dmm.to - yes the daily looks primed, but check out bollinger bands on the weekly, they've never been that pinched ... which only means it's going to move, doesn't give you direction, but OBV does sort of suggest it'll be upward
Along with the fundamental situation of course - the 'approximately thirty days' they gave for start of production from Cabo de Hornos is up saturday [release was on 27 may] ... they had to be fairly confident to put out that timeline, and they've had time to train crew, work the bugs out of the mill, take care of details, so the chances of imminent happy news seem reasonable, should spark something of a run even without certainty on royalties ... maybe Claude's right and that doesn't mean as much to the market as operational issues, we'll see
mmg - geez, how much more of that Dome paper is going to come out here ... i realise that management is still doing re-org stuff, and it looks like not enough results are back yet to put out a drilling release, but you'd think there could be some recovery after all this volume ... there were people who wanted in on that placement, and couldn't get any, well here's their chance
Whole market is a bit tedious actually, i find it hard to develop any interest most days now ... new highs for gold and its stocks barely uptick, then get soft for days, this was not in the programme i got at the door
Zinc is a dime off its lows of three weeks ago, that's fifteen per cent ... won't mean much to its stocks at this point, though |
