It's a revised direction that fresh money is banking on. There's no insight in past quarterlies. Obviously what is happening on privately held tenements will be kept under wraps from official information sources. But after BUX confirm substance to the rumours through whatever channels they have, and extrapolate prospectivity to their own ground, then we might expect some news on that direction. So it's a bit of an unusual situation, and timing is tricky.
Rumours run up into heavy volume fronted by the skeptics, or the unknowing, and then traders who caught the wind become impatient amid low volume going down.
You can read BOA's news from yesterday. Their old geo has left and they are getting new approvals to revisit their Fraser Range ground. May I suggest that BOA are fairly well connected. May I also suggest that they do not take the approach of VTEM at the top of the heirachy for target definition this time around.
