Why? well because they have withdrawn from pretty much all their mining projects and are now sitting like a shell with a $3m Mkt Cap and about $1.5m in the bank
Ive seen lots of mining shells turn into tech plays and get huge uplifts in their price as a result BFE being the most recent but also others such as NXR AVA WSR RCM and many others
Of course they may end up trying to pick up another mining asset in which case I will just sell but worth a punt I thought in case they jump on the me too tech bandwagon
GMR Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
BDI Price at posting:
0.2¢ Sentiment: None Disclosure: Held
