wa1 Chart, page-1617

we clearly have a history of grinding back for days on end and then thrusting forward in a hurry. It has happened many times. Most recently, we hit $11.35 on the 8th nov only to retreat over the next 4 weeks to hit $7.2 on the 12 dec. this 37% drop included 9 red days out of 10 at one stage. It then took only 7 days to get back up to $13.
We also suffered a 28% fall in 2 days from $10 on the 11th dec to $7.2 on the 12th... and took 7 days to hit $12.40 thereafter.

My point being that whilst it is very unpalatable watching days on end of selling and red... usually with an end of day push to get it to close at its lows - you also have to understand this has been the pattern for a long time. There is no doubt a strategy to sell down and accumulate as people exit the tide and wait for signs of a return back up - but most of the time those people never get back on as it moves back too quickly for them. That is why we have a line of disgruntled ex holders willing the price to fall so they don't feel so much sellers remorse. If you research any of our doomsdayers they all held and sold at lower levels... watched it keep going then turned into disciples of doom.

You either believe this is a generational discovery that will change niobiums global distribution from essentially a monopoly held by china to a duopoly with us being the entire west side... or you think its all just a line on a chart you are trying to exploit. If its the former then this 25% fall since $14.80 feels disappointing but does not cause any panic - or you are the latter and are here hoping you catch some momentum and a quick profit, in which case you are probably close to cutting losses and walking away.

I am the former. But I am still hoping a buyer puts the foot down and turns the chart around for us as I much prefer green than red. I am sure it happens, just no idea what the trigger is.