For the short term, the trend is drifting sideways to down, which has been favourable for trading I would say. There have been as many as 2/3 quite discernible moves most days where some volume has been committed to shifting the direction down and up intraday. For what intent, I don’t know but if they wanted to break the larger channel you’re highlighting, they could but haven’t.
I’m certainly looking forward to a change of dynamic with next assays! It’s not that we should expect massive grades eg the company has emphasised no skarn presence but they are telling us to be ready to be excited about proof of porhyry mineralisation. Ie they are expecting to present the sort of evidence that will entice the engagement of the potential heavy hitting investors they want. Bring it on!
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