Since there hasn't been significant news since October 17, 2011 10:39a Sungro Minerals, Inc. Submits Notices of Intent for Exploration Permits PR NewsWire
How does this help or hinder?
What's in the news forward-looking, what happened too PPS before and after, current A/D, rumors, etc.
The notice of 'intent' for exploration is pretty much a set up for further news, right? 'right'. On expectations of that news, looking-forward it ran too about .0078 among rumors/chatter, etc. High of .0095 11/02
Since then it settled down to a low of .0018 12/08, and how long has it been since news? Part of the lookie equation.
Sudden jumps in the A/D line are also important http://stockcharts.com/c-sc/sc?s=SUGO&p=d&b=5&g=0&id=p17970548896 Along with sudden jumps usually follow a huge 10day avg. volume change. Friday .0025 14.1 million verses 3.2 million volume 10dayavg On 11/30 the 10day avg volume 'evened out'. Then after 12/01 significant changes started too occur 10day The price was heading south but the a/d was heading north MM's recovering [or whatever us knuckleheads] want too call it was taking place. Then using the 1_month Accumulation/Distribution chart A/D 12/08 a negative -5.48million A/D 12/09 end of day? a positive 3.69 million That's about a 9.17 million turn around as the PPS started too show strong signs of moving off the .0018 low with a bit of force.
It does look like the time for a good play and maybe more.