one to watch this week, page-2

I echo your thoughts here JHird. From this morning's post:

SVL: With the funding for the next round of drilling now finalised at 8.5 cents the next important news will be the assay results from hole RC076. These are due back from the lab as early as this week so I expect interest to pick up. I note a golden cross occurred on the chart last week which could be a prelude to significant share price appreciation. Given the volume of trading on the last significant results announcement (21st April, 2010) I believe the register here is somewhat loose and therefore the stock may have some work to do before larger sustainable price rises occur. News Due: Lab assay results from hole RC076 at the Webbs Silver Project in NSW. Price Target: My initial target assuming good exploration results is 14.0 cents. Resistance is now at 9.0 and 10.0 cents, support is at 8.0 and then 7.0 cents. Disclosure: Holding SVL