Contrarian Stock Market Investing News - Featuring Bargain Stocks » Silver Bear 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 Tuesday, November 11, 2008 http://www.contrarianprofits.com/articles/resource-stock-roundup-tuesday-november-11-2008/8237 http://www.contrarianprofits.com/articles/resource-stock-roundup-tuesday-november-11-2008/8237#comments Tue, 11 Nov 2008 20:50:54 +0000 Doug Casey http://www.contrarianprofits.com/?p=8237 It was a mixed start to the trading week with the big board issues taking on gains, while the junior explorers faced some profit taking during Monday’s session on the Canadian markets. For the tale of the tape, the TSX Exchange added a modest 0.96%, while the TSX Gold Index surged 6.1% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.85% with the declining issuers out pacing the advancers by a 462 to 277 margin on volume of 138 million shares traded.

After much debate, Rockgate Capital and Delta Exploration have come to terms that would see Rockgate take over Delta. Under the proposal, Delta shareholders will receive 0.50 of a Rockgate share for each Delta share held.…

]]> It was a mixed start to the trading week with the big board issues taking on gains, while the junior explorers faced some profit taking during Monday’s session on the Canadian markets. For the tale of the tape, the TSX Exchange added a modest 0.96%, while the TSX Gold Index surged 6.1% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.85% with the declining issuers out pacing the advancers by a 462 to 277 margin on volume of 138 million shares traded.

After much debate, Rockgate Capital and Delta Exploration have come to terms that would see Rockgate take over Delta. Under the proposal, Delta shareholders will receive 0.50 of a Rockgate share for each Delta share held. Rockgate ended the day unchanged at C$0.37, while Delta closed down C$0.005 at C$0.115.

It was a good day for Silver Bear Resources after the company reported drill results from its Mangazeisky silver project in Russia. Highlights included 1,639 grams silver per tonne over 5.6 metres. Silver Bear ended the day up C$0.05 at C$0.43.

Tarsis Capital tagged some nice holes at its Goz Creek property in the Yukon but no one cared. Highlights included 27.91 metres grading 17.19 per cent zinc and 39.67 grams silver per tonne and 27.50 metres grading 12.83 per cent zinc and 10.91 grams silver per tonne. Tarsis ended the day flat at C$0.05.

Ecuadorean President Rafael Correa stated that the long awaited mining bill for that country will be tabled this week. If approved, the law will lift a government ban on mining activity that started in April. On this news key country players Corriente Resources dropped C$0.04 to close at C$2.90 and Iamgold added C$0.44 at C$4.61.

Despite news of a massive injection of capital into Chinese infrastructure projects, investors remain hesitant to pile back into the resource sector. We will see what Tuesday trading has in store.

Source: Resource Stock Roundup Tuesday, November 11, 2008

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