PXX 7.69% 1.2¢ polarx limited

Ann: Drilling intersects visible copper and gold mineralisation, page-104

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    The idiots who were all hiding off screen and killed the run when it was only in its infancy - and this was co-ordinated between a group of individuals I reckon - take the prize for stupidity. There was virtually nothing on offer on the sell side, the buyers were coming to the party, but rather than let it run into the 20's they went ahead with their sh*tty dump. The only consolation is they are hopefully now under water at 8.5 cents.

    Second prize goes to the company for the surprise capital raise which doubly killed the budding run - it was already dead anyway but they put it 6 feet under. They must have had an inkling that the first copper assay's would come back at 0.6% copper.

    Third prize goes to the MD for saying they will hopefully get around to drilling the porphyry targets before the drilling season ends. Doesn't inspire much confidence. Is there anything to stop them drilling them tomorrow(?)

    I feel sorry for the people that genuinely believe there are some great prospects here, backed it with their money, got dumped on and surprise raised on. They will be 'once bitten, twice shy'.
 
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