PNX - Please keep eye on her.
Over 8 million traded yesterday with average over 4.2c (Highest Volume of all time). Went down a bit on low volume today and now sell lines are getting wiped out. Assay results from tow thick zones of massive sulfides expected in few days. Further holes being drilled targeting massive sulfides. Good cash in hands. Major holders holds over 50% and have increased their position after SPP/CR. Don't seem like to be selling any time sooner. Well Known management having good chance in hands to prove their capabilities.
Could simply trade back over 6c on futher +ve news.
Please DYOR.
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Day Trading Dec 9 Morning, page-70
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