BRB 0.00% 47.5¢ breaker resources nl

Ann: Gold Discovery, Bombora North-BRB.AX, page-22

  1. 78 Posts.
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    Yes for sure love the BRB results but to go into a 3 day trading halt to release what are pretty standard results overhypes the market. Every gets ready waiting for it to reopen rather than digesting the results slowly and then buying or selling a bit here and then as the results sink in. BRB were good but everyone was waiting and bought at the same time. Just release things when they are ready and say oh by the way there was a bit of visible gold here and those will be ready in the next week or two... there is a constant flow of information. No stock should be halted for results where there is no visible gold/mineralisation IMO - it is dangerous in many ways. The drillers selling stock is also a disaster probably brought about by mgt owning too much stock and knowing they are most likely a takeover target rather than ever going to be funded enough to drill this properly themselves...
 
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