Thursday, May 20, 2010

Trading Post (the search for solace edition)


Vena Resources (VEM.to) down 3.6% at $0.265 and again goes 'splat!' on low volumes as a single small seller bails at any silly price. The risk comes with the reward, and one of the main risks is holding illiquid stoks when the tide goes out. We aim for fundamental value over time and this stock has it in spades, no matter the recent pullback. Holding through (while grimacing).

Blue Sky Uranium (BSK.v) up 3.8% at $0.415 and one of the few spots of green on the screen today. A base price reached here? Only time will tell.

Antares Minerals (ANM.v) down 10.3% at $2.10 and seriously, this one is an ouch. Seems like just days ago it was trading over $3. The solace found here is that while we're still showing a healthy profit, the extra special timing of the Casey Dumbasses have their call extremely underwater. Any port in a storm.

Nadagold (NG) down 5.1% at U$6.86. This will only get funnier as the Ponzi structure holding up this joke is further revealed.

Petaquilla Minerals (PTQ.to) down 9.3% at $0.39. Well, this is just outright funny. Here's how the extra special influence of head honcho and convicted narcotrafficker Richard Fifer works around this stock:

Really, the dude should have stuck to drugrunning.