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5,814 Posts.
3688
21/01/13
16:30
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orionwoo, how high do you want it to go in one day.
One buyer today stood in the market for 4.7 million at 6.5c.
Thats over 300,000 dollars.
A few days ago we saw a 400,000 plus purchase in one grab.
This is serious money.
Perhaps these people believe the stock is undervalued.
I certainly do.
Todays performance was fantastic, given that the results are out and there would be plenty who have made a good profit.
The market took all that selling in it's stride and then pushed higher.
Anyone can see there is some serious buying happening.
What we don't know for sure is exactly why and who is doing this buying.
IS IT BECAUSE OF:
Drill results ??
Jorc upgrade ??
Japanese involvement wanting a bigger slice ??
All questions that we can ponder....
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