Friday, May 29, 2009

Trading Post (it's a wrap edition)


Well really there's more love in the junior miners than I can shake a stick at, so rather than bask and brag, let's just congratulate all longs of junior miners. You know you rule. But a special word goes out to;

Rusoro (RML.v) up 3.2% at $0.49, not the biggest move out there by any means but as the company reports its 1q09 earnings today it's highly significant. Looks like PI Financial Corp has lifted its foot....all aboard!

Capella Resources (KPS.v) down 7.5% at $0.37 and wonderful to see the market recognizing a scam when it sees one. I feel like breaking into 'the extremely rude Frenchman' from the Holy Grail right now.

AuEx Ventures (XAU.to) up 11.3% at $2.85 and as one IM partner will testify I was that close to picking some up today at $2.5 or so but decided not to as today isn't my idea of a buying day. Never mind, no greed here and it's been a great week at the markets.

Watch out later for the results of the caption competition and The IKN Weekly is already shaping up well for Sunday.