Thursday, May 27, 2010

Jaguar Mining (TSE:JAG) ,Gabriel Resources (TSE:GBU), Greystar Resources (TSE:GSL) Down, on Otherwise Good Gold Day

While most gold miners continue their upward climb, that was unfortunately not true for all of them, as Jaguar Mining (TSE:JAG), Gabriel Resources (TSE:GBU) and Greystar Resources (TSE:GSL) all bucked the trend in negative way, at least on the Toronto exchange.

Jaguar was in the positive side in New York, ending the session up by $0.06, or 0.66 percent. They closed at $9.16.

There was no apparent reason for the drop in the price of these gold miner's share, as no news came out which would have caused the share prices to fall.

In Toronto, Greystar closed at $3.83, down $0.02 or 0.52 percent; Gabriel closed at $3.94, a loss of $0.19 or 4.6 percent; and Jaguar closed at $9.64, down $0.12, or 1.23 percent.

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