$BPGDM Daily

Out of the first leg in the resumption of the gold bull market in 2009 - 2010, you had a prominent low in gold miners' sentiment. I liken the first leg and correction here in gold prices by comparing the correction to the one in late 2010 using the TNX/PRII but the obvious comparison here would be the late 2009 correction in the $BPGDM.

http://schrts.co/tz6SIU

$TNX/PRII Weekly

I provided the TNX/PRII chart for a reference point. you will see that the indicator has gone above the 34-week EMA and that it looks to be notching up a reversal. The expected transit was to rise to just above the 34-week EMA. The rise in this indicator is very similar to the rise in 2010 and into 2011.

Since these indicators are showing a resumption of the gold bull, the company should already have commenced proceedings to complete the quasi-reorganization. There were notable exchanges of options in Golden Band shares in the last two weeks, via the grey OTC market of unsubscribed shares, perhaps representing 50% +5% of the outstanding float.

It would not come as a surprise that Golden Band or Quasico now becomes part of the Sprott Junior Mining ETF. Perhaps the 5% ownership of the float was payment for the quasi-reorganization and capital raise by providing gold to the physical ETFs held at the mint.

http://schrts.co/bTtSjF

-F6