Chart Chat, page-921

You could well be right on the chart but I am not as negative on the FA as you. I think Itapitanga will continue to throw up at worst steady results, with the possibility of an upside shock and Pebas could be interesting. I feel like very little is priced in for Pebas.

And to be honest I don't think much was priced in for Salobo either. I understand the negative sentiment around the drill delay and it could be the stand-out asset but it was Itapitanga that finally pushed us through the 1c barrier and it has been the stead news flow from it that pushed us up into a new base.

People may be disappointed that intercepts haven't been thicker but when you have companies like MEI trading at $20m, EUC and WFE trading $50m+ etc I don't think we are overvalued from an FA perspective. It's still early days.

As this is the chart thread though I think you're fair enough to make your chart calls. I would be lying if I said I hope they work out for you because that is counter to my investment but interesting to see a charting method outside the norm.