MC has been pumped to $17 million in just over a daywould be...

MC has been pumped to $17 million in just over a day

would be cautious at these levels as:

A) no idea what the deal is going to be , don't know what resource and what region

B) have no idea how much funding is required

C) cap raising will be required no doubt and we don't know at what levels

D) Pump in the market cap is based on speculation at the moment with no fundamentals supporting it

Could very well plumet back down if market doesn't like the deal or if there are any delays

As i said, will be a very interesting 10 days

My 750,000 bid yesterday was purely because it would be pumped on speculation after pre-open

May have considered holding 1/2 into the announcement had I picked them up

If it comes back under 3c then it may be a worthwhile punt