short term trade 3rd aug, page-15

MyDisco2,

PDN will not walk away from this major discovery IMO. Their share price actually rose yesterday. If not Paladin, then someone else will put some $$ on the table. Such great results someone will want to mine it. It's very encouraging that NGM are proceeding with the next phase of field work regardless of who wants in. Very exciting find for them.

I think yesterday saw some short term profit taking, but should see some fresh holders buy into this great story today.

.155 is short term support, so even with the sell out of stale and short term holders yesterday, support is looking good. I believe the sell out was profit taking, buy the rumour sell the news. I wasn't due to any negativity associated with such a positive announcement. Wait for the dust to settle and IMO there will be a move upward again.

cheers
Ange