All good Sandstone, hope the Stellas went down well.
And agree it's always good to have some dry powder in the keg, especially in this current climate.
Re: IDC chart, had another look at it after today's close and IMO it looks as though we are forming a nice base here as the SP is identical to that of the 18th Feb (3 weeks ago). Guessing that we will remain within the tight range of your triangle, at least until some more news arrives (supposedly this week or next).
Note another positive is the RSI, which has been trending up in the face of the recent SP lows (as is the OBV). Like i said earlier, am not big on technicals alone with this stock, however they're certainly not indicating contrary to what's occurring with other gold stocks in the last few days.
Finally, did anyone see the two IDC editorials run over the weekend? One was featured in The Asia Miner and the other was in the Australian Resource & Investment magazine.
Please note: My views are my own and not designed to form advice or influence. DYOR & consult a professional.
All good Sandstone, hope the Stellas went down well.And agree...
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