I can assure you there are a lot of compassionate people on here. Maybe your post just got overlooked.
You asked why the SP is going up. 1) De grey Found Hemi 2) Kairos is near Hemi 3) Kairos is starting drilling this month (July) and results are expected in August 4) Apart from this, they will also keep drilling and a steady flow of news is expected for the next 6 to 8 months 5) One of the areas they're drilling is called the Fuego Deposit , apparently it is a highly prospective area with a lot of gold. 6) Then they have the Kangan project which is the closest to Hemi, but they have some government compliance issues before they start drilling at Kangan, They will drill as soon as they sort out the issues.
What is the cause of the SP shooting up in the last two weeks or so?:
1)There is more clarity now on the Capital raising and the 1 for 8 rights issue . 2) They were mucking around with this for almost a month. Now finally they've got stuff sorted out.
Why is the stock going up like a rocket in the last few days?
1)Short answer is , I can't tell you exactly. Could be a combination of all the above reasons + maybe a pump and dump? 2) But I believe the dumping has happened already and I think a support base will be established at 5 cents 3) So, On and Upwards we move again.
