beatle ramblings from afar, page-148

Beatle Yesterday, 12:01 PM

Trading in RED the first couple of hours on Friday is quite brisk, with RED moving past the roadblock of 15.5 cents, trading as high as 17 cents but now back at 16.5 cents. Volume is good, at 6.85 million shares.

What i do like about the activity is that the Bots are at work, always trading UP, and that to me means one thing - there is an interest to continue the hoarding, by at least one party, of more RED shares. To me that means one thing - RED is going up from here and having broken over the crucial 15.5 cents mark things are looking good (and yes of course I am over-exuberant, its exciting to see it up again today).

What does the trading mean with regard to the project/company - is it Mapawa drill results, is it the finance offer getting finalised? Who knows, or is it just an insto taking a position that it wants more, I'm sure we will see soon enough. The line in the sand has been drawn already.