From October 23, 2008 to May 12, 2010, San Gold was in a major uptrend that lasted 566 days and delivered a whopping 877% return. Considering nothing goes up forever or down forever, time has about as much to do with performance as price and the current decline has lasted 315 days and retraced to 2.52 which is exactly in between 2.79(50% retracement) and 2.26(61.8% retracement) of the big upwave from .57 to 5$.

If anyone is familiar with the Golden Ratio, the Fibonacci sequence and 3/8 and 5/8 phi sects, then one can argue that if SGR goes up for 566 days(5/8), then it could retrace for 340 days(3/8) which would put the bottom in some time around April 15 give or take a week possibly to coincide with a large short position getting covered in the aftermath of an orchestrated sell off on year end results that the market is expecting to be horrible. A capitulation move could get the sp to hit 2.25 at this point.

Then the monster move, delivering a Golden Ratio 1.618 times the previous move of $5 minus 57 cents.

(1.618 x 4.43)+2.25 = 9.41

for ~ $3 billion market cap

http://en.wikipedia.org/wiki/Golden_ratio