nice hold for the weekend.., page-19

re: manipulation.who.why........ Who?

Ive no idea,but dont forget this is an internationally known zinc play as indicated by a US fund taking position as well as some large private investor UK money with Jones and Brewer,not to mention the UK boutique insto's,involved.

Its one of the few mid sized zinc mines to potentially come on line in the next year or so.Its not a mine expansion,such as the likes that zfx would give leverage to,and is owned 100% by Aim and therefore gives big upside IF it all comes together hence some mid level risk money has jumped on board.

It all relies now on the next step up in investor taking an interest in Aim and this will only come with the exploitation license,offtake/s,finance package in place and the machines starting to dig holes at Perkoa and plant footings being poured etc,etc.

However the longer we go without news of significance in bedding down Perkoa project developments the higher the possibility that longer term holders will start to seriously rethink thier investment.It cant stay at 36c forever and must make a break either way in the not too distant future.I'm betting(hoping) to the high side given the strength of support at the current level.

Its a company with a relatively high number of shares on issue and there is genuine O/S interest.It wont only be daytraders making money out of this.Any broker worth their salt would have been crazy not to try and make cash on Aim as it went up and some,Paradigm come to mind,would be doing just that(with an obvious ulterior motive in mind),hence the up/down nature of trade but a generally strong upward trend.

We still have a couple of gaps in the chart so it would'nt surprise if it had to do a little more accumulation at this level before rising again,as evidenced by yesterdays tilt at the 38/40c resistance which was knocked back again in combination with those taking profit no doubt.

So imho its a combination of both traders and continuing longer term accumulation with some big money involved with the larger no compromise contracts going through occasionally.There will be those cycling in and out of Aim with higher profit percentages and wider sell targets due to these large numbers on issue.At least we havnt had any significant holders cycling out and taking profit,as far as we know.

d.