RE: Good point Guy
That's where I am. I know several guys here now. Been a lonnnng time on this thing. The thing right now, is that even if you dug really hard, there's not much new info that hasn't been hashed out and displayed for all to see. i was looking around for some new JML stuff yesterday and wasn't very successful. On PCQ it's about the same. Heil, Forest or Talisman needs to make some sort of new report and that would push the play better than some of the junior's NRs atm.
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Anyway, to try to add some value, let's look at some SP fundamentals. The stock started to accumulate at 0.25 to 0.30 cents. It went up to 1.25 and then a new accumulation point started between about 0.88 and 1.10. It ran to 1.82 but was overbought at that point just as much as the rest of them (JNX - $8.22 wow). Except for some high volume on Monday this week, the numbers have been low. The next run could see it heading well past $1 to get back into the area where the second accumulation took place.
There's resistance at about 1.10 and 1.40. MACD is turning upward, so the trend should be a higher SP in the short-term.
If we get a perfect storm with drill plans, a couple of NRs from the majors and a market turn upward, we could see a great increase in the SP here.
That's all I got. GL longs. Gonna be a great ride.