SPQ 12.5% 0.7¢ superior resources limited

I think the current SP pull back is a combination of a few...

  1. 265 Posts.
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    I think the current SP pull back is a combination of a few things, a couple being most of us have already done our shopping and there is no announcement to kickstart other buyers ... yet (hence the very small trading volume/turnover today), and the Aussie election this week with a possibility of the leftist rabble being voted in & the watermelon Greens possibly being a pain in the ass to mining. Regardless of the election outcome, the market hates uncertainty so I expect we'll be cooking again next week when the dust settles.

    I had a careful read of the last announcement a few days ago & am extremely enthusiastic about the possibility of it all being one big copper field. I know dreams are free, but if you look at fig.3, page 5, it looks like zones A & F are definitely joined, zones E & B have a good chance of being part of A & F, and if zone C is joined it's a monster, and on top of all that it's open to the west as well.

    I've been trying to get some more for .033 (stubborn b'stard refuses to go below .034 much dammit), but if it goes under .03 I'll be buying up large again.
    Last edited by huflungdung: 17/05/22
 
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