Category: Investor’s Corner

Endeavour’s shares have dropped after reporting a decrease of 19% in proven and probable reserves for a total of 13.4 M oz silver between the company’s two Mexican mines, Guanacevi and Guanajuato. However, the indicated silver resources were up 16% at 27.4 million oz and indicated gold resources were up 53% at 182,000 oz. It will be critical to Endeavour’s success to extend the mine lives by replacing the mined ore with more proven reserves, hence Endeavour plans to spend $9.2 million on exploration and drilling in Mexico this year while simultaneously increasing production rates at the two mines.

Chesapeake Gold is looking for a partner for their world-class Metates Silver-Gold project in Durango, Mexico

Shares of Freeport McMoRan Copper and Gold Inc (FCX) saw unusually high trading volume on Thursday. Approximately 18,930,470 shares changed hands during mid-day trading, an increase of 1.82% from the previous session. The stock last traded at $47.86.

The Toronto stock market was negative Wednesday as worries about how rising energy costs will affect the global economy punished mining stocks while crude oil prices again headed higher.

Starcore International Mines Ltd. (TSE:SAM) went up 10.53%, to close at $0.105 and its overall traded volume was 432,500.00 shares in the last trading session

Argentum Silver Corp. (TSX VENTURE:ASL) (“Argentum” or the “Company”) announces the grant of incentive stock options to certain directors, officers and consultants of the Company to purchase up to 600,000 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.31 per share on or before March 7, 2016, subject to the approval of the TSX Venture Exchange.

Yamana Gold, Newmont, Goldcorp

Southern Copper Corporation (USA) (NYSE:SCCO) ended at $40.73. Southern Copper Corporation is an integrated copper producer.

The stock has average daily volume of 1.86 million shares. At Today’s closing market price, the market capitalization of the company stands at $34.62 billion.

Corsa Capital Ltd. (TSX VENTURE:CSO) (“Corsa”) is pleased to announce that Mr. Michael J. Harrison has agreed to join the Company’s Board of Directors, expanding Corsa’s Board to a total of nine members.

Cardero Resources Corp. (TSE:CDU) percentage change grew 7.89%, to close at $2.05 and its overall traded volume was 1.44M shares in the last trading session. CDU opened at $1.98 and is trading within the range of $1.91-$2.16. The stock has a 52 week low of $1.06 and 52 week high of $2.35. At current market price, the market capitalization of the company stands at $120.84M and it has 58.95M outstanding shares