Could be some resistance at 2 cents just looking at chart, but once those sellers are gone next stop would be 6.8 cents. Nothing but blue sky, but will need further positive announcement to get over the first hurdle but that seems like a formality if you look at the previous finds and estimates.
Takeover intentions would require a substantial premium. Large holders are tight, look at today's sales.....all small parcels. Nothing big got over the line yet so methinks those in the know are keeping their tinder dry.
Brokers and instos will still be in committee over this company, once they break loose to buy, lookout, LKO will be the talk of the town soon
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