re: Ann: Further high-grade results extend ke... hi...

re: Ann: Further high-grade results extend ke... hi guys,

unfortunately the rise in the POG is also offset by the continuing rise of the $Au against the greenback, we might have to be patient but if the results keep coming is as they have been then it should only be a matter of time before the sp starts to move in the right direction.

there is still the Coyote Deeps wildcard, if that drilling comes up trumps then we will be in for some good times.

I'm no wiz when it comes to the technicals but the following indicator means there might be a little downside in the days to come (in the absence of more positive news) although volumes have been small so hopefully not too much damage if it proves to be correct. Some more positive news should make the technicals redudant though.

I'll post another chart when I see what might be a reversal.

Good luck.