Tag «update»

Gold Update: Umesh Shanmugam

  But since gold has plummeted 17.5% dropping from $1600 down to $1320 per ounce with silver and gold stocks falling also they are now headline news once again. This move has caused some serious damage to the charts when looking at it from a technical analysis point of view. Below are some basic analysis …

SILVER UPDATE – Umesh Shanmugam

The $26 level has acted as silver’s support for over two years now. And after a 10% slide over the past three weeks, including Friday’s 6% drop, we’re once again challenging this all-important line in the sand. Will $26 hold this time? Maybe not… yet I remain a long-term silver bull and see lower prices …

Crude oil Update: Umesh Shanmugam

Crude oil has been trading ways for the past year between the 2011 high and low. The trading range through 2012 has been contracting with a series of lower highs and higher lows. This pennant formation because it is taking place after an uptrend is a bullish pattern with $110 and possibly even $140+ per …

Xstrata – Update on Merger with Glencore International plc

Zug, 22 January 2013 Xstrata notes today’s decision by the South African Competition Tribunal confirming that under the South African Competition Act it has cleared the recommended all-share merger of equals between Glencore and Xstrata. Completion of the Merger remains conditional upon the receipt of the outstanding regulatory approval in China and completion of the …

XSTRATA – Update on Merger with Glencore International plc

Zug, 18 January 2013 On 10 December 2012, Glencore and Xstrata announced the extension of the long stop date for the Merger from 31 December 2012 to 31 January 2013, due to the ongoing regulatory processes in South Africa and China. As those processes remain ongoing Glencore and Xstrata have agreed, with the consent of …

Botswana Diamonds [BOD] – Update on Botswana Exploration Positive Results from Technical Cooperation Agreement with Diamond Major

Update on Botswana Exploration Positive Results from Technical Cooperation Agreement with Diamond Major Botswana Diamonds plc (AIM: BOD) (“Botswana Diamonds” or “the Company”) is pleased to report positive results from its year-long Technical Cooperation Agreement with a major diamond multinational. 13 specific sites have been identified in the northeast area of Botswana which Botswana Diamonds …

WestSide Corporation Limited [WCL] – Indicative takeover proposal update

12 December 2012 WestSide Corporation Limited (ASX Code: WCL) advises that the party from which the Company received an indicative, conditional, non-binding and confidential proposal on 19 November 2012, has requested and been granted additional time to conclude due diligence. WestSide initially agreed not to solicit proposals from other parties for a period of three …