what is it called... what does it mean

I am not a TA expert at all, but looking at the EPG chart, there is a long-term downwards trend line (commencing on approx 15th March 2006), and a shorter-term upwards trend line (commencing approx 20th June 2006) that are about to converge some time in the next week or two.

At the point of convergence, one trend will have to keep its momentum?

What is this formation called?

From what I have read, there is no clear indication of how long until drill results are released.

That would possibly suggest that the longer term trend line will prevail, and the SP will back down a bit into the high 40's until the announcement?

Any other ideas?

TIA

MisterMoon