Rochester, NY 8/19/2009 5:25:45 PM
Golden Star Resources Ltd. (USA) GSS ,Golden Star Resources, Ltd. GSS -Resources Shows Bullish Shares Moving Up with 22.3%
Golden Star Resources Ltd. (USA)
Golden Star Resources Ltd. (Golden Star) is an international gold mining and exploration company that produces gold in Ghana, West Africa. Through its subsidiaries, it owns a controlling interest in four significant gold properties in southern Ghana.
The Bogoso/Prestea property, Wassa property, Prestea Underground property and Hwini-Butre and Benso concessions (HBB Properties). At December 31, 2008, Bogoso/Prestea and Wassa produced and sold 126,026 and 125,427 ounces of gold, respectively. Bogoso/Prestea had proved and probable mineral reserves of 23.8 million tons containing approximately 2.4 million ounces of gold. Wassa, including the HBB properties, had proved and probable mineral reserves of 11.7 million tons containing approximately 0.9 million ounces of gold.
Golden Star Resources recently release market trading 0.8% higher (up $0.02 to $2.47) posted on volume 197,979 shares. The company stock hits a 52-week high of $2.65. We are watching for a close above that level. Golden Star Resources stock has been showing better performance.
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