Monday, 20 January 2014

Miners Going Green on Volume

Some miner/explorer charts showing price increases on high relative volume over the past month.
While plenty are just half penny-crappers doubling to a penny there are some, particularly on less dramatic volume, which are the clear leaders attracting the current fund flows.
More to do to exclude stocks with recent splits, though these should flag on the charts, and a closer review required of .ax stock sectors. A number are driven by M&A.
Quite a few graphite and rare earth stocks moving and nickel after the Indonesian announcement.
As always only some starting point for due diligence.

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