gizard I think your right and mid-20's looks rock solid now. I...

gizard I think your right and mid-20's looks rock solid now. I was hoping for a crash through to 20c to load up more as I'm sure were are many others off screen. Just doesn't make sense to put a bid on the screen when trying to attract them down me thinks.

25c is the float price and strong TA level. For all sorts of reasons float stock and cheap vend will come on and I think many are happy to get money back in a crash. Conversely many who see the enormous value would like to buy at a discount to the magic 25c mark for a little safety blanket in these chilly times. Certainly no-one wants to go chasing in a bear market.

Trouble is no-one knows just how much stock is available and how many holders are long term believers and only willing to take "significant" profits not just get their money back. IMHO as the savy digest these drilling results and anticipate the inevitable resource and development outcome stock will only be liberated at ever increasing prices allowing some to take comforting profits along the way.

I'm calling the bottom in!!!

goodluck