TLG 2.66% 48.3¢ talga group ltd

Ann: 110% Increase in Nunasvaara Graphite Resourc, page-9

  1. 3,028 Posts.
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    re: Ann: 110% Increase in Nunasvaara Graphite... I think there has been enough hinting by the company that there would be a resource upgrade coming soon. So we get news today on a down day. Good to keep price up and keep the info flowing.

    However, turnover was small, so I have a gut feeling sp was pushed up more by those chasing the announcement than the resource itself.

    I still think a retrace to low 30s soon enough, before another leap forward. Hence I was not a buyer today. In fact I was lined up for a retrace today so I could get in again, but the announcement blew that away! Good luck to all if I am wrong and the retrace does not happen, but I am keeping fingers crossed it will to a small degree.

    amok
 
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