re: Ann: Laos Yuqida Drilling Work Completed ... Oscar,
My take on the activity in recent times is accumulation, pure and simple.
The sell side for example is 'stacked' giving the appearance of stock that's not in favour and consequently driving away prospective buyers other than those trying to deviously buy of course. More importantly, this is an attempt to force holders to sell at current & of course lower prices.
I alluded to the literal avaporation of the buy side recently (earlier this week) while watching. Half the buy side order literally disappeared before my eyes and since then the sell side has of course been increasing in depth.
The sell side is/has as we know been capped for some weeks now, yet another strong indication of accumulation.
I've been happy to buy more myself this week and will continue to do so as the opportunity presents.
Patient folks, patience the Hungry Dragon will reward us IMO ;)
WC8
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