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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: Battered stock markets near finding a bottom says CIBC World Markets

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Battered stock markets near finding a bottom says CIBC World Markets

posted on Nov 12, 08 06:27AM

By The Canadian Press

TORONTO - Stock markets battered by economic turmoil are "nearing a bottom" and the rest of the year should be meltdown-free, says CIBC World Markets chief economist Jeff Rubin.

But even though there may not be any more sharp nosedives on markets, the scene is not set for a sustained equity rally, Rubin says.

Rubin says the interest rate at which banks lend money to each other has been dropping from end-of-summer highs as central banks aggressively cut interest rates and billions of dollars in cash and guarantees are infused into economies.

That - and a new Chinese fiscal stimulus package - have eased credit and liquidity fears somewhat, creating a little more stability for companies and investors alike.

But Rubin says with credit fears abating, more focus will be put on another concern for the resource-heavy Toronto market, the troubled global economy.

He says recent economic data show that the United States has entered a recession alongside Europe and Japan, and notes that on average, it has taken the TSX about three years to fully recover from a bear market.

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