Developing Bellechasse-­Timmins Gold Deposit

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Message: Price action

Price action

posted on Dec 15, 2009 12:42PM

The price action on GNH is par for the course. We get resistance, break through it up 20-25%, consolidate and down 0.01-0.025 and then make it through the next resistance.

My guess is that we will hang around the .15-.16 mark for a bit and break it to the .20s in the near term. Time will tell when we really see the GNH potential, but by my count, this remains undervalued.

I am loving the strength, the liquidity and the overall price action. We are definitely attracting new eyes when consistently in the green with good volume printing new 52 week highs on a regular basis.

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