Hey All,
Thought i might reply to some of the discussion.
qq - fair call but you contradicted yourself ;). Someone is buying despite increased SP. Someone with lots of money.
Yesterday, and again today, there were moments when the floor fell out of the SP, sometimes 5 or 6 cents in under a minute. Someone is playing/ testing the shakey holders, and accumulating cheaply IMO.
Tetlom - no doubt this is a great story, but i think a difficult story to tell. Coal still has a lot of stigma attatched to it. Technology is also difficult to explain. (remember, you can't polish a turd, but you can roll it in glitter!)
5% per day is very steady, and very suspicious IMO.
Will retrace one way or another. Hopefully some news can put a floor under
Crash - There was some discussion in the pres about LNC and correlation with POO. LNC hve not built a commercial GTL plant, and are not producing commercial liquids. I find it difficult to imagine people jumping on that. Also, some of the oilers aren't even moving.
AllFuelledUp - Agree that moving into the 100 will open alot of eyes and wallets.
Income generating projects are exactly what i would like to see underpinning this rise. Their absence raises my suspiscions. Does feel alot like last time. Only this time I am setting a stop loss.
DP - sorry to here your SL got hit today. better luck next time.
Cheers all. Keep on talking.
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