With 1.2 billion shares out, it's a day trader's pearl.
Not to mention a major shareholder with interesting 'form'....
Results not till mid September.
Why would anyone buy now? You wouldn't.
But plenty of reasons why you might sell. Need for cash, opportunity cost (short term better options else where) etc.
The Company could have spent a few hours writing a decent release around future prospects, the JORC due this year. Plans for a scoping study.....a bit of spice.
Future drilling at Big Rush/Mike's Anomaly and Golden Cup....might be largely fluff but markets are impatient...and unforgiving.
A marked lack of imagination....
With 1.2 billion shares out, it's a day trader's pearl.Not to...
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