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10/8/10

Trading Post (frothy coffee edition)


Great Panther Silver (GPR.to) up 4.4% at $1.18. With silver moving back towards $23 again the market recognizes that even the dog producers can make money. They call it leverage, you either like it or you don't.

Ventana Gold (VEN.to) up a penny at $10 exactly. VEN saw some weird trading in the first seconds of trading today, down as low as $8.16. I know of one sharp dude who picked up 500 at $8.25 (no not me), which was something akin to being offered free money.  The current $10 price does seem like sort sort of inflection point in this stock, doesn't it? Check the chart.

Fronteer (FRG) UNCH at U$7.45 and has put in a relatively quiet week, all things considered. Still weighed down by the XAU.to is the best guess, with people covering positions until it gets closed out. Once that's done with, the fun is likely to start up again.

Jaguar Mining (JAG) up 1.3% at U$6.95 and has rebounded a bit these last few days, but nothing to write home about. Those with a longer attention span than the MTV average will recall this stock closing out 2002 at U$11.19, which is commentary enough on the performance of its management team this year in the face of record gold prices.

Fortuna Silver (FVI.to) UNCH at $3.28 and another stock that's has a flattish week (counting start to finish and ignoring the silly selling Monday). the moving finger writes, and having writ moves on (aka dumbass sheep iz as dumbass sheep does).

By the way, early this morning subscribers got a Flash update that mentioned this humble scribe was adding to exposure one of the above stocks. Just sayin'.