AVR debuts on TSX and keeps climbing

Well, AVR moved from the Venture exchange to the TSX on Christmas Eve (news of this was released on Dec 22).  It went as high as $1.97 and closed at $1.89.  I'm up over $4000 since I bought in on Monday Dec 22.  I'm hoping for a CNL like rise.  If it does, it will indeed be a home run.  A great Christmas present indeed.  General Lewis Mackenzie and Pierre Pettigrew are on the board of AVR and Sprott Asset Management holds about 20% of the company.  I think this may be a real winner.

Trying to find more info on CNL's yearly production, but it doesn't seem to exist!?  They reported some recent drilling results (Dec 21) with very high grade gold deposits (10x more gold than say AVR's deposits).

It has been another year to be thankful.  Well, every year is one to give thanks to the Lord.

AVR Still Climbing and it was hand, foot and mouth disease, not strep throat

Well, wondering why I wasn't getting any relief from the penicillin after two days of treatment.  I thought it was because I needed something stronger (like what a specialist prescribed for me years ago Zithromax I think it was).  Went to the Southdown medical clinic again and saw a different doctor.  This one was more thorough.  He said right away - you have a virus - that's why the antibiotic didn't work.  So, I went to get some ibuprofen as the Tylenol was only giving me an hour of pain relief.

AVR is still going up - it hit another all time high.  What a run it's having!  How do you value this stock?  I was using Kinross Gold as a benchmark.  Kinross had a little over 2 million oz/yr production.  AVR is hoping to reach 200 000 oz/yr production in 2012.  So, shouldn't it be worth about 1/10th the price of Kinross?

AVR Rockets again, I'm sick with strep throat

I started feeling something wrong in my throat on Sunday (Dec 19).  My body was aching on Sunday, then by Monday night, my throat and ears were in pain.  Finally went to the doctor on Tuesday morning to get antibiotics.  The mediclinics here don't open until 9 AM.  The first one I went to (Southdown and Truscott) was the one I eventually got treated.  Had done a circuit up Erin Mills, to Dundas/Laird and back as all of the mediclinics along the route open at 10 AM.  I've taken 4 antibiotic pills and I'm still in pain from this strep throat.  This is a real bummer.  I've not felt this kind of pain for years.

However, I noticed that AVR has rocketed up to a record high today.  I'm up $1600 since buying 10,000 shares on Monday.  This is my hope to recover past losses.  Also trading TKO to try to make some smaller gains as copper is hitting record highs too.  ATH is getting out of range for me, but it's still moving up.  Wonder if I should get back into K sometime too.  Just don't have enough cash to do everything I want.

A $2.8 trillion unfunded liability

Great point by Andrew Coyne on At Issue tonight.  The aging population is a $2.8 trillion unfunded liability.  Often, we hear that students need to have context to learn things.  How about this oncoming financial burden for a context. I often think that this desire to find context and to change how education works is influenced by the sense of entitlement we have in well-off nations.  I don't think a student sitting on a dirt floor in an African school will need context - they don't have a sense of entitlement to education - it's a privilege.  Coyne noted that the US and especially the UK are doing things right now to address this problem of the aging population.  Canada is not.  We may be financial stars of the G8 now, but not in the future!

An excellent three months for my RRSP

I have achieved Active Trader status and now pay $10 trades for any number of shares.  This is a great benefit from my previous cost of $29 trades for up to 1000 shares.  I could have made a few thousand more than I did, but one has to fight the bad psychology of "what could of been".  How do you move your RRSP up by about $3000 in 3 months?  I traded ATH-T, TKO-T, STB-T and MFC-T.  I dumped MFC-T and ATH-T too early  and made hundreds instead of thousands.  TKO was just for a quick 10s of dollars.  Now, I also got lucky by buying WTN-T on Dec 2nd when they announced an extension of their takeover talks with Walther.  On Dec 3rd, it rocketed at the open and I made a cool $480.  RESEARCH!  I've done a lot of reading on GlobeInvestor, so that was essential.  You also need a stock that has a high volume.  WTN was very active once it was a takeover target. I noticed since STB-T pays its generous 9% dividend monthly, you can trade it during the month to make small capital gains as well as collecting the monthly dividend.  Now, I'm holding K-T and it's risen nicely this week.  I bought too high, but now it's in positive territory for me.

Let Us Be Kind, poem by W. Lomax Childress

I got the yearly Christmas letter from a retired Presbyterian minister today. In it, he mentions a poem that was taught to his sister by Miss Ruth Stuttaford at the Chatsworth Continuation School.  I found it in a free book called Poems Teachers Ask For, Book Two (available from Project Gutenberg).  I was telling my IP10/20/30 class today that it's going to be a tougher world for them than it is for me.  I referred them to the recent Maclean's article - Generation Screwed Cover Story.  I would think we need more of this:


Let Us Be Kind
  Let us be kind;
The way is long and lonely,
And human hearts are asking for this blessing only--
  That we be kind.
We cannot know the grief that men may borrow,
We cannot see the souls storm-swept by sorrow,
But love can shine upon the way to-day, to-morrow--
  Let us be kind.

  Let us be kind;
This is a wealth that has no measure,
This is of Heaven and earth the highest treasure--
  Let us be kind.
A tender word, a smile of love in meeting,
A song of hope and victory to those retreating,
A glimpse of God and brotherhood while life is fleeting--
  Let us be kind.

  Let us be kind;
Around the world the tears of time are falling,
And for the loved and lost these human hearts are calling--
  Let us be kind.
To age and youth let gracious words be spoken;
Upon the wheel of pain so many lives are broken,
We live in vain who give no tender token--
  Let us be kind.

  Let us be kind;
The sunset tints will soon be in the west,
Too late the flowers are laid then on the quiet breast--
  Let us be kind.
And when the angel guides have sought and found us,
Their hands shall link the broken ties of earth that bound us,
And Heaven and home shall brighten all around us--
  Let us be kind.

    _W. Lomax Childress._