Technical analysis, page-5

Yes of course all explorers are driven by news of findings, CR, any joint ventures being announced etc. SRN has been drilling and the last time, the price spiked in expectation of great assay results as this is a historic site with apparently proven gold deposits (as per other very knowledgeable HC posters)...but the drill results were not that great and the price tanked from 1.4c to 0.002 I think....it was also driven up in part, I think because of the CEO Vlad’s personal money being invested and apparently he has a bit of a Midas touch .....last time the drill depth was not great and so the results are possibly not indicative. How is that known? Well it’s neighbours RXL got some phenomenal finding of gold at slightly greater depths I believe.....so, it’s not unreasonable, given the nearology to RXL and I think DEG (a super duper gold find), SRN may also be sitting on a mother lode waiting to be unearthed....at least I am hoping so