SDL - Sundance Resources

[constable]

Well its through mugs territory and facing the usual resistance at 11c, if SDL goes through 12c with volume its one to watch............

And yep I bailed at 9.6c yesterday, trade the plan...... but I could be the mug this time around .

Hahaha you missed out big time fella......
Just quietly I know of another guy who sold out @ 9.4...

 

[Freeballinginawetsuit]

Hahaha you missed out big time fella......
Just quietly I know of another guy who sold out @ 9.4...

LOL,

I guess after so many times I was bound to get stung sooner or later......!

Hope you got in early constable, a nice earner

 

[Halba]

Rumour is that GINDALBIE (GBG) another iron ore company is taking a serious look at SDL, and hence is the reason for SDL's increase. GBG will want to expand in africa iron ore. So whoever sold......

Disclosure: I don't hold this.

 

[Freeballinginawetsuit]

rumour is that GINDALBIE (GBG) another iron ore company is taking a serious look at SDL, and hence is the reason for SDL's increase. GBG will want to expand in africa iron ore. So whoever sold......

Disclosure: i don't hold this.

SDL has this type of price action regularily.....and as yet its nothing out of the norm.

Seriously doubt GBG could takeover anything, SDL is a long time off with CAM iron and GBG has enough problems of its own with its chinese suitors....all speculation really!.

 

[mmmmining]

SDL has this type of price action regularily.....and as yet its nothing out of the norm.

Seriously doubt GBG could takeover anything, SDL is a long time off with CAM iron and GBG has enough problems of its own with its chinese suitors....all speculation really!.

It looks like that I will never get my another half at last week's price. A great run!
Great run for all iron ore stocks in last couple of days.

 

[mildew79]

Wouldn't be surprised if these guys issued themselves some more options in spite of the recent run ha ha. they always seem to find a way ...

Great rally though!

 

[Halba]

mmmmining: Great run for all iron ore stocks in last couple of days.

Not really..check my SRK's chart its done crap

 

[mmmmining]

Not really..check my SRK's chart its done crap

If you hold it, I am sorry then.

 

[Halba]

LOL yep i hold quite a bit......my worst performer in a long time, paper losses ahhhhh

 

[mildew79]

what the hell is going on??? although these guys sit on great deposits, they arnt worth anything until they get government backing on infrastructure. recent run is very bullish and now very out of the norm with massive volumes. anyone??

 

[Halba]

Woww this continues to impress. Like I said its going up due to possible industry consolidation in the iron ore sector. Again I don't hold but watch with amazement.

 

[Freeballinginawetsuit]

Well its through mugs territory and facing the usual resistance at 11c, if SDL goes through 12c with volume its one to watch............

.

Hi Mildew,

First time SDL has pushed through 12c with vol ( from a test of support only a few weeks back),this run reminds me of its run in June from support at 5c.

Could go anywere ATM, certainly getting pumped by traders!.

 

[Fab]

Hi Mildew,

First time SDL has pushed through 12c with vol ( from a test of support only a few weeks back),this run reminds me of its run in June from support at 5c.

Could go anywere ATM, certainly getting pumped by traders!.

Yep and got some really good wrap in Eureka report and below link:

http://www.theaustralian.news.com.au/story/0,20867,21390545-23634,00.html

The prospect of being a possible next FMG is quite of interest to have a punt on it. Which I just did today.

 

[Fab]

Getting to 15cents now. Any idea what's going on?

 

[ctlaltdelesc]

Getting to 15cents now. Any idea what's going on?

As I know Sundance in April this year, will start drilling Mbalam Iron Ore Project under Wallis Drilling. This project estimated mineralisation excess of 800 million tonnes Iron Ore.
Apart from this, I dont know. Thanks.

 

[Mousie]

Getting to 15cents now. Any idea what's going on?

"pump and (not much) dump"

 

[Fab]

"pump and (not much) dump"

Yes but why this sudden jump? Is it only because an article in the Australian saying it is dirt cheap which it is if they compare it to FMG which is now worth $19.
I am just wondering when and how much they are forecast to produce?
Management team seems to be top notch from what I read but I don't know much more about this company.

 

[ctlaltdelesc]

Yes but why this sudden jump? Is it only because an article in the Australian saying it is dirt cheap which it is if they compare it to FMG which is now worth $19.
I am just wondering when and how much they are forecast to produce?
Management team seems to be top notch from what I read but I don't know much more about this company.

You did ask a question and you also one of them who answer your own question. Good one Fab

 

[Mousie]

Yes but why this sudden jump? Is it only because an article in the Australian saying it is dirt cheap which it is if they compare it to FMG which is now worth $19.
I am just wondering when and how much they are forecast to produce?
Management team seems to be top notch from what I read but I don't know much more about this company.

No spoonfeeding here Fab, DYOR!!! FWIW I don't know why you're head-banging in your previous post since you said in a still previous post you took "a punt" on this, unless you wanna top up, so DYOR before you do.

 

[constable]

lot of money flowing into this up 12.5% and 12mill in vol so far.