USGD trade ideas
USGD.C -- On watch for bounce off 52 wk low (junior gold miner)USGD.C is cheap at $3M mkt cap and tight 60M float. Trading at 52 wk low with solid bid support at this level. Favourable macro (gold), expecting update on its high grade gold Nevada project + upcoming presentations PDAC could fuel the momentum reversal here. Seasonality may come into play as well as this stock tends to be active and have the highest gains in the early to mid spring.