As you are all aware,I do not hold this stock.But I am watching with interest because I always want to learn.
We have had an announcement out,with the Geo saying that visually it maybe 5% chalcopyrite...1.5%cu for 15m ,380m downhole.
Today it has gone up 11% on punters taking a position hoping an announcement comes out this week.If one does come out it would virtually be another visual assay because the official one fron Darwin will not be out till early August???.
The problem now for punters is:buy on rumor,sell on news is comming.
Chart is basically in downtrend,so whenever news comes out,it would have to be a ripper to get it back to near 20c.If the official news comes out below 1.5% cu then watch out below 3c.
My opinion only as I am just observing.
Goodluck to holders and those just entering.
As you are all aware,I do not hold this stock.But I am watching...
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