Some time ago I posted about a few well capitalized investors who trade the PM majors quite successfully and were waiting for a confirmed breakout before buying good juniors. They are starting to accumulate shares as the breakout in Au and Ag was confirmed recently. TDC is on their list. They are having a difficult time building a share base in some stocks without moving the share price higher. They believe as I do that a lot of gold has been leased out and paper alternatives are being used to cover. They want the real stuff. That said, they are very patient and will let the price come to them. They were hoping this recent hiccup around the options expiry woud allow a dumping of PM shares in general.

As a side note it may be time to pick up the SVM shares sold recently after a 15% drop from the sale price. Who cares if it goes lower as you now have more shares for the same price (RRSP). TDC is where I park some fun money and its success would be a bonus not my lifeblood.

Woodstock