CAZ 6.67% 1.4¢ cazaly resources limited

technicals update 21st march 2011, page-3

  1. 1,075 Posts.
    Thanks for that UP. There's no indication (volume and price wise) that MIN have their share either, purely from an untrained TA point of view. Please correct me if I'm wrong.

    I agree it's oversold. That said, the longer it drags on the more it 'should' fall... with NM scooping the rest up lol

    As I said, we should all refrain from selling and sell NM our shares at $1.50. LOL

    The thing with the allocation is that the feasibility study etc depends on it, and also any back-up plans have to be kept quiet to prevent the jeopardising of the Fremantle proposal.

    The enigma here, has always been NM's buying. I've never seen a "speccie" where the person/people in the know who's made ~$1m on market purchases. The MC is only $36m :S
 
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