Its the NOVO effect.
Pretty much all the major Pilbarra players are demonstrating the same pattern.
It was mentioned a month or two back that with all such big finds there is always an initial huge spike followed by a 50% retracement before the next upward leg continues.
And here, lack of transparency regarding assay results and when they are due certainly isn't helping the cause.
Bottom line is are you a believer or are your grounded feet starting to take on a wobble.
ARV Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
