Well that would make sense. All this month Patersons have been the biggest seller by far. Maybe they advised all their customers to sell and take profits. The volume seems to have slowed down now, so hopefully all their positions have been closed. Retailers have also been selling, probably scared and caught in the crossfire. The dip in the price of gold was maybe good timing for them and was used as a guise.
MGV Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held