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05/04/16
12:59
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Originally posted by thunder54
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I think we are close on CDV I noticed this accumulator has picked up a few decent actual sells in the last 7 days I think they might be close to getting their fill.
All trades today at 15 cents and the options got cleaned out, I would say accumulation at these levels is near completion, look for a release of the hand brake and another run on any decent drill result.
This kind of consistent volume day after day reminds me of RMS when it was around 12 cents, it just went on and on and on I remember just watching it for weeks, when it finally ended it quickly went up to touch 23 cents on no real news, that was before gold prices improved and sent it rocketing.
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A nice drilling update may be the impetus to break clear of 15c. Based on the last 3 drilling updates being issued on the 22nd of Jan, Feb and March, I await Friday fortnight eagerly.
Edit: Apologies, I missed one on Feb 12th in amongst the other 3.