Thursday, July 8, 2010

Trading Post (dime a dozen edition)

Fronteer Gold (FRG) ( down 1.0% at U$6.11. Fronteer gets featured today cos there's a thing that been bugging me about the company. When it changed its name from Fronteer Development it went through one of those corporate makeovers, spruced up its website etc. All well and good, but the new company slogan sucks; "Where gold comes to life". GIVE ME A BREAK! How much shareholder cash did O'Dea waste by handing the brainstorming session on Corp ID over to a ponytailed committee of marketing experts?

Evolving Gold (EVG.v) down 9.3% at $0.78. According to the loopholes that run this market, when Goldcorp takes a 12% chunk of your junior exploration mining company it's a bad thing, not a good thing. I avoid this thing because they're mad enough to hire Peter HolierThanThou Grandich to promote the stock. Ugh.

Strathmore (STM.v) down 5.6% at $0.425. On October 9th, STM hired Grandich to pump the stock. That day the price was $0.67. Nuff said.

Radius Gold (RDU.v) down 7.5% at $0.31. Check out the six month chart.....
...with a floor at 30c and a ceiling at 40c or so. This time is different? YOU BE THE JUDGE!

Ventana Gold ( down 4.2% at $6.67. After VEN issued a "nothing wrong around here, why are you asking?" NR to the market yesterday, the stock popped a bit. now it's given back the 24 hour gains and the slump continues. What gives?

Antares Minerals (ANM.v) up 0.4% at $2.34. The good news for Casey Research subscribers is that the very small portion of extra special duper duper privileged clients who got the buy reco on ANM at $2.20 are making a profit. The bad news is that the vast majority of subbers stuck on the proletarian list who were reco'd the stock at $2.78 or so are well underwater. FWIW, The IKN Weekly reco'd ANM at $1.42. Just sayin', Dave.

By the way, your author bought shares in one of the abovementioned stocks today. Subscribers know which one. DYODD, dude.