re: Ann: POSCO to Invest in the Coburn Zircon... landzt,Yes i...

re: Ann: POSCO to Invest in the Coburn Zircon... landzt,
Yes i think they refer to them as "sophisticated investors"
we could say they are all the high end of town mates, the ones who manipulated the price back from 20 cents on the high after the POSCO announcement to most probably when it opens on thursday 11 cents.
No news from SA re the Xstrata drilling, which would havde finished well and truly by now, which means its come up a duster.
Anyway what can you do, just wait, as the SP will move after the placement, you can be sure of that as the "sophisticated investors" will want a return.
I see your LOM might be ready to go on good news
Cheers Landzt