Short selling Take over premium dissipated - confirmed by Polo sale U price still in the $40s' DFS not out yet
These are some of the reasons or a combination that I can think of that are not so far fetched. The funny thing is that the indicated Jorc resource is upgraded by 10 times and Z3 and Z4 looks very promising with the western limb having big potential for high grade and tonnage discovery.
May have to wait a lot longer for the chart to reverse in trend. I still can't see weekly candles breaking trend as it needs to penetrate the 20 week SMA and hold. $5.50 region is the ultimate support level IMO as a consolation.
EXT Price at posting:
$6.11 Sentiment: LT Buy Disclosure: Held
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