resources boom - buy this stock The insider trading aspect is certainly possible with this stock. Such a big find will be closely followed by avid stock traders with deep pockets. Information has been known to "leak" before the news breaks.
Just keep an eye out for unusually high volume and keen buyers i.e. bidding the price higher.
Don't forget we are in the middle of a resources boom and this stock has only started the run.
Look at what happened to WSA, from 20c to $2 on some nickel find... this diamond deposit could easily see TAW go above $10 should they find some diamonds. Apparently the probability of finding diamonds there is very high as it's downstream from a massive diamond mine and some of these get washed down stream and trapped in these gravel deposits.
Worth a punt with some risk capital... ENPV probabily well in your favour.
Cheers,
Munch.
- Forums
- ASX - By Stock
- TAW
- technical traders...an opinion please
technical traders...an opinion please, page-9
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)