TSXV:NBU.H - Post by User
Comment by
linus4on Jan 04, 2012 5:23pm
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Post# 19370416
RE: RE: RE: Slowly ,Slowly..NO BREAKOUT HERE
RE: RE: RE: Slowly ,Slowly..NO BREAKOUT HERE Look back & you'll see a huge wall @ .10 cents to .15 (where it traded for a yr)..That's a ton of "get-even-get-out volume to chew through..Therefore we need drill results like 25' of core length averaging 2 oz./tonne to eat up that volume ..ergo ,no breakout..High s/b just a snick over a dime & retreat again to await results..Also,traders who bot during tax loss lows can flip it in this area to add more resistance..imho.