RSD Weekly Recap: Fission Uranium (TSX: FCU), Riverside Resources (TSX-V: RRI)

March 28, 2017

This is Gerardo Del Real with the Resource Stock Digest weekly recap.

Gold settled higher for the second week in a row on the back of a weaker dollar that broke below the critical 100 level.

Gold closed at $1,248 per ounce, good for a weekly gain of 1.5%. Silver also closed higher adding nearly 2% and closing at $17.74 per ounce.

The dollar meanwhile closed down 0.7% mainly due to the perception that the Trump administration may be better at tweeting about governing than actually governing.

Copper closed at $2.63/lb., a weekly decline of 2.3%. Platinum however added 0.5% for the week closing at $967 per ounce while palladium surged 5.8% for the week closing at $813 per ounce.

West Texas Intermediate crude closed at $47.97 a barrel, a weekly decline of 1.7%.

Uranium closed at the $24/lb. level while zinc closed at $1.27/lb.

Here at Resource Stock Digest we caught up (click for interview)  with Fission Uranium President Ross McElroy to go over the new high-grade discovery at the world class PLS project.

I also had the opportunity to speak with (click for interview) Riverside Resources CEO John-Mark Staude about the most recent trench results at the Glor gold project.

That’s all for this week. This is Gerardo Del Real with Resource Stock Digest

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25877.50 0.76%
S&P 500 2864.05 0.83%
NASDAQ 7785.72 1.07%
TSX 16424.46 0.14%
TSX-V 612.34 0.00%

Resource Commodities

Name Last Change
Gold 1274.78 0.20%
Silver 14.45 0.07%
Copper 2.73 2.726
Platinum 901.00 0.67%
Oil 63.10 0.54%
Natural Gas 2.67 1.57%
Uranium 24.60 0.00%
Zinc 1.20 0

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