With the whole market heading south significantly, all Yukon explorers have taken more or less massive hits as well.

As the whole Venture lost 30-40% of it´s value, most Yukon explorers see a similar paper loss, no matter if we are talking advanced players as the likes of ATAC, Kaminak, Golden Predator, Northern Tiger or Northern Freegold or early stage players as Smash, Ethos, Pacific Ridge and over 100 others.

As always, these market conditions are very challenging for invested individuals and present excellent opportunities for people on the sidelines with cash in the kitty.

But in the middle of this mess, I see a possible market recovery over the next weeks.

And I hope the Yukon explorers will see some gains as well (my portfolio is down 30%).

At least some insiders see some light at the end of the tunnel and are buying at these levels:

Tarsis Resources Ltd. (TCC)	As of October 12th, 2011
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
Oct 11/11	Oct 11/11	Brown, Mark Thomas	Control or Direction	Common Shares	10 - Acquisition in the public market	100,000	$0.295
Sep 28/11	Sep 26/11	Brown, Mark Thomas	Control or Direction	Common Shares	10 - Acquisition in the public market	10,000	$0.300
Sep 23/11	Sep 23/11	Blythe, Marc Girthon	Direct Ownership	Common Shares	10 - Acquisition in the public market	7,000	$0.315
Sep 22/11	Sep 22/11	Blythe, Marc Girthon	Direct Ownership	Common Shares	10 - Acquisition in the public market	2,000	$0.400
Sep 12/11	Sep 12/11	Blythe, Marc Girthon	Direct Ownership	Common Shares	10 - Acquisition in the public market	3,000	$0.395
Sep 06/11	Sep 06/11	Blythe, Marc Girthon	Direct Ownership	Common Shares	10 - Acquisition in the public market	5,000	$0.400
Mar 07/11	Mar 02/11	Poliquin, James Duane	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$0.720
Mar 07/11	Mar 02/11	Poliquin, James Duane	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$0.710
Mar 07/11	Mar 02/11	Poliquin, James Duane	Direct Ownership	Common Shares	10 - Disposition in the public market	-10,000	$0.730
Mar 07/11	Mar 01/11	Poliquin, James Duane	Direct Ownership	Common Shares	10 - Disposition in the public market	-17,500	$0.700
- Amended Filing

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