SGQ 3.33% 2.9¢ st george mining limited

Ann: Further Nickel-Copper Sulphide Targets, page-4

  1. 721 Posts.
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    A rather muted response from the market to more positive developments. Although, we do need some detail on the quantum, size, response, shape and depth of these "numerous" new targets.

    On another note, looks like capping going on at 16c. Why would you show your hand and place a limit order for 550k shares behind a load of other shares unless you wanted to place downward pressure on the share price. Anyone with half a brain who wanted to genuinely sell that 550,000 parcel would drip it out "off screen" or place smaller limit orders then reload, particularly in light of today's announcement.
 
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3.0¢ 3.0¢ 2.9¢ $38.36K 1.287M

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3.2¢ 173605 1
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