doom and gloom lol, page-23

Agree that nothing really has changed.
Look at the chart. Think it will bounce from here.

http://www.aireview.com.au/index.php?act=view&catid=8&id=7097

Also article mentioned SDL not liable for the $15m.

I think gloom and doom is over. Very strong support at this level 50c. Touching 120days moving averages. On 16 Aug it hit the 120 days MA (36.5c) and rebounded to rally to 86.5c. I think selling overdone.

If it hit 40c it will be touching the 200days MA and I think it is very unlikely given that it does not have a history of doing so Mar 2007.

Then again strange things do happen in the market. Maybe SDL iron ore prospects amounts to nothing.

So far on evidences i.e. announcements and preliminary studies, high quality iron ore at Mbalam, and a China company is mining for high quality iron ore in the same area suggest to me that SDL may have a a world class iron ore project. Time will tell.