I think the reason for the rise is this:
traders and investors are trawling through mining supply companies after the huge bounces in stocks like BLY/IDL/BKN/NWH etc.
The stocks that haven't bounced as hard like AAX and CXG and other smaller players are now looking more attractive in my estimation. i was going to throw some money in either AAX or CXG, and i ended up buying some CXG on Friday.
Just my thoughts, like the aax company and chart as well although i haven't done enough homework.
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