Gold Summary for Jan. 13, 2025
2025-01-13 17:26 ET - Market Summary
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by Stockwatch Business Reporter
New York spot gold fell $27.80 to close at $2,662.50 Monday while the TSX Venture Exchange fell 7.65 points to 600.77 and the TSX gold index dropped 7.04 points to 352.35. Most Canadian gold miners retreated with bullion today. Aya Gold & Silver Inc. (AYA) lost 74 cents to $11.21 on 1.19 million shares while Endeavour Silver Corp. (EDV) dropped 26 cents to $4.84 on 1.23 million shares. Lundin Gold Corp. (LUG), on the other hand, added seven cents to $33.91 on 802,000 shares.
Tara Christie's Banyan Gold Corp. (BYN) rose one-half cent to 19 cents on 272,000 shares on word it has drilled a 32.6-metre near-surface interval grading 2.13 grams of gold per tonne in the Powerline deposit at its AurMac project in Yukon. The hit was among 21 new holes with results today. All the others returned gold as well, although with less impressive assays. Only one other hole topped one gram per tonne over a significant interval, with a 20.9-metre surface-based zone averaging 1.05 grams per tonne. Several others topped 0.7 gram per tonne, however, some over lengthy near-surface intercepts. A 64.1-metre hit managed 0.71 gram per tonne, while a 23.1-metre interval ran 0.87 gram per tonne.
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mali release the barrick hostages yet? mali siezed 300 million dollars worth of gold, and wants 1.2 billion dollars. bristow was bragging how great his team was saying they found all the gold there was to gind in the world, this was a few years ago, while great bear was happening, and barrick missed all the other 9 or 10 gold discoveries in canada, why? because bristow didn't believe the discoveries- and wants to get something for 10 dollars. mali offered that, so did other african jurisdictions and new guinea, then the people got smart realizing someone got bribed and they all want their share- mali shows you the importantance of good geopolitical positioning.
also when is canada going to arrest the execs of those big foreign mining companies that bribed around the world, made the money, then took over canadian miners? plus when government siezing the mines here in canada? it is a criminal offence for a north american to bribe anyone in the world to gain an asset.
but with so many foreigners getting pension jobs in decision making positions, i guess one who got bribed in a jurisdiction then gets a job here in decision making position they turn blind eyes.
so obvious
Posted by oh at 2025-01-14 09:11