As mentioned in previous post http://hotcopper.com.au/posts/17614544/single it was sitting in over bought territory and as @Vulture pointed out gap has closed at 1.1. Support is sitting at 1 cent , so lets see what happens next.
It will all rely on the drilling from SGQ. If there results continue to be good, there will be a small rally here. If results are average or results are held back, this has the potential to fall back to 0.005. This has only run because of the drilling by SGQ, which is very close by.
LCY has not announced they are interested in doing any exploration work to prove it up.
The above is my opinion only and not legal or financial advice
As mentioned in previous post...
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