huge volume spike, page-2

Hi Pdalgeedies

I too saw that and wondered why someone would throw up that kind of buy volume which really goes against the trend when trying to accumalate.

So perhaps it was a prearranged negotiation with past vendors/major shareholders/management/whoever who want out.

Maybe the big boys got together and said: "OK Mr. X wants out and they will continue to smash the price back when keen investors want to buy in and put up decent buy orders.

"Let's put up around a million $ worth to buy, because we know that in 2-3 months this will be trading at 15c-25c (or more), and let their stake be reduced therefore having nothing hinder the sp from rising with the coming ann (of gold oz result) etc."

As we know there is plenty of upside from here on in, and this truly has the potential to be the best performing jnr for 2010 with the possibility of the sp being well above its previous high due to it's gold assets alone!

Regards Astro