NZC 0.00% 36.5¢ nzuri copper limited

$6m m/c $3.2m cash 46.1m @ 5.40g/t au , page-78

  1. 14,914 Posts.
    William wrote:

    "All i can say is i am not surprised this has sunk this afternoon and it has a lot further to fall IMO especially after the consolidation.."


    Oh you're a funny fellow William. Always so glass half empty..

    I dunno what the consolidation has to do with the share price except there will probably be a few stale share holders getting out. Happens all the time for all kinds of reasons.

    But this is where our friend "volume" comes into it. Record volume two days ago and yesterday matched it. Today we see it's down on relatively very low volume. This is a shake out for the small fry before continuing up IMO.

    46.1m @ 5.4 g/t and you reckon this has "lots further to fall"

    You show a complete lack of understanding of mining stocks.

    Give us a break.
 
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