TSX VENTURE EXCHANGE -November 1-5

The S&P-TSX Venture edged over the 2,000-point threshold in the Nov. 1-5 trading week, climbing 58.6 points to end at 2,008.92. Volume remained quite high, averaging 172.1 million shares traded daily.

There were far more bulls than bears, with 138 Venture-listed companies hitting new 52-week highs while only 48 hit new lows.

Cayden Resources saw the biggest value gain, climbing $2.25 to $10.75 on an average of 16,000 shares traded daily. The company’s share price has climbed sharply from $2.36 in late September when Vistech Capital changed its name to Cayden Resources and completed its qualifying transaction of acquiring a 100% interest in the Wildcat copper-gold property in central British Columbia.

Bear Creek Mining had another strong week, up 54¢ to $8.40. The company completed a $129-million financing, issuing 23 million shares at $6.40 apiece including an overallotment of $17 million. As recently as August, its shares were trading at $3.60, but have climbed substantially as it advances the Santa Ana silver project in Peru. An October feasibility study estimated the project hosts reserves of 63.2 million oz. silver.

Trelawney Mining and Exploration rose on strong volumes despite not releasing any news. The company climbed 54¢ to $2.10 apiece on roughly 14 million shares traded. Trelawney continues to advance its flagship Chester gold project in northern Ontario. Its most recent intercepts include 139 metres grading 1.62 grams gold per tonne, 137 metres of 0.79 gram gold and 120 metres averaging 0.92 gram gold.

Torch River Resources saw by far the most volume, with 29.3 million shares traded as the company’s share price climbed 4¢ to 9.5¢. The company released sample results from its 13-sq.-km Mount Copeland project near Revelstoke, B.C., that showed elevated levels of rare earth elements (REE) as well as molybdenum, yttrium, zirconium and niobium. Results came from 34 chip samples and 72 soil samples included elevated levels of cerium, lanthanum and neodymium.

Also riding high on REEs, Pancontinental Uranium’s share price doubled on news its joint-venture partner Crossland Uranium Mines had identified heavy minerals containing REEs on their Charley Creek project in Australia’s Northern Territory. A heavy mineral concentrate from a sample of stream-channel alluvium returned 39% total rare-earth oxide, including high levels of gadolinium, terbium and dysprosium. Pancontinental jumped 41¢ or 216% to 60¢ the day the news was released before ending at 38¢ on a total of 14.3 million shares traded.

Polar Star Mining, meanwhile, saw its stock price drop $1.53 to $2.40 as the company released drill results from its Montezuma copper project in Chile. Hole 38 returned 44 metres grading 0.55% copper, 0.17 gram gold and 3.4 grams silver per tonne from 226 metres depth.

TSX-V most active issues
	VOLUME		WEEK
	(000s)	HIGH	LOW	CLOSE	CHANGE
Torch Rvr Res TCR	29290	0.12	0.05	0.09	+ 0.04
Trelawney M&Ex TRR	14337	2.14	1.54	2.10	+ 0.54
Pancontl Uran PUC	14299	0.79	0.24	0.38	+ 0.19
Encore Ren Res EZ	13715	0.09	0.06	0.08	+ 0.01
TradeWindsVtTWD	13276	0.34	0.24	0.31	+0.05
RomarcoMnrlsR	13020	2.85	2.44	2.83	+0.11
Bonterra Res BTR	12684	0.25	0.13	0.22	+ 0.09
Canadn Int Mnl CIN	12378	0.37	0.19	0.37	+ 0.16
US Silver USA	10431	0.66	0.47	0.64	+ 0.18
Great Western GWG	10163	0.44	0.38	0.41	-0.04

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Prize Mng	PRZ	95	0.31	0.01	0.31	+ 1450.0
Cambior Inc	CBJ	1324	0.80	0.60	0.71	+ 153.5
Roscan Minls	ROS	45	0.10	0.06	0.10	+ 150.0
Leeward Capitl	LWC	3236	0.06	0.04	0.05	+ 150.0
Menika Mining	MML	5171	0.06	0.02	0.05	+ 150.0
Pancontl Uran	PUC	14299	0.79	0.24	0.38	+ 100.0
Mountain-WstR	MWR	337	0.65	0.36	0.65	+ 85.7
Torch Rvr Res	TCR	29290	0.12	0.05	0.09	+ 80.0
Canadn Int Mnl	CIN	12378	0.37	0.19	0.37	+ 76.1
Champlain Res	CPL	663	0.14	0.09	0.14	+ 75.0
Sedex Mng	SDN	542	0.20	0.12	0.12	-40.0
Polar Star Mng	PSR	1380	4.03	2.25	2.40	-38.9
Network Expl	NET	821	0.09	0.07	0.07	-36.3
Zinccorp Res	ZN	425	0.28	0.18	0.19	-34.4
Gold World Res	GDW	1779	0.05	0.04	0.04	-33.3
Gulfside Mnls	GMG	279	0.16	0.11	0.12	-29.4
BE Res	BER	3205	1.22	0.87	0.90	-27.4
Mazarin	MAZH	20	0.03	0.03	0.03	-25.0
Swift Res	SWR	321	0.15	0.10	0.12	-25.0
West High Yld	WHY	183	0.42	0.32	0.32	-23.8

< td>2.10

TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Cayden Res	CYD	78181	10.75	+ 2.25
Rainy River Rs	RR	3626091	10.75	+ 1.15
Energold Drill	EGD	1063760	3.80	+ 0.56
Hana Mng	HMG	1927737	3.67	+ 0.55
Bear Creek Mng	BCM	1635121	8.40	+ 0.54
Trelawney M&Ex	TRR	14337323	+ 0.54
Richfield Vent	RVC	1173915	3.29	+ 0.53
Southern Arc	SA	1792836	1.90	+ 0.49
Amazon Mng	AMZ	1048292	3.85	+ 0.47
Cambior Inc	CBJ	1323579	0.71	+ 0.43
Polar Star Mng	PSR	1380306	2.40	-1.53
RareElemntRs	RES	1398984	10.61	-1.00
BE Res	BER	3204569	0.90	-0.34
Universal Powr	UNX	2716504	3.66	-0.20
Sacre-Coeur Ml	SCM	1186031	1.35	-0.19
Finlay Minrls	FYL	453000	0.60	-0.17
Magellan Minls	MNM	237985	1.25	-0.17
Tasman Metals	TSM	1037464	1.63	-0.13
Zimtu Capital	ZC	45841	1.40	-0.13
Batero Gold	BAT	575351	2.18	-0.12