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2-6p jump on a whisker of hope is nothing new here or getting excited about...
Though I understand LW's enthusiasm....
Placing hangover will turn into warrants hangover....and as they're still fluffing out there to find a partner in July means....the next placement and overhang/ vicious cycle shall hammer LTH for much longer...
Point is despite of all tweets and twats no one is taking these clowns seriously and SP drops, so 5% speaks in volume...err...umm...no nonsense please
Agree they're proactive on tweets may mean they're confident to sign off deal or buying more time to align a few ducks in the interim...
I've said earlier...next couple of months may see some interesting moves, that's if there are no further delays....
I've been adding with or without news for long doesn't mean I'm buying on optimism or something else..
Simply buying to strengthen my next strategy here despite of these BoD.
All for ANZA. No dramas.
Yes Chicken - Pigs do fly!
One has a choice to practice ever lasting hope.
Personally, I believe things may hot up a bit in coming months but not sure about wasting more time, money, resources at big events opens door here....not with these BoD anyway.
The key point is they're still working on Anza transactions and no partners are yet lined up.
And we are -5% reflect the mood that no one is taking these them seriously...!
Predator,
If I've spare money I would top up as I said earlier....certain bits seems to be tidying it up nicely in the back ground, apart from placement hangover....SP has good potential to make some fireworks at this times it seems.
It's upto you what you decide.
Gl.
SP is holding well in the absence of any updates...considering we have had very silly placement at hugely discounted price and aftermath consequences of 17 mil shares through placement overhang.
Thanks BoD. More tweets please!
Rob- Gold bull run may help to lift the sector sentiment.
GGP and Buritica are of different leagues.
I don't think much about gold price movements as long as B and L are incharge as they've tendency to kill any joy for the shareholders.
Current placement overhang will turn into warrants overhang ...and the loop shall continue in vicious circle.
Let's hope they build some story and credibility for their own good in coming months.
For now I'm focused on only a month at a time. SP has certainly gained some momentum in volume to continue the consolidation,and a bit of uptrend in recent weeks.
Let's hope some frenzy fireworks comes our way this and the next month.
Fingers crossed.
Wolfy- Agree the volume isn't exactly sparkling at the moment, however 4.40p (warrants) range has now became a new resistance level....so traders shall flock in and placement over hang shall continue, and that in itself would push the SP above 5p imo.
I currently don't have more spare funds otherwise I would be adding big time.
Rob- I'm not a ramper or deramper....I just post what I think at a given time. Yes, I've been bullish or bearish for sure.
Brad had been an elephant ramper in the past, and Zak the miserable recruit failed at it for 5 years too.
Please don't mention it again.
Thank you.