unfortunately momentum halted, page-5

TB,

While I often agree and respect your NWE posts - I think with this one I'm going to have to disagree.

My rationale is this:

The share issue was relatively small, personally I don't know why the bothered given the cash raised was very minimal yet the damage to the share price momentum was large.

Whats keeping the market interested at the share price higher is the fact we are only 4 weeks away from the start from drilling - this is where the real $ is and the market knows it.

I don't think many would sell at this time - sure I can see people lining up to sell in 3 weeks time before the drill to ensure a profit and avoid the risk of a duster.

So ultimately in a nut shell - we're too close to actually doing something that's why the SP will hold.