One of the best-performing stocks during a turbulent 2014 for the Venture has been Highbank Resources (HBK, TSX-V) which is preparing to commence the production phase for its Swamp Point North aggregate project near Prince Rupert…

As we wrote nearly a week ago, December is a great time to be searching for bargains in this market and a great one came up Tuesday when some nervous nellies sold HBK down to 12 cents intra-day before a powerful reversal took it to a closing price of 17 cents…this confirmed the very strong technical support between the 15 and 19-cent Fib. levels…dumping this stock at 12 cents was a foolish move – too many traders allow emotion to get in the way of common sense…the company has encountered some minor delays in getting to the production stage but this is a well-run company that does know how to execute, and 2015 is shaping up to be a banner year for HBK…

There is no shortage of demand for Highbank’s aggregate – even before anticipated LNG business kicks in – and the company is expected to gradually ramp up production during 2015 once it begins early in the New Year…keep in mind, the port of Prince Rupert is undergoing a massive infrastructure expansion already valued in excess of $40-billion…Highbank holds strategic advantages over any potential competitors, so we see a long-term value-creation situation here that one rarely finds in aVenture company…

Highbank has been a strong Venture out-performer in 2014 and its 200-day moving average (SMA), currently at 22 cents, continues to rise…

HBK is up 2 cents at 20 cents as of 8:20 am Pacific…