Seabiscuit,

Until the sector gets it's legs again you're going to see fluctuations like that. Someone is selling 50,000 shares at .20. It makes a few investors nervous to see that. They don't realize that this equates to just $10,000 worth of stock. They drop a 10,000 shares at market and it takes the price down as there are not a lot of buyers.

However, for the same reason that a stock can go down on just a few shares it can move up quickly too and I think you'll see this soon enough. We're seeing Gold move up and the producers go as well. Typically at the biggining of a bull cycle, which I believe we are in, you see the market move in that order, bullion, producers, mid caps and then juniors.

When the juniors catch fire, money shifts quickly. When the investment community decides it's time to take some profits out of the seniors and put it into juniors, it moves the stock quickly. If someone comes in and decides to buy up $20,000 worth of Niogold, that's 100,000 shares. There won't be any available at .20 though so the price can move to .25 in a day or higher.

I wouldn't worry about such dips as today. Consider NOX in a range from .165 to .21 and know that on any given day it will trade somewhere in that range. When it breaks out it will break out fast and that will happen without prior warning. Well, I say that but I think the warning of breaking out is now... the signs are all there. Sometime between now and September we're going to see the juniors really start to run and Nigold will be right in the thick with continual results, money in the bank, good properties, a Canadian company... you know the list. :)