This stock as languished in comparison to others with similar and even less in the ground. Uncertainty regarding funding and continual dumping at around 26-27cents has held it back
Today the uncertainty regarding funding has been put to rest. Macquarie have backed it at 23 cents. For the first time in a while the buyers, although cautious are getting decent parcels.
For all you technical traders watch for the blue sky beyond 27 cents
It will meet resistance at 26cents - it always does - so I for one will not be suprised to see it languish for a little while yet.
DNL
unknown
other hc members put this on your watch screen
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