With gold down 3.5%, silver down 4% and the base metals curled up in a foetal position in the corner, no surprises that red is color del día on my screen.
Dynasty Metals up 4.5% at $3.25 is bucking the trend. Along with Corriente (CTQ.to) up 1.2% at $4.22 and Cornerstone (CGP.v) up 7% at $0.075. Do you think it coincidence that three Ecuador exposed miners are up on a down day like this? Yep...must be sheer coincidence. Expect those scallywags at AndeanGold to change their name back to Ecuagold at any moment :-)
Copper sisters PCU (down 8.3%) and FCX (down 10.5%) suffering from the China news story this morning (see previous post). Now are the Chinese headfaking the market here? Shome mishtake shurely ossifer! Since when have the Chinese been anything but totally honest with the market........?
Rusoro reacting in style to the interview we squeezed out of its Prez yesterday. Down 22% at $0.57, though to be fair GRZ and that other stock with km88 exposure aren't that far behind.
Apex Silver (SIL) is reported today as planning to file Chap11 bankruptcy. The only surprise here is "wow, so soon?". I've said enough times to avoid like the veritable plague, so if you're still long now prepare for an enlightening experience. Part one of this experience is called "the difference between holding stock and holding debt". Part two is "exactly what does the word 'equity' mean, Victoria?".
Troy Resources (TRY.to) down 11% at $0.81. I'm buying today and have picked up a partial fill already. Want more but the stock is about as liquid as molasses in Alaska.....January......outside......at 3am.
B2Gold (BTO.to) unchanged at $0.50. The company released this PR this morning that seems to have flown under most radars. However, I liked what I read. DYODD, but I think it's worth your while to check out the numbers, the management team and the JV partners here. Regional politics really aren't as bad as you might think, too. I don't own but I'm definitely going to dig some more here as it passes the Otto smell test.
AND DON'T FORGET TO VOTE THE SITE TODAY FOR THE WEBLOG AWARDS. WE'RE AFTER 1,000 VOTES AND THERE'S ONLY 24 HOURS LEFT TO GET THERE. CLICK HERE TO ACCESS THE PAGE...IT ONLY TAKES A FEW SECONDS. TIA.
Dynasty Metals up 4.5% at $3.25 is bucking the trend. Along with Corriente (CTQ.to) up 1.2% at $4.22 and Cornerstone (CGP.v) up 7% at $0.075. Do you think it coincidence that three Ecuador exposed miners are up on a down day like this? Yep...must be sheer coincidence. Expect those scallywags at AndeanGold to change their name back to Ecuagold at any moment :-)
Copper sisters PCU (down 8.3%) and FCX (down 10.5%) suffering from the China news story this morning (see previous post). Now are the Chinese headfaking the market here? Shome mishtake shurely ossifer! Since when have the Chinese been anything but totally honest with the market........?
Rusoro reacting in style to the interview we squeezed out of its Prez yesterday. Down 22% at $0.57, though to be fair GRZ and that other stock with km88 exposure aren't that far behind.
Apex Silver (SIL) is reported today as planning to file Chap11 bankruptcy. The only surprise here is "wow, so soon?". I've said enough times to avoid like the veritable plague, so if you're still long now prepare for an enlightening experience. Part one of this experience is called "the difference between holding stock and holding debt". Part two is "exactly what does the word 'equity' mean, Victoria?".
Troy Resources (TRY.to) down 11% at $0.81. I'm buying today and have picked up a partial fill already. Want more but the stock is about as liquid as molasses in Alaska.....January......outside......at 3am.
B2Gold (BTO.to) unchanged at $0.50. The company released this PR this morning that seems to have flown under most radars. However, I liked what I read. DYODD, but I think it's worth your while to check out the numbers, the management team and the JV partners here. Regional politics really aren't as bad as you might think, too. I don't own but I'm definitely going to dig some more here as it passes the Otto smell test.
AND DON'T FORGET TO VOTE THE SITE TODAY FOR THE WEBLOG AWARDS. WE'RE AFTER 1,000 VOTES AND THERE'S ONLY 24 HOURS LEFT TO GET THERE. CLICK HERE TO ACCESS THE PAGE...IT ONLY TAKES A FEW SECONDS. TIA.