El Alacran Gold Mine Corp (fka EAGM)

[HAK41]

Hi Chevy,
Personally, I quit paying attention to the charts on this one as well as the other little gold mine for some time.
Both EAGM and MGMX will only be really influenced by either a
positive or for that matter a negative news release as to the state of affairs in their health.
Although I still hold both positions and have never sold any shares, I have moved both to my proverbial back burner.
Hopefully both will start to move before yearend.
The price of gold ( up or down ) is quite meaningless also as to how it affects either one of these.
It's simply a sit and wait situation for both of them unlike some of my higher dollar positions that experienced some substantial excitement in the past few weeks. Rio T for example was up over $ 30 per share ( buyout rumor ) in one day this past week and after holding it for 4 years with substantial gains ( from the $ 70s to $ 300 per share I've sold off at a very opportune moment). I like the flow of adrenaline.