ATYT bought by AMD, long STM

ATYT has been bought by AMD, and we've gone along with the .9596 conversion to AMD shares.

Uranium stocks have been running extremely well, so we add one more.

Long STM, Strathmore Minerals Corporation at $2.07

Strathmore Minerals Corporation

Long URE, TVC, CVV, and CXX (add).

Yet more fresh entries. So long as the trend continues and pays off, we'll be predominantly long.

Further uranium and gold additions this week.

Long Ur Energy, URE at $2.92 on the Toronto Stock Exchange.

Long Tournigan Gold, TVC at $2.22 on the Canadian Venture Exchange.

Long Canalaska Uranium, CVV at $0.43 also on the Canadian Venture Exchange.


Crosshair Exploration was called here originally at $1.45 on August 2nd. It is now poised to break above $2 to all-time highs, in expectation of which we add long Crosshair Explorations, CXX at $1.96 on the Canadian Venture Exchange.


Ur Energy Incorporated
Tournigan Gold Corporation
Canalaska Uranium Limited
Crosshair Exploration & Mining Corporation

Very bullish on silver - long QTA, BVG, SSV, FRX

As of this writing, silver is at $11.57 USD per oz. We remain very bullish gold and believe this is an excellent entry point for silver.

Here we present a selection of four junior exploration companies with prospects of silver and other precious metals discoveries and compelling charts.

We have no holdings in these companies as yet, and plan to enter these over the course of the next few weeks. The idea here is to hedge bets, as with all such junior resource companies expecting no economically recoverable ore bodies to be discovered but hoping that one or two can be a big hit - a grand slam - which would more than make up for any losses the others might realize. Add that precious metals look ready for a move upwards after Friday's jump in gold, in contrarian action to the current outlook of most experts, and we believe juniors will be caught up in this next sector advance.

All four are part of the Manex Resource Group and all four trade on the Canadian Venture Exchange.

We list them here in our order of preference :

Long Quaterra Resources Incorporated, QTA at $1.55
Long Bravo Ventures Group, BVG at $1.27
Long Southern Silver Exploration Corporation, SSV at $0.56
Long Fortune River Resource Corporation, FRX at $0.43

Quaterra Resources Inc.
Bravo Ventures Group
Southern Silver Resource Corp.
Fortune River Resource Corp.

Currently we expect the general markets to run into the new year, perhaps after a shake-out pull-back of several hundred points in the DOW. In 2007 we fear dire consequences as the housing and credit economy collapses and markets turn sour. We will have added several short positions by then in preparation, probably divesting some longs. If that scenario develops, we expect gold and other precious metals to continue upwards while base metals turn down with the economy, and we remain bullish on oil and uranium even in an economic slowdown. We plan to be strapped-in for an economic "hard landing".

FILE bought by IBM for our 12.5% profit, long HPS.a

FILE has been bought for $35 per share by IBM which represents our first exit here, netting a 12.5% profit in just over two months.

With these proceeds we will go long Hammond Power Solutions, HPS.a at $4.15 trading on the TSE.

Hammond Power Solutions

long RC, ALS

Long RC, RDM Corporation at $1.77 on the TSX.

With the TSE stagnant or dropping lately due to the resource sector being stuck in the doldrums with oil and gold sliding, we like that RDM Corportation is making new 52-week highs.

While it trades in Canada though, this time we're not buying a resource stock.

"RDM is a leading developer of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web-based image and transaction management services for banks, retailers, payment processors and government agencies. RDM's Image & Transaction Management System (ITMS(R)) is an industry leading e-check processing solution whereby transaction information can be remotely captured and processed electronically from distributed locations, freeing up significant customer float time and significantly reducing costs associated with returned checks."

Recent news and numbers look good for continued success.

We've held RDM for a year now, originally purchasing around $1. We're adding this week hoping it continues along its very compelling uptrend.

RDM Corporation


Uranium continues to reach record high prices but related stocks have not yet made a new move upwards. We expect to see that resolve in the near future with uranium stocks making moves higher.

With that in mind, we're going long ALS, Altius Minerals Corporation at $6.88 on the TSX Venture Exchange. We like how stable it has been in light of the recent resource markets, and we like the mix of resource ventures the company is involved in.

Altius Minerals Corporation