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Wednesday, August 4, 2010

Aurizon Mines (AMEX:AZK) and Minefinders (AMEX:MFN) in Positive Territory on Gold Prices Rising

Gold prices shot up quickly today, reaching over $1,202 an ounce, before pulling back slightly. Now gold prices have given up a little more, although they're still holding over $10 on the day.

Aurizon Mines (TSE:ARZ)(AMEX:AZK) and Minefinders (TSE:MFL)(AMEX:MFN), along with a number of gold miners and miners in general, have moved up with the gold prices.

If they gold holds for the day, which it looks like it will, it'll be the sixth straight day it closes with a gain.

Aurizon Mines was at $5.08 a share as of 1:50 PM EDT, gaining $0.03, or 0.59 percent. Volume was a little below the 3-month average of 557,618.

Minefinders climbed to $8.79 a share, increasing $0.19, or 2.21 percent. Volume was below its 3-month average of 539,265.

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