re: Ann: 110% Increase in Nunasvaara Graphite...
I think there has been enough hinting by the company that there would be a resource upgrade coming soon. So we get news today on a down day. Good to keep price up and keep the info flowing.
However, turnover was small, so I have a gut feeling sp was pushed up more by those chasing the announcement than the resource itself.
I still think a retrace to low 30s soon enough, before another leap forward. Hence I was not a buyer today. In fact I was lined up for a retrace today so I could get in again, but the announcement blew that away! Good luck to all if I am wrong and the retrace does not happen, but I am keeping fingers crossed it will to a small degree.
amok
TLG Price at posting:
33.5¢ Sentiment: None Disclosure: Held
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