Re: Markets
in response to
by
posted on
Nov 18, 2014 04:32PM
Combining Classic Mineral Exploration with State of the Art Technology
Interesting day. Mining stocks in general did very well, as POG pushes back to nearly 1,200 dollars per ounce.
http://finance.yahoo.com/echarts?s=^XAU+Interactive#{%22range%22%3A%221y%22%2C%22lineType%22%3A%22combo%22%2C%22scale%22%3A%22linear%22%2C%22comparisons%22%3A{%22GDXJ%22%3A{%22color%22%3A%22%23cc0000%22%2C%22weight%22%3A1}%2C%22LBSR%22%3A{%22color%22%3A%22%23009999%22%2C%22weight%22%3A1}}}
Meanwhile, based metals prices were off, and explorers in SE Arizona are being overlooked. LBSR gained 5.88 percent today, but Nord got crushed, closing at it's lowest level ever (0.0115 cents) for a loss of about THIRTY percent. Neighbor Tombstone Exploration lost 5.7 percent, while Excelsior closed flat.
The COPX (copper miners index) closed flat too, but gold miners did well, continuing the trend that began around the first of the month.
http://finance.yahoo.com/echarts?s=^HUI+Interactive#{%22range%22%3A%221mo%22%2C%22lineType%22%3A%22combo%22%2C%22scale%22%3A%22linear%22}
The right news will set us on fire.
VP