RRM, Friday’s chart indicates: Dragonfly
The dragonfly occurs when the open and close are near the top of the candlestick and signals reversal after a down-trend: control has shifted from sellers to buyers.
Top 3 Universal Resources Shareholders:
* Tulla Resources with a 11.28% stake.
* Xstrata with a 8.72% stake.
* Copperco (Ownership now Cape Lambert Iron) with a 7.23% stake.
Seems evident over the past 3 weeks (huge Volumes) that a major game has developed between the 3 Major Holders of URL.
XStrata's Copper Proposed Slurry Pipeline from XStrata's Mt Isa Mines Smelter to Its Townsville's Refinery Is Located in close proximity to Universal's Roseby Resource Tenements.
Cheers nj
RRM, Friday’s chart indicates: DragonflyThe dragonfly occurs...
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