An excellent economic commentary.

This blog provides good balance in our daily economic reading.


Sybil's Star by Katy Delay

PAIM , Pearl Asian Mining rising ?

Notice that PAIM today is trading in a higher range. To us this suggests a run is about to begin and while a run is far from certain and there's no way to predict how high the price might go, based on our experience what we're seeing reinforces our bullish stance on this momentum play.

PAIM, Pearl Asian Mining trades on the US Pink Sheets and was originally featured earlier this month. Please read the caveats which accompany our original entry if considering taking a position, as those caveats still completely apply.

Sell CXX (addition) for 66% profit.

Sell additonal position of CXX, Crosshair Exploration & Mining at $3.25 on the TSX venture exchange.

One month ago we called an addition to our core CXX positiion. CXX now trades at $3.25, a 66% gain from that call. We now sell that additional position, while maintaining our original purchase at $1.45 from early August as we remain bullish on Crosshair Exploration & Mining.

For those wishing to roll these profits into a different play, we suggest some of our recent calls may appeal given most have yet to appreciate. MAI, Minera Andes Incorporated currently at $1.56 on the TSX Venture Exchange also appears as a good choice to us, which we originally called in early August.

Long DNT

This Thanksgiving we have much to be thankful to the markets for :

- the 10 stocks called over the past 30 days hold average gains of 20%
- 70% of these are in the green.
- 4 of the 10 are up 40% or more.
- best of all, these averages hold true back to the inception of this blog.

Good fortune and great blessings indeed.

We receive e-mails from new readers who feel they have "missed the boat" since many of the previous picks have already appreciated so quickly. They ask "what's next?" and "how do you currently rate the past picks?"

With few exceptions we'd still take entry positions in all our listed holdings, and in time we may review them individually, however contrary to the tone thus far in today's posting we prefer to look forward and thus the parade of plays continues.

Long DNT, Candente Resource Corp. at $1.25 on the Toronto Stock Exchange.

We've held Candente since March of this year, at an average price of $0.94 and now add to our holdings as it is poised to breach its all-time highs.

Long SGC

We're hoping gold finally breaks above the $630 level, which has stymied its upward progress recently.

The current trend and underlying economic factors seem right to us, and with that in mind we go long a gold exploration stock which today hit a 52-week high and is crossing into price levels that to us signals a possible major price appreciation given its historical chart.

Long SGC, Sunridge Gold Corporation at $3.25 on the Canadian TSX Venture Exchange.

Sunridge Gold Corporation

An excellent source of gold charts and articles, Kitco.com

An optimistic article.

Our positions all remain as posted, in the hopes of continued gains.

Until then, an optimistic article for your enjoyment.

Long YGC

Long YGC Resources Limited, YGC at $1.66 on the TSX

YGC currently sits at a point on its chart that signals statistically one of the best entry points in our experience.

We've held YGC since March of this year when it crossed the $1 level. We are now adding long, as it is poised to break into all-time highs. If it does so, we expect an increase that will add significantly to the gains we enjoy on our existing holdings.

YGC Resources Limited

Long NUC, PAIM

First we wish to thank those who contact us and share what are generally high-quality momentum or value plays. We also thank and congratulate those who have shared their successes inspired by this blog.

Long Nova Uranium Corporation, NUC at $1.33 on the Canadian Venture Exchange. Another speculative uranium play. Despite today's big jump we still see it at a good entry level, and hope it stays over the psychological $1.00 resistance level. If so, the quick move over $4.00 earlier this year is indicative of what this stock can do and we can only hope for a repeat performance.

Long Pearl Asian Mining Industries Incorporated, PAIM at $0.001 on the Pink Sheets. This is a purely speculative momentum play. Those not familar with the true nature of sub-penny stocks we suggest should avoid this completely. Nothing about such companies is to be believed or trusted, especially the inevitable claims of naked short selling, market maker manipulation, institutional interest in their shares, graduation to a senior exchange, etc. This is only presented here purely as a fun gamble on our part. The hype and the chart is familiar to us as bullish, yet we caution readers that we believe this stands at the very least a 50% chance of turning into a total irrecoupable loss. All stocks are risky, but buying ones such as this is practically throwing your money away. If taking a position, we urge readers to be very fast and firm with planned exit levels especially on the down side. To reiterate, in our opinion such stocks are for highly experienced penny stock players or pure gamblers only.

Nova Uranium Corporation
Pearl Asian Mining Industries Incorporated

Long ADI

Long ADI, Adriana Resources Incorporated at $0.77 on the TSX Venture Exchange.

We like the trend, and we like the news. We love the uranium sector, and we'd love to see ADI break upwards to re-test the highs reached earlier this year of $2.00 and beyond.

Adriana has a joint venture with Unor Inc. but also has some diversity in the targets and geography of its projects.

Adriana Resources Incorporated

Long UNI

We've held UNI for some time, with an average price of $0.40 We now find it rising from a long-term up-trend line begun late last year, as well as crossing a down-trend line begun in May of this year.

We view this as very bullish in light of the aggregate uranium sector's continued gains into November and will add Long UNI, Unor Incorporated at $0.53

We expect Unor to continue rising along with other uranium stocks from its recent $0.40 bottom. Resistance could manifest between $0.60 and $0.70, however should the stock rise beyond that level we'd expect a testing of the previous all-time high of $1.00 and hopefully beyond.

Unor Incorporated