FAL 2.70% 19.0¢ falcon metals ltd

Awakening ??, page-5

  1. 1,467 Posts.
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    Nice to see a large green candlestick, the first in about ~6 months. Looks like early traders taking a position in anticipation of the Viking assays. The order book shows a batch of sales appearing ~0.28 - 0.30, I'm assuming to lock in a 25-30% gain on a rise in SP if results are halfway decent.

    I have a feeling the Viking assays are going to reveal a continuation of high grade mineralization of similar width to previous results. This should create a share scramble and see SP start to rise back toward a respectable level, especially once the Pyramid Hill drill programme is announced.

 
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