Strange actions lately. Note the shorters have had some fun - Why else would you state sentiment as Hold, disclosure:held. Its actually telling the truth.
The price has actually dropped too far now. Fake 1mill at 7c has been dropping off every evening, sell volume also drops from 3.5mill to 1.5mill. Shorters have been doing their bit very well. There does come a point when
even shorting something like this is too risky. Certainly when it doesn't make any sense.MC is far less than cash in bank. Big warning there. Time to start buying here.
The announcement was actually pretty damn good today. Do not be advised otherwise. The infill grades were great better than drills, the title of the announcement was terrible. They need to sell the message.
They should not bury great results like "
24m @ 3.2 g/t Au from 0m to 23.8m"that should have been in the header.
Message should deliver:
Spectacular [email protected]/t intercept on DFS infill drillingAlso why hide on page 49 Drilling has commence at the Bekajang Project and following completion new program will be undertaken at Pejiru.
This is just too cheap now.
I for one will start to buy again. Risk is off. BUY BUY BUY
