The bottom of this retrace must be in, or very very...

The bottom of this retrace must be in, or very very close...

Volumes continue falling as the price softens, suggesting a continuing reluctance to sell...in my opinion, we are now in the buying zone.

Importantly, it appears to be respecting the 1.7 support/resistance line...which just so happens to be the level of both the daily and weekly EMA's.

This is a very strong sign.

Might see the recent accumulators try to force it lower tomorrow, but I doubt there will be much volume there for them...LOL...they might be patient, but every day brings us closer to some fairly significant events.

I am referring of course to the D-7 reinstatement and the dramatic increase in activities on the gold front.

Important numbers are: 1.6...2.0...2.4...2.7...3.0...3.6...5.7...7.0... with 2c a significant trigger event in my opinion.

LOL...but perhaps the most significant sign we are near the bottom of the current retrace is the sudden appearance of a down-ramping group.

No apparent intertest in ORP prior to their recent posts, not even during the recent spike, yet just as the shares are entering the "buying zone" out they come with a barage of negative posts...obviously in an attempt to create conflict and to clutter the ORP threads with utter diatribe.

I suggest people take note of these people...champhayne, Nobby_clark and risktaka.

In a month or so, when ORP is substantially higher than it is now, remember to ask these three people what was the motive behind their posts...LOL...that is if they are still posting by then?

Anyway, no need to ramp it up or down...it is obvious that there is serious interest for this stock at current prices...and some rather large positions being accumulated.

See it for what it is or don't...it's your decision.

Cheers!