Note the following events:
- The upper panel shows that since middle 2013 Wesdome shares have been stronger than the broad precious metals market, represented by GDX (the way I present the chart is a little bit unorthodox - GDX is expressed in US dollars while WDO.TO chart is in Canadian dollars - well, there is no Wesdome chart available in US dollars)
- the panel in the middle shows that Wesdome shares are trading in rectangles. Firstly, they were trading in the rectangle 1, then, after breaking up, they started trading in the rectangle 2 etc. - well, the pattern is quite simple
- the lower panel shows that, starting from late 2015, the trading volume went strongly up. You can spot similar patterns looking at the charts of other small-cap miners but Wesdome beats them all. Here the increase in volume is particularly impressive.
Summarizing - although there is no news from the company, the trading activity indicates that something big is happening...