ARL 0.00% 43.0¢ ardea resources limited

Ann: Outstanding cobalt and nickel results, Goongarrie South, page-119

  1. 4,582 Posts.
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    Have ignored Mav now, as another poster said - provided him/her an opportunity to provide legitimate answers and could not do so. I believe the modern day term is troll.

    Anyway technically, I do not believe that the small 1.5c gap of two days ago will close. The trading action (volume wise) and movement seems almost identical to March 30th (start) potentially April 13th finish : thus 3 days into it. Buying opportunity short term presents itself again at 64c. From open price (as at April 30th) on gap up day a move of 33% (1-(50.5/75) occurred, this seems likely the case again. Thus .33=1-(62/x) = 92. The next run will perfectly test the 92c high; an old man once told me there are only two truths in life (a) mathematics, and (b) time ... I beg to differ but if I told you all the third you would not believe me!

    Have a great day.

    NL.
 
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