A couple of thingsLots of activity when KDX hits the 50dma. You wouldn't think a jr would trade that way. I've seen three flushes now pushing right past it only to close at or above it. Very odd. For those with stops probably very disappointing.
There is good accumulation going on at the 2.40-2.60 level. Lots of shares being taken off hands. Interesting note that over the last two weeks the pink sheet equivalent has had almost all of the volume represented on the TSX. Is there a group quietly accumulating in the US?
If gold holds between 1300-1400 short term, we should see the 3's in around 12 weeks if not sooner