If the short sellers are selling out their position this is probably a wise move on their behalf.......
IMO we will be in a holding pattern around 10-12 cent range until we see an announcement or news about company activities..or news about the IO industry as a whole to push interest along.....previous chart posted suggested that the SP could head for a breakout up to 17cents...
I was topping up at around 11.5cents the other day and will continue to when funds become available...lol
At the moment Sundance is the 4th Largest IO mine in the world and one of the few un developed mines not involving a major company...who are the 3 above us and what resource do they have...I really think that it wont be too long before we jump up another place of 3....
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