Mississauga, ON -- (SBWIRE) -- 03/03/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Junior TSX Miners Rising Monday Against the Grain of the Markets.”
Companies mentioned in this article include Marlin Gold Mining Ltd. (TSX-Venture:MLN), GoGold Resources Inc. (TSX:GGD), Animas Resources Ltd. (TSX-Venture:ANI) and Golden Reign Resources (TSX-Venture:GRR).
North American stocks are broadly weaker in Monday trading as investors bank profits and put investments on hold in light of escalated tensions between Russia and Ukraine. Some junior miners that were recently intertwined in a takeover battle are advancing, though, as the acquisition takes shape and the outside company starts producing gold.
In December, Marlin Gold Mining Ltd. (TSX-Venture:MLN) moved in to top an offer by GoGold Resources Inc. (TSX:GGD) to acquire Animas Resources Ltd. (TSX-Venture:ANI) as both companies sought to take control of Animas’ Santa Gertrudis gold project in Mexico. GoGold came back, offered more in a cash and share deal than Marlin was offering and stroked a definitive agreement with Animas. Marlin took its offer to the shareholders of Animas and eventually let it expire in January.
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