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Message: Re: Strange
3
May 28, 2010 10:43AM

I dont disagree the we won't complain when the price goes up, what happened the other day was hardly the same thing. I think we werewell into oversold territory the day we hit 3.75...we had been in free fall since hitting 5 bucks, gold corrected and so too did SGR. When you think of all the results we have had in the last 6 months especially the last drill result of 44 feet of 3.5 ounces (way better than the RMX NR from yesterday) I think a lot of investors started seeing SGR as a bargain and it was steadily returned to 4.25 over 3 hours (based on what you say). What happened the other day was a 5 sec free fall of about 60 cents on an up day for gold, and then it suddenly reversed course and regained most of its losses all in a very small time window. Weird and i think very confusing to most investors. I havent seen SGR spike like that, be it up or down, in the time that I have owned it.

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May 28, 2010 11:55AM
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