Take physic, pomp

Trading Post (it’s all good edition)

Who cares about consumer confidence? Who cares about unemployment? Who cares about earnings? Just buy stocks and fuggedabadit.

IMA Exploration (IMR.v) down 9.1% at $0.30. This now looks great value on the proposed merger with KBX.v and IBX.v. If the deal goes through pro-rata to working capital IMR is now trading at around 70% net cash, which gives lots of leeway for the finer details of the fusion. Limited downside and potential 20% quick gain? Yep, I’ll go for that. DYODD.

Rusoro (RML.v) up 3.8% at $0.415 and Roy Carson is an asshole. If Agapov thinks the kind of bullshit published yesterday is the way to run a company I’m outta here once and for all.

Fronteer (FRG) down 4% at U$3.56 and gotta say I saw it coming. FRG has banged its head trying to get thru $4 once too often. We really like the stock (ever since being aimed this way by Gary Biiwii) and have all the time in the world for it but have shaved a little more off holdings this week. Just a little. DYODD.

ECU Silver (ECU.to) down 5.4% at $0.53. Yeah I know the whole silver complex is down today….I’m just mentioning ECU.to to be petty, ok?

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