Ann: Thick New Copper Zones Defined at Storm, page-127

@Giovanni33

Here is a weekly chart in HA candles of AW1's price action over the last year, with SMAs and cross-overs to counter the suggestion that the SP has 'crashed' .
In my opinion the pullback is quite within the norms in the situation we are now seeing (and with disappointing MRE and PEA outcomes at Storm, and little to be happy about at CW)

It is mainly because of that norm that I am confident of recovery over the next months with further drilling success, and average luck with the weather.
IMO, Oppies too will have no trouble being exercised.
Also depending on whats coming from drilling, and whats new and at present unknown heads could surprise to the upside of 30c

Although I doubt the judgement or even the awareness of our counterparty these are just my personal views - not advice or for public comment.

As stated the chart has HA candles (Japanese concept to filter out noise) and uses two MAs one set at a 16 week period (pink) the other a 6 week period (yellow). The idea is that the cross-over points filter out market sentiment. It is all a matter of judgement and open to interpretation. I invite others to experiment.

However following those major price points over the year tells me the price action is well within bounds, and not a matter of undue concern given that drilling and the news conveyor are up and running again.

Enjoy the weekend and GL on the charts.



ps The BUY markers are factual - happily !! The lack of a sell marker is horrendous.