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Friday, May 8: Today in Gold and Silver

NEW YORK (TheStreet) — Looking at the gold price over the full 24-hour Thursday trading session, almost all the losses were in by the London open—and the low price tick came at precisely 8:30 a.m. EDT.  After a few bumps it traded sideways at the London open price for most of the remainder of the day, but it did crawl a couple of bucks higher into the close of electronic

Sandstorm Gold Announces Luna Gold $30 Million Financing with Pacific Roads

[PR Newswire] – VANCOUVER, May 8, 2015 /PRNewswire/ – Sandstorm Gold Ltd. (“Sandstorm”) (NYSE MKT: SAND, TSX: SSL) is pleased to announce that Luna Gold Corp. (“Luna”) has executed definitive agreements with Pacific Road Resources Fund II (“Pacific Road”) for a proposed C$10 million private placement equity financing and C$20 million senior secured note which, upon closing, will result in Luna receiving gross proceeds of at least C$30 million (the