OTCQX:MEAUF - Post by User
Comment by
paperboy222on Jan 22, 2010 3:58pm
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Post# 16709718
RE: Not much reaction from market??
RE: Not much reaction from market??Long-Timer
No reaction really is for serveral reason.. This is about what we expected to be reading about, encouraging is that is seems they are hitting Gold where ever the bit touches and starts turning..
The over all POG is way down and has been for most of the week.. encouraging is that ME did not make a new Bottom.. it did test a previous and then bounced off. This also is a positive. The volume of the past couple days speaks of 2 tyhpes fo sellers,, A) those who have found better opportunity with the general sell off of the metals- which has created great buying opportunitys, B) They are being led by market sentiment rather than using their noodle.== nothign ahs changed with ME from 1 month ago or where it was at 44 cents..
Cheers