The earlier announcement of I think, Portfolio Partners, becoming a substantial holder was rebutted by that organisation and this is the latest indication that the claim here on HC by a poster that the insto's were buying in was correct.
The concern about Commonwealth or their CFS Global Resources massaging the price down to enhance their holdings at lower prices has got to be also considered seriously. Given that the "goods" are in the ground any such retreat should trigger a buy signal to the longer term holders.
The stock is fairly tightly held and not strong on liquidity in the market place hence the opportunity is somewhat axiomatic.
However with the more speculative era somewhat behind us this may prove to be not a good trading stock unless the prospect of mineralization enhancement occurs as the unearthing commences with the advent of the retrieval of product commences in September
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