strong buying still, page-144

Yesterday's decline was as a consequence of successful tree shaking.

Nervous sellers gave the accumulators what they wanted - ie lower priced stock, and a quantity of stock that might not have been otherwise available.

An overhang of a large sell quantity causes sellers to become nervous & they drop their asking price. A large sell order also adds to the anxiety of holders who are led to believe that there may be something wrong with the deal or other info unknown to them.

It's a simple strategy & works most of the time.

LCY has the goods & over the next week we'll have the plans revealed to us. The iron ore resource is real, the NMDC negotiations are real, the CEO announcement is real, the rail to Port Esperance & upgrade discussions are real, the CHINA growth story & the India growth story are both real. RIO has outlined that strong demand for iron ore will continue & prices will remain strong.

Stay the course, hang onto to your LCY.