From Thursday, looks like Merril Lynch brokered buys for...

From Thursday, looks like Merril Lynch brokered buys for whatever retail sold..



The 10/14 day average volumes are still very low..



The chart looks woeful, has done for quite some time, investor sentiment is negative . however it’s contradictory to the med/long term broker data that shows the majority of non retail brokers in positive net value of transactions (ie those brokers are buying not selling).. I posted the other day the most recent weeks in July has been value transfer amongst retail and that's not too surprising..




For me, it’s simple.. the way I see it, right now, all the great info we are receiving is still a bit of dejevu for a lot of longer term holders.. So I have absolutely expected those holders who may have a perception of seeing a repeat of Peru where drilling returned nothing of economic value (think chanape etc) are going to exit..

I trust the data, the board and company announcements, and the loads of very good analysis posted here that makes sense to me..

It’s a waiting game.. some can’t, some don’t want too and some do patiently..