....the need for more funds, page-3

  1. 15,276 Posts.
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    jballs...

    Good assessment.

    I expect a multi-teared chart over the next week or so, with huge swings all over the place...and some great trading opportunities.

    Firstly, I suspect we will get the details of their participation in the overseas project...which should send the shares to new highs, perhaps over several days, before it retraces due to profit takers.

    Then I expect we will get another announcement, this time regarding the recent drilling results...which I expect will be well received. The price will probably make new highs again, before the next lot of profit takers move in.

    I was able to trade in and out on Monday for a good profit and was in the process of having another buy order filled when the trading halt was called...unfortunately my order was only partly filled, so I now have a rather modest 16,100 shares.

    I have since pulled the remainder of the unfilled order, and will decide whether to buy or sell when I see what happens at the re-open.

    Cheers!
 
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