Wednesday, October 21, 2009

Trading Post (three dollar copper edition)


It's becoming too easy. Remember that any fool looks cool in a bull, including this fool writing at the moment.

Amarillo Gold (AGC.v) up 16.5% at $1.06. Volumes are low, but the present price was marked by a 10k buy from Raymond James and the bid at $1.03 shows underlying support.

Troy Resources (TRY.to) up 3.3% at $2.54 and your author's position is now over 200% up since buying in January. Not selling. Nuff said.

Riverside Resources (RRI.v) up 5.5% at $0.58 and the good thing here is the sustained level of volume these last few days. This one isn't unlucky, it's just beginning to catch up.

ECU Silver (ECU.to) up 5% at $0.84 and conclusive proof that even incompetent miners and the idiots that follow then look smart on the rising tide. I'm waiting for the 90c level....c'mon, make my day.

But as day follows night, so the crud will show itself for what it is and the pump will turn to dump. KPS.v down 10.5% at $0.51 and Constitution mining (CMIN.ob) down 2.4% at $1.24 are the exmaple du jour.