20c xmas?..., page-2

Another large 500,000 buy at 4.3c today. Looks like someone is taking a serious stake, and is doing well not moving it in doing so. It wont be long until the resistance at 4.4c is tested.

EDIT: as I write this a large bid of 1,000,000 is now on 4.3c, it could be getting ready to move very soon.

I agree that 20c by Xmas is possible. However, I am going to be a bit more conservative and say first quarter of next year. By that time exploration approvals and formalisation of the MOU with Exergen will be ready, Mt Mulligan court case should be settled and Texas coal exploration approvals will be in. There are three quality coal company making projects just there. Then we have follow up of the various gold and base metals/phosphate projects.