Slowly Creeping up North, page-3

Up in any form is better than down from my holding perspective!

Looks like it's finally breached the down trend from September last year. Likely resistance from the 200day moving average which is currently sitting at about 1.4 cents so in the interim we're probably looking for confirmation that it's clearly bottomed by testing and holding above 1 cent/the downtrend. 1.5 would be better but that's the price of the last capital offering so also likely resistance point as well in conjunction with the 200ma. We need some solid news to push through there, at this stage the company's working on this Jacana acquisition/merger so after that's sorted (early July) they can start to get cracking on some of their exploration targets.

Hopefully the seller who's been holding it down the last couple of months is finished, there seemed to be plenty available when needed. If so then we could have a few good months from about August.