Avion Resources and Dynamite Resources are the latest wedding candidates with Avion proposing 0.75 of an Avion share for each Dynamite share. The move would consolidate ownership of the Tabakoto-Segala gold mine in Mali. Dynamite ended the day up C$0.005 at C$0.155, while Avion added C$0.02 at C$0.23.

Terrane Metals got a boost after announcing that it had received the Environmental Assessment Certificate for the province of British Columbia for its Mt. Milligan copper-gold project. Terrane ended the session up C$0.06 at C$0.25.

Meanwhile, Hawthorne Gold tabled an inferred resource of some 33 million metric tons grading 0.99 gram gold per ton for its Taurus deposit in British Columbia, Hawthorne closed out the day at C$0.275 for a C$0.02 gain.

Strathmore Minerals tabled resource estimates for its Nose Rock and Dalton Pass uranium properties in New Mexico. Nose Rock hosts a measured and indicated resource of 884,091 tons running 0.147% U3O8, plus an inferred resource of 167,012 tons averaging 0.135% U3O8. Dalton Pass hosts a measured and indicated resource of 1,622,750 tons running 0.095% U3O8, plus an inferred resource of 908,127 tons averaging 0.084% U3O8. Strathmore ended the session up C$0.035 at C$0.355.

Shares of Greystar Resources added C$0.43 to close at C$4.24 on no new developments. The first stage of its feasibility study on its multi-million ounce Angostura gold resource is expected shortly.

Well it looks like the United States dollar is finally coming under some pressure and that is good for commodity stocks, which are priced in United States dollars. How long will this trend continue? We will see what Friday trading has in store.

Source: Resource Stock Roundup: Friday, March 20th, 2009