60m barrels & 50billlion cubic feet potential, page-14

hi junior101,

in reply to your post concerning timbosivic's

No way you can have a tracking growth
line on a junior exploration stock..until
the results of any drill campaign are known!!!!!

If you were a fundamental analyst, you would be waiting
till well after the results of drill campaign, infact production to make an assessment of the value of the share.

He obviously goes by graphs and is a technical analyst.

This can show trends from prices and volume well before
any drilling.

Right now he is correct, traders are less influential
and long term holders are holding and possibly acquiring.
The upward trend will continue for some time. Some are selling for why ever they need the money, more are buying at whatever is the market price, there are more wanting to buy than sell, supply and demand will give the price and his graphs show this