RE: Big Volume todayDoesn't seem to anomolous. We should be getting accumulated at these levels.
Don't know if I posted this before but RBC Global Precious Metals Fund started adding TMM for the first time in Q3 - seen on the second page of the linked pdf under "Major Buys". This will be a good catalyst as they will be a holder.
https://funds.rbcgam.com/pdf/fund-pages/monthly/rbf468_e.pdf
Any Canucks frustrated with stock picking would be advised to purchase this fund which has multiplied your capital 12X since the start of the gold bull in 2001 vs. 7X for bullion. Many other funds have only equalled gold. Best performing Canadian mutual fund becuase they have a 33.33% weighting in large, mid and small caps, so 66% of your exposure is to growth gold stocks.
Sprott changed to a similar weighting structure post-financial crisis becuase they were a Juniors-heavy fund prior to the 2008 crash and got slaughtered (but performed essentially similar to RBC since then).
Kills the perormance of XGD/ZJG the Canadian equivilant of GDX/GDXJ since all these ETF's have been launched, so worth the high MER's common to Canadian mutulal fund industry.
Anyone on this board is here because you enjoy being active but if you had friend's or colleagues who are not I'd point them in this direction.