Wednesday, September 3, 2008

Snippety Stuff (feigned puzzlement edition)


Why has Lehman Brothers (LEH) suddenly become interested in the Venezuela parallel rate and the role of Moris Beracha in the country's finance policy? All will be revealed shortly, I'm quite sure.

Why have the management of Crystallex (KRY) awarded themselves over 2.5 million options at a base price of $1.10? (Note to readership; if you don't know the answer to that one, I advise you never to buy stocks in junior mining companies and avoid Latin American exposure, too. Forever.)

Why is Franco Nevada reportedly pissed at the board of Dorato Resources? Take a look at the price FNV.to paid to get in, then look what happened to the DRI.v PPS as soon as the deal was sealed and work it out for yourself.

Why does Minera Andes (MAI.to) sell off every time it releases good news? (I really don't know the answer to this one...sorry).

Why did Vena Resources (VEM.to) trade a whole bunch of shares in Frankfurt today? Another 100,000 shares traded in Canada today, too. All this after weeks of near-zero volumes. Talk about fits and starts........