maiden jorc, page-11

Nice to see some action today on a down market day. Sell side has thinned significantly and buyers outnumber sellers more than 3:1 and they aren't far from the action either. Next resistance 2.9c and should it break that today we could see a big upward movement - next stop 3.5c IMO.

Still some time before the expected Maiden JORC and from recent drill results we could see a premium to the anticipated 500MT if the numbers are similar in the last holes which haven't been announced.

Watch the oppies boys and girls as the leverage will be huge on a big increase in the ords provided volume is there.

Disclaimer: I hold lots of oppies as well as ords ;)