RE:new money from hedge funds et alYes.. it's not unusual to see delayed reaction after a good NR comes out.. also there is still a significant weight of opinion that the pog may show more weakness over the summer.. traders will naturally continue to sell on strength.. failed breakouts have become the norm in the PM sector..
Pretium has gained 30% in the last 2 months.. not bad considering sector sentiment and expected June lows.. some companies made multi year lows in early june.. all in all yesterdays shareprice weakness was hardly surprising.. still working through resistance at $8.. once it breaks loose I think we could see $10 in fairly short order...