Peels problem to be envied, page-15

Actually Funk tomorrow is Sunday = no trading.

But when trading resumes on Monday ! the price action will depend on many factors.
. Will that small article in The West encourage others into buying ?
. Will the buyers who pushed it aggressively on Thursday continue to do so Or will they pull back having got their fill ?
. Will J. Pitt's holding declaration encourage SBM or others to keep buying ?
. Will the algo traders push it down ?

The fact we have large players still buying is a bull point. However I wouldn't necessarily expect this to keep running hard without further good results being announced. It may be weeks away before we see another set of assay results. A gradually increasing price is often preferable to one that shoots up like a rocket. Simply because it allows the stock to form a base and consolidate its gains. Running up fast can often result in a savage pullback as profit takers move in. Or drill results fail to live up to exuberant expectations.

I wish the the drilling & result reporting were being run as did Sirius Resources ( SIR) a few years back when they discovered the Nova deposit. Mark Bennett the geo in charge there reported XRF results to the market practically every day. It was one of the best operations of its kind i have ever seen. Real time market reporting. So we are going to have to wait on assays from the lab.