DKO 0.00% 5.6¢ dakota minerals limited

any predicitions for next week, page-2

  1. cy7
    930 Posts.
    As at 15 November 2007:
    ORO had 280 million shares on issue after the recent capital placement.

    Week end 7/12/07:
    74 mil shares traded -- close 2.3c (up 0.2c) high of 3.2cents

    Week end 11/01/08:
    144 mil shares traded – close 4.1c (up 1.9c) high of 5.2 cents


    The big flurry in December did not result in any substantial shareholder notices.
    I wonder if the 144 million this week will.

    Maybe just day traders – but ORO hasn’t really been a stock to attract that sort of activity --- although December’s activity would seem to have been just that.

    Unless something special is happening --- the virtual doubling in price this week and the break of 3.2 cents will need some consolidation.

    4.1 cents and 4.3 cents are areas of resistance.

    I am going to wait and let the situation unfold --- whatever the outcome.

    You risk short term gains by holding --- but the big gains will always elude you if we cash in on the first signs of activity.

    Regards to all holders – cy7
 
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