ATN 0.00% 0.2¢ ashburton minerals limited

up 24 percent on no news, page-3

  1. 1,140 Posts.


    TTH,

    Few possibilities

    1) Leaky Ship!! Obi Gold Project, 2nd hole is complete, and their geo is saying that it looks good.

    2) Results due soon - traders getting ready for that-- but I wouldn't believe this, it was too big of a move

    3) Way Oversold, once it broke 4cents, volume increased, buy depth increased, people are in the money, hence no stop losses triggered... and it kept going up

    4) Their Copper project has found some joint venture partner?

    Out of the above 4, my gut feel says its point no 1, time will tell

    Either way, I'm not complaining with the rise.

    Cheers
    Mayo
 
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