andash delay?, page-52

KGL had a strong uninterrupted run from $1 to $1.46.
A catalyst was all that was needed for a profit taking correction.
The catalyst?
What one extremist politician said, markets correcting, the gold price and gold stocks correcting.
Take your pick; any one may have been enough on its own.
All combined did the job.
Where will the bottom be?
Guesswork. We have pulled back nearly 50%.
Judging by the level of insto buying on the way up, this may be enough. Depends how many nervous traders are left I guess and how eager the buyers are to start buying again.