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I really like this company as well, but the management has recently changed, and so I don't know the new guys. So it is a punt indeed. But the projects are great in my opinion. They did pay a lot for them, but there is obviously the gold upside in Chile (electricity will be an issue needing...

professionals stagger their buys, it might be that they have $80k and have bought the first lot. or your right, someone could be capitulating, or someone who got stopped out

Nah i'm in for $1k worth im already maxxed out on my allocation to this company. id never buy 200,000 in one go. Was that a Cross Trade? That amount would have been sold via a broker, one client to another client - it doesn't have to go through the market (which is unfair because people jump the...

This stock having so many big international investors hurt it badly, the fall in the Aussie really accelerated the losses. Same story with Purseus. Institutions were buying SLR and PRU and then abandoned it when things got tough. SLR still has $200m worth of assets and is undervalued to book...

I bought for a short term hold today, should have done it earlier. I think it could run into Jan/Feb/March - May/April if gold isn't looking strong, I think a massive sell will be in order

im in to buy today, but should have done it yesterday!!! So far I got EVN, BDR and NST - short term view I don't think volume is there for me to get CAS @0.19 but we'll see, the spread of buy/sell is 15% so could see a run if commodities recover a little into Jan. Also if more good drill results...

It could be developing a rounding bottom but you would have to see momentum and volume pick up in the next week of trading days for it to break through the resistance, if that happens (volume and momentum) you could see a light pull back forming a cup and saucer formation which if confirmed...

Operational momentum is hard to build when the underlying commodity is declining.

This stock wont 'bottom' until gold and iron do, I usto think undervalued is always a buy - but then realised the trend of the material is the penultimate decider. This is why good materials companies become undervalued, because they are basically a leverage play on the underlying commodity. 15%...

hehe, it would be nice but I don't think so. Less than 1% of companies become a BHPesk company and they usually don't do it but by going through various changes from the original company/ies. I want to see a far more consistency of the drill results. This company is far more likely to be bought...

Fair enough

I don't understand why you keep saying hammer candlestick and monthly chart is the same sentence. Or 'close enough to a' bullish engulfing pattern, you need a gap down and a run higher so the entire candlestick engulfs the previous candlestick (hence engulfing). Also the head and shoulders...

http://www.youtube.com/watch?v=m9I_fMTKCng just in case anyone is wondering about hammer candlesticks

Don't change the fact im right ;) Have a nice day hating me all over again - hehe

Yeah, I think so check its peers, trailing PE is 20

Lol!! Time to take up drinkin'.... if I could afford it ;)

That monthly hammer candlestick had no volume behind it, you needed at least double average volume to assume it is a hammer candlestick and not just a bounce. Especially on such a long time frame as a month. The PE ratio is way too high in a falling market to justify the price. This stock was in...

Yeah my dad keeps telling me to buy Woolies - truth is its not the same company it was 5 years ago. I would buy if it stopped going down so much :)

If you saw the H&S pattern when it broke the neckline measure the highest point down to the line and then add (or subtract) it from the break point. That is a minimum target - which in this case comes out to $2.30. so 2.30 has been reached - there's no reason why it cant continue to fall, and...

Just technically there was a head and shoulders topping pattern and that took it down to 2.30 - but support would be around $2 or $1.80 Analytically it looks like a decent investment, but the trend was against you - its been trending down for a year now Just read your first post - you caught...