There has been 5 x higher volumes in this stock over the last 3 days. Average volumes are usually around 170,000 per day, but yesterday and today we have seen 750,000 and 1.27m respectively today at 1pm. Something is cooking.
This is an unusual increase in volume over the last 3-4 days as well as the price jumping from 4.0 to 5.4 with no announcement or positive news for this volatile punters stocks.
I am reading the last thread which mentions something in Armenia, which a lot of semi-rare earths have been discovered recently and I am speculating this could yield a suprising new resource prospect for ECM and very soon.
ECM Price at posting:
27.0¢ Sentiment: ST Buy Disclosure: Held
