M3M 0.00% 6.0¢ m3 mining limited

Ann: RC Drilling Assays Received At Edjudina Gold Project, page-16

  1. 48 Posts.
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    I'm convinced they were only attempting to get a share price boost by hitting the same bonanza grades that they previously did - why bother only drill two small holes? Director has previously indicated that they would like to vend when the SP has a bit more strength, for dilution reasons. I think that was their last shot at it though now - surely Eddie King will need to push the vends along regardless at some point (or risk them going elsewhere).
    Preston, if you don't want to let go of your position, then sell it all and buy it straight back... a psychological trade, but you'll be forward-looking and chasing gains instead of praying to recoup losses and blaming mgt for what has happened. Penny's like these constantly go through a process of being pumped, rebooted with new projects and then eventually re-capitalised to do it all again. Some may eventually happen upon a company-making project (by design, or luck with exploration).
 
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