weekly chart, page-63

Right from the start of the Good Doctors entry, DG and I have agreed on most things.

(1) It's a bit conspiracy oriented (e.g. "They will try to gap it up to this high and Monday will be very interesting" - nothing wrong with that DG except for point two:

(2) Over time, more mum and dad investors get involved (3) There is a lot of accuracy in DG's readings based on both foresight but also a little hindsight but, recently MNC joined the ASX300 and that was after the last high bar! This means by all rights, the high bar should go a lot higher. (More smart money).

(4) What I would have liked to hear is that both syndicate investors and 'Mum and Dad investors' ('the rest of us'), are here chasing RESULTS i.e. Fundamental Analysis and are subject to day trader swings from syndicates (mostly) in between FA announcements. This means that 'the rest of us' are here waiting for the now near 25,000 metre drill results, to be followed by another 25,000 metres drill results!

(5) My point of view is, MNC will go up, with the news that is coming. Now, from what I can tell, the highest upswing we have seen to date on the chart shown by DG, is from DD. DD has just told subscribers that news is near. This means that we should see a further corresponding high from DD subscribers who may be new, or who may have been sitting on the sidelines waiting for the action to start, for whatever reasoning.

That may be based on the presentations we have heard about from overseas conferences where HC investors have attended and heard from the horses mouth that drilling is ongoing and (while drilling results may well have been excellent, the known sweet spot is yet to come).

I draw the conclusion that the results could be out this very week, and I would expect buying to increase, selling to dry up, in short MNC will start to head to 47c and stay near there (possibly only as low as 42c based on the one day February low) until the news arrives and possibly creeping higher the nearer the results become . This does not matter all that much, as when 25,000 metres of drilling results come out, we could well expect to see a much much higher sp than 47c. Investec is expecting a 22.5% increase in sp at least and I think we will see the sp take that 20% increase way above 47c to an amount of at least 56.4c (another 20%). However if the results are very very very good (above expectation) well, well, well the mutliples we have been advised would be coming, may indeed start to happen.

Newminer1000.