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If you look at the graph for JRV in the last 5 years or so, you will observe that  it moves in a narrow range for months on end and then announces some deals / possible deals and its price sky-rockets by 300 - 700% (it does come back down to earth as they haven't been able to close a deal yet, but that can change, we all know).


See the period around Dec 04, Feb 07 (churns in a narrow range for weeks) and spike thereafter immediately.


A similar paatern was created in the last few weeks where the sp moved from 1.6 - 1.8c range and now a trading halt has been announced. Lets see what happens on Tuesday when the halt is supposed to be lifted.



One more point to be taken into consideration this time is that in the last 4-5 months we have had two announcement regarding Change in Substantial Holding and we've had around 100 mill+ shares bought by Japanese investors and around 120mill by Norman Seckhold. A google search for Norman Seckhold shows that he is not a small fry.


Looks interesting for the next few days...lets see what they will be announcing on / before Tuesday...


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