The ZSTER gave me sound advice when he pointed out that buy ans sell depths mean nought.
They did in the old days when chalkies marked a board. Today buys and sells are at the whim of a computer user/ shareholder .
On the Zsters advice ,I place no credence on their reliability.
Last week we had an announcement of Wayne prioritorising drilling on the new tenement.
This was a simple statement of a proposed drilling program on the new tenement and the reasons for it yet it caused an immediate spike in the share price.
These buyers must have been waiting in the wings as they were not evident on the buy side prior to the announcement.
The current share price is a pretty good one for an explorer in my opinion.
Wiyh more positive announcements and in coming months I anticipate such, the share price will be a reflection of those announcements. -------------------------------------------------------- I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
CDU Price at posting:
$4.26 Sentiment: Buy Disclosure: Held
