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Resource Stock Roundup: Wednesday, November 19th, 2008

Doug Casey (November 19th, 2008) Writes:

The bulls and the bears battled hard for supremacy throughout Tuesday trading on the Canadian Markets with the bulls eventually coming out on top of the big board and the bears winning the day once again over on the junior bourse. For the tale of the tape, the TSX Exchange added 0.46%, while the TSX Gold Index dropped 0.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 4.52% with the declining issuers outpacing the advancers by a 543 to 290 margin on volume of 169 million shares traded.

It was a good day for Peregrine Diamonds after the company reported that it discovered a gem quality 2.01 carat stone from a 2.28 tonne sample collected from the CH-1 kimberlite on the Chidliak property in Canada’s north. Peregrine ended the session at C$0.395, for a C$0.06 gain.

Rolling Rock Resources bounced off the mat to close at C$0.035 for

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