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Thread: Gold Juniors

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  1. #11
    Senior Member Bobcat.'s Avatar
    Join Date
    Apr 2002
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    NZ
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    Yes, I think we'll need to see significant volume traded before the price pivots north. Bergen will be dumping sometime soon IMO, after which buyers will arrive to bring the sp back up again.

    There is clearly value in this stock - SEDEX deposit, controlling interest in a farmed down Mt Adrah, etc. Hang in there mate. You and Daytr put me onto this stock - I wouldn't like to see you bail now.

    Edit: Trading volume is already 345k today. That's the highest for a while. If it tops $450k that will be the highest intraday volume since it was trading at 14c back in February...and IMO a pivot ahead of a momentum shift to the upside. 4c looks to be the bottom. Hats off to the trader who has bought them at that price.
    Last edited by Bobcat.; 12-05-2014 at 02:56 PM.
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