Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility Study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices dipped over 3 per cent on Thursday following gold’s retraction below the psychological $1,000 level as the US dollar picked up gains. Silver is also under selling pressure as COMEX October options expire today. Recently, several analysts and consulting firms have weighed in on silver’s [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are on a tear this week with gold reaching over the psychologically important $1,000 an ounce mark, the first time in six months, and silver hitting a 13-month high of $16.80 an ounce on Tuesday. Both gold and silver are reacting to inflation fears and [...]
By Melissa Pistilli-Exclusive to Silver Investing News After closing over $15 an ounce on Tuesday, the price of silver is up about 8 per cent over the past month. In all respects, silver is putting on a bullish display early in the September rally season. On the year, the silver price is up 32 per [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver prices are benefitting from the recent optimism that the global economy has finally started on the path to recovery and that industrial demand will soon rise. Spot prices hit a high of $14.45 an ounce in early trading Tuesday. So far this year, silver has risen 26 [...]
By Melissa Pistilli-Exclusive to Silver Investing News The silver price fell almost 6 per cent on Monday to its lowest level this month at $13.82 an ounce. The dip came as traders pulled out of the commodities and equities sectors and poured into the dollar on fears that economic recovery is still a ways off. [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver once again tested the $14 barrier Monday as oil rallied, the dollar fell to its lowest point against the euro in over eight weeks, and risk-appetite increased. However, silver was unable to hold above this important psychological level as it tracked gold lower on [...]
By Melissa Pistilli-Exclusive to Silver Investing News Monday, the spot price of silver came under further selling pressure under the weight of a stronger U.S. dollar. Commodities across the board tumbled yesterday on the latest report from the World Bank that the world economy is forecasted to contract 2.9 per cent this year as opposed [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices are suffering in the short-term under pressure from a rebounding dollar and recently diminishing fears over the severity of the economic crisis. Following gold‘s lead, the price of silver dropped 2.5 per cent to close at $14.89 an ounce Monday. The dollar’s continuing gains against [...]
SNS Silver Corporation has noted that Sunshine Precious Metals Inc. For full story, click here
Monday, September 28, 2009