to me - the moment they issued the exploration update, noting mid June timeframe for results, the market took that as sell and wait. gold and equities looking to sell off more broadly, here. opportunity cost of holding too high - sell, buy on news or ahead of news. typical market behaviour, if you ask me... I've seen it many times over my 20 years observing and trading the markets.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8
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