Friday, June 26, 2009

Trading Post (outpouring of grief edition)


Ecometals (EC.v) up 55% at $0.155 on the news that it's going to do some drilling in the Zarza region of Ecuador. One way or another, I reckon buyers today are in for a religious experience. Betcha 99% of them don't know what terms like "reverse stock split" or "re-pricing of options" really mean. Totally untouchable by anyone with an idea of how microdot junior gold miners often try to separate you from your moolah, which means that 10% of the Canadian retail public will not be interested in this company. Caveat emptor writ large.

Dynasty (DMM.to) up 1.4% at $3.75 and a bit of volume this week in this genuine value Ecuador mining stock. There have been some rumblings on the local and national political front, but almost exclusively from people that don't know what they're talking about. I'll be going into more detail in IKN9 out Sunday.

Crystallex (KRY) down a point at $0.21. I'll be talking a little about this stock in Sunday's IKN Weekly, too. Should be fun.

Fortuna Silver (FVI.v) UNCH at $0.91 on low volumes. Y'know, I really, strongly suggest that you buy some of the stock in this company as soon as you possibly can.

Caerus Resource (CA.v) down 8% at $0.46. Did you know the verb "caer" in spanish means "to fall"? DYODD, suckaz.

Appleton Exploration (AEX.v) down 8.3% at $0.165. My oh my, wasn't Karl lucky with the timing of his sales?