Troy Resources (TRY.to) refuses to go under $0.90 (which is where I want to buy it). Buy now at 0.91/0.92 or wait a while longer? Which wrong decision do I make this time……..?
Coastport Capital (CPP.v) is a leetle leeetle springer that has caught the corner of my eye for the last three days. Now at $0.045 and coughing and spluttering its way back up from the 2c doghouse. Ecuador exposure is the key to this stock so regular readers will understand why it’s recovering. I have never owned or reco’d the stock, FWIW. Not reco’ing it now, either. Just saying it’s caught my eye, so DYODD.
Corriente Resources (CTQ.to) (ETQ) at C$4.11 right now. I’d like to be positive about CTQ and it’s been getting a bounce off next week’s Ecuador mining law second debate, but it looks as though a lot of the expectation is now baked in to the price. It was a buy a few weeks ago under $3 but I was all wishy-washy then as well, so WTFDIK anyway? I know lots of people like this stock but I also know there’s a lot bunch of cheaper copper plays in LatAm right now, cash at bank or no cash at bank. Jeesh, what a pathetic fence-sitter I am.
Rusoro (RML.v) down 8% at $0.66 today, taking a breather from the big run-up we’ve seen recently. Watch this space for news on RML, people. Otto’s got a surprise up his sleeve.
Cosan (CZZ) down 3%. It went under $4 but has popped back up nicely and is behaving very well considering yesterday’s big move and today’s broad market weakness. Me own and me likey.