GDN - Golden State Resources

[constable]

In no mans land at the minute! Anticipation is killing me...........

 

[tech/a]

tech/a a question,



how do you tell the difference between accumlation and gamblers? Are you using some fancy trading software that tells you the identity of traders or is it just your experience in reading the buy/sell stack?

thanks

j

No I just get this guy out there to find out!

 

[constable]

Woah stop your scaring people

 

[toc_bat]

hahahahaa

is that you?

 

[SevenFX]

ANYWAY commedy aside, no news is normally good news, but wern't they due to hit their targets last night this morning...with results either way...????

Chris...any thoughts

 

[tech/a]

tech/a a question,



how do you tell the difference between accumlation and gamblers? Are you using some fancy trading software that tells you the identity of traders or is it just your experience in reading the buy/sell stack?

thanks

j

No not me he is good looking.

However in answer sensibly to your question these 2 10 min charts I thnk explain it.
GDN in my veiw will drop like a stone if the so called "news" isnt seen as spectacular---and by the look of it the anticipation is only mediocre at BEST.

 

[tarnor]

looks like accumulation to me? automated parcels being purchased in a trickle? .. everyone waiting for news no doubt

will definately drop if leadville dissapoints

 

[toc_bat]

thanks tech, yes the chart says it all, let me guess the green volume bar is a buy and the red volume bar is a sell?

so who is he? nice hat tho.

 

[tech/a]

looks like accumulation to me? automated parcels being purchased in a trickle? .. everyone waiting for news no doubt

will definately drop if leadville dissapoints

Tanor.
What I see is no real volume volume I see is sell volume its RED.
On contrast see AIM chart below and what happened today!

so who is he?

Cant tell you he is on assignment!!
The hats mine though!
Its NOT me.

 

[tarnor]

yep sure.. with you on that definately more selling pressure today with day traders dumping into opening spike (me included)

was just speculating that thier was a sneaky accumulator.. usually get into trouble over analysing those things (to easy to manipulate the market depth). Bit risky to hold now for day traders.. next move will be a gap on news me thinks..

 

[tarnor]

mmmm one last trade lol

 

[chris1983]

lol. your funny tarnor. They are holding pretty strong IMO. dt's havnt been able to do much with this one today. Leadville is gunna be charged Then bang! Up she'll go. Otherwise..down she'll go. Even if Leadville isn't charged though you wont lose if you hold. I still think Leadville will be charged..they have hit gas all the way down...it'll continue. Directors seem very confident from their last message..i'll wait it out.

 

[SevenFX]

I just spoken to a source, but couldn't tell much, only that more prob announcement in the morning, but still some 1000 odd of target.

Not whole lot helpful, but just thought to post.

 

[chris1983]

They were at 14550 feet on Monday..with Leadville at 14650.

They would definately be into Leadville at this point in time unless it was deeper than expected again. They are drilling approx 190 feet per day. So announcement should be out on wednesday I reckon unless they strike something major and want to release an announcement tomorrow. So I think your source stating 1000 off the target may be wrong?

 

[SevenFX]

So announcement should be out on wednesday I reckon unless they strike something major and want to release an announcement tomorrow.

So I think your source stating 1000 off the target may be wrong?

Agreed tommorow is Wednesday which is when I hear prob annoucement, and suggested still 4-5 days....but hey I/they could be wrong...time will tell.

 

[chris1983]

I lost track of what day it was haha

 

[SevenFX]

I lost track of what day it was haha

Agreed you did, but was waiting 4 you to read my reply.

Sitting in front of these screens will do that to anyone, even makes me forget LUNCH. Who need weight loss councellers...

EDIT: Hope you guys are watchin AIM. UP 38%

 

[tarnor]

woah top call on aim tech..

 

[tech/a]

The Duck is happy may turn into a Pig I'm so happy!!

 

[SevenFX]

GDN News 15th Nov
http://www.asx.com.au/asxpdf/20061115/pdf/3zl3p59plkjvv.pdf

Looks like a heavy selloff today...