Hi Gizard
I am one of those that bought on the news which is against my usual way of trading, i agree with you totally that usually when news is out, it will spike up and then retrace, most stocks do this unless there is follow up results within the week.
The reason i bought on the news was when i saw the result, 100m of 5.7 zinc, that is bloody huge and i thought that TNG might just take of with 45 holes pending, i only bought a small parcel of 35,000 shares and figured if they go down, which they did i will just average down, i did that yesterday at 47.5c, my average now i think is 55c.
Where from here, i am no expert on charts, TNG hit 65c and is 47c now that is about a 30 percent retrace, hopefully we have seen the bottom, if not and they fall to 35 or 33, i have plenty more dry powder and i will continue to buy TNG on further falls,
I think that TNG is sitting on one of the biggest Zinc deposits found of late and i beleive the deposit style is of a good nature, so time will tell and i remain poised to keep loading up with any futher falls.
Good luck to all holders
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Hi GizardI am one of those that bought on the news which is...
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4.8¢ |
Change
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Mkt cap ! $84.63M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.7¢ | $39.38K | 824.4K |
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No. | Vol. | Price($) |
---|---|---|
1 | 32320 | 4.8¢ |
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Price($) | Vol. | No. |
---|---|---|
5.0¢ | 617581 | 6 |
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No. | Vol. | Price($) |
---|---|---|
3 | 99849 | 0.047 |
6 | 826000 | 0.046 |
8 | 830452 | 0.045 |
1 | 227295 | 0.044 |
1 | 13000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 617581 | 6 |
0.051 | 63614 | 2 |
0.052 | 500000 | 1 |
0.053 | 147612 | 1 |
0.054 | 25000 | 1 |
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