lol...low volume sell off..., page-6

mr damage...

"I will have a full business plan and exploration strategy out to the market next week that should answer every question you would have."

Suggests the issue of future capital requirements might be discosed?

Such things are not announced on the fly, so one is inclined to feel they may well have arrived at an appropriate path already?

Perhaps this is being reflected in the buying interest today?

It is conceivable some sections of the market was expecting a placement (to themselves)...as such, they generated a spike to create a selling oportunity and then sold the stock down to facilitate a lower issue price?

Today's activity might be suggesting either...

1. The placement is a done deal...effectively finished...as such the recipients are piling back into the stock.

2. There will not be a placement and the company has decided on a different path to the required capital (perhaps a bonus option for early excercise of existing options?)...as such, once again, the reason for holding the price down no-longer exists.

Cheers!