Its all very confusing... I am in from 30c around July or august last year. people say.."overseas investors wont buy unless a JORC" is released. "it will sell off when it gets released"......Its only for a small portion", it will sell off because people will only talk that drilled out portion into account
Well I dont profess to be a Uranium expert but having a very close look at the 2006 annual report there is a ton of disclosure here. heathgate are not mugs. They have big mates and close contacts and if any fool wishes to sell it after JORC expecting the whole area to be 500m deep in uranium they are mad.
There has been plenty of time to digest results. The overseas buyesr probably have not even stepped in yet.
Time will tell
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