Contrarian Stock Market Investing News - Featuring Bargain Stocks » Jura Energy 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, May 15th, 2009 http://www.contrarianprofits.com/articles/resource-stock-roundupfriday-may-15th-2009/16755 http://www.contrarianprofits.com/articles/resource-stock-roundupfriday-may-15th-2009/16755#comments Fri, 15 May 2009 18:58:52 +0000 Doug Casey http://www.contrarianprofits.com/?p=16755 In a reversal of fortunes, the bulls bounced back with a vengeance to gain back most of Wednesday’s losses during Thursday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange added 1.44%, while the TSX Gold Index climbed 0.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.66% with the decliners edging out the advancers by a 393 to 382 margin on 212 million shares traded.
The big percentage gainer for the day was Jura Energy. The company reported that gas shows were observed over a 480 metre section on its Rafay-1 well and gas shows over 1,300 metres in its Jamali Deep-1 well both in Pakistan. Jura added C$0.245 to close…

]]> In a reversal of fortunes, the bulls bounced back with a vengeance to gain back most of Wednesday’s losses during Thursday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange added 1.44%, while the TSX Gold Index climbed 0.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.66% with the decliners edging out the advancers by a 393 to 382 margin on 212 million shares traded.
The big percentage gainer for the day was Jura Energy. The company reported that gas shows were observed over a 480 metre section on its Rafay-1 well and gas shows over 1,300 metres in its Jamali Deep-1 well both in Pakistan. Jura added C$0.245 to close at C$0.345.

Iamgold (NYSE:IAG) posted a first quarter profit of $52.5 million, or $0.17 per share, compared with $34.4 million, or $0.12 per share, in the same period a year earlier. The gold miner benefited from a sizeable tax gain of $29.4 million on the sale of gold bullion. Iamgold ended the day down C$0.11 at C$11.45.

Denison Mines (AMEX:DNN) tabled a loss of $1.3 million or $0.01 per share in the first quarter. The miner sold 225,000 pounds U3O8 during the quarter from U.S. production at an average price of $66.03 per pound and 98,000 pounds U3O8 from its Canadian production under an existing long-term contract at an average price of $49.91 per pound. Denison ended the day up C$0.02 at C$2.24.

The 10,000 point mark on the big board appears to be a resistant mark, while the junior board is keeping its head above the crucial 1,000 point threshold. We shall see what Friday trading has in store.


Source: Resource Stock Roundup:Friday, May 15th, 2009

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