This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold rose $4.40 to $1,252.40 on Friday. The TSX Venture Exchange rose 2.55 points to 739.96 while the TSX Gold Index added 2.18 points to 191.54. Detour Gold Corp. (DGC), which is facing some grumpy shareholders, dropped 12 cents to $11.82 on 1.27 million shares. Goldcorp Inc. was strong. It rose 39 cents to $18.05 on 2.59 million shares.

Greg Olsen and Robert Birmingham's New Destiny Mining Corp. (NED), up four cents to 14 cents on 109,000 shares, has 30 days to decide if it will acquire the Treasure Mountain West property in Southern British Columbia. The project would add to the company's existing ground in the area, leaving it with "the entire Treasure Mountain camp," save the old Treasure Mountain mine that is now controlled by Peter Espig's Nicola Mining Inc. (NIM: $0.125). Mr. Birmingham, New Destiny's president and chief executive officer, says that the company will verify previous work and determine what targets are drill ready and which ones need further work, as part of a detailed field review planned for the coming weeks. (New Destiny has barely four of those weeks before it must commit to the deal.)

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS