RE: RE: News ReleaseHi buylow, I really don't want to be the devil's advocate because there are too many people on this board that I hope do well with this play. My thoughts as stated were that the information in this release was already suspected and now confirmed.
A partnership imo, is what it will take to bring in the buyers and then I would expect some continued upward pressure in the shareprice.
My personal comfort level will be to wait and see if this happens and pay the premium to get in and trade accordingly at that time.
If you have shares in this play now, of course you wouldn't sell on this news and it is positive, but not being in this play does not make me want to buy in at this point either, only because it doesn't say anything new...again imo.
There has been a lot of tax loss selling and some time yet to continue and why I suspect this could go right back to .12
Again, not worth the flip or risk for a cent and a half for someone in this play. So you just hold on and wait and see.
Chart says .11 is bottom so anyone wishing a position in this play is buying close to the bottom, so not really anything to worry about either for someone taking a position either.
I hope this answers your question.
Mediascan