More analysisHello, I have been investing in KWG and SPQ for quite some time and have seen ups and down from 5 cents to 16 and back to 10 cents. In two days I traded KWG quite a lot, and was wondering if someone has Level 2 for this. I can see that finally it closed at 11 cents today and want to see the resistance level at that.
I do believe, ignoring bashers and pumpers, that these companies have a strong potential, for both day traders and someone who's looking for 5 years hold. Mainly because they have the properties which have proven to be a jackpot. I do not know much about mining in particular, I am an accounting and finance professional. However looking at all different deposits that this group has proven to be quite interesting.
Keep the information posts coming...they not only help with getting a view but help in understanding mining too. I was also wondering if someone can see who's picking up all these KWG shares. I see that with NOT post (even days before that) KWG volume has surpassed NOT and SPQ. It makes me think that there might be investment houses that are taking higher positions in that. However there's no way for me to see that.
At the end of the day I do want big institutions to take large positions in this, shows the confidence. I do own KWG that I bought at 9 c, 10c and 14 cents. Mainly because of the DDI shares, and potential there....any help is much appreciated