Book closing refers to investment funds carrying out tax-loss selling, locking in profits etc. before end of financial year.
This is all very low volume action of late, it's a toss of the coin everyday to which direction the sp will go in. We get several % change in price on a few thousand shares bought all sold,...all meaningless drivel.
Mean while back at HQ, plant undergoing commissioning, JORC'd reserve upgrades for several resources are being calculated, HNC working their butts off with their air couriered ton of dirt (they may even come back and say "yeah we can handle that easily...have the situation sussed, just bulid some bloody big processors/ concentrators over their and send it to us"), satellite ore bodies being de-delineated to supplement oxide plant feed (last one they looked at was a 400% upgrade) and then they may get time to do some HNC (mostly) funded drilling on the majority of their hot strike zone that they have only scratched so far for the current $hite load of resources.
2day sp = 2moro div.
choice
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
