RE:RE:... share price been consolidating for weeks on low volume.... in the absence of news, a breakout on volume through 29 cents means we should be able to take a run at 33 cents. If we nreak through 33, then the lid is off and momentum could take over and push the shares higher anticipating good results.
If however we get confirmation of a discovery in hole 11, then technicals don’t matter. The shares will gap higher on the news.
If hole 11 is a duster, we may trade a bit lower but my bias is the market is already pricing in more of the same and not expecting any special Au results.
Don’t listen to me though. I am a novice investor.
ShellsRFun69