volume is dropping offVolume is down significantly from friday, despite gold being down $15.
Most likely explanation IMO for SP weakness is that a PP is in the works at a discount to the market price. I was puzzled why Michael Gentile had recommended Cerrado even though it appeared that he didn't own any shares. Now we have the answer..I expect him to participate in the PP.
Hopefully the PP will be the minimal size needed to bring onboard some smart money who will promote it to their networks and that this will be much less than 35 million shares.