It has been almost one month of drilling activities been conducted at Lancelot, NT - we should be getting a market update anytime now !
I understand that Tom Reddicliffe is still at site for another few weeks - maybe something interesting is happening (no reason why he is there so long) and with those constant sudden 1m shares purchases make me think positively + certain parties are chasing for NAD shares. With JG's international Jewish connections, I won't be surprise if overseas buyers are coming in (especially from USA)
Furthermore, somebody seems to be trying to short this share today down to 5.4c & down to 5.2c on last Friday ("tree-shaking") but only to find resistance of genuine buys ie. now standing at 5.4c with 1.48m buys (with 1m in one single buy order !) and at 5.5c with 680k buys.
This stock is holding strongly at this high levels, considering it shot up strongly from below 2c in two months+ - the market always know ahead of something is impending !
Good Luck to all holders
IMO - DYOR
AoA
NAD Price at posting:
5.6¢ Sentiment: None Disclosure: Held