watershed tungsten, page-16

Yes, that was a funny set of trades. I think you'll see a bit of a rise next week, though, since today's announcement read well and when more fully digested should draw a few buyers below 5c. I was particularly impressed by the company's decision to abandon the plan to place the recent capital raising shortfall. IMO that's smart, since they raised about $800,000, which was enough to keep things ticking over for a few months, and with luck, later in the year the SP will be higher and they can try again, but with less dilution. Anyone who grabbed shares at 4c should be well pleased with their purchase. I'm sure that was a low water mark and the only way is up from there.