Ann: Tiger Resources starts production at Kipoi C, page-11

re: Ann: Tiger Resources starts production at... It is most likely overseas shareholders are selling. If they bought in the last 12 months with the ER $A at say 80c and TGS at 30c then they make 37.5% on their money and 28c (TGA at 58c) or 93% on the share, in total over 130%. A very attractive profit. If the A$ keeps rising then we can expect more selling from the overseas shareholders (this will apply to all stocks on the ASX) and our market will continue to fall.

Ciao

R1