Friday, March 27, 2009

Trading Post (wind down week edition)


Chariot Resources (CHD.to) down 5% at $0.19. Buy this report and know all you need to know, that's an order, soulja. But seriously, thanks for the pre-orders so far (nine of you). You get the note Sunday afternoon.

Southern Copper (PCU) down 2.2% at $18.17 but PCU has had a great couple of weeks all told. Here's the 10 day chart to prove it.......

....but watch out sportsfans, as it got pumped over at sinkingalpha today. When the late arrivals starts shilling it gets my contrarian antennae a-buzzin'....buzz buzz.

Hochschild (HOC.L) up 16% at 217.75p and getting the rebound catch-up boost from the news that its striking Peruvian mines went back to work. Volumes average.

Ventana Gold (VEN.to) up 2% at $1.53 and looks like it's topping out to me. That's just me though, so DYODD dude.

Troy Resources (TRY.to) down a penny at $1.07 and not following the good action seen in the Aussie listing last night. Fair value (whatever that weird concept means these days) on the A$1.36 close would put TRY.to at C$1.16 or C$1.17, but it's all but impossible to run an arb on such a lightly traded issue. So be it.