I doubt this a victim of market manipulation but a victim of broader market fundamentals.
Junior explorers and mining sector in general has been hard hit by the recent market turmoil. Find a stock in this sector that hasn't declined by 50% or more and is languishing at lows, HOWVER, there is a light at the end of the tunnel.
The US markets are begining to show the first signs of recovery. DOW transports are looking up( a leading market indicator),commercial traders(the smart money) are begining to go heavily long the DOW/Naz and insiders are also buying at their highest levels since 2002 the last major market bottom.
Recovery is underway and late 2008 into 2009 will the biggest market gains in years.
Lookout tho from late 2009 onwards.
when will this turn, page-12
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $529.2M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.3¢ | $404.6K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 138232 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 466007 | 9 |
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| JMS (ASX) Chart |