TSX Venture Exchange Oct. 31-Nov. 6

A more than US$20 jump in spot gold to around US$626 per oz. gave the S&P-TSX Venture Composite Index a boost over the Oct. 31-Nov. 6 trading session; it closed up 3.7%, or 94.22 points, at 2,653.95. Average daily trading volumes continued to be strong, rising to 75 million shares.

The gap between junior board gainers and losers narrowed, with 32 explorers touching new 52-week highs over the week while 40 slipped to yearly lows.

Strateco Resources again came in as most-active trader with 27.8 million shares of volume and a gain of 33%, closing up 45 at $1.80 per share. Investors were happy with a recent 5.6-metre drill intercept averaging 1.68% U3O8 from the company’s Matoush project in northern Quebec’s Otish Mountain region. Spot uranium prices remain at the record-high level of US$60 per lb. on supply concerns.

Also continuing to reap benefits from the uranium rally, shares in UrAsia Energy gained 10%, or 32, to close at $3.49 apiece on volume of 12.7 million. The company produces U3O8 from its Akdala mine in Kazakhstan.

Shares of Plexmar Resources slipped 24% on the week, falling 22 to 70 apiece on volume of 11.6 million. An airborne geophysics survey was recently completed on the company’s Bolsa del Diablo project in northern Peru, where recent channel sampling of veins returned further high-grade gold values.

Skeena Resources continued to bear the market’s wrath, closing the session down 13, or 22%, at 45 per share on volume of almost 7.6 million shares. Recent drill results from its El Corazon project in northern Ecuador did not meet investors’ expectations.

After closing its acquisition of the Pardee uranium project near Elliot Lake in northern Ontario, Pele Mountain Resources saw its stock gain 85%, or 17, to close at 37 per share on strong volume of 7.3 million. The project hosts a major portion of Rio Algom’s historic resource estimate of about 28 million contained pounds U3O8.

Blue Note Mining shares got a 20% lift on plans to reopen the Caribou and Restigouche zinc-lead mines in northern New Brunswick, closing up 7 at 42 per share on volume of 6.8 million shares.

With volume of 6 million shares, Yukon Zinc saw a 25% gain to close the week up 7.5 at 37.5. Strengthening zinc prices stimulated renewed investor interest in the company and its Wolverine project in the Yukon.

Gold Reach Resources closed up 4.5 at 22 per share on volume of almost 5.8 million. Drilling at its Seel project in northern B.C. returned 138 metres of 0.85% copper and 23 grams silver per tonne, including a 42-metre section of 1.24% copper and 32 grams silver.

Trade Winds Ventures gave back some recent gains, closing down 10.5 at 39.5 per share on volume of 4.5 million. A gold resource estimate was recently tabled for the M zone at its Detour Lake Block A property, a joint venture with Pelangio Mines.

TSX-V greatest percentage change

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Rockvale Res	RR	4021	4.49	2.25	4.30	+86.9
Pele Mtn Res	GEM	7303	0.40	0.20	0.37	+85.0
Twenty-Sev Cap	TSC	2367	2.13	1.61	2.06	+59.6
Tinka Res	TK	232	0.37	0.26	0.37	+57.4
RJZ Mining	RJZ	219	0.65	0.41	0.65	+54.7
Lysander Minls	LYM	26	0.18	0.125	0.18	+50.0
Gold Hawk Res	CGK	2283	0.55	0.38	0.53	+47.2
Big Red Diamnd	DIA	1908	0.125	0.07	0.11	+46.6
Endurance Gold	EDG	58	0.24	0.17	0.24	+45.4
Redhawk Res	RDK	952	0.68	0.50	0.66	+43.4
Intl Green Ice	IGC	76	0.33	0.26	0.26	-35.0
Baja Mng wt	BAJ.WT	13	0.80	0.50	0.50	-33.3
GWR Res	GWQ	383	0.73	0.51	0.52	-27.7
Altai Res	ATI	16	0.25	0.23	0.23	-25.8
Getty Copper	GTC	44	0.10	0.09	0.09	-25.0
Plexmar Res	PLE	11595	0.92	0.70	0.70	-23.9
Silverstone wt	SST.WT	94	0.145	0.08	0.08	-23.8
Champion Bear	CBA	70	0.70	0.57	0.61	-22.7
Skeena Res	SKE	7567	0.59	0.43	0.45	-22.4
Pac Imp Mines	PPM	54	0.16	0.155	0.155	-22.5

TSX-V greatest value change

		VOLUME	CLOSE	CHANGE
Arizona Star	AZS	836931	13.71	+2.76
Rockvale Res	RR	4020912	4.30	+2.00
Aurelian Res	ARU	1011835	39.00	+1.50
Seabridge Gold	SEA	107137	14.95	+1.38
Osisko Explora	OSK	678502	6.70	+1.22
Birch Mountn	BMD	1166773	4.90	+0.98
Twenty-Sev Cap	TSC	2366830	2.06	+0.77
Esperanza Silv	EPZ	2219075	2.82	+0.72
Dynasty Met&Mn	DMM	504956	6.15	+0.68
Bear Creek Mng	BCM	193060	10.18	+0.67
Intl Tower Hil	ITH	77380	1.99	-0.38
Tournigan Gold	TVC	2772981	2.67	-0.28
Baja Mng wt	BAJ.WT	12500	0.50	-0.25
Plexmar Res	PLE	11595177	0.70	-0.22
Asia Gold	ASG	35500	2.30	-0.20
GWR Res	GWQ	383000	0.52	-0.20
Avino Silver	ASM	190212	1.87	-0.18
Champion Bear	CBA	70400	0.61	-0.18
Duncan Park H	DPH	20000	0.89	-0.17
McVicar Res	MCV	21750	0.81	-0.16

TSX-V most active issues

		VOLUME(000s)	HIGH	LOW	CLOSE	CHANGE
Strateco Res	RSC	27833	1.95	1.21	1.80	+0.45
UrAsia Energy	UUU	12699	3.53	2.95	3.49	+0.32
Plexmar Res	PLE	11595	0.92	0.70	0.70	-0.22
Skeena Res	SKE	7567	0.59	0.43	0.45	-0.13
Pele Mtn Res	GEM	7303	0.40	0.20	0.37	+0.17
Bishop Gold	BSG	7055	0.05	0.035	0.04	+0.01
Blue Note Mtls	BN	6839	0.44	0.35	0.42	+0.07
Yukon Zinc	YZC	6007	0.38	0.285	0.375	+0.075
Gold Reach Res	GRH	5773	0.27	0.165	0.22	+0.045
Trade Winds Vt	TWD	4530	0.49	0.38	0.395	-0.105