news, page-2

Imo:
Results so far have been more than enough to support price

Good thicknesses continuing into 700N line - +ve

If those 2 holes had been pinched it could have curtailed the play short term. That has not been the case, train still chuffs along - +ve

Alot depends now on assays of thick zones on 600N (39,41,42,43)

If these assays continue to stack up - big +ve

Technically:

In the dailt time frame:

Price has shied away from 2SD limit of regression channel.
Downside limit now $1.95 and would need poor results to break below here imo.
Upside on good news now $2.45-50

In the weekly time frame:

This weeks bar can slip to $1.90 which supports the daily range outlook.
Next weeks bar can range $2.05 - $2.65 without raising any eyebrows.

All gauges running at normal so far.

Cheers,