Morning all...Have not even scratched the surface with the posts...

Morning all...

Have not even scratched the surface with the posts this morning...far too many to read...and as I have slept in, it might have to wait until after market.

I did however notice a few kind words for myself...I thank all who have done so.

Any detailed assessment from me might have to wait for the coffee to kick in and the hangover to subside...really not up to it right now.

lol!

Suffice to say, yesterdays announcement was a measured one...just enough to halt the slide and create some re-entry interest prior to the next significant announcement.

Actually, I think it may have even got ahead of itself...lol...but I'll take it!

As for no mention of "visible mineralisation in subsequent holes"...this is the last thing McCrae would have wanted to do...we saw what happend yesterday with an "average announcment", imagine what would have happened with a good one?

Anyway, I think the extent and severity of the rise was due to 2 factors...

1. Manipulated suppression, long holding the price below where it wanted to be...this sort of created a sling-shot effect once the breaks were released.

2. Limited free float. We have effectivley gone full-circle on this thing now, but this time around, we have a few big players on the register instead of many smaller mums and dads. The available free float however has reduced considerably.

The main statistic that can be gleaned from yesterday is exactly what impact the "manipulators" have had on the stock in recent sessions...as soon as they were out of the market (which they were once the stock shot thru $3.10), the shares were free to trade "naturally"

Anyway...today is another day. I expect they will be back at it again today, onlythis time they will need to be careful...as such, they will likely wait for the market to settle and for a period of weakness to ensue before commencing their game once again.

Might need to be careful today...and perhaps not afraid to lock in some profits on technical grounds?

Of course, we have the $4.05-$5.25 range standing out like the proverbials...and of course, a very interesting gap from $5.25 all the way back up to $7.11 to think about down the track.

lol...a short post turned into a long one again...typical!

Cheers!