Tuesday, February 9, 2010

Trading Post (relief edition)


A bit of a relief rally going on today, which is nice to see. Spookily, your humble correspondent notes that Greece is getting its problems solved. Now why doesn't that come as any surprise....?

Rio Alto Mining (RIO.v) up 8% at $0.475 after getting the pumperooney from Robert F Moriarty* today (nah, not gonna link him....if you want it find it yourself). We're going to take a very close look at this stock in IKN41 via a NOBS fundamental report.

Mosquito Consolidated (MSQ.v) up 0.8% at $1.22. This was pumped by Moriarty at the beginning of the year and hey wow! guess what?
Yep, back to where it started. Got pumped by that Midas James West dude recently too, I hear. Over U$2Bn to build a moly mine? I mean...MOLY! "Interest from the Chinese" or not, you gotta be nutso.

Colossus Minerals (CSI.to) up 6.5% at $4.74. go Dundee! w00t w00t!

Radius Gold (RDU.v) down a penny at 32c. Amongst the rough and tumble of the recent market, even though the stocks covered by The IKN Weekly have taken a bit of a hit recently we have chalked up a couple of good trades (though you might not notice, last trade being the only one that matters and all that). One of them was in Radius Gold (RDU.v) which was called a buy at 18c then sold when it reached its 43c target. Now significantly lower, it might be a time to put it back on the radar. I asked Gary BiiWii (who does charty things about four light years better than I) about the stock this morning and here's what he sent back.

I think it might do some moving and shaking before reaching 25c. We'll talk more about this in next week's subscriber edition. Thanks to Garydude for letting me share his chart here.


*i'll leave it to you to guess what the F stands for