01:50:52 EDT Sun 17 Oct 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Gold Summary for Oct. 22, 2020

2020-10-22 18:52 ET - Market Summary

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 fell $18.90 to $1,905.40 on Thursday. The TSX-V rose 5.59 points to 716.79 while the TSX gold index dropped 6.39 points to 355.34. Red ink flowed freely on Canadian gold-stock listings today. Agnico Eagle Mines Ltd. (AEM) dropped $2.83 to $104.58 on 927,000 shares, while Kinross Gold Corp. (K) dropped 49 cents to $11.51 on 5.38 million shares.

One of the few bright spots was Orosur Mining Inc. (OMI), which rose two cents to 51 cents on 488,000 shares following two down days. Orosur, a three-cent stock in May, leapt to a high of 70 cents on Monday, amid enthusiasm for the company's Anza project in Colombia, where its two major co-venturers, Newmont Corp. (NGT: $79.47) and Agnico Eagle, plan a big drill program to start soon.

What Sir Samuel Jonah and Nana Sangmuah's Roscan Gold Corp. (ROS) cheers as a "major new gold discovery" at Walia, a prospect on its Kandiole project in southwestern Mali, triggered just a minor move in its stock price. Roscan gained 2.5 cents to 37.5 cents on 2.11 million shares on word that assays from holes drilled along an estimated 1,500-metre trend ranged as high as 21.4 grams of gold per tonne over eight metres, a hit that included a two-metre interval averaging 77.8 grams per tonne. The near-surface intersections encountered between two and eight metres of mineralization, with grades typically averaging near three grams per tonne.

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

© 2021 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.