Jordan Roy-Byrne CMT, MFTA

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Alamos Gold Bids for Aurizon Mines

Aurizon shares finished up 32% today after Alamos Gold offered $792 Million for the company. Bloomberg Reports: Aurizon is considering the proposal, Jennifer North, a spokeswoman for the Vancouver-based company, said during a phone interview. Aurizon rose 34 percent to C$4.57 at 12:55 p.m. in Toronto after earlier rising as much as 36 percent, the … Continue reading

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2013 Gold & Silver Outlook

This analysis is excerpted from part of yesterday’s subscriber update in which we presented our outlook for Gold, Silver and GDX/HUI. When making forecasts and writing outlooks, analysts must look at a multitude of things. We usually begin by examining the macro landscape via intermarket analysis. How are the various markets trending? Which are lagging? … Continue reading

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Balmoral drills 0.5 m of 66.5 g/t Au at Northshore

Balmoral Resources Ltd. has released results from eight holes completed on the company’s Northshore property in Ontario. The intercepts reported today expand the Afric gold zone along strike to the northeast and to depth. Results continue to point to the presence of several high-grade gold-bearing structures within a very broad corridor of anomalous gold mineralization. … Continue reading

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Higher Low in Place for Gold Stocks as 2013 Beckons

With all of the volatility of the past nine months, few market observers would think the gold equities have begun a series of higher lows or even a new bull market. However, this action is typical of this sector. GDX first formed a low in May followed by a double bottom low in July. From … Continue reading

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Precious Metals Decouple from Stock Market

At the end of July we wrote an article examining the relationship between gold stocks and general equities. We sought to understand the huge variance in performance between the two markets. Sometimes they trended higher together. Sometimes the gold stocks surged while conventional equities fell into a bear market. Both markets have endured bad bears … Continue reading

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