Despite my deep set fears the market keeps giving me money. I keep accepting.
AuEx Ventures (XAU.to) up 4.3% at $2.89 and my idea of today’s typical action. People beginning to pay up to get a piece of quality junior mining companies. Volumes fairly low but clearly interest around on the bid side. Gotta like Long Canyon. DYODD, dude.
Troy Resources (TRY.to) up 7.8% at $2.07. Don’t touch that dial.
Fortuna Silver (FVI.v) up 7.8% at $1.39. Ditto.
Castle Gold Corp (CGC.to) down 2.8% at 70c and not joining in the party today. I wonder why…….
Sacre-Coeur (SCM.v) up 15% at $1.15 and a virtual double in just over a week; the zoomfest continues.
And hey…I could pick out a whole lot more, but waddya expect with gold knocking on the door of $1,000/oz and the market looking round for TheNextBigThing™? Really, XAU.to sums it up for me today as quality under-the-radar things are beginning to catch a bid. The trick is to identify quality from here, cos when they drop they drop the least and bounce the quickest.