justbee, I agree, that is to be expected however if you compare the buy depth to the sell it's amazingly different. So it would really only take one BIG buyer to wipe out a few lines on the sell, whereas it would need a huge seller (over 25m shares) to get below .04. Of course we know this can change in a matter of minutes but for now I like it :)
A run would be nice but POG alone and DOW will not push it, we need a positive announcement which is expected in November as per the resource update on 8/10/09, where
"The increase in Mineral Resources has been achieved with limited drilling at Wiluna, which attests to the endowment and prospectivity of the gold field. Apex will now commence a re-estimation of its Ore Reserves using the new Mineral Resource model. The updated Ore Reserve estimate is expected to be completed during November."
Marc (DYOR)
AXM Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held