SRN 0.00% 0.8¢ surefire resources nl

Most of the top 20 have been around for years and understand the...

  1. 2,753 Posts.
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    Most of the top 20 have been around for years and understand the huge potential here. I doubt it is them selling.

    However as the stock has a lot of shares on issue it could be a broker who has a few clients with 3 to 5 million shares each and if he thinks that he has another play for his clients he may get them to dump, as they may be in profits already, so that he can get them into a new shiny toy.

    This is just my theory as the fundamentals are so strong for vanadium and iron ore and the gold assay results are due any time now and they have already stated that " gold hosting quartz-porphyry intersected in all holes indicating this to be an extensive gold mineralised system"

    So overall and having such a low M.Cap, I don't see any viable reason for the selling apart from simply investors selling for the sake of it to put into something else.
 
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1 268606 0.8¢
 

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Price($) Vol. No.
0.9¢ 11471229 8
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