In theory, mining equities can act as a leveraged play on gold, viz.: Mining costs $700 per oz; gold price $800 per oz.; profit $100 per oz. Mining costs $700 per oz; gold price $900 per oz.; profit $200 per oz. (i.e., doubled) ...
As well, shares of ATW Gold (TSX: V.ATW, Stock Forum) surged as much as 13% before closing up 4% to 48 cents as the micro cap explorer reported additional drill results from its wholly-owned Burnakura Gold Mine in Western Australia, ...
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But if it can break out, gold could easily run up to $940 and higher. There are also fundamental reasons to be bullish in the longer term … Gold’s Three Bears Are Balanced by Three Bulls. Bull #1 — Gold mine supply peaked in 2001 ...
Barrick is primarily a gold miner, but it also has copper and zinc mining operations. As far as investors are concerned, there are two ways to look at that: It’s not a pure play, per se, but then again, this is a company stock, ...
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Gold Miner Gold, diamonds and dynamite? That's right, you're a gold miner and it's your job to mine as much gold and come out with the most amount of money you can. Are you ready?
SPDR Gold Shares (GLD) is up 0.2%. Market Vectors Gold Miners (GDX) is down 0.8%. ETF Power Play - The Bank of England on Thursday dropped its benchmark interest rate to the lowest level since the central bank's founding in 1694 in ...
