Short Term Trading Week Starting - 19th Jan, page-90

  1. 23,919 Posts.
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    Entry for STT

    BMY

    Did a $500k placement to Tech (major player) at 2c last July

    Got sold down over Xmas quiet period

    Volume and price kicking up last few sessions

    $3.5M free carried drilling. Drilling a hugely prospective Zinc deposit early Feb, looks like smart money getting set early at 50% of what Tech paid for their look in

    Sell down was through gaps and on marginal volume, so don't expect much resistance - the lack of selling above 1c says it all
 
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