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Message: SGR vsLSGvsRMX

SGR vsLSGvsRMX

posted on Jun 14, 2009 07:28AM

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

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