RE:Stock is on a tearReasons for breakout
1.Arbitrage players after last merger being forced to close short positons as stock breaks out.
2.Gold just broke out of an unsure tenichal pattern that has now been confirmed. Many managers were sitting on the buy button but were waiting confirmation of a breakout
3. Fundamentals: Great safe region, great descoveries with little capital needed to put into production, Great grades, Known management with trusted names in wealth creation, gold price in Ausie discounted dolars creating a natural hedge.... so on...