Last 15 mins of day14% of the day's volume occurred with 15 mins left. Over 150,000 shares were sold off in the last 15 minutes. I would be interested to know what sold in the last half hour.
The majority was by UBS. With UBS getting some bad press today maybe they were liqidating some of their holdings to make sure they did not run into any liquidity problems today.
More likely the dip in gold had more to do with it.
As soon as gold hit a certain level it kicked in sell orders through their trading software.
Should be some drilling results out soon as they have been going straight out most of the year.
Wes