fundamentals no different just exuberance

Last week the share price went from a low of 35 cents to a close of 42 cents

A 20 percent increase - with volumes exceeding 10 million

Not bad in one week

A further 20 percent increase this week would not surprise me

The momentum has swung to the upside

For those that bought at the levels of 20 - 25 cents not too long ago a 100 percent increase in the value of their holdings is something

The question is whether to hold or sell

I believe nothing has changed fundamentally.

We all know the drill date of Artemis

We all know the approximate drill date of Caterina

We all know that the farm out decisions are imminent on the Cue prospects

So why the 20 percent increase over the last week

It all boils down to the excitement of seeing a share perform like Karoon

No one wants to miss out on the possibilities of over exuberance, greed and speculation that cause a share to go ballistic