Market closes for Thursday, Aug. 21, 2008:

 

        Close   Change  YTD    
Dow Jones       11,429.81       +12.38 or +0.11%        -13.83%
S&P 500 1,277.72        +3.18 or +0.25% -12.98%
NASDAQ  2,380.38        -8.70 or -0.36% -10.25%
TSX COMP        13,539.22       +172.69 or +1.29%       -2.12% 
TSX VENT      1949.68     +29.93
BoC Close       Today   Previous       
Canadian $      0.9579  0.9423 
US $    1.0440  1.0612 

Euro Spot Rate  Today   Previous       
Canadian $      0.6432  0.6390 
Euro    1.5547  1.5648 
Gold    AM      PM     
London Gold Fix (US)    $821.00 $833.50

Spot Crude Oil Future(US$)      $121.32 +$5.76 or +4.98%       
Silver                    13.76           +0.51
Copper                    3.54           +0.14
Nat Gas                   8.29           -0.04

News Summary:

The Toronto stock market surged almost 200 points Thursday as investors bought up commodity stocks for a second day, encouraged by a sharp runup in the price of crude oil.

Toronto's S&P/TSX composite index moved up 189.08 points to 13,539.22 after rising commodity stocks contributed to a 286-point jump on Wednesday.

The TSX Venture Exchange gained 29.93 points to 1,949.68 while higher crude prices and a weak American dollar took the Canadian dollar up 1.56 cents to 95.79 cents U.S.

"Given the significant rally in the U.S. dollar that has taken place over the last two and a half weeks, I think the market has gotten a little bit over extended here and we've entered into a bit of a corrective phase," George Davis, chief technical analyst at RBC Capital Markets, said of the U.S. dollar.

"For the most part, the main catalyst still comes back to price action in the commodity markets and with a substantial spike higher in oil today, we're seeing not only the U.S. dollar weaken off against the major currencies, but that's been a benefit for the Canadian dollar given the positive correlation between crude and the loonie."

Investors also took in news of higher inflation. Statistics Canada reported that higher energy prices helped send the consumer price index in July up 3.4%, which was in line with expectations and up from 3.1% in June.

Analysts noted that an 8.8% pop in natural gas prices was the big factor driving energy prices in the month.
American indexes closed mainly higher as energy companies advanced and early losses were pared in the financial sector.

New York's Dow Jones industrials moved up 12.78 points to 11,430.21.
The Nasdaq composite index fell 8.7 points to 2,380.38 while the S&P 500 index moved up 3.18 points to 1,277.72.
A weak U.S. dollar helped take the October crude contract on the New York Mercantile Exchange up $5.62 to US$121.18 a barrel. The spike in prices comes after oil fell sharply after hitting a record high of just over US$147 on July 11, closing just below US$113 earlier this week.

"I think oil prices are finding some sort of base," said Duncan Anderson, portfolio manager at MFC Global Investment.
"And we do have some issues going on now _ the U.S. dollar declining again on the back of (mortgage financiers) Freddie Mac and Fannie Mae and this potential bailout."

Tensions with Russia about a deal between Washington and Poland to install a missile defence system in Eastern Europe _ seen as a threat by Moscow _ and the continued presence of Russia in Georgia also contributed to the bullish mood.

The TSX energy sector ran up 2.15% as EnCana Corp. improved $1.44 to $77.56 and Suncor Energy gained $1.89 to $61.78 and in New York, ExxonMobil ran ahead $1.54 to US$80.35.

There was more nervousness around financial stocks after an analyst from Citigroup cut earnings per share estimates for investment banks Lehman Brothers, Goldman Sachs, and Morgan Stanley on the likelihood of further writedowns.

"You're going to have everyone fearful of the unknown and fearful of bigger writedowns until we see some concrete evidence that the writedowns are slowing, (and) some evidence that U.S. house price declines are slowing," Anderson said.

The Toronto financial sector was well off early lows, down 0.5% with Bank of Montreal down 46 cents to $44.33 and CIBC gave back 90 cents to $58.43.

In New York, investment bank Lehman Brothers came back from an 8.7% loss to close down a penny to US$13.72 after being upgraded to Buy from Neutral at brokerage firm Ladenburg Thalmann.

The base metals sector was up 2.95% and HudBay Minerals was up 39 cents to $11.40.
The gold sector moved up 5.1% as the December bullion contract in New York gained $22.70 to US$839 an ounce. Goldcorp Inc. headed $2.16 higher to $36.51 and Kinross Gold Corp. improved $1.35 to $18.04.

Telecom stocks also provided solid lift as Telus Corp. gained $1.15 to $40.05.
In other corporate news, Nortel Networks Corp. shares were ahead nine cents to $6.42 after it said it has acquired DiamondWare, whose technology has been used in U.S. military tactical intercom systems, in a deal worth up to US$10 million.

On the TSX, advances beat declines 936 to 616 with 188 unchanged as 373 million shares traded worth $6.4 billion. (THE CANADIAN PRESS)

TSX
Most Active

                                               
VT      Viterra Inc.    11.30   -0.10   -0.88%  8,510,646      
YRI     Yamana Gold Inc 12.00   +0.83   +7.43%  8,411,668      
ELR     Eastern Platinum Ltd    1.61    +0.12   +8.05%  7,918,522      
BWR     Breakwater Resources Ltd        0.27    +0.03   +12.50%         5,896,734      
HBM     HudBay Minerals Inc     11.40   +0.39   +3.54%  5,585,443      
BBD.B   Bombardier Inc  7.52    +0.01   +0.13%  5,532,030      
K       Kinross Gold Corp       18.04   +1.35   +8.09%  5,228,160      
UTS     UTS Energy Corp 4.12    +0.03   +0.73%  5,063,880      
S       Sherritt International Corp     9.69    +0.12   +1.25%  4,995,067      
G       Goldcorp Inc    36.51   +2.16   +6.29%  4,980,531      
ABX     Barrick Gold Corp       37.50   +1.80   +5.04%  4,615,885      
PEG     Pacific Rubiales Energy Corp    10.35   +0.48   +4.86%  4,570,227      
NXY     Nexen Inc       33.32   +0.58   +1.77%  4,010,174      
UUU     Uranium One Inc 3.70    -0.05   -1.33%  3,956,363      
SU      Suncor Energy Inc       61.78   +1.89   +3.16%  3,708,995      

TSX Venture
Most Active

                                               
SWN     Selwyn Resources Ltd    0.10    0.00    0.00%   3,210,000      
FGT     Forest Gate Resources Inc       0.06    +0.01   +10.00%         2,618,800      
ANM     Antares Minerals Inc    2.26    -0.29   -11.37%         2,618,600      
SHH     Sonomax Hearing Healthcare Inc  0.10    +0.03   +35.71%         2,198,900      
CQV     Canadian Imperial Venture Corp  0.05    0.00    0.00%   2,067,518      
IB      International Berylium Corp     0.25    +0.05   +25.00%         1,948,700      
ROH     Rochester Energy Corp   0.11    +0.03   +37.50%         1,668,500      
BUK     Bridge Resources Corp   0.95    +0.07   +7.95%  1,659,900      
MAA     MagIndustries Corp      2.09    +0.05   +2.45%  1,622,515      
PHO     Photon Control Inc      0.02    -0.01   -20.00%         1,529,500      
BDO     Bordeaux Energy Inc     0.05    0.00    0.00%   1,339,538      
ZPP     Zongsheb PEM Systems    1.06    +0.16   +17.78%         1,253,520      
TRX     Terrane Metals Corp     0.32    -0.02   -5.97%  1,107,530      
KWG     KWG Resources Inc       0.04    +0.01   +14.29%         1,083,000      
SOR     Solana Resources Ltd    4.42    +0.27   +6.51%  1,078,813      

Trading Halts/Resumptions:
Trade Resumption - MEADOW BAY CAPITAL CORPORATION - MAY (formerly Meadow Bay Capital Corporation - MAY.P
Trading Halt - Westcore Energy Ltd. - WTR.P - Pending News

New Listings:

Claymore Global Real Estate ETF To Trade On Toronto Stock Exchange, CGR, CGR.A, The Units will be posted for trading at the opening on August 25, 2008.

Rattlesnake Ventures Inc. To Trade On TSX Venture Exchange, CPC, RVI.P , 2,500,000 common shares at $0.10 per share,At the opening Friday, August 22, 2008 the Common Shares will commence trading on TSX Venture Exchange.

Sources include Advisors.ca, tmxmoney.com, Canadian Press, Yahoo Finance,
Stockhouse.com , Canoe.ca
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Santo Sandhu, B.Ed
Investment Advisor
Wolverton Securities Ltd.
Tel: 604-662-5292
Fax: 604-662-5205
T-Free: 1-877-390-7771
E-mail: santos@wolverton.ca
Visit us at www.wolverton.ca

 

The information contained in this email is derived from sources believed reliable but
cannot be guaranteed as to accuracy or completeness. This information is offered on
an as is basis. For definitive information on the material contained herein please refer to
your Wolverton Securities Ltd. documents or contact your investment professional.

Geodex Begins Drilling At Five Mount Pleasant Targets

2008-08-20 14:02 ET - News Release

Mr. Jack Maris reports

Geodex Starts Drill Program on Five Target Areas in the Mount Pleasant Camp, New Brunswick

VANCOUVER, BRITISH COLUMBIA--( Aug. 20, 2008) - Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) (the 'Company') is pleased to announce that drilling has started on five tungsten, tin, molybdenum and indium prospects in the Mount Pleasant camp in southwestern New Brunswick. Some of these are historical occurrences and all have been explored and/or drilled by the Company in recent years. They generally surround the former underground Mount Pleasant mine which is host to two main multi-element zones of mineralization, the Fire Tower and North Zones.

2007 drill results from four of these target areas (MPW project) were discussed in a Geodex News Release of June 25, 2008. The four comprised Pughole, Kedron, McDougall Inlet and Pleasant Ridge. Readers are referred to this News Release for details of each of these prospects. Along with the development program at its Sisson Brook tungsten-molybdenum-copper project north of Fredericton (see the recent News Release of June 5, 2008), the richly-endowed MPW area surrounding the former Mount Pleasant mine has been a major focus of the Company's exploration efforts in New Brunswick.

As part of its 2008 exploration program in the area, the Company has planned 6000 m of drilling on the MPW project, starting immediately. Planned distribution of footage and sequence of drill testing will be as follows: Kedron Claim group (2 holes), Piskahegan West (4 holes), Pughole property (10 holes), McDougall Inlet (2 holes) and True Hill (2 holes). Hole targeting is based on previously reported drill results, complemented by 2008 gravity data, extended soil sampling programs and trenching. The newly-discovered Piskahegan West target area is a particularly promising 1 km by 2 km zone of multi-element soil anomalies with coincident gravity lows, thought to represent granite cupolas similar to those at the Mount Pleasant mine.

Geodex concluded a Participation Agreement with Teck Cominco Limited (TCL) in 2007 (see News Release of May 22, 2007) to ensure long term exploration of these and other targets in the camp. The agreement allows for a two-stage option arrangement whereby Teck Cominco can earn up to a 65% interest in any of the properties by spending an aggregate $21.5 million over a period up to nine years. Prior to Teck Cominco's election to initiate the first stage of the option agreement, it participated in a private placement to Geodex in 2007 and agreed to provide Geodex with a $1.0 million convertible note to advance exploration. This money will be drawn down in the next few months to fund the drilling program outlined above.

Background

The MPW land package (595 claims) was assembled in 2006 by virtue of independent staking and six option agreements to explore a series of showings and exploration targets in a 10 km by 20 km area surrounding the old Mount Pleasant mine. Most are historical occurrences dating back to the period preceding the brief operation of the mine in the mid-1980s. Geodex has advanced exploration on many of these showings and discovered several new occurrences since 2006. All are multi-element lode-style prospects containing combinations of tin, tungsten, molybdenum, zinc, copper and indium, in character similar to those seen at the former mine. A comprehensive suite of minor strategic elements is present in this camp, the most significant and valuable of which is indium. Normally a mining by-product, grades in the Mount Pleasant camp suggest this to be one region where stand-alone indium deposits are possible.

Warrants

Geodex Minerals Ltd. ("Geodex") announces that it is reducing the exercise price of 739,798 outstanding warrants from $1.65 to $1.15. The warrants were issued pursuant to a private placement in January, 2008 and will expire January 30, 2009.

The warrant exercise price amendment is subject to TSX Venture Exchange approval.

Disclaimer

Certain information regarding the Company contained in this press release may constitute forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, opinions, forecasts, projections or other statements that are not statements of fact. Although the Company believes that expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees.

ON BEHALF OF THE BOARD OF DIRECTORS

GEODEX MINERALS LTD.

Jack M. Maris, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

For more information, please view the Website: www.geodexminerals.com

 

Market closes for Wednesday, Aug. 20, 2008:

 

        Close   Change  YTD    
Dow Jones       11,417.43       +68.88 or +0.61%        -13.93%
S&P 500 1,274.55        +7.85or +0.62%  -13.20%
NASDAQ  2,389.08        +4.72 or +0.20% -9.92% 
TSX COMP        13,350.14       +286.29 or +2.19%       -3.49% 
TSX VENT       1919.75            +18.02

BoC Close       Today   Previous       
Canadian $      0.9423  0.9425 
US $    1.0612  1.0610 

Euro Spot Rate  Today   Previous       
Canadian $      0.6390  0.6374 
Euro    1.5648  1.5689 
Gold    AM      PM     
London Gold Fix (US)    $806.75 $815.75

Spot Crude Oil Future(US$)      $114.98 +$0.45 or +0.39%       
Silver                 13.26            +0.22
Copper                 3.40             -0.03
Nat Gas                8.09             EVEN

News Summary:
The Toronto stock market surged almost 300 points Wednesday as investors snapped up energy stocks after U.S. inventory data showed a bigger than expected drawdown of gasoline stocks last week.

New York markets revived late in the day to move ahead as the financial sector improved despite mounting worry over mortgage backers Freddie Mac and Fannie Mae and investors found some relief from an earnings report from Hewlett Packard.

Toronto's S&P/TSX composite index advanced 286.29 points to 13,350.14 with all sectors in the black. The TSX Venture Exchange gained 18.02 points to 1,919.75, while the Canadian dollar declined 0.02 of a cent at 94.23 cents US as Statistics Canada reported that June retail sales met expectations, rising 0.5% on the month.

However, analysts pointed out that all of the strength was attributable to higher prices, particularly for gasoline. The volume of retail sales actually fell 0.4% in June, with much of the weakness concentrated in the auto sector.

The agency also announced that the leading indicator, a forecast of economic activity, was unchanged for a second straight month in July.

New York's Dow Jones industrial average closed up 68.88 points to 11,417.43, helped by Hewlett-Packard which reported a 14% increase in third-quarter profit and a better than expected fourth-quarter outlook. Shares of the Dow component ran ahead $2.47 to $46.16.

The Nasdaq composite index gained 4.72 points to 2,389.08, while the S&P 500 index moved ahead 7.85 points to 1,274.54.

The TSX energy sector ran up 4.5% even as U.S. gasoline inventories dropped by six million barrels last week, about double the amount expected. But data also showed a much bigger than expected runup in oil inventories last week.

The burst in the energy sector also came amid news that Newfoundland and Labrador has given the green light to the $5-billion Hebron offshore oil project.

And there were also reports that Berskshire Hathaway head Warren Buffett and Microsoft founder Bill Gates were touring the oilsands around Fort Murray, Alta., earlier in the week.

The September crude contract on the New York Mercantile Exchange was volatile following the release of the supply data and closed up 45 cents to US$114.98 a barrel after going as high as US$117.03 before the release of the data and as low as US$112.61.

The Toronto financial sector moved up 1.2% after falling earlier in the morning along with U.S. financials on a growing conviction that the U.S. government will have to bail out government sponsored mortgage enterprises Freddie Mac and Fannie Mae.

Freddie Mac shares tumbled 92 cents to US$3.25 while Fannie Mae shares plunged $1.61 to US$4.40.
The sector has been weak ahead of the release of quarterly earnings by the big Canadian banks starting next week. Scotiabank was up 70 cents to $47.80 and TD Bank was ahead 73 cents to $59.73.

On the TSX, advances beat declines 868 to 671 with 202 unchanged as 331.3 million shares traded worth $6.4 billion. (THE CANADIAN PRESS)

TSX
Most Active

                                               
YRI     Yamana Gold Inc 11.17   +0.13   +1.18%  8,149,396      
ELR     Eastern Platinum Ltd    1.49    +0.13   +9.56%  6,287,725      
G       Goldcorp Inc    34.35   +0.72   +2.14%  5,904,461      
UTS     UTS Energy Corp 4.09    +0.18   +4.60%  5,554,966      
BBD.B   Bombardier Inc  7.51    +0.29   +4.02%  5,137,972      
SU      Suncor Energy Inc       59.89   +3.62   +6.43%  4,973,859      
RCI.B   Rogers Communications Inc       36.12   +1.25   +3.58%  4,881,499      
CNQ     Canadian Natural Resources Ltd  88.40   +6.13   +7.45%  4,716,175      
K       Kinross Gold Corp       16.69   +0.06   +0.36%  4,509,153      
ECA     EnCana Corp     76.12   +3.85   +5.33%  4,363,605      
ABX     Barrick Gold Corp       35.70   +0.18   +0.51%  4,337,933      
TLM     Talisman Energy Inc     18.61   +0.62   +3.45%  4,165,930      
NXY     Nexen Inc       32.74   +1.57   +5.04%  4,147,429      
OIL     Oilexco Inc.    13.55   +0.10   +0.74%  3,972,394      
TD      Toronto Dominion Bank   59.73   +0.73   +1.24%  3,733, 

TSX Venture:

                                               
VST     Vast Exploration Inc    0.66    +0.13   +24.53%         4,372,670      
CLI     Clearford Industries Inc        0.30    +0.05   +20.00%         4,000,000      
KWG     KWG Resources Inc       0.04    -0.01   -12.50%         3,990,550      
MAA     MagIndustries Corp      2.04    +0.34   +20.00%         3,913,744      
BDO     Bordeaux Energy Inc     0.03    +0.01   +25.00%         2,741,800      
ROH     Rochester Energy Corp   0.08    +0.02   +23.08%         2,510,500      
BRS     Bonanza Resources Corp  0.13    +0.03   +25.00%         2,367,500      
JML     J.A.G. Ltee (Les Mines) 0.36    +0.11   +44.00%         2,301,300      
SOR     Solana Resources Ltd    4.15    0.00    0.00%   2,194,610      
LST.H   Landmark Global Financial Corp  0.04    0.00    0.00%   1,294,159      
BMC     Brillant Mining Corp    0.37    -0.01   -2.63%  1,225,700      
CML     Crowflight Minerals Inc 0.30    -0.02   -6.25%  1,138,700      
SPQ     Spider Resources Inc    0.06    +0.01   +9.09%  1,093,330      
SD      Sidon International Corp        0.11    +0.01   +10.00%         1,050,850      
BTP     Beartooth Platinum Corp 0.05    -0.01   -10.00%         1,044,000      

Trading Halts/Resumptions:
Trading Halt/ Trade Resumption - Clifton Star Resources Inc. - CFO
Trade Resumption - Adriana Res Inc. - ADI
Trade Resumption - Victory Nickel Inc. - NI
Trade Resumption - Independent Nickel Corp. - INI

New Listings:
Fortriu Capital Corp To Trade On TSX Venture Exchange, CPC, FTC.P ,two million common shares at 10 cents per share, At the opening Aug. 21, 2008, the common shares will commence trading on the TSX Venture Exchange

 

Sources include Advisors.ca, tmxmoney.com, Canadian Press, Yahoo Finance,
Stockhouse.com , Canoe.ca

Market closes for Tuesday, Aug. 19, 2008

 

        Close   Change  YTD    
Dow Jones       11,348.55       -130.84 or -1.14%       -14.45%
S&P 500 1,266.69        -11.91 or -0.93%        -13.73%
NASDAQ  2,384.36        -32.62 or -1.35%        -10.10%
TSX COMP        13,063.85       -55.52 or -0.42%        -5.56% 
TSX VENT       1901.73       -21.91

BoC Close       Today   Previous       
Canadian $      0.9425  0.9396 
US $    1.0610  1.0643 

Euro Spot Rate  Today   Previous       
Canadian $      0.6374  0.6391 
Euro    1.5689  1.5647 

Gold    AM      PM     
London Gold Fix (US)    $791.00 $788.75

Spot Crude Oil Future(US$)      $114.40 +$1.53 or +1.36%       
Silver                 13.32             +0.22
Copper                 3.43             +0.12
Nat Gas               8.05              +0.07

News Summary:

A sharp selloff in bank stocks sent the Toronto stock market lower Tuesday, but TSX losses were limited by solid gains in energy and mining stocks.

Financials also led the way to a sharply lower session in New York following a glum report on investment bank Lehman Brothers.

Toronto's S&P/TSX composite index dropped 55.52 points to 13,063.85. The TSX Venture Exchange was down 21.91 points to 1,901.73 while the Canadian dollar advanced 0.29 cent to 94.25 cents US as Statistics Canada reported that higher demand for automotive products helped send wholesale sales up 2% to $45.2 billion in June, their fifth increase in six months.

New York's Dow Jones industrials fell 130.84 points to 11,348.84. The Nasdaq composite index moved down 32.62 points to 2,384.36 and the S&P 500 index lost 11.91 points to 1,266.69.

There were more jitters about the financial sector after an analyst at JPMorgan Chase cut his earnings estimates for Lehman Brothers because of a seasonal slowdown in business and continued weakness in the credit markets. Lehman shares closed down $1.99 or 13.25% to US$13.04.

Financials were also under pressure after former International Monetary Fund chief economist Kenneth Rogoff said that "the financial crisis is at the halfway point, perhaps."

He added that he expects "one of the big investment banks or big banks" to go under.
The TSX financial sector was down 3% as TD Bank declined $2.90 to $59 while Royal Bank lost $1.57 to $45.04.
"Canadian financials have to be treated quite differently, we're nowhere near the pain of writeoffs that have been endured by U.S. and European financials," said Vincent Delisle, portfolio strategist at Scotia Capital in Montreal.

"The real story of this summer is the U.S. dollar rally and commodity prices going down (which) has triggered some rotation out of resource stocks and into financials. So we've gone from a very dramatic oversold condition for banks to pretty much overbought conditions a few days ago."

Inflation worries were also on the rise after the U.S. Labour Department reported that rising costs for energy helped push wholesale prices up 1.2% in July, more than twice the 0.5% gain that economists expected.

The runup left prices for the past year rising at the fastest pace in 27 years.
"Maybe investors were hoping to shrug off the challenges of high commodity prices and inflation," said Jack A. Ablin, chief investment officer at Harris Private Bank in New York.

"But now we find out that perhaps the inflation situation is worse than we thought."
The Toronto energy sector was ahead 2% as the September crude contract on the New York Mercantile Exchange gained $1.66 to US$114.53 a barrel after the dollar weakened against the euro and a rally in heating oil attracted new buyers into energy markets.

Mining stocks were also supportive with the gold sector ahead 2% as the December bullion contraction the Nymex closing up $11.10 to US$816.80 an ounce.

The base metals sector moved up 1.7% as Teck Cominco Ltd. improved $1.35 to $40.30.
Industrial and tech stocks were also weak.
There was also a reminder of the grim state of the U.S. housing sector as the government said that construction of homes and apartments fell in July to the lowest level in more than 17 years.

Housing starts came in at 965,000 on an annualized basis, down from a pace of 1.08 million in June. Meanwhile, the weak housing sector was a major contributor to a 24% drop in second quarter profit at Home Depot Inc. However, net income of US$1.2 billion or 71 cents a share beat analyst expectations of 61 cents a share.

On the TSX, declines beat advances 880 to 644 with 212 unchanged as 368.7 million shares traded worth $6 billion. (THE CANADIAN PRESS)

TSX
Most Active

                                               
ELR     Eastern Platinum Ltd    1.36    +0.02   +1.49%  19,419,537     
YRI     Yamana Gold Inc 11.04   +0.29   +2.70%  7,883,023      
UTS     UTS Energy Corp 3.91    +0.09   +2.36%  6,236,179      
RUT     Rutter Inc      0.14    -0.03   -18.18%         6,216,168      
SES     Saxon Energy Services Inc       6.97    0.00    0.00%   6,083,930      
BBD.B   Bombardier Inc  7.22    -0.24   -3.22%  5,855,157      
ABX     Barrick Gold Corp       35.52   +0.46   +1.31%  4,956,424      
RY      Royal Bank of Canada    45.04   -1.57   -3.37%  4,524,293      
BWR     Breakwater Resources Ltd        0.24    -0.02   -7.84%  4,230,785      
K       Kinross Gold Corp       16.63   +0.20   +1.22%  4,116,884      
CLL     Connacher Oil and gas Ltd       3.78    +0.28   +8.00%  4,096,775      
G       Goldcorp Inc    33.63   +1.28   +3.96%  3,821,792      
TLM     Talisman Energy Inc     17.99   +0.38   +2.16%  3,815,231      
PD.UN   Prcision Drilling Trust 20.86   +0.07   +0.34%  3,625,307      
TD      Toronto Dominion Bank   59.00   -2.90   -4.68%  3,608,067      

TSX Venture:
Most Active

                                               
MAA     MagIndustries Corp      1.70    +0.03   +1.80%  3,310,252      
TTA     Titan Trading Analytics Inc     0.37    -0.01   -1.33%  2,890,650      
TEL     Trigon Uranium Corp     0.23    -0.02   -8.00%  2,830,000      
HOP     Telehop Comnmunications Inc     0.65    +0.02   +3.17%  2,359,500      
PEP     Petrostar Petroleum Corp        0.41    +0.02   +5.13%  1,940,195      
SOR     Solana Resources Ltd    4.15    +0.05   +1.22%  1,744,726      
WPX     Western Potash Corp     0.78    -0.10   -11.36%         1,718,398      
NSE     Northern Sun Exploration Inc    0.04    +0.01   +16.67%         1,503,000      
NAG     North American Gem Inc  0.17    -0.02   -8.33%  1,467,034      
LGO     Largo Resources Ltd     0.48    -0.04   -6.86%  1,411,458      
WND     Western Wind Energy Corp        1.50    -0.17   -10.18%         1,123,376      
IZP.H   Inflazyme Pharmaceuticals Ltd   0.03    -0.01   -14.29%         1,068,100      
JNX     Junex Inc       1.95    -0.45   -18.75%         1,055,361      
BUK     Bridge Resources Corp   0.83    +0.08   +10.67%         1,054,520      
SN      Sennen Resources Ltd    0.40    +0.03   +8.11%  1,022,000      

Trading Halts/Resumptions:

Trade Resumption - KINGSMILL CAPITAL VENTURES INC. - KCV.P
Trade Resumption - NANOTECH SCIENCES CORP. - NAN.P
Trading Halt/ Trade Resumption - Victory Nickel - NI
Trading Halt/ Trade Resumption - Independent Nickel - INI
Trading Halt/ Trade Resumption - Victoria Gold Corp. - VIT
Trading Halt/ Trade Resumption - Gateway Gold Corp. - GTQ

Sources include Advisors.ca, tmxmoney.com, Canadian Press, Yahoo Finance,
Stockhouse.com , Canoe.ca

Re: Molybdenum Oxide US $34 / lbs

This News is Sponsored by www.GeodexMinerals.com

 

BHP Billiton makes record breaking profits - 15.5 billion profit

 

Venezuela to beging shipping to Columbia  50,000 barrels of Gas per month

 

Pakistani - President Musharraf will  step down even under the

threat of being impeached he origimally took power in 1999 coup

Molybdenum Oxide US $34 / lbs

Market closes for Friday, Aug. 15, 2008

Sponsored By : www.AndersonFinancialMarketing.com

Close   Change  YTD    
Dow Jones       11,659.90       +43.97 or +0.38%        -12.10%
S&P 500 1,298.20        +5.27 or +0.41%         -11.59%
NASDAQ  2,452.52        -1.15 or -0.05%         -7.53% 
TSX COMP        13,096.70       -262.21 or -1.96%       -5.32% 
TSX VENT      1937.33   -53.85

BoC Close       Today   Previous       
Canadian $      0.9443  0.9405 
US $    1.0590  1.0633 

Euro Spot Rate  Today   Previous       
Canadian $      0.6435  0.6351 
Euro    1.5539  1.5746 
Gold    AM      PM     
London Gold Fix (US)    $784.75 $786.50

Spot Crude Oil Future(US$)      $113.64 -$1.37 or -1.19%       
Silver                12.81             -1.41
Copper                3.31             EVEN
Nat Gas               8.09              -0.04

News Summary:

A broadbased selloff led by commodity stocks pushed the Toronto stock market more than 250 points lower Friday.
The S&P/TSX composite index tumbled 262.21 points to 13,096.7 as concerns mounted about a slowing global economy and the effect on oil and metal stocks.

The loss took the TSX's main index down 241.68 points or 1.75% for the week with finance, base metals, gold and energy stocks all lower.

But while commodities led the way downward, all TSX sectors were lower, save for a small gain in consumer discretionary stocks.

New York markets were mainly higher thanks to a sharp drop in the price of oil which deflected more grim data on consumer sentiment.

The Canadian dollar was up 0.38 of a cent at 94.43 cents US.
Statistics Canada reported that manufacturers' sales hit $52.5 billion in June, up 2.1% from May, with much of the increase powered by higher prices. It says petroleum and coal made the biggest sales gains, jumping 6.4%. Sales by primary metals manufacturers rose 6.1%.

New York's Dow Jones industrial average gained 43.97 points to 11,659.9. The Nasdaq composite index moved down 1.15 points to 2,452.52 and the S&P 500 added 5.26 points to 1,298.2 as investors were also reminded of the fragile state of the consumer.

The University of Michigan reported a slightly smaller-than-expected rise in consumer sentiment in early August compared with July, signalling that the average consumer remains
under pressure.
The September crude contract on the New York Mercantile Exchange fell $1.24 to US$113.77 a barrel after going as low as US$111.34 as the U.S. dollar extended its recent rally against major currencies. Prices had risen sharply Wednesday in the wake of U.S. Department of Energy figures showing a larger than expected drawdown of gasoline inventories last week.

But the main direction of oil has been down since hitting a record of just over US$147 on July 11 on the belief that economies around the world are slowing down, if not in recession. On Thursday, both Germany and France reported declines in second-quarter gross domestic product, their first quarterly decreases in years.

The gold sector was 4% lower as bullion moved below the US$800 level. The December gold contract on the Nymex closed down $22.40 to US$792.10. (THE CANADIAN PRESS)

TSX
Most Active

                                               
BN      Blue Note Mining Inc    0.05    +0.01   +25.00%         12,205,857     
G       Goldcorp Inc    31.16   -1.77   -5.38%  6,510,718      
YRI     Yamana gold Inc 10.43   -0.43   -3.96%  6,147,171      
EF      EarthFirst Canada Inc   0.27    -0.05   -15.63%         5,465,108      
SVW     Silverwing Energy Inc   0.06    +0.03   +100.00%        5,443,114      
K       Kinross Gold Corp       15.79   -0.80   -4.82%  5,219,637      
GCE     Grande Cache Coal Corp  5.08    -0.37   -6.79%  5,038,499      
ABX     Barrick Gold Corp       33.94   -1.71   -4.80%  4,650,017      
BBD.B   Bombardier Inc  7.57    -0.19   -2.45%  4,420,615      
ELR     Eastern Platinum Ltd    1.39    -0.13   -8.55%  4,126,934      
TLM     Talisman Energy Inc     17.48   -0.52   -2.89%  3,761,817      
ECA     EnCana Corp     70.04   -3.06   -4.19%  3,532,315      
TIM     Timminco Ltd    13.00   +0.75   +6.12%  3,436,050      
CCU     Constellation Copper Corp       0.02    -0.01   -20.00%         3,157,204      
UUU     Uranium One Inc 3.66    +0.05   +1.39%  3,145,554      

TSX Venture
Most Active

                                               
CMS     Creston Moly Corp       0.31    -0.07   -17.57%         4,324,287      
PLE     Plexmar Resources Inc   0.13    -0.02   -13.79%         3,831,000      
OPA     Opal Energy Corp        0.11    -0.02   -12.50%         3,192,385      
LGO     Largo Resources Ltd     0.52    -0.06   -10.34%         2,936,025      
FOS     PhoscanChemical Corp    0.86    -0.08   -8.51%  2,748,439      
TAO     TAG Oil Ltd     0.11    +0.01   +5.00%  1,914,000      
SD      Sidon International  Resources Corp     0.12    +0.02   +20.00%         1,605,650      
EM      Empirical Inc   0.02    +0.01   +100.00%        1,423,000      
BUK     Bridge Resources Corp   0.77    -0.07   -8.33%  1,335,800      
CQV     Canadian Imperial Venture Corp  0.06    0.00    0.00%   1,222,100      
EML     Ecometals Ltd   0.14    0.00    0.00%   1,126,500      
APX     Austral Pacific Energy Ltd      0.16    -0.15   -48.33%         1,108,994      
MAA     MagIndustries Corp      1.58    -0.16   -9.20%  999,720        
SBB     Sabina Silver Corp      0.80    -0.10   -11.11%         944,211        
CML     Crowflight Minerals inc 0.28    -0.04   -12.50%         924.968

Trading Halts/Resumptions:

Trade Resumption - INFINITY ALLIANCE VENTURES INC - TCF (formerly Infinity Alliance Ventures Inc. - IAV.P)
Trading Halt - Carlaw Capital 111 Corp. - CW.P - Pending News
Trading Halt/ Trade Resumption - BMTC Group Inc. - GBT.A