andash early-mid may, page-107

Buy depth very thin. It could go either way. If sellers get nervous they will need to lower price into the few buyers that do exist. It will fall quickly on lowish volumes.

Just depends really. We have reasonable gold sector but its also the weekend. In these markets people have been not wanting to hold over the weekend.

Then you have the elephant in the room. The Andash update. Will it be during the day? After hours? Not at all? And how does market interpret the ann or lack of ann. The longer we go without the ann the more likely it will not have a positive spin.

Release it now, possibly over-reaction on the downside follwed by strong buying support. That's how I'd do it.