Thursday, February 25, 2010

Trading Post (politically correct edition)


Dorato Resources (DRI.v) up 25% at $0.75 thanks to an amazing, one-sided hack special over at Northern Miner published today. Truly the worst piece of mining journalism I've seen this year and a shame on the once well-reputed NM. Unfortunately for the bullshitters the effect will only be temporary and the paid-for pump brigade won't be able to fight the truth of the matter forever. Avoid this stock like the plague.

Antares Minerals (ANM.v) up 2.8% at $1.85 with a 100k cross registered at GMP today. That'll help Gordon Leask out with his cash flow troubles.

Andina Minerals (ADM.v) down 18.8% on heavy volumes because last night the company finally decided to tell the world that its previous mining plans were total bullshit and created as a fantasy to hoodwink people like Steve Saville who thinks that a 10m oz inferred resource means that a company "has 10m ounces of gold". How you feeling about that statement now, Stevie? Moral of this story; don't be a dumbass.

MAG Silver (MVG) up 2.8% at U$6.21. Definitely signs of life in this stock. Being patient here (one of the few things i'm good at). DYODD, dude.