...I've got a few reasons as to why CAJ may be looking at a good upswing in the next few weeks--that is if they haven't shown you enough already :)
1) Historically, the summer is not a very good time for PM stocks, and Labor day kind of marks the beginning of more interest from investors in mining stocks.
2) With that in mind, the news about these most recent gold drilling results could not have come at a better time ( also seeing as gold is once again flirting with the 1,000 dollar mark and rising).
3) Increase in volume the last week and a half along with stock price doubling since the 18th of August, Canasia is sure to turn some heads in their direction.
4) Most people look at the volume ending the day, and say,"Why the heck did we have a 2.67 million volume day with no change in stock price?" Here is how I look at it. I see today as a day where weaker hands sold their shares to the stronger. Possibly shorts looking to make a few bucks on shares they may have bought a few weeks ago. The hands these shares have found their way into now are probably more likely to hang on to them until a higher share price.
*Now, barring any manipulation that has seemed to plague this sector of the market as of the last few years, we could be looking at a good turn for CAJ in the coming weeks and months, but remember, with manipulation nothing is quite a certainty
Good luck to the longs!!
-McCoy Dude