It's interesting there is a lot more interest in Orocobre on the TSX (ORL) than here on the ASX. Thursday overnight they were up 7.2% to close at $CAD 2.68 after an intra day high of $CAD 2.70 on volumes of over 113000.
Last night although they closed down 3.73% to close at $CAD 2.58 on volumes of over 123,000 after an intraday high of $CAD 2.65.
Over the past few months, Orocobre volumes have been around 13,000 per day. The past few days, there has been over a 10 fold increase in volumes.
Orocobre's broker is Canacord which is a Canadian based broker. There has also been a lot of Canadian financial positive press of late which I am sure has helped give them a kick along as well.
I am confident we will see a breakout here on the ASX in the coming weeks.
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