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African Eagle: News & Discussion
Daddy Warbucks - Mon, 19 Dec 05 :
I still hold and am lucky as I have an average around 19p. If I had the money, I'm not sure I would be investing anymore at the moment, which is a change from a few weeks ago and goes against the post I wrote above.
There are too many variables at the moment. Funding will become an issue in 2006 and unless a J/V comes along they may have to go to the institutions and accept lower prices than we have today to satisfy getting the cash.
If it was me, I would wait a few days. There should be info coming out from the likes of TW on T1ps and maybe some informed journalism from minesite etc, together with interviews from the management, which may paint a different picture to today.
Looking at the sells today, I can only see the biggest sales at 50K and we may have shaken some of the day traders out, which may not be a bad thing.
As I say, Christmas may still come early tomorrow.
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