- Joined
- 19 October 2005
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It's just following the gold prices up, I think Paulsens is running low grade ore through it from old tailings at the moment.Keeping it real, I am assuming with fair confidence that the first gold in the clip above is from the early stage of commissioning the ball mill. It is purely gravity derived and was announced 23 Dec. There's nothing announced from the more complex carbon circuit yet as not enough has built up.
Today was a chart gap up on high volume. Not a very constructive looking chart at this time though, with a deeply overlapping low of the prior high and a messy broadening appearance?
Held
Tradeable to free carry
DAILY
View attachment 190892
View attachment 190893
I'm not so sure myself. One scenario I meant to comment on earlier is that of a 'double top' reversal which might see a continuation of the current short term downdraft to, say, 0.55. This would probably not be due to any fundamental factor imo but just a corrective action from overbought momentum or a response to a dip in the gold price. A positive signal might be, say, a weekly close above the daily closes in December and January @ around 0.75? Or earlier than that, just a strong break outside the daily downtrend of the last few weeks would get me optimistic again.now presents a buying opportunity
I personally feel it's got more in it with patience. It's the short term I'm more doubtful of. Every stock gets its downturns after a strong rally.something really strange going on here
Would you buy one for your favourite batrachian?Not a bad idea, although the last time a company I was in did this it eventually crashed and burned - that was Hill End Gold (HEG).
If I don't get one for myself maybe I coukd get one for someone I've exchanged words with here.
Edit: not a compelling frontal design but at least one can be sure of authenticity
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