OZM ozaurum resources limited

Technical analysis, page-478

  1. 4,637 Posts.
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    Morning all.
    @Paul88
    As you know I trusted your intuition because I agree that when you have been around the market for a long time,
    and you know the stock intimately, one quite often has a great sense of the predictable SP behaviour.

    Let's look at how that bottom you called is going and I need to add that I too had the same intuition of the low being in at that time.
    Here is what has happened since that call.

    I expect that green candle to continue because we have further catalyst as you also pointed out.
    We are getting close to further ann's and results from both AC and DD.

    https://hotcopper.com.au/data/attachments/7013/7013326-8d57779a12e87ba8ceff0ce49712d923.jpg



    Here is the Gold price that was also looking like a bottom and the white line marks the expected bottom that I had put up earlier on this thread.
    We had that sudden dip but closed above that White horizontal line.

    https://hotcopper.com.au/data/attachments/7013/7013329-5325822d957c7e15383528bd11c685d0.jpg

    Let's hope that continues also.
    I would however like to say that I am not getting excited by any large DD drill results as has been talked about here.
    I do think we will have mineralisation but not the numbers that have been mentioned on this thread.

    Don't let me spoil the party because I think the party is just getting started anyway.
    The real Q for me is, With the amount of shares AP holds, How long do I think it will be till this is paying dividends?
    The next Q is, When will we see a very decent discovery or rather an extension to what is already a discovery?
    Both sound juicy and why I am holding tight here.
    I also added while the SP was depressed.

    Kind regards, Wack
 
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