will ann raise the sp, page-4

I am still pondering this one yttrium....I did a quick tade on the oppies last weel and picked up 1.4c - but on Friday I saw all those sell orders stacked between 10 & 12.5c and I though there was a good chance some of those asks may be reduced bringing the price down towards the close so I didn't but any (which is exactly what happened)....but.....in the low 9s there was building bid support just before the close.

I understand that the GCR has a load of brokers visiting on Tuesday - they would not be hosting all these city guys unless hey had something they were proud of.

The ann on Friday was not impressive in a bonanza grades sort of way but it does show steady increase of the resource.

Also once the price goes above 10c it goes up in 1/2s and not 0.1s ....

I still to think about this a bit more but if I can buy in the 9s on Monday I am leaning towards buying in again.

The oppies look interesting but there is only about 3 weeks to go before you gotta post of a conversion cheque.

I think my overriding decision will be based upon the size of the ask depth on Monday - if there are still 6.5mn shares on the ask side between 10 & 12.5 I may hold off until I see these being eaten into.

There is upside there - but do you really want to tie up your money for months...???

The number of shares will also be dramtically increased post conversion at the end of September - so if the broker visit goes well and they can deliver some more good results I think there is the chance of 20 - 30% gain over the next 2 weeks or so

But DYOR I am still thinking about it....

Any comments would be gratefully received.

EB