TSX Venture Exchange (November 20, 2006)

Steady gold and weakening copper prices marked a fairly static week for the S&P-TSX Venture Composite Index over the Nov. 7-13 trading session, inching down 5.06 points to 2,648.89. Average daily trading volumes also pulled back slightly to 69 million shares.

The gap between junior board gainers and losers tightened further with 39 companies rising to new 52-week highs over the week while 45 explorers dropped to yearly lows.

On news that it’s grabbing three Quebec uranium projects in the hot Otish Mountain region, AntOro Resources was propelled to the top weekly trader position with 16.2 million shares changing hands. Shares in the company closed up three pennies at 12.5 apiece.

Strong market focus on uranium again kept Strateco Resources amongst the most-active traders over the week with volume of 13.7 million shares, ending down a penny at $1.79 per share. Recent high-grade U3O8 values from the company’s Matoush project, also in northern Quebec’s Otish Mountain area, have enthralled investors.

Shares in another uranium-focused junior, Gravity West Mining, perked up over the week with trading volume of 9.7 million, gaining a penny to close at 7.5 apiece. The company has significant landholdings in northwestern Ontario’s Sibley basin area.

Gold Reach Resources traded 9.3 million shares on the week, shedding 1.5 to close at 20.5 per share following its recent rally. Drilling on its Seel project in west-central B.C. recently returned a 138-metre intercept of 0.85% copper and 23 grams silver per tonne.

Shares of Purepoint Uranium Group shot up after a magazine drew attention to its Turnor Lake project in northern Saskatchewan’s Athabasca basin. The stock rallied as much as 58% before settling to close the week up 18 at 68 per share on almost 9 million shares traded.

Uranium producer UrAsia Energy lost 14 to close the session at $3.35 per share on trading volume of 8 million. The company operates its Akdala mine in Kazakhstan.

New Cantech Ventures saw more than 7.8 million shares change hands on the week, gaining 11 to close up 27% at 52. It plans to extend a recent drill hole at its Lucky Ship project in west-central B.C. where it recently cut a number of significant molybdenum values. It also entered into an agreement with a Korean group that plans to acquire 60% of the porphyry project by placing it into production and fully financing development.

Acadian Gold got a market boost after drilling indicated gold mineralization at its Tangier project, in Nova Scotia, extends westward across the Copper Lake fault. Shares in the company gained 9 to close at 68 apiece on trading volume of almost 7 million.

Further wide gold mineralized intercepts from Aquila Resources’ Back Forty project, in Michigan’s Upper Peninsula, rallied the stock 63% on the week to close up 64 at $1.65 per share on trading volume of 4.5 million.

TSX-V most active issues

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Montello Res	MEO	21236	0.165	0.095	0.14	+0.04
Antoro Res	ORE	16260	0.165	0.095	0.125	+0.03
Strateco Res	RSC	13663	1.99	1.57	1.79	-0.01
Gravity West	GRW	9751	0.09	0.06	0.075	+0.01
Gold Reach Res	GRH	9343	0.29	0.175	0.205	-0.015
Purepoint U	PTU	8954	0.79	0.50	0.68	+0.18
UrAsia Energy	UUU	7972	3.52	3.18	3.35	-0.14
New Cantech Vn	NCV	7815	0.54	0.41	0.52	+0.11
Acadian Gold	ADA	6962	0.74	0.59	0.68	+0.09
Yukon Zinc	YZC	6614	0.415	0.35	0.355	-0.02

TSX-V greatest percentage change

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Novawest Res	NVE	4352	0.19	0.09	0.18	+100.0
MacDonald Mns	BMK	3787	0.17	0.095	0.17	+88.8
Aquila Res	AQA	4516	1.68	0.96	1.65	+63.3
United Reef	URP	2006	0.075	0.04	0.075	+50.0
Marifil Min wt	MFM.WT	28	0.08	0.06	0.08	+45.4
Playfair Mng	PLY	1246	0.71	0.45	0.69	+43.7
Selkirk Metals	SLK	1842	1.04	0.70	1.00	+42.8
Lithic Res	LTH	1503	0.75	0.45	0.60	+42.8
Ditem Explor	DIT	2068	0.305	0.18	0.255	+41.6
Canstar Res	ROX	309	0.155	0.115	0.155	+40.9
Tribute Res	TRB	100	0.255	0.175	0.175	-31.3
Geoinformatics	GXL	1262	0.175	0.14	0.14	-30.0
Torch Rvr Res	TCR	114	0.19	0.14	0.14	-28.2
Northern Shiel	NRN	55	0.67	0.55	0.55	-27.6
Southern Arc	SA	155	0.375	0.26	0.26	-25.7
Augyva Mng	AUV	52	0.63	0.50	0.50	-24.2
RJZ Mining	RJZ	114	0.59	0.50	0.50	-23.0
Kettle River	KRR	86	0.35	0.26	0.28	-22.2
High Ridge Res	HRR	97	0.37	0.30	0.30	-22.0
Cons AGX Res	CSX	16	0.50	0.47	0.47	-21.6

TSX-V greatest value change

		VOLUME	CLOSE	CHANGE
Energy Fuels	EFR	4007191	3.32	+0.84
Seabridge Gold	SEA	72364	15.70	+0.75
Rockvale Res	RR	3378400	5.00	+0.70
Aquila Res	AQA	4515501	1.65	+0.64
Nautilus Minls	NUS	453951	3.39	+0.49
Northern Dyn M	NDM	2131148	8.10	+0.42
Western Prospc	WNP	927219	4.58	+0.42
Palmarejo Gold	PJO	1266075	7.39	+0.36
Roca Mines	ROK	2422544	1.58	+0.35
Esperanza Silv	EPZ	736277	3.15	+0.33
Aurelian Res	ARU	604585	37.01	-1.99
Coral Gold	CGR	15150	3.33	-0.51
BRC Diamond	BRC	15500	4.00	-0.42
Cons Thomp Irn	CLM	136535	2.60	-0.40
Gobimin	GMN	59100	1.75	-0.40
Thunder Sword	THU	233768	2.44	-0.36
Quaterra Res	QTA	288656	1.86	-0.35
Altius Mnrls	ALS	137302	7.75	-0.33
Skygold Vent	SKV	681090	1.21	-0.33
Andina Mnls	ADM	2621042	2.46	-0.32