AXT 0.00% 1.4¢ argo exploration limited

what to expect tomorrow, page-3

  1. 40 Posts.
    To me it depends on whether we get news...

    Obviously if we get positive news then we will gap upwards.. I am not expecting news yet, I went through my old emails to management and while they mentioned they would update us on material developments they gave a time frame of 2 -4 weeks.. This Wednesday will be 4 weeks since we started drilling..

    I have been previously involved (as shareholder) with a similar AIM listed company which has Xstrata as the JV partner taking the operational lead.. News releases once written up by the junior would then go back to Xstrata for signoff before release to market. I don't know if that is the case but if so, they expect a few days to be added due to that turnaround..

    If we don't get news tomorrow then I expect we will stay relatively flat give or take a tick or so... Last week was an exceptional example of how current shareholders are holding on to their positions tightly regardless of the wider market sentiment. From watching the market depth I have seen that there are a number of buyers out there who are keen to buy on weakness... Many seem to still be building their positions.. So regardless of what happens this week, I am looking forward to it.. :)

 
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