The lack of another notice from the directors is confusing ......

The lack of another notice from the directors is confusing ... indicates to me the selling has dried up.

Another thing, I was watching the action pretty carefully the last few days & picked the change in sentiment immediately - You & I picked it 9 seconds apart SP3 ... Hence the post I made:

"Subject: last opportunities
Stock Code: GUJ - GUJARAT NRE RESOURCES NL
Posted: 21/06/07 11:27:31 AM
Posted By: Tibbs
Post #: 1889517

If you are not in on GUJ yet these are the last few opportunities to get set while it is still cheap.
All the DD has been done, GUJ will have TWO producing coal mines within the next 12 months, along with a number of other company making ventures

WATCH THE OPTIONS ... they for the first time EVER have moved ahead of the heads ... this is always a sign to me that it is about to sligshot up.

no ramp .. your call

cheers"

From that moment on the "dynamics of th trading changed; Gone were all the 50k parcels that were the hallmark of the parent selling. The strength we saw in the oppies, to me, was an an indaction of holders selling the fpo's & leveraging into the options & they became hard to buy late Friday! This is always an indication of sustained positive sentiment in a stock. It toally convinces me that we will move striaght on to the recent highs & pass them quite easily.

Possibly the parent might sell the last of their "seeding" stock into this rally, but IMO it will make no difference now.

The die is cast!
The word is out!
The 'RAT is running!

LOL .... 50 cents, here we come!

cheers