Ann: SO4: MOU with Blackham for Potential Development of Lake Way, page-39

I think with the mou today, consolidation will be the flavour of the week. If POG holds well above 1300, this will only go higher. Too much volume going through and debt likely to be paid down MUCH quicker than previously anticipated. When the market sniffs debt being paid down quick on an oversold stock, the turnaround can be very quick, forget the elliott wave theory, its all about overhead resistance and volume momentum now.