Tuesday, June 23, 2009

Little Something from Philippians

2.i-iv
Therefore if there is any consolation in Christ, if any comfort of love, if any fellowship of the Spirit, if any affection and mercy, fulfill my joy by being like-minded, having the same love, being of one accord, of one mind. Let nothing be done through selfish ambition or conceit, but in lowliness of mind let each esteem others better than hiself. Let each of you look out not only for his own interests, but also for the interests of others.

Monday, June 22, 2009

Appleton surges on Gold Assays

Appleton Explorations Inc.'s shares traded tremendous volume last week with the news of a ten metre intersection grading just over six ounces gold per tonne. These numbers would have caused a ballistic uptick prior to the fiasco from Busang but naturally the market is now tempered to numbers that are anomalous on the upside. However; the company managed to trade volumes that earned a ranking in the top five of all issues on the Canadian venture exchange last week. It's important to note that on a fully diluted basis, the company only has 55 million shares outstanding and any news that corroborates these results could provide stimulus to rocket the stock. Undoubtedly, company warrants will now be in the money and hence funds for continued exploration will be readily available. Obviously, this a a stock for any speculators watch list. (v.aex).

Thursday, June 11, 2009

Life and times, An Assessment

This past year has been tumultuous to say the least on the economic front. Looking back and recalling the news headlines as we lurched into recession, I get the feeling that most pundits and politicians don't have a clue what to think about what lies ahead, yet they spew much rhetoric regardless. One week the sky is falling and the next week we're screaching forward with surging stock prices. Here is what we know for sure. There has been a significant up move in commodity prices. Oil has been a stellar performer and natural gas seems to be skimming near a bottom. Junior equities have bounced hard from their November 2008 bottoms and hence those that held their noses and bought before Christmas are looking like market magicians. This influx in capital as injected by G8 governments is definitely starting to take effect but the jury is out whether this infusion will do more harm than good in the long run. I'm still a believer in holding junior gold producing companies given the difficulties facing fiat currencies right now.