Hi All,
Sorry, i've been too busy to post recently.
I feel that the expected results (that have been well heralded and anxiously awaited for some time now) of the visible gold in DDH5, poses more of a problem than upside for us currently.
1. Expectations have been built into that ann. Results may have to be around 10g/t at that depth or, give us something else on the way down, to meet market expectations. Remember we're talking 'at depth' here.
2. Should the results not meet or surprise to the upside, i think we will suffer some short term pain.
3. Assay results have been delayed (for all), and so, the current aggressive RC drilling assays might not be seen until well after Easter and beyond ... plenty of time for those wanting to build a position. You just have to look at the small sells into the next level down, and the build on the buy side, to see what is actually happening.
4. This gives accumulators the opportunity to play stupid games and to 'shake the tree'
5. Fully loaded but anxious ... not willing to buy any more until the next set of results are released.
All jimo,
All the best,
Perdy
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Hi All,Sorry, i've been too busy to post recently.I feel that...
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7.9¢ |
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Open | High | Low | Value | Volume |
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1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
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Price($) | Vol. | No. |
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0.079 | 100000 | 1 |
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0.084 | 20386 | 2 |
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