Friday, March 26, 2010

Trading Post (Catholic comestibles edition)


A good fish lunch was had by this author and The Ottoess.

Troy Resources (TRY.to) up 1.5% at $2.08. It's been nothing ToDaMoonAlice, but TRY has put in a good week. Even better in the higher volume Oz market, where last night's A$2.34 close gives a forex adjusted CAD$2.17 and smacks of better things to com in the Canadian listing.

AuEx Ventures (XAU.to) up 0.7% at $2.97. XAU.to continues to tread water on low volumes, but the new Long Canyon resource number due soon should give the trading a little more impetus (either way, of course). One for those who care little for the day-to-day chatter and look for value holdings in junior miners.

TheNewCrystallex (EC.v) down 47.9% at $0.375 on over 6m shares traded. Have you worked out the residual value of current assets yet? I have, and it's lower than this price. For those caught out by these scamsters, it's worth reflecting that it will become money well spent if you learn from the episode and don't make the same mistake a second time in the future. But if you fall for the next company promo scamjob, you've only yourself to blame.

Constitution Scamming (CMIN.ob) up 3.7% at $0.975 and after reading this morning's press release it was fun to note that Stocker actually cares about what's written at this humble corner of cyberspace. Want my home address too, Michael?

Rio Alto Mining (RIO.v) up 4.1% at $0.77, a new 52 wk high and credit where credit is due. Bob Moriarty got this one absolutely right. Here's his Feb 9th note to prove it.