

Gold Production Started on Mexoro's Minerals Ltd. Cieneguita Property in Mexico - More
- November 19, 2009 | Item | E-mail

Puget Completes Norpax Drill Program; Extends Mineralisation of Deposit - More
- November 19, 2009 | Item | E-mail

Clarification of Noront Resources intersects high grade platinum, drilling now confirms continuity at Eagle's Nest - More
- November 19, 2009 | Item | E-mail

Merrex Airborne Survey Confirms Strike Extension of Siribaya Zone 1B - More
- November 19, 2009 | Item | E-mail

Financings hit record on Canada's top exchange - "Companies have raised a record amount of money on the Toronto Stock Exchange this year, the latest sign of how strongly markets have rebounded from the global financial crisis." More
- November 19, 2009 | Item | E-mail

Eastmain Mine Property - Anomalous gold detected along 6-km trend - More
- November 19, 2009 | Item | E-mail

Coro Intersects 36 Metres at 2.43% Copper 0.102% Molybdenum 5.8 g/t Silver at Llancahue Property - More
- November 19, 2009 | Item | E-mail

Orebodies Expands Work Program on Lithium/Rare Metals Properties - More
- November 19, 2009 | Item | E-mail

White Pine Resources Inc. to Extend Term of Warrants - More
- November 19, 2009 | Item | E-mail

Gowest Quadruples Land Position in Timmins Area by Acquiring Goldcorp Properties Adjacent to Its Frankfield East Gold Deposit - More
- November 19, 2009 | Item | E-mail

Golden Peaks Resources Ltd. - La Fortuna Gold Project Update & Start of Drilling - More
- November 19, 2009 | Item | E-mail

Colt Resources Inc. completes third and final closing of private placement financing announced on June 18th 2009 - More
- November 19, 2009 | Item | E-mail

Decade Resources Ltd.: Further Gold and Base Metal Assays - More
- November 19, 2009 | Item | E-mail

Azteca Gold Announces Two Mile Down-Hole Geophysics Update - More
- November 19, 2009 | Item | E-mail

Virginia Closes a CA $2.5 M Flow-Through Private Financing - More
- November 19, 2009 | Item | E-mail

New Guinea Gold: Investor Update Webcast on November 23 - More
- November 19, 2009 | Item | E-mail

Commander: Final Approvals for AngloGold Baffin Farm-In and JV - More
- November 19, 2009 | Item | E-mail

Skyline Gold Secures Additional Mineral Tenure at Bronson Slope - More
- November 19, 2009 | Item | E-mail

Romarco Relocates to Toronto - More
- November 19, 2009 | Item | E-mail

Avalon Updates Progress on Prefeasibility Study, Nechalacho Rare Earth Elements Deposit, Thor Lake, NWT and on East Kemptville Tin-Indium Project - More
- November 19, 2009 | Item | E-mail

Kirrin Resources Announces $800,000 Flow-Through Offering - More
- November 19, 2009 | Item | E-mail

Odyssey Announces Winter 2010 Drill Programs at Auclair and FCI - More
- November 19, 2009 | Item | E-mail

CZM Receives NI 43-101 Mineral Resource Estimates for the TAG Au-Ag Property, B.C. - More
- November 19, 2009 | Item | E-mail

RJK in formal discussions for business arrangement with Holmer Silver in Cuba - More
- November 19, 2009 | Item | E-mail

TNR Gold/International Lithium Reports Significant Rare Metal Mineralization and Extends Lithium Anomaly 1.1 Kms-Mavis Lake, Ont - More
- November 19, 2009 | Item | E-mail

Corex Gold Expands Santana Gold Project with Significant Drill Intercepts - More
- November 19, 2009 | Item | E-mail

Cluff Gold plc - Additional Listing - More
- November 19, 2009 | Item | E-mail

Cartier Extends a Gold-Bearing Zone on the Dollier Property - More
- November 19, 2009 | Item | E-mail

Mustang and Sagkeeng First Nation Conclude Memorandum of Understanding for Manitoba Nickel Projects - More
- November 19, 2009 | Item | E-mail

Northern Star Announces Further Drill Results - More
- November 19, 2009 | Item | E-mail

Robert Collette Appointed to Advisory Boards of Apella and Power Vanadium - More
- November 19, 2009 | Item | E-mail

UEX Reports Results of 2009 Drilling on the Shea Creek Uranium Project: Highlights Include 1.02% eU(3)O(8) Over 141.4 Metres Including 5.55% eU(3)O(8) - More
- November 19, 2009 | Item | E-mail

Lithic Increases Crypto Zinc Resource by 40%, Adds Copper and Indium - More
- November 19, 2009 | Item | E-mail

Hinterland Exploration Update, Kipawa REE-Zr-Y Project, Quebec - More
- November 19, 2009 | Item | E-mail

Royal Standard Minerals (RYSMF) Announces High Priority Project Updates - More
- November 19, 2009 | Item | E-mail

Northern Freegold Intersects 9.68 g/t Gold over 4.47 m in Step-Out Drilling to the Southwest in the Nucleus Zone at Freegold Mountain, Yukon - More
- November 19, 2009 | Item | E-mail

Source Gold Corp. Completes Targeted Preliminary Exploration Program - More
- November 19, 2009 | Item | E-mail

Constantine Reports Positive Mineralogy and Metallurgical Projections for Palmer VMS Project, Alaska - More
- November 19, 2009 | Item | E-mail

Midland Strengthens Its Position With Strong REE Potential in the Strange Lake Deposit Area, Quebec - More
- November 19, 2009 | Item | E-mail

Lions Gate Metals Inc.: Aeroquest Engaged to Perform Airborne Geophysical Survey on Poplar - More
- November 19, 2009 | Item | E-mail

Ironwood Gold Corp. Appoints V.P. Exploration, Dr. Howard Lahti to Board of Directors - More
- November 19, 2009 | Item | E-mail

Bullion Monarch Announces the Appointment of John DeMara to the Board and Updates Progress in Royalty Litigation Against Newmont and Barrick - More
- November 19, 2009 | Item | E-mail

TintinaGold Provides 2009 Exploration Program Final Results Including 128.3 Meters of 0.6 Grams Au/Tonne at Colorado Creek - More
- November 19, 2009 | Item | E-mail

Sultan Minerals Identifies High Priority Geophysical Target on its Kena Gold-Copper Property, BC - More
- November 19, 2009 | Item | E-mail

Canadian Arrow drills sulphide mineralization at Glatz nickel project - More
- November 19, 2009 | Item | E-mail

Lake Shore Gold Announces Plans to Aggressively Advance Timmins Projects, Arranges $100 Million In Financing - More
- November 19, 2009 | Item | E-mail

Venga: GMI Resumes Liberian Gold Mining Operations - More
- November 19, 2009 | Item | E-mail

Salazar Provides Corporate Update - More
- November 19, 2009 | Item | E-mail

Kaminak Identifies New "Granite-Hosted" Style of Gold Mineralization on the Coffee Property: Additional 284 Claims Staked to Cover Priority Targets - More
- November 19, 2009 | Item | E-mail

Sutter Gold Provides Technical Update - More
- November 19, 2009 | Item | E-mail

American Energy Production Inc. Announces Wholly Owned Subsidiary Oil America Group Inc. Doubles Gold Claim Acreage - More
- November 19, 2009 | Item | E-mail

Ireland Inc. Completes $6.25 Million Financing - More
- November 19, 2009 | Item | E-mail

Noront Resources intersects high grade platinum, drilling now confirms continuity at Eagle's Nest - More
- November 19, 2009 | Item | E-mail

Champion Minerals Outlines 503.3 Million Tonne Inferred Resource Grading 28.0% Iron on Bellechasse and Fire Lake North Claim Blocks of the Fermont Iron Property - More
- November 19, 2009 | Item | E-mail

Quest Discovers a New Rare Earth Intrusive Complex South of Strange Lake, Quebec - More
- November 19, 2009 | Item | E-mail

Mega Uranium Ltd.: Environmental Referral Documents Lodged for the Lake Maitland Project - More
- November 19, 2009 | Item | E-mail

JOURDAN Acquires the Baude Lake REE's Property in Prospective New Alkaline Intrusive Complex of Central Quebec, With a Historic 4 Ton Bulk Sample Grading... - More
- November 19, 2009 | Item | E-mail

Silver Shield Increases Gold Property Holdings in West Timmins Area - More
- November 19, 2009 | Item | E-mail

Latin American Minerals Inc. Announces Addition of Richard Boulay to the Board of Directors - More
- November 19, 2009 | Item | E-mail

MetalCORP and Pic River First Nation Sign Memorandum of Understanding - More
- November 19, 2009 | Item | E-mail

Oroco Resource Corp. Announces Initial Closing of Private Placement and Increase in the Number of Units - More
- November 19, 2009 | Item | E-mail

New Gold shuts mine after Mexico court ruling - "Shares of New Gold Inc (NGD.TO) dropped more than 17 percent on Thursday after the company said it had suspended mining at its Cerro San Pedro mine in Mexico following an order from authorities in the country." More
- November 19, 2009 | Item | E-mail

Great Basin Gold Announces Closing of C$126.5 Million Bought Deal Public Offering of Convertible Debentures - "Great Basin Gold Ltd. ("Great Basin Gold" or the "Company"), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces that it has closed its previously announced bought deal offering of senior unsecured convertible debentures (the "Debentures") with a syndicate of underwriters (the "Offering"). The underwriters have exercised their over-allotment option resulting in aggregate gross proceeds of C$126.5 million." More
- November 19, 2009 | Item | E-mail

Solitario Exploration & Royalty Updates 2010 Exploration Plans - "Solitario Exploration & Royalty Corp. (NYSE Amex: XPL) (TSX: SLR - News) ("Solitario") announced that it is in the final planning stage for two new drilling programs in 2010. The first drilling campaign will be conducted on its 100%-owned La Noria copper oxide property in the state of Sonora, Mexico, during the first quarter of 2010. The second drilling project will be on its Cajatambo gold-silver property in central Peru." More
- November 19, 2009 | Item | E-mail

SNS Silver and Syringa Exploration Announce Crescent Mine Plan - "We are most pleased with the outcome of the mine plan as it confirms the model that our technical team had initially envisioned. This plan is a key component that will allow for Syringa to secure the necessary funding that is required as it attempts to return the Crescent to its former glory as the highest grade silver mine within the Silver Valley. Our timing is fortuitous as recent rising silver prices continue to have a positive impact on the forecasted economics." More
- November 19, 2009 | Item | E-mail

Rubicon Continues to Expand F2 Gold Zone, Red Lake, Ontario - "New results continue to expand the F2 Gold system, where 91,100 metres of drilling have been completed to date (see news releases since March 12, 2008 and www.rubiconminerals.com for details). The current drill program is testing a 1200-metre by 1600-metre target area, and is referred to as the '9X drill plan'. Significant new results are summarized below and all new results are presented in Table 1 and Figures 1 and 2." More
- November 19, 2009 | Item | E-mail

Apollo Gold Announces Additional Assay Results for Its Grey Fox Drilling Program - “Drilling continues to intersect mineralized zones within the identified Contact Fault Zone,” says Richard Nanna, Vice President-Exploration for Apollo. “It is also encouraging that all holes drilled and assayed to date have intersected the mineralization and indicate that it may continue to trend onto our newly acquired Pike River Property. We are now in the planning stages of developing a drilling program to follow the mineralization north onto Pike River.” More
- November 19, 2009 | Item | E-mail

ECU Silver Reports on Gold and Silver for the Month of October - "In total, the Company treated 16,914 tonnes (mt) of mineralized material during the month of October with 15,694 mt being treated at the Oxide Mill over 30 days and 1,220 mt treated at the Sulphide Mill in 4 days. The Oxide Mill continues to perform very well at an average rate of 523 tonnes per day (tpd) during the month of October." More
- November 19, 2009 | Item | E-mail

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