California Gold Mining Inc CFGMF

this sleeper won't be sleeping much longer.....

[goldopportunity]

At the close, cgm had 2.2m on bid from .025 to .045 and 385k on offer from .05 to .21.....yes, that's 21 cents!!  Wed's pr containing further positive assays were what the market was looking for.  We also heard that a 43-101 resource estimate is expected to be released by the "end of may/2016".  Plus exploration hole results should start appearing "in a few weeks".  Keep in mind, as well, that only about half of the phase 3 hole assays have been reported.  

And from a ta perspective, I find cgm to be quite contrarian bullish in certain respects.  For instance: accum/dist has flat-lined and been scraping bottom since oct./15.  What, no one wants it...what gives?  Ah, and then I look at the mfi and I see flucuation.  Smart money has been trading it.  Other compelling ta include: neutral macd, 50dma is slowly and steadily widening above the 200, adx approaching 6-mo. low,  almost neutral cmf, full and slow stos have flat-lined at 4-mo. lows.  Very interesting stock to track, even better to own!  We'll see what happens.   Jmvho.





goldopp