The qualifying minimum for this post is a 10% rise in price this morning. I'm also shamelessly concentrating on personal favourite stocks because its been an age since I've seen this kind of relief in the markets and I may as well enjoy it for a day.
Fortuna Silver up 10% at $0.49 and good volumes being traded, too. The 3q08 results are due out on November 14th , by the way. Why do I get the feeling that the world will applaud the quarterly results...? Hmmmm....just a guess, perhaps? ;-)
Candente Resources (DNT.to) up 13% at $0.17. My oh my, this thing has been beaten into a pulp recently, but value sniffers are finally surfacing. Also true for Los Andes Copper (LA.v), which has moved up 30% in the last couple of days.
Inca Pacific (IPR.v) up 18% at $0.225. The same comment applies here, but add that large cash at bank to the equation as well. Still way way cheap.
Malaga Inc (MLG.to) up 10% at $0.11. Hey, you don't suppose my mentioning MLG today is anything to do with this pop? hmmmmmmm..................................
Minera Andes (MAI.to) up 13% at $0.62. This might well be the cheapest mining stock in the whole of South America, all things weighed and considered. Not only does it have 49% of the cash flow positive San José silver/gold operation, but it also has control over an 11+Bn Lb copper project at Los Azules. MAI partners with big boys like Hochschild (HOC.L up 20% today, too) and Xstrata, too. Minera Andes is another stock that would double and still be dirt cheap.
Kinross (KGC) (K.to) up 14% at U$9.68 and directly benefitting from the rise in gold to $760 or so this morning. When you think that K was at $22 when the Aurelian deal was first annoucned, it gives it a lot of perspective.
Gold Reserve (GRZ) up 11.6% at $0.48. Gold Reserve's sorry tale in Venezuela has been well-documented, but this is another company with plenty of cash at bank and trading well below its NAV. Management has always been careful with its money, too (not like its neighbours, who must remain nameless as this post is only for PPS winners today).
By the way, I have bought a few things this morning. Just a bit of value-hunting. Two stocks are mentioned here, but another two went into the ST port as well. It sure feels nice to dip my toe in again after all this time.
Fortuna Silver up 10% at $0.49 and good volumes being traded, too. The 3q08 results are due out on November 14th , by the way. Why do I get the feeling that the world will applaud the quarterly results...? Hmmmm....just a guess, perhaps? ;-)
Candente Resources (DNT.to) up 13% at $0.17. My oh my, this thing has been beaten into a pulp recently, but value sniffers are finally surfacing. Also true for Los Andes Copper (LA.v), which has moved up 30% in the last couple of days.
Inca Pacific (IPR.v) up 18% at $0.225. The same comment applies here, but add that large cash at bank to the equation as well. Still way way cheap.
Malaga Inc (MLG.to) up 10% at $0.11. Hey, you don't suppose my mentioning MLG today is anything to do with this pop? hmmmmmmm..................................
Minera Andes (MAI.to) up 13% at $0.62. This might well be the cheapest mining stock in the whole of South America, all things weighed and considered. Not only does it have 49% of the cash flow positive San José silver/gold operation, but it also has control over an 11+Bn Lb copper project at Los Azules. MAI partners with big boys like Hochschild (HOC.L up 20% today, too) and Xstrata, too. Minera Andes is another stock that would double and still be dirt cheap.
Kinross (KGC) (K.to) up 14% at U$9.68 and directly benefitting from the rise in gold to $760 or so this morning. When you think that K was at $22 when the Aurelian deal was first annoucned, it gives it a lot of perspective.
Gold Reserve (GRZ) up 11.6% at $0.48. Gold Reserve's sorry tale in Venezuela has been well-documented, but this is another company with plenty of cash at bank and trading well below its NAV. Management has always been careful with its money, too (not like its neighbours, who must remain nameless as this post is only for PPS winners today).
By the way, I have bought a few things this morning. Just a bit of value-hunting. Two stocks are mentioned here, but another two went into the ST port as well. It sure feels nice to dip my toe in again after all this time.