Today on Stockhouse
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Thom Calandra offered more ways to make money in junior mining stocks next week.
Peter Krauth of Money Morning explains how China will drive silver to $250.
Top Bullboards post: “The results are NOT on a block JV's by GGY to Creso. They come from a block that is 500M from TME//GGY land. GGY and TME or anyone else there can’t quote those results until Creso is public as assays are not vetted thru exchange since Creso is still private. TME also has a deposit right near by with about 700,000 oz. They have an updated resource coming on that so it should go up. Just another way to play this. This play is going to explode soon IMHO.” From coresplitter on the Goldeye Explorations (TSX: V.GGY, Stock Forum) board.
Top Bullboard:Eagle Hill Exploration (TSX: V.EAG, Stock Forum) received the second-most reads and posts on a day its stock popped 36%.
Top blog:LexLuthor2 believes this junior miner is a juicy takeover target in his Lex Corp blog.
For news about small stocks that made big moves in Friday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"There is a lack of conviction in the markets," said Neil Menard, principal at Steben & Co., in an interview with Associated Press. "Everyone is kind of in wait-and-see mode."
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| 3Com Corp. (NASDAQ: COMS) |
Q3 |
$0.08 vs. $0.13 |
|
| Advanced Battery Technologies (NASDAQ: ABAT) |
Q4 |
$0.10 vs. $0.06 |
|
| Kohlberg Capital (NASDAQ: KCAP) |
Q3 |
$0.23 vs. $0.34 |
|
| Schawk (NYSE: SGK) |
Q4 |
$0.22 vs. $ - 0.01 |
|
| SinoHub (AMEX: SIHI) |
Q4 |
$0.14 vs. $0.12 |
|
| Williams-Sonoma (NYSE: WSM) |
Q4 |
$0.73 vs. $0.31 |
| Selected expected Canadian earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Ensign Energy (TSX: T.ESI) |
Q4 |
$0.17 vs. $0.48 |
|
| First Quantum (TSX: T.FM) |
Q4 |
US$2.19 vs. $ - 3.47 |
|
Today In The Markets
Base metals support TSX to first close above 12,000 since Sept. '08
|
| DJIA |
10,624.69 |
+12.85 |
 |
|
| NASDAQ |
2,367.66 |
-0.80 |
 |
|
| S&P500 |
1,149.99 |
-0.25 |
|
|
| S&P/TSX |
12,013.82 |
+34.12 |
|
|
| S&P/TSX Venture |
1,568.29 |
+7.35 |
|
|
TORONTO, NEW YORK (CP) - The Toronto stock market moved slightly higher Friday, closing above the 12,000 mark for the first time in about a year and a half amid mixed signals about the health of the U.S. economy.
The S&P/TSX composite index was 34.12 points higher at 12,013.82 - finding support from base metals but held back by the telecom and tech sectors.
The Dow Jones industrial average rose 12.85 points to 10,624.69. The Nasdaq composite index was eight-tenths of a point lower to 2,367.66 while the S&P 500 index lost a quarter of a point to 1,149.99.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
WGI Heavy Minerals (TSX: T.WG, Stock Forum)
After Friday’s close, the producer of industrial minerals and related products reported fourth-quarter earnings of a penny per share, compared with a loss of 15 cents per share in the same period last year. Full-year 2009 earnings of four cents per share were the highest in the company's last 10 years before extraordinary items such as the sale of its Indian asset in 2008 in which the company earned 24 cents per share.
|