PAN ANDEAN RESOURCES - EL DORADO.......HUGE FIND

Hello again all.

During the festive period I took a little time looking at the trade history of PRE during Decemeber
Roughly I have calculated that MM had picked up 700,000 more shares in PRE then they had sold during December.
I don't know how much they already held before that but I would think if buys continue for the rest of today as they have this morning then we should see the market makers running very short of stock and accordly raising the price in significant amounts to attract sellers.
We will probably see Petrolex selling their remaining holding in the following days but I would think the buying will continue upto interims on expectation of the announcement of dates for futher drilling.

A good start to the new year lets hope it continues.

Mogs