melua Posted July 17, 2012 Share Posted July 17, 2012 snc invest wrote: "Doesn`t even look like we had a great ann out today!!!" Well that's true. You didn't. If you think that announcement was a good one, you are in the wrong sector IMO. Link to comment Share on other sites More sharing options...
melua Posted July 17, 2012 Share Posted July 17, 2012 See the dummy prop bids at 19c just get pulled in AXE? Link to comment Share on other sites More sharing options...
arty Posted July 17, 2012 Share Posted July 17, 2012 keep rubbishing AXE, melua; maybe you can ramp it down to close the gap. I'd love to pick up some more at 18.5c before it breaks resistance above 22c Link to comment Share on other sites More sharing options...
melua Posted July 17, 2012 Share Posted July 17, 2012 I don't need to rubbish it. The market is passing its judgement. I mean, really, that announcement today was just absolute ........IMO. Link to comment Share on other sites More sharing options...
mistagear Posted July 17, 2012 Share Posted July 17, 2012 Arty, I dont really understand what you see as attractive on this chart. Am inclined to agree with Melula. This stock cold easily reach 10c by time it washes out all the new supply of trapped traders. I see you marked MACD divergence on your chart, imho any chart will show divergence following a 50% decline in little over two weeks. MACD is purely indicating a slow down in the rate of price decline, does not indicate a likely trend change though. The massive blow-off in May rejected further price rises and signalled a retrace to the lower reaches of monthly trading range was on the cards. Since then every attempt by demand has been belted with more selling. I dont see any reason to warrant risking capital here. Wish you luck with this one Link to comment Share on other sites More sharing options...
melua Posted July 27, 2012 Share Posted July 27, 2012 Transit: "Spoke to management the other day and they definitely reconfirmed my confidence in the company." You think management are ever going to be negative? LOL Link to comment Share on other sites More sharing options...
arty Posted August 2, 2012 Share Posted August 2, 2012 more high-grade intercepts reported: http://www.asx.com.au/asx/statistics/displ...;idsId=01320203 ... could cause another little upswing similar to the one in mid-July. Link to comment Share on other sites More sharing options...
melua Posted August 3, 2012 Share Posted August 3, 2012 With all due respect, those results are simply very average. I wouldn't expect much interest on that announcement. Be lucky to get to 20c IMO. Link to comment Share on other sites More sharing options...
melua Posted August 3, 2012 Share Posted August 3, 2012 As I suspected, sellers in control. Not even up 0.005c. Average announcement = little enthusiasm. Link to comment Share on other sites More sharing options...
melua Posted August 3, 2012 Share Posted August 3, 2012 Mineralisation not from surface and deposit still narrow, so compared to SYR?? = CRAP...... in my opinion. Link to comment Share on other sites More sharing options...
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