chalk it down looking nice., page-45

I'm seeing a pull-back to around circa 12 - 13.5 cents to fill, or bounce off the gap before the next leg up through 16 cents.

Reading between the lines, there doesn't appear to be any news flow for another week or two, which would coincide with a pull back to the 12 - 13 cent level.

Notwithstanding the short-term weakness, I'm pretty bullish in the medium term after looking over the results and gleaning some information from the broker:

Circa $6 million in the bank, which equates to about 80 holes in the ground (inclusive of assays), two rigs currently on site with more being mobilized to the porphyry deposit, assays pending, and a maiden JORC in about two months (not too sure on how optimistic that time frame is?!).

In addition, I'm anticipating the NE vector on higher grade mineralisation to result in some impressive intervals.