Agoracom: Small Cap Investment - San Gold Corporation - Elementwise - Are we headed back to 1.09 on your retracement?

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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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AndyK

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Elementwise - Are we headed back to 1.09 on your retracement?

posted on Apr 24, 2008 06:30AM

Hey e,

It would seem that we are heading almost all the way back on this retracement. I wouldn't have believed in seeing 1.25 again, maybe its time to get a stink bid in for 1.20 or even 1.15.

If i remember correctly, the next bounce up could take us up to 1.65 this time, if the EW theory is holding on this stock.