TSX Venture Exchange August 8-14

A slight sag in gold and copper prices over the week was matched by a 43.33-point decline in the junior mining dominated S&P-TSX Venture Composite Index, which closed the Aug. 8-14 trading session at 2,603.29, with average daily trading volumes of 42.5 million shares.

Gainers and decliners were almost deadlocked over the week, with 34 companies touching new annual highs, while 36 explorers slid to 52-week lows.

Volume-trading frontrunner Plexmar Resources once again topped the most-active board with almost 23.5 million shares changing hands to gain over 52%, closing the week up 25.5 at 74. With Peruvian government approvals now in hand to operate its Bolsa del Diablo epithermal gold project, which lies in the Ecuadorian border region, the company recently closed a $2.1-million financing earmarked for further exploration.

Tagish Lake Gold traded over 10 million shares over the session, gaining 2.5 to close at 18.5. Drill results from a series of holes on the Rainbow Two zone at its Skukum Creek project in the southern Yukon returned a number of high-grade gold intercepts.

Shares of Anglo-Canadian Uranium rallied 23%, or 14, to close the week at 74 apiece on volume of 5 million. The company recently acquired the O8 project in northwestern New Mexico, which is adjacent to a past-producing uranium mine that ceased operation in the 1980s.

ECU Silver Mining closed up 28 to $2.57 per share on volume of over 4 million over the week. Underground sampling at its Santa Juana mine, in Mexico’s Durango state, delivered further high-grade gold and silver mineralization in a number of narrow vein sets.

On trading volume of over 4 million shares, Strateco Resources gained 15 to close at $1.25 on the session. The company announced its plans of distributing 20 million shares of the soon-to-be-listed company Cadiscor to its shareholders. Cadiscor is being spun out of Strateco to hold the gold assets of the company.

Goldmarca notched up four pennies to close the week at 67 per share on volume of almost 3.5 million. Geological interpretation of its Eccolmetals property in southern Ecuador indicated prospective zones of gold mineralization located 300 metres west of Aurelian Resources’ Fruta del Norte project.

Eluvial bulk-sample results of 0.62 carat per cubic metre from the Collier 04 kimberlite pipe at Diagem’s Property 214, in Brazil’s Mato Grosso state, prompted a 78% boost in the company’s stock; shares in Diagem closed up 7 at 16 on trading volume of over 3 million shares.

Shares of Commander Resources gained over 40% on the week on volume of almost 2.3 million to close at 66 apiece. Exploration on the company’s Newfoundland uranium projects returned high U3O8 values from boulder float plus significant values from surface bedrock chip sampling.

Northern Alberta aggregate producer Birch Mountain Resources lost 89 per share over the session to close at $4.38 on trading volume of over 1 million shares.

TSX-V greatest percentage change

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Plato Gold	PGC	73	0.18	0.14	0.18	+80.0
Diagem Intl	DGM	3040	0.175	0.09	0.16	+77.7
Plexmar Res	PLE	23486	0.75	0.485	0.74	+52.5
Northern Shiel	NRN	637	1.28	0.78	1.22	+52.5
Zeox	ZOX	24	0.08	0.08	0.08	+45.4
Commander Res	CMD	2255	0.66	0.45	0.66	+40.4
Stikine Gold	SKY	209	0.39	0.28	0.385	+40.0
Skeena Res	SKE	371	0.37	0.29	0.37	+37.0
Penteco Res	PEN	11	0.285	0.23	0.285	+35.7
Rolling Rock	RLL	224	0.89	0.66	0.87	+33.8
Tom Expl	TUM	525	0.18	0.12	0.14	-34.8
Aumega Discov	AUM	11	0.105	0.085	0.085	-29.1
Island Arc Exp	IAX	27	0.125	0.11	0.11	-29.0
New Nadina	NNA	166	0.37	0.27	0.275	-28.5
Trivalence Mng	TMI	51	0.22	0.18	0.18	-28.0
Rockgate Cap	RGT	50	0.30	0.21	0.22	-26.6
Golden Odyss M	GOE	452	0.23	0.17	0.17	-26.0
Resolve Vent	RSV	39	0.235	0.175	0.175	-25.5
Brazauro Res	BZO	480	0.93	0.60	0.69	-24.1
Temex Res	TME	527	0.64	0.425	0.425	-24.1

TSX-V greatest value change

		VOLUME	CLOSE	CHANGE
Intl Tower Hil	ITH	61930	2.95	+0.50
Osisko Explora	OSK	197529	5.60	+0.50
Dynasty Met&Mn	DMM	152778	6.44	+0.46
Northern Shiel	NRN	636927	1.22	+0.42
Aurelian Res	ARU	656511	23.90	+0.40
Gobi Gold	GGD	94667	1.95	+0.33
Mag Silver	MAG	313080	2.96	+0.31
ECU Silver Mng	ECU	4030752	2.57	+0.28
Mena Res	MEA	47150	1.47	+0.27
Plexmar Res	PLE	23485907	0.74	+0.255
Seabridge Gold	SEA	143592	14.53	-0.95
Birch Mountn	BMD	1039792	4.38	-0.89
Northern Dyn M	NDM	246944	8.71	-0.65
Marathon PGM	MAR	83648	3.92	-0.57
Mega Uranium	MGA	504111	7.20	-0.53
Primary Metals	PMI	52690	3.15	-0.45
Contl Precious	CZQ	138386	2.41	-0.39
Arizona Star	AZS	81889	12.64	-0.36
Pan African Mg	PAF	46575	2.25	-0.35
First Majestic	FR	330210	4.55	-0.34

TSX-V most active issues

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Plexmar Res	PLE	23486	0.75	0.485	0.74	+0.255
Tagish Lk Gold	TLG	10111	0.21	0.165	0.185	+0.025
Anglo-Can Uran	URA	5007	0.86	0.62	0.74	+0.14
West Hawk Dev	WHD	4501	1.08	0.79	0.80	0.00
ECU Silver Mng	ECU	4031	2.75	2.24	2.57	+0.28
Strateco Res	RSC	4027	1.33	1.07	1.25	+0.15
Goldmarca	GML	3488	0.74	0.58	0.67	+0.04
Diagem Intl	DGM	3040	0.175< /td>	0.09	0.16	+0.07
Beartooth Plat	BTP	2701	0.175	0.16	0.16	0.00
Commander Res	CMD	2255	0.66	0.45	0.66	+0.19