Hi Barra
Good to hear from you and see your still hangin in.
Charting, I love it, but i go by good old fashioned gut feeling.
Yes, after a step spike, I expect the SP to pull back to about 0.035-36 but only for a short time and then depending on the substance of the next announcement, kick on to between 0.06 - 0.09, but as I stated before, I wont be selling until the SP hits 0.15.
Why:
1. Once the SP hits 0.06 most of the existing SH will sell and thats when the SP will esculate
2.We need to remember Paterson Res has other projects in the pipeline
3.Director pitched in from their pockets for credit rasing at 0.052.
Anyway, thats my 2c worth.
GLTA and remember, its not what you make, it what you dont loose.
Hi BarraGood to hear from you and see your still hangin in....
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