Ann: Red Mountain signs term sheet for Mokabe-Kasiri Project, page-111

Great announcement today. I don't know what more people wanted. We got cobalt in the DRC with historical high grades. Looks the goods so far to me.

The price action today represents a largely retail make-up of the stock. Volatile swings will occur because generally retailers can't see past tomorrow. Just look at CXO. With a mostly retail register you get a lemming effect. Anyways, it's back to accumulation. The longer the accumulation phase, the bigger the bunt.