This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold fell $2.20 Friday, closing at $2,653.30. The TSX Venture Exchange rose 5.34 points to 595.26 while the TSX gold index dropped 0.81 point to 366.97. Minera Alamos Inc. (MAI) has been silent for two months, but today it surged 5.5 cents to 38 cents on 8.18 million shares. Perhaps investors are anticipating good news from the company's new Santana mine in Sonora, Mexico. GoGold Resources Inc. (GGD) also did well in silence, adding 16 cents to $1.47 on 5.51 million shares today.

Promoters hawking most critical and specialty minerals -- especially diamonds -- must envy the ease with which precious metals companies are raising cash. Today, Randy Turner's Independence Gold Corp. (IGO) said that it has increased its private placement thanks to "high investor demand." Two days ago, Independence said it was seeking up to $3-million; today the company more than doubled the ask, to $6.65-million. Independence is now selling up to 30.23 million shares, either hard-dollar units or flow-through shares, all priced at 22 cents each.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS