if you have a look on a Comsec chart it will show you the volume...

if you have a look on a Comsec chart it will show you the volume of past trading sessions and that would indicate past action.

 The selling maybe completing.

 Who knows,it could have been a distressed seller due to Mr margin calling.

 When the announcement comes out, hopefully all will be revealed.

The fight for $1250 is on and it looks like it may well get exceeded and then some.

Ive been picking up these bombed out explorers at give away prices over the last few months while waiting patiently for the "action"to ramp up.

 It certainly appears we are at this point.

 Gold is a hedge against government mismanagement and we have that in spades all over the planet.

 As long as the credit markets remain in one piece then we should do well depending on company specifics.

 Even company specifics might not matter when this thing gets going.

 just the words "gold stock"  may be enough to spark some action in similar fashion as the dot coms.