Amity followers ,
Fundamentally this one is good
* $20 million plus in bank for exploration
* actually has income coming in at the moment albeit below & belated to expectations
Chart wise
appears to being accummulated the moment. Has held 39 - 40c mark and trading upto 54 c zone.
rises I believe will face resistance at 68 , 72 , 78 , 85 , 96 an 107 c
( from annoyed people - volume traded in previous / current downtrend )
I dont expect a fast rise even with more discoveries till Iraq , elections and the annoyed people / insto's volumes have been turned over . Still at these levels a healthy profits can be made within these levels ( 47c+ )
No doubt the PR spindoctors will be in overdrive in the coming weeks / months
your comments . . . . .
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