Thursday, August 12, 2010

Trading Post (fat lady not singing edition)


Fortuna Silver (FVI.to) up 4.5% at $2.34 on moderate volumes. FVI reports its quarter late today.

B2Gold (BTO.to) up 4.3% at $1.70 on 2X normal volumes, with the market liking the news out of BTO today on the recommencement of work at Gramalote Colombia, in JV with AngloGold. UPDATE: What does Haywood Securities think about this news? Find out here (pdf), but let's tell you before clicking through that the call is "impact: positive" according to the dude.

Almaden Minerals (AAU) up 16.8%
at U$1.67 on continued strong volumes week. There's been a lot of market movement in AAU since its news release on Monday that had a sparkling looking hole included and the potential for great things. I'd point readers to Mickey Fulp's Mercenary Geologist page where, if you sign on (it's totally free) you can read his recent write-up on Almanden and find out more. Not a stock this humble corner of cyberspace has ever covered or held but if Fulp likes it there must be good things there. And hey, if you'd taken his advice at the time you'd be 70% or so up in a very short space of time. DYODD, dude.