Sulliden Gold Corporation Ltd T.SUE.WT

Technical indicators

[goldish]

I don't read about anything bad on this company. What do you think is happening. Anyone have a cue.

[play_n_lay]

Not sure...technicals arent looking horrible as long as we hold 2.20.  Still making higher highs and higher lows on the cycles. The only thing I can think of is a sweet PP offer that will take them through to production, but that seems unlikely. AAB would definetly have been aware of a PP brewing in the background...they where aware something was up with CRK which is why they sold a

[RoyalBlue]

Hard to say. I wouldn't read too much into it. We have to remember that we had one hell of a run up to this plateau so it's not surprising to see a correction. The short term looks mildly bearish but the longer term charts look great. This correction may be short-lived as gold looks ready for the next leg up higher and we'll have a new resource estimate and bankable feasibility study