Crazy to even think of shorting this in this strong uptrend - I reckon today's downtrend is short lived and due to QH's rant to the Perth paper
""Describing the sky-rocketing share prices of numerous ASX juniors as “nuts”, Dr Quinton Hennigh told The Sunday Times the Australian-listed miners were making the most of “highly speculative” talk without actually doing anything.
“So many of them don’t know what they’re talking about, frankly,” he said from the Pilbara where he had just led a tour of “smart people” — analysts, bankers, investors and geologists — around the company’s tenement south of Karratha.""
Most commentators think this is just another of his rants because he is not getting his own way or he still wants to do a JV with them or buy them out.
Its buy time here or KAI or IPT, if you have the cash free.
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