SVY 0.00% 2.3¢ stavely minerals limited

Ann: Second Thick Zone of Bornite at Thursday's Gossan, page-114

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  1. WCJ
    230 Posts.
    lightbulb Created with Sketch. 59
    I wasn't keen to keep discussing it at all, there were simply a few people on here that didn't like what I initially posted and tried to it dispute it with ill-informed opinions. I agree though this has got way off topic and yes results will be in soon enough to answer a few lingering questions.

    A drop in SP on low volume is nothing unusual while awaiting assay results. From a TA perspective on the hourly chart looks like the swing low is in with a nice little bounce off the 200 EMA and should see the SP gain some ground here, but the daily indicates a potential drop back to around 25-26c if support here at 29c doesn't hold and decent assay results aren't received in the next few days. Either way trend is still intact with higher lows and higher highs, the only thing that will derail that is poor assay results and an earlier than expected CR. 

    https://hotcopper.com.au/data/attachments/1458/1458221-0db4a1fdcb5cbe3787d33ed711cf6203.jpg     https://hotcopper.com.au/data/attachments/1458/1458222-aea4caaab5ab5476f3d13d699913faab.jpg



 
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