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Jbay76 (< 20)

July 2011

Recs

7

Rubicon and Agnico Eagle Dance

July 28, 2011 – Comments (2) | RELATED TICKERS: RBY , AEM , GOLD

Yesteday Rubicon announced a strategic investment by Agnico Eagle in Rubicon, making Agnico a 9.2% institutional investor in RBY.  They scored over 21 million shares at C3.23, not bad at all.  Aside from the monetary gains and institutional confidence the deal brings to RBY, the deal creates a technical services agreement that enables RBY to have access to Agnico's geological and environmental engineering team to help advance it's F2 project at Red Lake.  Agnico, in turn, also has the right to maintain it's investment status of 9.2% ownership in RBY in future stock offerings if Agnico elects to do so.  [more]

Recs

16

Great Panther Strategizes

July 18, 2011 – Comments (0) | RELATED TICKERS: GPL , SIL , AUQ

Just came across this article describing GPL's aquisition of four mining concessions, totalling 1514 hectares of land 10-15 KM's NE of Gaunajauto, Mexico.  The area they now have access to gives them access to the La Sierra vein system that other mining companies have been mining.  One such company is AuRico and their El Cubo mine.  This is going to help position GPL into future gains for sure!  [more]

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