Given the recent buying, then the sudden push to depress the price (a 400,000 sell order 2 cents above current), I went back to the audio interview and presentation to assess whether to get out of this one or not.
And one thing that made me decide to stick with it, is their good cash position, the relatively easy access of the Australian platinum deposits for near term cashflow ... but most of all, the mention of increased newsflow from the company regarding the now rapid developments at Skaaergard and the Australian tenements over the next few months.
The lack of news has been one of the things that has caused the lapse in price for this company, and with this changing, I can see big increases in price in the near term, to bring it up to it's true value, which I conservatively estimate to be around $1 a share.
So I'm staying in.
Add to My Watchlist
What is My Watchlist?
