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PYM up 10+%
42c and not many sellers... heres hoping...

MEO - 1.30, 8+% (high $1.32) on top of yesterday's 20% gain.


ATV at 17c is a bargain. I expect the 30s in the near future. Environmental approvals for a mine expected to be completed in January.
Gold in Canada - under the radar!
 
MEO came out of Trading Halt today.
Reached a high of $1.43, up from previous close of $1.29.

I took some profits today.

Currently $1.375c.
 
More good news - gas from PYM
Hit 56.5c and fell back to 52c

I am still holding for more to come ....

Raven Well Hits Primary Gas Targets

The second well (Grable 15#1) in the Raven exploration project has reached planned total depth of
11,000 feet and as a result of the log analysis, the decision has been made to set production casing. As
forecasted, the two primary objective zones the “C” sand and the “Price” sand were encountered
correlating with strong gas shows from the mud log during the drilling phase.

“This test further reinforces the execution of
our “Long Play” strategy that the Board of
Directors has put in place for the growth of
Pryme along with confirming our robust
collection of exploration projects that we are
working to convert into real value for our
shareholders. We are very happy with the
logging. Getting Raven and Turner Bayou
underway leading up to the Christmas break
should see Pryme add natural gas and
condensate to its existing oil revenues”, said
Justin Pettett, Pryme’s Managing Director.

“The Pryme team remains focused on our goal
of generating earnings and building reserves
towards our target of building a A$300-A$500
million company in 3 to 5 years. We’re
expecting a strong 2008 to build on these
latest results.â

...
 
MEO - $1.60c.

First mentioned at end of Sept at $1.18. Fell to around 90c at stage before recovering to high yesterday of $1.62c.

:)
 
50c , up over 11%

Nice to see an improvement esp. as the market is down today. Mentioned in AFR as one of the 20 stocks to watch in 2008. I am watching. I would like to see it back in the
60s.
:)
 
E X M - Up 11+%, back to 4c.

Lot of volume today. Has been in the high 4s in the past. Gold price up and awaiting news!

Holding.
 
From 7 Feb.

Rat Mythology

The Chinese mythology of the Rat is a great tool for finding insight into the year ahead. The Rat lives underground and burrows, and thus he is the master of the underworld. He is a symbol of wealth and prosperity, and is generous to those whom he enjoys. He is brother to the serpent and the mole – and he comes from the time of the night. Interestingly, in India, the Rat is the servant of Ganesha, the spiritual guide for mankind and the Hindu god of great strength for overcoming obstacles, fear and worry. The Rat bears and assists Ganesha. In other cultures, he appears as the image of the plague: our history is full of images of rats as something mankind feared. As an animal, the rat is one of the most intelligent, rated alongside the dolphin and the whale as a creature of high native intelligence.

The Rat is charming, imaginative, very clever and opportunistic in money. His best role is as a confidential agent to you. He loves things off the beaten track. Hates alarm clocks, agendas and family photos and enjoys voyages, especially to places no-one has been yet. His favourite haunts are catacombs, caves and underground passages. He's skilled at sales, financial and legal matters, writing, political work, doctoring, pathology, detective work, spying and criminology.

He was the first of all animals to answer the call from the Buddha to take care of the years in the Chinese calendar. In our culture, the rat does not have a great reputation and indeed is detested and reviled as a creature of the plague and of disease - harbingers of ruin, as they were regarded in the middle ages. He is solitary, individualistic and self-willed. He's alert and watchful and it's very difficult to influence the Rat. He's intelligent. You cannot trick him.



Economic Moves This Year

2008 is a Yang Earth year, with the Water element underneath. The dominating element is therefore Water. So it's going to be a time of cooling down after the active economic years of 2006 and 2007. Fire is the symbol of financial markets and strong Fire stimulates optimism and speculation. There is no Fire this year and without Fire the market turns conservative.

The strong Water element encourages some movement for the Earth industries which are property, insurance, mining, hotels, engineering, health and the chemical industry. With strong Water showing up, the property market can be active, but only in Earth-ruled countries. Investors this year will, however, be more cautious and more practical; there will be a cooling down, with more stability in stock markets.

With little or no Fire, the Fire industries – finance, the stock market, energy, electricity, entertainment, and airline businesses – will definitely not advance this year. Home and property values will have some support, but with Water underneath, it may be that natural water disasters strongly influence the property market. The solution would be not to buy or invest near seafronts, rivers, large water bodies, or on flood-prone land.

From
http://www.astrologycom.com/earthrat1.html

______________________________________

PS: Interesting all the flooding in QLD and other parts of Australia in recent times.


:bounce:


Global Trends

http://www.afsc.org.au/Year of the Dog.php
 
It has jumped too much, if you're going to punt it on it do a very minimal amount.

Remember in 1980's gold crashed from $600 to $300 in 2 years, and stagnated around that level for TWO DECADES.
 
We'll see if it is a short-term correction or not.

Gold juniors have not benefited from the increased gold price, unfortunately.
 
Gold are priced two or three times higher than their production cost. Just be aware of that!!!
 
Buy with both hands
Bob Moriarty
Archives
Mar 24, 2008


http://www.321gold.com/editorials/moriarty/moriarty032408.html


I spent ten days trying to warn people of an upcoming violent correction. It wasn't popular because it was so contrary to what people think. That's how and why I made it. When you can't buy a silver bar because the demand is so high, you are at a top. When do you expect to run out of silver bars? At a bottom?

We have had our violent correction. The number of gold contracts and silver contracts were at record highs. Before this correction ends, I expect to see those numbers cut, perhaps in half. Most of the damage has been done to gold and silver but another month or so of correction would be about right.

That said, another technical indicator that I put a lot of value in is also at an extreme of emotion. I use a chart of the XAU over gold as a pure measure of psychology. Investors can either invest in gold or in gold shares. This index shows the ratio between them. When people are very bullish on gold the number is high, when people are very bearish on gold shares, the number is low. It tends to show turning points for both gold and shares but it isn't perfect. It didn't predict last week's carnage but bullish consensus and the number of contracts outstanding did.

This is going to be a really weird prediction. Last week I nailed the biggest and fastest gold and silver correction in history. It was the best call anyone has made for 28 years on gold. This week I'm going to predict gold shares are going to explode upwards starting immediately. ESPECIALLY the juniors.
Click to expand...
 

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