JR,, I think its a combination as I mentioned before.. There's...

JR,, I think its a combination as I mentioned before.. There's been a few rallies over the past couple of years. I've watched and analysed them. Each time, it gave two significant shareholders the opportunity to sell into.. (and you can see that from their ASX declarations at the time). Which exhausts the market.. I believe both of those have now left the room (Stark and Chinova??) ..
On the other hand, you've had one significant holder that obviously believes that prior to todays news, the SP was way undervalued (they have been accumulating at very opportunistic prices). So with todays news , and that of the possibilities of a host of similar opportunities in the vast Tennant Creek tenements they have,, one could imagine we have turned the corner.. What you can't do is rely on one or two ASX reports to make a killing.. But I think we've now seen a significant turning point both from a technical analysis, and fundamental perspective.. I'll be buying on the dips, as I have.. (they're normal).. I'm with the fundies..