We're either looking at a large drop or a price surge! I think...

We're either looking at a large drop or a price surge! I think the former at this stage. I note that the shorts increase by 10M shares yesterday or (14.85%) bringing the share capital shorted to 15.2%. Noting that I expect HUI/XAU and gold/silver to correct back from current levels I suspect CDE is going back to at least critical support at 64c. Obviously if these people fail then a surge back to $1 would not be out of the question. Gutsy people though shorting CDE as one piece of good news will have them burnibg in hell! The below website may be a great tool to use to time entry and exits into CXC.

http://www.shortsqueeze.com/?symbol=CDE&submit=Short+Quote%99