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The Gold Stock Strategist analyzes leading junior gold producers and major gold mining companies.

Comments are welcomed!

Tuesday, June 17, 2008

Gold-Ore Has New Drill Results at Bjorkdal

Gold-Ore Resources remains one of my favorite emerging junior gold producers.

Like many juniors, the share price is being held back by the liquidation of holdings by a major shareholder needing to raise capital. Kinbauri Gold went through this for a few weeks and once the selling was finished, the share price rallied from the $0.70s level to the mid-$0.90s per share. Of course, Kinbauri has settled in at $0.79 today so maybe the sellers are back!

On a brighter note, Gold-Ore issued a press release with outstanding drill results and updated production data.

Gold-Ore Announces Central Tunnel Drill Results - Bjorkdal, Sweden Evaluating Bulk Mining Methods

The quality of posts on emerging junior gold producers at the Stockhouse bulletin boards seems to have improved since I started the Gold Stock Strategist. I'm not sure there is a connection, but it is great to see more fundamental analysis on the boards. Today, Stockhouse's GOZ board has a great discussion of what the new release means and why Gold-Ore's share price should do very well by 3Q or 4Q of this year. Rather than me repeating much of what is posted, I recommend you read today's posts at the Stockhouse GOZ board.

Stockhouse Gold-Ore Bulletin Board--June 17, 2008.

Best,

Gold Stock Strategist

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