Tirupati Graphite Volume Action, page-13

Yeah it does feel like someone wants out

But you have to remember that this stock has gone up 200% in the past month

Looking at the 5 year chart it seems there would be many bagholders here from a few years ago too. So there might be some just wanting to take this opportunity to exit, which is fair

I also remember WC8 went down heaps right before their assays (people were thinking leaky ship) - then they released some pretty spectacular results.
So I wouldn't think that SP volatility always = bad news

The results to date have been highly encouraging, and im thinking the next results will be similar to the last.
I think the next drilling program (scheduled to start this month / imminently) will be even better, as they now have a better understanding of the system and know where to drill





They will DD deeper to where the high grade gold potentially is.

I think it might play out like this:
- next assay results
- CR (oversubscribed and potentially some resource funds entering)
- next drilling program (which should be more exciting) commencing

Then its just a waiting game as more results will keep being released in batches

I could be wrong and the order could be different, just my thoughts

I was also watching TM1 and in their case, they released some interesting results that excited the market.
They halted the next day for a raise at 6c. The shares have been issued and the SP has not gone near 6c as people are still excited about the next results.
We could see something similar play out here as the market will be excited for those deeper hits with potentially high grade gold