Transtar, whilst I respect how you are feeling about this sudden fall, I think you need to remember a couple of things! No announcements did NOT cause this fall today, this was caused more probably by people scrambling to lock in a profit. There have been some big fallers in my portfolio today, all the big risers from yesterday's unrealistic gain
When a stock runs hard up, we all support and say it should, well, we ran up ridiculously yesterday and we all know it. I have always said slower moves are much safer.
Check out ARU, AVB, PEN, MNM, all ran hard yesterday, and now the futures are red!
I would say, the buying stopped and the profit takers paniced. The buyer may have stopped on purpose so they can pick em up cheaper, now wouldnt that be smart.
Price is what you pay, value is what you get. Today and yesterdays action is just driven by buyers and sellers.................it isnt anything to stress or blame management over.
Yes, I would like announcement! They will come when they are complete. Cant put out a resource upgrade or mining licence until its done.
Drill results could be good, however temporary. Let the boys get on with their work. I know for a fact that they are under the pump at the moment!
Harlee
EXT Price at posting:
$9.31 Sentiment: LT Buy Disclosure: Held
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