Next Drilling Report, page-78

Hey Scratchy ,, sorry for the late reply ,, I've been to indo chasing real waves...

ERM is still fine by me.. and I'll try to get to their presentation coming up soon in Perth at a conference,,, and see what's happening..

as for MUS,, a little off thread (but seeing there's no PMing to discuss this type of stuff, on HC) ,,, I'll keep it short.

Not particularly my type of trade,, as I like to see a slow bottoming out.. say over 12 months then a breakout..
Having said that a spike from 2.5ish to 6ish with good volume is pretty exciting with a further break higher on Friday is pretty good ..
you might see a rise to about 10c where invariably things slow down a bit due to
1. the .5 buy/sell hysteresis at 10c/10.5
2. that rise (to 10c) would equate to about the spike you've just had .. ie about 4c..
If it was me , I'd be putting a tight stop loss below about 5.3c, though .. It looks pretty volatile

Then after that you might have another ERM scenario !!! yay !!
Good luck