As a follow up look of the one year chart with 13 WMA and 50 DMA starting a new uptrend after many years - the daily was pressured today at .004 by a couple of large sellers. It has support at .003 high and resistance at 005 which is a lower amount than support which means that resistance would be taken out on any news at all I would say. Anyone who started dumping before drilling would have no knowledge of progress but a bit nervous of shadows and short term charts or other unknown reason. Anyway you have to have a position for a few weeks if you think there is going to be a trading halt or positive announcement – otherwise it's juggling circus balls The time to get into promising shares is at a low base of take off in the beginning of an uptrend if you can giving you the chance of holding on for a long period if its going places then free carrying – always have an escape plan though...Own choice when we buy of course..
ch
Ann: Maiden Drilling to Start at West Kimberley Project-RMR.AX, page-57
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