psp - prosperity resources...

  1. 9,866 Posts.
    Well i was waiting for the big afternoon dump, but it didn't come. there was some nice accumulation going on at around the 22 cent level. Tomorrow will be telling in my opinion. I'm hoping the sellers dry up and a fresh lot fo buyers return.

    Normally i'd say wait a few more days. But this one is different it has cash in the bank (due to recent listing) it also has few shares on issue, which means a low market cap. I think theres only around 30 million shares on issue. With a fair bit more drilling going on. Maybe another day or two of consolidation at these levels before another move up.

    Even at 30 cents this one is still capped below 10 million lol. This can only mean one thing, the chances of it going up are quite good.

    Any comments from the mining experts?
 
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