Tanzanian Royalty Exploration Corporation and gold mining stocks update

dots Posted on September 19, 2006 , filed under Stocks | Print This Post

After writing this article, I have followed through with my strategy in accumulating shares of Tanzanian Royalty Exploration Corporation (TRE).

On September 12th, 2006, I purchased 2000 shares of TRE at $5.09. On September 15th, 2006, I purchased 4000 shares of TRE at $4.45. I currently own 10,000 shares of TRE purchased at an average price of $5.74.

I am looking at purchasing shares of Yamana Gold, Inc. (AUY) at under $9. TRE and AUY are currently my top two gold mining stock picks.

I am considering purchasing shares of Northgate Minerals Corporation (NXG) at under $3 and Coeur d’Alene Mines Corporation (CDE) at under $4.40.

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