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Message: Re: correction or testing the 09 lows?
In case you own any

I was in a meeting with a very well known fund manager when I received a tweet on ADV's plunge. The manager calmly told us that BMO had lost a large fund client earlier in the day in either their Resource fund or Special Equity fund to the tune of $10 to $20 million and the money was moving to Dynamic thus liquidation had to occur. Look at the top holdings of the BMO funds and all were down significantly more than teh market and other resource stocks that were not in their portfolios.
Marketwire
Alderon Resource Corp.
March 9, 2011 - 04:00:20 PM
Alderon Clarifies March 9, 2011 Trading Activity
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2011) - Alderon Resource
Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") announces that the Investment
Industry Regulatory Organization of Canada ("IIROC"), the regulation services
provider of the TSX Venture Exchange, halted trading in Alderon's shares at
11:59 a.m. on March 9, 2011. IIROC ruled that all trades in the common shares
of Alderon that took place prior to 11:59 a.m. on March 9, 2011 at prices
below CAD$2.80 per share will be re-priced to CAD $2.80 per share. The ruling
is being made by IIROC on the basis that the trades were unreasonable. IIROC
issued a trade resumption notice and trading in Alderon's shares resumed at
1:30 p.m. on March 9, 2011 at a price of CAD$3.50 per share.
All operations are running normally on the winter drill program at the
Kamistiatusset ("Kami") Iron Ore Project in western Labrador, with three
drills in operation, as announced on February 3, 2011. Alderon is on target to
meet all previously announced timetables and commitments, including the
delivery of an initial National Instrument 43-101 ("NI 43-101") resource
estimate for the Rose Central and Mills Zones in March 2011 and an updated NI
43-101 resource estimate in June 2011 (see February 3, 2011 news release for
further details).


SymbolCompany NameSectorGeographic
AreaAsset
Type% of
Total Assets Performance as at March 9, 2011
1 Week Performance (%)
CLT-T Celtic Exploration Oil and Gas Producers Canada Stock 4.16 -3.03
PMG-T Petrominerales Ltd. Oil and Gas Producers Columbia Stock 3.47 -5.84
POU-T Paramount Resources Oil and Gas Producers Canada Stock 3.36 -11.87
SLG-X Sterling Resources Oil and Gas Producers Canada Stock 2.73 -4.28
ANV-T Allied Nevada Gold Precious Metals United States Stock 2.71 -6.3
- Atlas Iron Limited Metal Mines Australia Stock 2.56 -
R-T Romarco Minerals Precious Metals United States Stock 2.19 -7.53
G-T Goldcorp Inc. Precious Metals Canada Stock 2.0 -2.44
TOU-T Tourmaline Oil Oil and Gas Producers Canada Stock 1.95 3.14
NGL-T Angle Energy Oil and Gas Producers Canada Stock 1.8 -6.82
CZE-T C&C Energia Ltd. Oil and Gas Producers Canada Stock 1.78 3.08
PPY.A-X Painted Pony Petroleum Oil and Gas Producers Canada Stock 1.72 -0.92
K-T Kinross Gold Precious Metals Canada Stock 1.64 -2.04
ELD-T Eldorado Gold Precious Metals Canada Stock 1.63 -7.66
POT-T Potash Corp. of Saskatchewan Chemicals Canada Stock 1.61 -9.63
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