6. If $1.26 fails to hold , there is no support in the chart at...

6. If $1.26 fails to hold , there is no support in the chart at the 50% fibonacci retracement level.
7. There is however support at the 38.2% level of 78c and again at the 23.6% fib level of 48c."

The above is a quote from my post of 2 months ago when queried on my SP valuation at the time.

So now we are here : $0.78 . Technically there is some support at this level , however if this fails to hold we are more than likely headed for $0.48 or 23.6% of it's high less than 6 months ago...........Until the drill bit produces the goods , I can't see any change...........unfortunately.

My opinion only , DYOR.