Friday, June 19, 2009

Trading Post (paint the weekend green edition)


Minera Andes (MAI.to) up 19.2% at $0.93 and today's star performer. The market loves the idea of Rob McEwen as officially official top man at MAI.to (see previous post).

Fronteer (FRG) up 5.1% at U$3.70 and following on nicely from yesterday's rebound. In the end the market will buy quality. FRG is quality.

Amerigo (ARG.to) up 3.4% at $0.40, and as IKN Weekly subscribers know (cos I told 'em in a flash note earlier this week) I had a little nibble at this stock at 0.38. There's value here for the taking with copper spot holding where it's holding.

Rusoro (RML.v) up 6% at $0.445. RML went well under 40c a couple of times this week but has put in a bounce, glad to say. Still underwater on my slightly-less-than-50c position but bearable for the time being. Low volumes today not a great thing...needs more action.

Troy Resources (TRY.to) UNCH at $1.16. If you can get some at 116 it'd be the bargain of the month...that probably explains why the ask is sitting a full 6% higher at $1.23. It's the low volume wot dun it this week...that's why this thing has to be held on a longer-term basis. Time will cure all.