Contrarian Stock Market Investing News - Featuring Bargain Stocks » Colossus Minerals http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Resource Stock Roundup:Friday, June 05th, 2009 http://www.contrarianprofits.com/articles/resource-stock-roundupfriday-june-05th-2009/17591 http://www.contrarianprofits.com/articles/resource-stock-roundupfriday-june-05th-2009/17591#comments Fri, 05 Jun 2009 19:29:33 +0000 Doug Casey http://www.contrarianprofits.com/?p=17591 In a reversal of fortunes, the commodity heavy Canadian Markets made back a good chunk of Wednesday’s sell-off during Thursday trading. For the tale of the tape, the TSX Exchange rallied 1.82%, while the TSX Gold Index climbed 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 2.27% with the advancers beating out the decliners by a 495 to 359 margin on a robust 220 million shares traded.
Hathor Exploration cut 2.5 metres grading 70 per cent U308 at its Roughrider discovery on its 90 per cent held Midwest Northeast property in Saskatchewan. Of the 23 holes reported, 20 intersected uranium mineralization. Hathor ended the day up C$0.07 at C$2.23.

Colossus Minerals tagged more big numbers from its Serra Pelada project…

]]> In a reversal of fortunes, the commodity heavy Canadian Markets made back a good chunk of Wednesday’s sell-off during Thursday trading. For the tale of the tape, the TSX Exchange rallied 1.82%, while the TSX Gold Index climbed 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 2.27% with the advancers beating out the decliners by a 495 to 359 margin on a robust 220 million shares traded.
Hathor Exploration cut 2.5 metres grading 70 per cent U308 at its Roughrider discovery on its 90 per cent held Midwest Northeast property in Saskatchewan. Of the 23 holes reported, 20 intersected uranium mineralization. Hathor ended the day up C$0.07 at C$2.23.

Colossus Minerals tagged more big numbers from its Serra Pelada project in Brazil. Highlights included 27.9 metres grading 35.49 grams gold per tonne, 19.89 grams platinum and 25.14 grams palladium. Colossus ended the session at C$3.50 for a C$0.12 gain.

Greystar Resources may have put out news of a new discovery on its Angostura deposit in Colombia but it is the neighboring Ventana Gold that has shareholders smiling. Ventana appointed Robert Pirooz to the board of directors. Mr. Pirooz is general counsel for Pan American Silver (NASDAQ:PAAS). Ventana reported a 94.5 metre intercept grading 5.83 grams gold per tonne from its La Bodega property. Lumina Capital holds 16.9 per cent of Ventana. Greystar closed up C$0.06 at C$3.80, while Ventana added C$1.22 to close at C$3.45.

After one day’s rest, the resource mojo is back for investors. We shall see what Friday trading has in store.


Source: Resource Stock Roundup:Friday, June 05th, 2009

]]> http://www.contrarianprofits.com/articles/resource-stock-roundupfriday-june-05th-2009/17591/feed 0 Resource Stock Roundup:Tuesday, January 13th, 2009 http://www.contrarianprofits.com/articles/resource-stock-rounduptuesday-january-13th-2009/11392 http://www.contrarianprofits.com/articles/resource-stock-rounduptuesday-january-13th-2009/11392#comments Tue, 13 Jan 2009 19:37:46 +0000 Doug Casey http://www.contrarianprofits.com/?p=11392 It was a sea of red during Monday trading on the Canadian Markets with the oils and gold guys being the hardest hit. For the tale of the tape, the TSX Exchange fell 3.27%, while the TSX Gold Index dropped 4.2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 3.36% with the declining issuers edging out the advancers by a 491 to 224 margin on volume of 108 million shares traded.

Colossus Minerals tagged an impressive 60.5 metres grading 14.37 grams gold per tonne, 1.81 grams platinum per tonne and 2.46 grams palladium per tonne at its Serra Pelada project in Brazil. Colossus ended the day up C$0.16 at C$1.43.

Happy Creek Minerals returned 177 metres of 0.366% copper at…

]]> It was a sea of red during Monday trading on the Canadian Markets with the oils and gold guys being the hardest hit. For the tale of the tape, the TSX Exchange fell 3.27%, while the TSX Gold Index dropped 4.2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 3.36% with the declining issuers edging out the advancers by a 491 to 224 margin on volume of 108 million shares traded.

Colossus Minerals tagged an impressive 60.5 metres grading 14.37 grams gold per tonne, 1.81 grams platinum per tonne and 2.46 grams palladium per tonne at its Serra Pelada project in Brazil. Colossus ended the day up C$0.16 at C$1.43.

Happy Creek Minerals returned 177 metres of 0.366% copper at its Rateria property in British Columbia. Happy Creek ended the day up C$0.01 at C$0.06.

Partners Motapa Diamonds and Lucara Diamond recovered 642 diamonds weighing 277.13 carats from a 7,781 tonne sample at the Mothae bulk sample project in Lesotho. Motapa ended the day flat at C$0.195, while Lucara was also unchanged at C$0.60.

Shares of NovaGold Resources (AMEX:NG) fell C$0.23 to C$1.90 after the Toronto Stock Exchange said the company is being reviewed for possible delisting. NovaGold has been granted 210 days in which to comply with listing requirements.

With earnings season about to start, investors ran for the exits in anticipation of some nasty surprises. We will see what Tuesday trading has in store.


Source: Resource Stock Roundup:Tuesday, January 13th, 2009

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