Intra-day Friday Kimber was above the 50-day moving average (1.27) but closed below. I'd have liked to have seen a close above, with a hint of challenging the 200-day MA (1.54). Still, it was quite a pop in percentage terms.

I, too, am encouraged by the price action. Beyond the technicals, we have the fundamental positives in the promise of updated resource figures in the first quarter of 2012.

On the downside, we have the continuing tumultous world economic picture (Europe, China, U.S., etc). This macro uncertainty continues to be a drag on performance.

My trading of Kimber has to do with history. Over multiple years it repeatedly has oscillated well below what I consider fair value and well above. My lowest buy this time was .99. Didn't get the trigger pulled at .96. Now the question becomes, is this the beginning of one of those multi-month, near vertical moves? I hope so for those who have held long-term and may be underwater currently.

Way back when, this stock was over $3 when it was more promise than substance. I've read the analytical stuff on juniors, breaking down their life-cycles as defined by price action, and Kimber should be reaching the stage where the market rewards its drilling success.

It strikes me as noteworthy that Kimber periodically has this buy-at-any-cost action on the open, when the stock changes hands -- on high volume -- at the high for the day, and well above the previous close. We've seen it on the way down (1.70ish, 1.40-ish) and now is it happening on the way up, beginning yesterday?

If there's another Europe freakout over the weekend and Kimber gets caught as collateral damage, would that be the last great chance to buy ahead of a surge? Questions. Questions. Questions.

Anyone have the answers?