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Monday, June 14, 2010

THE PAINTED PIGS MID DAY EXPRESS

THE PIG'S EDITORS ARE LOOKING AT EXPANDING THE PIG ON A MORE FREQUENT BASIS. THE PIG GETS A TON OF MAIL, TIPS AND IN-BOXES DAILY. SO IN AN EFFORT TO KEEP YOU UP TO SPEED, HE WILL PASS ALONG THESE TIPS ALONG WITH A NIGHTLY SCAN UPDATE. THE PIGS COMPUTER SAVVY (MUCH MORE THAN THE PIG) TECHNICAL PARTNER AND CREATOR OF THE SCANNING PROGRAM WE USE,  WILL DO THE DAILY UPDATES WHILE THE PIG WILL CONTINUE WITH THE NIGHTLY OFFERING. THE PIG HOPES THIS HELPS YOUR TRADING IMPROVE AND KEEPS YOU "IN THE LOOP". THE PIG WILL REMOVE SOME PERSONAL REFERENCES, CONTENT LINKS, ETC. FOR LEGAL REASONS. BUT HE WILL KEEP THE GIST OF THE MESSAGE INTACT FOR YOUR PERSONAL USE.

Good morning

Have to say i like your painted pig.....I have been following GPG.V for some time.


thank you

xxxxxxx


Most Active
Company Symbol Volume Latest
Price
Change
Net %
KWG Resources Inc. KWG-X
9,398,292 0.130 0.000 0.000
Terrane Metals TRX-X
6,064,619 0.980 0.030 3.160
Medmira Inc MIR-X
3,122,300 0.050 0.010 25.000
Palladon Ventures PLL-X
3,039,100 0.070 0.000 0.000
Eaglewood Energy EWD-X
2,640,414 0.730 -0.020 -2.670
Canacol Energy CNE-X
2,495,886 0.790 0.030 3.950
Camino Minerals Corp. COR-X
1,906,394 0.260 0.010 4.000
Mala Noche Resources MLA-X
1,844,500 0.390 0.040 11.430
Golden Hope Mines Ltd GNH-X
1,590,550 0.380 -0.030 -7.320
Primary Petroleum PIE-X
1,492,324 0.400 0.040 11.270
Petrodorado Energy Ltd. PDQ-X
1,247,693 0.320 0.010 3.280
Sidon Intl Res Corp SD-X
1,207,600 0.060 0.010 22.220
Arcan Resources ARN-X
1,104,595 4.650 -0.030 -0.640
Galantas Gold Corp. GAL-X
1,006,000 0.040 0.010 16.670
Canadian Arrow Mines CRO-X
960,700 0.050 0.000 0.000
Stealth Ventures Ltd SLV-X
954,000 0.130 0.040 44.440
Metals Creek Resources MEK-X
945,100 0.220 0.030 15.790
Duran Ventures DRV-X
898,683 0.120 0.000 0.000
Gold Bullion Development GBB-X
873,379 0.530 0.040 8.160
Star Uranium SUV-X
844,029 0.040 0.010 16.670


Largest 1 Day Advance
Company Symbol Latest
Price
Change
Net %
Cell-Loc Location Technologies XCT-X
0.040 0.020 60.000
Mazarin MAZ.H-X
0.040 0.020 60.000
Anglo-Bomarc Mines ANB-X
0.140 0.050 50.000
Fiber Optic Systems FOX-X
0.060 0.020 50.000
Petro Viking Energy Inc. VIK.P-X
0.400 0.130 45.450
Stealth Ventures Ltd SLV-X
0.130 0.040 44.440
Pacgen Biopharmaceuticals PGA-X
0.050 0.020 42.860
U.S. Silver Corp. USA.WT-X
0.150 0.050 42.860
Astral Mining Corp AA.WT-X
0.130 0.040 38.890
Adroit Resources ADT-X
0.090 0.030 38.460
Tectonic Minerals TEK.P-X
0.110 0.030 37.500
Asbestos Corporation AB.H-X
0.210 0.060 36.670
Sanatana Diamonds STA-X
0.100 0.030 35.710
Cicada Ventures CID-X
0.020 0.010 33.330
Odyssey Petroleum ODE-X
0.020 0.010 33.330
DRM Ventures Inc. DRM.P-X
0.130 0.030 30.000
AMI Resources AMU-X
0.110 0.030 29.410
Knick Exploration KNX-X
0.200 0.050 29.030
Carlaw Capital NRU-X
0.090 0.020 28.570
Arius3D Inc. LZR-X
0.200 0.040 25.810


DEC.V...MOVING ON ASSAY RUMOURS THAT ARE VERY GOOD AND TO BE RELEASED TUESDAY.

GPG.V..RUMOURS OF A SUBSTANTIAL DEVELOPMENT TO BE ANNOUNCED. ADDITIONALLY, (THE PIGS A LITTLE LATE TO THE GAME ON THIS ONE)....GMV.V AND GPG.V SHARE THE SAME MANAGEMENT. THE PIG HAD A GOOD CONVERSATION WITH THEM TODAY, BUT THEY WERE VERY TIGHT LIPPED AS TO WHAT COULD BE COMING. THE PIG HEARS OTHERWISE.....GMV.V HAS SOME LARGE ORDERS SITTING ON THE BUY CURRENTLY.....


Hi Mr. Pig

I also still waiting for news on GPG , Looks like some time next week i hope..Look at HGC too !!  And on the buy at .12 cents . KNP is another  that will move on good drilling results.

Like your web site...Keep up the good work!!

Hey Pig,

I have been following LC story since April. I like their Land position. 52,000 Hectares Smack Right Beside Tech Resources. 6km/s from their Copper Concentrator. HPY is on the other side of Tech. Their Market Cap is Much higher . I always Compare Juniors in the immediate Vicinity pound for Pound.

With the President investing over $150K I would imagine he has a Plan in Order. I mean i would hope so !

Right now I have averaged @
.02 pretty decently. Just waiting for the Drill Program to get underway. Field Crews have been deployed. Also Hole #15 must have already been cut and Logged. I am expecting news on that one as will. anything will Spark a Rally off these lows. poor Sentiment for sure has taken toll on this one. In the market being able to read Sentiment is the key to making Coin. Best time to be a Buyer is when others sell out of pure frustration. Like now the General Market has come up a good 500 Point s in the last few days and the Juniors have resisted a Pull-Up ...for Now....Hence EXTREME frustration for some. personally this is Shopping season for me. Buy Low Sell Hi....my Mantra.

Cheers
XXXXX



FROM A FORUM IN BOX I RECEIVED......

DRV (Very Strong Buy) - first coverage, NDX, OXIHF, PBT, ALYI

The company of interest I spoke of in my last blog is Duran Ventures (DRV on the TSX-V). As IMHO, I feel it is an absolute screaming buy and this is the first time I’ve blogged about it, it is the main topic of this blog.

DRV

Duran trades in the 10 to 13 cent range with strong volume, has a tiny $10 million market cap and enjoys no debt and top-drawer management. More importantly, Duran has three Peruvian properties that are all absolute company-makers – and is about to drill on two of them. Both are adjacent to properties where majors are absolutely foreseeing building mines.

Note: There is a real opportunity for investors to get a strong position in DRV before it, IMHO, shortly takes off. See: The Exercising of Shares, at the bottom of the DRV section of this blog.

Here is Duran’s website:

http://duranventuresinc.com/SiteResources/ViewContent.asp?DocID=131&v1ID=&RevID=529&lang=1

And here are two great Research Reports. Please do your DD and read them thoroughly, as they contain a wealth of information, much of which I don’t address in this blog. And of course, find all the info you can from other sources.

The first Report was done by Howlett Research Corp. in late April:

http://www.howlett-research.com/Research_Resource.htm
This second report, done by Mining MarketWatch, is very bullish and just came out today:
http://miningmarketwatch.net/drv.htm

DRV’s flagship copper/moly property, Aguila, in Central Peru is on one side of a valley in which Pinoles, one of Mexico’s biggest miners, aggressively has 4 drills turning. This play is one of Pinoles premier sites (see reports above). Also note that this is elephant country. Properties in this area easily can be bought out in the $200 million to $400 million range - or much, much higher.

Here’s a quote from Market Equities Research Group:

With the latest drilling Duran appears to have now carved out over of a billion pounds of copper at the Aguila central area alone and is targeting several times that plus they appear to have established a new zone they share with Penoles ... Duran has no resource calculation yet but drilling at Duran's Aguila central zone has so far established mineralization over an area ~300m+ x 300m x 400m (depth) -- Market Equities Research Group estimates this to represent in excess of 100,000,000 tonnes averaging ~0.6% Cu ... this (non NI 43-101) in-situ appears over 1.3 Billion pounds of copper and ~100 Million pounds of molybdenum."  


Penoles is making moves to build a mine – ie. getting the community used to the idea and talking about building a mine. Definitely DRV will have to be included in any mine plan, be it with Penoles or another major which would buy out both sides.

As Penoles has an an imminent reserve estimate, DRV needs to drill to build up their own estimate – and they are doing so ASAP.

The Double Jack – ie. the Ichuna Copper/silver Southern Peru property, is another winner. This property, optioned to Duran, is less than 3 kilometers from the major new Chucapaca discovery just announced by Goldfields, the South African mining giant, and Buenaventura, the Peruvian giant. DRV are the only publicly traded company with land in the immediate area.



 At a press conference on May 11, 2010 Nicholas Holland, Chief Executive for Gold Fields Ltd. described the Chucapaca discovery; "This is probably the most significant discovery in South America over the last few years. Hold on to your hats, we think this could get a lot bigger."



The thought is that there are 5.6 million gold equivalents OZ, as states Goldfields in a NR:


http://www.goldfields.co.za/news_article.php?articleID=592


Several months ago, Buenaventura, wanting to stay on the quiet about this, asked Double Jack whether they wanted to sell. Double Jack, though, had to say that they had already optioned the property to Duran. As the property is worth a heck of a lot more now than it was (and Jeff Reeder struck the deal when he became DRV President), you can bet the deal to acquire it will be passed with wide grins at the upcoming Duran AGM.

Surface results on Ichuna look very good, as this week’s NR shows:

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsreleases%2Easp%3Fsymbol%3DV%2EDRV%26newsid%3D7757513

For both the Aguila and the Ichuna properties, it makes economic sense for the mining major’s mines to encapsulate the Duran properties – hence many majors are signing NDA’s with DRV and quickly putting boots on the ground.

The last of the major three properties is the Minasnioc High Sulphidation Gold Project in Central Peru. In this case, Duran outbid Barrick for a property that has had millions of dollars spent on it.

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C%3aDRV-1724346&symbol=DRV&region=C

Jeff Reeder, Duran’s President and an ex-Hunter-Dickinson guy, is the reason that DRV has such a strong stable of 100% owned properties in Peru. Jeff has been in Peru for 16 years, married a Peruvian - and speaks Spanish fluently. There is just no substitute for being there.

Jeff Reeder has the strong backing of some of very successful mining players on Bay Street, a fact I know first hand. It bodes very well that Todd Bruce, ex-CEO and President of Crystallex, Ex-President of IAM Gold and a senior management person at Anglo Platinum, took up a Duran Directorship just last week. This man has a very impressive CV, huge Street respect and has raised hundreds of millions of dollars. So… just why is he becoming a Director of a tiny junior?

The Exercising of Shares – ie. a great chance to get a good position at cheap prices.

DRV has exercised its right to have 15 million warrants at 10 cents exercised by June 16. After that date, they will expire.

DRV trades above 10 cents and as such, 3 million plus warrants have so far been exercised. My best (very educated) guess is that the (quite small) group of warrant holders will hold on to as many shares as they can pay for – say 4 million of the 15 million– meaning another 7 or 8 million shares will potentially hit the market for sale by the 16th.

I and friends have been collecting our positions for awhile now and plan to buy much more. The exercising of warrants means that there is a great opportunity for other investors to get a strong position before the stock starts moving up. For warrant-holders who need to sell, they must get over 10 cents to make exercising worthwhile. As quite a few are being exercised, for investors to get what they need in the 11 to 12 cent range is quite doable.

With monies in the treasury, one can absolutely count on drilling being announced within days. And make no mistake - Jeff Reeder has a very good idea of where to drill to get the most bangs for his buck. And he’s very promotional, in the best sense of the word - so the drums will be banging.

In a nutshell: I can’t say enough about this company and IMHO see it as an absolute lay-down winner in the short-term and a potential 20 plus-bagger in the future. 


Invictus Financial left with nothing

2010-06-11 17:07 ET - Street Wire

by Stockwatch Business Reporter

Invictus Financial Inc., formerly Stockhouse Inc., has now completed the great unravelling of company assets that began last October. Today it announced the sale of all remaining assets and liabilities except for a $231,519 debenture and its $22-million tax loss.
Marcus New, who has presided over the divestitures, will resign his position in Stockgroup Media Inc., which was the Invictus operating subsidiary sold to the new group, though he remains a director of Invictus.
When Invictus, then Stockhouse, began selling its assets last October, it started with what it called its media business, which included all advertising, all editorial and the Stockhouse name. The buying group, which the company has repeatedly avoided identifying, now evidently functions on the Stockhouse website under the name Stockhouse Publishing Inc.
Today's final piece of unwinding may make no difference to the legal standing of Invictus's longstanding creditors. Reuters Canada Ltd. says Invictus owes it $291,905, in outstanding payments for data. Reuters cut off that service to the company last July. As at March 31, 2010, Invictus had large financial obligations; it had payables of $2.12-million and accrued liabilites of $609,202. After the sale, Invictus retains part of a debenture it sold in November, 2008, wherein it revealed the name of only one subscriber, Mr. New's wife, Yvonne. The names of the other five investors were not revealed.
In the same month that then-Stockhouse sold the mysterious $550,000 of debentures, it also took on a new newsletter writer named Thom Calandra for its Stockhouse website. In his inaugural issue of Ticker Trax, published on Nov. 18, 2008, Mr. Calandra began: "We shall talk about money, art, food, literature, swimming, friends and family. We will, I hope over the course of a year's approximately 30 or more issues, have spawned and nurtured a select family of garage-loft investors who can rely upon me and each other for a hand to hold, a property to market, an ear to listen."
In his premiere issue on Stockhouse, he also had noted that he was once in trouble with the U.S. Securities and Exchange Commission. Without going into much detail Mr. Calandra said he "recognizes the shortcomings that led to his settlement." (He was referring to the $541,109 he paid the SEC after it accused him of scalping stocks in his other newsletter on MarketWatch, which he called Thom Calandra's Stock Watch.)
Now, more than a year later, while it is not clear how the select family of garage-loft investors is doing, it is clear that Mr. Calandra is the star feature of the Stockhouse website under its new ownership. Stockhouse does have other columnists, however, the links to their articles lead back to other websites.
With all assets of the once-mighty Stockhouse sold off, investors of Invictus Financial find themselves in a most-peculiar position. They cannot name with any certainty even one buyer of any of the company's assets.



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30 Years of experience in the markets, including some time as a broker.