Gold punched through $US1,600/oz on January 8 — the highest in eight years — as Middle East tensions flared.

“We’ll see $US2,000/oz by the end of the month/quarter/year no worries,” people probably said.

Gold perma-bulls like Holter are on a whole other level.

At the moment $2,000/oz doesn’t seem that fanciful, but prices have softened marginally over the past week as US — [insert country here] tensions ostensibly wane. Gold loves drama.

Local goldies can’t complain though. $US1,600 equals ~$2,300 Australian, which equals fat profits for local producers who, on average, report all in sustaining costs (AISC) of between $1,000/oz and $1,400/oz.

READ: Our biggest producers are swimming in green as gold breaches $US1600/oz

$US gold price over the past month.

 

BIG MOVERS

It was a pretty balanced week for our basket of ASX-listed gold stocks – 43 went up, 57 went down, and 40 didn’t move.

The start of January is generally a slow/boring period for company news, but don’t worry – that’s about to change. Holiday time is officially over.

Ambitious ~$3.6m market cap Dampier Gold (ASX:DAU) was #1 mover this week, up 47 per cent after finalising an exploration joint venture with Torian Resources (ASX:TNR).

Dampier — which wants to be a producer within three years — can earn a 25 per cent interest in the Credo Well project near Kalgoorlie by spending $500,000 over the next 15 months.

“Dampier has undertaken a detailed technical analysis of the Credo Well project and has identified a number of priority targets which it will test with detailed drilling,” Dampier chairman Malcolm Carson says.

“Your directors are excited about the potential for an early discovery of a commercially viable gold resource on the Credo leases and is now in a position to implement its exploration strategy for Credo and related drilling programs.”

Then there’s uranium play/former shell company Cauldron Energy (ASX:CXU) which announced plans to buy the historic Bullarto South and Blackwood gold projects back in December.

READ: The Tale of Cauldron and the “largely forgotten” Blackwoods Goldfield

Only now — following discussions with the ASX regarding compliance — has the explorer retracted some late November/early December statements “in relation to the current value of historic production, historical exploration results, and commercial objectives”.

The share price leapt 32 per cent in response.

There must be a lesson here somewhere.

NOW READ: Money Talks: The future looks bright for these 3 stocks as gold runs hot

Here’s the best performing ASX small cap gold stocks for the period January 6 — January 13 [intraday] >>>

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

Ticker Name Price [intraday Monday] 1 Week Return % 1 Year Return % Market Cap
DAU DAMPIER GOLD 0.021 47 -31 $ 3,238,262.00
CXU CAULDRON ENERGY 0.025 32 19 $ 8,573,913.00
TMX TERRAIN MINERALS 0.005 25 25 $ 3,615,805.00
MTH MITHRIL RESOURCES 0.011 22 120 $ 4,903,892.00
SPX SPECTRUM METALS 0.096 20 2125 $ 121,925,336.00
STN SATURN METALS 0.365 20 87 $ 25,616,250.00
WWI WEST WITS MINING 0.012 18 30 $ 12,187,903.00
DHR DARK HORSE RESOURCES 0.0035 17 -22 $ 7,103,779.00
BYH BRYAH RESOURCES 0.049 16 -45 $ 4,940,000.00
AUC AUSGOLD 0.014 15 -38 $ 14,852,243.00
SAU SOUTHERN GOLD 0.19 15 20 $ 17,665,752.00
HRZ HORIZON MINERALS 0.095 12 -39 $ 38,089,792.00
AWV ANOVA METALS 0.01 11 11 $ 6,391,323.00
MDI MIDDLE ISLAND RESOURCES 0.005 11 -17 $ 5,884,261.00
GNM GREAT NORTHERN MINERALS 0.01 11 -67 $ 3,122,422.50
TSC TWENTY SEVEN CO 0.01 11 150 $ 12,192,439.00
RGL RIVERSGOLD 0.01 11 -85 $ 2,177,537.25
TAR TARUGA MINERALS 0.014 9 -77 $ 3,514,883.25
KWR KINGWEST RESOURCES 0.185 9 3 $ 16,596,150.00
FML FOCUS MINERALS 0.265 9 43 $ 45,687,140.00
MEU MARMOTA 0.027 8 69 $ 22,798,588.00
BSR BASSARI RESOURCES 0.016 7 -20 $ 35,633,324.00
AOP APOLLO CONSOLIDATED 0.245 7 53 $ 54,261,752.00
EMR EMERALD RESOURCES 0.042 6 35 $ 128,035,008.00
KCN KINGSGATE CONSOLIDATED 0.45 6 144 $ 101,801,672.00
GML GATEWAY MINING 0.018 6 0 $ 21,433,856.00
KTA KRAKATOA RESOURCES 0.04 5 60 $ 6,650,000.00
CYL CATALYST METALS 2.99 5 66 $ 246,353,408.00
NUS NUSANTARA RESOURCES 0.34 5 89 $ 64,654,316.00
CWX CARAWINE RESOURCES 0.23 5 44 $ 18,544,200.00
SAR SARACEN MINERAL HOLDINGS 3.585 4 24 $ 3,992,465,152.00
GUL GULLEWA 0.029 4 0 $ 4,498,570.00
BRB BREAKER RESOURCES 0.3 4 -17 $ 67,082,824.00
TLM TALISMAN MINING 0.094 3 8 $ 17,916,324.00
TRY TROY RESOURCES 0.097 3 -11 $ 60,678,120.00
OKR OKAPI RESOURCES 0.099 3 -58 $ 3,568,243.75
BC8 BLACK CAT SYNDICATE 0.35 3 150 $ 29,462,866.00
A1G AFRICAN GOLD 0.175 3 $ 9,877,000.00
NAG NAGAMBIE RESOURCES 0.041 3 -41 $ 18,447,226.00
BDC BARDOC GOLD 0.085 2 58 $ 118,158,352.00
CAI CALIDUS RESOURCES 0.26 2 -6 $ 55,819,156.00
ARL ARDEA RESOURCES 0.565 2 26 $ 63,342,236.00
NCM NEWCREST MINING 30.86 2 31 $ 23,980,220,416.00
VAN VANGO MINING 0.165 0 3 $ 126,482,800.00
AAJ ARUMA RESOURCES 0.003 0 -40 $ 2,128,241.75
AYR ALLOY RESOURCES 0.0015 0 -33 $ 4,177,354.75
LNY LANEWAY RESOURCES 0.0075 0 133 $ 26,040,462.00
MSR MANAS RESOUCES 0.0025 0 -50 $ 5,286,325.00
TNR TORIAN RESOURCES 0.008 0 -56 $ 2,526,237.50
BAR BARRA RESOURCES 0.022 0 -44 $ 12,526,831.00
HMX HAMMER METALS 0.022 0 5 $ 11,158,378.00
ALY ALCHEMY RESOURCES 0.011 0 -28 $ 6,055,768.00
DTM DART MINING NL 0.09 0 -25 $ 4,816,719.50
NXM NEXUS MINERALS 0.046 0 -13 $ 5,793,787.50
MAT MATSA RESOURCES 0.125 0 -31 $ 26,030,084.00
AQI ALICANTO MINERALS 0.043 0 43 $ 8,170,911.00
SFM SANTA FE MINERALS 0.07 0 -25 $ 5,097,315.00
LEX LEFROY EXPLORATION 0.185 0 6 $ 18,590,048.00
CDT CASTLE MINERALS 0.009 0 13 $ 2,135,081.50
AZM AZUMAH RESOURCES 0.033 0 18 $ 32,293,200.00
RXL ROX RESOURCES 0.026 0 189 $ 36,448,680.00
VKA VIKING MINES 0.013 0 -24 $ 4,078,332.25
ARM AURORA MINERALS 0.01 0 -28 $ 2,342,665.75
DGO DGO GOLD 0.95 0 48 $ 34,316,452.00
OKU OKLO RESOURCES 0.16 0 -37 $ 70,174,184.00
OAU ORA GOLD 0.022 0 83 $ 12,922,618.00
DEG DE GREY MINING 0.052 0 -51 $ 55,043,188.00
CTO CITIGOLD CORP 0.005 0 -17 $ 12,005,866.00
HAW HAWTHORN RESOURCES 0.089 0 43 $ 26,129,250.00
AGS ALLIANCE RESOURCES 0.105 0 -11 $ 16,174,025.00
MOH MOHO RESOURCES NL 0.045 0 -59 $ 2,453,280.75
CY5 CYGNUS GOLD 0.04 0 -49 $ 2,661,792.25
GBR GREAT BOULDER RESOURCES 0.038 0 -70 $ 5,471,614.00
E2M E2 METALS 0.18 0 125 $ 16,536,561.00
HRN HORIZON GOLD LIMITED 0.21 0 -5 $ 16,071,430.00
NES NELSON RESOURCES 0.06 0 -59 $ 2,735,570.75
ONX ORMINEX 0.08 0 -65 $ 45,284,584.00
ARS ALT RESOURCES 0.02 0 -33 $ 11,162,213.00
GMR GOLDEN RIM RESOURCES 0.01 0 -38 $ 12,792,627.00
AAR ANGLO AUSTRALIAN RESOURCES 0.1 0 18 $ 37,553,672.00
KGM KALNORTH GOLD MINES 0.005 0 -29 $ 4,471,200.50
CGN CRATER GOLD MINING 0.012 0 -20 $ 14,729,950.00
CMM CAPRICORN METALS 1.235 0 250 $ 396,213,504.00
TBR TRIBUNE RESOURCES 5.39 -1 37 $ 298,051,232.00
RED RED 5 0.34 -1 266 $ 442,005,280.00
GOR GOLD ROAD RESOURCES 1.31 -1 106 $ 1,190,912,000.00
CDV CARDINAL RESOURCES 0.345 -1 -12 $ 170,438,464.00
PRX PRODIGY GOLD NL 0.065 -1 -15 $ 38,902,048.00
RMS RAMELIUS RESOURCES 1.295 -2 149 $ 885,642,688.00
SLZ SULTAN RESOURCES 0.058 -2 -3 $ 2,762,267.50
WGX WESTGOLD RESOURCES 2.29 -2 147 $ 939,224,384.00
SBM ST BARBARA 2.74 -2 -40 $ 1,936,676,224.00
RML RESOLUTION MINERALS 0.05 -2 -32 $ 5,693,347.50
MAU MAGNETIC RESOURCES NL 0.485 -2 149 $ 90,912,088.00
EVN EVOLUTION MINING 3.64 -2 -3 $ 6,493,470,208.00
AMG AUSMEX MINING GROUP 0.075 -3 27 $ 39,534,920.00
BCN BEACON MINERALS 0.037 -3 93 $ 111,486,672.00
VMC VENUS METALS CORP 0.185 -3 14 $ 27,949,556.00
MML MEDUSA MINING 0.84 -3 115 $ 177,664,128.00
KRM KINGSROSE MINING 0.03 -3 -42 $ 21,900,220.00
DGR DGR GLOBAL 0.081 -4 -38 $ 45,988,640.00
ARV ARTEMIS RESOURCES 0.027 -4 -80 $ 26,285,128.00
NST NORTHERN STAR RESOURCES 11.53 -4 24 $ 8,667,805,696.00
GED GOLDEN DEEPS 0.023 -4 -49 $ 6,173,388.50
ADN ANDROMEDA METALS 0.043 -4 514 $ 63,889,680.00
RRL REGIS RESOURCES 4.195 -5 -9 $ 2,210,585,088.00
TIE TIETTO MINERALS 0.285 -5 358 $ 87,444,768.00
ALK ALKANE RESOURCES 0.59 -6 213 $ 348,572,928.00
CHN CHALICE GOLD MINES 0.265 -6 81 $ 67,146,696.00
SLR SILVER LAKE RESOURCES 1.315 -6 137 $ 1,200,987,264.00
PUA PURE ALUMINA 0.015 -6 -63 $ 3,326,412.25
DCN DACIAN GOLD 1.495 -7 -39 $ 358,745,824.00
TAM TANAMI GOLD 0.039 -7 -7 $ 46,416,332.00
MKG MAKO GOLD 0.065 -7 -40 $ 6,845,958.50
BBX BBX MINERALS 0.13 -7 -29 $ 53,740,920.00
BLK BLACKHAM RESOURCES 0.0125 -8 -71 $ 56,594,912.00
AME ALTO METALS 0.036 -8 -24 $ 10,561,456.00
PRU PERSEUS MINING 1.06 -8 155 $ 1,325,657,856.00
BNR BULLETIN RESOURCES 0.023 -8 0 $ 4,123,740.75
ERM EMMERSON RESOURCES 0.11 -8 55 $ 46,733,928.00
TTM TITAN MINERALS 0.175 -8 -31 $ 50,416,344.00
GMN GOLD MOUNTAIN 0.073 -9 -4 $ 46,966,556.00
MLL MALI LITHIUM 0.071 -9 -57 $ 23,166,412.00
WAF WEST AFRICAN RESOURCES 0.42 -10 77 $ 378,658,304.00
GSN GREAT SOUTHERN MINING 0.067 -10 117 $ 21,988,714.00
RND RAND MINING 2.21 -10 11 $ 132,928,128.00
BGL BELLEVUE GOLD 0.51 -10 16 $ 299,205,152.00
GWR GWR GROUP 0.08 -11 -22 $ 21,903,874.00
PGI PANTERRA GOLD 0.037 -12 54 $ 7,220,241.00
SVL SILVER MINES 0.105 -13 75 $ 99,765,672.00
GBZ GBM RESOURCES 0.032 -14 -20 $ 6,982,686.00
RSG RESOLUTE MINING 1.115 -14 -4 $ 1,097,331,840.00
NWM NORWEST MINERALS 0.165 -18 7 $ 13,833,630.00
PDI PREDICTIVE DISCOVERY 0.008 -20 -43 $ 5,466,753.50
ANL AMANI GOLD 0.002 -20 -49 $ 12,093,122.00
DTR DATELINE RESOURCES 0.002 -20 -33 $ 16,420,156.00
SIH SIHAYO GOLD 0.014 -22 -13 $ 31,466,550.00
SMI SANTANA MINERALS 0.003 -25 -40 $ 10,735,782.00
GSM GOLDEN STATE MINING 0.055 -26 -68 $ 1,904,562.38
MLS METALS AUSTRALIA 0.001 -33 -67 $ 3,207,352.75
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