TSX VENTURE EXCHANGE -NOVEMBER 8-12

A long streak of upward momentum on the S&P-TSX Venture index stalled slightly in the Nov. 8-12 week, with two days of losses edging out three days of gains to have the board end down 1.82 points at 2,007.09. Volume was still high averaging 164 million daily trades, but the average was somewhat skewed by a record-breaking 230 million trades on Nov. 9.

BonTerra Resources was the most traded and biggest percent gainer after releasing some impressive drill results from its Eastern Extension gold property in Quebec. Rush assays for hole 10-01 returned 13.5 metres grading 17.06 grams gold per tonne from 25 metres and hole 10-02 had 7.7 metres carrying 21.24 grams gold from 40 metres depth, including a 1-metre interval averaging 77.8 grams gold. BonTerra saw its shares climb 47¢ to 69¢ on 38.4 million shares traded.

Proving the worth of good neighbours, Atocha Resources’ share price climbed 8¢ to 17¢ after Detour Gold received approval to start construction at its Detour Lake gold property near Timmins, Ont. In a press release, Atocha promoted the fact that its Atkinson gold project lies 15 km south of Detour Lake, and that it finished a 1,200-metre drill program on the property earlier this year, with more exploration to come.

After a long wait, Christopher James Gold’s shareholders approved a reverse takeover by Chesapeake Gold. The go-ahead gave Chesapeake the biggest share value increase on the board, up $2.30 or 23.3% to $12.18. The deal has Christopher James, which changed its name to Gunpoint Exploration on Nov. 16, acquiring Chesapeake’s Talapoosa gold-silver project in Nevada and its La Cecilia and La Gitana gold-silver projects in Mexico. In exchange, the company will issue Chesapeake 32 million shares after it does a 10-to-1 share consolidation of its 56 million shares.

Canadian International Mineral’s share price shot up 27¢ to 64¢ on 15.5 million shares traded, after it issued an update on the Carbo rare earth element (REE) project in B.C. that it’s earning a 75% interest in from Commerce Resources. While not releasing any assay results, the company reported that it had completed 1,200 metres of drilling on the 28-sq.-km property near Prince George. Canadian International had already climbed 17¢ earlier in the week on news that it was moving ahead with road construction and stripping at its Deadhorse Creek REE project in Ontario.

Renaissance Gold wasted little time establishing itself, jumping 45¢ to $1.15 on 1.4 million shares traded in its first week of active trading. The company was formed out of the acquisition of AuEx by Fronteer Gold, whereby AuEx shareholders received 0.5 of a Renaissance share for each AuEx share, as well as 66¢ in cash and 0.645 of a Fronteer share. Renaissance holds all of what were AuEx’s exploration properties outside of the Pequop gold district in Nevada.

TSX-V most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Bonterra Res	BTR	38432	0.69	0.22	0.69	+ 0.47
Cream Mnrls	CMA	18852	0.17	0.11	0.16	+ 0.04
Stans Energy	RUU	18434	1.12	0.87	1.08	+ 0.20
US Silver	USA	16980	0.83	0.61	0.70	+ 0.06
Tournigan Engy	TVC	15987	0.35	0.28	0.33	+ 0.05
Canadn Int Mnl	CIN	15509	0.74	0.37	0.64	+ 0.27
Avion Gold	AVR	14124	1.05	0.92	1.02	+ 0.06
Curlew Lke Res	CWQ	13765	0.06	0.05	0.05	-0.10
Oremex Res	ORM	13412	0.29	0.20	0.25	+ 0.07
ESO Uranium	ESO	12695	0.11	0.06	0.09	+ 0.03

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Bonterra Res	BTR	38432	0.69	0.22	0.69	+ 213.6
Delta Uranium	DUR	3564	0.07	0.03	0.05	+ 150.0
Silver Lake Rs	SKZ	25	0.31	0.25	0.30	+ 130.7
IGC Res	IGC	274	0.05	0.04	0.04	+ 100.0
Atocha Res	ATT	8299	0.19	0.08	0.17	+ 88.8
Pac Coast Nikl	NKL	1911	0.09	0.05	0.09	+ 80.0
Golden Tag	GOG	1545	0.69	0.38	0.66	+ 78.3
Intl Montoro R	IMT	9256	0.17	0.08	0.14	+ 75.0
Canadn Int Mnl	CIN	15509	0.74	0.37	0.64	+ 72.9
Luiri Gold	LGL	138	0.21	0.16	0.20	+ 66.6
Curlew Lke Res	CWQ	13765	0.06	0.05	0.05	-66.6
Roscan Minls	ROS	15	0.07	0.06	0.06	-40.0
Stina Res	SQA	1418	0.65	0.36	0.38	-36.6
Infinito Gold	IG	3057	0.36	0.22	0.23	-36.1
First Star Res	FS	3715	0.39	0.22	0.25	-35.9
Paget Mnls	PGS	719	0.28	0.21	0.21	-30.0
BCGold	BCG	4316	0.16	0.11	0.12	-29.4
New Dimen Res	NDR	1404	0.31	0.21	0.22	-29.0
Champlain Res	CPL	630	0.13	0.10	0.10	-28.5
Intigold Mines	IGD	199	0.44	0.28	0.28	-28.2

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TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Chesapeake Gld	CKG	180689	12.18	+ 2.30
Rainy River Rs	RR	2573158	11.69	+ 0.94
Cayden Res	CYD	35911	11.55	+ 0.80
RareElemntRs	RES	996865	11.25	+ 0.64
Canaco Res	CAN	2905602	3.70	+ 0.62
Bonterra Res	BTR	38432189	0.69	+ 0.47
Alderon Res	ADV	2564532	2.06	+ 0.46
Mirasol Res	MRZ	945478	3.35	+ 0.46
Renaissnc Gold	REN	1416970	1.15	+ 0.45
Lumina Copper	LCC	386089	3.30	+ 0.45
Antares Minls	ANM	2007554	6.91	-0.55
Quest Rare Mnl	QRM	1388072	4.21	-0.52
Universal Powr	UNX	2363456	3.20	-0.46
Maudore Minls	MAO	270509	6.19	-0.30
Mansfld Mnrls	MDR	603416	2.30	-0.30
Great Quest Me	GQ	1042935	1.50	-0.30
Sunridge Gold	SGC	1877733	1.33	-0.24
Southern Arc	SA	805099	1.68	-0.22
Stina Res	SQA	1418327	0.38	-0.22
Avino Silver	ASM	622263	1.80	-0.22