Well I have ORP in 3 accounts now so guess another 600K shares...

Well I have ORP in 3 accounts now so guess another 600K shares (if done at 2.5) will be welcomed. Will take whatever they offer and ask for more if at those levels.
Mon is June 1 so if anyone wants to be in gotta be on the books asap and it usually takes T+3 plus a coupla more to get new buys on the register ........thats why the bit about "long term holders" ...... newbies have to act fast if they want to be included.

POG closed 800 and plenty of techno reasons to suggest we might see 1300 over next 12 months and probably much sooner. This time POG is moving as an alternative currency like all others in the "basket" contra USDX. THAT wont be the real driver ...... that comes later when GOLD decouples from all paper ...... prob into y 2011 which has been my personal time target since y2k. Good thing about it now is that even the Russkies are promoting a basket with 10% physical in it and the Chinese are accumulating and even the USFED has effectively taken an option over IMF gold reserves cos they aint THAT stupid. So all systems "go" for USDPOG.

In AUD terms however we are basing at the 1200 level from which we previously broke out from on our way to 1500 firts techno target so wave 1 breakout, wave two retest of the breakout resistance ......... wave 3 should see us higher , my guess 1800 - 2200 ahead, and THAT would do wonders to any ozzie listed producer's valuation.

Wont take long before our treasurer's 4.5 % forecast Oz GDP growth is put in the rubbish bin where it belongs and that will see AUDPOG resume its upward path into blue skies. Not too far ahead I suspect. Dont forget OUR bottomline driver is earnings in AUD !!!

But thats another issue , first we gotta be rerated according to peers on our emergence and other radiant issues and thats a major catch-up first. When the issue dust settles, we should resume our modest trajectory into the first techno target zone 4 - 8 to create the right shoulder launch pad for later celebrations of broader market awareness.

I HATE to harbour on this point, but how difficult is it now to nail a 50% freecarry with a U-major for our Malawi ground ? Board should realise the PR / awareness factor in doing so. Why cant they see the huge bvenefits in this hot market. WHE just announced a 1 for 4 issue at 10c and stock has doubled overnite off a 14c base. Focus on a two-pronged attack on the two hottest market sectors evolving and we will be talking double figues overnite for ORP's SP giving us a higher right shoulder with an upward slant. Whats the problem brothers, dont u WANT this ???????

Now that POG has broken thru 967+ major resistance (need a copupla days above it to confirm) am changing my sentiment back to "buy". They actually should have a "strong buy" category as well.

IMBOOC