Hi Erich. Yesterday was a particularly nasty day for the market and most small caps and gold.
However, what the chart doesn't show is that yesterday CGM had a constant automated buyer above $0.09. CGM held steady on the close when most other small precious metal companies came under pressure.
With gold staging a large turnaround last night I am wondering what our intense buyer from yesterday will do today.
$0.10-10.5 is distinctly possible.
CGM Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
