Early July CW and RB Drill Programs, page-51

seems OK to me. support at 11c market cap of about $35M is probably a bit over the odds based on past performance probably a little bit under based on future expectations especially with Monty. Haven't really experienced any neurology effect especially with that black smoker at CW right next door to Monty.

I don't get people always wanting to know what the price is going to be for a junior explorer. If you wanted that kind of certainty then buy a bank or a telco or an industrial where you have reasonable certainty of earnings and then you only have to decide what kind of multiple you're prepared to pay based on your assessment of future earnings.

I'm always watching for a pick up in volume - an indicator which has rarely let me down. I always find buy rumour sell fact seems to work quite well in this sector of the market. PEX and TLM recent good examples of that where they have come back quite alot from strong highs (almost 50% pull back).