ShareCafe Posted February 10, 2004 Share Posted February 10, 2004 AIM RESOURCES LIMITED Link to comment Share on other sites More sharing options...
Golconda Posted February 20, 2004 Share Posted February 20, 2004 Broken out target 6+. Link to comment Share on other sites More sharing options...
kapricorn Posted February 20, 2004 Share Posted February 20, 2004 IN REPLY TO A POST BY Golconda, Fri 20/02/04 10:28am [READ POST] Broken out target 6+. Yes, it has broken out. However seems to be stabilising at .055, .056. Will it reach and exceed the past high of .058. I bought in at .04 and am looking at taking the profit today. Not sure if it will break through .058 in near future. Any thoughts? Link to comment Share on other sites More sharing options...
Golconda Posted February 20, 2004 Share Posted February 20, 2004 5.2 should now be support so if ok close look for it to head for 6+,big vol so ann may be due?. Link to comment Share on other sites More sharing options...
kapricorn Posted February 20, 2004 Share Posted February 20, 2004 IN REPLY TO A POST BY Golconda, Fri 20/02/04 11:55am [READ POST] 5.2 should now be support so if ok close look for it to head for 6+,big vol so ann may be due?. I agree, .052 will be a new support line and expect it to close above that tonight. There are sellers positioned at .057 and .058 (a prior high) so whatever has caused this breakout, will need to be significant enough to absorb them and push thru. Failure to do so may see it bounce off .058 and re-group. I'll therefore hold off today and wait and see what next week brings. Link to comment Share on other sites More sharing options...
Golconda Posted February 20, 2004 Share Posted February 20, 2004 Good plan doing the same has slowed down a bit with rest of market but vol is good so look for a chase close,if ok should push through 5.8 next week,some good buys gone through today. Link to comment Share on other sites More sharing options...
kapricorn Posted February 20, 2004 Share Posted February 20, 2004 IN REPLY TO A POST BY kapricorn, Fri 20/02/04 12:32pm [READ POST] I agree, .052 will be a new support line and expect it to close above that tonight. There are sellers positioned at .057 and .058 (a prior high) so whatever has caused this breakout, will need to be significant enough to absorb them and push thru. Failure to do so may see it bounce off .058 and re-group. I'll therefore hold off today and wait and see what next week brings. Just been reading through Qtly Report Ending 31/12/03 and notice they mention an option to purchase Mokopane Platreef Project with 'significant' Platinum reserves. Back then due diligence was nearing completion and deadline for payment is 18 May 04, so I am thinking that could be the nature of the announcement. http://www.asxboard.com/html/emoticons/wink.gif Link to comment Share on other sites More sharing options...
Golconda Posted February 20, 2004 Share Posted February 20, 2004 Yep saw that also good scope for an upgrade at Mokopane,someone likes it today as they did a few weeks back,bid back at 5.5,so looking like a good set up for a run next week. Link to comment Share on other sites More sharing options...
Golconda Posted February 20, 2004 Share Posted February 20, 2004 kapricorn closed above 5.2 so looking good for next week. Link to comment Share on other sites More sharing options...
kapricorn Posted February 20, 2004 Share Posted February 20, 2004 IN REPLY TO A POST BY Golconda, Fri 20/02/04 03:09pm [READ POST] kapricorn closed above 5.2 so looking good for next week. Yes a good 2 cents above support. Am holding until the reson 4 this this break-out is revealed, hopefully in the form of a positive announcement re: Mokopane. Link to comment Share on other sites More sharing options...
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