Lol Bazi. You never get it back. I was just dumb there. Peeps weren't thinkin so much about the JORC.
I looked at Pete's chart and he had a very rose coloured view of things. But if you just look at chart you can see that the 60c level is where it has broken down twice b4. That means that PEK holders already been burnt there. So when it gets there they sell and when it starts to fall those still holding say "not again" and they're gone too. And the support levels for those previous falls have been around 53c.
The JORC is good but punters need something new all the time. There was a lot of vol today and it is true that there has to be a buyer for every seller. So support is now a bit stronger.
I was also a bit distracted trying to pick up other stocks.. and getting trashed with some goldies. What a crap day.
