Unfortunately, mkt sentiment for TDC is still neutral to negative or the SP would have risen marginally with the recent rise in the POG. We are still experiencing willing sellers in the $0.15 to $0.165 cdn range. All rallies have petered out. This allows one to build a position if they wait for the predictable drop to the lower range or it discourages those who expect great moves at this stage.

TDC is trapped for now in this range.

Depending upon the spin put on the general mkts, Gold will likely consolidate around $1700 or drop to the old trend line of roughly $1600 in the fall. Then we start the rise again. Can't let the POG get out of hand or the paper game is up.