re: Ann: Trial Mining and Processing Update a... Redimoney -
Sure, there seems to be a big and determined seller at 3.5 but ...
Fundamentally, this is a screaming buy. Not only have there not been any bad surprises in the announcements recently but what goes with the 1840g/t grade in one vein in today's announcement? Sounds good to me!
Technically, the graph looks promising, price hovering at 50 day moving average, 50 day moving average about to cross above the 200 day moving average (a "golden cross").
From a trading point of view, yes, some upward momentum would be preferable but I am looking at the big seller as a buying opportunity. Not looking a gift horse in the mouth!
Ann: Trial Mining and Processing Update at Old Pi, page-6
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