Hello fellow holders,
Finally was able free up some funds to buy in today.
Just wanted to post a chart showing the monthly performance, as its a great tool for seeing the overall picture (ie. drowns out the noise from the market, and all the other various anomolies).
EVE has shown a very nice (and very significant) up-trend over the last few months. Furthermore, there is still quite a large amount of room to move yet between the current SP and the highs of FY06 (when U prices were last on a rise that lasted over 2 years. see link below)
http://www.infomine.com/chartsanddata/chartbuilder.aspx?z=f&g=127677&dr=10y
With the monthly up-trend (and..45 odd degrees is quite an up-trend) that first gained its momentum at the start of the FY continuing on strong then there is nothing much to worry about IMO.
It would take some pretty big and dramatic changes to the Uranium market as a whole to upset this upward movement. In which case, Ill be doing as the old adage suggests, and riding the trend til the bend at the end.
Link to the chart:
http://i1131.photobucket.com/albums/m551/retireat25/HotCopper%20-%20EVE/EVE5YearMonthlyChart.jpg
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Hello fellow holders,Finally was able free up some funds to buy...
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EQUINOX RESOURCES LIMITED.
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