Ann: Substantial Increase to Makuutu REE Resource to over 500Mt, page-293

My thoughts about the current nosedive; there seems to be a highly orchestrated manipulation of the share price, this is completely obvious just watching the SP action day to day. And yes, speculative stocks are taking a hit right now, but the IXR sell off is beyond the overall market decline. It’s no coincidence this activity has commenced around the same time 400,000,000 additional shares were issued to “institutional investors”. Who knows what intentions they have.

I remember seeing similar activity with Aconnex and Bellamy’s where their SP was driven down hard over a few months only for takeover bids to be launched. Obviously the lower SP meant a lower takeover price. Could this be what we are witnessing right now?

Note: This is purely a speculative post. But it’s clear there’s something fishy going on. I’m holding tight and have accumulated more. The fact is, fundamentals haven’t changed and we’ll have an operational mine in two years. Don’t be shaken from the tree.