I noticed the jump this morning but the volume was nothing so I...

I noticed the jump this morning but the volume was nothing so I dismissed it. My mate drew my attention to the depth where I saw the big buyer.

At first I was unconvinced. He was a step back from the coal face and made me think he was not as keen as he was making out.

Since then the buyer has hit the coal face and does not seem to be running away. In that case I conclude he is a serious buyer. We're looking at around $200K which is sizeable for such a risky stock. I guess I have to say that I am leaning towards this guys knows something. Why would you put so much money into such a gamble unless it wasn't as much of a gamble as it seems?

Another positive thing is that he is not capping. This leads me to conclude that either he is a normal unsophisticated bloke and not some broker or he is in a hurry and cannot wait for the usual lengthy period that you need to accumulate through capping. Maybe both.

Yeah, the odds are now better that something good is coming.