Resource exploration stocks are notoriously volatile. Fear and greed play out in this sector like few others. Stocks tend to go irrationally high and stupidly low. And therein lies the opportunity.

The bulls continued to run during Wednesday trading on the Canadian Markets as even lofty oil inventory numbers failed to damper to jubilant mode. For the tale of the tape, the TSX Exchange climbed 0.35%, while the TSX Gold Index tacked on 0.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.49% with the advancers beating out the decliners by a 360 to 352 margin on volume of 148 million shares traded.

A 0.25 per cent cut in interest rates by the Bank of Canada helped propel the big board issues on the Canadian Markets into the black during Tuesday trading. For the tale of the tape, the TSX Exchange climbed 1.33%, while the TSX Gold Index fell 2.6% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 0.11% with the decliners beating out the advancers by a 349 to 325 margin on volume of 145 million shares traded.