But doesn't that presuppose that the shorters have much better contemporary data than is available to us the mug punters.
How are they able to discern which companies have a high market cap , by which I assume you mean a market cap that is not justified by known fundamentals.
Despite the gold rush Julimar is still pretty much the only horse in the race vis a vis this type of intrusion in the West Yilgarn craton - there have been a few others but long ago and far away.
The sulphides at Gonneville started their journey somewhere else and wherever that was commonsense suggests that there are more undiscovered sulphides between that starting point and Gonneville and I am betting/hoping that somewhere along the way there will be at least one massive sulphide trap.
So, do the shorters know for certain that there is nothing more to be found?
No investment advice here.
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