OXR has a good story behind it but due to it's status as a...

OXR has a good story behind it but due to it's status as a junior miner turning larger miner we have to expect some volatility in the share price... I would consider the 25c as a good resistance point (due to the options exercise price and the fact that someone under wrote them). Keep in mind that the volume is reasonably small and no bad news came out... alot of short term traders are impatient, especially in this market and just sell to buy something else or just to preserve capital.

I was very close to buying in the low 30's but got caught up in CEY... I'm looking to accumuate some at these prices...

Its a good lesson for other stocks influenced by traders... in this environment these stocks are getting punished.

Look at ENE, ASC, NRT all of which are looking great value/great shape and their prices... traders don't want to take the risk.

Anyhow, we can expect volatility in these kind of stock... best not to get scared until bad news comes out...