What is really dissappointing with todays market activity is that it should have at least been able to consolidate and move slightly higher from fridays close. Strong rise in the gold price over the weekend. Improved conditions out of China and a strong Dow Jones and it's still struggling to hold 40c. If there is institutional support out there I would like to see it. Certainly no evidence from todays activity. Not much volume today so the big sellers maybe drying up but an increase in the share price would have been nice to see and a little bit of reasurrance to shareholders going forward. To be fair many little gold stocks are still struggling today as well, but not many have fallen as hard as this one has. So todays performance is pretty ordinary.
AMX Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
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