IGR 0.00% 50.0¢ integra mining limited

re: Ann: High-Grade Gold from Salt Creek Diam... "We are...

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  1. 20,027 Posts.
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    re: Ann: High-Grade Gold from Salt Creek Diam... "We are speculating that the market is being driven by a very large investor who has a vested interest in keeping the share price low." Call me a doofus but please explain why a large shareholder would have a vested interest in keeping the share price low? (Obviously if they were buying more, I get that, but why sell to buy more...?) Today was a bad day overall for gold miners on the ASX (XGD index was down 1.5%) yet IGR was up over 5%. I just don't get it. Yes I would have preferred it to be up 50% as well but it just ain't gonna happen, at least not in one day.

 
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