Yet another good sign
posted on
May 04, 2009 04:34AM
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For a nice thing to read on a Monday, in the context of Tyhee, all of the key points are met. Scroll down to the discussion of the $CDNX /TSX Venture chart at:
http://www.gold-eagle.com/editorials...
The CDNX rose 5.45% over the month continuing it's upward momentum. The index is approaching a resistance line above 1000 on this log scale monthly chart and will likely take some time to overcome that level. All of the indicators are extremely oversold and the fundamentals for many companies within the index, mainly gold and silver companies, remains strong. While many of the companies are in cash preservation mode some are easily receiving financing to continue exploration and development.
The key things to look for in the smaller companies are;
Add to that list the progress in the permitting process and the "survival of the fittest" stage in evolution, and you should come up with a smile, as a Tyhee shareholder....
SKELEG