0407364338in my ,humble, opinion there are four reasons that...

0407364338
in my ,humble, opinion there are four reasons that explain recent volume

in no particular order;

1 directors have spent a fair bit of time talking it up, doing presentations in london and europe recently, to some fairly large players, there was a surge in volume to 100m last time they did a roadshow in london

2 Co announced that results would be available APPROXIMATELY early dec so you would expect a surge in volume as results draw close, this stock has had quite a buzz around it for some time, lots of paper, extreme high grade, pog on bull run and Oz already jorc = lots of people keeping an eye on it

3 Technically speaking (not really my area)i believe that 4.1c represented the breaking of a 6 or 7 year longterm downtrend, this coupled with recent volumes will have set of many alerts on various trading systems etc, hence the appearance of many new players

4 excalibur is the sexiest drilling campaign doin the rounds and has regularly graced the top 10 most posted threads here on HC in recent times and of course there are a lot of sheep out there lol

cheers and good luck to those that stick around for results

boomtrader