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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (1882)5/23/2008 4:23:53 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 5637
 
Here's a weekly MMG chart with annotation of the negative CMF money flow periods, which have been shallower and shallower, as represented by the brown areas below the price chart:



With those big sellers out of the way, the stock's set up very nicely for an up move as the zinc feasibility study nears completion and the silver on the north side gets proven up, all while the junior mining sector hopefully launches a very strong recovery. Most of the shareholders have been remarkably strong holders during the last 3 years, so new buyers will likely send the stock significantly higher.

It's been a tough period during this sector selloff, but it's a great sign that the downtrend from the past year has finally been broken.