Amer,, yeah not enough interest/volume yet. ( at only 500k-1m shares/day)
May have it retesting 10.5 if little new news in the coming weeks.
But thats ok,, I'll be there, picking up a few more, as I'm sure others will be.
Lots of exploration opportunities in the coming months means medium term will see better volumes and momentum traders coming out of the woodwork soon.
ERM has been unrealistically beaten up by major sellers in the past (not due to performance issues)..
When the real momentum builds ,, I don't think there'll be too many sellers able to stifle it this time..
(For comparison), the last decent share price momentum (July 2016) saw volumes more like 3m-13m/day.. compared to the current low 500k-1m/day.
The momentum then saw the SP from less than 8c up to 17 cents in the matter of about 6 weeks, so a break above 12.5 to the same or more on some decent exploration results is not fantasy land.. and no Stark or Chinova on the share register this time ,, just the usual traders.
ERM Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
