Friday, February 26, 2010

Trading Post (Joannie Rochette edition)


Best bronze medal ever.


Antares Minerals (ANM.v) up 3.7% at $1.97 on low volumes cos the world hasn't worked it out yet. We'll be taking a good look at the news and what it means for the stock in IKN43, subbers.

B2Gold (BTO.to) down 1.5% at $1.35 after a nice little zoomy move on strong volumes yesterday. Still doing volume today, but not as much.

Evolving Gold (EVG.v) up 15.6% at $0.89 after opening higher. Good volumes here, too. A reader who knows what's what in drillcores told me to look again at yesterday's "non-lawsuit" presser cos the numbers were strong, deep or not deep. But good rocks or not I'm just allergic to anything giving money to Grandich in order to pump its story, that's all. This is a charlatan-free zone.

Apoquindo (AQM.v) up 4.9% at $0.86 on low volumes, but the first news release out of the company today showed its Zafranal option project growing a bit more once again. Then the 2nd NR came along to announce it's raising $20m at $0.85 with a half warrant kicker at $1. If AQM sells the overallotment we're adding 27m to the shares out column. It looks like AQM will soon start a more aggressive step-out campaign and then we'll really find out if it's gotta good one happening. Due to the big, big cheeses at mgmt level there are plenty of eyes on this stock. DYODD.