Point Roberts WA- April 29, 2011 (Investorideas.com Mining Newswire) –
www.Investorideas.com a leader in sector stock research including mining and gold stocks
reports gold stocks trading for TSX and NYSE stocks trading as gold hits new highs. Gold is
trading at $1,543.00, up 12.20 (0.80%) in morning trading.
Actively trading gold stocks include Lundin Mining Corp (TSX: LUN), Teck Resources Limited
(NYSE: TCK), Running Fox Resource Corp. (TSX-V: RUN), and Osisko Mining Corporation (TSX:
OSK).
Gold Stocks Trading April 29th (at time of release)
Lundin Mining Corp (TSX: LUN), trading at $9.21, up 0.87 (10.43%) on over 9 Million shares in
Volume
Teck Resources Limited (NYSE: TCK) trading at $54.21, up 0.45, (0.84%)
Running Fox Resource Corp. (TSX-V: RUN) trading at $0.28 on over 100,000 in volume
Osisko Mining Corporation (OSK.TO).trading at $13.78 on over 1.5 million in volume
Market Summary for Commodities (at time of release)
Oil 113.07 +0.21 +0.19%
Gold 1,543.00 +12.20 +0.80%
News and Info;
According to a recent report on Reuters, “Silver and gold were within sight of historic highs on
Friday and could resume an uptrend as the U.S. dollar held near three-year lows against a basket
of currencies on hopes U.S. monetary policy would stay ultra-loose, keeping inflationary price
pressures high.
"If the dollar continues to weaken, then it's only likely to boost gold as well as silver as the inverse
relationship between the two assets persists. I would say that for gold I am still looking for it to hit
$1,600 this year," said Ong Yi Ling, investment analyst at Phillip Futures in Singapore.
Report- http://finance.yahoo.com/news/Silver-and-gold-near-lifetime-rb-4171278660.html?
x=0&sec=topStories&pos=5&asset=&ccode=
Recent Gold Stocks News; Lundin Mining Corp (TSX: LUN)
Lundin Mining Responds to Recent Speculation in the Press
“TORONTO, ONTARIO) - In response to recent speculation concerning the company Lundin
Mining Corporation ("Lundin Mining" or the "Company") (TSX: LUN; OMX: LUMI), reiterates its
previous announcement that it is undertaking a strategic process to explore options to create
shareholder value and shareholders will be advised of any material developments in this regard.
There is no assurance that the strategic process will result in Lundin Mining entering into or
consummating any transaction”
Article: http://finance.yahoo.com/news/Lundin-Mining-Responds-to-ccn-299530998.html?x=0&.v=1
Recent Gold Stocks News; Running Fox Resource Corp. (TSX-V: RUN)
Gold Stock, Running Fox Resources (TSX-V- RUN) Drilling Update and Trading Alert
Running Fox now owns 100% of the Brett Gold and Silver Project, over 50 square kilometres,
the majority is royalty free. Cash on hand to start drill programs, the Company also owns
other assets. Company geologists are preparing drilling plans to follow-up on the following
intersections:
DH 87-29 interval- 8.62 meters grading 25 grams per tonne gold;
DH 83-16 interval - 33.5 meters grading 2.53 grams per tonne gold;
DH 87-42 interval - 2.74 meters grading 33.94 grams per tonne gold;
DH 87-46 interval - 15.55 meters grading 2.53 grams per tonne gold;
DH 88-02 interval - 25.92 meters grading 1.68 grams per tonne gold;
DH 88-16 interval - 33.53 meters grading 2.53 grams per tonne gold;
DH 88-17 interval - 6.10 meters grading 15.82 grams per tonne gold;
DH 88-22 interval - 27.74 meters grading 2.88 grams per tonne gold;
DH 88-32 interval - 16.76 meters grading 4.66 grams per tonne gold;
DH 93-12 interval - 10.67 meters grading 3.87 grams per tonne gold;
DH 93-17 interval - 3.05 meters grading 56.16 grams per tonne gold;
DH 93-19 interval - 16.76 meters grading 35.79 grams per tonne gold;
DH 04-01 interval- 10.2 meters grading 5.28 grams per tonne gold;
DH 04-02 interval- 11.6 meters grading 10.39 grams per tonne gold; and,
Importantly DH 04-12 interval 1.3 meters of 176 grams per tonne gold in a new shear zone.
Full Article: http://www.investorideas.com/news/2011/mining/04271.asp
Recent Gold Stocks News: Teck Resources Limited (NYSE: TCK)
Teck Announces Tentative Collective Agreement at its Fording River Operation
“VANCOUVER, BRITISH COLUMBIA- Teck Resources Limited ("Teck"), (TCK.A and TCK.B,
NYSE: TCK) announced today that Teck and Local 7884 of the United Steelworkers have
reached a tentative collective agreement covering the Fording River operation.”
Full Article: http://finance.yahoo.com/news/Teck-Announces-Tentative-iw-
2468368710.html?x=0&.v=1
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