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In the later stages of these “C-level” cyclical bull runs (unfurling within a secular bull run), it often starts to get giddy-gigglyfun, especially with the junior miners, who all begin to pop audibly, like champagne corks, as the end of a run draws near.

Who doesn’t like 8, 9, 10, 11 heck, even 12% moves in one day?  Like [[BAA]] today — who’d have thunk it’d raise from the dead after so many weeks of dormancy?  I mean, besides me?

That’s not quite right… I didn’t know it would take off today, only that it would within the confines of this cyclical bull run.  That’s why I own 20k shares of this and have owned other small miners ( Golden Star Resources Ltd. (USA) [[GSS]] come to mind) in the past.   They are, in essence, unexpiring options at these prices.  

Here’s [[BAA]] on the weekly chart, finally getting some air off the broken downtrend line:

As you can see there’s a lot of room to grow there.  

And here’s Exeter Resource Corp. [[XRA]] which recently spun off a $3 stock [[EXGMA]] , which you’d have to add to it’s current $8 stock price (we bot the consolidated company in the low sixes, remember?).  Weekly:

Despite this junior giving birth to another junior, she seems no worse for wear, and in fact, stronger than ever.

   Keep an eye on these names and others from the small cap portolio (Rubicon Minerals Corp. (USA) [[RBY]] , Golden Star Resources Ltd. (USA) [[GSS]] , [[EXK]] ,  etc.)  as I have a strong suspicion they will continue to break out to our unending joy and to our enemies great chagrin, for a good piece going forward.

Stay vigilant,  and watch [[UUP]] for clues to the immediate future.

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Ha ha, just like my annual [[PAAS]] Easter Egg coloring pun pick, I feel the need to get that header in there every once in a while, just so I can feel young again.

I thank you for that indulgence, M. Le Fronteer Development Group Inc. (USA) [[FRG]] , you little power house uranium-gold junior, you.

Not since those halcyon days of  “Skiffles” [[SKF]] has there been a stock that moves so nicely whilst also providing ample punning opportunity.  What more can a semi-serious blogger require, I ask you?

And you likely remember this chart from the last time… we’ve finally cleared that consolidation area, and are seeking to secure radioactive gold gains (gold mixed w. uranium makes for the most posh nuclear weapons) with these targets:

I would like a short golf clap for frequent visitor “Employee8/Teahouse on the Tracks,” who reminded me of this holding yesterday and prompted this reminder post.  He’s also been very successful with his [[MVG]] call, which I have not yet gotten around to buying yet.  Startling, I know.

I would also like to point you in the direction of the recent Exeter Resource Corp. [[XRA]] spinoff, [[EXGMA]] (which I’m not sure we’ve got in our system yet).  It was up over 17% yesterday, proving the good sense in spinning off everything you can in a bull market, and hoping the market takes that unlocked value higher.   

We are of course in a raging bull for the precious metals, and that’s indicated by the acquisitions which seem to be popping  for the smaller miners (see  [[LIHR]] last week and Agnico-Eagle Mines Limited (USA) [[AEM]] ‘s announcements this week)  so it’s likely the spin-off is now being reflected as a value play AND an M&A trade bait possibility.

Last, I am hoping to roll out a couple of more LED plays, as soon as I do a little more research in some of these other names.   Of course Cree, Inc. [[CREE]] and Veeco Instruments Inc. [[VECO]] are the monsters in the space, and I’ve already bedded my stock barges with their shares.   I am looking to add as I think this space will remain hot, no matter whether our President remains Green or not.   Cheap lighting is cheap lighting, and it’s the pennies that count.

Best to you all.

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