With Shanghai dropping 6.74% last night I was all ready for that BOHICA moment at the bell this morning, but despite the general negativity around things aren’t that bad. Pass the Kool-Aid.
Dynasty (DMM.to) up 1.2% at $3.42 and bits of volume, too. Value hunters out and about, with rumbles from down under about the mining regs coming out soon. Ahh, that wonderful word “soon” as applied to South America.
ECU Silver (ECU.to) down 3.1% at $0.475. Hey, I got a great idea. I’ll refuse to learn about finances, refuse to learn about reading balance sheets, then buy ECU.to and then shake my fist at the illuminati market manipulators when my stock goes down. I’d feel sorry for these saps if it weren’t for their potty mouths.
Riverside Resources (RRI.v) down 8.4% at $0.38 and this is the support zone where the value buy is made in this stock. Volumes traded tend to be low so patience is needed, but there’s a trading profit to be made in this one here. Solid company, well managed.
Fortuna Silver (FVI.v) down 2% at $1.15. I could have chosen about three dozen examples of bellweather stocks showing general market feeling today and decided on FVI.v as the example. Volumes low-ish, small down move, nothing much going on. That’s today in jr miners, folks.