Wednesday, April 1, 2009

Movers

Well, it seems APH-V is stuck, but these movers warrant a 2nd post today.
MMU-V - Marum Resources has a Joint venture with San Gold in the Rice Lake area. Had a good rise today, so possibly wait for a pullback. This one went up on unusual volume.
CMM-V - Century Mining also had unusual volume today, with increase in stock price.
WTM-T - West Timmins Mining and LSG-T - Lakeshore Gold both looking strong today.

Pick of the day

Well, I haven't had much to say these past few days. Golds are still looking good and I would continue to hold even during wild up/down swings.
Pre-market, V-APH - Alda Pharmaceuticals is looking to gap up and if it can break over .26 would be a bullish sign because the stock has a symmetrical triangle pattern.
I'm still bullish on San Gold, and would like to add another stock that's on my watchlist but I don't yet own. CRJ-T - Claude Resources. This company has a mine that's in production in Saskatchewan, which generates low revenues. What makes this one so attractive are their Red Lake mine property. It's the old Madsen mine and is currently being developed, with deeper drilling in the area. Keep an eye on this one. The stock has support at .70 and resistance at .85 and is currently trading on fairly low volume. Watch for any spike in volume and a move over .80 cents.

Good luck!

CNN Top Stories

Financial Post - Blogs

The Globe and Mail - Streetwise

TIME.com: Top Stories

The Secret to Riches