Basically because I asked him to have a look at the setup as it...

Basically because I asked him to have a look at the setup as it came to my attention after the 15/4 ann "High-Grade Gold Mulgabbie Paleochannel & Exploration Update"

The fundamentals were all pointing one way although the SP had dropped back to the 10c line and then fell below which I wasn't expecting, but then again I never do because I am looking at different metrics.

Sentiment and fundament don't always align & more often than not those who can read the sentiment i.e. "the Charts" will get it right a lot of the time & especially when the SP comes off a rise.

Last two ann, nothing wrong with them and the SP has drifted back off both, we can't deny it & so best we try and understand it.

Currently I'm underwater on what I thought was a good entry point & I still think it was in relation to MC, but here we are below that point. Not worried but I'd always prefer to be in clear air.

In full disclosure Slick advised it hadn't tripped his buy flags just yet & that was prior to last ann. I was already in but appreciated his view point and can now see how that has played out.

So that is why he has commented & I should apologise to @slick for the stick he's copping.

30/04/25


01/05/25


02/05/25 0920

02/05/25






03/05/25




06/05/25


08/05/25

09/05/25


12/05/25

21/05/25 Price 8.2c

30/05/25

Highest Vol day was 7/05 and the SP closed down.. In fact the last 3 ann 15/04 7/05 & 30/05 have all seen the SP close lower at the end of trade. Each ann added extra ounces to the underlying fundamental story & still no dice.. At least the SP finished the day at .079 after being hammered to .073..

Bollies been tightening since the 15/04 roughly so it's headin the way Slick says, either we break up or down? And vol needs to lift back to Feb levels for the upside to happen. Trading has been no where near those levels at any point other than 7/05th in the last 3 months

Hopefully AP has a repeat ann something like that released in Feb, cause anything mediocre or "steady as she goes" will be met with more of the same one might assume. ? gltah H8tey



Vol feb 2025