Good post DJ. Volumes of late have been relatively light as is typical in times of testing and accumulation by the SM. A floor LOOKS in place, imo, at 50c, which is a good indication things are turning around again. Will want to see volume pick up before any serious moves are made,imo.
Lets not forget over 8mil shares changed hands in OCT after State hole 1 released, in two days. IMO it wasn't average punters/traders buying after the supposed dissapointing announcement.It had to be someone, and someone with $$$. This can be seen as a sign of strength in the background, by some, that may point to higher prices, of course there is the possibilty they also lost out, but at this early stage of POK's quest for a world class POtash deposit I think it's unlikely they fold their hands.
Good luck holders
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