HMX 2.56% 3.8¢ hammer metals limited

Considering that there are only ~850k shares between 8.0 and...

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  1. 117 Posts.
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    Considering that there are only ~850k shares between 8.0 and 10.0c on the ask side this morning on open of the system, any large additions to this during trading are suspicious in my book.

    Whats also a show of strength is that the 2.6mil shares traded yesterday only brought us down to 8.1 at close. In my opinion, What people selling dont understand is:
    1) incredible potential at Mt Isa thats been further derisked by JV developments
    2) The gold tenements will not add value to this company right now given overriding market conditions , so it wont take value away either, IMO
    3) Entities selling are also the entities buying. Where did the 2.6million shares go yesterday? Id bet most went to these entities.

    Anyone like to add anything else?

    Regards

    Vadar
 
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