short term trading week starting - 22 oct, page-34

  1. 22,120 Posts.
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    Entry for the STT list
    TA and FA long ORO

    TA
    Has broken out through 0.4c and large volume and has now back tested previous resistance at 0.4c acting as strong support target 1.2c previous 12month high

    FA
    One of the only SIR nearology plays yet to run
    Has already compared itself to SIRs Nova see the below ASX Ann

    "Sirius (Nova Project) - Oroya (Talc Lake Prospect) Comparison
    Roe Hills (Talc Lake) Nickel Project – Western Australia (Oroya 100%)
    ? Four Ni-Cu intersections on Talc Lake drilling programs delineated low-grade Ni-Cu mineralisation over 150m with high grade intercepts including [email protected]% Ni
    ? The mineralised zone is open at both ends
    ? The Down Hole EM surveys indicate conductive targets along the mineralisation zone
    that warrant further drill testing
    ? The Talc Lake project is 50km from the recent Sirius nickel discovery at Nova"

    http://www.oroya.com.au/pdf-asx2012/20120821%20Talc%20Lake%20Prospect%20Comparison.pdf

 
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