tottenham, page-11

well, I think we may have it then.

from the announcement:
--
'Mincor?s decision, which is based on detailed geotechnical analyses conducted over the past 10 days and the
advice of two independent expert consultants, follows a series of seismic events at the bottom of the mine which
damaged ground support in the drives that provide access to the lower production levels.'

---

This event must have occurred at least 10 days ago so it is likely that people were trading ahead of any official announcement of the trouble at Otter Juan. The overall poor market conditions would make it hard to say for sure, but yes, I'd say this has been contributing to the weak share price over the last two weeks.

There will be a release on new exploration results shortly, perhaps that will offset things a bit.

Unless they are spectacular, I'd expect continued SP weakness.