Sunday, May 9, 2010
On the Radar
The price of the Gold index has continued to advance for the second week in a row as the rest of the market declined. The stocks on the radar for the second week in a row are stocks in the gold sector. As the market came to a close to end the week the gold index ended trading very close to a multi year price high at $1,226.40. The stocks on the radar this week are (AU) Anglogold Ashanti, Ltd., (YZC) Yanzhou Coal Mining Co. Ltd, (BVN) Compania de Minas Buenaventura, (GOLD) Randgold Resources, (KRY)Crystallex Int'l Corp., (NSU) Nevsun Resources, Ltd. (TCK) Teck Resources Ltd., and (PLG) Platinum Group Metals, Ltd. to name a few.
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