time for a new 52wk high, page-2

We're going to need some new sellers to appear to satisfy the demand. This stock is too illiquid. I hope it doesn't gap up on every open from now til $2 as that is technically unhealthy. Fundamentally however, the assets underpin a shareprice of at least $1 and in that light I hope u are right Adam

What we will see is a rush of buying trying to get what they can under 40-50c. Then a minor consolidation and breakout from the 50c level and then a build up towards the next psychological ceiling, $1. This could all happen without any news i.e. on momentum alone due to increasing investor awareness

Ofcourse, if we hit something at just one of the targets being drilled in Narracoota you can forget a steady climb, as this will gap up to $2-3 immediately. Who remembers what happened to SFR? And remember CDU? 50c to an intraday high of $10 in one day. With good results anything can happen!