I have little doubt that the 100k share cross we saw a couple of weeks ago was part of a positioning stance being taken, but I don't know that I expect it to get crossed back out just yet. Never say never, but I would be a little surprised; not even sure that we will see it cross back in all in a single shot.

There were some good signs in our market today for sure.

Haywood on the buy has historically been a pretty good sign, Goldman and Canaccord have both been buying, albeit relatively small amounts and we had that Dundee coverage just come out a short bit ago; which I believe there is a good chance of some follow up on. Interestingly enough none of; Goldman, Canaccord or Dundee have traditionally been significant players in our market.

The other point of interest today is that we started to see a decent amount of the voume (relative to what did trade) coming in at the ask, rather than at the bid. Additionally we finished on an up note without needing a small trade at the last minute to cause it.

Keep your eyes and ears open, as we are starting to see some signs that things may be about to heat up.

Salut,
Leigh McBain