start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

I say things on Twitter

11/12/09

Trading Post (wake me up when it's all over edition)


Nadagold (NG) down 4.8% at U$5.11. You have to feel sorry for the US investor in junior exploration golds, deprived ofthe chance to move on the hundreds of possibles and forced into considering crud like this simply because they have access to the US market.

Fortuna Silver (FVI.v) up 4.7% at $1.78 and bucking the trand of its peers today (though volumes not stunning). FVI.v is supposed to report today. The CC is definitely Monday 11am EST, though. DYODD.

Colossus Mineral (CSI.to) down 0.7% at $5.40. It's been funny to watch the market scratch its head over today news, trying to work out whether it's good or bad (handy hint: not good). Ask the house analysts about geology, rocks, grades, metallurgy or any of that malarkey and you'll get all these bullish sounds from them, but as soon as political risk rears its ugly head the silence is roaring. I wonder why........

B2Gold (BTO.to) down 4.4% at $0.88. BTO tried and failed to bust out over its resistance yesterday. No matter charties, it'll happen. According to sources the Limon strike is now over and they're all back working happily, but we're looking for news on Orosi at the end of this month to make the real difference.

Oro Silver (OSR.v) down 5% at $0.19 and I'm down on the small roll-da-bones position taken at 23c. So be it. I thought about selling and taking the loss today but volume dried to nothing, so better to wait and see. Hardly likely to turn out as my best ever trade, whatever happens.