drowsy syrups of the world

Trading Post (head above the parapet edition)

Is it safe to come out yet? It’d be nice to believe that today’s GreenScreen is the start of a more pleasant period for equities but let’s not jump the gun, as today may turn out to be a small verdant oasis sitting amongst a sea of smelly gunk. Still, let’s enjoy saying nice things about nice stocks for a day.

Antares Minerals (ANM.v) up 5.8% at $2.36. Was this really trading as low as $2.02 just three sessions ago? Seems like another epoch. Casey subbers will be happy with this move, as it now only has another 17.8% to move up before they’re back to neutral on the stock.

Rio Alto Mining (RIO.v) up 4.1% at $0.77. This stock has weathered the last couple of weeks far better than most junior goldies, perhaps because it’s already secured the necessary moolah to bring its near-term project to production. If gold hangs around at $1.2k it’ll be a serious cash cow, as the number work just fine at $1,000/oz. DYODD.

Dorato Resources (DRI.v) down 4.7% at $0.82 on tiny volume and the Cardero Crew deciding not to join in the party. One would have thought that a decent gold exploration company might have little problem in attracting a rebound on renewed sector interest today. Whatever could be holding this company back?

AuEx Ventures (XAU.to) up 4.4% at $3.33 and back to the price printed at last Friday’s close. note to subbers; I’m trying to do what I want to do here, but the piddly volume is making things sticky so patience is being applied.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.