Firstly, as I predicted last week, the buyer at 5.5c for 10M...

Firstly, as I predicted last week, the buyer at 5.5c for 10M vanished....who knows might have moved the bid up to circa 6c.
The support feel of the depth has changed and if it nears 6c for too long their could be further downside. Given the time lag between to drilling for the Fe, there is no question that this stock has more chance of retracing than going up in the immediate short term. Only my opinion, but given the ramping going on in the room thought an alternate view could be useful.