Jason,
I'm wondering what the people who bought all these shares, that are now being sold, were thinking in the first place. Lower $Aus, lower oil, higher Ni price than a year ago, good hits that keep getting more positive for shallow good graded deposit, yet people sell.
There must have been some really stupid beliefs out there. Unless of course the people selling have other problems and are just selling everything, seems the only logical conclusion on what's happening.
I know that directors read these threads, so they would be squiriming as I suggest yet again, that as soon as all information is in the public arena, some good purchases by directors is what's needed. That is something that gives funds confidence. I'm also not just talking $5-10k either.
Recently in IGO, directors were spending in the $100k+ category on shares. I know that miner is different to explorer, but good director buying will raise confidence greatly.
CZI Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
