With no apparent newsflow causing this particular run, I see no reason why this wont go to at least 2.8 short term, may even go back to 2.5 It makes sense that anyone who bought at 2c or less may use the spike to sell a portion to get a free carry - very prudent behavior if you have watched GDN's sp over the past 2 months. I'm on a free carry & I have to say its extremely soothing on the nerves knowing if i were to loose it all, it was only less than 1/2 my trading profits anyway. Dont get me wrong, Im not down ramping, just rationalising the retrace. And i dont expect to loose it all either. Until production testing proves the actual reserves & instos jump on board the share price will bounce about, use the volatility to your advantage do a bit of charting & get some free carry or just make some money. Happy gas sniffing
TSV Price at posting:
3.1¢ Sentiment: None Disclosure: Held
