RE: Backtest completedTo be honest we are sailing already and have been since 15c break of the long term downtrend.
As I said I suspect it has enough momentum behind the move to break the next resistance at 28c but either way and whether it be this week, next week or the week after that it matters not. The stock has a lot of catching up to do and that process has begun, but, I hasten to add that I would like to see some newsflow 'post' 28c prior to continuation. I would simply feel more comfortable, i'm in no rush. Business plans take a long time to come to fruition and with the land secured over the last few years 2007 year should be a year of continuous newsflow. In the end though it comes down to what the drill bit finds but I remain confident that the chances of a hit are high. Quite whether we will ARU.V I very very much doubt it but we can but dream and perhaps keep our fingers crossed at the same time.
It's what makes investing in companies such as GSM so much fun, expecting the unexpected.
