It's quiet because people are getting out while the getting is good. The 50 day moving average is about to cross the 200 day moving average. Lots of technical traders will sell at that point. Stop losses will be triggered and more selling generated. Selling creates more selling. The snowball effect.
Better hope that the Dundee boys get the share price up to 3.80 mark but quick (if that's what they want to happen you have to ask yourself). Otherwise. more pain is on the way.
If record gold prices can help the SGR 50 day stay above the 200 day average then I wonder what it will take.
They don't call it the death cross for nothing.
JFF7