"you don't sell the resource stock before it even drills. you derisk leading up to assays being released and ride the run / speculation leading to results"..von
do you know that 95% of mining companies dont turn a profit on asx? Many are victims of their own hype, greed and dud drill results
its common ploy by traders to push up prices before a dud drill result. You know what then happens Supply overwhelms demand and price plummets on bad drill.
i dont think your choice of examples befits ALT.
Ann: App 4D and Half Year financial report , page-7
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