UXA 0.00% 0.0¢ uxa resources ltd

major copper producer to sole fund drilling on the, page-10

  1. 15,276 Posts.
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    BillyGoatGruff...

    It's all about overhead management!

    Actually...you might find the director quite happy with things?

    Such activity keeps the speculators out, resulting in more "investors" than "traders" on the register...and as a result, less overhead for any subsequent rally.

    Given the current drilling program, the alternative is for the stock to be flooded with "traders" all taking a position in anticipation...most of whom will likely dump at, or just prior to the first set of results.

    It might be frustrating to holders in the interim (me included), but it is probably for the better should good results come through...in which case, those currently holding it down can also be expected to cause it to gap up, once again keeping many of the traders out in an attempt to reduce overhead.

    Cheers!

 
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