As we’ve been stating recently, “the tide has turned” with the TSX Venture Exchange and the bear market that started last March has run its course. It is over. A lot of cash has been sitting on the sidelines and is now entering this market. Today the CDNX climbed 27 points to 1604 on strong volume. Where is this market headed? As John shows in the chart below, this has the look and feel of a powerful “Wave 3” phase that could ultimately carry the Index back to the 2006 and 2007 highs. You heard it here first. We correctly called the turn in July, 2010, and this is another defining moment. 
January 25, 2012
CDNX: Powerful New Bullish Phase Underway
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From PG Blog
Cap-Ex Ventures – I saw the drill map for 2012 and…. Wow! There’s a great deal of excitement and it all starts next month when road show by new CEO begins. How hard shall it be for him to convince people on CEV when he was in the forefront to the last big winner they had with him? It would come as no surprise that the share price reached a new high by the time drills begin in the spring.
Comment by Bert — January 26, 2012 @ 5:51 am
I agree wholeheartedy, Bert….I’m long on CEV and I’m convinced it’s going to be a big winner…
Comment by BMR — January 26, 2012 @ 6:19 am