After the profit taking after hitting .008 for a second on open...

After the profit taking after hitting .008 for a second on open on Tuesday we have seen WFE steady around the .005 level. Share price hits its high of .008, profit takers locked in some gains which caused a pull back and a good session of fear after its thrown around in relation to KDL. As forrest has pointed out the majority of the massive volume that took positions on the back of a potential acquisition of gold, silver, copper, zinc project did so at .005 or higher. There was huge buys going through and the sell down after profit taking has been on low volume. We have now steadied and should see an interesting week next week as we approach a possible halt as the acquisition possibly moves to formal stage in coming weeks as flagged in the speeding ticket by WFE exactly 1 week ago today. I would expect punters to again start taking positions early next week in anticipation unless a halt beats them if the deal does move to formal stage.