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« High River Gold: Pours its first Gold | Main | Agnico Eagle: Up 5.11% and Approaching All Time High »
Thursday
Jul192007

Staccato Gold Gains Over 23% Yesterday

Staccato Gold Gains Over 23% Yesterday

Trading 764,212 shares, Staccato took a surprise leap up yesterday, putting on 23.08% during trading, rising from under 40 cents to over 48 cents.

There has been no press release or announcement to justify the news that we know of. If we consider that 764,212 CAT shares only amounts to about $350,000 it is clear that in small stocks like this, even a small amount of money with send the stock up dramatically.

This is an usually high amount of volume for CAT though the cause for the buying remains unclear we are not going to speculate on what sparked the rise, as it is unprofessional to guess what the cause might be without any foundation or evidence on which to base the analysis. However we are pleased to see CAT making such a dramatic gain!

Staccato Gold trades as CAT on the TSX Venture.

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