Market sentiment I believe is taking a turn, as I mentioned yesterday from the broker. It isn't a wheel spinning about-turn, more of a supertanker trying to do a u-turn.
Day to day POG has never had a bearing on the sp, I am punting on the explorer becoming a junior miner, then the POG will have much more of a bearing.
There is news imminent, as the co has intimated. Punters want to gamble and try and take a position 1: hoping that a jorc ann is better than a 100 thou extra oz, and 2: that they beat the ann, or try and get in early on the upswing.
Can't knock em for playing the game,
A cross trade could be me selling through a broker to someone completely unrelated using the same co, who happens to be next in line with an order, so not necessarily sinister.
We are a long way off market sentiment making a palpable return to positive territory, but it is nice to think we are on the crest of the wave, instead of trying to catch it from behind, all the better for higher leverage.
It is a game, but for me at least it is very serious.
just mtcw
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