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Gold Seeker Closing Report: Gold and Silver Gain Over 1% and 3%

By: Chris Mullen, Gold-Seeker.com


-- Posted 30 November, 2010 | | Source: SilverSeek.com

 

Close

Gain/Loss

Gold

$1384.70

+$18.80

Silver

$28.08

+$0.99

XAU

213.17

+1.12%

HUI

550.00

+1.36%

GDM

1641.23

+1.26%

JSE Gold

2638.35

-27.12

USD

81.32

+0.52

Euro

129.79

-1.43

Yen

119.49

+0.84

Oil

$84.11

-$1.62

10-Year

2.797%

-0.025

T-Bond

128.71875

+0.5625

Dow

11006.02

-0.42%

Nasdaq

2498.23

-1.07%

S&P

1180.55

-0.61%

 
 

 

The Metals:

 

Gold held near unchanged in Asia and saw decent gains in London before it jumped even higher in New York and ended near its early afternoon high of $1389.75 with a gain of 1.38%.  Silver soared to as high as $28.33 and ended with a gain of 3.65%.

 

Euro gold rose to a new record high of €1063, platinum gained $20.75 to $1656.50, and copper gained over 6 cents to about $3.82.

 

Gold and silver equities rose about 2% by early afternoon and remained near that level for the rest of the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

Case-Shiller 20-city Index

Sep

0.59%

1.0%

1.67%

Chicago PMI

Nov

62.5

59.6

60.6

Consumer Confidence

Nov

54.1

52.0

49.9

 

Tomorrow brings ADP Employment, Productivity, Unit Labor Costs, the ISM Index, Construction Spending, and the fed’s Beige Book.

 

The Markets:

 

Charts Courtesy of http://finance.yahoo.com/

 

Oil fell as the U.S. dollar index rose on continued debt worries in Europe that sent the euro lower once again.

 

Treasuries rose as the Dow, Nasdaq, and S&P fell on Eurozone worries, but mostly better than expected economic data limited losses.

 

Among the big names making news in the market today were Barnes & Noble, Google, Bank of America, and Fannie Mae and Freddie Mac.

 

The Commentary:

 

“I’m getting some of the best bullish technical signals in quite a long time on gold. Yes, I know, everywhere you turn articles on seemingly everybody and their mother predicting at the bare minimum a significant correction for gold if not outright a top. Hmmm…. Where did I hear this before…..? Oh yeah, the second time we went through a $1,000 and pulled back.

 

Gold has made a higher high and a higher low after it’s virtual straight up march from August. A close above $1,385 and the “mother” of all bull markets is on its way to $1,500. Remember, it’s my belief the mother of all bull markets doesn’t end until the price of gold has a 2 ($2,000+) in front of it.”- Peter Grandich, Grandich Letter

 

Dear CIGAs,

 

Considering the fact that today is the end of the month and that during such times, many markets that have been in uptrends see some price weakness as traders book profits, gold, and silver for that matter, displayed impressive strength as buyers went to work. One can only suspect that December should start off very well for the fans of both metals based on what we saw today as overhead resistance levels were shattered and both markets appear to have broken out of recent consolidation patterns and look poised to move higher.

 

If that wasn’t enough, Gold priced in terms of the Japanese Yen made a 27 year high today. When priced in terms of the British Pound and the Euro, it set new lifetime highs respectively. It also is within a few francs of setting a lifetime high in terms of the Swiss Franc.

 

Clearly unrest regarding the sovereign debt crises of some of the Euro nations is bringing strong demand from the continent into gold and silver for that matter as silver made a new record high when priced in terms of the Euro.

 

One can easily make the case that a crisis of confidence in the current monetary system is manifesting itself in no uncertain terms. Seeing that the fiat system relies on the confidence of the investing public to support it, where does this now leave the global investment community? Bonds may be moving higher as a safe haven but they are a fool’s charade, a mirage, that will leave those who chase them forlorn and broken. When all the glamour is swept aside, they are nothing more than mere IOU’s from nations who have spent themselves into a black hole.

 

Bonds look to me like they are at a crossroads here. The long bond has moved back up to retest the former broken support level near 129^15. That level is serving as resistance now. If they fall back away from this level it will bring in additional selling and push them back down towards 125. If they can muster a close back above this level, they will have once again managed to snatch victory from the jaws of defeat. That is the reason it is difficult to be too aggressive towards these things. There are so many undercurrents that are impacting their price movement at this time.

 

The Dollar continues trekking merrily higher and it is benefiting from continued woes regarding the various nations that are having problems in the EU. It looks like it has a shot at moving towards 83.50 where it should attract some rather strong selling even with the current sad state of the European monetary union. As stated in my recent radio interview, all of these fiat currencies have their own particular set of problems and that is why gold is divorcing itself from its former nearly tic by tic inverse movement with the Dollar. The yellow metal is trading as a currency in its own stead and has pretty much been ignoring the Dollar of late.

 

I do not see much in the way of overhead resistance to Silver until it nears 28.90. If it closes above that level, it will run to $30 in short order.

 

The HUI needs a closing print above 557 to encourage additional buying and to give it a decent shot at challenging the 580 level. Many individual companies within the mining sector are going to show some impressive profits come reporting time.

 

Crude oil looks like it has established a pretty solid floor near the $80 barrel level. It appears to be attempting to “grind higher” on the weekly price chart.- Dan Norcini, More at JSMineset.com

 

GATA Posts:

 

 

IMF says it sold less gold in October

German bank's analyst urges gold transparency, praises GATA

Senate fails to repeal $600 tax-filing requirement

European bond trouble worsens despite bailout for Ireland

Silver can cure your portfolio, and maybe colds too

Gold to $2,000, silver to $60 without world's collapse, Agnico CEO Boyd says

Amsterdam Gold offers limited edition GATA silver coin

 

The Statistics:

Activity from: 11/29/2010

Gold Warehouse Stocks:

11,452,793

+1,836

Silver Warehouse Stocks:

108,004,162

+743,072

 

Global Gold ETF Holdings

[WGC Sponsored ETF’s]

 

 

Product name

Total Tonnes

Total Ounces

Total Value

New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx)

SPDR® Gold Shares

1286.603

41,365,561

US$57,210m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)

Gold Bullion Securities

123.25

3,962,575

US$5,495m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam

ETFS Physical Gold

132.53

4,261,088

US$5,909m

Australian Stock Exchange (ASX)

Gold Bullion Securities

14.21

475,141

US$633m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

51.01

1,639,967

US$2,222m

NASDAQ Dubai

Dubai Gold Securities

0.154

4,965

US$7m

Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.519 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 107.03 - No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10, 711.23 - No change from yesterday’s data.

 

The Miners:

 

Gold Field’s (GFI) acquisition of shares in Atacama Pacific Gold Corporation, Aurizon’s (AZK) award, Kinross Gold’s (KGC) $10 million commitment to develop a mining school in Mauritania, Brigus Gold’s (RBD) drill results, Midway’s (MDW) drill results, Fronteer’s (FRG) drill results, Gold Resource’s (GORO) dividend, and Alexco’s (AXU) drill results were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Almaden

AAU+17.68% $4.46

2.  Kimber

KBX+16.54% $1.48

3.  US Gold

UXG +9.52% $6.56

 

LOSERS

1.  Buenaventura

BVN-5.98% $50.64

2.  Banro

BAA -2.36% $2.90

3.  Rubicon

RBY -2.32% $5.90

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

       

All of today's gold and silver stock news:

Mountain Boy Minerals Ltd.: Flow-Through Non-Brokered Private Placement to Raise Up to $775,000 - More
- November 30, 2010 | Item | ShareThis


Western Troy Announces Closings of Private Placements, Retains Fugro Airborne Surveys for Work at Its Deborah Lake Copper/Gold Prospect - More
- November 30, 2010 | Item | ShareThis


Stillwater Mining Company Completes Acquisition of Marathon PGM Corporation - More
- November 30, 2010 | Item | ShareThis


Aldridge Minerals Announces the Appointment of New Chairman, New Executive Director and New Chief Financial Officer - More
- November 30, 2010 | Item | ShareThis


Minera IRL-Exercise of Options and Total Voting Rights - More
- November 30, 2010 | Item | ShareThis


Gold Fields Acquires Common Shares of Atacama Pacific Gold Corporation - "Gold Fields Limited (NYSE:GFI - News)(NASDAQ:GFI - News)(JSE: GFI)(DUBAI: GFI) announced today that its indirect wholly-owned subsidiary, Gold Fields Metals B.V. ("Gold Fields"), acquired 1,630,870 common shares of Atacama Pacific Gold Corporation ("Atacama") in connection with Atacama's initial public offering on November 10, 2010." More
- November 30, 2010 | Item | ShareThis


Callinan Releases Q1 Financial Statements - More
- November 30, 2010 | Item | ShareThis


Canuc Resources to Option Mill Village Gold property, Liverpool Nova Scotia - More
- November 30, 2010 | Item | ShareThis


Aurizon Receives Award From Aemq - "Aurizon Mines Ltd. (TSX:ARZ.to - News) ("Aurizon") is very pleased to announce that the Company, together with Typhoon Exploration Inc., ("Typhoon") has received the "2010 Entrepreneur of the Year" award from the Association de l'exploration miničre du Québec (AEMQ) at the recent Quebec Exploration 2010 convention. The award was presented to Aurizon and Typhoon in recognition of the exploration results achieved in recent months on the Fayolle project, which is situated 10 kilometres north of Aurizon's Joanna project, in the heart of the Abitibi gold camp." More
- November 30, 2010 | Item | ShareThis


AM Gold Expands Zone of Known Gold Mineralization Approximately 270 m Northeast of ICE10028 at Red Mountain - More
- November 30, 2010 | Item | ShareThis


Rio Alto Completes First Tranche of Private Placement for C$12.8 Million - More
- November 30, 2010 | Item | ShareThis


Stans Energy Corp. Announces Initiation of JORC Resource Estimate for Kalesay Beryllium Deposit - More
- November 30, 2010 | Item | ShareThis


Yale Finalizes Option for the Los Amoles Property, Sonora State - More
- November 30, 2010 | Item | ShareThis


Ethos Acquires Gold Properties in the Emerging White Gold District-Dawson Range, Yukon Territory, Announces Financing - More
- November 30, 2010 | Item | ShareThis


Platinex Releases More Historic Drilling Results on Shining Tree Gold Property - More
- November 30, 2010 | Item | ShareThis


Formation Metals Mandates BNP Paribas to Arrange Idaho Cobalt Project Debt - More
- November 30, 2010 | Item | ShareThis


Greencastle Provides Third Quarter Update - More
- November 30, 2010 | Item | ShareThis


Bell Copper Corporation - Corporate Update - More
- November 30, 2010 | Item | ShareThis


Luiri Gold Limited: Resignation of Directors - More
- November 30, 2010 | Item | ShareThis


Aldershot Resources Ltd. Is Fully Disclosed - More
- November 30, 2010 | Item | ShareThis


Helio (HRC:TSX-V) Announces Initial Resource Estimate at SMP Gold Project, Tanzania - More
- November 30, 2010 | Item | ShareThis


Pro Minerals Inc.: Shining Tree Gold Project-Ontario Drilling to Commence - More
- November 30, 2010 | Item | ShareThis


Nord Resources Appoints Wayne Morrison as CEO - More
- November 30, 2010 | Item | ShareThis


Stellar Pacific Ventures Inc.: Common Share Units and Flow-Through Units Offering Announced - More
- November 30, 2010 | Item | ShareThis


TASMAN'S NORRA KARR PROJECT CONFIRMED AS A LARGE TONNAGE NI 43-101 COMPLIANT HEAVY RARE EARTH ELEMENT RESOURCE - More
- November 30, 2010 | Item | ShareThis


Kinross Announces $10 Million Commitment to Develop Mining School in Mauritania - "Kinross Gold Corporation (TSX:K - News)(NYSE:KGC - News) today announced that it is committing US$10 million in funding over the next three years to assist the government of Mauritania in establishing a new mining school that will develop a pool of skilled in-country professionals and technical experts to support the future development of Mauritania's mining industry, including the Company's recently acquired Tasiast mine." More
- November 30, 2010 | Item | ShareThis


Orex Field Exploration Shows Encouraging Preliminary Results - More
- November 30, 2010 | Item | ShareThis


Red Mile Minerals Corp. Announces Private Placement - More
- November 30, 2010 | Item | ShareThis


TerraX begins drilling at Blackfly Gold Property, Atikokan, Ontario - More
- November 30, 2010 | Item | ShareThis


Greenlight's Financing over subscribed - More
- November 30, 2010 | Item | ShareThis


Unigold Inc.: Drilling at the Candelones Extension Returns 2.0 g/t Over a 34 Metre True Width and Extends Mineralization Over 3 Kilometres to the South-East - More
- November 30, 2010 | Item | ShareThis


Terra Ventures Inc.: Hathor Upgrades Mineral Resource Estimate for Roughrider Uranium Deposit to 28 M lbs U3O8, including High Grade Zone of 24 M lbs at 11.7% - More
- November 30, 2010 | Item | ShareThis


Houston Lake Reports 2nd Quarter Results - More
- November 30, 2010 | Item | ShareThis


Kootenay Receives Drill Assays as High as 262.4 Grams Per Tonne Silver & 1.1 % Lead/Zinc over 13.5 meters; Including 819 g/t Silver & 2.57% Lead/Zinc - More
- November 30, 2010 | Item | ShareThis


ANACONDA ANNOUNCES STRATEGIC PLAN FOR CHILEAN IRON ORE ASSETS - More
- November 30, 2010 | Item | ShareThis


Sunset Cove Announces Geophysical Survey Results on Its Carolay Property and the Preparation of an Exploratory Diamond-Drilling Program - More
- November 30, 2010 | Item | ShareThis


RJK Acquires Drill Ready Gold Property in the Prolific Uchi Greenstone Belt North Western Ontario - More
- November 30, 2010 | Item | ShareThis


Typhoon Exploration Wins Two Prestigious Awards - More
- November 30, 2010 | Item | ShareThis


Diamonds North Reports High Gold and Silver Values from Far East Project on Amaruk - More
- November 30, 2010 | Item | ShareThis


Garrison Announces Issuance of Shares to a Service Provider - More
- November 30, 2010 | Item | ShareThis


Energy Fuels Expands Uranium Property Position Adjoining Energy Queen Mine - More
- November 30, 2010 | Item | ShareThis


United Mining Group, Inc. Lists on OTCQX Market in the USA - More
- November 30, 2010 | Item | ShareThis


IBC Advanced Alloys Reports First Quarter 2011 Financial Results - More
- November 30, 2010 | Item | ShareThis


Caza Gold Appoints Vice President Exploration - More
- November 30, 2010 | Item | ShareThis


Maya Gold & Silver Completes $1.5 Million Private Placement of Units, Launches Engineering Works at Amizmiz and Will File the NI 43-101 Report - More
- November 30, 2010 | Item | ShareThis


Ventana Announces Additional Drill Results - La Baja Intersects 17 Metres of 6.55 Grams Per Tonne Gold - More
- November 30, 2010 | Item | ShareThis


Silver Falcon Mining, Inc. (SFMI) Pours 283 Pounds of Dore Bars, Proceeds With Stock Buy-Back Program - More
- November 30, 2010 | Item | ShareThis


Bravada and Fortune River Add New Projects - More
- November 30, 2010 | Item | ShareThis


Ocean Park Enters Option Agreement on the Trapper Gold Project in British Columbia - More
- November 30, 2010 | Item | ShareThis


African Gold Group, Inc. Intercepts 64 Meters of 2.57 g/t Au, From Surface and 79 Meters of 1.03 g/t Au-Hole Ends in Mineralization, at Kobada, Mali - More
- November 30, 2010 | Item | ShareThis


Moly Mines Announces Spinifex Ridge Iron Ore Mine in Production - More
- November 30, 2010 | Item | ShareThis


MetalCORP Completes Geophysical and Geochemical Surveys on Pickle and Red Lake Properties - More
- November 30, 2010 | Item | ShareThis


Vantex Intersects 1.39 g/t Au Over 15 Metres on Galloway - More
- November 30, 2010 | Item | ShareThis


Full Metal Intersects 4.40 Meters True Width Averaging 23.63% Zn, 23.71% Pb and 314.2 g/t Ag at LWM Deposit, Fortymile Property, Alaska - More
- November 30, 2010 | Item | ShareThis


Arco Appoints Ben Whiting to Board - More
- November 30, 2010 | Item | ShareThis


Gold American Mining Corp. Successfully Completes Drilling at Guadalupe - More
- November 30, 2010 | Item | ShareThis


Tiex Inc. Announces Agreement With Caracle Creek International Consulting Inc. - More
- November 30, 2010 | Item | ShareThis


Selwyn Announces the Resumption of Fieldwork on Vinata Property - More
- November 30, 2010 | Item | ShareThis


Ucore Field Program Continues to Delineate Heavy Rare Earth Mineralization at Bokan - More
- November 30, 2010 | Item | ShareThis


Estrella Gold Begins Gold Exploration in Dominican Republic - More
- November 30, 2010 | Item | ShareThis


Latin American Minerals Announces Acquisition of the Chiriguelo Niobium/Rare Earth Elements Project - More
- November 30, 2010 | Item | ShareThis


Amarc Commences Drilling at Newton Gold Discovery, British Columbia - More
- November 30, 2010 | Item | ShareThis


Corvus Gold Inc. Announces Closing of CAD 7 Million Private Placement Financings - More
- November 30, 2010 | Item | ShareThis


Focus Acquires High-Grade Silver-Lead-Zinc Project in Peru; Samples up to 107 oz/t Ag, 11.7% Pb, 11.8% Zn over 0.7m - More
- November 30, 2010 | Item | ShareThis


Bayswater Sells Non-Core Assets - More
- November 30, 2010 | Item | ShareThis


Creston Moly Intersects 70.15 Metres of 0.076% Molybdenum - More
- November 30, 2010 | Item | ShareThis


Nemaska Exploration Commences 9,000 m Drill Program and Provides Exploration Update on Whabouchi Lithium/Beryllium Project - More
- November 30, 2010 | Item | ShareThis


Hathor Upgrades Mineral Resource Estimate for Roughrider Uranium Deposit to 28 M lbs U3O8, Including High Grade Zone of 24 M lbs at 11.7% U3O8 - More
- November 30, 2010 | Item | ShareThis


Rainy River Announces Successful Down-Dip Drilling Study - More
- November 30, 2010 | Item | ShareThis


Energizer Resources Releases Updated Resource Estimate; Green Giant Tonnage More Than Doubles - More
- November 30, 2010 | Item | ShareThis


Avion Further Extends Vindaloo Gold Zone With Additional Intersection of 3.14 g/t Au Over 39.8 Metres - More
- November 30, 2010 | Item | ShareThis


Gowest Announces $2,500,000 Offering - More
- November 30, 2010 | Item | ShareThis


Otis Acquires 100% of Kilgore Gold Project - More
- November 30, 2010 | Item | ShareThis


Thundermin and Cornerstone to Commence A New $1.6 Million-12,000 Metre Diamond Drilling Program on the Little Deer Copper Deposit, Newfoundland - More
- November 30, 2010 | Item | ShareThis


Arcus Development Group Inc.: Corporate Update - More
- November 30, 2010 | Item | ShareThis


Alturas Minerals Completes $4.04 Million Financing - More
- November 30, 2010 | Item | ShareThis


Medoro Resources Announces Appointment of Chief Operating Officer - More
- November 30, 2010 | Item | ShareThis


Lundin Mining Announces Further High-Grade Copper Results at New Semblana Deposit and Details Exploration Strategy at Neves-Corvo - More
- November 30, 2010 | Item | ShareThis


Mineral Mountain Plans To Expand Large Gold System By Targeting High Grade Gold Intersections In The Cook Zone Shining Tree Gold District, Ontario - More
- November 30, 2010 | Item | ShareThis


Lara Discovers New Gold Targets on Its Sami Gold Project in Peru - More
- November 30, 2010 | Item | ShareThis


Conquest Reports Profit of $1.845 Million for Third Quarter - More
- November 30, 2010 | Item | ShareThis


Big Red Diamond Options Multiple Claim Blocks in the Carbo Rare Earth Element Area of British Columbia - More
- November 30, 2010 | Item | ShareThis


Lydian Drills 89 m at 1.9 g/t Gold in Resource Extension Drilling at Tigranes and Step Out Drilling at Artavasdes Intersects 46.5 m at 1.2 g/t Gold at Amulsar - More
- November 30, 2010 | Item | ShareThis


Colossus Minerals Provides Update on Development Progress at Serra Pelada - More
- November 30, 2010 | Item | ShareThis


Queenston Intersects 10.43 g/t Au over 17.3 Metres at Upper Canada - More
- November 30, 2010 | Item | ShareThis


Timmins Gold Corp.: Ramp Up to Full Production Proceeding on Schedule During Its Second Quarter of 2010 - More
- November 30, 2010 | Item | ShareThis


PBX Closes Private Placement with Jintian Copper - More
- November 30, 2010 | Item | ShareThis


Firestone Ventures Announces up to 34.3% Zinc from Surface Exploration Program at Black Mountain Zinc-Lead-Silver Property, Nevada - More
- November 30, 2010 | Item | ShareThis


Minera IRL Announces Resource Upgrade, Ollachea Project, Southern Peru - More
- November 30, 2010 | Item | ShareThis


EUROPEAN GOLDFIELDS LIMITED - TURKEY EXPLORATION UPDATE - More
- November 30, 2010 | Item | ShareThis


Inmet Mining to Consolidate Ownership of Cobre Las Cruces to 100 Percent - More
- November 30, 2010 | Item | ShareThis


Brigus Gold Reports Positive Exploration Drilling Results at Black Fox Complex - "Brigus Gold Corp. (“Brigus Gold” or the “Company”) (NYSE Amex: BRD)(TSX:BRD.to - News) has received assay results from 12 drill holes totalling 5,327 metres as part of an ongoing exploration program at the Company’s 100% owned Black Fox Complex located in the Timmins Mining District, Ontario. The current exploration program continues to return positive results and is designed to expand the Black Fox Complex gold resource by systematically drilling mineralized structures." More
- November 30, 2010 | Item | ShareThis


Alexco Discovers Extension of Bellekeno Deposit, Further Underground Drilling Planned - "Alexco Resource Corp. (TSX:AXR - News)(AMEX:AXU - News) ("Alexco" or the "Company") is pleased to announce that step-out surface exploration drilling conducted to the southwest of the newly commissioned Bellekeno Mine has successfully located high grade lead-silver mineralization approximately 130 meters down plunge from the existing Bellekeno resource. The Bellekeno deep drilling program was completed as part of Alexco's planned 2010 25,000 meter drilling program in the Keno Hill Silver District in Canada's Yukon Territory. The one drill hole for which assay results have been received targeted the silver rich "48" vein at depth and within a stratigraphic sequence not previously tested at Bellekeno. For these reasons, the Company attaches considerable significance to this new discovery." More
- November 30, 2010 | Item | ShareThis


Growth Continues at Midway's Spring Valley Gold Project, Nevada - "Midway Gold Corp. announces continued successful drill results from its Spring Valley Project located near Lovelock in central Nevada. The results for the third quarter of 2010, as reported by Barrick, who is earning into the project, combined with the previously reported second quarter 2010 drill results, show that gold mineralization is increasing at depth, to the west, the east and to the northwest." More
- November 30, 2010 | Item | ShareThis


Fronteer Gold: Drilling Delivers More High-Grade to Long Canyon Deposit, Including 13.7 g/t Gold Over 21.3 Metres - "Fronteer Gold (TSX:FRG - News)(AMEX:FRG - News) reports that ongoing drilling continues to return wide intervals of high-grade oxide gold at its wholly owned Long Canyon deposit, located in northeastern Nevada." More
- November 30, 2010 | Item | ShareThis


Gold Resource Corporation Declares Fifth Special Cash Dividend - "Gold Resource Corporation (GORO) (AMEX:GORO - News) declared its fifth 2010 Special Cash Dividend of $0.03 per common share to its shareholders of record December 14, payable December 27, 2010. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico." More
- November 30, 2010 | Item | ShareThis

- Chris Mullen, Gold Seeker Report

 

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Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

 

 

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.


-- Posted 30 November, 2010 | |


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