GCR golden cross resources ltd

coal sham price spike to 2.7c on 52m volume

  1. 248 Posts.
    Guys what has happened to the "Underground Coal Gasification Targets"?

    Background;

    On 15 April GCR was sleeping and its share price was 1.7 cents on small volumes.

    Then BINGO a Press release on 16 April regarding coal saw huge volumes (52+million traded) and the shares take off to 2.7cents. Subsequent days also had good volumes.

    The March Report issued after this announcement reconfirmed what the 16 April announcement stated.

    Then nothing. It is on their current Project Map and there was no mention whatsoever in the last quarterly.

    Something is very wrong. Was this a sham to allow people to profit from the just completed $8m capital raising at 1.8c.

    This stinks

 
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