Lots of different pressures on the share price at the moment. Announcement due out this month. End of quarter tax loss selling. Gold off $20 overnight. Graph showing a fairly solid down trending channel for the last 6 months. Others developing mines not producing yet looking rather ill (Thinking of CDV when I say this, will it find support at 40 cents). Doesn't seem to be a lot of new buyers out there for Goldie's. At least we don't have to worry about a possible capital raising for a while. I've brought a few extra for short term trade expecting a return to the top of the down trending channel soon. Not expecting any longer term price recovery until a break out of the down trending channel.
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Lots of different pressures on the share price at the moment....
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