Points -strongest drill results by far -"the gold is definately in the ECONOMIC RANGE" @50seconds -very very pleasing, 2.5-2.75 grams per tonne gold - economic range -each of the results are highly pleasing -something more than we were expecting -4-5 drill holes covering the drilling -still need to reach target of drilling -still got somemore OUTSTANDING RESULTS coming out of stage 1 and redrilling will need to occur -worthwhile resampling in next month (this is expected)
after this BRR im a from just a HOLD to a STRONG HOLD selling out now is just sentiment from technical analysis which i understand and unfortunately may occur further but beleivers like BB ctindale etc will be accumulating at these levels from weak holders
furthermore, i still see the accumulator-bot with 1000 shares at levels from 11c, which confirms my suspicions it is a comfortable buy at these levels.
how long before these levels last according to TA is anyones guess. remember the big chompers taking up chunk loads and in 30 mins millions of shares chomped and up 5-10 cents, this certainly WILL occur again, when and at what level is anyones guess
not ramping, just facts but i will call 13-15c in short term, 20s in medium term but u have to be bloody cocky to try to predict long term before solid stage 2 results and MtC as it will be BLATANT RAMPING
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held