At close, the SP is at or above the 10 day MA (.34), this has not occurred since December pre-Micon day runs. Yesterday we closed at .35, chewing through the large ask that had been sitting on the .34 level all week long (UBS) So we end the day up 9.4%
http://stockcharts.com/h-sc/ui?s=ISM.TO&p=D&yr=0&mn=6&dy=0&id=p49566649124
http://www.americanbulls.com/StockPage.asp?CompanyTicker=ISM&MarketTicker=TSE&Typ=S
PDAC starts tomorrow and maybe there will be some news or maybe not? We know they should be sitting on some drill results by now.
Should be a good time/opportunity to have management answer investors questions and or concerns since the Micon report was released. Nothing like a little face to face time with the real investors/industry players and the President of ISM in the booth. I say real investors etc as it is my feeling that the people who do manage to attend PDAC are either in mining or investment fields and are serious enough to attend. Talk about seeking out the research, DD etc right from the proverbial horse's mouth.
Can't avoid phonecalls or emails at these sort of affairs can you? I also like the "networking" that may transpire at these types of gatherings.
IMHO