Not many sellers left at 0.07, could go up fast from here. It all looks good and the most re-assuring thing is that the fundamentals justify a rising share price!

And that's key for me when investing in pennystocks. There'll always be a lot of short sellers and these stocks will always be vulnerable to general sentiment, but some technical analysis of weekly charts can easily tell you when to reduce your holdings in the mining sector and when to increase them. I find financialsense's junior mining index a good indicator as well.

But studying sector sentiment is a must, else you'll be sitting on an inflatable chair for a year, watching the air disappear...