During the downthrust last week we saw a few 300k + volume days as people got nervous and/or stopped out. The daily average is around 150k
Someone(s) was buying all those shares.
Today we are back to 300k + volume, I wonder if all of last week's sellers are now buying back in on the back of the jump in the gold price? I remember Jim Sinclair last year forecasting a significant amount of volatility in the gold price and I guess we are now seeing that. I hope anyone who jumped out last week timed it well getting back in because the bounceback has been very swift and it would have been easy to be caught out and actually lost money.
I also wouldn't be surpirsed if we see a new significant shareholder notice some time in the next two months.
dying
TRY Price at posting:
$4.67 Sentiment: Hold Disclosure: Held