Gold $1100 :)

Nov.6/2009

Gold punched through the $1100 mark today. It was brief but $1100 just the same. Not many penny mining stocks closed up high though. Kind of unfortunate. Prophesy Resource PCY is one little player we have been following for a couple of weeks and it did close out on a new high.

Back on the 3rd we mentioned Gitennes GIT had some abnormal volumes. It is still inching up that 2 steps forward, one step back. Volume today was down but the stock is back on our radar. They have projects in Peru. Gold and copper plays. Only 50 million shares OS. At 8 cents this is in our eyes at least worth a watch.

Terrane Metals TRX closed up a bit but still of the highs. First Majestic FR-T was interesting as the stock went up but the warrants closed down.

As always, please read our disclaimer and do Due Diligence.

Until next time. Watch those pennies, take advantage of our “Free Online Trading Course” and check out that mining stock ebook!!