breakout - increased volume

Hi all

Over the past couple of months AEM has been consolidating nicely, with a couple times (on tiny volume) putting its head above the consolidation to trade at 1.5c. This morning has seen a substantial increase in volume (off a small base)this morning with 3m shares being traded.

The offer was 1.5/1.6, however when I last checked a large buy order of 1.8m was sold at 1.5c with the bid now back to 1.4/1.5c.

It will be interesting to see if the new seller gets taken out this afternoon or tomorrow. And how the price reacts.

The breakout on the chart is looking great with very little volume between here and 2c, once above 2c we currently have very little selling pressure. Here's looking forward to the announcement on the Indonessian deal.

It looks like an interesting week for AEM.

D: Hold plenty.

Cheers

Clever1