Hi Folks
This is more good news. I have been watching the SP action closely in recent weeks. Whilst the volumes have not been huge, it is interesting that the .55 - .60 cents range has been tightly traded. Every time the SP looked like going beyond .60, there were low-ball bids quickly injected into the market. Clear evidence of slow accumulation by someone who wants to scoop up as much impatient seller money as possible before the HRR mine opens for business in the next couple of weeks. Well, time is running out for SP games, because when the ore gets flowing, I fully expect to see the market react positively to the meandering SP that we have experienced in recent months. First jump should be the .80-.83 cent range from Feb 18, and then it all depends on the volume and confirmed quality of Zinc and Copper that flows. Exciting times ahead...
GLTAH