some desparate to leave, page-5

Obviously someone HAD TO SELL on the back of the previous shocker of a trading day (margin call). Not enough volume to be of any concern. If it was bad news "on the ground" we would have seen larger volume.

However, I am now very cautious after we see a rapid sell down (as we have seen in the last couple of weeks) after being promoted up to around 30 cents - but that was on very very thin volume also.

There is still no underlying strength in this stock (it can't fight market sentiment) and it will only happen after a couple of solid quarters of production at reasonable costs. Hopefully, when indicators of market confidence start turn coupled with good production figures we will see a significant revaluation of this stock. A key indicator will be when we start to see some excitement in the M & A area - this will signal the turnaround is near.