Sharp rises now in several of our stocks
The following West African gold stocks have recently shot up, mostly on good volume except where noted. This seems like a possible change of trend, no doubt due in part to a $420 gold price. (The others are flat or moribund, mostly after long declines.) Look at the charts lonk in the header.
North Atlantic (NAC.TO)
African Gold Group (AGG.V)
Birim (BGI.TO)
Golden Star (GSC.TO, GSS) -- recovering from Iamgold fight
Red Back (RBI.V) -- slight recovery
St. Jude (SJD.V) -- up nicely but low volume
Goldcrest (GCL.V)
High River (HRG.TO) -- hopping
Orezone (OZN.TO, OZN) -- pushing up since June
Cassidy (CDY.V) -- at last?
Guinor (GNR.TO) -- up on low volume
Axmin (AXM.TO)
Etruscan (EET.TO) -- up on low volume
Iamgold (IMG.TO, IAG) -- nearly doubled on GFI merger
Semafo (SMF.TO) -- rocketing this week
Gold Fields (GFI) -- up 50% since July
Australian United Gold (AUL.AU)
Resolute (RSG.AU)
Cambrian Mining PLC (CBM London) -- incl coal
Defiance (DM.TO), being acquired by Rio Narcea, has had big volume trades, but is wavering.
[ Disclosure: I own shares in 10 of the above. ]
FL
