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LSE Friday, page-40

  1. 13,575 Posts.
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    I'm getting the distinct impression here Ace there has been a total disconnect from the Tangiers sp days.

    The second tier funds are taking position and are using the profit taking smaller retail investor/traders and broking firms set profit levels to accumulate. These are effectively creating new resistance levels at what seem multiple positions in the sell depths, probably exacerbated by larger traders being involved with the 3B+ on issue.

    Its the synergies between the traders and these second tier funds that will push thru the 4c resistance on a positive next annmnt. As we have seen before they can really work this sp if it takes their fancy.

    This was never going to be a boring ride if there was early promise with drill results.

    d.
 
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