Somethings Up!
Just look at the TSE Volume Leaders for today
Symbol Name Last Trade Change Volume
ELD.TO ELDORADO GOLD 4:05pm 2.30 0.00 0.00% 15,767,919
NT.TO NORTEL NETWORKS 4:23pm 4.15 0.00 0.00% 15,496,094
WRM.TO WHEATON RIVER 4:11pm 1.70 +0.06 +3.66% 8,676,147
TIW.TO TELESYS INTL 4:12pm 1.06 +0.24 +29.27% 8,502,681
SWPb.TO SASKATCHEWAN B 4:09pm 0.42 -0.01 -2.33% 7,344,168
AC.TO AIR CANADA 4:10pm 1.29 +0.04 +3.20% 5,743,982
PIL.TO PANGEO PHARMA 4:24pm 0.34 -0.25 -42.37% 4,550,568
BBDb.TO BOMBARDIER B 4:22pm 4.55 +0.03 +0.66% 4,090,251
MWA.TO MCWATTERS MIN 3:58pm 0.15 -0.02 -11.76% 3,919,890
NSU.TO NEVSUN RES LTD 3:59pm 4.15 +0.25 +6.41% 3,544,317
PDG.TO PLACER DOME 4:26pm 16.92 +0.33 +1.99% 3,293,48
K.TO KINROSS GOLD 4:10pm 9.59 +0.10 +1.05% 2,812,667
BGO.TO BEMA GOLD CP 4:05pm 1.70 +0.14 +8.97% 2,426,539
First time in a long time that I have seen Nortel knocked off the top. The volume of trading suggests Institutional buying. If the Institutions are into the Golds can the Retail Public be far off. Keep those positive Press Releases coming.