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Ann: Cobar Gold - assays pending and drilling resuming, page-7

  1. 197 Posts.
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    Yeah, have been wondering if this narrow trading range is an indicator of accumulation or distribution.

    It seems fairly controlled by the market maker/s. The wait for results is a test of patience for all holders and the vacuum gives those who think they know the outcome of this round of drilling a great opportunity to increase or bale. I can appreciate that without any other information, each holder must decide if they trust current management or if the leopard has not changed his spots!

    I could guess what Cotts or Koozy believe but am interested in what other less polarised holders may think?!
 
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