Contrarian Stock Market Investing News - Featuring Bargain Stocks » Pacific Ridge Exploration http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Thu, 21 Jan 2010 13:01:21 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Resource Stock Roundup: Tuesday, March 10th, 2009 http://www.contrarianprofits.com/articles/resource-stock-roundup-tuesday-march-10th-2009/14735 http://www.contrarianprofits.com/articles/resource-stock-roundup-tuesday-march-10th-2009/14735#comments Tue, 10 Mar 2009 17:36:26 +0000 Doug Casey http://www.contrarianprofits.com/?p=14735 A new trading week is underway, but it was the same old selling that occurred during Monday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange fell 0.32%, while the TSX Gold Index lost 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 1.80% with the decliners swamping the advancers by a 432 to 294 margin on 105 million shares traded.


WesternZagros Resources posted a fourth quarter loss of $6.7 million or $0.03 per share and that resulted in a C$0.275 fall to C$0.425.

Geoinformatics Exploration has elected to walk away from its marriage proposal to Southwestern Resources. No reason was given. Southwestern ended the day down C$0.025 at C$0.205, while Geoinformatics ended flat at…

]]> A new trading week is underway, but it was the same old selling that occurred during Monday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange fell 0.32%, while the TSX Gold Index lost 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 1.80% with the decliners swamping the advancers by a 432 to 294 margin on 105 million shares traded.


WesternZagros Resources posted a fourth quarter loss of $6.7 million or $0.03 per share and that resulted in a C$0.275 fall to C$0.425.

Geoinformatics Exploration has elected to walk away from its marriage proposal to Southwestern Resources. No reason was given. Southwestern ended the day down C$0.025 at C$0.205, while Geoinformatics ended flat at C$0.165.

Pacific Ridge Exploration and partner Aurora Energy Resources cut 0.22% U308 at the Lucky 7 zone on the Baker Lake project in Canada’s north. Pacific Ridge ended the day unchanged at C$0.04 and Aurora closed at C$2.30 for a C$0.16 loss.

As we mentioned on Friday, the low trading volumes on the junior board typically means falling broader markets. All-in-all, the trading signals are not positive moving into the short term. We will see what Tuesday trading has in store.


Source: Resource Stock Roundup: Tuesday, March 10th, 2009

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