Staggered we are still sub 50c given the blow-off from 80c after the shock from US stockmarket sell down after their incredible prolonged bull run (which the ASX didn't participate in!)
We don't appear to have recovered at all and this after our most recent drill results showed we were on track to at least double our resource and significantly increase our grade so had more reason to bounce back then our peers and considering we fell far greater.
Recent news about saving over 1 million in taxes only seemed to stave off the selling pressure for a week and has returned, the turnaround on Monday was short lived and again yesterday we went bearish.
I do expect some kind of recovery which to date has not eventuated. Hopefully this recovery will spell the end of the register weakness we have been exposed to and plagued by the last 2yrs or more.
Hungry Buys, page-56
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