"common ploy by traders to push up prices before a dud drill result"
"... no one knows results before the drill hits the ground. It is speculation and investors pricing in positive results that drives the price..Von "not necessarily true as there can be other reasons " ct
those in "the know" can drive the price any which way they want with penny stocks on a preliminary geo/director;s report. They can push it up/down on low or high vol
Its called churning and u invest in them at your peril and knowledge u could loose the lot...CT
if the results fall short, the stock naturally retreats. if the results are positive, the stock rerates. yes true ct
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- Ann: App 4D and Half Year financial report
Ann: App 4D and Half Year financial report , page-9
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