TSX VENTURE EXCHANGE -October 11-15

For the S&P-TSX Venture composite index, the four-day week following Thanksgiving was marked by record trading volumes that continued the board on its 12-week-long ascent. Over Oct. 12-15 the board gained 37.65 points to close at 1,822.53, the first time it has risen above 1,800 since the crash of 2008.

Trading volumes were exceptionally high, averaging 167 million trades daily. The 201 million trades completed on Oct. 13 marked an all-time record volume for the TSX Venture Exchange. And the volume carried more positive implications than negative: over the week only 64 Venture-listed companies fell to new 52-week lows, while 108 juniors rose to new highs.

The top trader was Majestic Gold, which moved 15.5 million shares to close unchanged at 16.5¢. The company operates the Song Jiagou gold mine in Shandong province, China; new operations numbers show the mine produced 1,234 oz. gold in the third quarter, bringing production for the first three quarters to 4,709 oz. and revenues to US$1.46 million. The company is currently building a new mill at Song Jiagou that will increase throughput to 7,500 tonnes daily, up from 1,500 tonnes.

Shares of Amazon Mining jumped $1.14 to reach $3.39 on news the company’s ThermoPotash product, a slow release, non-chloride fertilizer, significantly reduces the amount of limestone a farmer must use to correct soil acidity. Most fertilizers have the downside of increasing soil acidity, which necessitates the use of neutralizing limestone, but ThermoPotash reduces the need for limestone by almost half. Amazon Mining’s Cerrado Verde project in Brazil is home to a large resource of Verde slate, a potash-rich rock from which the company plans to produce ThermoPotash.

Batero Gold, which listed in late July and since seen its share price shoot up from 80¢ to above $2, closed a $15.76 million financing, selling 9.8 million units at $1.60 apiece with each unit comprising a share and half a warrant. The company will use the funds to advance its Batero-Quinchia gold project in Colombia.

Mountain Lake Resources continued its ascent, spurred on by drill results from the Valentine project in central Newfoundland that included 6.53 grams gold per tonne over 19 metres. Drilling from a barge has enabled Mountain Lake to test zones that were previously inaccessible. Since April the company’s share price has risen to 90¢ from 25¢.

And the two hottest gold stories out of the Yukon both continued to move over the week. Kaminak Gold released the first drill results from the fourth zone at its Coffee project, known as Kona, which included 2.2 grams gold over 57 metres and 1.9 grams gold over 23 metres. Kaminak shares gained 12¢ to close at $3.40. Atac Resources, on the other hand, did not release any news but still hit a new share price high, adding 43¢ to reach $7.29.

TSX-V most active issues
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Majestic Gold	MJS	15504	0.21	0.17	0.17	0.00
Axmin Inc	AXM	15182	0.17	0.10	0.14	+ 0.03
Canasia Indust	CAJ	14159	0.15	0.11	0.12	0.00
Medoro Res	MRS	13972	1.84	1.77	1.80	-0.05
US Silver	USA	13338	0.59	0.44	0.52	+ 0.08
Ashburton Vent	ABR	11939	0.08	0.05	0.08	+ 0.01
Tribute Res	TRB	10738	0.14	0.12	0.12	-0.01
Goldeye Expl	GGY	9847	0.13	0.11	0.12	+ 0.01
Rocmec Mining	RMI	8669	0.04	0.03	0.03	+ 0.01
Beaufield Res	BFD	8436	0.46	0.38	0.39	-0.04

TSX-V greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Cobalt Coal	CBT	3937	0.10	0.05	0.09	+ 125.0
Altair Vent	AVX	2056	0.22	0.10	0.17	+ 70.0
Meritus Mnls	MER	7014	0.51	0.28	0.47	+ 67.8
Inter-Rock Mnl	IRO	14	0.15	0.15	0.15	+ 66.6
Eureka Res	EUK	26	0.18	0.15	0.15	+ 66.6
Ringbolt Vent	RBV	57	0.13	0.10	0.10	+ 66.6
Medallion Res	MDL	3241	0.58	0.35	0.58	+ 61.1
Dalton Res Ltd	DAL	76	0.22	0.14	0.22	+ 57.1
Uranium North	UNR	2963	0.15	0.09	0.14	+ 55.5
Canada Fluorsp	CFI	323	0.70	0.44	0.66	+ 53.4
Arcus Dev Grp	ADG	4118	0.28	0.17	0.17	-52.7
Panorama Res	PRA	368	0.16	0.12	0.16	-36.0
White Bear Res	WBR	48	0.20	0.09	0.13	-35.0
Kokanee Mnls	KOK	1194	0.28	0.20	0.22	-26.6
Jazz Res	JZR	10	0.20	0.20	0.20	-25.9
Am Cons Minls	AJC	6959	0.12	0.08	0.09	-25.0
Delta Uranium	DUR	1207	0.03	0.02	0.03	-25.0
Redstar Gold	RGC	141	0.19	0.15	0.15	-25.0
ATW Gold	ATW	2356	0.12	0.09	0.09	-25.0
SouthernAndE	SUR	73	0.22	0.16	0.17	-22.7

TSX-V greatest value change
WEEK
		VOLUME	CLOSE	CHANGE
Amazon Mng	AMZ	1780992	3.39	+ 1.14
Bear Creek Mng	BCM	4756883	6.84	+ 0.79
Maudore Minls	MAO	283235	6.20	+ 0.60
Atac Res	ATC	1865516	7.29	+ 0.43
Avino Silver	ASM	360910	1.5 7	+ 0.28
Great Quest Me	GQ	1113373	1.49	+ 0.28
Hana Mng	HMG	2389627	3.30	+ 0.25
Canada Fluorsp	CFI	322761	0.66	+ 0.23
Medallion Res	MDL	3241338	0.58	+ 0.22
Southern Arc	SA	1083554	1.08	+ 0.21
Arcus Dev Grp	ADG	4118488	0.17	-0.19
Batero Gold	BAT	1017653	2.11	-0.19
Centurion Mnls	CTN	202180	1.61	-0.18
Orko Silver	OK	2904919	1.92	-0.18
Indico Res	IDI	41730	0.70	-0.15
Tsodilo Res	TSD	64170	1.23	-0.14
RX Expl	RXE	1953871	0.61	-0.13
Timmins Gold	TMM	5173245	2.00	-0.13
Coral Gold	CLH	794312	0.44	-0.12
Orbite Expl A	ORTA	5187042	0.47	-0.12