There is definitely a hiatus in play at the moment. Strong negative sentiment prevails and will do until the next information flow. The last 5 drilling announcements should, and did, have positive effects on the share price although nothing startling. Unfortunately all the corporate activities blew any positivity out of the water! The company is operating in parallel universes at the moment.
New high grade gold zones at Mallina 27 Sep
High grade gold veins at Toweranna 3 Oct
Mallina continues to deliver 11 Nov
Positive drill results extend Withnell potential 25 Nov
Expanded drilling program commences at Mallina 26 Nov
We are in the silly season now and further announcements are unlikely (although welcome). It is now a wait and see situation.
Ann: Placement Completed Appendix 2A and Cleansing Statement, page-97
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