Fair enough comment, ainsleym.
How do you prevent drilling contractor/employees from disbursing information should visual verification be confirmed to the negative/positive. This happens more often than not and is usually reflected in share price activity. Once the horse has bolted in either direction its very difficult to contain and ensure an orderly market.
Some may find it comforting a presentation was released during a drilling campaign. It seems rather odd as they tend to be used pre cap raise.
IMO, it would seem they are doing their utmost to reduce the lag between releasing current results and the commencement of the next round of drilling without the share price dropping below the cap raise price.
Just to clarify, I bought CXO for the Roxby Tenements.
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11.5¢ |
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-0.005(4.17%) |
Mkt cap ! $256.4M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.3¢ | $896.7K | 7.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
72 | 4654973 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 473314 | 22 |
View Market Depth
No. | Vol. | Price($) |
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69 | 4543233 | 0.110 |
41 | 5293700 | 0.105 |
87 | 5364058 | 0.100 |
10 | 552688 | 0.099 |
9 | 1047733 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 296442 | 17 |
0.120 | 2398085 | 20 |
0.125 | 2113996 | 33 |
0.130 | 1382903 | 35 |
0.135 | 1530717 | 21 |
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