() Houston – The Gold Composite rose 0.27% to 1100.1 Thursday morning, compared to the S&P 500 which fell 1.40%.  Yet despite a bullish outlook towards gold stocks in general, many are still far below record gold bullion prices.

Analysts see China facing risk of vulnerability as the world’s fifth largest gold producer due to a short reserve line.  Coupled with a weaker dollar driving demand and an overall decline in gold mine production globally, bullion prices are seen as continuing to remain at record levels.  Yet with gold prices expected to remain high, gold stocks in the North American market are lagging behind those price levels.

Kinross Gold Corp. (NYSE: KGC) traded up 15 cents at $18.37 Thursday morning, though still off $5.54 from its prior 52-week hi of $23.91.

Gold Corp. (NYSE: GG) shares were up 15 cents at $44.86, but a long way from its 52-week record hi of $47.41.

Barrick Gold Corp. (NYSE: ABX) rose 42 cents to $45.16, the closest of the three major gold producers to reach its 52-week of $48.02.

In Canada, many junior gold stocks were seeing prices in the red Thursday morning with Barkerville Gold Mines (TSX.V: BGM) off 4 cents on heavy volume at $0.70 for an early morning loss of more-than 5%.

Investors punished Swift Resources (TSX.V: SWR) this morning whose share price was down 23.5% at $0.13.

Frontline Gold (TSX.V: FGC) gave up 11.1% to trade at $0.16.

Amongst junior exploration and development up and coming stocks, Sillenger Exploration (OTC: SLGX) traded down 2.6% at $1.46, taking less of a bump than its Canadian-listed microcap peers.

Amongst other US-listed gold juniors, Coastal Pacific Mining Corp. (Otcbb: CPMCF) soared an astounding 400%, though before you wet your pants, the thinly-traded CPMCF only saw 50,000 shares change hands this morning for a gain of $0.04.

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