Caledon Resources 2006

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BossmanUK - Fri, 29 Dec 06 :

CC,

Agreed it is a complicated strategy.

I believe Pretax interpreted it as the MM's filling a buy order at these levels whilst slowly walking the price up to capture whatever stock they could at the going rate.

It seems to fit, I also agree that this may be the case. I would Love to see them raise the bid to 35p to close the spread and also encourage more volume both buys and sells but I don't think the MM's will let it just yet.

There seems to be more news about to be released as in the IC article. ie: within the next month.

Let's hope it's good


Regards,


BossmanUK


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