Hi Forus, You stated: 'What needs to be asked is "where's the news". Not even any further drill results and we know they're drilling.'
I think that they have gone quiet not to stir any buying at all. If the news to be released was bad or average the chinese whispers would have started by now with a positive spin, and they would talk it up to every broker who would listen, pump the price and get the hell out just before announcement.
This is a nice calm before the storm and I am not concerned one bit. Frustrated a little? Yes like all of you. The sell off has not been huge either.
It all points to them trying to get this next re-rating right, and to pick up whatever they can at lower prices now.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held