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Yes agree with most of that and the chart also still looks good....

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eshmun

12,261 Posts.

3833

02/07/18

17:49

Post #: 34090182
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Originally posted by Gwaihir ↑

I agree esh, and think the Sept and Dec quarters may prove more advantageous, but just the same, it's currently a good looking chart.

The drill results from Oval were very good.

Updated Ore Reserve estimates for both the Darlot and KOTH projects targeted for mid-2018, with increases expected within the current Resources and from extensional areas.

I think gold will have a brief rally up to approx US $1,290 before falling back to about US $1,220 as the US Dollar and economy strengthens. Some of the potential negative impacts here in Oz may be offset by a weaker AUD.

And it's going to be interesting over the next year or two, to see what happens with Siana.

Gw

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Yes agree with most of that and the chart also still looks good.

Previous long entry at 7.3-7.4 cents maintained on the Ichimoku Cloud chart with price holding well above the Kijun-sen at 7.6cents on the daily. Volume looking very soft today though. Esh

RED Price at posting: 8.2¢ Sentiment: Hold Disclosure: Not Held
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