Tuesday, December 8, 2009

Trading Post (immaculate edition)

Named after one of the more important dates in the calendar of LatAm's favoured cult.

Ventana Gold (VEN.to) down 2.3% at $9.51. VEN started out soft today then popped to $10 or so on this news about met (the easy-to-recover side of the camp, for those who remember the presentation at the Denver Gold Show). After the pop comes the drop and the rot has set in again. Volumes low and put today down as one for the fear camp.

Dia Bras (DIB.v) up 6.8% at $0.235 with more solid exploration news out of the company this morning. This turnaround story deserves some of your DD time. Lowish volumes today shouldn't put you off.

Chariot Resource (CHD.to) up 6.5% at $0.33. Subscribers received a Flash update about this stock at 10:51am EST, eight minutes after this press release hit the wires.

Troy Resources (TRY.to) up 5.3% at $2.40. TRY has had a rough time of it thru the rights issue process and has trodden water at best. But last night's action in Oz was eyecatching and smacks of "worst is over". Now utterly undervalued.

TheNewCrystallex (EC.v) down a penny at $1.18 but the madness continued yesterday. Interested in this stock? Why not tattoo "sucker" on your forehead and be done with it.

Nadagold (NG) down 6.4% at U$5.41. Another four dollars to drop before we begin to approach fair value. Horrid.