Osisko Mining Inc (OSK.TO)

Very similar seasonal characteristics to other gold stocks. A normal bottom would be expected sometime in July. This one has actually had a double bottom and has broken above so has already established an upward trend. There is some resistance at around $10.50.

Mid-tier gold stocks are acting at bit better than large cap is because there is always the possibility of mergers and acquisitions. Golds are going through a basing process but he is not certain that we have seen a turn yet. This is currently right underneath its 200 day moving average and is into some pretty significant resistance.

Larger companies with their global diversification are having more risks with their multi-political jurisdictions and cost overruns. Mid-caps like this, with their simpler businesses, have not had the huge cost overruns so have been reporting better quarterly results.

Had a really tough start-up. Things improved last quarter. Looks like a pretty good bottom. If you like gold, it is in Canada, which is a big positive. It is in an attractive jurisdiction. Not a bad name to be picking away at.

Big fan of this one. There was trouble a little while ago and it took a beating. It was short-term thinking that caused the sell-off. With production they see over the next few years they are one of the better buys in the area. Should trade at a premium because they are in Canada. They are a giant mine.