re: Ann: Drilling Results with Gold Mineralis...
In addition to market factors Penrice mentioned, you need to be aware of the company specific factors. The efficient market hypothesis holds that a change in share price will only result from new and unexpected news.
Mt Kare has previously been drilled by other companies (review Nectar's posts) and therefore participants on average were expecting drill results like todays. New information on the project will be delivered within the next month:
1) The outcome of a pre-feasibility study 2) The assay results from the new prospect (see announcement from 30/7/12)
Hold tight until the end of September.
IDC Price at posting:
13.3¢ Sentiment: Buy Disclosure: Held
