The news caught attention, the momentum rose and volume shot up, so consequently did the pps. Now the volume has faded and the stock's price will taper off along with the momentum. That was good news for sure, but if I've learned anything investing in this part of the industry so far... it's that they're going to need more results to justify radical price climbs - at least climbs that will hold. All the buyouts I've looked at personally occurred with resource estimates over 3m-6m opt Gold. I want to see an NI 43-101 report from UXG. I'll probably enter it again later, if the volume picks up - and it's not red.
$1.89 (03/13/09)
