PIR papillon resources limited

next move

  1. 4,322 Posts.
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    I think that we will see the next leg up soon, assuming that international markets behave.

    Not alot of volume so far today indicates to me that less sellers are prepared to offload shares around the 27 - 28c mark. This should increase pressure on the buy side and hopefully push us up and over the 30c mark even in the absence of results. If gold holds or pushes higher this will compound the buy pressure as more investors become aware of the potential of the project.

    The same can be seen with the PIROA's at the moment.

    Just some thoughts on where we are at currently.

    Cheers

    Retrac
 
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