IKN

Every why hath a wherefore

Trading Post (broken hair edition)

News from the breakfast table: After getting my hair cut short yesterday (my preferred bi-monthly buzzcut) the youngest noticed with surprise this morning and said between mouthfuls of cornflakes “Dada! Your hair is broken!“. Parenthood, eh?

Alturas (ALT.v) up 16.7% at $0.21 with just one trade made and the ask at 25. ALT came out with some good news on a link-up with BVN this morning, as the big miner options in to one of ALT’s silver properties in Peru and the little miner gets a free ride and (if all goes well) handy cash payments along the way. Notable is the action in the Lima bourse on the stock this morning, as 500k shares in mucho operations have traded there since the announcement (update, make that 685k shares and counting) and the price is U$0.21…Toronto caught snoozing again.

Dynasty (DMM.to) up 1.9% at $3.30, but better than the smallish move is the better volumes on today’s leg of the climb-back. So much for the end of the world, eh shillerz?

ECU Silver (ECU.to) up 1.9% at $0.53, and a nice reminder that the stock markets are populated by suckers. How anyone can possibly bid up this stock today is beyond me and I don’t care if silver spot goes to $16 mañana. At some point it does become our moral responsibility to separate fools from their money….these people become rich and they could get dangerous.

Minera Andes (MAI.to) down 2.9% at $0.66, and as IKN Weekly subscribers found out over two hours ago I bought some MAI on a stink bid at 65c this morning. They also know why. DYODD, dude.

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