The recent success of gold miners is encouraging for Samaranta Mining Corporation (SAX), especially following Tuesday's announcement concerning the company's recent Magnetometer and Gamma Spectrometer (Radiometrics) survey. The survey, which occurred on four separate blocks, including the company's key asset, the Guadalupe property, yielded optimistic results; identifying eight areas demanding follow up.
The third-quarter earnings season has kicked off, but while initial results may be underwhelming, S&P's Sam Stovall says investors may want to watch the battered sectors more closely.