SFR 0.66% $9.02 sandfire resources limited

drilling update for borroloola and yannarie, page-3

  1. 4,659 Posts.
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    The market is voting with its feet today...a stampede for the exits.

    Perhaps allowing smart money to accumulate?

    Or.....a steady flow of sellers feeding the market from off screen.

    There were quite a few large crossings in the last few days which suggests a large shareholder was exiting.

    Everytime a buyer comes on today he is hit from off screen.

    Who knows what's going on? the announcement (which was highly technical) is issued at 8pm at night. Either they want to keep this under the radar screen or results weren't as good as they had hoped.

    We really need to wait for assays before jumping to any conclusions.

    Ahh....so many questions.... :)

    Time will reveal all.

    Coop
 
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