massive close..., page-7

Hi 155, to be honest Followme and Publunchman are the gurus on this one mate. I actually followed them over after reading their posts, doing some research and watching the trading from which I decided there was a lot more going on than meets the eye. This was posted by Followme earlier and might explain all the action:


http://imagesignal.comsec.com.au/asxdata/20080618/pdf/00852012.pdf

"""Chitradurga Iron Ore, India
The Company has engaged a consultant to prepare an independent expert AusIMM Valmin
Code assessment and valuation report covering its iron ore project interest and entitlements
in Karnataka, India. The scope of work is to complete the report based on a visit to the site
and the examination of materials and information made available, and on iron ore industry
information otherwise available.
The visit will be conducted over the coming week, and the report finalised in early July."""


Have a read of Publunchman's posts also as he posted a quick valuation earlier.