Stocks led higher by banks, RIM

Monday, Jan 21, 2013
Dear Stockhouse Member,

Canadian stocks rose to a near 11-month high, led by Research in Motion and financial shares.

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Northern Vertex Capital Inc. Provides Project Development Update on Moss Gold-Silver Property
Precipitate Gold Corp. Samples Up to 6.3 g/t Gold in Initial Dominican Republic Surface Sampling Program

Today on Stockhouse

Your opinion matters. Submit an article to Stockhouse today at [email protected]. Submission guidelines can be found here.

Top Bullboards post:

"Today's announcement, though of interest, is small potatoes compared to what is coming down the pipe with the PEA, and I hope, a series of announcements similar to today's at relatively short intervals, that will keep the media and analyst focus on GWMG. The single thing that holds back the SP of this company is the lack of public awareness, both among institutional investors, and among the throng of individual retail investors such as ourselves, and also among the retail brokers…" From poncho462 on the Great Western Minerals Group (TSX: V.GWG, Stock Forum) board.

Top Bullboard:

Research In Motion (TSX: T.RIM, Stock Forum) received the most reads and posts on a day its share price jumped more than 11%.

Top blog:

Becaro analyzes a copper and gold junior resource developer in the Mine Finder blog.

Word on Wall Street

"In the fullness of time, most people believe that this (U.S. debt ceiling) is going to get resolved one way or the other," said Rick Hutcheon, president and chief operating officer at RKH Investments, in an interview with Reuters. "The only real issue is how much angst do we have to get through along the way. But it will get fixed."


Today In The Markets

TSX 12,794.25 +68.56 TSX
TSXV 1,236.6 +1.28 TSXV
DJIA 13,649.7 +53.68 DJIA
NASDAQ 3,134.71 -1.29658 NASDAQ
S&P 500 1,485.98 +5.04 S&P 500

Today in the markets

U.S. markets were closed Monday for the Martin Luther King holiday.

Canadian stocks were higher as commodities traded in a tight range and Research in Motion shares continued their upward trek.

The S&P/TSX Composite rose 68.56 points to 12,794.25, while the TSX Venture Exchange edged up 1.28 points to close at 1,236.60.

In Canada, Research in Motion Ltd. (TSX: T.RIM, Stock Forum) (NASDAQ: RIMM, Stock Forum) shares were up 11% to $17.41 as the BlackBerry maker headed towards the unveiling of its new smartphones on January 30.

The board of directors at Rona Inc. (TSX: T.RON, Stock Forum) is being renovated under the watchful eye of two major fund managers that have a large stake in the struggling home improvement retailer. The shares gained 3% to close at $11.86.

For news about small stocks that made big moves in Monday’s trading, please read the

Stockhouse Canadian Small and Micro-cap Stock Report

Click here for a complete market summary.