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One More Bottom Before Gold Bounces Through $2,000/oz

Gold prices have now tumbled lower over the last five trading sessions following bumper employment report…

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This article was originally published by Stockhead
  • Gold prices have now tumbled lower over the last five trading sessions following bumper employment report
  • “Gold could be under pressure a little while longer”: OANDA

Our Gold Digger column wraps all the news driving ASX stocks with exposure to precious metals.

 

A month ago, it seemed like interest rate increases were coming to an end. Gold prices were soaring, and bulls were rejoicing.

The precious metal generally exhibits a strong inverse relationship to real rates, which rise and fall in tandem with the Fed’s benchmark rate.

But gold prices have now tumbled lower over the last five trading sessions, sliding as much as 5% after a bumper employment report signalled that further hikes to the Fed Funds rate could be at hand.

A proper curveball for those skimming the headlines.

“The US labour market added a whopping 517,000 roles in January, the most since July of 2022 and easily topping consensus estimates of a 185,000-job print,” says Daniel Moss, Market Analyst at Vantage Markets.

“Indeed, the most recent print far surpasses the average monthly gain of 401,000 seen throughout 2022.

“This wave of hiring has resulted in the unemployment rate declining to 3.4%, the lowest level in over 50 years and far lower than market expectations of a 3.6% print.”

US Fed chair Jerome Powell says further rate increases may be necessary in response to a labour market that is “extraordinarily strong”.

His colleagues have also signalled the Fed Funds rate will peak at 5.4% — that’s three more 25-basis point hikes over the coming months.

Bad news for gold bulls in the near term.

“The risks of more than a couple quarter-point rate rises are growing and if the market starts to price that, gold could be under pressure a little while longer,” says Edward Moya, Senior Market Analyst at OANDA.

“Eventually slower growth and mounting earnings risk will trigger safe-haven flows back into gold, but we are not yet at that moment. “

 

 

USD (dark) and AUD (light) gold prices over the past 12 months. Sources: FastMarkets, ICE Benchmark Administration, Thomson Reuters, World Gold Council

 

READ: Guy on Rocks: Don’t fret gold bulls — experts still reckon it will shine in 2023 amid ‘severe global economic reset’

 

The money men are keen on De Grey’s Mallina gold project

14 leading financial institutions are expressing interest in providing traditional debt funding for De Grey Mining’s (ASX:DEG) monster gold development in WA’s Pilbara region.

Most have indicated that Mallina supports funding of about $800m based on the September 2022 Pre-Feasibility Study, which had estimated capital costs at about $985m.

Expected average annual gold production is estimated to hit 540,000oz per annum during the first 10 years – most of it from Hemi, with total production expected to hit 6.4Moz during the current planned 13.6 year mine life.

Payback on the project is expected in less than two years.

A DFS is due mid-year. The project financing process is expected to conclude in the second half of 2023.

 

 

Winners & Losers

Here’s how ASX-listed precious metals stocks are performing:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop.

Stocks missing from this list? Email [email protected]

 
CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % PRICE MARKET CAP
DCX Discovex Res 33% 33% -33% -65% 0.004 $9,907,704
TRM Truscott Mining Corp 33% 118% 145% 275% 0.12 $20,894,633
BNR Bulletin Res 25% 14% -11% 0% 0.125 $38,166,843
XTC Xantippe Res 20% 20% -40% -45% 0.006 $51,725,174
BM8 Battery Age Minerals 19% 19% 19% 51% 0.595 $44,159,807
REZ Resourc & En Grp 17% -13% -39% -73% 0.014 $6,997,281
SMI Santana Minerals 16% 35% 4% 145% 0.92 $122,741,518
PNT Panthermetals 15% -5% -14% -21% 0.19 $5,842,500
KAI Kairos Minerals 14% 0% -27% -8% 0.024 $45,174,150
OAU Ora Gold Limited 14% 0% -27% -50% 0.008 $7,873,850
CAZ Cazaly Resources 14% 6% -15% -27% 0.033 $12,270,119
MRZ Mont Royal Resources 11% 29% -14% -23% 0.245 $16,778,254
OBM Ora Banda Mining 11% 14% 45% 95% 0.1 $139,727,639
SPQ Superior Resources 11% 3% 5% 40% 0.063 $108,878,107
MVL Marvel Gold Limited 10% 0% -27% -61% 0.022 $15,498,876
AVM Advance Metals 10% 22% 10% -39% 0.011 $6,090,463
PRX Prodigy Gold NL 9% 0% -16% -53% 0.012 $20,974,594
CDT Castle Minerals 9% -4% -31% -56% 0.024 $22,988,339
WCN White Cliff Min 8% -7% -7% -58% 0.013 $9,408,653
VRC Volt Resources 8% -13% -35% -38% 0.013 $50,432,510
THR Thor Energy PLC 8% 8% -32% -62% 0.0065 $7,378,064
NCM Newcrest Mining 7% 9% 26% 8% 24.79 $22,539,336,491
BBX BBX Minerals 7% 52% 105% -6% 0.15 $68,701,007
ADV Ardiden 7% -6% -17% -56% 0.0075 $20,162,515
SFM Santa Fe Minerals 7% -6% -12% -62% 0.075 $5,097,315
CPM Coopermetalslimited 7% 24% -37% -43% 0.31 $11,895,800
ADT Adriatic Metals 6% 8% 64% 51% 3.48 $741,191,299
AL8 Alderan Resource 6% 6% -6% -66% 0.0085 $4,626,129
SXG Southern Cross Gold 6% -3% 32% 0% 0.705 $65,572,954
NML Navarre Minerals 6% -12% -34% -56% 0.038 $56,796,226
KCC Kincora Copper 5% 8% 14% -36% 0.08 $7,913,688
CYL Catalyst Metals 5% 23% 17% -23% 1.43 $132,915,800
CBY Canterbury Resources 5% 3% -7% -41% 0.041 $5,760,941
IPT Impact Minerals 5% 50% 31% -23% 0.0105 $24,813,706
MOH Moho Resources 5% 0% -32% -63% 0.021 $4,360,906
MEG Megado Minerals 5% -7% -50% -53% 0.042 $5,912,500
AM7 Arcadia Minerals 5% 2% 48% -4% 0.23 $10,740,515
RXL Rox Resources 3% -8% -34% -57% 0.185 $40,181,602
HMX Hammer Metals 3% 4% 12% 15% 0.076 $65,712,588
AWV Anova Metals 3% 28% 37% 28% 0.205 $35,158,072
KWR Kingwest Resources 3% 11% -41% -78% 0.041 $11,550,800
LEX Lefroy Exploration 2% -6% -19% -26% 0.24 $40,114,501
FG1 Flynngold 2% 2% 17% -37% 0.097 $9,978,733
KIN KIN Min NL 2% -18% -41% -45% 0.054 $55,571,640
MLS Metals Australia 2% 15% -11% -8% 0.055 $33,386,991
GIB Gibb River Diamonds 2% -6% 20% -8% 0.06 $13,959,623
AWJ Auric Mining 2% 0% -33% -39% 0.064 $6,006,056
NWM Norwest Minerals 2% 38% 65% 14% 0.066 $14,214,873
PGD Peregrine Gold 2% 22% -31% -11% 0.5 $19,381,445
HAV Havilah Resources 1% 13% 30% 94% 0.35 $110,823,724
GBR Greatbould Resources 1% -3% -26% -39% 0.089 $39,234,777
NPM Newpeak Metals 0% 0% 0% 0% 0.001 $9,145,132
ASO Aston Minerals 0% 12% 5% -43% 0.092 $99,104,253
FFX Firefinch 0% 0% 0% -18% 0.2 $236,248,644
TMX Terrain Minerals 0% 0% -25% -25% 0.006 $7,040,795
CST Castile Resources 0% 1% -26% -50% 0.1 $24,190,243
FAU First Au 0% 13% -44% -57% 0.0045 $4,283,970
CWX Carawine Resources 0% 0% 0% -35% 0.11 $21,649,921
RND Rand Mining 0% -1% -7% -8% 1.4 $79,626,345
SRN Surefire Rescs NL 0% 17% -22% -13% 0.014 $22,139,089
SIH Sihayo Gold Limited 0% 0% -33% -78% 0.002 $12,204,256
ASR Asra Minerals 0% -21% -21% -50% 0.015 $20,539,661
MCT Metalicity Limited 0% 0% 0% -61% 0.003 $10,476,118
CTO Citigold Corp 0% 0% 0% -33% 0.006 $17,001,955
TRY Troy Resources 0% 0% 0% 0% 0.0295 $62,920,961
CGN Crater Gold Min 0% 0% 0% 0% 0.017 $21,063,474
SVG Savannah Goldfields 0% 3% 0% -33% 0.18 $33,048,477
NAE New Age Exploration 0% -7% 0% -61% 0.007 $11,487,191
MTH Mithril Resources 0% 17% -42% -73% 0.0035 $11,420,816
RMX Red Mount Min 0% 20% -8% -40% 0.006 $11,930,093
BYH Bryah Resources 0% -4% -17% -59% 0.024 $6,750,083
ICL Iceni Gold 0% 0% 5% -20% 0.1 $12,819,643
RML Resolution Minerals 0% -13% -33% -59% 0.007 $8,098,096
TBA Tombola Gold 0% 0% -21% -13% 0.026 $33,129,243
HRN Horizon Gold 0% 10% -11% -18% 0.34 $42,561,758
QML Qmines Limited 0% 9% 9% -42% 0.18 $16,237,626
AGC AGC 0% -2% -21% -40% 0.059 $5,900,000
RVR Red River Resources 0% 0% -48% -63% 0.073 $37,847,908
TSO Tesoro Gold 0% -11% -30% -58% 0.031 $34,680,846
WMC Wiluna Mining Corp 0% 0% 0% -77% 0.205 $74,238,031
BAT Battery Minerals 0% -20% -33% -65% 0.004 $11,740,969
POL Polymetals Resources 0% 12% 31% 41% 0.19 $8,584,711
CXU Cauldron Energy 0% 7% -17% -64% 0.008 $5,589,408
HXG Hexagon Energy 0% 0% 13% -67% 0.018 $9,232,486
VAN Vango Mining 0% 14% 11% 23% 0.05 $60,477,006
LCY Legacy Iron Ore 0% -11% -18% -20% 0.016 $102,509,219
SAU Southern Gold 0% -14% -36% -58% 0.025 $7,206,847
A8G Australasian Metals 0% -5% -34% -67% 0.19 $7,822,394
NES Nelson Resources 0% 14% -14% -59% 0.008 $4,708,755
TLM Talisman Mining 0% 0% 10% -6% 0.17 $30,977,017
M24 Mamba Exploration 0% 27% 36% -7% 0.19 $8,435,001
DEX Duke Exploration 0% 0% -34% -67% 0.053 $5,587,240
KNB Koonenberrygold 0% -22% -38% -64% 0.05 $3,787,822
AYM Australia United Min 0% -20% -33% -33% 0.004 $7,370,310
ANL Amani Gold 0% 0% -33% -33% 0.001 $24,693,441
GCY Gascoyne Res 0% 0% -24% -25% 0.195 $83,082,880
FEG Far East Gold 0% -13% -5% 0% 0.4 $53,344,043
IGO IGO Limited 0% 3% 22% 18% 14.57 $11,086,400,782
MAU Magnetic Resources -1% -1% -12% -45% 0.795 $182,462,343
YRL Yandal Resources -1% -5% -43% -73% 0.093 $14,675,686
GRL Godolphin Resources -1% 11% 3% -34% 0.089 $10,298,142
AAR Astral Resources NL -1% -5% -4% -35% 0.073 $48,574,928
AME Alto Metals Limited -1% 4% 3% -14% 0.072 $44,122,714
TTM Titan Minerals -1% -8% 15% -41% 0.068 $97,377,850
LM8 Lunnonmetalslimited -2% 7% 1% 12% 0.96 $107,678,604
MEU Marmota Limited -2% -4% -15% 0% 0.044 $47,646,026
KTA Krakatoa Resources -2% -4% -25% -14% 0.043 $15,167,236
EMR Emerald Res NL -2% 21% 26% 43% 1.49 $908,515,504
SFR Sandfire Resources -2% 4% 33% -11% 6.3 $2,933,246,178
MGV Musgrave Minerals -3% -13% -29% -38% 0.195 $115,285,550
G50 Gold50Limited -3% -22% 23% -14% 0.19 $10,819,170
STK Strickland Metals -3% -10% -37% -44% 0.036 $51,730,560
TGM Theta Gold Mines -3% 1% -9% -56% 0.068 $42,092,617
XAM Xanadu Mines -3% -2% 7% 15% 0.03 $43,761,242
TG1 Techgen Metals -3% 5% -43% -37% 0.085 $4,841,692
E2M E2 Metals -3% -13% -20% -43% 0.14 $27,878,525
TBR Tribune Res -3% -8% -9% -24% 3.63 $194,131,885
AGG AngloGold Ashanti -4% -8% 24% 2% 5.68 $504,023,872
ERM Emmerson Resources -4% -4% -27% -41% 0.077 $41,942,654
BNZ Benzmining -4% 22% 20% -26% 0.48 $37,811,290
CDR Codrus Minerals -4% -9% 58% -4% 0.12 $4,851,600
TUL Tulla Resources -4% 4% -33% -40% 0.35 $73,432,716
ARN Aldoro Resources -4% -10% -13% -48% 0.23 $25,969,833
PUR Pursuit Minerals -4% 35% 35% 0% 0.023 $25,136,097
STN Saturn Metals -4% -9% -39% -58% 0.1725 $26,142,120
M2R Miramar -4% -1% -21% -61% 0.079 $5,583,858
BEZ Besragoldinc -4% -13% 43% -59% 0.045 $16,631,509
CHN Chalice Mining -4% -8% 27% -17% 6.43 $2,446,906,761
G88 Golden Mile Res -4% 5% -24% -58% 0.022 $4,500,975
TAM Tanami Gold NL -5% 0% -13% -32% 0.041 $48,178,979
AZS Azure Minerals -5% 36% 27% -30% 0.305 $101,868,976
GED Golden Deeps -5% 0% -29% -9% 0.01 $11,552,267
DCN Dacian Gold -5% -9% -13% -43% 0.1 $127,764,098
MXR Maximus Resources -5% -7% -35% -43% 0.039 $12,762,231
KSN Kingston Resources -5% 6% -1% -42% 0.095 $39,902,751
ADG Adelong Gold Limited -5% 36% -53% -68% 0.0095 $4,804,401
TAR Taruga Minerals -5% -24% -21% -51% 0.019 $12,002,455
GAL Galileo Mining -5% -16% -19% 286% 0.83 $167,981,188
PGO Pacgold -5% -1% -32% -61% 0.36 $19,786,253
KAL Kalgoorliegoldmining -5% -12% -45% -57% 0.071 $5,420,422
MRR Minrex Resources -5% -13% -39% -51% 0.035 $37,970,363
OKR Okapi Resources -5% 3% -24% -44% 0.175 $25,117,921
A1G African Gold . -5% -10% 10% -57% 0.086 $13,352,560
ALY Alchemy Resource -6% -29% 13% 31% 0.017 $18,849,220
GMD Genesis Minerals -6% -10% -12% -28% 1.215 $512,467,852
GMR Golden Rim Resources -6% 3% -42% -71% 0.032 $18,834,828
OZM Ozaurum Resources -6% 21% -33% -30% 0.08 $10,414,000
ENR Encounter Resources -6% -18% 7% 14% 0.16 $58,661,754
HRZ Horizon -6% 0% -19% -52% 0.063 $38,616,465
X64 Ten Sixty Four -6% -10% -10% -15% 0.5875 $134,752,048
MTC Metalstech -6% 0% 26% 72% 0.465 $88,602,295
BMR Ballymore Resources -6% 0% -16% -14% 0.155 $15,410,793
SLZ Sultan Resources -6% -28% -55% -61% 0.061 $5,163,632
EMC Everest Metals Corp -6% 14% -14% -36% 0.09 $9,578,980
BGD Bartongoldholdings -6% -4% 13% -17% 0.225 $20,266,941
CEL Challenger Exp -6% -14% -21% -46% 0.15 $156,872,256
CHZ Chesser Resources -6% -1% -3% -9% 0.09 $52,974,121
AQI Alicanto Min -6% -13% -20% -59% 0.045 $20,525,826
S2R S2 Resources -6% -12% 3% -17% 0.15 $53,531,228
PNR Pantoro Limited -6% -1% -53% -72% 0.089 $156,536,210
FAL Falconmetals -6% -23% -2% -55% 0.22 $38,055,000
MKG Mako Gold -7% -2% -45% -53% 0.042 $19,809,357
ARL Ardea Resources -7% -16% -34% 3% 0.7 $120,909,454
BCN Beacon Minerals -7% -3% -3% -13% 0.028 $112,703,045
MM8 Medallion Metals. -7% 0% -30% -39% 0.14 $20,293,484
PKO Peako Limited -7% 17% -30% -26% 0.014 $5,309,014
PDI Predictive Disc -7% -9% -22% -31% 0.1725 $303,540,446
NAG Nagambie Resources -7% -17% -26% 10% 0.055 $29,882,186
VMC Venus Metals Cor -7% 0% -23% -34% 0.135 $24,040,622
GSR Greenstone Resources -7% -10% -56% -27% 0.027 $29,046,032
NMR Native Mineral Res -7% -20% -24% -63% 0.08 $9,611,099
IVR Investigator Res -7% -13% -20% -37% 0.039 $58,923,710
RGL Riversgold -7% -7% -21% 37% 0.026 $23,636,693
EVN Evolution Mining -7% -6% 12% -15% 3.12 $5,908,752,547
CLZ Classic Min -7% -28% -80% -96% 0.0065 $7,293,594
DEG De Grey Mining -7% -11% 42% 13% 1.405 $2,279,303,696
AAU Antilles Gold -7% 3% -28% -58% 0.038 $18,517,804
WRM White Rock Min -7% -9% -32% -71% 0.063 $16,342,307
AMI Aurelia Metals -7% -7% -54% -73% 0.125 $160,866,838
BC8 Black Cat Syndicate -8% -4% 1% -37% 0.37 $101,137,742
SMS Starmineralslimited -8% 1% -27% -64% 0.073 $2,159,340
NSM Northstaw -8% -8% 3% -35% 0.175 $21,022,225
BGL Bellevue Gold -8% -16% 25% 38% 1.1275 $1,304,139,112
KRM Kingsrose Mining -8% -10% 13% -8% 0.069 $51,924,330
GWR GWR Group -8% 8% -39% -67% 0.057 $18,951,783
BRB Breaker Res NL -8% -19% 36% 16% 0.285 $94,730,317
ZNC Zenith Minerals -8% -13% -25% -42% 0.225 $79,133,860
EM2 Eagle Mountain -8% 27% -10% -65% 0.225 $68,617,544
SSR SSR Mining Inc. -8% -11% -2% -9% 22.46 $427,334,036
GTR Gti Energy -8% -8% -39% -50% 0.011 $18,065,803
PUA Peak Minerals -8% -8% -31% -59% 0.0055 $5,206,883
GSM Golden State Mining -8% -6% -15% -51% 0.044 $5,148,625
MDI Middle Island Res -8% 38% -42% -59% 0.055 $6,733,002
MKR Manuka Resources. -8% -10% -44% -72% 0.087 $43,743,733
PNM Pacific Nickel Mines -8% -8% 1% -24% 0.076 $28,580,662
HAW Hawthorn Resources -9% -23% 13% 5% 0.096 $32,161,499
ICG Inca Minerals -9% -19% -62% -81% 0.021 $10,139,921
PRU Perseus Mining -9% -17% 12% 28% 1.9525 $2,789,624,751
CY5 Cygnus Gold Limited -9% 3% 133% 158% 0.465 $88,259,622
MI6 Minerals260Limited -9% -22% -5% -46% 0.31 $69,300,000
AUC Ausgold Limited -9% -2% 2% 6% 0.051 $107,562,151
RDN Raiden Resources -9% 0% -38% -72% 0.005 $8,272,912
NST Northern Star -9% 0% 44% 38% 12.01 $14,247,824,249
NVA Nova Minerals -9% -13% -21% -31% 0.625 $131,283,832
LCL Los Cerros Limited -10% -22% 9% -68% 0.038 $29,182,662
FML Focus Minerals -10% -10% 36% -24% 0.19 $54,446,143
SVY Stavely Minerals -10% 16% 58% -38% 0.285 $96,088,497
ALK Alkane Resources -10% -6% -22% -23% 0.65 $413,166,888
DTM Dart Mining NL -10% -27% -34% -44% 0.046 $7,158,546
BMO Bastion Minerals -10% 35% -65% -75% 0.046 $6,770,825
ARV Artemis Resources -10% -13% -46% -67% 0.0225 $33,394,041
RDS Redstone Resources -10% 13% -10% -25% 0.009 $6,631,492
MOM Moab Minerals -10% -10% -67% -64% 0.009 $6,819,635
RRL Regis Resources -10% -11% 6% 8% 1.9975 $1,547,803,146
KCN Kingsgate Consolid. -10% -16% -18% -10% 1.525 $340,833,498
HCH Hot Chili -10% -3% -4% -41% 0.91 $108,695,137
TIE Tietto Minerals -10% -20% 34% 10% 0.685 $788,457,430
KAU Kaiser Reef -11% -19% 0% -11% 0.17 $24,088,606
ZAG Zuleika Gold -11% -15% -26% -61% 0.017 $8,891,861
LRL Labyrinth Resources -11% -11% -26% -61% 0.017 $16,311,285
RSG Resolute Mining -11% 0% -7% -11% 0.25 $553,541,708
ANX Anax Metals -11% 13% -13% -29% 0.066 $27,020,059
MAT Matsa Resources -11% -6% -29% -48% 0.033 $14,832,166
MZZ Matador Mining -11% -22% -22% -68% 0.098 $31,521,883
NXM Nexus Minerals -11% -11% -17% -46% 0.2 $65,090,662
SBR Sabre Resources -11% -22% -20% -20% 0.04 $11,950,934
SBM St Barbara Limited -11% -26% -46% -53% 0.6575 $543,000,194
GML Gateway Mining -11% -20% -39% -58% 0.055 $15,250,651
GOR Gold Road Res -11% -20% 2% 7% 1.49 $1,678,753,368
ADN Andromeda Metals -12% -4% -53% -76% 0.046 $143,060,388
LYN Lycaonresources -12% -10% 10% -31% 0.265 $9,217,250
DTR Dateline Resources -12% -19% -70% -64% 0.03 $16,955,536
RDT Red Dirt Metals -12% -3% -1% -30% 0.445 $200,208,371
KZR Kalamazoo Resources -12% -14% -18% -43% 0.185 $30,507,972
GNM Great Northern -13% -13% -30% -42% 0.0035 $5,981,678
TCG Turaco Gold Limited -13% -5% -20% -52% 0.055 $23,096,700
IDA Indiana Resources -13% -9% -18% -7% 0.054 $27,555,265
AAJ Aruma Resources -13% 40% -8% -25% 0.074 $11,615,151
WAF West African Res -13% -19% -31% -19% 0.975 $1,018,331,000
CMM Capricorn Metals -13% -21% -3% 18% 4.1 $1,619,517,734
GUL Gullewa Limited -13% -13% -13% -22% 0.052 $10,180,201
SLR Silver Lake Resource -13% -20% -27% -29% 1.135 $1,087,800,870
MBK Metal Bank -14% -16% -36% -47% 0.032 $9,124,022
MEK Meeka Metals Limited -14% -18% 2% -7% 0.051 $56,583,273
MEI Meteoric Resources -14% 140% 862% 658% 0.125 $198,480,217
GBZ GBM Rsources -14% -7% -37% -64% 0.043 $25,324,451
RMS Ramelius Resources -14% -16% -17% -37% 0.905 $820,853,751
RED Red 5 Limited -14% -28% -41% -40% 0.18 $530,635,175
WWI West Wits Mining -15% -28% -37% -65% 0.0145 $32,720,603
AUT Auteco Minerals -15% -26% -8% -52% 0.046 $93,277,634
SKY SKY Metals -16% 0% -27% -48% 0.048 $18,839,174
CLA Celsius Resource -16% -6% 14% -47% 0.016 $29,715,265
TMZ Thomson Res -16% -6% -43% -79% 0.016 $14,789,168
GMN Gold Mountain -17% 0% -17% -71% 0.005 $10,146,579
EMU EMU NL -17% -38% -58% -75% 0.005 $2,749,072
SI6 SI6 Metals Limited -17% -17% -29% -55% 0.005 $7,476,973
DRE Dreadnought Resources -17% -3% 19% 117% 0.0955 $329,372,822
SNG Siren Gold -17% -24% -44% -47% 0.145 $18,123,449
PRS Prospech Limited -18% 22% -3% -46% 0.028 $2,384,062
CAI Calidus Resources -18% -31% -70% -66% 0.23 $109,838,881
HMG Hamelingoldlimited -19% -24% -24% -37% 0.11 $11,550,000
SVL Silver Mines Limited -20% -20% -15% -21% 0.165 $251,907,268
GSN Great Southern -20% -20% -37% -56% 0.024 $14,793,925
BTR Brightstar Resources -21% -5% 0% -44% 0.019 $15,753,448
VKA Viking Mines -21% 38% 57% -31% 0.011 $12,303,101
WGX Westgold Resources. -22% -3% -22% -48% 1.04 $516,248,776
AQX Alice Queen -25% -25% -50% -81% 0.0015 $4,400,500
PNX PNX Metals Limited -25% -20% -20% -47% 0.003 $15,554,202
MHC Manhattan Corp -28% 8% -35% -57% 0.0065 $10,683,951
AVW Avira Resources -33% -33% -43% -60% 0.002 $5,334,475

The post Gold Digger: One more bottom before gold bounces through US$2000/oz, expert says appeared first on Stockhead.

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