In the short term AIM will react to the short term trader sentiment, as a number of punters that play this stock daily for a quick return. They know the stock has good volume and is subject to sudden peaks and troughs pending on announcements, and they trade accordingly. Alternatively you have the major players who have now taken a position based on the the stocks longer term outcome. They invest on the bigger picture. The graph will continue to paint a volatile picture until such time as production is underway and a continuous source of revenue is established. Then the stock will take on a gradual positive climb in line with production progress, resource extension and alternative projects coming on line. When you look at the progress over the last year 12c to a high of 42c, the performance has been outstanding. Ask a bank for that kind of money. If ones time frame operates in a minimum window, the day to day emotional roller coaster will continue. If alternatively one has a longer perspective 12/18 months, the investment will be rewarded.
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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