The gold sub-sector, however, has shifted into its next phase that rewards risk taking and successful exploration stories. That is were we are focused. While this is partly a response to the weakening greenback, it is also a shifting of gains from the larger gold players to those that may jump higher. In this shift, higher volume is the key, and usually the prelude, to future gains.
David Coffin and Eric Coffin
June 2009 HRA Journal
Average volume over 3 months
SGR 1.7 million
LSG 0.56 million
RMX 0.66 million
Since May 04/09 we have traded just over 61 million shares on a mostly rising SP. A 1/4 of our float is in stronger hands. Seems encouraging.
Cheers