I agree 100% with what you say @copthat.
I also believe strings are being pulled by STG to ensure price and interest stays low. There is supporting info in the last buy ins from STG of this.
STG bought in at around the 4.7c mark in july '17
An again now in oct 18
This after reaching highs of 11-12c.
I find it interesting that STG could not participate in the 2-3 crs in between that period as their holding wouldve exceeded 20%, therefore they had to wait for more dilution to occur ( Sp hits highs of 11-12c ) and then when tdilution hit that sweet spot... down she goes again to 4.7c
Anyway, now with cash in hand we should see another year of rising SP now that STG isnt pinning us down anymore.
On a brighter note China has released this vanadium ann -
With more vanadium to be used in steel production ( 0.01% ) we should see even more of a squeeze for this mineral and much more interest in Nicanda Hill.
I smell a J.V coming very shortly... if STG allows it..
TON Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
