We all know that games are being played here with incessant shorting over the past few months and as of COB yesterday the short position exceeded 50 million shares. I am more than happy for the shares to trade between 49c and 52c until the September quarterly is announced and a figure of 45000 ounces for the September Qtr will be just fine. Time also for Matt Wilcox to come to Europe for the London 121 in December where the likes of Appian, Blackrock Natural Resources, Denham Capital, Jupiter, Orion etc. will be present. Many of these funds are very switched on to Africa as are those based in Germany and Switzerland.
TIE Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held