With spec stocks in the mining industry you unfortunately have your bad news days like yesterday. We all anticipated good news with the Estelle project but unforeseen operational and weather issues have occurred.
Being my biggest spec holding it is tough to watch, but imo management have been good with communication and i read particularly what AVI the managing director has said in yesterday's announcement and hence will stick with my long term outlook. short term investors may have been looking at getting good returns by Xmas and this has jolted that.
Ultimately for short term holders not to take losses or long term holders not to drift, we do need some more regular positive news flow to start happening and soon... Gltah.
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