It was Madoff mania today! More reason to invest for yourself rather than trusting your money to others. No one cares about your money more than yourself!

Mercator Minerals moved higher today but closed even at the end of the day. It’s still channeling in around the $1.40-$1.45 range. If if falls out of the channel we could be falling down as low as $1.20 so watch out for that, but there’s also a nice range at the $1.60 area and highs above $2.00 so the upside should be worth it.

What I’m Looking At Tomorrow
Those of you who follow this blog on Twitter might have wondered what a recent tweet was about.  It’s the double play on a single piece of news.  What two companies and what news?

PRZ.V – $0.11
EPL.V – $0.24

The News:

Prize Mining/Eagle Plains Complete Ramp-Up to Commercial Production Yellowjacket Gold Project, Atlin, B.C.

CALGARY, ALBERTA–(Marketwire – June 29, 2009) – Prize Mining Corp. (TSX VENTURE:PRZ) and Eagle Plains Resources Ltd. (TSX VENTURE:EPL) jointly announce that the Yellowjacket Venture (“Yellowjacket JV”) has now completed commissioning and test work as scheduled on its mill facility at the Yellowjacket Gold Project located near Atlin, BC. […] Full-scale bedrock mining and milling operations will commence upon receipt of a Provincial Mines Act Permit, which is expected shortly.
(source)

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