Hi Jam,
as you say the volumes may be down somewhat, but don't expect anymore 200 mill days, as this is no longer 5 or 6 cents, where the players could play with wild abandon, it now costs serious money to take similar positions, and in todays market, that is not to be taken lightly, and indeed positions are being taken, mind you, it's still very large t/over, I didn't think the major resistance had a chance of being hit, as they were quite determined to add millions to each of 16.5 and 17c, all were taken in only a few trades, the mind numbing selling close to eod was quite bizarre, I'm sure the big amounts taken at these prices wouldn't be the ones offloaded today, rather T+3 panic merchants.
Interesting to note that URA are even more bullish on the Rohuhu tenements, and are saying that they are going to intensely investigate them, same formation to PDN's Mali deposit
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WMT
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Hi Jam,as you say the volumes may be down somewhat, but don't...
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