Gold Breaks $1,200/oz (U.S.)Gold is getting a nice bounce today, and any follow-through to the upside will cause investors to start looking at gold-related stocks.
GER has already indicated that they will be giving News Releases on a monthly basis regarding the results of their gold production. That's important because investors will take notice of GER as a bonafide gold producer. (Maybe that explains why someone is accumulating shares at this level. I recall someone buying all 330,000 shares at .07 a few weeks ago. And I also saw another bid yesterday of over 200,000 shares at .06 cents.)
Has GER finally hit bottom?
Don't know...but it certainly appears that someone is accumulating.
BTW, I just bought another 10,000 shares this morning.
Cheers!