Yes vendor, the MACDs crossed a few weeks ago and are starting...

Yes vendor, the MACDs crossed a few weeks ago and are starting to gap nicely.

Resource stocks have been punished quite severely due to problems in the Eurozone and Rudd's silly super tax. In the past year the Relative Strength Index (RSI) for Padbury crossed the 70 point line 5 times, and on each occasion the sp climbed above 3.5 cents. The RSI is currently rising and closed at 63.55 points last Friday. I think that if it could climb above 70 points we should see the sp return to 2 cents. One good news from there could see it nudge closer to what the Chinese are happy to pay.

I do think that both Padbury and Aurium are currently way undervalued when one considers the resource size and the project potential.