Ann: Excellent drilling results from Mt Morgans P, page-9

re: Ann: Excellent drilling results from Mt M... Hey Angel

I haven't followed RNG at all to be honest but read yesterday's announcement...then read up on them and then watched the trading all day.

Before they even opened....the jostling of sell orders, fake props etc told a pretty hoonest look at holders and their mentality....yep for sure they got something cheap by the millions and we're indiscrimantly dumping all the way from 3.3c down to 2.1 and just grabbing any buy orders they could to dump into.

So not away of the full story but definately in my yesterday's announcement was well timed by those in the know taking advantage of unsuspecting traders / investors buying in from the company's announcement....it was pretty nasty stuff.

Just seeing yesterday's situaiton...I wouldn't even look at them again...shows me straight out that there are big holders of shares willing to dump on good news into any hype.

Seen it so many times over my 10 years in trading...most recently say LKO, HAW for example....PRW...a perfect example of the director himself selling around 14c his 1c shares after a great announcement now the share is back at 4c as his 30,000 potential many mine project from one drill sample came back with less metal init than my sandpit in the back yard.

There is some seriously dodgy stuff that happens daily and hopefully with the shift of power from the ASX to ASIC announced the other day...this type of thing will be severly punished.

Disgusting really.