Take physic, pomp

Trading Post (absent friends edition)

Well I actually had a complaint mail this morning about the lack of Trading Posts the last 48 hours….jeesh guys, keeping me on my toes. I readily admit that nowadays I aim day-to-day stock market stuff at IKN Weekly subscribers (hint hint) more than the blog these days (fat lot of good it might be doing them, though). Anyway, on a day like today the best thing to do is avoid balanced views as much as possible, not look at the growing holes in your own portfolio and just laugh a lot at the scammy juniors getting whacked around. So three bad’uns and two good’uns coming up.

Nadagold (NG) down 5.3% at $4.65. Take one down and pass it around, there’s 64 bottles of beer…ooon…the….waaaaaaall. Another $2 to drop before it begins to resemble a logical price. Rick! agrees, as he’s been selling his stock hand over fist on the recent mad upwave.

Fronteer (FRG) (FRG.to) up a penny at U$3.29 and a looniepenny at C$3.72. When Prez, CEO and wearer of slick suits’n’ties* Mark O’Dea (see below) buys 10,000 shares at C$3.60 on the recent drop….

Jun 17/09 Jun 17/09 O’Dea, Mark Gerard Direct Ownership Common Shares 10 – Acquisition in the public market 10,000 $3.600
….I think we can class the move as a positive :-). We very like FRG at current levels.

Dynasty (DMM.to) down 3.3% at $3.53. I got a message from a reader (thanks) saying that some BS shilling is going on around DMM.to. A sell call is being made by an investment house well-known for loving itself long before caring about its clients citing “upcoming political risk in Ecuador.” That, people, is freakin’ hilarious. How the devil people that can’t even speak Spanish can predict some vague “upcoming risk” and use it as justification to sell one single company (well-known for being located in a particularly low political risk area of the country); it would be laughable if it weren’t so brazenly false and manipulative. FWIW, IKN Weekly subbers got a rundown of the present situation in Ecuador from a company, political and macroeconomic point of view. Nothing of worth has changed since then. The time will come when facts will shine through the BS and the bugaboo talk about Ecuador will have to stop. By that time we holders of DMM.to will already be much richer than we are today and laughing at the egg splattered all over the faces of knownothing dumbasses. DYODD.

ECU Silver (ECU.to) down 3.2% at $0.60. Oh dear. How sad.

Exeter Resources (XRC.v) (XRA) down 1.2% at C$3.26. A quick example of how self-serving management treats itself. The options didn’t work out? Out the money til expiry date? No worries, boyz! Just let ’em drop and we’ll give you a whole new batch at a lower price!

Jun 17/09 Jun 16/09 Montpellier, Louis George Direct Ownership Options 50 – Grant of options 200,000 $2.850
Jun 17/09 Jun 16/09 Montpellier, Louis George Direct Ownership Options 52 – Expiration of options -200,000 $4.310

*He happens to be good at his job, but still…..

Come on take a little walk with me baby
and tell me who do you love?
Who do you love?
Who do you love?
(Bo Diddley, 1956)

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