RSD Weekly Recap: Midas Gold (TSX: MAX), Cordoba Minerals (TSX-V: CDB), Millrock Resources (TSX-V: MRO)

February 21, 2017

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This is Gerardo Del Real with the Resource Stock Digest weekly recap.

Gold registered a gain for the third consecutive week closing at approximately $1,239 per ounce for a weekly gain of 0.3%. This despite a higher dollar which was also up and managed a weekly gain of 0.2%.

Silver also managed a weekly gain of 0.5%, settling just above $18 per ounce. Copper however did not, closing at $2.77/lb., down approximately 2.1%.

Platinum also registered a weekly loss closing at $1,006 per ounce for a weekly loss of approximately 0.6% while palladium closed at $779 per ounce for a weekly loss of 0.5%.

Uranium’s price gains came to a pause last week as it settled at just over $24/lb.

Zinc also closed lower at $1.28 lb. although the price is down from nearly 9-year highs.

Another busy week at Resource Stock Digest. I once again had the privilege to speak with the legendary Mr. James Dines (click for interview).

I also had a chance to chat with (click for interview) Midas Gold President & CEO Mr. Stephen Quin.

I caught up with (click for interview) Cordoba Minerals President & CEO Mario Stifano to go over the expanded drilling program for one of the sector’s most exciting discoveries at the San Matias project in Colombia.

Millrock Resources President & CEO Greg Beischer shared (click for interview) details of the latest geophysical results from the Oweegee Dome project and went over the change in sentiment in the resource space, a change in sentiment that has contributed to Millrock’s share price recently breaking out.

That’s all for this week. This is Gerardo Del Real for Resource Stock Digest.

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Small Cap Stock Digest



Name Last Change
DOW 27094.80 0.19%
S&P 500 3006.79 0.00%
NASDAQ 8182.88 0.07%
TSX 16858.35 0.34%
TSX-V 584.22 0.00%

Resource Commodities

Name Last Change
Gold 1503.67 0.27%
Silver 17.88 0.45%
Copper 2.61 2.609
Platinum 901.00 0.67%
Oil 58.13 0.03%
Natural Gas 2.54 3.90%
Uranium 25.53 0.59%