Well I didn't buy in last week as I was merely watching the trading action.
Although there appears to be some negatives around, my guess is some news must be around the corner on Peru and proposed drilling program and surely something must be said by the Company regards the rights issue and Puntland.
With the AGM not too far away, from a trading perspective an entry now looks okay to me.
The stock had it chances over the last week or so to be sold off and it just didn't happen. The charts are looking ok to me as well.
The water may not be running right now, however I am ready to start buying and watch progress.
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held