I'm not sure I buy into the whole charting thing when it comes to junior mining companies which seem driven by speculative fever and news BUT. Reading some other forums does support the view that over past 5 weeks a buyers market existed for McFauld lake players and now that's exhausted and the inevitable bounce back is being seen.

More buyers than willing sellers so the price goes up steadily. Of course end of tax selling doesn't hurt.

I like the idea of a few weeks of steady increasing volume and pricing especially since we can't count on a whole lot of news.

My guess is it will take a few months before anyone hits an economic ore body and all hell breaks loose. Sure wouldn't want to be shorting and day trading could get your fingers burnt by losing a core position in shares which could double in value in short term.