It always seems there is a ramp in price just after plenty of cheap shares have been issued , i would even say some of those who have picked up large chunks of these shares are on here making claims probably in the disguise of getting free carried.
Just look at the amount of shares issued in the past months and the prices. And the rock chip sample announcement comes out "Further High-Grade Gold Results - Mt Ringwood Project 07/01/16 09:41" , it all seems planned to pump the price imo.
27,601,386 at 0.5c 2 March 2016
12,000,000 at 0.5c 23 February 2016
14,550,000 at 1c 29 December 2015
14,000,000 at 0.7c 22 December 2015
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- Ann: Mt Ringwood Gold Project Update
Ann: Mt Ringwood Gold Project Update, page-63
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