MineralRite Corp (RITE)

[H8ster]

I made an entry position here at .1087 near EOD once it appeared that the bottom had been reached and it started it's leg back up. The massive volume was impressive.

I'm assuming the 2 million shares that were given to Goldfield for the recent acquisition represented the majority of the 2+ million shares we saw get sold off today. The near even ratio of buying to selling was good to see. Logically, it should move back up with relative ease. It didn't take much volume at all to get from it's low of .07 to it's close of .1087. I think it can crawl back to .15 in a couple days. Of course, that depends on how many shares Goldsmith was able to unload today and what their remaining inventory is.