resort, page-2

AIM should of finished up today, disappointing. They've been very quiet of late and they need to stand up.

I know why the assay results are delayed. In Africa the emphasis is on Gold at the moment, probably due to the surge in gold prices. Labs are putting other metals at the back of the queue, hence why AIM have moved to a different lab to expedite their results. As it's a new lab, they've only sent samples. If results come back positive they will send all of their findings.

Aust stocks close in positive territory, boosted by miners
STOCKS NIGJHTLEAD
By Ben Sharples
MELBOURNE, Nov 7 AAP - The Australian share market shrugged off an increase in interest rates by Reserve Bank of Australia (RBA) and closed in positive territory boosted by the big miners.
Official cash rates were raised 25-basis points to 6.75 per cent by the RBA, marking the sixth increase since the 2004 federal election.
The benchmark S&P/ASX200 index closed up 64.4 points to 6692.4, while the all ordinaries added 69 points to 6728.1.
At the close of day trading on on the Sydney Futures Exchange, the December share price index contract was 71 points higher at 6687, on a volume of 24,777 contracts.
CMC Markets analyst David Land said strong gains in the resources sector were underpinned by higher commodity prices.
"We had a very good lead in terms of commodity prices overnight, so that set up a good portion of the market for gains in trade today," Mr Land said.
"That's what we saw from stocks like the big diversified miners like BHP and Rio and some of the more specific companies - Newcrest from gold and Woodside from oil."
The market got off to a strong start following a positive lead from Wall Street overnight, which was boosted by higher commodity prices.
The Dow Jones industrial average put on 117.54 points to 13,660.94, the Standard & Poor's 500 Index added 18.10 points to 1,520.27 and the Nasdaq gained 30.00 points to 2,825.18.
Locally, the big miners were stronger, with BHP Billiton picking up 71 cents to $44.86 and Rio Tinto finding $3.72 to $112.22.
The spot price of gold was higher and it closed Sydney trading at $US835.20 an ounce, up $US25.70 an ounce on yesterday's local close of $809.50.
The gold miners were stronger, with Newcrest adding $2.06 to $34.86, Lihir picking up 21 cents to $4.38 and Newmont putting on 15 cents to $5.84.
The energy sector was stronger after oil prices rose to a record high of more than $US97 a barrel overnight.
Woodside added $1.80 to $54.39, Santos put on 38 cents to $13.88 and Oil Search picked up 18 cents to $4.52.