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I appreciate the reply, I bought in at .005 a few weeks back and...

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skimbrad

82 Posts.

6

02/12/17

22:21

Post #: 29321426
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Originally posted by jj2 ↑

First up work on their projects.. lithium and graphite in canada - including zinc drilling in WA - generated a lot of information that required further technical and desktop work. (natural progression of targets and projects)

Extra tenements have been applied for.. etc.. etc..

In this period of no new exploration news.. some traders had decided to take short-term profits.. believing there was time to buy back their position before the next round of exciting developments.

The substantial increase in volume in recent times is a clear signal that larger professional investors are again positioning themselves for the next eventual upswing in the shareprice.

It's just unfortunate that many shareholders who bought at higher levels are selling way too early into this increased activity instead of holding back and making the professionals pay a higher price for their stock.

The majority of turnover in recent times has been at mid-point.. ie .0055 or .0065 - something that retail clients are not able to deliberately do.

Just my thoughts.. but I'm buying more

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I appreciate the reply, I bought in at .005 a few weeks back and am thinking of topping up again soon. in for the long haul either way.

MLS Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $14.14M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$9.601K	480.0K

Buyers (Bids)

No.	Vol.	Price($)
1	48328	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	717061	4

View Market Depth

No.	Vol.	Price($)
1	48328	0.020
5	600019	0.019
11	2892438	0.018
6	2512754	0.017
1	2500000	0.016

Price($)	Vol.	No.
0.021	717061	4
0.022	431081	3
0.023	66125	2
0.025	782947	8
0.027	121521	2

Last trade - 15.45pm 09/07/2024 (20 minute delay)

MLS (ASX) Chart