holding up well, page-8

Not much else going today that daytraders and very short term speculators are going to throw money into today.

IMO, I wouldn't want to be holding this one when the next drilling results come out as it will be highly probable they won't hit the same %. However, it's still possible hence the blue sky thoughts, and no doubt some may arrive at a conclusion that is very probable geologically, but IMO it is highly unlikely, even if you just base this supposition on the law of averages of these types, particularly how the other holes were practically desolate.

Yesterday's VWAP was 13 so many sitting on a profit and loss so it'll be a fight today as quite obviously, a new type of momentum monkey has hit the speculative sector who just follows the leader, so money can be made trading this one atm.

The VWAP is currently 14.7 this morning so further support is evident so far today.

However, the real action, either way, may eventuate within an hour or two as the fight between profit/loss takers is won. If it repeats yesterday's movements, we'll be surfing another two waves today, and ending up close to 17.5 plus at some stage. It's anyone's guess really but without a further update, today and Monday is vital in terms of ongoing short term share price movements - more so, today, but as always, global macros determines market confidence; stunningly, this even effects a tiny ASX listed exploration company which is undergoing a prelim. drilling programme as far afield as Botswana.

Looking for a 40m plus day in volume and by the looks of it, I've just picked up some more at 13.5/14. Lots of early indecision today but eventually, a few leaders will emerge IMO.