Wednesday, September 29, 2010

Trading Post (nibbling minnows edition)

Dia Bras (DIB.v) up 11.5% at $0.29. DIB popped a move on good volumes yesterday and has confirmed it today (though vols have dropped some). There are some rumblings about the drill work at La Cascada reaching this desk from two totally separate sources that give rise for cautious optimism. DYODD, cos I'm long this stock.

Minefinders (MFN) down 6.9% at U$9.94. Should be lower still. Oh Scotia buyer, where art thou?
Constitution Mining (CMIN.ob) down 20% at $0.28 and the sound of a toilet flushing. A commenter earlier today asked why I care that much and shouldn't I just leave this stock alone. Well perhaps, but it's more about the concept of this stock than the individual case. CMIN is a blueprint scam, so those following its demise may, in the future, be able to spot the symptoms of other companies trying to do the same thing and leave well alone, too. What this blog is about is standing up to the scumballs and scamsters and if we can get enough simple info out there to help one dudette or dude avoid one of these predators in the future, then it's all worth the cause.

Malaga ( up 5.9% at $0.18 on good volumes on the back of today's NR. I've followed MLG for longer than most pennycrappers because it's a fun story. A historic mine in Peru, one of the very few Tungsten plays on the continent and a slow-moving mgmt team that has taken (what seems like) forever to get this company turned around. The NR today smacks of positive, but it's not the first time we've seen this mob do the big spin, either. I'll be running the slide-rule over MLG in more detail this Sunday, subbers. Until then....

Vena Resources ( up 7.8% at $0.275 and the fightback continues, with this news of a placement with very interested participants probably accounting for this latest batch of goodfeel. In Winkelried We Trust.