tag:blogger.com,1999:blog-20721640019122072812012-04-24T17:23:35.198-04:00goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.comBlogger107125tag:blogger.com,1999:blog-2072164001912207281.post-43167470829729316552010-08-16T09:53:00.007-04:002010-08-16T10:19:44.425-04:00

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goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-67198285531160417432010-06-08T09:11:00.001-04:002010-06-08T09:12:04.081-04:00

Most junior gold miners are explorers engaging in the discovery of gold mineralization and are not planning to produce gold in the near term. There are thousands of gold miners available to investors. Only a handful of junior gold miners are near production or emerging producers. These emerging junior gold producers are companies nearing or currently in production.1. Alamos Gold (TSX: AGI; OTC:

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com5tag:blogger.com,1999:blog-2072164001912207281.post-471443665189308432010-03-10T08:34:00.010-05:002010-03-10T08:59:30.862-05:00

BNN interviewed Don Coxe yesterday. Mr. Coxe is strategy advisor at BMO Financial Group and Chairman, Coxe Advisors LLC. Mr. Coxe, a 37-year veteran of the Canadian investment community, is a favorite macro strategist of mine and he aptly sums up the state of the world economy and where it is headed in the future.His investment strategy theme is “Chindia’s necessity is the mother of investing,”

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-40026594442619182442010-03-06T12:41:00.021-05:002010-03-06T13:11:54.141-05:00

Mid-tier producer Yamana Gold ($AUY) released earnings after the market closed on Wednesday, March 3. The company reported 14 cents per share, adjusted for special items, for the fourth quarter and 47 cents per share for the full year in 2009. On average, analysts were expecting 15 cents per share in profits for the fourth quarter and 48 cents for the full year.Yamana shares sold off 4.6 percent

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-25703125914440462762010-02-15T11:52:00.033-05:002010-02-15T12:39:44.225-05:00

Despite positive news expected on the earnings front, gold stock share prices could be volatile this week.Gold producing stocks have been beaten down since mid-January, with the Market Vectors Gold Miners ETF ($GDX) sinking about 14 percent. Gold producing stocks backfilled what had been a 18 percent drop by climbing 3.6 percent during the past week, riding the wave of a weekly 2.3 percent gain

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-78260956660194926472010-02-08T17:35:00.017-05:002010-02-08T17:58:34.828-05:00

Randgold Resources Ltd. ($GOLD), a West African-focused gold miner, reported record production, a 79 percent jump in annual reported earnings, and a 30 percent increase in its annual dividend. Despite the positive news, Randgold share prices dropped 2.6 percent today after showing early price and volume strength (see chart below).Randgold announced it produced a record 488,255 ounces of gold in

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-77154325909109479232010-02-04T14:41:00.004-05:002010-02-04T14:51:00.333-05:00

Earlier today, Gold Fields ($GFI) kicked off the Q4 2009 gold miner earnings season by announcing a 44 percent gain in profits over the previous quarter. The company earned net profits of $187 million during the fourth quarter of 2009 compared with earnings of $129 million in Q3 2009. Profits were $54 million during the fourth quarter of 2008. The bottom line boost for Gold Fields was driven

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-76868861802326765392010-01-14T11:58:00.018-05:002010-01-16T15:54:48.586-05:00

2009 was a fantastic year for emerging junior gold producers and stocks in the Gold Stock Strategist Emerging Junior Gold Producers (GSSX) Index ©. The GSSX Index© outperformed GLD, XAU, HUI, and the TSX Venture Exchange.The GSSX Index© powered ahead 123 percent, beating the yellow metal, beating the HUI gain of 30%, beating the XAU gain of 36%, and even beating the TSX Venture Exchange of 92%.

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-71802051011061760132010-01-13T15:15:00.005-05:002010-01-13T15:20:26.954-05:00

Last week, Goldcorp (TSE:G) ($GG) let expire its one-time option to convert non-voting preferred shares in Terrane Metals’ (CVE:TRX) ($TRXOF) Mt. Milligan gold and copper project into a 59 percent common share interest in the company. We indicated at the time that this milestone cleared up the ownership of Terrane, giving them a green light to seek other financing options.Finding a new partner “

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-72024416267652454222010-01-12T21:42:00.014-05:002010-01-12T21:56:51.416-05:00

Toronto, Canada-based Yamana Gold Inc. ($AUY) (TSE:YRI) announced its outlook today for production, cash costs, and capital expenditures for fiscal years 2010 and 2011.ProductionThe company estimates annual production for 2010to range from 1,030,000 to 1,145,000 gold equivalent ounces (GEO) and 1,045,000 to 1,150,000 in 2011, an increase of 12 percent over 2009.Yamana CEO Peter Marrone stated, "

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-1294168858170133022010-01-08T12:55:00.028-05:002010-01-08T13:42:42.009-05:00

Goldcorp ($GG) (TSE:G) decided to let expire an option to convert its non-voting preferred shares in Vancouver-based Terrane Metals ($TRXOF) (CVE:TRX) to voting common shares. Goldcorp will maintain its 60 percent non-voting preference interest in Terrane Metals.This decision clears up the ownership of Terrane Metals which will now start looking at options for financing the construction of the

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-8569975059808355582009-12-29T23:49:00.021-05:002009-12-30T00:51:09.636-05:00

Canplats Resources Corp. ($CPQRF) (CVE:CPQ) has for the third time since November accepted a buyout bid from Goldcorp Inc. ($GG) (TSE:G). This is the second time Goldcorp has matched a rival offer from Minera Penmont, a jointly owned partnership between Fresnillo PLC (LSE:FRES) and Newmont Mining Corp. ($NEM) (NYSE:NEM).Goldcorp stated in a release on Tuesday, December 29 that its third offer in

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-49482039695838502282009-12-28T14:10:00.038-05:002009-12-30T00:47:38.077-05:00

Get out your scorecard! The Canplats buyout isn't over yet! A bidding war for Canplats Resources ($CPQRF) (CVE:CPQ) escalated today after the company reported it had received a bid on Sunday from Minera Penmont that was once again "financially superior" to the matched offer from Goldcorp ($GG).This bidding war highlights how important large gold deposits are to tier 1 gold miners that are on the

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-50294386708676649162009-12-24T11:53:00.003-05:002009-12-29T22:20:24.371-05:00

Yesterday, Canada-based Goldcorp Inc. ($GG) announced it had been notified by Canplats Resources Corp. ($CPQ.CA) ($CPQRF) that it received a $254 million buy-out offer from Minera Penmont that is higher than Goldcorp's earlier bid of $238 million.Today, Goldcorp announced it has matched the competing proposal. Under the terms of Goldcorp's matching proposal, Canplats is required to enter into an

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-75890831970315349092009-12-23T08:33:00.024-05:002009-12-23T11:27:40.175-05:00

South African-based gold miner Harmony Gold ($HMY) has been upgraded by Goldman Sachs ($GS) from a "Neutral" to a "Buy" rating. Goldman Sachs also initiated coverage on Gold Fields Ltd. ($GFI) with a "Buy" rating and Anglo-Gold Ashanti ($AU) with a "Neutral" rating. Gold Fields and Anglo-Gold Ashanti are South African-based gold miners as well. Goldman Sachs downgraded Jersey, Channel

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com1tag:blogger.com,1999:blog-2072164001912207281.post-87405443498563331362009-11-11T20:46:00.015-05:002009-11-11T21:35:31.953-05:00

The precious metal continues its rally above $1,100 as the dollar remains weak. Gold continued to surge higher and set a record high Wednesday as the dollar remained weak. December gold futures rose $12.10 to hit an all-time record price of $1,119.20 an ounce intraday and settling at $1,114.60 an ounce.Investors are moving their money into gold because of a weak dollar, weak economic conditions,

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com2tag:blogger.com,1999:blog-2072164001912207281.post-36272213514203006532009-11-09T10:53:00.016-05:002010-01-14T12:23:32.170-05:00

.Errata: The previous version of this article contained errors in the data. This one includes the correct data._________________________________________________This is an update of my market capitalization $ per ounce of production ranking for 2009.As I have written before, this technique provides a standard quantitative comparison of company share valuation. Again, it is just one dimension used

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-3123938501304392372009-11-04T12:38:00.043-05:002009-11-04T22:11:26.026-05:00

Gold hit a new record high above $1,095 an ounce for the second day in a row on Wednesday following the Federal Open Market Committee pledge to keep interest rates low for an extended period of time. The FOMC statement to retain "exceptionally low levels of the federal funds rate for an extended period" helped to spike an already surging gold price.The FOMC news follows right on the heels of a

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-21184845216483268242009-10-31T12:34:00.016-04:002009-10-31T12:58:24.785-04:00

Toronto-based Barrick Gold $ABX is the world’s largest gold producer, has the most resource ounces, and claims the highest market capitalization in the industry. Many analysts have written off Barrick’s ability to grow the bottom line partly because of its size. Moreover, many analysts have been forecasting lower realized prices for gold sales and higher cash costs believing these would weigh

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-23599643310728341062009-10-29T10:22:00.015-04:002009-10-29T12:56:18.067-04:00

Toronto-based Agnico-Eagle Mines $AEM surprised everyone yesterday by posting a large loss and missing analyst earnings expectations by 86 percent due to special items, missed production targets, and higher operational costs.Agnico-Eagle posted a third quarter loss of $17.0 million or 11 cents per share, compared to a positive earnings of $14.0 million or 10 cents per share in same quarter last

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-38797925541308142212009-10-27T15:09:00.008-04:002009-10-27T15:23:46.162-04:00

Gold Price Up, Gold Miner Earnings Expected Higher in Q309 Than Q308 Agnico-Eagle $AEM kicks off third-quarter gold miner earnings season after the bell on Wednesday, October 28. Gold producers are expected to report increases in quarter-over-quarter profits given recent strength in the price of gold and continuing operational cost containment. Third quarter over second quarter profits will

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com1tag:blogger.com,1999:blog-2072164001912207281.post-36683958441457662782009-09-16T10:43:00.024-04:002009-09-16T11:32:16.952-04:00

The price of gold is breaking out to an 18-month record, rising as high as $1023 this morning amid renewed inflationary expectations and a weak dollar. Improved confidence in the global economy remains high after reports suggest the recession is over. Positive economic data and a falling U.S. dollar are sparking a rally in global equity markets. As a result of growing expectations for a stronger

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com3tag:blogger.com,1999:blog-2072164001912207281.post-76336745456336560942009-09-14T14:33:00.018-04:002009-09-14T15:19:16.268-04:00

The world's largest gold producer, Barrick Gold, announced last Tuesday it intends to pay off its entire book of fixed price gold hedges and a portion of its floating hedges to gain greater exposure to the market price of gold. This move is very bullish for Barrick's share price despite the issuance of new shares and dilution for current investors.It's also another very strong signal from

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com1tag:blogger.com,1999:blog-2072164001912207281.post-88557207874411566092009-09-10T20:27:00.022-04:002009-09-11T15:21:56.441-04:00

Many of you may have noticed that last week I launched the Gold Stock Strategist Newsletter at Self Directed Investor. The launch was accompanied by this press release.For those who have been following the Gold Stock Strategist blog for the past 18 months, it may be a surprise that my work here has developed into a subscription service analyzing gold producing companies. It was a surprise to me

goldstockstrategisthttp://www.blogger.com/profile/03738289261532813833noreply@blogger.com0tag:blogger.com,1999:blog-2072164001912207281.post-88686893303323005882009-09-01T18:52:00.003-04:002009-09-01T19:02:46.497-04:00

Spot gold prices finished 0.5 percent higher on Tuesday ending at $956.50 an ounce after the Institute for Supply Management’s manufacturing index beat consensus estimates of 50.5, rising from 48.9 in July to 52.9 for August. The ISM manufacturing index knifed through the 50 level for the first time in 19 months — signaling expansion in U.S. manufacturing.Gold is considered a hedge during times

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