Saturday, May 23, 2009

Canadian Stock Alerts - May 23, 2009

Canadian Stock Alerts Update:

CENTURY MINING CORP - CMM.V @ .19 as of Friday's close

CMM did report their 2008 financials after the close of trading on Friday. The overall sentiment from the report has been positive and I look to see a bounce on Monday, especially in light of the anticipated $65 million dollar financing news to be announced within weeks.

The "go away in May" for the typical mining sector may certainly be a mistake this year given the current direction of the price of gold, barely $40.00 off the $1,000.00 an oz level.

EXPLORATION OREX INC - OX.V @ .185 as of Friday's close

OREX should be announcing their NI43-101 this week.

Both stocks have been under steady accumlation this past week in anticipation of news.

Canadian Stock Alerts are updated throughout market hours

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