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Message: Re: 90s...

Jan 13, 2012 08:04AM

Jan 13, 2012 09:29AM

Red, there is a technical reason why PDG is trading in this range. It has been a strong level of support/resistance dating back to 2006. The fact that the excellent updated PEA blew through and came back down within a hour shows how strong that resistance is.

My expectation is that the resistance will be broken slowly and quietly and may not pick up any significant speed until closer to the feasibility study.

Hope I'm wrong


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