some reality, page-26

Pumpa, that's the 1st bit of positive news I have heard lately. Fact or Fiction only time will tell.

Thanks for brightening my day, if only for a short while.

"On the down side", Ore prices easing again and is reflected in overseas markets being down overnight. BHP Billiton's US-traded shares shed 3.6 per cent overnight while those of Rio Tinto slumped 2 per cent.

Australian sectors also still are clearly in decline. Bellwether stocks like RIO hit a new 12 month Low yesterday. Aussie market set to drop further today.

I don't expect Sundance to hold above .30 for very long. This is not a reflection of the TO offer from Hanlong, this is a reflection of the global market pullback and the impact on all resource stocks.


I'm looking at buying more shares but not at this level. I can see better buying opportunity soon.


I want this deal to fall through and another offer to come to the table, but at this stage I can only play the hand I'm dealt. There is money on the table for those prepared to punt on a good outcome but be wary of when to place the bet.


"IT IS ONLY A PUNT"