TSX VENTURE EXCHANGE -October 25-29

The S&P-TSX Venture composite index continued its steady climb over the Oct. 25-29 week, up 72.13 points to 1,950.31. Volume continued to be high with an average of 168 million shares traded daily.

The board continues to edge towards a stronger bears-to-bulls ratio, with 116 Venture-listed companies hitting new 52-week highs while 60 reached new lows.

Leading the volume category, Romarco Minerals saw 35 million shares traded as it released new assay results from its Haile gold project in South Carolina. Results included deeper sections of previously released holes from the Horseshoe zone, with hole 378 hitting 7.7 metres grading 12.8 grams gold per tonne from 259 metres and hole 379 cutting 66 metres averaging 10.9 grams gold from 386 metres. Drilling beyond the proposed South and Ledbetter pits returned 51.2 metres carrying 4.1 grams gold from 170 metres depth. Romarco’s share price was up 28¢ or 11.5% to $2.72.

Avion Gold also saw strong volumes with 11.9 million shares traded as it announced an initial resource estimate for the Vindaloo zone at its Hounde gold project in Burkina Faso. The estimate has 883,000 indicated tonnes grading 2.23 grams gold for 63,000 contained gold oz. and a further 5.7 million inferred tonnes of 2.97 grams gold for 547,000 contained oz. Vindaloo is one of eight mineralized zones on the property and so far has been outlined along a 500-metre strike and to a depth of 200 metres. Avion was up 7¢ to 86¢ a share.

Following heavy trading and strong drill results the week before, Creston Moly kept its momentum as it posted a resource estimate for its El Creston molybdenum project in Sonora, Mexico. The company’s shares rose 12¢ or 34.3% to 47¢ on 10.4 million shares traded. The resource, improving significantly on a 2009 prefeasibility estimate, now stands at 215.4 million measured and indicated tonnes grading 0.071% moly and 0.059% copper for 335.5 million lbs. moly and 280.5 million lbs. copper. The company’s stock price also likely benefitted from a report stating that China might soon limit its molybdenum exports.

With potash in the news thanks to BHP Billiton’s ongoing bid for Potash Corp. of Saskatchewan, smaller players are seeing heightened attention. Junior explorer Intercontinental Potash was one of the biggest percent gainers as its share price increased 57.5% or 27¢ to 74¢ on 5.7 million shares traded. The company started an updated resource estimate and a preliminary economic assessment on its Ochoa sulphate of potash project in Lea Cty., New Mexico.

Creso Exploration saw its share price drop 35¢ to 69¢ after releasing assay results of hole 3 from its Minto gold project in northeastern Ontario. The hole contained 280 metres grading 1.15 grams gold from 537 metres depth.

TSX-V most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
RomarcoMnrls	R	35038	2.73	2.36	2.72	+ 0.28
Great Western	GWG	15628	0.49	0.41	0.44	+ 0.03
Largo Res	LGO	12657	0.37	0.28	0.29	-0.05
Blue Sky Uran	BSK	12287	0.28	0.22	0.25	+ 0.02
Avion Gold	AVR	11878	0.91	0.79	0.86	+ 0.07
Passport Metal	PPI	11692	0.09	0.05	0.09	+ 0.03
Allana Res	AAA	10660	0.50	0.43	0.44	0.00
Creston Moly	CMS	10391	0.53	0.34	0.47	+ 0.12
Ucore Uranium	UCU	9782	0.59	0.47	0.50	+ 0.03
Afri-Can Marin	AFA	9606	0.09	0.05	0.06	-0.03

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Sea Green Cap	SGS	2647	0.06	0.04	0.05	+ 150.0
Huntington Exp	HEI	1831	0.14	0.07	0.10	+ 150.0
Sedex Mng	SDN	439	0.20	0.12	0.20	+ 100.0
Newmac Res	NER	947	0.08	0.04	0.08	+ 100.0
Wescan Goldfie	WGF	3681	0.08	0.05	0.08	+ 60.0
Bard Vent	CBS	7710	0.08	0.05	0.08	+ 60.0
Mineral Hill	MHI	5245	0.09	0.06	0.08	+ 60.0
Currie Rose Rs	CUI	6309	0.20	0.14	0.19	+ 58.3
Strongbow Expl	SBW	4431	0.43	0.26	0.41	+ 57.6
IC Potash	ICP	5669	0.76	0.47	0.74	+ 57.4
Tribute Res	TRB	80	0.12	0.06	0.06	-45.4
Creso Expl	CXT	8835	1.12	0.68	0.69	-33.6
Afri-Can Marin	AFA	9606	0.09	0.05	0.06	-33.3
Quattro Res	QRO	14	0.32	0.22	0.24	-33.3
First Pursuit	FPV	54	0.16	0.14	0.14	-30.0
Pinestar Gold	PNS	128	0.17	0.12	0.12	-29.4
Terra Firma Rs	TFR	57	0.12	0.11	0.11	-26.6
Stealth Mnls	SML	331	0.04	0.03	0.03	-25.0
Lithic Res	LTH	3051	0.12	0.08	0.09	-25.0
Appalaches Res	APP	2224	0.09	0.06	0.07	-22.2

TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
RareElemntRs	RES	3319298	11.61	+ 1.27
Bear Creek Mng	BCM	2330091	7.86	+ 1.08
Rainy River Rs	RR	4879247	9.60	+ 1.08
Mansfld Mnrls	MDR	1221191	2.32	+ 0.52
Chesapeake Gld	CKG	144888	9.90	+ 0.48
CrazyHorseRs	CZH	903428	1.39	+ 0.43
Hathor Expl	HAT	6129804	2.70	+ 0.41
Batero Gold	BAT	474904	2.30	+ 0.35
Probe Mines	PRB	2352066	1.23	+ 0.35
Pac Booker Min	BKM	27083	9.20	+ 0.32
Amazon Mng	AMZ	2329854	3.38	-0.53
Anfield Nickel	ANF	285340	4.29	-0.39
Creso Expl	CXT	8834566	0.69	-0.35
Quest Rare Mnl	QRM	3013089	4.68	-0.35
Tasman Metals	TSM	1389946	1.76	-0.23
Kaminak Gold	KAM	1771136	2.90	-0.22
Hudson Res	HUD	3925472	1.20	-0.22
Macarthur Mnl	MMS	20800	1.65	-0.20
Tsodilo Res	TSD	305250	0.99	-0.20
Olivut Res	OLV	324110	0.74	-0.14