Well as predicted by some the Gap had to be filled before the price could continue it's upward trend. Didn't I read some where that 80% of all gaps up get filled......seems almost like an unwritten law....incredible. Looks like the gap from mid Oct was a least partially filled yesterday and with the Dow bouncing back I can't see us below $2 for much longer. If the Dow holds above the 10'000 tommorow then look for new year highs to be set fairly soon.
Why the Dow has anything to do with mining in Australia I'll never know....
BRM Price at posting:
$1.88 Sentiment: Buy Disclosure: Held