Minera Andes (MAI.to) up 4% at $0.77 and has been behaving itself in a very healthy way recently. If (big if, but it should be considered) copper continues on up, the big Argentine copper JV that MAI.to runs with Xstrata might start being considered as a positive asset.
Hochschild (HOC.L) down 10% at 182.5p in London trading today after the 2008 YE earnings report came in ….and sucked. Really, really sucked. Yes, we know that Ag went down to under $9/oz for a part of the time, but all the same….the numbers sucked. HOC.L hinted at a possible closure for its Peruvian ‘Selene’ mine, too, though that might be more a negotiating tactic with its presently striking Peruvian workforce than something to be taken seriously.
Dynasty (DMM.to) up 4.3% at $5.27. A silver lining for my port cloud. Volumes low.
Vena Resources (VEM.to) up 5% at $0.21, with some movement registered in German trading today, too. I’m looking you in the eye and telling you “this thing is worth more”.
Merado Libre (MELI) up 11.8% at $18.84 one 3X volumes. It’s a long time since I’ve mentioned this thing at the blog, but it’s always there in the corner of my stockscreen. I just can’t trade it to save my life, that’s all. If you’re a true bull on LatAm and particularly Brazil it’s one to consider, if only for it’s low debt.