Your views on this stock have held absolutely no water whatsover.
Althought the shares have indeed headed lower, your view in no way resembled the reasons for its recent low volume demise.
The selling into strenght although clearly price restrictive occured at levels way above this point.
A lack of information surrounding funding, the market sentiment of the last 5 weeks and the platinum price are the reasons NKP has found no support. The selling has been very thin overall, which would indicate anything but a mad charge for the door.
So your views have in no way been vindicated, because they had no basis in the first place. Had the company released its funding details and the market been more positive to platinum stocks over the last month, then NKP would have gone in the opposite direction.
Look at PLA (producer of significance) - $1.25 down to $0.82 - project value many multiples of the current share price. So NKP is merely tracking the undervalued sector at the moment which is in no way the stance you had a month ago regarding this sector.
So I would suggest you do a littl research and come back when you can actually substantiate an argument with facts not feelings or fiction.
Good Luck
IMO only
NKP Price at posting:
22.0¢ Sentiment: None Disclosure: Held
