Tracking the performance of PM shares

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Re: Tracking the performance of PM shares

Postby Pixel8r » Sat Sep 22, 2012 9:40 am » Safari 6.0 Safari 6.0  Mac OS X Mac OS X  Screen Resolution: 1680 x 1050 1680 x 1050

Not quite sure what is going on loads of the small juniors are making large up moves on virtually no volume.

Here's two of mine from Friday, both on very low volume.

African Queen +25%
Cosigo +17.6%

My guess is the market makers are signalling that the junior market is about to catch on fire again. :D

This will do a load of good to Pinetree capital (TSE:PNP), who haven't moved far yet. Their next NAV release looks like it will show a large jump, as they own a load of these small juniors.
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Re: Tracking the performance of PM shares

Postby Pixel8r » Thu Sep 27, 2012 9:21 am » Safari 6.0.1 Safari 6.0.1  Mac OS X Mac OS X  Screen Resolution: 1920 x 1200 1920 x 1200

The mining shares have been showing significant strength lately and appear to be leading the bullion again. Here's a chart of the HUI which shows we have cleared the resistance at 480, which should now act as support.

I think this signals that the mining shares are starting on a run again, which is about time. :thumbup:

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"Money is Gold, and nothing else"
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