Minefinders (MFN) Added to Portfolio

A quick update for regular readers:
At the beginning of the year, I had mentioned missing out on Minefinders (MFN) @ < $10 even with gold at $800. Well, at the end of February, the market sent MFN back below $10 and I bought some for the portfolio at $9.95.
Normally, I type up a semi-thorough [...]

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Rational Markets

I was a bit out of it yesterday but feeling much better today. Yesterday’s market action had a feel of PPT to it. Once the markets went negative and came back, it just felt “unnatural”. In soccer/football, they call it “against the run of play” when the team that’s been on its [...]

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Agnico Eagle (AEM) Earnings Lacking

Everyone’s favorite intermediate junior gold miner reported earnings after the bell last night and I, for one, am pretty disappointed. The full report will be posted on the website this weekend but some quick thoughts:

Everything came in under: production, revenues, net income, cash flow, etc.
the loony is becoming a problem for non-hedged Canadian commodity [...]

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