71c Its not a good trading Patten. Certainly it has failed to...

71c
Its not a good trading Patten. Certainly it has failed to break 4c despite volume .
I agree its logical to potentially see a price below 3c but it has not suffered serious chart damage yet .

Im surprised given your previous very strong technical support on this stock and infamous battle with Goldpirate that you are calling for a 21% retracement so early. Is this the head or the hip pocket.
Gold did not get a boost from the Ukraine crises but has suffered a brief jolt over its resolution. I believe you are fully aware this is the Indian gold buying season and the gold price should pick up. That makes this undervalued stock an excellent buy despite the very real issues you are highlighting. Its certainly strange that they announce late july "that's all the drill results" and then in August come up with a nugget of 200mm at plus 90g/t and claim its a miraculous discovery of a new ore body etc....no doubt about it ,very very odd indeed. AND the share buying in the lead up to the announcement .....

But it is such a sexy ore body and technically it should have run ,and was .Why was it you only said positive things until you sold and since you have sold you are supporting the theory the price will fall ?