3.2c and falling, page-12

It all depends whether this active seller in recent times has run dry! Imo there is a good chance they are out or at least close to being out because it has been very consistent. The moment it runs out will be the moment the uptrend rapidly returns back to 10c plus imo.

I can understand selling at such lows in the May, June period for tax reasons. However selling all through July at such low levels under 4c has no logic to it. It was clearly a fed up top 20 holder or x management who didn’t care about the loss and saw another play or desperately needed the cash.

Most retail have 11-13c averages unless they bought during recent drops, then potentially they could be around 7-9c levels. We are still around a third of those retail average levels so it wouldn’t be those typical every day holders who have been selling imo.

A big week coming up to see if it was a random buy day on Friday or whether the positive buying and reversal is actually taking place. Gold prices are still incredibly strong so that definitely helps our cause. Good luck to all.