Who knows Malay? Not unusual for shares to spike in anticipation of good news, imo. Seen it many times. Best time to play a stock for those with some control and coin. Not a huge amount of shares on issue on this one. I hope it is someone starting to take a stake, but imo would be done in a more stealth fashion, bots etc. Can't be too dissapointed hey, i hold stock, but always pays to keep these fast rises in perspective imo. If it is because of good news, although it, again, would be very dubious it would ease my mind as to the rise. Suprised no price/volume query today too. If it is traders at play we will know soon enough. Will be very interesting to see the volume for the rest of the week, and I hope the buying will continue. I still am expecting the Fed permit announcement soon, actually remember e-mail from Ben being posted, suggesting could be end of Feb? , and expect a positive effect on the SP as I feel they will(should) announce drilling info at the same time.
Go Benny bring home the bikkies for this speccy to be skyrockted up to the big boys radar. T/O is my preferred option on this one but my very early, optimistic guess is we would have a proven JORC of >500mt and MC > 200mil by then but this coy can get to this stage VERY quickly, imo, if they start to return good hits. It's all about drilling the Fed land to try and expand some of the hits already previously analysed to see if it's a big lake of Potash, imo.Still very risky but very exciting nonetheless, I only have in what I could sleep with losing.Doesn't take too many people taking some stock to hold before sellers will become thinner, imo. Already seen some spectacular rises and falls with this one to keep the adrenaline flowing.
Good luck holders.
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