Share Price----waiting for the tide
I am a little suprised this stock went from 40 cents to 6.5 cents and can only muster a 3 cent retracement so far. When it goes up a penny or so the buying dies out and vice versa and the way down, the selling dries up.
I suppose we are stuck here until either 1)Positive News 2) Gold price upswing 3) New buyers come in for no apparent reason.
If it can break 10 cents we should see a run to 13-15 fairly fast. Come one gold cooperate!!
There are so many institutional investors in this play--which you would think would be good..but if things turn sour that many sellers could crush the stock