Friday, April 23, 2010

Chart of the day is...

.....gold, daily candle.
Also, you gotta check out BiiWii and his post on the Gold/Silver Ratio this morning. One of the very few people worth listening to when it comes to charting.

Thursday, April 22, 2010

Philadelphia, SEPTA and Golden Rectangle

Southeastern Pennsylvania Transportation Authority (SEPTA) has the 6th-largest U.S. transit system by ridership, with about 306.9 million annual unlinked trips.
Click the figure below to see the illustration.

Philadelphia,
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Philadelphia, SEPTA: Southeastern Pennsylvania Transportation Authority.

Colombia Poll: Santos 35%, Mockus 34%

Holy crap, he's only gone and caught him up in two flat weeks! Krupa over at LatAm Daily has the juice.

UPDATE: The ever-excellent Colombia Reports runs its report on the latest numbers, too.

The Landscape of Geometry Terms, Brainstorming

The Landscape of Geometry terms is a random scenery of terms about Geometry, than can be seen in a single view. This word storming (brainstorming) is a mental exercise for producing ideas by right brain thinking (random, visual, subjective, emotional, holistic, intuitive, creative, divergent).
Click the figure below to see the interactive illustration.

The Landscape of Geometry Terms
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The Landscape of Geometry Terms

Big Wave Surfing Hazards: video and News

Big Wave Surfing is a discipline within surfing in which experienced surfers paddle into or are towed onto waves which are at least 20 feet (6.2 m) high, on surf boards known as "guns" or "rhino chasers". In a big wave wipeout, a breaking wave can push surfers down 20 to 50 feet(6.2 m to 15.5 m) below the surface. Once they stop spinning around, they have to quickly regain their equilibrium and figure out which way is up.
Click the figure below to see the video and news.

Big Wave Surfing Hazards - Video and News
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Big Wave Surfing Hazards

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.

First Majestic (FR.to): This deserves a shout-out


Today's news release from First Majestic Silver (FR.to) is worthy of a bit of extra airtime. This humble scribe watches FR.to but doesn't currently own or cover as a recommended buy, but that might have to change soon. Check out the contents of the NR:

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 04/22/10) - FIRST MAJESTIC SILVER CORP. (TSX:FR - News)(OTCQX: FRMSF)(Frankfurt:FMV - News)(WKN: A0LHKJ) ("First Majestic" or the "Company") is pleased to announce that the Centro Mexicano para la Filantropia (CEMEFI) has once again awarded First Majestic the "Socially Responsible Business Distinction" award for 2010 (Distintivo Empresa Socialmente Responsable 2010).

This important recognition marks the second consecutive year that First Majestic has received this annual award of distinction. This award is another indication of the Company's commitment to social responsibility and was granted to First Majestic for its many continuous programs in place in the areas of responsibility, transparency and sustainability within its Mexican operations.

The Company accomplished this distinction due to the following relevant activities in which the Company excelled over the past year:


-- Corporate Governance and Ethical practices,
-- Quality of work within the Company,
-- Relationships with the communities in which the Company operates, and
-- Sustainability, Preservation and Stewardship of the environment.

Mr. Neumeyer, President & CEO stated; "Management at First Majestic feels strongly that being socially responsible sets the foundation for high values and principles within the Company and supports the mission of growth in a sustainable way, taking care of the Company's most valuable assets, our people and the communities in which we work." CONTINUES HERE


This kind of thing is important. It's also good to see the company is proud about winning this award (two years running, too) and ready to puff out its chest, showing it off to its shareholders and to the general public. We've noted already that the FR.to share price hasn't been performing as well as sector peers so far in 2010. Let's hope that going forward the FR.to social attitude is valued by the market and the company gets a lift from doing things the right way.

At IKN we call out the bad players, but equal pleasure is taken by applauding the good guys of mining.

Kudos to First Majestic Silver (FR.to).

Disclosure: no position.