Sounds like Dundee are happy with what they've seen.
Canada Hot Stocks: Red Back, Aurelian, High River Gold
27 Jun 2008 - Dow Jones Newswires
Among the companies whose shares are making notable moves in Friday's session are Aurelian Resources Inc. (ARU.T), and High River Gold Mines Ltd. (HRG.T).
Red Back Mining Inc. (RBI.T, C$8.40, -C$0.40, -4.5%) Chirano gold mine could be affected by rising power costs in Ghana.
Ecuador has completed the draft of its new mining law, which Dundee reported indicates that the government is supportive of mining development and foreign investment. Mining company Aurelian Resources Inc. (ARU.T, C$5.65, C$0.42, 8.0%) operates in the country.
High River Gold Mines Ltd. (HRG.T, C$1.66, C$0.21, 15%) released an updated NI 43-101 mineral resource estimate on the Prognoz Silver Project that nearly doubles the size of the project. (Full story under HRG.T)
Dow Jones Newswires
06-27-08 1400ET
Copyright (c) 2008 Dow Jones & Company, Inc.
