Thursday, April 22, 2010

Trading Post (flashy edition)


Fortuna Silver (FVI.to) down 0.8% at $2.54. San José is on the way so fear not the might of Vulcan.

Camino Minerals (COR.v) down 40.8% at $0.29. Big volumes on its first day of trading too.

Focus Ventures (FCV.v) down 18.4% at $0.47. Nueva California = Norwegian Blue. As one mailer pointed out, the kiss of death phrase is there in today's NR; "Management is also considering looking for a joint venture partner to continue the exploration of Nueva California". When you see that one it's Fat Lady Sings time.

Medoro Resources (MRS.v) up 11.8% at $0.76. Speaking of big volumes, this thing has done over 50m papers today. Franky the organ grinder playing his music. Will the trained monkey chirp in too?

Semafo Inc (SMF.to) up 2.9% at $5.99. Following this morning's quiz question, the IKN mailroom received 22 replies, all of them correct. A pleasure to have such an eddycated audience. You all rule, but the WINNAH WINNAH CHIKKIN DINNAH goes to reader 'JL' who was first to point out that the Mana mine is not in South Africa but in Burkina Faso. He answered within eight minutes of the post going up in fact, which was pretty impressive. Reuters dumbasses please take note.

By the way, subscribers received two Flash updates today on two of the stocks mentioned above.