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 [...]
Overview Aquiline Resources Inc. (Aquiline) is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay). What We Like About Aquiline Resources! 632 million ounces silver measured and indicated 119 million ounces [...]
PowerShares DB Silver Fund closed yesterday at $25.71. So far DBS has hit a 52-week low of $14.81 and 52-week high of $28.82. DBS has been showing support around 25.44 and resistance in the 26.08 range. Technical indicators are Bullish. For full story, click here
PowerShares DB Silver Fund has closed yesterday at $25.12. So far DBS has hit a 52-week low of $14.81 and 52-week high of $33.00. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News Last week, the spot price of silver hit a 10-week low; however, spot prices began to recover later in the week as a faltering dollar and higher oil prices boosted its safe-haven appeal. Silver had a pre-summer doldrums rally on June 3, almost doubling its October 2008 low, [...]
Silvercorp Metals Inc. declared that its offer to acquire all the outstanding shares of Klondex Mines Ltd. expired today at 5:00 p.m. For full story, click here
Silvercorp Metals Inc. responded today to the filing of a directors’ circular by Klondex Mines Ltd. on June 30, 2009 in response to Silvercorp’s offer to acquire all the outstanding shares of Klondex. For full story, click here
PowerShares DB Silver Fund has closed yesterday at $25.18. So far DBS has hit a 52-week low of $14.81 and 52-week high of $35.69. DBS has been showing support around 24.94 and resistance in the 25.30 range. Technical indicators are Bullish. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News The silver price endured further losses Monday brought on by the impact of a stronger dollar and cuts in crude oil. Precious metals price rallies are usually disrupted by gains in the dollar and easing oil, which reduce safe-haven investment appeal. Dollar strength has hit commodities across the [...]
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 [...]
Monday, September 28, 2009