Louvem Mines strongly appears to have established itself above its major long term 5000 day moving average line at $0.95 with a last today of $1.17. This is the first time that it's bettered the 5000 day average to the upside since 1989. Back then from about $3.00 plus its shares advanced in about six months to the $10 area. Will history repeat itself from a lower levels following a very long term bottom formation? The duration of its bottoming process can certainly support a significant percentage advance during the next two years along with a much higher expected gold price and a much lower US dollar.

Of course there are some expected resting stations ahead on the chart, even though in the short term we may be approaching one, the long term future for owners of the company couldn't being shining brighter with the recent share price activity. Louvems's superior relative strength to all other gold companies is indicating that something is cooking in the kitchen. I guess, we'll just have to wait it out until some type of news surfaces.