IKN

a plague o both your houses

Trading Post (edition)

Minera Andes (MAI.to) up 16% at $0.43. Yup, the market really likes the McEwen news. Volume very strong.

Capstone Mining (CS.to) up 4.6% at $1.36 and was higher earlier. This is the kind of stock you look at, watch it perform compared to others in its sector and think “the good guys are being separated from the bad guys all right”. This is good. Notable upping of the promo campaign since its fusion with Sherwood was completed, as today’s PR is the fourth of the last three weeks.

Fortuna Silver (FVI.v) up 5% at $1.00. The guys from FVI.v are in New York today, doing the rounds and showing off their new investor presentation. Volume low today (so far, at least).

The market applause for FCX continues, up 4.7% at $31.20. Along with PCU (up 3.5% at $17), the big cap copper players aren’t being ignored by this market. Both have written down assets, both are cash flow positive, both are being run well by management.

Nadagold (NG) down 4.2% at $3.42. Nobody likes a smartypants shorter, so get on and hate me some more. Let the hopeful longs dream about my trading demise and grow evermore frustrated. Perro con pulgas

Cosan (CZZ) up 5.8% at $4.02. A nice move. Thanks UBS.

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