$LPD - LEPIDICO - Might be about to breakout of a sideways move

$LPD - LEPIDICO - Might be about to breakout of a sideways move

Some good volume coming through. Not a share I'd be interested in holding long term, but could be good for a quick trade over the next few days. Some very good market depth and liquidity on the buyers side.

Platypus Minerals Ltd, formerly Ashburton Minerals Limited, is an Australia-based company. The Company is engaged in mineral exploration. The Company is focused on exploration and development of advanced gold and copper projects in Australia. Its Mt Webb Project is located wholly within Western Australia, 650 kilometers due west of Alice Springs. The 1,270 square kilometer project includes four exploration licenses. The Spring Valley Project is located near the towns of Goulburn and Canberra in New South Wales, some 20 kilometers north of the Woodlawn Zn-Pb mine. The Project consists of a single license, EL6941, 25 square kilometers in area. In October 2013, Ashburton Minerals Limited acquired Platypus Resources Pty Ltd.

Comment:

Nice little pop for a 16% gain