New Picks

Well, it's been a while since I've been able to post here. But, I do have some new picks that I think are worth a second look. At this point most stocks have had decent gains, so the perfect strategy would be to buy an initial position, and add to it on weakness at support, or at resistance if it breaks out.

I really like MVIS - Microvision. This is a U.S. company that makes a Pico Laser display unit. A good entry for this one would be at 2.50 - 2.60 but not so sure it'll correct to that point.

RMX - Rubicon Minerals has large property land claims in the Red Lake area. They have enough cash to explore and prove up resources.

lastly, a high flyer. SGX - Sage Gold has been the "dog of the year!". But I've noticed something very odd recently. The stock is stuck in the .06 - .07 cent range, and trades about 1/10th the price of KXL - Kodiak. So if Kodiak is at .60 cents, then Sage will be at .06. What's been happening is most of the sells appear to be coming from retail investor accounts and the buys have been larger brokerages, but still in small enough quantities. Raymond James, Canaccord and Dundee have been "dipping in their toes". LOL. They've also begun their summer drill program. It's worth a shot at this price.

Good luck

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!

Gold

Just a quick note for my picks today. I'm still very bullish on SGR-T San Gold over the long term. Gold is hovering at $950 an ounce, but in Canadian dollars that's $1,168. You may find this link for commodities priced in C$ useful.

commodities in C$

Dale Ginn from San Gold did a radio interview last week that you should take a listen too. The new Hinge Zone of gold will have costs of less than $200/ounce "all in". What this means is that their costs include everything right down to the paperclips used in the office. When the hinge goes into production it will be one of the lowest cost producers.

Dale Ginn on 680 CJOB Winnipeg
go to Sat Mar 21; 12pm then approx 31 minute mark

SGR interview

Good luck trading today!

Heroes of the economy

Heroes of the economy

From saving a stranger's home to feeding needy families, these 8 people are making personal sacrifices to help others out of the doom and gloom.

Jon Stewart vs. Cramer

Short & Sweet

It's a beautiful day today! Pick of the day is AAE-V, Aeer Inc. good luck