So the mystery is solved. Specialist resources hedge fund manager Taurus Resources have been buying in.
A little bit of research led me to find that Taurus' usual goal is to obtain a blocking stake.
Taurus invested in Ampella Mining (AMX) in January, the sp has halved since then lol. A director of Taurus was also named as a non-exec director of Ampella. I've read the last 2 years of Ampella goings on. They have over 3m oz with a market cap half of ours and have been hammered since Jan.
I don't know what to make of it. Who was selling to Taurus?
PVM Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held