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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (15580)7/12/2002 11:19:15 AM
From: geewiz  Read Replies (2) of 36161
 
Frank,

I know you follow the gold stocks a lot closer than most of us and so I direct my question to you although I would welcome anyones' thoughts;

There are several massive volume spikes that coincide with big share price drops; most notable were at the close of the market yesterday, the 11th. Here are some 5 day charts of a dozen from Yahoo and notice in particular the canadians, MDG,GG, and AEM but I also notice similar in DROOY...... with the price of gold closing up on the 11th it is very unusual that such significant sales occured at the close, after the North American bullion desks were closed. I would apprecitate anyones' comments.

finance.yahoo.com

thanks, art
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