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Gold Canyon (gcu.v) We really don't have much to add, we have gone through GCU quite thoroughly and most of what we have written can be found on our site. If you use our "site search engine" in the upper right, you will find everything you need on GCU and other stuff. Or simply click on this link as we have already done the search for you. One thing worth mentioning perhaps is this week's action which we actually welcomed. Nothing goes straight up, that's just a fact. So when we closed the week at 25c, we also came down from overbought levels (technical gibberish) which is the same to say that we are now ready for new gains (should the market decide to value GCU higher). Where we go from here is anyone's guess, but why not a few more days of consolidation before we make another attempt at breaking through 30c? Both MA50 and MA200 is acting as support here and with MA50 going up at a fast pace, perhaps it will push GCU higher by itself. A huge trigger for Gold Canyon would be for Moneta Porcupine to be taken out, more on that theory further down.
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